Remove 2012 Remove Capital Remove Marketing Remove Taxes
article thumbnail

Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

Looking Back at 2012 Every year, I usually write about the past year with mixed feelings, at times nostalgic for those events and at times, glad that the year is over. 2012 brought us highs, lows, and surprises. more “promises,” and a constant flow of new money into the markets. per gallon price level rather than the $4.00

Taxes 71
article thumbnail

WeChat, Alipay Partner QFPay Notches $20M For Payment Innovation

PYMNTS

Digital payments startup QFPay , the largest global partner of WeChat Pay and Alipay, raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners, TechCrunch reported on Tuesday (Aug. QFPay was founded in China in 2012 and is known for its QR code-based technology. “We

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bank Of England Tells HSBC To Tighten Fraud, Staff Compliance

PYMNTS

Samir Assaf, HSBC head of global banking and markets, shared the news with other seniors bankers on Tuesday (Nov. HSBC posted an 18 percent loss in pre-tax profits for the third quarter of 2019 compared to the same period last year, reports said. Combined, the assets make up one-third of the bank’s capital, according to Stevenson.

article thumbnail

Banks Keep SMB Lending Gains Rolling

PYMNTS

When you combine a strong economy, healthy retail demand and the willingness of small business owners to reinvest their savings from tax cuts, it creates a positive atmosphere for small business lending ,” said Rohit Arora, Biz2Credit CEO, in a statement. alternative small business finance market in an effort to explore borrower protections.

Lending 102
article thumbnail

What Apple Didn’t Tell You Last Week

PYMNTS

Stockholm is the largest city in the small country of Sweden that’s famous for a few other things, too: charming and beautiful people, long dark winters, short but amazing summers, generous government and social benefits, and having one of the most progressive tax systems in the world. times the average Swedish income.

Apple 100
article thumbnail

The Current State of Ag Lending: Challenges for Borrowers, Lenders, and How to Overcome Them

Abrigo

“This advisory reminds financial institutions engaged in agricultural lending to maintain sound underwriting standards, strong credit and administration practices, effective risk management strategies, and appropriate allowances for losses and capital levels through the credit cycle,” the FDIC statement said.

Lending 195
article thumbnail

Guest Post: Second Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

On June 28th, the Supreme Court upheld the Affordable Care Act as constitutional, calling penalties on individuals for failing to purchase health insurance a “tax.” This decision sets in motion a series of steps to implement the law over the next few years along with the estimated $813 billion in taxes and levies over the next ten years.

Taxes 66