Gonzobanker

DECEMBER 22, 2020

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Sit back and enjoy our take on the best and worst of banking in 2020 as you celebrate the holidays. Most Oft-Heard Statements of 2020. Kudos to blazing new trails that many institutions are taking on in 2020.

Idaho 183

Idaho Community Industry Strategy 183

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. Asia Capital & Advisors led the round, reports said, while Global eTrade Services and Curzon Investments also participated. Apollo Agriculture.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

JANUARY 12, 2021

German food delivery platform Delivery Hero is launching its own early-stage venture capital (VC) firm — DX Ventures — that will be managed independently to focus on advancing founder-led startups. Delivery Hero operates in 50 countries in over 700 cities across Asia, Europe, Latin America, the Middle East and North Africa.

Capital 151

Capital America Strategy Management 151

Perficient

FEBRUARY 16, 2021

In 2020, the Federal Reserve found that large banks were generally well-capitalized under a range of hypothetical events. The Fed’s Comprehensive Capital Analysis and Review (“CCAR”) stress tests are designed to ensure that large banks are able to lend to households and businesses even in a severe recession.

Exercises 309

Exercises Capital Analysis Lending 309

PYMNTS

JANUARY 24, 2020

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. Flutterwave.

Fintech 198

Fintech Capital San Francisco Georgia 198

PYMNTS

OCTOBER 24, 2019

Capital One ’s domestic card business provided strong results and continued to pick up momentum, the bank said on Thursday (October 24). He noted that the company continues to expect that it will complete the exit of our data centers by the end of 2020, which should generate significant cost and efficiency improvements starting in 2021.

Capital 101

Capital Cards Conference Customer Experience 101

PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis.

Capital 298

Capital Regional United States Meeting 298

Perficient

MAY 26, 2021

While Fintech Generations was historically an in-person conference in Charlotte, North Carolina, this year’s event, similar to 2020, will be virtual and is expected to attract more than 1,000 attendees. RevTech Labs alumni have raised over $2 billion in venture capital and have had more than $230 million in company exits.

Fintech 462

Fintech North Carolina Charlotte Conference 462

BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. But they are only one part of operational risk, which includes losses from any kind of business disruption or human error, including power outages or natural disasters.

Operations 87

Operations Policies System Regulation 87

CB Insights

JULY 28, 2020

We combine our deep insurance domain expertise with our technology capabilities to support clients with risk and capital management, strategy and growth, technology, and operational effectiveness and profitability. We have a deep understanding of risk – and all the ways it affects capital and your organization’s financial performance.

Training 90

Training Strategy Capital Maine 90

CB Insights

JULY 8, 2021

The round drew participation from Bain Capital, Seedcamp, Stripes Group, Thrive Capital, Creandum, and Kinnevik. Over the course of 2020, the company’s client base has doubled to 17,000 small and medium enterprises and includes IBDO, Lyst, Byron, and IDC, among others. How’s the company performing?

Capital 79

Capital Company Cards Report 79

Jeff For Banks

NOVEMBER 4, 2022

Source: S&P Capital IQ for Banks-Savings Banks and Credit Unions between $1B-$10B in total assets. Credit Unions held an edge in the Cost of Interest-Bearing Liabilities until 2020 when their cost eclipsed that of Banks-SBs. Retained earnings is their least expensive form of capital. YTD=June 30, 2022.

Operations 78

Operations Analysis Capital Community 78

BankUnderground

APRIL 28, 2023

This post investigates whether large and small banks in the UK and US differ in the cyclical patterns of capital positions and credit provision. The reforms aimed to ensure that banks have sufficient capital resources to absorb losses and reduce the cyclical effects of bank capital (and regulation) on the supply of bank credit in stress.

Capital 78

Capital Lending US Data 78

PYMNTS

JANUARY 22, 2021

Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser.

Nevada 180

Nevada Capital New York Groups 180

PYMNTS

FEBRUARY 1, 2021

SPACs generally operate by raising money through an IPO and then entering into a business combination with a company with existing operations, often through a reverse merger. exchanges in 2020, raising $83 billion. Funds that have expertise in both companies operating in Asia and how U.S.

