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

SEPTEMBER 7, 2018

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.

Regional 109

Regional Compliance Regulation Meeting 109

Celent Banking

MARCH 30, 2016

As I prepared for the webinar, I thought back to my first exposure to commercial lending when I worked for a large regional bank and I recalled the 4C’s of commercial lending from credit training: character, capacity, capital and collateral. Cost of compliance. Changing client expectations. Competition from new entrants.

Lending 100

Lending Compliance Training Capital 100

PYMNTS

AUGUST 1, 2018

Small businesses are essential job generators, and the major driver of economic growth and vibrancy for all regions of the country.”. It is critical that we respond to the needs and concerns of Main Street America,” said Snowe in a statement. Suggestions included that the U.S.

Policies 100

Policies Report Regulation Maine 100

PYMNTS

APRIL 16, 2019

The overhaul was put forth by the European Commission in November of 2016, and it mandates the amount of cash a bank has to put aside to be able to absorb losses. It also introduces updated requirements, in line with post ‘07-’09 financial crisis levels, for liquidity and capital.

System 116

System Taxes Regional Google 116

PYMNTS

OCTOBER 24, 2016

Its 2016 National Small Business Survey signals widespread optimism across the nation’s small business community, despite economic challenges. The most common challenge they cited is no surprise: a lack of access to working capital. Its 2016 Working Capital Outlook Survey revealed that 20 percent of U.K.

Payments 100

Payments National Regional Survey 100

PYMNTS

MARCH 1, 2016

And while some of these strategy revamps have been telegraphed, the numbers show some impact from regulations and investigations, as the firm posted a net loss of roughly $547 million (394 million pounds), which is far worse than a year ago at 174 million pounds. Staley, on board. Staley took the reins as CEO at the end of last year.

Operations 100

Operations Strategy United States Regional 100

Tech and Finance

JULY 13, 2016

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. The 2016 U.S. Or at least they should be. Mobile Banking Functionality Benchmark.

Regional 28

Regional Mobile Millennials Study 28

PYMNTS

JANUARY 31, 2019

The bank is one of several newly proposed community banks in the region, with goals of disrupting the financial services landscape, including business and corporate banking. The FDIC held a meeting in 2016 with community bankers about their concerns with facing competitive headwinds, not only from large FIs, but from FinTech firms as well. “I

Community Bank 122

Community Bank Community FDIC Marketing 122

PYMNTS

OCTOBER 17, 2019

million in a funding round that was led by Pangaea Ventures and Happiness Capital. The value of fake and counterfeit products went from $461 billion in 2013 to $509 billion in 2016. Because they’re not regulated, the items can pose health and safety risks for consumers, particularly for food and medical items. percent in 2013.

Fraud 101

Fraud Innovation Technology Mobile 101

PYMNTS

OCTOBER 17, 2019

million in a funding round that was led by Pangaea Ventures and Happiness Capital. The value of fake and counterfeit products went from $461 billion in 2013 to $509 billion in 2016. Because they’re not regulated, the items can pose health and safety risks for consumers, particularly for food and medical items. percent in 2013.

Fraud 101

Fraud Innovation Technology Mobile 101

Tefkin

JANUARY 5, 2016

Looking at 2016 with the experience of the past 7 years in financial services. While banks are still experiencing the effect of the crisis notably through restrictive regulation and a continuing string of financial scandals, their public messaging is one of innovation and change. it will be a pivotal year for financial services.

Fintech 31

Fintech Marketing Maine Trends 31

PYMNTS

OCTOBER 1, 2018

Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016. The build-back from the revelations of 2016 was a bit more of a lengthy process. The Rundown on the Run-up to the Decisions.

Lending 135

Lending Fraud Management San Francisco 135

BankUnderground

JANUARY 27, 2021

Banks active in the disaster area after hurricane Katrina hit, increased their capital ratios by reducing risk-weighted assets. Only stand-alone banks, especially those with already high capital ratios, behaved this way. Furthermore, banks are often encouraged by regulators to extend loans to borrowers affected by a natural disaster.

Lending 70

Lending Study Marketing Capital 70

Jeff For Banks

FEBRUARY 3, 2018

That yielded 291 total institutions, broken down by region. 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". Financial condition ratios are promising.

Taxes 60

Taxes Regional Industry Trends 60

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. Demo: Customer Insight Dashboard for Regional Manager who can view their forward looking metrics such as customer attrition and look forward several quarters.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

NOVEMBER 1, 2017

Unsurprisingly, companies are looking to capitalize on that growing market. DraftKings ’ chief international officer, Jeffrey Haas, recently spoke with PYMNTS about the challenges involved in introducing fantasy sports to new markets, and which sports generate the most interest in different global regions. million in 2014 to 59.3

Payments 102

Payments Regional America Marketing 102

CB Insights

APRIL 18, 2019

Earlier this month, news broke that Chinese regulators were considering a ban on cryptocurrency mining (China is currently the world’s largest region for bitcoin mining). Since 2016, blockchain interest in China has skyrocketed — reaching peak news mentions at the end of 2017. Top China-based blockchain companies.

blockchain 59

blockchain Capital Trends Bitcoin 59

PYMNTS

NOVEMBER 14, 2016

The T&E firm said those funds, spent between 2014 and 2016, signal a new sense of confidence businesses have in the on-demand economy, with SMEs leading adoption rates as they look for more flexible corporate travel offerings and as hotel rates continue to rise. Brexit vote.

