PYMNTS

JULY 19, 2020

Among the problems is a history of bad lending decisions and poor governance, the newspaper reported. Sunil Mehta, CEO of the Indian Banks Association, a Mumbai-based trade association, said he has asked the government to extend tax relief to airlines and others or they will collapse and hurt lenders’ loan books.

Taxes 204

Taxes System Mobile Analysis 204

PYMNTS

DECEMBER 7, 2020

Digital Black Friday sales this year hit $9 billion, a 22 percent increase from 2019 figures, according to recent Adobe research. These merchants are not only selling in their domestic market, but most of these platforms also allow them to sell international," said Pero. "On An Alternative To Banks.

Capital 356

Capital Online Tools Lending 356

PYMNTS

OCTOBER 1, 2020

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. For instance, instant payments are most prevalent in the worlds of wages, insurance disbursements and lending payouts, according to the survey results. percent in 2019 and 9.5

Trends 306

Trends Study Taxes Payments 306

PYMNTS

APRIL 22, 2020

GPay , a member company of the Vietnam investment firm G-Group , joins a tight FinTech market in Vietnam with 33 other firms licensed for intermediary payment services. In 2019, Payme, FinViet, EPay, PayTech, Dibee and Smart Net were granted licenses from Vietnam’s central bank.

Payments 154

Payments social media Groups Taxes 154

PYMNTS

AUGUST 5, 2020

Analysts at Refinitiv, the London-based global provider of financial market data, had predicted a 5 cent loss. The app boasted 30 million users in June — that’s up from 26 million at the close of 2019. In addition, he said tax refunds provided the tailwinds that drove momentum in the Cash App. CNBC reported the company had $1.92

San Francisco 218

San Francisco Capital Taxes Lending 218

PYMNTS

JULY 26, 2020

dollars that does not suffer from the delayed settlement and chargeback issues of traditional payment solutions, or the legal, accounting and tax issues of stablecoins,” the release stated. ”

Wyoming 153

Wyoming cryptocurrency Regulation blockchain 153

Abrigo

FEBRUARY 7, 2020

This morning’s Employment Situation report from the Bureau of Labor Statistics showed decent strength in labor markets. in January of 2019. In January, there were 225,000 new jobs added, significantly higher than the 161,000 jobs predicted. Job gains were strongest in construction, health care, and transportation and warehousing.

Report 195

Report Taxes Data Marketing 195

PYMNTS

DECEMBER 13, 2019

Traditional bank loans remain the undisputed leader in small business lending. by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital.

Capital 132

Capital Lending Strategy Community 132

PYMNTS

JUNE 25, 2018

Alternative small business lender Power2SME says small businesses’ loan payment times doubled overnight following India’s demonetization efforts, highlighting the impact of going cashless on the nation’s entrepreneurs and, consequently, the SMB finance market. “A lot of money went out of the system,” he said.

Taxes 100

Taxes US System National 100

PYMNTS

MARCH 2, 2020

Late payments are a reflection of a broader challenge in B2B payments: Large corporate buyers can wield their market power with small suppliers that lack leverage to negotiate faster payment terms. Sixty-three percent of small business owners taught themselves how to manage invoicing and taxes , a new report from the U.K.

Payments 143

Payments Report Training Regulation 143

PYMNTS

SEPTEMBER 18, 2020

The Chinese retail economy is on the comeback trail, lending optimism to the thinking that the U.S. percent from 2019, while industrial production expanded 5.6 The cuts included tax exemptions, lower bank interest rates and reduced prices for utilities. can follow its model if the pandemic is brought under control.

US 154

US Retail National Industry 154

Jeff For Banks

FEBRUARY 1, 2019

After a lengthy stretch of strong economic growth and stock market gains, the inevitable correction arrived with force in the fourth quarter, culminating with a December that can only be described as “tres terrible!” Most economists and the Federal Reserve expect growth in 2019 will be 2.3% A Long, Cold December I could just scream!

