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Lending Is Failing To Live Up To 2018’s Great Expectations

PYMNTS

As of early 2018, U.S. regional bank executives were gearing up for a bumper year, according to Bloomberg. It was almost like a dam broke when the tax legislation got enacted,” said Steve Steinour, CEO of Huntington Bancshares Inc. “We BB&T is expecting to see loan growth between 2 to 4 percent in 2018. Bancorp said.

Lending 100
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Financial Brand Forum 2018: 7 Takeaways in 7 Minutes

Gonzobanker

Financial Brand Forum , an exponentially growing event now in its fifth year – targeted at the morphing worlds of financial marketing, sales and service – is a well-oiled machine with several coats of highly buffed wax. Marketing automation provider Marquis and its clients were talking up execution capabilities from its recent DocuMatix.

Branding 127
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First SMB Job Growth Of The Year Recorded In March

PYMNTS

This may be the first sign of tax reform seeping into the small business labor market,” the executive said in a statement. “As As small business owners begin to realize the benefits of tax reform, they will likely translate to better wages and more jobs. percent increase in hiring activity in March.

Taxes 141
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Revolut Taps JPMC To Raise $1.5B For Global Expansion

PYMNTS

Late last month the company announced it was expanding its partnership with Visa to include five new regions in 24 markets including Canada, Japan, Singapore and the U.S. bringing Revolut’s total global footprint to 56 markets. banking licence. But despite its growth, the company has not turned a profit.

Taxes 163
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Mastercard Tops 20174Q Views on Robust Cross-Border Transactions

PYMNTS

tax laws had on other firms recently reporting results, Mastercard put up numbers Thursday (Feb. Excluding the aforementioned tax impact, earnings per share came in at $1.14, two pennies better than Wall Street expectations. As for its own tax savings, the company will use at least part of the money to boost financial inclusion.

Taxes 100
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Virtual Mall Platform Finds Traction

PYMNTS

But a new eCommerce platform coming out of the Alibaba Group in Southeast Asia is bringing a unique business model to malls in that region, one that could provide a blueprint for struggling U.S. Its virtual mall solution is called LazMall , which was launched in August 2018. shopping destinations.

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Might Millennials’ Dissatisfaction Hint At Housing Downturn To Come?

PYMNTS

Remember that a big chunk of buying power is concentrated in this generation’s collective wallet, and that if older generations start to unload housing, those homes would presumably stay on the market unless younger buyers — you know, the ones with new jobs and new families — come in to snap them up. PayPal Lending: Takes off in the U.K. ,