Gonzobanker

DECEMBER 19, 2017

Endless CRM and data management projects that shook our foundations and gutted our PMOs. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Payments chaos.

Conference 101

Conference Industry Community Bank Community 101

Abrigo

JULY 20, 2017

Allaboutrisk.com (AAR) recognizes Sageworks as a credit risk vendor in its 2017 Risk Software Report. Relationship Manager. Electronic Tax Return Reader (ETRR). AAR is the global leader for online news, product and innovation information on risk, compliance, and trading. ALLL – Allowance for loan and lease losses. Loan Pricing.

Software 150

Software Report United States Compliance 150

PYMNTS

DECEMBER 18, 2017

According to Patrick Gauthier, vice president and general manager of Amazon Pay, even travel experiences benefit from Alexa’s help. 20,000 | Cryptocurrency bitcoin finally managed to break the barrier after all, reaching a value of more than $20,000 per coin before the end of 2017. Of those, only 3.35 Of those, only 3.35

Bitcoin 100

Bitcoin Data Taxes cryptocurrency 100

CB Insights

DECEMBER 15, 2020

Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. Between 2017 and 2060, it’s expected that approximately $50T will change hands in what will be the largest aggregated transfer of wealth in history.

Management 87

Management Fintech Industry Trends 87

PYMNTS

FEBRUARY 21, 2020

She’s alleging the city profited by that same amount selling medallions and by collecting a 5% tax on third-party transfers. James is alleging that the TLC had a hand in inflating the price of thousands of medallions over a 14-year period, 2004 to 2017, sometimes by more than 200 percent.

Fraud 223

Fraud New York City New York Taxes 223

PYMNTS

OCTOBER 8, 2019

Although hiring slowed in September, small businesses continue to remain optimistic and have even reported some significant benefits resulting from late-2017’s tax reform. 54 percent of SMBs say the Tax Cuts and Jobs Act positively impacted their businesses , new research from the National Federation of Independent Businesses said.

Survey 134

Survey Taxes Data Report 134

PYMNTS

NOVEMBER 7, 2018

Management pointed to tightening credit standards even as rising rates helped boost results, trends that are likely to continue. The legal landscape included class-action lawsuits, and investigations by the Justice Department and the Securities and Exchange Commission. million, beating consensus by about $2.6

Taxes 159

Taxes Management Risk Management Capital 159

PYMNTS

FEBRUARY 16, 2018

tax code will help it post a profit in the not-too-distant future. percent during the fourth quarter of fiscal 2017. The news comes as Sears is commencing private exchange offers for its outstanding unsecured notes due in 2019 and its secured notes due in 2018, according to a filing with the Securities and Exchange Commission (SEC).

Taxes 100

Taxes Branding Security Retail 100

Abrigo

SEPTEMBER 6, 2017

Federal Reserve Small Business Credit Survey The 2016 Small Business Credit Survey from the Federal Reserve states that moving into 2017, small businesses “expressed continued optimism while also reporting trouble making ends meet and accessing credit.” The reason members have joined a credit union is for the relationship,” says Brown.

Survey 150

Survey Taxes Comparison Fintech 150

PYMNTS

FEBRUARY 27, 2019

Even though biometrics offer notable security advantages, they do come with risks. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . A reported 3.6 billion people worldwide will carry digital IDs with embedded biometrics by 2021.

Security 159

Security National Wyoming Idaho 159

PYMNTS

MARCH 22, 2018

Prior to Mastercard, he spent 20 years at Citibank, where he held several leadership positions, including managing parts of Citibank’s Consumer Financial Services business in the United States, Brazil, Puerto Rico and the United Kingdom. At the end of 2017, the cost from the data breach stood at $439 million.

Puerto Rico 101

Puerto Rico United States Leadership Data 101

PYMNTS

JULY 15, 2019

The spokesperson continued, “our Board and management are actively evaluating opportunities to strengthen our balance sheet and ensure the sustainable, long-term growth and success of our business.”. According to previous reports from the outlet, that nearly wiped out earnings prior to tax, interest, amortization and depreciation.

