Abrigo

APRIL 25, 2024

The negative correlation of funded business loans to the Fed funds rate is a staggering 86% as businesses weigh their needs for capital against expensive debt and lenders aim to limit risk. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

Lending 221

Lending Trends Capital Strategy 221

PYMNTS

AUGUST 14, 2020

Alternative-asset manager Brookfield Asset Management said it raised a record $23 billion in Q2 and foresees speeding up the pace of investments in the wake of the pandemic’s disruption. Ron Bloom, who serves as the managing partner and vice chairman of the company’s private equity division, will manage the funds.

Management 131

Management United States Capital Retail 131

PYMNTS

JULY 3, 2020

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. PYMNTS breaks down the companies that did manage to secure funding, below. With a combined $43.3

Capital 161

Capital Fintech Security Operations 161

South State Correspondent

JULY 5, 2022

Many bankers responded that their loan-to-values (LTVs) are low and expect that the secondary source of repayment will protect the bank’s capital. The most simple form of this calculation is the direct capitalization method. in December 2021). Cap rates for all US properties are at an all-time low. Cap Rate and LTV Relationship.

Management 195

Management Capital US Community Bank 195

BankBazaar

JANUARY 31, 2021

The Union Budget 2021-22 came at a time when India is ailing from a COVID-battered economy, and its healthcare infrastructure has been stretched to the limit. in 2021-22. A Unified Securities Market Code to be created, consolidating provisions of the Sebi Act, Depositories Act, and two other laws. Economy and Finance.

Metro 122

Metro Taxes National Survey 122

Abrigo

AUGUST 6, 2021

How can community financial institutions thrive in 2021? Additionally, community financial institutions are more likely to leverage relationship lending to help smaller businesses obtain loans that they might not be able to secure with larger institutions based solely on their financial information. Digitalization. SBA Lending.

Community Bank 195

Community Bank Community Kansas City Lending 195

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. On the next pages, you’ll find our listings of the top-performing community banks of 2021 alongside interviews with some of the winners. Cumberland Security Bank, Inc. First Security Bank of Deer Lodge.

Community Bank 172

Community Bank Community Montana Taxes 172

South State Correspondent

JANUARY 17, 2024

We focused mainly on customer profitability and used risk-adjusted return on capital as a proxy for profitability. As we pointed out, bank management needs to understand how a bank creates franchise value, and one way is to sell more profitable products to more profitable customers. increase in M/B. The answer is – most likely.

Study 195

Study Maine Analytics Capital 195

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Reuters quoted unnamed sources as saying the offering would occur in early 2021, valuing the company at about $30 billion. Connected-economy companies led 2020’s surprisingly successful roster of U.S.

Marketing 198

Marketing Company Online Management 198

BankInovation

AUGUST 19, 2022

Fintech Arc announced Wednesday that it has secured $20 million in a series A funding round. The San Francisco-based startup’s platform gives software-as-a-service startups access to upfront capital and provides a cash management account to store and spend funds.

San Francisco 52

San Francisco Security Fintech Software 52

Jeff For Banks

DECEMBER 29, 2021

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 27, 2021 was 60.4%. Silvergate Capital Corporation (NYSE: SI) #2. Silvergate Capital Corporation (NYSE: SI) Here we are again. Nasdaq: LOB) #3.

Capital 78

Capital Texas Metro North Carolina 78

TrustBank

OCTOBER 21, 2021

Increase in the maximum long-term capital gains rate — The maximum capital gains rate would increase to 25% from the current rate of 20%. The income level that this capital gains rate bracket applies to would be aligned with the new 39.6% 31, 2021, but certain rollover provisions wouldn’t be effective until tax years after Dec.

Taxes 52

Taxes Capital Washington Payments 52

Independent Banker

AUGUST 31, 2021

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. In mid-June 2020, the community bank launched Cross River Digital Ventures, a venture capital arm that invests in fintechs.

Community Bank 196

Community Bank Community National Fresno 196

PYMNTS

NOVEMBER 24, 2020

The combined company, to be led by Metromile CEO Dan Preston , will have a pro forma market capitalization of approximately $1.3 Investors Social Capital, Hudson Structured Capital Management, Miller Value, Clearbridge and Mark Cuban have committed to investing $160 million through a private placement of INSU II Class A common shares.

