CB Insights

APRIL 13, 2017

Check out even more content at Future of Fintech 2017. Aggressive recent government initiatives in India, including bringing more people into a formal ID system (Aadhaar) and increased funding and tax … Continued. Use code “FoFInsights” to get $1000 off your ticket.

Fintech 56

Fintech Taxes Lending Marketing 56

PYMNTS

MARCH 13, 2017

70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey. Nearly a quarter of small businesses said they still use paper forms when filling out taxes. There are so many options available to small businesses today, the executive added. 37 percent of SMEs in the U.K.

Financial Technology 127

Financial Technology Technology social media Taxes 127

PYMNTS

JANUARY 29, 2020

small businesses had sought a loan online, compared to just 19 percent that did so in 2017. As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. ” Knowing Their Options. .

Lending 136

Lending New York Online New Jersey 136

PYMNTS

FEBRUARY 14, 2018

2017 was a transformative year for OnDeck,” CEO Noah Breslow noted at the beginning of his remarks. He reminded investors that the firm, which had a very rocky start in 2017, managed to end the year with its effective interest yield up by over 200 basis points and its net charge-off rate down by over 100 basis points.

Taxes 101

Taxes Lending Risk Management Report 101

PYMNTS

MARCH 2, 2018

and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 ZenBusiness.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

FEBRUARY 8, 2017

The financing will leverage New Markets Tax Credits (NMTC), alongside private capital, to provide short-term financing to small businesses with competitive rates and flexible terms, the company said. Expect 2017 to be a strong year for loan originations for big banks.”. Its NMTC equity investor is U.S.

Denver 100

Denver Community Lending Taxes 100

PYMNTS

FEBRUARY 20, 2018

The stock market — despite a fairly steepWh correction a week ago — is still well ahead of where it was a year ago and is trending up. Unemployment is at historic lows, wages are rising given the tight labor market and consumer spending has been keeping pace. percent in 2017, its quickest uptick in two years. percent annually.

Lending 105

Lending Cards America New York 105

PYMNTS

FEBRUARY 2, 2018

Today in PYMNTS data, Visa earnings topped expectations, Mastercard saw positive outcomes and Apple underwhelmed market watchers in their recently released earnings reports. billion | Visa’s revenue, according to its most recent earnings report for the first fiscal quarter, which ended in December 2017. Here are the numbers: $4.9

Apple 101

Apple Data Taxes Fintech 101

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. Marketplace lending. According to a Crunchbase article published in February of 2018, investments in blockchain and blockchain-related startups (excluding initial coin offerings, or ICOs) were already 40 percent of what they were in 2017. Honesty is the best policy.

Fintech 183

Fintech blockchain Lending Digital Banking 183

CB Insights

OCTOBER 21, 2018

The market map below categorizes the Fintech 250 companies based on core area of focus. Funding Trends: Since 2017, these 250 private companies have raised $31.85B across 373 deals. This year’s cohort has already seen more mega-rounds in 2018 YTD than 2017’s Fintech 250 list in all of 2017, with 23 mega-rounds investments.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

DECEMBER 27, 2016

economic health will temper in 2017. percent growth for 2017. The post-election sentiment has increased hopes for tax cuts and deregulations, which could lend a kick start to businesses, consumers and, ultimately, the economy. There is much speculation for how the U.S.’ percent growth and 2.1

Indiana 100

Indiana Taxes Lending Company 100

PYMNTS

JANUARY 17, 2019

In the American Payroll Association (APA) 2017 “ Getting Paid In America ” report, researchers emphasized that workers now have control over how their employers compensate them, with demand for digital wages moving paper paychecks out of favor. ” In the U.S., ” In the U.S.,

Capital 173

Capital Tools Survey Management 173

Jeff For Banks

FEBRUARY 1, 2019

After a lengthy stretch of strong economic growth and stock market gains, the inevitable correction arrived with force in the fourth quarter, culminating with a December that can only be described as “tres terrible!” 52% at the end of 2017. A Long, Cold December I could just scream! 19% at year-end, 2018, down from.52%

