Independent Banker

NOVEMBER 30, 2022

First National Bank and Black Tech Nation Ventures teamed up to support minority-owned startups in the Pittsburgh community and beyond. Driven by her goal to cultivate a supportive community for diverse tech startups, Kelauni Jasmyn founded the fiscally sponsored nonprofit Black Tech Nation in Pittsburgh in 2018.

Company 110

Company Community National Maryland 110

ABA Community Banking

AUGUST 31, 2020

The post ABA: GSE Capital Re-Proposal Raises New Concerns appeared first on ABA Banking Journal.

Capital 98

Capital Marketing Community Bank Policies 98

PYMNTS

JUNE 18, 2020

as well as Durable Capital Partners LP in addition to current investors, accounts and funds that T. Ellenbogen continued, “More important than ever, DoorDash is innovating on products and services that power local commerce and enhance their larger community including Dashers, customers, and merchants. Rowe Price Associates, Inc.

Capital 141

Capital Community California Maine 141

Jeff For Banks

DECEMBER 13, 2018

Total return includes two components: capital appreciation and dividends. This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. Welcome to the list! #2. Great job! #4.

Oregon 101

Oregon Ohio California Community Bank 101

PYMNTS

FEBRUARY 28, 2020

With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. said the company saw BHL Holdings lead the second Series A funding round, while Nire Capital and existing backers Concentric, Seedcamp and Beazley also participated. Reports in Verdict.co.uk

Fintech 175

Fintech Capital Lending Report 175

PYMNTS

MARCH 12, 2020

The report, which was commissioned by the Government Accountability Office (GAO), found that in 2018, USPS’ retail facilities generated about $10.5 Those facilities accounted for about 15 percent of total fiscal year 2018 revenues and about 7 percent of its total costs. billion in 2018, which was down from €5.6

Retail 169

Retail US Survey Examples 169

PYMNTS

JANUARY 23, 2020

Venture capital firm Canapi Ventures announced $545 million in funding that will serve as its inaugural venture capital funds, gleaned from a sizable investor base. It also counts the American Bankers Association, the Independent Community Bankers Association and several state-banking associations among its financial sources.

Fintech 130

Fintech Capital Software Industry 130

Jeff For Banks

DECEMBER 10, 2023

Total return includes two components: capital appreciation and dividends. I also filtered for anomalies such as recent merger announcements as a seller, turnaround situations (losses suffered from 2018 forward), mutual-to-stock conversions, and penny stocks. Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2.

Fresno 101

Fresno North Carolina Raleigh FDIC 101

PYMNTS

AUGUST 23, 2018

Hitachi Capital Business Finance has found a surge in the portion of small and medium-sized businesses (SMBs) that fear collapse of their firms in the U.K. It’s about double what Hitachi Capital typically finds in the SMB population: Reports said the rate hovered around 4 percent or 5 percent for the last seven quarters.

Capital 100

Capital Community Survey Retail 100

PYMNTS

APRIL 29, 2019

Plus, there is new evidence that the middle-market business community fared particularly well in the first quarter. middle-market in the recently released Golub Capital Altman Index. middle-market in the recently released Golub Capital Altman Index. Beyond the U.S., percent during the first quarter. 4 spots, respectively).

Lending 168

Lending Michigan Community National 168

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. months in the first half of 2018, from 5.6 making it one of the nation’s first new community banks in years.

Marketing 108

Marketing Community Community Bank Industry 108

Independent Banker

JULY 31, 2022

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. from 2016 until its sale in 2018. By Katie Kuehner-Hebert. Name: Locality Bank.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

MARCH 30, 2020

Lightspeed Ventures, iFly.vc, Silicon Valley Bank and Goodwater Capital were participants in the investment, Deal Street Asia reported. Weee, which was started in 2015, began as a community buying platform that received Asian spices and fresh produce, among other items.

