PYMNTS

NOVEMBER 11, 2019

lender HSBC made progress in the launch of its digital banking platform for small businesses, Kinetic, which is now operating in beta phase, Reuters reported on Monday (Nov. The bank also plans to expand Kinetic into new geographic markets. where the FI’s losses were greatest.

Digital Banking 105

Digital Banking Taxes Analytics Analysis 105

Abrigo

NOVEMBER 13, 2023

However, in a recent poll, 47% of banks reported that they require annual review for all loans above a certain threshold, while 54% of banks perform a full-blown analysis—as if underwriting new money—during an annual review. Perform documentation in a centralized operations function so controls are in place to generate exceptions.

Analysis 195

Analysis Lending System Survey 195

Abrigo

FEBRUARY 10, 2021

“It’s important to know the long-term pros and cons, and the unintended consequences so that everyone walks away educated not only on what these opportunities bring, but also on what the impacts could be on the operation and long-term land values,” he says. Market experience Know the land values. keep me informed.

Lending 195

Lending West Virginia Resources Operations 195

Abrigo

MARCH 13, 2024

No, it’s the current situation in the commercial real estate (CRE) market tied to the threat that distressed and problem CRE loans pose to investors, banks and credit unions, and the economy at large. The bank or credit union can even lose the collateral (in the event of a tax deed sale or casualty event with no insurance coverage).

Strategy 221

Strategy Course Meeting Taxes 221

PYMNTS

NOVEMBER 19, 2019

The compliance burden of a legal marijuana business having to manage regulations that vary by state, and between the state and federal level, has created a banking conundrum for a market forced to rely heavily on cash. But the compliance challenges associated with this market are not easily (or quickly) addressed.

Company 109

Company Compliance Payments Taxes 109

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. “Some observers will define the market as $10 million in the top line to $1 billion.

Management 116

Management Compliance Taxes Marketing 116

Abrigo

MAY 30, 2017

For one thing, there is a limited number of qualified loan officers and credit analysts on the market, especially seasoned bankers that have the skills needed in a rapidly growing institution. Likewise, Credit Analysts are best deployed on the analysis of borrower financials, not manually keying in data or double-checking for errors.

Technology 150

Technology Community Bank Lending Community 150

PYMNTS

SEPTEMBER 18, 2019

In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions. The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S.

Fintech 144

Fintech Payments Meeting Capital 144

PYMNTS

JUNE 23, 2017

According to a Bloomberg analysis of Alibaba’s recent filing, Ant Financial saw a 86 percent jump in pre-tax profit to $814 million in the fiscal year that ended in March. Ant Financial operates Alipay, the popular mobile payments service in China. trillion mobile payments market in China.

Mobile 115

Mobile Taxes Analysis Payments 115

PYMNTS

MAY 23, 2017

Analysis published Monday (May 22) from ratings agency Fitch concluded that the potential for a spike in trade protectionism is a significant risk to the global economy. “A Technology continues to break down barriers between cultures, and businesses are continuing to look abroad to access new markets and expand their customer base.”.

US 100

US Compliance Taxes Trends 100

Jeff For Banks

JUNE 10, 2022

Prior to starting Mendon he worked for Tucker Anthony Capital Markets working in the banking sector, and before that worked in Structured Derivates at Chase Manhattan. Another that operates above a 15% ROE operates in a state that investors hate and therefore won't buy the stock much above 115% of tangible book value.

Conference 78

Conference Taxes Strategy Community Bank 78

BankUnderground

NOVEMBER 16, 2023

Consistent with previous analysis of aggregate incomes , price indices and business surveys , we find no evidence of a rise in overall profits in the UK – prices have gone up alongside wages, salaries and other input costs. The profit measure we use is earnings before interest and taxes (EBIT), which is a standard accounting measure.