New York City 109

New York City New York Retail Taxes 109

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

Fintech 118

Fintech Capital blockchain Lending 118

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

FICO

DECEMBER 21, 2016

That means 2017 should be a risky year from a compliance standpoint. Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas. Although businesses in tax havens are not necessarily illegal, some of the geographies involved are also hot sites for money laundering. We expect that to change.

Compliance 40

Compliance Analytics Taxes Groups 40

PYMNTS

JANUARY 9, 2019

In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers. McKinsey research , released in 2017, pegged the number of jobs worldwide that could be lost to automation by 2030 at 800 million.

Taxes 179

Taxes Technology Tools Industry 179

PYMNTS

FEBRUARY 6, 2020

There also needs to be a properly managed infrastructure for shipping and handling, for social media marketing. According to Oxford University data, as of 2017, the largest overall supplier of online labor is India, with 24 percent of that global digital workforce. All of this needs to be activated and supported.”.

Regional 154

Regional Marketing social media Online 154

PYMNTS

JANUARY 19, 2017

The FCA regulatory approval will enable us to meet the growing demands of our global partners and clients who require accessibility to efficient fund flows and secure cross-border payments between the U.K. and China.”. “The and China.”.

Payments 100

Payments Meeting Taxes Security 100

Jeff For Banks

FEBRUARY 4, 2023

Additionally, the implementation of new policies by the government, such as changes to taxes and regulations, could also influence economic outlook. Vendor management due diligence, such as "Where can I find third-party reviews on the nCino loan operating system?"; The tool is still new and evolving.

United States 78

United States US Cyber Security Taxes 78

PYMNTS

JUNE 15, 2018

In the Middle East , RAK Bank has said it will offer Sage accounting software to business banking customers, in an agreement that helps those firms manage value-added tax (VAT) compliance mandates. The software firm, Sage, has had five of its accounting offerings focused on VAT, accredited by the UAE Federal Tax Authority.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

DECEMBER 4, 2018

At that time, the business was handling trusts in low-tax locations, including Germany and the Virgin Islands, generating just a tiny portion of Deutsche Bank ‘s overall annual revenue. In October of 2017, it announced a deal to sell the unit to N.T. Butterfield & Son, with the sale completed at the end of March.

Virgin Islands 116

Virgin Islands Taxes Operations America 116

PYMNTS

APRIL 1, 2019

Many marketplaces act as go-betweens for firms looking to hire remote or freelance workers by offering time-tracking options to ensure correct payments, payment transfers in various currencies, communication and collaboration options, tax estimates or compliance help, healthcare options and other work-related issues.

Payments 183

Payments Survey Online Company 183

PYMNTS

FEBRUARY 14, 2019

13), raising new concerns over government spending and the economy’s ability to make up for tax cuts. Academy Securities Head of Macro Strategy Peter Tchir told the publication that an economic downturn may actually see BBB-grade bonds perform better than BB-rated ones.

Taxes 122

Taxes National Marketing Report 122

PYMNTS

JUNE 28, 2016

We’re very excited to announce that Wells Fargo customers will soon have access to real-time P2P payments through our mobile app, which will allow them to securely send and receive money with tens of millions of banking customers across the country, at any time, with immediate funds availability.”.

Mobile 109

Mobile Taxes Payments Security 109

CFPB Monitor

JANUARY 9, 2020

The letter references the 2017 announcement by the United Kingdom’s Financial Conduct Authority (the regulator that oversees the LIBOR panel) that, by the end of 2021, it will discontinue the index. A process and plan for operational readiness, including related accounting, tax and reporting aspects of such transition.

