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Preparing your financial institution to manage loan workouts, loan modifications

Abrigo

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. Takeaway 2 Meanwhile, banks and credit unions will likely see a beefed-up regulatory emphasis on credit risk management practices, especially tied to CRE. .

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Retail Sector To Boost Mobile POS Terminal Market Value To More Than $103B By 2023

PYMNTS

A new report by Global Market Insights reveals that the market size for mobile POS terminals will gain significant growth in the coming years, with a compound annual growth rate (CAGR) of more than 19 percent from 2016 to 2023. According to a press release , the POS Terminal Industry is expected to be valued at $103.52

Retail 164
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Enable Raises $13M For Rebate Management Platform

PYMNTS

company calls itself a “rebate management solution” with the goal of helping manufacturers and retailers handle rebates. Enable was started in 2015 by Denys Shortt and Andrew Butt, but didn’t officially launch until 2017. Enable was started in 2015 by Denys Shortt and Andrew Butt, but didn’t officially launch until 2017.

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Investors Fear China Stock Market Bubble Brought On By Gov’t Stimulus To Combat Virus

PYMNTS

A surge cap in Chinese stocks, fueled by the stimulus package from the government to combat the virus-riddled economy, has brought about fears of a repeat of the 2015 market crash, according to Reuters on Wednesday (Feb. percent gain in China’s blue-chip CSI 300 index. percent gain in China’s blue-chip CSI 300 index.

Marketing 146
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Legal Cannabis Retail Gets Big, Feminine And Luxurious

PYMNTS

It’s not often that one gets to see a new form of retail emerge, but that’s what’s happening with, of all things, legal recreational cannabis. So far, this retail is taking a form that is big, feminine and even a bit luxurious. The retailer said it is launching The High End, a luxury cannabis lifestyle and wellness concept shop.

Retail 186
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The Global Connected Retail Market May Top $82B By 2025

PYMNTS

Retail is undergoing a reinvention with the rise of eCommerce, and merchants are trying new approaches to their brick-and-mortar stores. Overall, retailers such as Nordstrom are changing their models as an increasing amount of retail spend is now being completed away from physical retail stores. Retail spending saw a 1.6

Retail 102
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Amazon Replacing Retail Vets With Software

PYMNTS

Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. The shift to automating retail team jobs started several years ago with an initiative called “hands off the wheel.” Amazon is so cutthroat and crowded,” she says.

Software 108