Los Angeles 143

Los Angeles San Francisco Sacramento Seattle 143

PYMNTS

JULY 6, 2020

As of July 2018, Greensill has worked with more than 1,000 pharmacies, making over 1.2 Martin Kelsall, director of Primary Care Services at NHSBSA, said in the release that the service lets British pharmacies “be paid in advance for the prescriptions they dispense to provide vital frontline community healthcare.”. billion pounds ($1.5

Payments 150

Payments Analytics America Fintech 150

Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. By Stephanie Vozza. April 2011.

Community Bank 91

Community Bank Community Software New York City 91

PYMNTS

APRIL 10, 2018

Kroger is doubling down on its human capital coming soon — the massive grocery chain has announced it will be hiring some 11,000 employees across its various supermarket brands. That position roster only includes permanent employees — workers brought in as part of a capital improvement project are not counted as part of this tally.

United States 108

United States New York Capital Community 108

PYMNTS

JANUARY 3, 2019

A new study has revealed that retailers will lose around $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023. This is something about which retailers remain undereducated, and has allowed fraudsters to capitalize on relatively low FDP spend,” explained research author Steffen Sorrell in a press release.

Fraud 152

Fraud Study Retail Online 152

PYMNTS

FEBRUARY 19, 2020

Venture capital (VC) and private equity firms, in general, have been investing in FinTech companies for years, and each firm has different specializations. And lately, DadeSystems President and CEO Bill Zayas told PYMNTS, the payments space has become “very attractive to the investment community.”.

Fintech 150

Fintech Trends Capital Payments 150

PYMNTS

DECEMBER 11, 2020

They're also tasked with choosing the best route to obtaining working capital as the number of options grows. From traditional bank loans to alternative financing to other sources of capital like PPP loans , there are many options today, said Puskar. Right now, we've been taking a look at 2018 and 2019 tax returns.

Lending 233

Lending Capital Resources Taxes 233

PYMNTS

NOVEMBER 10, 2020

In early 2018, goodr grew from a small community of runners buying its products to appeal to a larger fanbase. It capitalized on that growth to add new sports, including golf, strength training and biking. The growth spiked traffic and sales, but the company’s conversion rate dropped.

Retail 261

Retail Technology Training Online 261

PYMNTS

MARCH 3, 2020

Its last announcement for fundraising was in 2018 from the venture capital arm of Line. The round also came with participation from Daiwa PI Partners as well as returning investors Asia Growth Fund, Mirae Asset-Naver, and Line Ventures, according to reports. The platform, as of now, teams with “super apps” such as Home Credit and Line.

Groups 130

Groups Comparison Online Community 130

PYMNTS

APRIL 5, 2019

Launched in 2018, the SoLo platform works by examining a user’s banking history, social capital and behavioral data to determine a score. “This integration brings us a step closer to our goal of transforming the lending sector by providing timely access to small loans through everyday mobile users.”.

Lending 167

Lending Survey Course Community 167

Gonzobanker

MAY 4, 2020

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2 customer impact.

Fintech 109

Fintech FDIC Capital Community Bank 109

PYMNTS

NOVEMBER 6, 2018

This kind of small business is a dying breed: recent stats from the RUPRI Center for Rural Health Policy Analysis at the University of Iowa found more than 16 percent of independent pharmacies shuttered their doors between March 2003 and March 2018, according to Washington Post reports. But these business owners need capital to expand.

Capital 130

Capital Iowa Management Community 130

PYMNTS

SEPTEMBER 24, 2018

Their Q3 2018 Private Capital Access Index revealed U.S. They recently released their Small Business Index , which reached its highest level for Q3 2018 in the history of the report. Ninety percent of the more than 1,000 SMBs surveyed said they play a role to support their communities. 53 percent of U.S.

Data 158

Data Lending Survey Community 158

PYMNTS

MARCH 5, 2019

The company ceased operations in late January after laying off 30 percent of its workforce in May 2018. We have also enjoyed giving back to our community through meal kit donations, volunteer service, and so much more.”. That came after it shut down service in Seattle, Los Angels, and New York.