Marketing 60

Marketing Community Bank Community Risk Management 60

PYMNTS

JANUARY 24, 2017

the lending arm of Ford Motors — announced yesterday (Jan 23) that going forward it will use AutoFi Inc. AutoFi doesn’t underwrite or decide loans on its own — as a marketplace for lending, it allows auto dealers to select banks, credit unions or alt lenders to pitch to prospective car buyers. Ford Motor Credit Co. —

Online 100

Online Lending New York Taxes 100

PYMNTS

DECEMBER 28, 2018

There were plenty of tailwinds that pushed the segment forward: A strong economy, healthy consumer interest in credit and advances in credit scoring technology were all instrumental in pushing more consumers into the market, particularly in the first half of the year. percent between the end of 2017 and the middle of 2018.

Millennials 145

Millennials Lending System Data 145

PYMNTS

FEBRUARY 12, 2018

Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008. billion at the start of the year — to $18 billion in September 2017. Data Doubletalk.

Big Data 135

Big Data Data Retail Marketing 135

PYMNTS

MAY 15, 2017

First Data CEO, Frank Bisignano, noted in the wake of First Data’s earnings release this week that the company remains on track to meet its guidance for 2017 and that he is “confident that the current weakness is transitory.”. market, focusing on firms that use First Data’s Clover platform. So what did we learn this week?

Data 100

Data America Taxes Cards 100

PYMNTS

AUGUST 4, 2016

With its stock value up 10 percent in after hours trading – Square has managed to please investors with losses smaller than expected, growing payments volumes and continuing signs of strength emanating from from its lending platform for small business, Square Capital. Lending’s Continue March Forward. Getting Back With Starbucks?

Lending 100

Lending Capital Payments Taxes 100

PYMNTS

JUNE 26, 2018

We’ve been really studying this [instant payments] marketplace since 2017,” Sheth told Karen Webster, “and even though we’ve focused on solving for very specific use cases we’re seeing even wider ground where instant payout solutions make a lot of sense.”. A set of needs, Sheth told Webster, that can vary widely and unexpectedly.

Data 130

Data Taxes Payments System 130

PYMNTS

JULY 7, 2018

From concept to its launch in January of 2018, Amazon Go took five years to make it to market with its first location, found on the ground floor of the firm’s new headquarters. According to its internal numbers, Lyft now controls 35 percent of the national ridesharing market, up from 20 percent 18 months ago. Bixby Gets Sporty.

Samsung 110

Samsung Payments Seattle Google 110

CB Insights

FEBRUARY 13, 2020

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Market opportunity. Business lending and corporate cards. Stripe is ramping up its private market investments. Expansion into emerging markets.

Online 98

Online Company Retail Payments 98

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Since 2017, ROAE has grown from 7% to approximately 20% and ROAA has increased from.82% We salute a legend of lending and credit union leadership.

Fintech 143

Fintech Strategy Leadership Lending 143

Fintech Labs Insights

JANUARY 11, 2017

In what The New York Times is calling The Great AI Awakening and Forbes has dubbed The Year of AI , 2017 is shaping up to be obsessively focused on artificial intelligence, a field that has been around for awhile (remember playing checkers against a computer?) but has finally matured to the point of usefulness. Customer service.

Fintech 12

Fintech Compliance Examples San Francisco 12

CB Insights

NOVEMBER 5, 2019

In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap. of the market, respectively. One area where Ant has ingrained itself into the daily lives of its younger users is in short-term installment lending. billion yuan).

Fintech 51

Fintech social media Analysis Marketing 51

BankUnderground

JULY 17, 2020

Monetary policy is in transition towards a more market-based system, but continues to operate via both prices (a range of interest rates) and quantities (the levels of credit and liquidity). In contrast, the more material loosening in 2015 reflected significant cuts to the benchmark lending rate and the seven-day reverse repo rate.

