PYMNTS

JANUARY 16, 2020

The Chinese financial services company — spun off from Alibaba, which has a 33 percent stake — was last valued at $150 billion in a 2018 fundraising round. Credit Suisse and China International Capital Corp are both reportedly in talks with Ant Financial as the groundwork begins, sources told the news outlet. .

Taxes 131

Taxes Groups Lending Capital 131

Jeff For Banks

JULY 19, 2020

Excess Capital 3. In 2018, I searched for individual financial institutions that met each of these criteria. I defined excess capital as top quartile tangible equity to assets for the most recent year ended 2019. SBA Lending. However, there is a reason why this type of business lending comes with a guarantee from the SBA.

Lending 109

Lending Capital California Taxes 109

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 Alternative Lending. A report released this week found startups across the U.S., Blockchain.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

JANUARY 7, 2019

Reuters, citing the official China newspaper, reported financial institutions are being called on to provide increased support for private companies and will have the ability to use financial tools including bonds and bank lending. That, noted the report, will provide around $116 billion in new cash banks can use to lend.

Lending 129

Lending Taxes Study Report 129

Accenture

MAY 30, 2019

Loss rates increased slightly YoY, and issuer after-tax returns are strong for those that report. Banks appear optimistic about the economic outlook but expect more moderate growth than 2018. Chase, Capital One and Synchrony continue to lead issuers with purchase volume growth of over 8 percent YoY?. Key themes.

Cards 158

Cards US Taxes Apple 158

PYMNTS

APRIL 16, 2019

It also introduces updated requirements, in line with post ‘07-’09 financial crisis levels, for liquidity and capital. Parliament also passed protection for whistleblowers who bring crimes like tax evasion to light. Also, banks will have to hold a minimum amount of funds against lending risks, to increase financial stability.

System 116

System Taxes Regional Google 116

PYMNTS

FEBRUARY 14, 2018

OnDeck noted that figure will likely continue to tick up during 2018, as the Fed is forecast to keep raising short-term interest rates. “To Breslow concluded that while 2017 was all about pulling off a successful reinvention of the firm, 2018 would be about capitalizing on those improvements. The cost of funds rate was 6.5

Taxes 101

Taxes Lending Risk Management Report 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. billion in 2018 growing to $1.1

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

FEBRUARY 2, 2018

In addition, B2B venture capital (VC) went to FinTech firms and underbanked consumers and small businesses (SMBs) experienced banking hurdles. Its results topped expectations, once impacts from recently passed tax legislation were factored out, including a bottom line at $1.08 Here are the numbers: $4.9 Here are the numbers: $4.9

Apple 101

Apple Data Taxes Fintech 101

PYMNTS

FEBRUARY 20, 2018

Late payments and out-and-out defaults and charge-offs are on the rise across a few lending segments. A fair portion of that interest rate, according to the Fed, was an uptick in mortgage lending. percent in 2018 — up from the 4.32 Student Lending. Rising Consumer Debt. Credit Card Troubles. percent previously forecasted.

Lending 105

Lending Cards America New York 105

PYMNTS

JANUARY 17, 2019

As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. Employees and a shifting talent landscape have introduced the demand for payroll flexibility. ” In the U.S.,

Capital 173

Capital Tools Survey Management 173

PYMNTS

APRIL 30, 2018

Fifty-four percent of small business owners say they are optimistic about the national economy , found Bank of America’s 2018 Business Advantage Small Business Owner Report. More than 90 percent of survey respondents said they feel the government did not adequately prepare the small business community for the new tax code.

Taxes 144

Taxes America National Community 144

PYMNTS

DECEMBER 28, 2018

Charles Dickens’ famous starter to A Tale of Two Cities , as it turns out, is a pretty good way to sum up the year 2018 from the view of the alternative financial services segment. However, as 2018 wore on, headwinds started to blow back on the segment, most especially in the form of rising interest rates.

Millennials 145

Millennials Lending System Data 145

PYMNTS

NOVEMBER 6, 2018

Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. Dr. Jonathan Mordis, PharmD, CPh, VP of business development at Corporate Capital Direct unit Rx Fund Assist , pointed to one of the root causes of cash flow pain for independent pharmacy owners.

