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Data Enablers: Spreadshirt, Data-Driven T-Shirts

PYMNTS

Germany- and Boston-based Spreadshirt uses data, analytics and even social media information to build a product and spread news among communities while printing more than 3.6 We automate complex payment and tax regulations in over 180 countries and offer a variety of payment checkout options,” said Smoter. million items last year. “[Our

Data 100
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Tracking The Trends That Shaped 2020’s The Digital-First Economy

PYMNTS

As told by Citi and GE , the pandemic prompted a massive online shift as stores closed and consumers became wary about venturing out. The year-over-year increase in cross-border online sales was even more dramatic in other regions. There was another inconspicuous but remarkable dimension to these trends, however. Credit Union.

Trends 259
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The dot-com bubble recession began in March 2001 and lasted only 8 months. percent of all jobs in 2001 to 11.3 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Most of the more than 500 financial institutions that failed were community banks.

FDIC 78
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Consumer Lending: Should Banks Do It?

Jeff For Banks

Ever since we formed our company in 2001, this has been the case. Most community financial institution strategies has some sort of “community” focus. It’s implied whenever someone says “we’re a community bank”. pre-tax profit as a percent of the portfolio. And it wasn’t an anomaly. Fixed home equity loans… nope.

Lending 60
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The Election That Misplaced Small Businesses

PYMNTS

This week opened with Hector Barreto — the current Chair of the Latino Coalition and a former SBA Administrator from 2001-2008 – wondering what on Earth had happened to the economic message during this particular election season. million businesses that line the main streets and side streets of the local communities across the U.S.

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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

That was when he approached Capital Today, pitched his vision of a “full-service online retailer,” with a focus on logistics, and asked for $2M. Today, JD.com continues to grow and take a greater share of the B2C online shopping market in China. in market value was lost in the crash — NASDAQ lost half of its entire value in 2001 alone.

Lending 78