PYMNTS

APRIL 9, 2020

JPMorgan Chase has dimmed its view of the future yet again, now saying the nation’s gross domestic product (GDP) could sink by as much as 40 percent in the second quarter due to the coronavirus pandemic, according to CNBC. The number of those unemployed now surpasses the high from the 2009 recession, which maxed out at 6.64

New Jersey 250

New Jersey Michigan Georgia Florida 250

PYMNTS

JANUARY 21, 2020

A recent report from the United Nations indicates that tech advances in the remittance marketplace “could help enable financial inclusion for hundreds of millions of people in the Asia-Pacific region.”. ” Launched in 2009, Lulu Money has five million users processing 1.1 million transactions annually.

Regional 250

Regional cryptocurrency System National 250

CFPB Monitor

MAY 6, 2019

reintroduced a bill , the “Protecting Consumers From Unreasonable Credit Rates Act of 2019,” that would create a national interest-rate cap of 36% on consumer loans. Supporters of the legislation include the NAACP, AFSCME, and National Consumer Law Center. Last week, Senator Dick Durbin, D-Ill.,

National 101

National 101

PYMNTS

JANUARY 21, 2021

21) during a virtual presentation at the National Retail Federation ’s Big Show event , CNBC reported. “I Online sales had been doing well, making up for the 23 percent drop in the market since the pandemic began — the first major contraction since 2009. I think what we learned is [consumers] view luxury as the comfort food of retail.

Retail 172

Retail Report Online National 172

FICO

DECEMBER 2, 2019

FICO® Score as of April 2019 is now 706, some 20 points higher than the national average score back in April 2009. . There are consumers who weren’t using credit back in 2009 but who have since established a sufficient credit history to meet the FICO minimum scoring criteria. We explore these questions below. Credit Inactives.

National 52

National Comparison Analysis Meeting 52

PYMNTS

JUNE 8, 2020

The committee concluded a peak in the nation’s monthly economic activity occurred in February, which signifies the end of the expansion that began in June 2009 and the start of a recession. Between trough and peak, the economy is in an expansion.”. “The expansion lasted 128 months, the longest in the history of U.S.

US 142

US National Report 142

PYMNTS

FEBRUARY 20, 2020

The FSB is comprised of national authorities responsible for financial stability in 24 countries and jurisdictions. It was launched following the financial crisis of 2007 to 2009 as an early warning system to avoid another “global market meltdown.” The daily calculated bank-to-bank interest rate is a benchmark for trillions of U.S.

cryptocurrency 194

cryptocurrency Meeting Conference Regional 194

PYMNTS

MAY 13, 2020

When the coronavirus pandemic struck the nation two months ago, panicked customers stockpiled paper goods, shelf-stable foods and other essentials as states shut down. Sales of store brands, so-called private labels, which are priced lower than national brands, have surged during the pandemic. But that’s all changed.

Survey 131

Survey US Branding Analytics 131

PYMNTS

MARCH 17, 2020

The end result will be much worse than the Great Recession, where roughly 800,000 people were fired or laid off in March 2009 alone. . Field Nation’s CEO Mynul Khan said he feels that for the most part, the U.S. Not everyone is pessimistic. workforce is in a position to weather the storm.

US 189

US Analytics Study National 189

PYMNTS

OCTOBER 1, 2020

Ebury, which was started in 2009 and has offices in more than 20 nations, becomes a part of Nexi Open with the deal. Italian PayTech firm Nexi has inked a partnership with FinTech Ebury , which offers international transaction banking services to companies, according to an announcement.

Fintech 228

Fintech Data Risk Management Management 228

PYMNTS

DECEMBER 29, 2019

Danilova started at the central bank in 2009 as an economist. In November , Russia announced it was partnering with PayXpert to test its national payment system, MIR, in London. The central bank will work with the commercial banks it oversees to develop a distinct prototype for such standards, she added.

Strategy 131

Strategy Guidelines System National 131

CFPB Monitor

MARCH 4, 2019

The report is part of the Bureau’s series of quarterly reports on consumer credit trends that uses a “longitudinal, nationally-representative sample of approximately five million de-identified credit reports from one of the three nationwide consumer reporting agencies.” Conventional (i.e.