Arizona 264

Arizona Pennsylvania Capital Washington 264

Bank Activities

JUNE 20, 2022

The $100 million Series B round was led by Mubadala Capital and supported by existing investors, EQT Capital, Partners DST Global, Cherry Ventures, and Felix Capital. The Series A round held in October 2021 secured $52 million from EQT Ventures, and the funds were used for a new product launch.

Security 41

Security Fintech Capital Company 41

Gonzobanker

JANUARY 25, 2023

According to a 2021 Federal Reserve survey , nearly 40% of Americans don’t have the funds to cover an unexpected expense of $400. in October 2021. Act (the SECURE 2.0 The Impact of SECURE 2.0 The Secure 2.0 Financial Institutions’ Response to SECURE 2.0 of 401(k) participants in October 2022, up from 0.3%

Security 78

Security Taxes Tools Marketing 78

PYMNTS

DECEMBER 17, 2020

a South Korean digital bank, has chosen Credit Suisse and KB Investment & Securities as its advisors for its upcoming initial public offering (IPO), Reuters reported. The timing of the IPO hasn't been decided, although Reuters reported that analysts predict it will happen in the second half of 2021. Kakao Bank Corp. , billion).

Samsung 243

Samsung Digital Banking Security Fintech 243

PYMNTS

SEPTEMBER 21, 2020

In today’s top news in digital-first banking, Next Insurance is aiming to raise new capital that would value the FinTech startup at $2.25 Next Insurance Looks To Secure $250M Funding Round To Reach $2.25B Valuation. Alphabet-owned Capital G is reportedly in discussions to head up the $250 million funding round for the insurer.

Resources 223

Resources Capital Fintech Cards 223

CB Insights

NOVEMBER 11, 2021

The round drew participation from Salesforce Ventures, Cowboy Ventures, Leaders Fund, GGV Capital, Alkeon Capital Management, and ICONIQ Growth. California-based Drata helps companies automate their security and compliance processes. The company’s clients include Notion, FullStory, Amplitude, and Abnormal Security.

Compliance 53

Compliance Security California Capital 53

Abrigo

MARCH 13, 2023

Stress testing & deposit strategies in the spotlight The failure of Silicon Valley Bank offers other financial institutions the chance to reassess their approaches to and management of interest rate risk, liquidity risk, and credit risk. Boy, did that impact capital ratios. For SVB, many of their customers didn’t need loans.

Strategy 195

Strategy Lending Security Analysis 195

Cisco

MARCH 24, 2021

Throughout 2021, Cisco Financial Services will continue to examine how ‘Connect, Secure, and Automate’ – our strategy for helping customers accelerate their digital agility – enables financial institutions to deliver digital-first customer engagements that capitalize on a hybrid work operating model.

Compliance 132

Compliance Security Video Meeting 132

CB Insights

OCTOBER 29, 2021

Hyperproof , an enterprise governance, compliance, and risk management technology provider, has raised $16.5M The investor in this round was Toba Capital. The company’s business is expected to grow 400% year-over-year in 2021. in a Series A. HOW’S THE COMPANY PERFORMING? Employee headcount stands at 51.

Risk Management 63

Risk Management Compliance Management Technology 63

PYMNTS

JANUARY 25, 2021

A non-bank ATM operator, Cardtronics also offers managed services and payment processing to banks and merchants. The deal is expected to close in mid-year 2021. BofA Securities is serving as financial advisor to NCR and Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel. NCR paid the termination fee of $32.6

Software 204

Software ATM America Retail 204

PYMNTS

JANUARY 19, 2021

19) that it has finished its sale of Cost Plus World Market (CPWM) to California-based private equity firm Kingswood Capital Management, according to a statement. Riley Securities Inc. The deal had been expected to close prior to the conclusion of Bed Bath & Beyond’s fiscal year end in February 2021.

Marketing 130

Marketing California Branding Capital 130

Bobsguide

JUNE 13, 2022

Murex , the global leader in trading, risk management and processing solutions for capital markets, is thrilled its integrating MX.3 3 platform has topped the IBS Intelligence Sales League Table 2022’s Wholesale Banking | Treasury & Capital Markets category for the fourth year running. in capital markets. 3 platform.