Company 102

Company Trends Policies Taxes 102

PYMNTS

JULY 30, 2019

may be the world’s hotbed for challenger banks, but it’s not the only market witnessing a surge in bank competition and industry evolution as a result of FinTech pressure. While the company may be operating in a different market than the U.K., One of the biggest industry trends with global ramifications is open banking. “In

User Experience 122

User Experience America Analysis Industry 122

PYMNTS

DECEMBER 19, 2019

Those concerns have eased somewhat, however, as FinTech firms assure accountants that technology can operate in harmony with human professionals — and as analysts urge the CPA community to take on a more strategic role with their clients. “Why? ” The Real-Time Demand. ” An Open Banking Opportunity. ”

Data 133

Data Analysis Industry Technology 133

PYMNTS

JANUARY 17, 2019

It’s also about accounting for the industry in which a business operates, and what kind of back-end systems are already in place, even geographic location — all of which impact the way small businesses want to manage and pay their employees. ” In the U.S., ” In the U.S.,

Capital 173

Capital Tools Survey Management 173

PYMNTS

JANUARY 23, 2017

The latest analysis from SpiderOak also found that, surprisingly, professionals in IT and leadership groups are actually more likely to be using these unsanctioned group chats. That’s according to SAP SuccessFactors and Oxford Economics, which surveyed 4,100 FinServ executives across markets. 40% more cyberbreaches impacted U.S.

Survey 100

Survey Taxes Groups Analysis 100

Abrigo

SEPTEMBER 26, 2017

Other technology, such as customer relationship management (CRM) solutions, such as Salesforce, make it easier to manage engagements, track action items and market new services to existing clients. All of these efficiency gains stemming from communication can help the practice operate more efficiently and grow. Learn more >>

Technology 150

Technology eBook Taxes Meeting 150

PYMNTS

DECEMBER 12, 2019

According to Duane Overgaard, VP and GM of Connectivity for hotel distribution company DerbySoft , market fragmentation creates bottlenecks in B2B transactions throughout the travel arena. In markets like China, said Overgaard, mobile payment technologies are quickly climbing to the top of travelers’ preferences.

Payments 136

Payments Cards Industry Marketing 136

PYMNTS

NOVEMBER 2, 2018

After Halloween comes the lucrative holiday shopping season — sorry, Thanksgiving, but you’re only a speed bump — but there are serious questions about how happy the fourth quarter will be for some big eCommerce operators. percent growth the retail market saw one year ago. billion, according to a fresh forecast from Adobe Analytics.

Apple 130

Apple Retail Maine United States 130

PYMNTS

JULY 15, 2016

Hong Kong is known for its simple and predictable tax system, making it an attractive place for investment. It’s got almost everything you’d think is needed to support a fast-growing startup ecosystem — market openness, practical economic policy, a stable legal environment and a well-connected location. Hong Kong has got it going on.

Taxes 100

Taxes Fintech Marketing Regional 100

PYMNTS

FEBRUARY 3, 2020

The stock market has been sluggish and weak — and getting more so — as it is looking increasingly like the coronavirus will shut down large segment of the world’s second largest economy for the immediately foreseeable future. Meanwhile, McDonald’s has shuttered eateries in five Chinese cities and is launching new health protocols.

Bitcoin 132

Bitcoin Data Retail Charlotte 132

Jeff For Banks

SEPTEMBER 16, 2018

Yet we charge business checking fees based on a complex analysis, offer a 7-month special CD only to roll it into a lower yielding 6-monther if the customer isn’t attentive, and require high-interest checking customers to have 10 debit transactions, e-statements, and a partridge in a pear tree to get that rate.

Taxes 67

Taxes Resources Marketing Analysis 67

Jeff For Banks

JULY 8, 2017

The markets continue to roll and bond markets continue to trade in a 25 basis point range, hitting the higher end when they think the economy is strong (why else would the Fed raise rates?) Presidential Agenda I am very surprised that the markets are not having fits over the lack of progress on the presidential agenda.

Marketing 60

Marketing Community Bank Security Data 60

PYMNTS

NOVEMBER 6, 2018

Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. More so than the average SMB, independent pharmacies are particularly affected by the state of the healthcare market and its regulatory shifts. small business owners.

Capital 130

Capital Iowa Management Community 130

PYMNTS

DECEMBER 18, 2018

” Kepczyk described this market as the “wild west,” as more technologies and FinTech innovators enter the small business financial services space, not only to automate, but to provide deeper insights into company finances and enable predictive analytics involving too much data for one (human) accountant to manage. .”

