PYMNTS

APRIL 29, 2019

Data from Invoice2go found that sole proprietors and businesses with only a handful of employees showed a weakened performance compared to the same period of 2018, with overall revenue growth rates slowing from 14 percent in 2017 to just 3 percent in 2018. middle-market in the recently released Golub Capital Altman Index.

Lending 168

Lending Michigan Community National 168

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. Still, less than half said they expect their local economies and the national economy to improve in 2018. billion in working capital is on the books for U.K.

Taxes 105

Taxes Survey Capital America 105

PYMNTS

JUNE 16, 2019

According to the National Federation of Independent Business ( NFIB ), six factors in the Small Business Optimism Index improved, three were unchanged, and one fell. Capital spending plans increased along with actual outlays, while expectations for sales, business conditions, and expansion all saw a boost. “The

Capital 102

Capital Taxes National Data 102

PYMNTS

MAY 22, 2019

The online retailer has already been looking to raise capital at a valuation of about $2 billion, and the acquisition of ShopClues could help its funding efforts. Both companies already have a common investor: venture capital firm Nexus Venture Partners. As of 2018, Snapdeal had a market share of 1.9 percent.

Meeting 116

Meeting Capital Policies Compliance 116

Independent Banker

JULY 31, 2022

Locality Bank, a digital-first community bank serving south Florida that opened in January, is run by industry veterans with such successful track records that regulators signed off on their application for a charter in less than a year. from 2016 until its sale in 2018. Location: Fort Lauderdale, Fla. Built on a solid foundation.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

NOVEMBER 5, 2018

The banks that are affected have $100 billion to $700 billion in assets, a tier that includes companies such as Capital One and U.S. In the realm of PSD2, the National Law Review and other legal publications reported last week that the Dutch Supervisory Authority has adopted guidelines tied to the Payment Service Directive.

Regulation 128

Regulation Guidelines New York Groups 128

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

PYMNTS

MARCH 5, 2018

In spring 2018, participating U.S. This new round of capital will help us further our mission of connecting communities around the world through last-mile delivery,” CEO Tony Xu said. SoftBank Group led the round, along with participation from GIC, Wellcome Trust and Sequoia Capital.

Regulation 108

Regulation Data Regional America 108

PYMNTS

JANUARY 28, 2019

Capital One’s Earnings Flub. Though Capital One had lots of positive forward-looking statements to make after releasing its Q4 earnings information last week, its stock sank as what investors and analysts most noted was that the bank missed on both earnings and revenue. billion expected by analysts. billion, an increase of $5.7

Video 128

Video Data Google Cards 128

PYMNTS

JANUARY 18, 2018

Dombert was openly critical of the People’s Bank of China’s “somewhat difficult to predict changes in regulation, and the perceived high degree in political interference in the Rmb price formation.” As a result, he explained, foreign investors have a lack of trust in the system.

System 100

System Operations Policies National 100

PYMNTS

OCTOBER 21, 2016

Banks may not like it, but the demand is here for faster payments — from businesses, consumers and regulators alike. While they’re apprehensive about the technology, financial institutions are facing pressure to adopt real-time payments capabilities to meet that demand and to comply with new regulations.

Payments 100

Payments Regulation Compliance National 100

PYMNTS

JANUARY 8, 2019

Singtel’s Dash is bringing remittance services to Myanmar by teaming up with the United Nation’s Capital Development Fund (UNCDF), the company said in an announcement. In addition, the company reportedly plans to buy back some of its stock “subject to the rules and regulations of the SEC,” according to the report.

Regional 128

Regional blockchain Mobile United States 128

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and finance experts are celebrating with new data on the state of the entrepreneurial community.

Taxes 144

Taxes America National Community 144

PYMNTS

MARCH 12, 2019

Alternative lenders position themselves as faster, technologically-savvy options for small to medium-size businesses (SMBs) that seek capital, while many of the FinServ providers in the running for RBS funds operate as digital-first companies ready to meet small firms’ need for automation, online platforms and cutting-edge banking services.