San Francisco 100

San Francisco Survey Data Security 100

PYMNTS

FEBRUARY 28, 2018

More sellers and products can mean less visibility into what is being listed, thus leading to issues like counterfeit products — or the sale of controlled substances such as health supplements that may not be approved in certain regions. After all, they represent substantial capital investments over the years.

blockchain 100

blockchain System cryptocurrency Regional 100

PYMNTS

JANUARY 31, 2019

The con man pleaded guilty to misrepresenting his company in 2016, then later withdrew his plea and disappeared while on pre-trial release. They’re on the hook with regulators should something go wrong, after all. attorney Ryan Raybould. Such consistency can be difficult to achieve, though, especially for smaller operations.

Tennessee 108

Tennessee social media Fraud Guidelines 108

PYMNTS

JANUARY 9, 2018

As the community banking sector explores how to address the FinTech competitive threat, they’re also facing headwinds from regulators. We believe Congress should develop common sense reforms for community, mid-size and regional banks, which would help empower Main Street businesses,” the letter stated. percent.

Community Bank 131

Community Bank Community Fintech Lending 131

Fintech Labs Insights

DECEMBER 15, 2016

In a round led by Flint Capital, digital identity verification technology specialist Socure has raised $13 million in funding. Featuring participation from ff Venture Capital, Santander InnoVentures, and Two Sigma Ventures, this week’s investment takes Socure’s total financing to more than $17 million.

Capital 12

Capital New York Compliance Millennials 12

Jeff For Banks

DECEMBER 12, 2017

Total return includes two components: capital appreciation and dividends. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2016: #1. That got regulator's attention in the form of a May 2011 Consent Order (CO). One in 2016 and one this year. Waterstone Financial, Inc.

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Stripe went on to raise a seed round from Sequoia Capital, Andreessen Horowitz, SV Angel, and PayPal founders Peter Thiel and Elon Musk in 2011.

Online 98

Online Company Retail Payments 98

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

CB Insights

DECEMBER 7, 2017

As of September 2016, that share dropped to 21%. In 2016, non-bank lenders like Quicken Loans accounted for six of the top 10. Quicken Loans founder Dan Gilbert’s innovation in mortgages was to assign regional-specific loan application reviewers, who familiarized themselves with the regulations of certain geographies.

Millennials 69

Millennials Lending United States Technology 69

FICO

FEBRUARY 23, 2017

In my 2017 regulatory predictions post last month, I concluded by saying that the new year would be very different for the financial services industry than 2016. In the first two weeks of the new administration, President Trump took several steps aimed at slowing down as well as scaling back current and future regulations.

FDIC 40

FDIC Regulation United States Tools 40

CB Insights

SEPTEMBER 5, 2018

As a result, a number of mobility startups have emerged, deploying new transportation models that stand to disrupt personal car ownership in dense urban regions, and potentially in more suburban regions moving forward. Investors in Bird’s most recent $300M Series C round in May included Accel, Index Ventures, and Sequoia Capital.

San Francisco 78

San Francisco New York City US Mobile 78

CB Insights

MARCH 6, 2019

Centers for Medicare and Medicaid Services inspected a Theranos laboratory in 2015 and released a letter in January 2016 stating that it violated several clinical standards. Select investors : Amazon, Hummer Winblad Venture Partners, Bowman Capital Management LLC. For Theranos, things spiraled from there. Total funding : $161M.

Report 78

Report San Francisco Capital New York 78

CB Insights

DECEMBER 4, 2019

An RBC Capital Markets report put the average annual sales of an Amazon Go location at about $1.5M. The regions involved in the initial pilot included Colombia, Chile, Hong Kong, Kenya, Indonesia, Malaysia, the Philippines, Peru, Taiwan, and Thailand. As many as 3,000 Amazon Go locations could open by 2021, according to Bloomberg.

Cards 101

Cards Lending Strategy US 101

CB Insights

NOVEMBER 22, 2017

Commercial operation of offshore fish farms has been limited to date due to regulations, as well as the challenges of efficiently operating a large farming operation far from land. Offshore farming regulations are loosening. Offshore fish farming has seen growing interest in the last decade.

Study 45

Study Operations Regulation Regional 45

CB Insights

OCTOBER 26, 2020

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely.

Management 78

Management Capital Company Marketing 78

CB Insights

MAY 23, 2019

Zenefits skirts compliance regulations. Crescent Ridge Capital Partners’ elaborate Ponzi scheme. Zenefits skirts compliance regulations. In addition, regulators claimed that as many as 80% of insurance plans sold in Washington state by Zenefits reps were sold illegally by unlicensed brokers. Table of contents.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

OCTOBER 14, 2016

Since launching Instant Delivery, UberEATS has significantly expanded from allowing people in downtown to pick four to five meals during the lunch hour to offering thousands of items at all hours of the day and throughout the Puget Sound region. Amex is providing short-term financing, through QuickBooks, to joint clients.

Apple 100

Apple Course Samsung San Francisco 100

Fintech Labs Insights

DECEMBER 14, 2015

Finovate newcomer Capital Preferences and alum WealthForge won second and third place respectively at the UBS Future of Finance Challenge Finals last week. Capital Preferences earned $20,000, and WealthForge won $10,000. Capital Preferences earned $20,000, and WealthForge won $10,000. The first prize winner was awarded $50,000.

Virginia 12

Virginia Capital Conference Regional 12

Jeff For Banks

JANUARY 16, 2016

Into 2016 We Go This is no way to ring in a new year! Its stock markets are said to have led the world markets plunge, with clumsy attempts by their regulators’ circuit breakers to stem declines actually making them worse. Between February and November, 2015, foreign capital was pulled out of the country to the tune of $843 billion.

Community Bank 60

Community Bank Atlanta Data Marketing 60