Policies 74

Policies Taxes Study Lending 74

Lex Sokolin

DECEMBER 25, 2019

Ethereum’s decentralized lending and trading are floating around 2,500 daily users. The lending product above is a bit more complicated. Other things like Compound are essentially a securities lending marketplace?—?you Nothing like some good old financial engineering to lever up a small market!

blockchain 52

blockchain Bitcoin Software Lending 52

PYMNTS

SEPTEMBER 9, 2016

But the town is also demonstrating its versatility as the end of banking secrecy, and new tax reforms are threatening its economy. by the end of 2017, not to mention the uncertainty associated with the presidential election. Other factors are a potential recession in Europe and Asia and low policy rates among central banks.

Bitcoin 100

Bitcoin cryptocurrency Security Taxes 100

Jeff For Banks

OCTOBER 23, 2017

In February 2017, the Company merged United Bank, First Citizens, Citizens Northern, and FCB Services, Inc. (“FCB In their Annual Report, the Company disclosed its CRE underwriting criteria as follows: Commercial Real Estate ‘Commercial real estate lending made up 41% of the loan portfolio at year-end 2016.

Kentucky 66

Kentucky Analysis Capital Lending 66

Independent Banker

JANUARY 31, 2022

Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon. Some clients who have relationships with ANB have expanded their businesses into downstate markets.

Texas 182

Texas San Antonio Community Bank Community 182

PYMNTS

DECEMBER 19, 2016

16) said Lendingkart will offer its credit risk assessment technology to banks and other alt-lenders starting in 2017. According to Lendingkart Cofounder Harshvardhan Lunia, the company will look to expand its reach in the SME lending market over the next six months by having other banks use its credit risk analytics software.

Lending 100

Lending Analytics Taxes Capital 100

CB Insights

OCTOBER 10, 2018

Incumbents are not standing still and are acting to protect their market share. Table of contents: Market map: the startups disrupting retail & commercial banking. Market Map: The Startups Disrupting Retail & Commercial Banking. While these customers may be easier to acquire, they are tougher to monetize. Key takeaways.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

NOVEMBER 14, 2018

On November 14th 2017, the price of bitcoin was a little over $6,500 — a bit more than it is today at $6,300. Even though Bitcoin’s mid-November price this year is similar to last year’s, it is pretty unlikely that 2018 will see a repeat of what happened in 2017 as November and then December wore on.

Bitcoin 108

Bitcoin Lending cryptocurrency Taxes 108

PYMNTS

JANUARY 22, 2018

This week’s B2B Data Digest offers a quick skim of the flurry of earnings data coming out of the corporate banking, finance and technology market. On the whole, numbers are good – better than good, in some cases – creating a stock market rally as the Dow surpassed 26,000 last week. billion tax charge. Bank of America.

Taxes 115

Taxes America Data Report 115

Fintech Labs Insights

FEBRUARY 14, 2017

P2P lending. According to the fintech-ers in the audience, P2P lending is ice cold! As with the wealthtech sector, biometric authentication has had a lot of new players enter into the market since it first appeared circa 2013. Rank: frozen tundra. Mobile Wallets. This was a close call for the lowest trending topic of the night.

Fintech 17

Fintech Trends Lending blockchain 17

Fintech Labs Insights

JANUARY 8, 2017

House of Fraser currently offers consumers credit and loyalty cards; it said it will detail how it will use its new relationship with Tandem in the first half of 2017. British Business Bank (BBB) gave UK P2P lender, Funding Circle, another $42 (£40) million to lend to small businesses.

Fintech 12

Fintech blockchain Technology Lending 12

CB Insights

SEPTEMBER 10, 2019

Being comfortable with the idea of alternative financial systems has opened the door to a variety of innovations, from alternative investment vehicles like cryptocurrency to point-of-sale lending alternatives. The average millennial student debt load was $10,600 as of 2017 — about 2X more than what was owed by Gen X in 2004.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

SEPTEMBER 29, 2016

When the vote came down, Bion decided against implementing the arm as it would limit the ability to reach his market of 500 million. As for politicians and the government side of things, Prime Minister Theresa May said she won’t start the process of Britain’s exit until 2017. He said he thought it was likely the U.K.

Industry 100

Industry Examples Survey Report 100