Marketing 60

Marketing Community Bank Community Risk Management 60

Independent Banker

JANUARY 31, 2022

Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon. billion to the state’s GDP in 2019, according to state records. The Houston metro took the 10th spot with a 20.3%

Texas 182

Texas San Antonio Community Bank Community 182

Abrigo

OCTOBER 21, 2019

Today, 73% of all consumer interactions with financial institutions are done digitally , according to the 2019 FIS Performance Against Customer Expectations (PACE) report. However, they’re probably seeing fewer of these customers walking into a physical branch. In other words, building out strategies to balance the two preferences is key.

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

CB Insights

FEBRUARY 13, 2020

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. In August 2019, the company closed out its Series F funding round from Sequoia, Andreessen Horowitz, and General Catalyst at a $35B valuation. Market opportunity.

Online 98

Online Company Retail Payments 98

BankUnderground

JULY 17, 2020

Monetary policy is in transition towards a more market-based system, but continues to operate via both prices (a range of interest rates) and quantities (the levels of credit and liquidity). The MPI suggests that monetary policy loosened between the start of 2018 and late 2019. Chart 1: Broad stance of Chinese policy.

Policies 70

Policies Taxes Study Lending 70

TrustBank

DECEMBER 8, 2022

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. From 1990-2019, US personal saving began to trend lower, averaging only 6.4% This forced banks to renew their focus on middle market commercial banking and consumers.

US 52

US Policies Taxes Washington 52

BankUnderground

JULY 29, 2020

For central banks whose policy rates are already close to zero, Lilley and Rogoff (2020) have recently restated their case for negative policy rates when markets no longer believe that QE is sufficient to maintain inflation at target. Fiscal Policy. A small recent literature studies interactions between fiscal policy and interest rate policy.

Policies 101

Policies Lending System Tools 101

PYMNTS

MAY 6, 2019

Yet, steps to achieve that growth may be difficult, considering the low unemployment and tight labor market, threats of cyberattacks and a continued sentiment that traditional bank financing simply isn’t cutting it for the small business owner. small business. Forty-three percent plan to seek credit.

Survey 115

Survey America Analysis Data 115

CB Insights

NOVEMBER 5, 2019

In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap. of the market, respectively. One area where Ant has ingrained itself into the daily lives of its younger users is in short-term installment lending.

Fintech 51

Fintech social media Analysis Marketing 51

Gonzobanker

DECEMBER 20, 2018

PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. Leveraging the Virtual Wallet brand it built years ago, it will be worth watching how PNC fares in 2019. GonzoBanker of the Year – Mid-Size Banks.

Fintech 105

Fintech Conference Innovation Community 105

Lex Sokolin

DECEMBER 25, 2019

If you read anything but this newsletter, you’ve got to read: Blockchain Capital’s 2019 Year in Review Messari Research Crypto Theses for 2020 DappRadar 2019 dapp Industry Review Decentralized Finance Overview So let’s narrow our entire lens to decentralized finance. The lending product above is a bit more complicated.

blockchain 52

blockchain Bitcoin Software Lending 52

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. The current state of ag borrowing. Learn More.

Lending 195

Lending How To FDIC Survey 195

Jeff For Banks

NOVEMBER 24, 2019

billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. The government guarantee allowed for a secondary market in these loans. Nationwide lending! Keystone expanded its lending to include high loan-to-value mortgages and home equity loans. They kept some.

National 78

National West Virginia Virginia Pennsylvania 78

Abrigo

JUNE 29, 2022

More Unpredictable Than 2019-2021. 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. Stay up to date on the farm outlook and ag lending best practices.

Kansas City 195

Kansas City Kansas Lending Oklahoma 195

PYMNTS

JANUARY 16, 2019

Together, the companies have introduced an automated tax and bookkeeping management solution for small businesses (SMBs) and sole traders using Coconut, including self-employed and freelance professionals. The economics of banking don’t lend themselves well to the bottom 90 percent of the small business market,” he said.