San Francisco 117

San Francisco Los Angeles Capital Seattle 117

PYMNTS

JULY 26, 2018

” Tax reform has received mixed reactions in the business community, with some analysts concluding that the legislation has not yet convinced businesses to boost investment and spend. With the corporate tax rate dropping to 21 percent and the repatriation of overseas capital, companies will have more capital to allocate to acquisitions.

Taxes 100

Taxes Capital Compliance Survey 100

Jeff For Banks

APRIL 30, 2022

Me: Commercial Real Estate loans are the most profitable product in a community bank's arsenal and have been through various interest rate environments. Take a more normal rate scenario at the end of 2018, when FF stood at 2.50%. Bank Senior Lender: Not when you consider the whole relationship. But what of the relationship?

Lending 78

Lending Massachusetts Taxes Community Bank 78

PYMNTS

APRIL 19, 2019

The company is now expanding its solution designed for Access Ventures to other banks, community development financial institutions (CDFIs) and other lenders that work with small to medium-sized businesses (SMBs). Federal Reserve found an increase in small business capital demand in 2018 compared to 2017.

Lending 128

Lending Louisville Kentucky Survey 128

PYMNTS

MARCH 29, 2019

Lyft said it had elevating revenue in its IPO prospectus, but posted a loss of $900 million in 2018. For us, this wasn’t the goal – this is a milestone along the way – but we feel like it helps us with additional access to capital.”. By the end of 2018, Lyft had claimed 39 percent of the ride-hailing market in the U.S. “In

US 108

US Community Software Capital 108

Jeff For Banks

DECEMBER 16, 2022

Total return includes two components: capital appreciation and dividends. Silvergate Capital Corporation (NYSE: SI) #2. The bank consists of two segments: 1) the traditional community bank, and 2) CCBX, which is its Banking as a Service (BaaS) division started in 2018. MetroCity Bankshares, Inc. Nasdaq: MCBS) #3.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

PYMNTS

MARCH 23, 2018

The financial institution (FI) released its latest survey , “The 2017–2018 Treasury Perspectives Survey,” conducted with Strategic Treasurer, on Thursday (March 22). Together, these factors mean that companies could invest more funds, hire employees and generally spend on both their businesses and communities.”.

Taxes 100

Taxes Survey Capital Compliance 100

CB Insights

APRIL 25, 2018

Select investors: F-Prime Capital, FundRx, Optum Ventures. It has a network of practitioners, OB/GYNs, maternity specialists, and a peer-to-peer community for patients. Select investors : Founders Fund, Thrive Capital, SV Angel. Buoy Health. Total disclosed funding : $9M. Maven Clinic. Total disclosed funding : $12M.

Company 49

Company Colorado Mobile New York 49

PYMNTS

MAY 28, 2019

The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others. billion – of funds were lost to card fraud in 2018, up from $1.4 Smartphones contributed one trillion dollars to overall retail sales in the United States during 2018.

Apple 159

Apple Mobile Fraud Branding 159

Accenture

NOVEMBER 28, 2017

With the introduction of the revised payment services directive (PSD2) in January 2018 just around the corner, banks face a new and potentially disruptive era. But in order to capitalize on this in a rapidly changing market landscape, banks need to act now and create their strategy for winning in the era of open banking.

Study 150

Study Millennials Examples Data 150

PYMNTS

JANUARY 16, 2018

The company initially focused on merchant cash advances, but, according to the firm, awareness of the tool — and other types of alternative loan formats — remains low in the SMB community. “We The results are presented directly to the applicant.”. The platform includes local and regional funders, the company noted.

Lending 100

Lending Community Regional National 100

PYMNTS

DECEMBER 18, 2018

Through gpi, SWIFT and its community have managed to radically innovate the very core of correspondent banking, in what has been the biggest innovation in SWIFT’s 40 year history,” said SWIFT Chief Marketing Officer Luc Meurant in a press release providing the business update.

Customer Experience 139

Customer Experience Innovation Payments Community 139