PYMNTS
FEBRUARY 25, 2020
The Singapore state-owned investment firm has had wage freezes in the past – it implemented similar moves during the 2008 financial crisis and the 2003 SARS outbreak, Bloomberg reported. In addition to financial markets, mortgage rates and tourism, manufacturers are also experiencing a production hit.
Abrigo
NOVEMBER 29, 2021
Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category. Once accounting for 46 percent of bank revenue (2003), more recently, noninterest income averages closer to 34 percent (2018). Community banks target growth. Types of Noninterest Income.
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Independent Banker
FEBRUARY 28, 2023
By Jim Reber, ICBA Securities As many community bankers are still picking up the pieces from their bond portfolio’s meltdown last year, it occurs to me that the breathtaking rise in rates has created at least one byproduct that is both unusual in frequency and tangibly beneficial for future performance. One is that they are loan surrogates.
CFPB Monitor
MARCH 10, 2022
In a related development, the Treasury Department announced that the Financial Literacy and Education Commission (FLEC) “would form a new subgroup on digital asset financial education, which will operate alongside the FLEC’s current workstream analyzing the impact of climate change on household and community financial resilience.
PYMNTS
NOVEMBER 6, 2018
More so than the average SMB, independent pharmacies are particularly affected by the state of the healthcare market and its regulatory shifts. While all small businesses may struggle with cash flow, certain market forces in the pharmaceuticals and healthcare space make owning a small pharmacy a challenging endeavor.
PYMNTS
MARCH 2, 2020
As of last week — which saw the S&P 500 lose over $1 trillion in a day and the stock market across the board suffer its worst week since the dawn of the Great Recession in 2008 — concern is emerging that COVID-19 might just tip off a worldwide recession. And then there are the jerks.
Celent Banking
MAY 31, 2016
Temenos's strategic expansion makes sense in that its flagship core banking platform T24 has traditionally been aimed at the universal banking market, so fund administration represents somewhat of a contiguous market for them. FIS's community banks had their own conference called InfoShare back in April.).
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