Metro 139

Metro Community Industry National 139

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

JUNE 21, 2019

In fact, CU interest rates are capped by federal regulations. Roosevelt in 1934, gave the National Credit Union Administration (NCUA) the authority to set maximum credit union interest rates. It was set at 15 percent in 1980 and raised to 18 percent in September 2018, but is expected to revert back to the 15 percent in March 2020.

Cards 102

Cards Omaha Minneapolis National 102

Independent Banker

FEBRUARY 28, 2023

He has also served on ICBA’s executive committee for many years, including a term as treasurer from 2016 to 2018. So, he joined a training program at what was then Citizens & Southern National Bank, once the largest bank in the southeastern U.S., for eight years. now part of Bank of America, before moving to Griffin, Ga.,

Community 172

Community Community Bank Georgia San Antonio 172

PYMNTS

JANUARY 31, 2020

Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank’s Adam Kruis, senior vice president and manager of working capital consulting, and Jennifer Swenson, vice president of corporate payment systems, discuss how the bank ensures smooth implementation of virtual card solutions.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

DECEMBER 14, 2018

Among those agencies, alphabetically speaking: the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), the Financial Crimes Enforcement Network (FinCEN) and the National Credit Union Administration.

Compliance 148

Compliance Innovation FDIC Examples 148

BankUnderground

NOVEMBER 2, 2022

They provide the networks for payment, settlement and clearing that connect and ensure the functioning of international capital markets. Visa Europe also experienced a partial service disruption in June 2018 which prevented many cardholders from using their systems for payments. LCH Swapclear regularly clears in excess of US$3.5

Operations 93

Operations Policies System Regulation 93

PYMNTS

AUGUST 6, 2018

Apple got pushed out of the number-two spot in terms of smartphone shipments for the Q2 of 2018, according to market research firm International Data Corporation (IDC). Authorities have reportedly taken notice — regulators in-nation have been moving to limit the markets Ant can pursue. percent decline year over year. “It

Apple 100

Apple Samsung Cards Marketing 100

CB Insights

FEBRUARY 20, 2018

Earlier this year, US regulators blocked what would have been a massive $1.2B Fintech: 2017 Year-in-Review & 2018 Trends. In the briefing we’ll highlight 2017 trends and explore what’s ahead for fintech in 2018, looking across payments, wealth management, insurance, and more.

US 42

US United States Minneapolis Regulation 42

PYMNTS

DECEMBER 6, 2017

That includes the ability of faster payments initiatives to address corporate, cross-border transactions in addition to consumer, national transactions, he said. A small business needs working capital, letters of credit, export insurance logistics, shipping insurance and credit protection.

Payments 183

Payments blockchain Innovation Fintech 183

PYMNTS

FEBRUARY 8, 2018

percent of domestic and cross-border payments in December 2017, SWIFT found, with the company’s Head of Payments Markets, Asia-Pacific, Michael Moon noting, “Experts suggest that capital controls and uncertainties over future regulations mean that a significant reversal of the decline in RMB usage for trade and payments is unlikely in 2018.”.

Innovation 111

Innovation Payments blockchain Analysis 111

CB Insights

DECEMBER 4, 2019

An RBC Capital Markets report put the average annual sales of an Amazon Go location at about $1.5M. In December 2018, Reuters reported that Amazon was looking at airports as a potential Amazon Go partner. In March 2018, Greenlight Financial announced crossing 100,000 customers, growing its customer base 300% since the investment.

Cards 101

Cards Lending Strategy US 101

CB Insights

FEBRUARY 1, 2019

Download the free report to learn about the biggest trends from fintech in 2018 and ones to watch for 2019. Indonesia features the largest ($27B in 2018) and fastest-growing (49% CAGR 2015-2018) internet economy in Southeast Asia, according to a study by Google and Temasek. in loans in 2018 vs. $182M in 2017.

