PYMNTS

APRIL 10, 2019

Wells Fargo , the embattled national bank that is still reeling from a 2016 fake account scandal, is having a hard time recovering and rebuilding its reputation, leaning on cost cuts amid declines in revenue. The company has transformed significantly” since 2016.

National 144

National Capital Regulation Report 144

PYMNTS

NOVEMBER 13, 2017

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.

Taxes 105

Taxes Survey Capital America 105

PYMNTS

MAY 22, 2019

The online retailer has already been looking to raise capital at a valuation of about $2 billion, and the acquisition of ShopClues could help its funding efforts. For its part, ShopClues raised nearly $150 million in funding in 2016 to reach a billion-dollar valuation, becoming the seventh Indian startup firm to join the unicorn club.

Meeting 116

Meeting Capital Policies Compliance 116

Independent Banker

JULY 31, 2022

Locality Bank, a digital-first community bank serving south Florida that opened in January, is run by industry veterans with such successful track records that regulators signed off on their application for a charter in less than a year. from 2016 until its sale in 2018. Location: Fort Lauderdale, Fla. Built on a solid foundation.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

SEPTEMBER 16, 2016

Earlier projections had predicted slower growth for 2016. Shay sees even better growth in the future but suggested that the government stop proposing rules and regulations that hinder capital investment and find ways to help retailers increase income and job stability for employees.

Retail 100

Retail US Data National 100

PYMNTS

MAY 9, 2016

Bank of America, Capital One, Wells Fargo, Chase and more published their findings — sometimes to contradicting conclusions. Chase reached some optimistic conclusions regarding how small business owners feel about the year ahead, while Capital One highlighted a 9 percent decline in SME optimism.

America 100

America National Capital Survey 100

PYMNTS

JANUARY 10, 2017

The central bank’s comments come as Beijing escalates a campaign to check capital outflows, said Reuters , and to slow the depreciation of the yuan. Current regulations limit foreign exchange to an annual maximum of $50,000, but some believe that people are using bitcoin and other digital currencies to circumvent the exchange cap.

Bitcoin 100

Bitcoin Regulation Meeting Capital 100

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and finance experts are celebrating with new data on the state of the entrepreneurial community.

Taxes 144

Taxes America National Community 144

PYMNTS

MARCH 5, 2018

This new round of capital will help us further our mission of connecting communities around the world through last-mile delivery,” CEO Tony Xu said. SoftBank Group led the round, along with participation from GIC, Wellcome Trust and Sequoia Capital.

Regulation 108

Regulation Data Regional America 108

PYMNTS

AUGUST 1, 2018

The report called on Congress to establish a national commission to conduct a comprehensive review of existing financial laws and regulations, and establish a pilot program to test the efficacy of coordinated bank examination teams.

Policies 100

Policies Report Regulation Maine 100

PYMNTS

SEPTEMBER 7, 2018

As of now, the central bank is tasked with looking over the compliance of banks to capital standards as well as other financial stability-related regulations. Monitoring money-laundering, however, is usually handled at the national level. and Dutch authorities to a firm owned by an Uzbek official.

Regional 109

Regional Compliance Regulation Meeting 109

PYMNTS

JANUARY 23, 2017

It looks like Chinese regulators’ long speculated-upon uptick in interest in bitcoin has started to happen. The nations’ three largest bitcoin exchanges will now begin charging a trading fee, effective this week. BTCC, Huobi and OkCoin have all separately stated that going forward they will charge traders a flat fee of 0.2

Bitcoin 100

Bitcoin blockchain National Capital 100

PYMNTS

OCTOBER 24, 2016

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.

Payments 100

Payments National Regional Survey 100

PYMNTS

SEPTEMBER 16, 2016

Few pundits were looking at 2016 to be a blockbuster year for retail sales. In fact, the National Retail Foundation released its 2015 economic forecast in February with estimates of just a 3.1 percent growth rate for retail sales in 2016. This represents an improvement over the 10-year average of 2.7

US 100

US Retail Policies Online 100

PYMNTS

FEBRUARY 19, 2019

As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder small businesses’ access to capital and financial services. Reports said Powell noted that looser community bank regulations may help keep branches open.

