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20 Banking Realities for 2020

Gonzobanker

Well GonzoBankers, the gang is back to work and we are all headed face-first into 2020 – a year with more uncertainty than most about how things will turn out. So, to get your Gonzo executive brains warmed up for a new year, I offer you 20 important banking realities for 2020 to guide your strategic execution efforts: 1.

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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

Four Years Ago It was on March 11 th , four years ago in 2020, that the WHO declared a global pandemic due to the Covid virus threat that originated in China. In the markets, we watched helplessly as real GDP plummeted -5% in 1Q20 and -31% in 2Q20 before rebounding by +33% in 3Q20. This development could give us good news on inflation.

Marketing 146
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MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale

PYMNTS

Chaves also said the company will earmark a percentage of the proceeds to accelerate financial inclusion in the region. billion; first-quarter revenue in 2020 went up 38 percent to $652 million. Its digital ecosystem operates as an integrated regional platform that enables businesses and individuals to trade products and services.

Regional 207
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Adyen Sees Processing Volumes Up 49 Pct.; Gains Traction With Mid-Market Firms 

PYMNTS

22) that showed double-digit percentage gains in volumes, driven by online commerce and increased traction among mid-market firms doing business and taking payments across the globe. Continuing a trend seen in past quarters, volume churn was less than 1 percent, said management. million euros. million euros.

Marketing 167
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TranSwap, Currencycloud Partner For More Flexibility In B2B X-Border Pay

PYMNTS

The press release says businesses will be able to enjoy competitive advantages and manage funding in more efficient ways, and TranSwap aims to get 10,000 new small- to medium-sized businesses (SMBs) using its services by the end of 2020.

Regional 249
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FinTech Nium Moves Into The Middle East

PYMNTS

Ayoub Jemail has been assigned the role of general manager of business development for the region, the company stated in the announcement on its website. FinTech across the Middle East is also set to grow at a compounded annual growth rate of 30 percent, and expected to raise over $2 billion in venture capital funding by 2020.".

Fintech 174
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Retail SMBs Face Up To Q4 Marketing Opportunities

PYMNTS

For retailers, the fourth quarter of 2020 is likely to see a media blitz that will make other years pale in comparison. It’s also an area where the big six or other retailers won’t play this year, focusing instead on regional and national media. Unspent budget from big box retailers will be let loose as early as Oct. Now, the where.

Retail 169