Policies 61

Policies Lending Operations Examples 61

Fintech Labs Insights

SEPTEMBER 21, 2020

Customers: Shell, KLM, United Nations, Toyota, SITA, Lloyds Register and a range of technology startups. Founded: 2018. Making it easier to comply with global regulations. Capital Markets & WealthTech. 10M July 2019 $3M July 2018 $400k Aug 201. Winner: Applied Blockchain. HQ: London. Founded: 2016. Funding: $4.6M

Innovation 15

Innovation Fintech blockchain Capital 15

CFPB Monitor

AUGUST 26, 2019

On Tuesday, the FDIC released a Notice of Proposed Rulemaking (NPR) that outlines anticipated revisions to its regulations regarding interest rate restrictions that apply to less than well capitalized insured depository institutions. Methodology for Calculating National Rate and Rate Cap.

FDIC 60

FDIC National Capital Marketing 60

Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. 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. Hard to imagine a lot of deal signings headed into 2018 – except the IRS, of course.

Conference 90

Conference Industry Community Bank Community 90

CFPB Monitor

MARCH 26, 2020

Financial institutions are cautioned to make loans consistent with safe and sound practices and fair treatment of borrowers and in compliance with applicable statutes and regulations, including consumer protection laws. In May 2018, the OCC issued a bulletin intended to encourage its supervised institutions to offer small-dollar loans.

FDIC 78

FDIC Lending National Examples 78

CB Insights

SEPTEMBER 4, 2018

It was updated and expanded on 5/17/2017 and again on 9/4/2018. At CES 2018, the company finally announced that it would be getting involved in autonomous vehicles through a partnership with Toyota. Hired former Waymo and NASA engineer in June 2018 to head Project Titan. Amazon experimenting with autonomous package delivery.

System 78

System Technology Michigan California 78

PYMNTS

DECEMBER 17, 2018

And over the last six years, the firm has built a fairly large platform for brick-and-mortar liquor stores; as of the closing days of 2018, the app connects around 1,000 stores spread across the United States and Canada. Drizly also faces an increasingly competitive marketplace than when it launched in 2012. “I like our odds.”.

Retail 128

Retail United States Boston System 128

CFPB Monitor

JULY 2, 2019

In April 2011, the CFPB issued guidance indicating that it would not enforce Section 1071 until it issued implementing regulations. While previously classified in the Bureau’s semi-annual rulemaking agendas as a current rulemaking, the Bureau’s Fall 2018 agenda reclassified the Section 1071 rulemaking as a long-term action item.

California 60

California Resources Community Lending 60

Perficient

MAY 21, 2021

Technology Stack: Flask, SQLAlchemy, Bootstrap, ForeignKeys, Jinja | APIs Used: Used data from “California regulations of possibly harmful products”, which was a CSV file. Emily Merline, originally from Milwaukee, WI, attended Arizona State University on a National Merit Scholarship.

Milwaukee 348

Milwaukee Software Course Detroit 348

CB Insights

JANUARY 4, 2018

One of the most notable announcements in 2017 was by AIG, the largest writer by direct premiums of standalone cyber insurance in 2016, which announced that it would add cyber coverage to its commercial casualty insurance in 2018. In other words, AIG would shift away from issuing policies that do not specify whether cyber losses are covered.

Marketing 39

Marketing Policies Risk Management Security 39

CB Insights

FEBRUARY 28, 2019

Brown, instead of managers getting stock options or guaranteed bonuses, every manager got paid $7,800 a year (the equivalent of about $14,500 today), plus “a designated percentage of the profits of the company after these are reduced by a charge for capital employed.”. The result of this type of plan was to make each manager at H.

Omaha 78

Omaha Company Capital Management 78

CB Insights

OCTOBER 2, 2017

In July, Markel acquired publicly-traded “fronting” carrier State National for $919M (or 14.5 times its estimated 2018 earnings). The company says its aiming to launch with its first startup partners in early 2018. Our thoughts are with the victims and families of all those affected. .

Las Vegas 28

Las Vegas National Analytics Comparison 28