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Prepare for stronger C&I lending demand: A $1.7 trillion “wave”

Abrigo

Takeaway 3 To fully capitalize on the forthcoming C&I wave, institutions need the right products, systems, people, and technology. 2004-2008: 82.6% The emphasis for commercial credit risk management and evaluation is cash flow, fixed charges coverage, and working capital cycles. C&I lending will be the next “bomb.”

Lending 195
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Uber of X: greenRush is The Uber of Cannabis

PYMNTS

After it became illegal in the United States through the Marihuana Tax Act of 1937, the business of selling cannabis went mostly underground. Not until 2004 did cannabis become legal for non-medical use in certain areas of the country. We are the “Amazon” of Cannabis, the largest online marketplace in the world.

Las Vegas 140
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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

Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” percent in 2004, a decline of 1.1 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004.

FDIC 78
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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. However, the model doesn’t currently allow companies to issue new shares, meaning that DPOs do not raise any capital for the company. STAYING PRIVATE.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, Lycos simply couldn’t compete with better offerings from the likes of Google, and in 2004, Terra sold Lycos for a meager $95M. Zynga and OMGPOP.

Google 76
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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

As millennials head deeper into adulthood and make more money, the personal finance space is adapting to their unique money management attitudes in a few key ways: From in-person to online. The average millennial student debt load was $10,600 as of 2017 — about 2X more than what was owed by Gen X in 2004. From big banks to big tech.

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Avalara Unveils Enhanced Compliance Document Managent Solution, CertCapture

Fintech Labs Insights

The new features are designed to make it easier for SMEs to capture, manage, and analyze tax documents in real-time. “Commerce happens in real-time and we want to empower clients to manage more of their tax compliance in real-time,” Tormollen said.