Capital 130

Capital Iowa Management Community 130

Abrigo

JUNE 4, 2019

How will CECL impact GAAP and regulatory capital? A final rule modifying regulatory capital rules was approved in December 2018. The sum of these differences (net of applicable income taxes) is the “cumulative-effect adjustment” as of the effective date of the new credit losses standard. the incurred loss method).

Policies 186

Policies Capital Report FDIC 186

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. Business lending and corporate cards. Most recently, Stripe has launched a Corporate Card and a Lending product geared towards small businesses.

Online 98

Online Company Retail Payments 98

CB Insights

NOVEMBER 21, 2019

Canadian VC-backed companies saw funding drop 13% in H1 2019 compared to H1 2018. Qualifying top five venture capital investors (e.g. venture capital, growth equity, and super angel) and corporates (e.g. Capital markets. or (2) leverage technology to provide lending products directly to end-users. Real estate.

Fintech 93

Fintech Marketing US Technology 93

Abrigo

JANUARY 29, 2020

Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. FDIC) issued an advisory to financial institutions encouraging exceptionally safe and sound lending practices in agricultural lending.

Lending 195

Lending How To FDIC Survey 195

CB Insights

NOVEMBER 5, 2019

Both Ant and Tencent have converged on a growth playbook that focuses on converting their massive audiences of digital payments users into consumers of financial services across lending, wealth management, insurance, and credit scoring. Making virtual credit a part of everyday life. In July 2019, premium sales exceeded $83M.

Fintech 51

Fintech social media Analysis Marketing 51

CB Insights

OCTOBER 10, 2018

Both have access to significant financial capital to scale far beyond what’s available to even well-funded startup challengers. Investors are ramping up investment: In the first 10 months of 2018, this cohort has seen investors participate in 53 investments worth $1.72B, representing 57% of the $3B raised in the last 5 years.

Retail 78

Retail Cards Millennials Mobile 78

Abrigo

JUNE 29, 2022

farmers is even more unpredictable than in recent years, so financial institutions will want to keep a close eye on the agricultural sector -- both to protect ag lending portfolios and tap into ag loan growth opportunities. This year, direct payments were expected to be around 2%, which is closer to the 2015-2018 average of about 3%.

Kansas City 195

Kansas City Kansas Lending Oklahoma 195

Gonzobanker

DECEMBER 19, 2017

Here’s hoping a final remodel of the stage coach occurs in 2018. The Get Outta Dodge (and Focus) Award – Goes to Capital One for exiting a significant mortgage business to focus on cards and direct banking. The Real “Lending” Stock Award – Goes to longtime player LendingTree. Executioner’s Tax (Swing of the Ax) – Power Trip.

Conference 101

Conference Industry Community Bank Community 101

PYMNTS

NOVEMBER 14, 2018

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. At its lowest point the price of bitcoin dipped below $6,000 in June — but its price has been between $6,000 and $7,000 for most of the fall 2018.

Bitcoin 108

Bitcoin Lending cryptocurrency Taxes 108

CB Insights

SEPTEMBER 10, 2019

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. Borrowing: Credit-shy millennials embrace PoS lending.

Millennials 77

Millennials Mobile Lending Cards 77

CB Insights

MAY 23, 2019

Crescent Ridge Capital Partners’ elaborate Ponzi scheme. After a comprehensive investigation by the Securities and Exchange Commission, Holmes was banned from the laboratory testing industry for two years and was ultimately charged with wire fraud by the Department of Justice in summer 2018. Bouxtie’s broken promises.

Fraud 78

Fraud Las Vegas Company Video 78

CB Insights

OCTOBER 29, 2018

The housing bubble bursting that same year had the opposite effect and various penalties and real estate losses relating to Countrywide’s lending practices ended up costing BofA about $40B, all told. Sears declared bankruptcy in October 2018. In 2007, Daimler sold off 80% of Chrysler to Cerberus Capital Management for $7B.

Google 76

Google Software Innovation Company 76

Gonzobanker

DECEMBER 20, 2018

GonzoBankers, 2018 has been a troublesome year. about the best and worst in banking for 2018 and get fired up to start again in ’19. Ladies and gentlemen, we bring you the 2018 GonzoBanker Awards ! Although all banks faced stock headwinds in 2018, we give the nod to William Demchak at PNC Financial Services.

