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OECD Sees Continued Decline In Global Economy

PYMNTS

The Organization for Economic Cooperation and Development (OECD), a consortium of 34 nations worldwide, has warned that the U.S. are less optimistic about the national economy, with economic outlook dropping for the fourth month in a row, according to data from the National Federation of Independent Business (NFIB).

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Deposit Behavior In This Rate Cycle – Part III

South State Correspondent

In two recent articles, we reviewed the banking industry’s deposit behavior with regard to cost of funding earning assets (COF) ( HERE ), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle ( HERE ).

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The Globalization Of Late Payments

PYMNTS

92% of South African SMEs are planning for growth next year , found a new report by the National Small Business Chamber (NSBC). Its 2016 National Small Business Survey signals widespread optimism across the nation’s small business community, despite economic challenges. debt recovery firm.

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Despite Plenty Of Concerns, SMB Optimism Holds Fast

PYMNTS

Luckily, research from Bank of America, Wells Fargo, Capital One and others often point to one thing: Despite the challenges, small businesses are optimistic. Bank of America also found in a fall 2017 survey that nearly three-quarters of SMBs expect their 2017 year-end revenues to beat 2016’s figures. Eighty-one percent of U.S.

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Where (And How) QSRs Are Growing The Fastest

PYMNTS

In this edition of the Commerce Connected Report , in collaboration with First Data, PYMNTS takes a deep dive into the quickly growing QSR world, examining how, and in what region, the industry’s sales are increasing most quickly. percent nationally over the past six months, and ticket sizes have increased by 2.7 Growing Ticket Sizes.

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How Healthy Are Hoosier State Storefronts?

PYMNTS

The primary season of 2016, however, strayed from the “regular” script quite some time ago. On nearly every available metric, Indiana has outpaced both the national results and its regional peers – though the growth has hardly been stellar. percent for the nation as a whole. The overall index grew 3.1

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ECB Wants ‘Single Agency’ For AML Enforcement

PYMNTS

In addition, the official noted that the region has “seen cases recently where AML issues have compromised the functioning and even the viability of some banks, so it is very important here to move forward.”. Monitoring money-laundering, however, is usually handled at the national level.

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