Capital 198

Capital Taxes Operations America 198

PYMNTS

JANUARY 7, 2021

The discount stores saw big sales gains in fiscal 2020 — and opened lots of new sites despite the pandemic. For example, Dollar General said in releasing its fiscal Q3 earnings last month that it opened 780 new stores, remodeled 1,425 others and relocated 76 during 2020’s first 10 months. Dollar Store Chains Are Expanding .

Capital 235

Capital Course Examples Report 235

Jeff For Banks

DECEMBER 29, 2020

Total return includes two components: capital appreciation and dividends. As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 23, 2020 was 46.3%. First Capital, Inc. Silvergate Capital Corporation (NYSE: SI) Here we are. FS Bancorp, Inc. Nasdaq: FSBW) #2. Nasdaq: FDBC) #3.

North Carolina 147

North Carolina Capital Community Bank Wisconsin 147

PYMNTS

DECEMBER 28, 2020

Consumers, businesses and financial institutions (FIs) cannot wait to bid adieu to 2020, which has been one of the most trying years in recent memory. Vancity said it has agreed to collaborate with North Carolina-based nCino to implement the latter’s Bank Operating System, which will replace its 15-year-old network.

North Carolina 197

North Carolina Houston Fraud Innovation 197

PYMNTS

JANUARY 26, 2021

Hong Kong’s travel and leisure booking platform Klook has closed a $200 million Series E funding round led by Aspex Management , with participation by Sequoia Capital China , SoftBank Vision Fund, Matrix Partners China and Boyu Capital , according to a press release.

Capital 241

Capital Maine Regional Innovation 241

Gonzobanker

JULY 10, 2020

Regardless of their viewpoints on capital recovery, now is the time for banking leaders to reevaluate their planning strategies. In a recent Fortune survey, 55% of corporate executives said they expect to return to 2019 capital spending levels sometime in 2021. What businesses need capital in the interim? Capital will be king!

Risk Management 88

Risk Management Capital Strategy social media 88

PYMNTS

DECEMBER 19, 2019

Well, that is where things get a little bit confusing, Arjun Kakkar, vice president of Strategy and Operations at Ekata , told PYMNTS in a recent interview. And access to capital is a huge resource in early innings because you can build out more and better work through the regulations.”. It was supposed to go into effect on Sept.

Compliance 102

Compliance Regulation Strategy Training 102

PYMNTS

DECEMBER 16, 2020

16) that its total revenues rose 12 percent for Q3 2020 to $29.8 Contribution margin per unit jumped 188 percent to $1,883 in Q3 2020 compared to $655 in Q3 of last year. Consignment-to-retail used vehicle marketplace CarLotz, Inc. said on Wednesday (Dec. million, up from $26.5 The company’s gross profit rose $1.3

Report 208

Report Retail America Operations 208

PYMNTS

DECEMBER 16, 2019

I’ve connected a few of the dots from over the last decade that I believe will shape how the world will evolve in the 2020s, as well as the role of payments in driving that change. 2020 Trendline One: Rapid Acceleration Of Cash To Digital Payments. 2020 Trendline Two: The Rise Of On-Call Commerce.

Payments 180

Payments Innovation Cards Google 180

PYMNTS

JUNE 8, 2020

In February, sources said BinDawood was expected to go public by the end of the first quarter or the beginning of the second quarter of 2020. Founded in 1984, BinDawood operates 73 stores across Saudi Arabia with 10,000 employees. Additionally, it is planning to open 90 stores by the end of 2020. Morgan Chase & Co. ,

Massachusetts 130

Massachusetts Capital Retail Operations 130

Perficient

DECEMBER 14, 2020

Crisis response, maintaining safe and operational working conditions, mitigating supply chain disruptions, maintaining liquidity, and deftly responding to shifts in the market have emerged as key focus areas for all businesses. If your organization is looking to capitalize on cloud technology in 2021, here are a few trends to keep in mind.