Report 74

Report Comparison Analysis National 74

PYMNTS

JUNE 1, 2017

Called Trojan.Bachosens , the malicious software was predominantly used by nation-state actors, which confused researchers working on the case. The auto-tech company reported the issue back in 2009, while Symantec recently identified the malware in 2014.

Tools 116

Tools Security National Groups 116

PYMNTS

NOVEMBER 2, 2020

The report from the ISM Manufacturing Report on Business PMI (a gauge of national factory activity) stood at 59.3, The ISM said that the latest reading was the second-largest positive change since May of 2009. points sequentially from September’s level. Consensus had pegged the PMI (purchasing manager’s index) to come in at 56.

Maine 204

Maine Management Report Data 204

BankUnderground

APRIL 28, 2023

GDP data was collected from the Office for National Statistics and FRED® for the UK and US respectively. First, analysing years up to 2009 can be used to measure the cyclical patterns in a less regulated environment, providing evidence on whether Basel III needed cyclical components. p<0.01.

Capital 78

Capital Lending US Data 78

PYMNTS

AUGUST 10, 2017

The executive, using statistics from Hong Kong Police, told Reuters that the number of cybersecurity incident reports have jumped to 6,000 in 2016 from 1,500 back in 2009. Interpol had estimated at the time that more than 100,000 organizations across 150 nations had been hit by the cyberattack. billion in the same time period.

National 122

National Policies Groups Report 122

PYMNTS

FEBRUARY 8, 2019

The annual survey by the National Retail Federation (NRF) and Prosper Insights & Analytics reports that Americans are going to spend a record amount of money on Valentine’s Day , even though there’s been a general decrease in how many people celebrate the holiday over the years.

Retail 150

Retail Survey Analytics Cards 150

Jeff For Banks

APRIL 4, 2010

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. A case in point: the First National Bank of Hallstead… now Peoples National Bank (see photo). The bank closed during the national bank holiday that was ordered by President Roosevelt in 1933.

Community Bank 60

Community Bank Pennsylvania National Community 60

PYMNTS

DECEMBER 2, 2019

Fees will stay the same as 2019 for the FedACH service, National Settlement Service and Fedwire Securities Service. From 2009 through 2018, the Reserve Banks recovered 102.6 The changes will result in average price increases of 3.3 percent for check services , 3.7 percent for Fedwire Funds and 2.9 percent for FedLine customers.

Kansas 101

Kansas Payments Taxes System 101

PYMNTS

JULY 27, 2016

The number of complaints reported in 2015 were the highest since before the 2009 recession, and ValuePenguin estimated that recent advancements in credit card security will do little to combat this. The state led the nation for the most per capita credit card fraud complaints for the second year in a row, with 7,999 complaints in 2015.

Fraud 100

Fraud Cards South Dakota West Virginia 100

PYMNTS

DECEMBER 7, 2018

The arrest adds complications to an already tense situation between the two nations, who are locked in an ongoing trade war. Meng used a Hong Kong company known as Skycom Tech to do business with telecom companies based in Iran from 2009 to 2014. Meng was arrested on Dec. The New York Times reported that Ms.

Fraud 116

Fraud United States New York Compliance 116

PYMNTS

JUNE 6, 2019

since 2009. The comments came as a surprise, and some have speculated that Walmart’s status as the nation’s largest private employer could create pressure on Congress to act. There has been no minimum wage increase in the U.S.

Arkansas 115

Arkansas Meeting Retail Training 115

FICO

SEPTEMBER 9, 2019

Since bottoming out at 686 in Oct 2009, there have been nine consecutive years of increases in the national average FICO Score. As a result of these developments, consumer credit profiles and financial health have shown significant improvement since bottoming out in 2009. The latest data is in, and the average U.S.

National 74

National Chicago Report Analysis 74

PYMNTS

NOVEMBER 11, 2019

percent compared with the previous quarter, according to data from the Office for National Statistics released on Monday. The CBI said that if the results are adjusted for the time of year, then sales are the lowest since March of 2009. Economic output grew 0.3 Economists polled by Reuters had forecast a 0.4 percent expansion.