Marketing 108

Marketing Community Community Bank Industry 108

PYMNTS

AUGUST 2, 2016

1) said micro, small and medium-sized enterprise (MSME) lending will help fuel growth in the global peer-to-peer lending space between 2016 and 2020. In a statement, Technavio lead analyst Amit Sharma said developing nations are particularly ripe to host P2P lending expansion, especially in the small business financing space.

Lending 100

Lending Capital Management Analytics 100

PYMNTS

OCTOBER 14, 2016

According to Forbes, the past few years has seen an increase in bad loans that has caused traditional lenders to be more cautious in their lending, and that includes the nationalized banks. Existing regulations are not clear on these partnerships because while NBFCs can lend money, they are not allowed to take deposits.

Lending 100

Lending Capital Maine Cards 100

PYMNTS

OCTOBER 13, 2017

Foreign property buyers appear to have gotten that message, if research from the National Association of Realtors (NAR) is any indication. Between April 2016 and March 2017, the NAR reported that overseas buyers spent $153 billion on U.S. real estate during the NAR’s April 2016 to March 2017 report timespan. billion on U.S.

California 171

California National New Jersey Report 171

PYMNTS

DECEMBER 4, 2018

The ministers’ plan has actions that last until 2020, and includes measures to reduce the power of national supervisors setting anti-money laundering rules. The agreement comes following two years of talks and was proposed by the European Commission in 2016. The review is expected to last until June, past the EU elections in May.

National 144

National Examples Capital Management 144

PYMNTS

SEPTEMBER 19, 2019

The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the day after the referendum vote unexpectedly ruled in favor of leaving the European Union. member nations. The last few weeks, although eventful, have not been particularly clarifying. 8 percent growth. .

Case Study 181

Case Study Lending Regulation Study 181

PYMNTS

JUNE 8, 2016

That goes for both businesses and government entities, according to eInvoicing firm Billentis in its 2016 E-Invoicing: Digitization & Automation report, released Monday (June 6). It’s a national-scale effort, Billentis argued, that also makes sense on the company-scale. In these markets, paper invoices continue to reign.

America 100

America Taxes Tools National 100

PYMNTS

JANUARY 25, 2018

In an attempt to address many of these concerns, regulators have stepped in with initiatives, such as establishing a Small Business Commissioner last year to champion SMB-related causes. Research released in 2016 by the British Chambers of Commerce and by Bibby Financial Services found that only 18.8 As part of the U.K.

Lending 122

Lending Regulation Marketing Operations 122

Independent Banker

FEBRUARY 28, 2023

He has also served on ICBA’s executive committee for many years, including a term as treasurer from 2016 to 2018. So, he joined a training program at what was then Citizens & Southern National Bank, once the largest bank in the southeastern U.S., for eight years. now part of Bank of America, before moving to Griffin, Ga.,

Community 172

Community Community Bank Georgia San Antonio 172

CFPB Monitor

FEBRUARY 20, 2020

In November 2016, the CFPB issued a request for information (RFI) about market practices related to consumer access to financial information, and in October 2017, it released a set of “ Consumer Protection Principles ” for participants “in the developing market for services based on the consumer-authorized use of financial data.”.

Policies 78

Policies Data Innovation Management 78

PYMNTS

JANUARY 6, 2017

seemed to reach a fever pitch in 2016. 2016 alone, with more expected to follow suit. based insolvency firm Hudson Weir conducted research that found that 1,093 businesses in the nation are headed for insolvency this month. regulators as of late. The issue of late supplier payments in the U.K.

Payments 101

Payments Survey Management Report 101

CB Insights

SEPTEMBER 22, 2017

That 2017 is shaping up to be a big year for regtech is not surprising, considering the macroeconomic drivers affecting the space — including the increasing demands of the regulators and the large volume of regulation that companies are required to be in compliance with. RegTech Trends. Look for Regtech in the Collections tab.