Regulation 78

Regulation New York Management Taxes 78

PYMNTS

JANUARY 31, 2019

billion by 2023 per a study from MarketsandMarkets in 2017. The first payment made through the system at the airport reportedly ooccurred in the tax free mall’s Michael Kors store. With this method, passengers will be quickly and securely able to make payments in their own currency.”.

Cards 108

Cards Operations Payments Taxes 108

PYMNTS

JANUARY 10, 2018

is planning to launch its own cryptocurrency, Kodakcoin, described as “a photocentric cryptocurrency to empower photographers and agencies to take greater control in image rights management.”. Securities and Exchange Commission (SEC) has reportedly blocked trading for UBI Blockchain stock, based in Hong Kong.

blockchain 101

blockchain Nebraska Bitcoin cryptocurrency 101

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. 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. And in 2017, those investments were off-the-charts nuts.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Jeff For Banks

NOVEMBER 1, 2017

Quarterly Financial Markets & Economic Update- October, 2017 I love this time of year. The overall forecast for GDP in 2017 is 2%. They are expected to raise the Fed Funds rate for a third time in 2017 by another 25 basis points in December, 2017. in September, 2017. What else is new? But they won’t stop there.

Marketing 60

Marketing Taxes DC Community Bank 60

PYMNTS

JANUARY 23, 2017

New research from the realms of supply chain management, financial services and SMEs uncovers how businesses today are approaching risk mitigation and which threats are instilling the most fear. The report found that more than half of these breaches (55.5 Sage released the data with a note to policymakers: “Listen up.”

Survey 100

Survey Taxes Groups Analysis 100

PYMNTS

OCTOBER 10, 2017

The 2017 report , released Monday (Oct. For instance, in mature APAC markets, small- and medium-sized businesses (SMBs) are driving digitization of B2B payments through increased use of digital invoices, virtual cards and cloud-based financial management and accounting solutions. Similarly, Asia and Latin America are set to see a 13.2

Payments 124

Payments Regional America Trends 124

CB Insights

OCTOBER 21, 2018

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. Wealth Management. The 2017 Fintech 250. across 4 investments.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

APRIL 21, 2017

Though much attention these days is given to the plight of retail in a digitizing world, in his fireside chat with Karen Webster at Innovation Project (IP) 2017, Paul Galant gave IP delegates a critical retail reality check. It hasn’t suddenly gotten really hard. And for a system that is always evolving. The Changing World.

Retail 103

Retail Innovation Maine Payments 103

Jeff For Banks

DECEMBER 13, 2018

Before we begin and for comparison purposes, here are last year's top five , as measured in December 2017: #1. But once they turned things around they took their deferred tax asset back onto their books and did three acquisition. All of 2017 was $29 million. Old Second Bancorp, Inc. Nasdaq: OSBC) #2. Summit Financial Group, Inc.

Oregon 101

Oregon Ohio California Community Bank 101

Gonzobanker

MAY 31, 2019

billion to small businesses in 2018, up nearly 36% over 2017 and double that of 2016. Institutions are “spreading” financial statements for electronically provided tax returns or financial statements. While online lenders Kabbage and OnDeck lent $2 billion and $2.5 Source: DeBanked ) Square Capital lent about $1.6

Lending 136

Lending Community Bank Community Data 136

PYMNTS

MARCH 22, 2017

Hospitality managers’ main function is to serve as a referee to make sure everyone is playing well together to provide top-notch service at all times. One company that’s looking to help managers stuck in a jam where they need to have a shift filled for a day or two (or sometimes for a few weeks) is Jitjatjo.

Industry 100

Industry Taxes Comparison New York 100

Jeff For Banks

JULY 8, 2017

The Fed has raised rates by 25 basis points twice so far in 2017 and has promised one more increase. trillion in Agency mortgage backed securities. The augmented rate for May, 2017 was 7.5%, compared to the headline rate of 4.3%. million, at the end of May, 2017. They believe that inflation is coming and that is fine.

Marketing 60

Marketing Community Bank Security Data 60