Technology 348

Technology Trends Software Resources 348

Gonzobanker

AUGUST 21, 2020

If the first half of 2020 taught financial institutions anything, it’s that they must be nimble enough to adjust to change on short notice. How will our board of directors support critical investments in the face of dwindling profits and shifting capital management priorities? View planning as a continuous conversation.

Software 78

Software Meeting Tools Community Bank 78

Jeff For Banks

FEBRUARY 12, 2024

Raised capital in late 2019. Launched its equipment finance group - 11/2020 3. Agreed to sell 2 branches in weak markets - 12/2020 5/25 Look how much $CFBK accomplished in just over 4 years. (2/2) 14/25 Capital priorities for banks: 1. Use excess capital for acquisitions, business or bank, and share repurchases.

Columbus 112

Columbus Indianapolis Capital Community Bank 112

PYMNTS

JULY 14, 2020

The company, which operates in the U.S., Given the ongoing impacts from COVID-19 and the uncertain global economic conditions, we have continued to focus on preserving capital and maintaining a strong balance sheet.”. billion in fiscal 2020, up from $5.2 Afterpay Ltd. , Total sales were $11.1

Millennials 188

Millennials Capital Trends Report 188

PYMNTS

JUNE 22, 2020

Our cloud-based platform empowered our customers to quickly and safely move their employees to work from home with no disruption to their operations,” nCino Co-founder and CEO Pierre Naudé wrote in a letter to investors announcing the IPO. “We The company’s subscription revenues in fiscal 2020 were $103.3 million, or 74.7 million (70.4

North Carolina 150

North Carolina Capital Software Security 150

PYMNTS

DECEMBER 18, 2020

domestic residential package services, in addition to pricing initiatives throughout all transportation segments, fueled increased operating results. billion in adjusted revenue reported for Q2 fiscal 2020. FedEx reported on Friday (Dec. 18) as part of its Q2 fiscal 2021 earnings that higher volumes in international priority and U.S.

US 262

US Illinois Operations Report 262

PYMNTS

FEBRUARY 10, 2017

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. The country’s “Digital Belgium” initiative is an ongoing effort to bring Belgium into the digital top three of the European Digital Economy and Society Index by the year 2020. environment.

Capital 100

Capital Regional Innovation Fintech 100

Independent Banker

JANUARY 31, 2022

One of the harsh realities revealed by the flood of Paycheck Protection Program (PPP) money distributed in 2020 and 2021 is that many businesses and entrepreneurs in need of small-balance loans fell through the cracks. which operates $12 billion-asset OceanFirst Bank N.A. in Toms River, N.J. saw something similar. in Souderton, Pa.,

Lending 150

Lending Community Community Bank Compliance 150

PYMNTS

DECEMBER 4, 2020

Fitzmaurice added that “the new [pandemic] era of operating a non-optimized back office will affect a business’ ability to make fast decisions, which, as we have seen over the course of the pandemic, is vital, given the difficulties with traditional forecasting techniques. Enterprises have been onto this for a while.

Resources 142

Resources Operations System Capital 142

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

JUNE 18, 2020

million in the first quarter of fiscal year 2020, compared to the same period the previous year. The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. million in the first quarter of 2020 from Q1 2019’s $451.3 million in the first quarter of 2020 from Q1 2019’s $451.3

Branding 141

Branding Report Guidelines Retail 141

PYMNTS

JANUARY 19, 2021

announced that it has completed its sale of Cost Plus World Market (CPWM) to Kingswood Capital Management. Those individuals have expertise in labor and deployment, operations and R&D. percent in 2020 as the coronavirus pandemic depressed key fuel sales and physical retail contracted in general. Bed Bath & Beyond Inc.

Washington 141

Washington Retail Marketing Operations 141

PYMNTS

NOVEMBER 16, 2020

While this partnership model remains popular, market volatility has once again created a need to connect more SMBs to capital as quickly and efficiently as possible. In Canada, one of those alternative players is Thinking Capital. This is a market that's going to be digital-first in the future," he said. The Digital-First Approach.

Lending 289

Lending Technology Capital Meeting 289