Compliance 46

Compliance Trends Software Capital 46

William Mills

SEPTEMBER 9, 2016

William Mills Agency will be live blogging at Finovate Fall 2016. I believe SEC regulations require a company to go public if they have more than 500 shareholders. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions. Regulated Financial Institution.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

JANUARY 31, 2018

The publication noted blockchain’s “talismanic effect in today’s stock market” and investors’ heightened appetite to “capitalize on the popularity of currencies like bitcoin and Ethereum” as other reasons to take Kodak’s latest venture with a bit of healthy skepticism. Broader Doubts Emerge. Possible) Scammers Emerge. Clearing the Air.

blockchain 124

blockchain Bitcoin cryptocurrency New York 124

PYMNTS

JANUARY 29, 2018

despite a flurry of concerns over regulations, economic development and more. About a third of SMBs recently told Capital One they’re currently in a better financial position than they were a year ago, for instance. Now, a decade on, small business optimism is up in the U.S., Credit unions cannot invest more than 12.25

Lending 116

Lending Florida Report Community Bank 116

Independent Banker

JANUARY 28, 2016

Anticipating safety and soundness exam issues in 2016. As in past years, community bankers will have a dynamic regulatory environment to contend with in 2016. IB: What safety and soundness issues are the regulators watching out for this year? What should community banks anticipate here?

Community Bank 70

Community Bank Community Regulation Lending 70

PYMNTS

DECEMBER 29, 2016

Deloitte has been an early embracer of blockchain technology, and 2016 was a busy year for the consulting firm in the space. According to Piscini, it will be crucial for the success of blockchain that a major trend seen in 2016 continues in the new year: blockchain consortia.

blockchain 137

blockchain Metro Technology Survey 137

PYMNTS

JUNE 28, 2016

And while we expect 2016 will mark the 24oth July 4th in a row that the British have not celebrated, one can not help but admire the impressive degree to which they’ve upped the level of the fireworks game. Those shocks included LendingClub come-apart as the spark and increasingly interested looking pack of regulators coming to call.

Lending 100

Lending National Marketing Online 100

PYMNTS

NOVEMBER 28, 2016

banks, meanwhile, have risen in financial stability regulators’ ranks for how much of a risk they pose to the global financial system should they fail. corporates over the last five years, a 25 percent increase between 2011 and 2016, according to alternative lender Funding Options.

America 100

America Guidelines Report System 100

PYMNTS

SEPTEMBER 22, 2017

That’s nearly a billion dollars in funding, comparing favorably with the 45 percent logged in 2016. The slowdown in new businesses being founded in the 1980s and 90s was largely quarantined to certain segments – especially retail, where corner stores and regional brands were falling to larger national chains.

US 108

US Apple Innovation Regulation 108

PYMNTS

NOVEMBER 1, 2017

Unsurprisingly, companies are looking to capitalize on that growing market. percent between 2016 and 2020. in early 2016, and has since launched in several other global markets. It also means encountering and addressing each new market’s regulations regarding fantasy sports and gambling. million in 2014 to 59.3

Payments 102

Payments Regional America Marketing 102

CFPB Monitor

MARCH 8, 2017

The first RFI , issued in November 2016, seeks information about market practices related to consumer access to financial information. Echoing comments he made in October 2016 , Director Cordray also stated that the CFPB “remain[s] concerned about reports of some institutions that may be limiting or restricting access unduly.”

Conference 74

Conference Policies New York City Data 74

Jeff For Banks

FEBRUARY 3, 2018

Because the nation's balance sheet and income statement is not improving. And capital ratios have held steady and strong. In fact, if you listen to some institutional investors, the industry is over-capitalized. And I have never heard a regulator say the phrase "over capitalized". But what of banking?

Taxes 60

Taxes Regional Industry Trends 60