Survey 101

Survey Retail National Report 101

PYMNTS

AUGUST 30, 2017

The average student loan balance for borrowers in the country stands at $34,144, while the average VantageScore for consumers with one or more student loans stands at 650, registering 25 basis points lower than the national average. percent since 2009, noted Experian. Back in 2007, the number of student loans per person was 2.4,

Analytics 112

Analytics Lending National Management 112

PYMNTS

JUNE 27, 2019

s National Crime Agency (NCA), have arrested 6 individuals after a 14-month long investigation into a €24 million cryptocurrency theft. Imgur began in 2009 as a gift to the internet. In other news, it was announced that the U.K.’s The theft targeted bitcoin tokens, impacting at least 4,000 victims in 12 countries.

ATM 115

ATM Bitcoin San Francisco cryptocurrency 115

Perficient

MARCH 10, 2021

” SNC (pronounced like the candy bar but without the “ers”) stands for the Shared National Credit Program, which, since 1977, has assessed risk in the largest and most complex credits shared by multiple regulated financial institutions. percent vs 22.3 percent) subject to negative review was substantially lower.

National 309

National Regulation FDIC Retail 309

PYMNTS

MARCH 18, 2016

“It is not expected that nonpayments will improve in the short term,” the report concluded, noting that the local currency, RMB, continues to face downward pressure and the nation is in the midst of some serious stock market volatility. The 80 percent of businesses that have experienced overdue bills in 2015 is only slightly up from the 79.8

Payments 100

Payments Survey National Analysis 100

PYMNTS

FEBRUARY 12, 2018

According to the ASIC, many of those users are small businesses, with some cases dating back as early as 2009. Last September, reports in Reuters said the nation introduced new rules on bank executives to cap their salaries, delay bonuses and take action if bank chiefs are found guilty of misconduct.

Cards 116

Cards Lending National Report 116

PYMNTS

APRIL 22, 2016

Going forward, Walmart’s board with have 12 members as opposed to 15, in an attempt to more closely resemble other retail boards nationally. Also stepping down are Aida Alvarez, Roger Corbett and Mike Duke (Walmart’s CEO from 2009-2014). The changes will see 67-year-old Jim Walton retire from the board.

National 100

National Retail Operations Marketing 100

PYMNTS

APRIL 10, 2017

The $1 trillion level has been attained for credit card debt within the country, with that level not seen since early 2009, when the shockwaves of the financial crisis first were felt. And we’ve raised the national debt to a much higher level.”. In the U.S., at least, debt is no four-letter word.

Cards 120

Cards US Lending National 120

PYMNTS

JULY 15, 2016

All in, traffic in China’s ports is at its lowest level sine 2009, when cargo volumes fell by 4.6 The consumer goods market — generally one of the faster-moving in the nation — grew by 5.4 The 10 largest ports in China have grown at just 1.4 percent so far this year, as opposed to the same time last year when growth was 2.5

Retail 100

Retail National Trends Strategy 100

PYMNTS

MARCH 30, 2017

Working together, Tesla and Tencent could feasibly leverage Didi’s existing network in China to bring self-driving vehicle models into the nation of over 1.3 Even Waymo, Alphabet’s self-driving company, which has been working on its own autonomous tech since 2009, still sees a handful of times when driver needs to take over.

National 100

National Technology Capital Company 100

PYMNTS

DECEMBER 5, 2016

Twino was founded in 2009 and currently sells loans from Georgia, Latvia, Denmark, Estonia and Poland. In response to the sanctions, Russia created a new national payment system as a means to lessen its reliance on Western systems after Visa and Mastercard stopped providing services.

Georgia 100

Georgia Lending System Operations 100

PYMNTS

MARCH 18, 2019

Approximately 2 percent to 5 percent of the world’s gross domestic product (GDP) – $800 billion to $2 trillion – is laundered each year, according to a report from the United Nations Office on Drugs and Crime (UNODC). Financial and Ethical Security Strategies.

Compliance 181

Compliance Regulation Chicago Tools 181

PYMNTS

OCTOBER 11, 2016

Only 49 percent of retailers said sales at established locations rose during the second quarter this year compared to a year earlier, which is the lowest amount since 2009 when the U.S. The National Retail Federation said last week that it expects holiday sales to rise 3.6

Retail 100

Retail National Online 100

Abrigo

FEBRUARY 16, 2017

For loans originating in 2009, the total life-of-loan loss rate is 3.19% and the 2010 rate is 3.49%. The loss experience of this original balance is tracked annually and summed over the life of the loan leaving a cumulative, life-of-loan loss rate based on historic averages.

Analysis 150

Analysis Examples Data Regional 150