Tools 128

Tools Taxes Management Lending 128

CB Insights

SEPTEMBER 10, 2019

Being comfortable with the idea of alternative financial systems has opened the door to a variety of innovations, from alternative investment vehicles like cryptocurrency to point-of-sale lending alternatives. Borrowing: Credit-shy millennials embrace PoS lending. It had over 2M users as of July 2019.

Millennials 77

Millennials Mobile Lending Cards 77

Fintech Labs Insights

NOVEMBER 22, 2021

Their total market value is now $2.23 Total market value = $2.23 Secondary market May 21. Dec 2019 round. In October, we added 22 new unicorns for a total of 260. trillion, just $20B more than last month (essentially flat). Unicorn count: Beginning (Oct 1) = 238. + 21 born this month (see Table 2, below). + trillion. .

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

NOVEMBER 22, 2021

Their total market value is now $2.23 Total market value = $2.23 Secondary market May 21. Dec 2019 round. In October, we added 22 new unicorns for a total of 260. trillion, just $20B more than last month (essentially flat). Unicorn count: Beginning (Oct 1) = 238. + 21 born this month (see Table 2, below). + trillion. .

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

OCTOBER 19, 2021

Their total market value is now $2.21 Total market value = $2.21 Secondary market May 21. Nov 2019 round. Dec 2019 round. 2019 round (per Fortune). At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). trillion, up $100B from last month. 9 Sep 2021.

Fintech 15

Fintech Lending Payments Analytics 15

Fintech Labs Insights

DECEMBER 20, 2021

Their total market value is now $2.23 Total market value = $2.20 Secondary market May 21. Dec 2019 round. In November, we added 9 new unicorns, and lost 3, for a month-end total of 266. trillion, down $30B from last month (essentially flat). Unicorn count: Beginning (Nov 1) = 260. + 3 fell below $1B valuation. _.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

JANUARY 21, 2022

Their total market value is now $2.1 Total market value. Secondary market May 21. At FintechLab s we maintain a list of 21st-century fintech unicorns* updated constantly ( current list here ). In December, we added 7 new unicorns for a month-end total of 273. trillion, down $110B from last month. Total (Dec 31) = 273.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

SEPTEMBER 13, 2021

Their total market value is now $2.1 Total market value = $2.11 168t ($1.3B): USA crypto tax software provider TaxBit. 200t ($1B): American lender Octane Lending. 168t ($1.3B): USA crypto tax software provider TaxBit. 200t ($1B): American lender Octane Lending. Nov 2019 round. Dec 2019 round.

United States 15

United States Fintech Lending Bitcoin 15

CB Insights

MAY 23, 2019

LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption. Mozido had ambitious plans to revolutionize mobile payments in key markets including India, Africa, and southeast Asia. Total Funding: $263M. The Outcome.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

DECEMBER 11, 2019

Most auto manufacturers make 50 state models of the cars they sell — which means California’s emissions standards often become the de facto standard for new vehicles built and brought to market. is created in the economy in the form of new wages, new spending and additional tax revenue. Read more in “Accelerating Opportunity.”

California 131

California District of Columbia Lending Taxes 131

PYMNTS

APRIL 13, 2020

We go into the market every 10 days to see what has changed, quite literally, week to week. The 67 percent of Main Street SMBs who told us on March 24 that they expected their business performance to be the same or better in 2020 than in 2019 found their businesses nearly 100 percent supply and demand constrained.

Maine 288

Maine Study Operations Retail 288

PYMNTS

SEPTEMBER 18, 2018

Because the mortgage system – largely built around the qualified standards that require proof of steady, long-term employment backed by W2s and tax forms – doesn’t necessarily mesh with the professional lives of gig and self-employed workers. The problem, lenders note, is one of overcorrection in the market.

Taxes 167

Taxes System Washington Regulation 167