Fintech 105

Fintech Conference Innovation Community 105

Fintech Labs Insights

NOVEMBER 22, 2021

2018 round. Nov 2018 transaction. Sub-Category. 5 Nov 2021. 5 Nov 2021. Ant Technology. 5 Nov 2021. 5 Nov 2021. Netherlands. 5 Nov 2021. June 2021 round. 5 Nov 2021. 5 Nov 2021. July 2021 round. 5 Nov 2021. 5 Nov 2021. August 2021 exit to Square. 5 Nov 2021. Aug 2021 round. FTX Exchange. Oct 2021 round. 5 Nov 2021. New Zealand.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

NOVEMBER 22, 2021

2018 round. Nov 2018 transaction. Sub-Category. 5 Nov 2021. 5 Nov 2021. Ant Technology. 5 Nov 2021. 5 Nov 2021. Netherlands. 5 Nov 2021. June 2021 round. 5 Nov 2021. 5 Nov 2021. July 2021 round. 5 Nov 2021. 5 Nov 2021. August 2021 exit to Square. 5 Nov 2021. Aug 2021 round. FTX Exchange. Oct 2021 round. 5 Nov 2021. New Zealand.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

JANUARY 21, 2022

2018 round. Value ($B). Value Date. Sub-Category. Ant Technology. August ’21 exit to Square. Aug ’21 round. FTX Exchange. Oct ’21 round. South Korea. Nov ’18 transaction. New Zealand. Accounting. Secondary market May 21. Mar ’21 SPAC (proposed). Dec ’19 round. Wise ( TransferWise ). Aug ’21 round. Payroll/SMB. Oscar Health. Jan ’16 round.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

OCTOBER 19, 2021

2018 round. Nov 2018 transaction. Sub-Category. 9 Sep 2021. 9 Sep 2021. Ant Technology. 9 Sep 2021. 9 Sep 2021. Netherlands. August 2021 exit to Square. 9 Sep 2021. 9 Sep 2021. South Korea. Aug 2021 round. 9 Sep 2021. 9 Sep 2021. 9 Sep 2021. New Zealand. Accounting. 9 Sep 2021. 9 Sep 2021. 9 Sep 2021. April 2021 round. Jan 2016 round.

Fintech 15

Fintech Lending Payments Analytics 15

Fintech Labs Insights

DECEMBER 20, 2021

2018 round. Nov 2018 transaction. Sub-Category. Ant Technology. Mar 2021 round. July 2021 round. August 2021 exit to Square. South Korea. New Zealand. Accounting. Secondary market May 21. Checkout.com. Jan 2021 round. One97 (PayTM). Dec 2021 round. Jan 2016 round. Better.com. May 2021 SPAC annoucement. Dec 2021 round. April 2021 round.

Fintech 15

Fintech Lending Payments Security 15

Gonzobanker

FEBRUARY 7, 2018

Nothing seems to put a bounce in a banker’s step more than a tax break and regulatory relief, and this bountiful energy was radiating at Bank Director’s annual “mecca” for bank M&A in Phoenix last week – Acquire or be Acquired. For those in the know – simply AOBA. The chatter at AOBA centered on three important topics: #1: The Breaks.

Taxes 76

Taxes Video Analytics Arkansas 76

Fintech Labs Insights

SEPTEMBER 13, 2021

. #168t ($1.3B): USA crypto tax software provider TaxBit. 200t ($1B): American lender Octane Lending. 2018 round. Nov 2018 transaction. 180t ($1.1B): Indian crypto exchange CoinDCX. 180t ($1.1B): USA crypto startup MobileCoin. 200t ($1B): Canadian accounting provider Freshbooks. 9 Sep 2021. United States. 9 Sep 2021.

United States 15

United States Fintech Lending Bitcoin 15

PYMNTS

APRIL 9, 2019

Her rise to the position of SBA chief is not expected to disrupt the status quo, but she would step into the seat at a time of broader controversy at the SBA, surrounding its 7(a) small business lending program. percent at the end of the 2018 fiscal year, American Banker reported. Last year, the U.S. ”

Lending 128

Lending Policies US Capital 128

Jeff For Banks

FEBRUARY 3, 2017

Bank lending has not been the catalyst it used to be for improved growth in this recovery compared to prior ones; maybe we can point at regulation after regulation being forced onto banks and higher, more restrictive capital requirements. If bank regulations are lifted, lending and thus growth can improve. and 2018 at 1.8%

Marketing 60

Marketing Taxes Regulation US 60