Capital 78

Capital Leadership Risk Management Regional 78

Abrigo

MAY 22, 2024

Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. While small business loans inherently benefit business owners, they also benefit communities, according to 2021 research for the SBA. At the same time, 59% pursued credit to meet operating expenses. economic ecosystem.

Lending 195

Lending St. Louis Community Marketing 195

PYMNTS

OCTOBER 1, 2020

Beyond the particulars of check disbursements or ACHs (and the detailed instructions that accompany any payment between buyer and supplier), Disque said automating payments into enterprise resource planning (ERP) or cash management functions (thus eliminating manual touchpoints) are especially beneficial in a remote working environment.

Capital 193

Capital Payments Cards Groups 193

Abrigo

APRIL 22, 2024

Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. While small business loans inherently benefit business owners, they also benefit communities, according to 2021 research for the SBA. At the same time, 59% pursued credit to meet operating expenses. economic ecosystem.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

MARCH 29, 2019

Equity investments reigned this week, thanks to backing for accounts payable (AP) automation firm MineralTree and treasury management company Kyriba , but it was the logistics market that saw the largest venture capital round — and secured another unicorn for the B2B startup space. CRV, Tenaya Capital and GV also participated.

Capital 134

Capital Management Security Risk Management 134

CB Insights

SEPTEMBER 7, 2021

Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. Custody, wallet, & digital asset services: These companies provide crypto asset storage, security, management, and investment products for institutions and consumers. Category Breakdown.

blockchain 101

blockchain Company cryptocurrency Examples 101

PYMNTS

JANUARY 30, 2021

That was the consolation prize most of us took into 2021 from 2020: Whatever else happens in this still-young year, at least we're all immune to shock. But starting in January of 2021, that enthusiasm began coalescing with a distaste for the large institutional investors, such as hedge funds, which were heavily short on GameStop.

System 300

System Bitcoin Retail Marketing 300

PYMNTS

SEPTEMBER 23, 2020

The virtual card can be a valuable payment solution for the enterprise thanks to the technology's security features and mobility. Fleet managers can send a single-use virtual card to drivers' mobile devices to make payments on the road, with Comdata highlighting the value of digitizing fleet payments.

Cards 219

Cards Mobile Payments Lending 219

Abrigo

OCTOBER 21, 2021

Currently, the Fed is purchasing $40 billion in mortgage-backed securities and $80 billion in Treasury bonds each month. Chairman Powell indicated that this action would likely be tapered in the final quarter of 2021 with a formal announcement expected later this quarter. for August 2021, up 4.3% The PCE price index was up 0.4%

Lending 195

Lending Strategy Trends Marketing 195

Independent Banker

OCTOBER 1, 2022

In fiscal year 2021, Clear Mountain provided about $8 million in total funding for 31 small businesses in its state through the SBA’s guaranteed loan program. The SBA West Virginia District Office named it the West Virginia Community Lender of the Year for 2021. In 2021, the bank was named West Virginia Community Lender of the Year.

West Virginia 91

West Virginia Virginia Community Bank Community 91

Independent Banker

APRIL 30, 2022

Ashley Horner (right), senior vice president and SBA loan administrator, shown with portfolio manager Melanie Elmore, says Summit Bank is on track to make $30 million in SBA loans this year. Number of applications filed to form new businesses in 2021, the most of any year on record. Photo: Jon Christopher Meyers. Quick Stat.

Lending 158

Lending Community St. Louis Community Bank 158

MyBankTracker

DECEMBER 17, 2020

Capital One 360 Market-leading CD rates. Venture Rewards from Capital One Redeem miles for any travel, retroactively. First Progress Platinum Prestige MasterCard Secured Credit Card Great for those with bad credit. Discover it Secured No annual fee. Capital One Secured MasterCard Low security deposit to get started.

ATM 52

ATM Cards FDIC Online 52

Abrigo

JULY 20, 2021

During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp. The change is intended to improve security, integration, reporting features, and validation to improve accuracy. We know 2020 stunk,” he said. “As

Lending 195

Lending FDIC Capital Risk Management 195