Management 134

Management Fintech Tools Technology 134

PYMNTS

APRIL 19, 2019

payroll processing company Payescape , said this area of the back office may have a larger influence on how accountants operate than some may believe. Payroll and tax-related regulations are also a strategic focus for accountants handling payroll for their customers. However, Steven Jones, business development manager of U.K.

Innovation 154

Innovation Compliance Technology Resources 154

Celent Banking

MAY 2, 2016

Banks and credit unions operate differently, and Celent has explored the variations in blogs and publications. The mission statement of the credit union market has historically revolved around extreme customer centricity. Credit unions need to think about how to best streamline their operations to remain viable.

Mobile 100

Mobile Marketing Data Taxes 100

PYMNTS

SEPTEMBER 6, 2017

FX volatility is top risk challenge for treasurers today, with 52 percent citing this issue, followed by the challenge of gaining visibility into global operations, cash and financial risk exposures (cited by 43 percent). dollar, yen, euro and others that “were fairly stable and predictable.”. Technology Tripping Up Treasury.

Risk Management 108

Risk Management Survey Management System 108

PYMNTS

JANUARY 24, 2020

For SMBs in need of short-term labor for a marketing project or equipment installation, gig workers can be immensely beneficial, he said. In other cases, he’s witnessed SMBs failing to pay their taxes because they’re in such a financial bind, ultimately forcing them to shut down. But this risk isn’t reserved for large businesses.

Survey 130

Survey System Capital Management 130

TrustBank

DECEMBER 8, 2022

According to the Bureau of Economic Analysis (BEA) US personal saving declined to an anemic 2.3% The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. in October. What’s left is an estimate of personal savings.

US 52

US Policies Taxes Washington 52

Abrigo

DECEMBER 28, 2015

Let's assume, for the purpose of this article, that you are operating a successful valuation or accounting firm. When researching differentiation, themes like "value" or "branding" arise, but to financial experts who are often untrained in marketing, branding or public relations, these terms offer little tactical advice.

North Carolina 150

North Carolina Branding Taxes Industry 150

PYMNTS

APRIL 19, 2019

Larger merchants appear to be better prepared than the roughly 800,000 smaller ones operating across the continent. Per Mastercard’s analysis, awareness is twice as high among those with at least 500 transactions per month than for firms transacting below that threshold. Retail Sales: Rally 1.6

social media 125

social media Online Regulation Taxes 125

PYMNTS

MAY 25, 2016

But something has happened over the last few years, according to Coupa VP of Strategy and Product Marketing Donna Wilczek: Technology has enabled AP professionals to become strategic and massively important to the success of any corporation, large or small. They are mom-and-pop operations, she said, often “just trying to make it.”

Big Data 117

Big Data Data Operations Analytics 117

Abrigo

FEBRUARY 10, 2016

But a recent financial statement analysis by Sageworks, a financial information company, provides a look at a larger universe of small companies, finding that this backbone of the U.S. Net profit margin has been adjusted to exclude taxes and include owner compensation in excess of their market-rate salaries.

Data 150

Data Trends Industry Taxes 150

PYMNTS

MARCH 2, 2018

The latest analysis from Accenture finds new evidence that investors have been acting on their B2B interest for some time. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 For markets like the U.K., A report released this week found startups across the U.S.,

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

MARCH 30, 2018

Its platform provides proprietary cyber-risk analysis technology to corporate customers. ServiceTitan said it will use the funds to introduce new features to its solution, enhance customer support, grow into new market segments and land more deals with wholesalers and other collaborators. Singapore’s CardUp announced nearly $1.7

US 116

US Capital California San Francisco 116

Gonzobanker

OCTOBER 26, 2021

Cornerstone Advisors estimates $145 billion of pre-tax revenue has disappeared for bankers via margin compression in only the past two years. It must be what pours out from the culture, the leadership, the brand, and the operations of a modern banking institution. Banker in the Middle. Earning the Trust of the Stakeholders.

Leadership 97

Leadership Compliance Strategy Branding 97