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

FEBRUARY 25, 2019

As such, they can struggle to organize flight bookings, handle payments, manage trip expense records and more. The February Workforce Spend Management Tracker , a collaboration with PEX , tracks how solution providers are seeking to bridge this gap to meet the business travel expense management needs of SMBs and freelancers.

Management 122

Management Software Resources Mobile 122

PYMNTS

DECEMBER 28, 2020

Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures. In other news, the U.S.

Capital 175

Capital Security cryptocurrency Fraud 175

PYMNTS

AUGUST 23, 2020

The firm's plan is to manage more money for clients and to bring down investments from its own balance sheets. There are two goals — to free up capital and to generate a steadier revenue stream from management fees, according to Bloomberg. Tiger Global Management, Sequioia Capital and TCV are all working on similar projects.

Capital 250

Capital Management Report Technology 250

South State Correspondent

MARCH 19, 2024

While bankers can sell customers cash management or deposit products and later cross-sell credit, in the vast majority of cases the real estate mortgage acts as the entrée to a new relationship. The real estate mortgage is a platform that drives cross-sell and upsell capabilities. Profitability continues to grow over time.

Community Bank 195

Community Bank Community Industry Cards 195

PYMNTS

SEPTEMBER 8, 2016

Starting today and running through the end of 2017, travel-loving Capital One customers with either the Capital One Venture Card or the VentureOne Card will have a new perk to play with. But discounts aren’t the whole of the model, since even Shank noted that there are other ways to save when booking online.

Capital 100

Capital Cards US Customer Experience 100

PYMNTS

JUNE 25, 2018

In the first quarter of this year, KPMG said in a recent report that there were five $1 billion-plus mega-venture capital rounds, and analysts say venture capitalists (VCs) are diversifying their investment targets as emerging focuses, from artificial intelligence (AI) to healthcare, build excitement.

Cards 130

Cards Software Capital Management 130

PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank Is Doing to Drive Virtual Card Adoption. Managing Spend in a Sector Where Unplanned Expenses Are the Norm.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

DECEMBER 13, 2018

Commercial card startup Brex, which recently secured funding that propelled it into unicorn status, is augmenting its platform with the introduction of corporate travel booking capabilities. ” “Startups have a disadvantage when booking corporate travel,” added TravelBank CEO Duke Chung in another statement.

Marketing 134

Marketing Cards Capital Company 134

PYMNTS

FEBRUARY 28, 2020

Yet, the burden of financial management, from tedious data entry to compliance challenges, is a nonnegotiable part of starting a small business (SMB). When small business owners take on the books themselves, the process requires significant manual data entry and number-crunching. “In retrospect, it was a big mistake.

Capital 154

Capital Taxes Software Data 154

PYMNTS

JANUARY 22, 2021

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

Security 204

Security Fintech Capital Management 204

BankBazaar

JANUARY 30, 2020

What if we tell you that you don’t need to run from pillar to post or spend a lifetime in queues to get a Credit Card or a Personal Loan? Thanks to websites like BankBazaar, it is now possible to get a Credit Card or a Personal Loan without running from pillar to post or drowning yourself in paperwork. Find out how. .

Cards 78

Cards Capital Marketing Management 78

PYMNTS

SEPTEMBER 5, 2019

5) the launch of Stripe Capital to simplify the way internet companies can access funds. It remains difficult for online businesses to get access to capital. Stripe Capital makes it easy for internet businesses to get the funds they need when they need them,” said Will Gaybrick, Stripe’s chief product officer.

Online 152

Online Capital United States Company 152

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.

Fintech 198

Fintech Capital San Francisco Georgia 198

PYMNTS

SEPTEMBER 2, 2020

The lead underwriter for the offering is Goldman Sachs Canada in cooperation with book managers Credit Suisse Securities Canada Inc, BMO Nesbitt Burns Inc. and RBC Capital Markets. The company said it plans to use net proceeds from the offering to repay debt.

Payments 229

Payments Fintech Security Technology 229

PYMNTS

AUGUST 14, 2020

It looks like a race is shaping up to determine the future management of General Motors ’ credit card business. However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight.

Cards 245

Cards Apple Google Technology 245

PYMNTS

NOVEMBER 6, 2020

Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. Data Analytics Changes the Working Capital Management Paradigm. Booking Holdings cautioned investors on Thursday (Nov.

Online 148

Online Payments Millennials Apple 148

PYMNTS

OCTOBER 12, 2018

In the past, Eko has taken in investments from the likes of Intel Capital and Sequoia Capital. In August, Walmart announced another partnership with the launch of its eBook service, Walmart eBooks by Rakuten Kobo, which provides customers with access to an all-new digital catalog of books in-store and online. With a $9.99

eBook 108

eBook Video New York Capital 108

PYMNTS

NOVEMBER 12, 2020

banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital. The funding is being earmarked to launch credit cards-as-a-service in the U.S. UK BaaS Railsbank Closes $37M Funding Deal To Support Growth. and elsewhere as the BaaS platform grows its global footprint.

Google 193

Google Payments Regulation Branding 193

PYMNTS

MARCH 13, 2020

The incentive is available for people with cruises that are booked between March 6 and May 31. These same credit cards used in frequent flier programs that use “credit acquirers” to process the card payments also issue the refunds, and they can “hold” cash for trips bought but not yet taken. told Bloomberg.

Course 140

Course Cards Examples Operations 140

PYMNTS

DECEMBER 28, 2020

Corporates want to delay payment as long as possible in order to better manage cash flow, while suppliers are pressed to accelerate accounts receivable to strengthen their own cash positions. It can indeed be a valuable tool, enabling corporate buyers to make a purchase without having to immediately let go of capital.

Payments 203

Payments Fintech Innovation Cards 203

PYMNTS

MAY 7, 2020

And often, drilling down into business segments and management commentary provides insight into just how we as a nation are faring, depending on where you look. The company also launched a gift card portal in order to help buyers search for and support Square sellers. Card-present volumes were down by 60 percent year over year.

Maine 141

Maine Online Capital Retail 141

Gonzobanker

FEBRUARY 8, 2022

While the term “accretive to book value” is still the best bet for buzzword bingo at AOBA, the real talk centered around digital transformation and fintech disruption. price/book multiple. experiments with a more visible move from shareholder capitalism to stakeholder capitalism. Technology Management Breaking the Bank?

Fintech 167

Fintech Customer Experience Conference Technology 167

PYMNTS

APRIL 5, 2019

Small business lending platform OnDeck is accelerating access to capital for its users through the launch of a same-day funding option. local time, as per National Automated Clearing House Association (NACHA) caps, as long as small businesses complete their booking or line of credit draw by 10:30 a.m. on a business day.

Capital 109

Capital Lending America Online 109

PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. Lulalend lends directly to SMBs that can apply online, with an automated approval process accelerating access to capital.

Capital 108

Capital Analytics San Francisco Lending 108

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. Investors from IVP, Madrona Venture Group and Meritech Capital all joined the fold, while existing backers CapitalG and Sequoia Capital led the round.

Lending 193

Lending Capital Analytics Fintech 193

PYMNTS

SEPTEMBER 6, 2017

The issue, he recently explained to PYMNTS, is travelers spend corporate cash to book travel and then request reimbursements after-the-fact, meaning CFOs and accountants can’t retroactively push for employees to spend less. In his professional experience, Chung said he has identified a major factor that contributed to this trend.

How To 130

How To Cards Industry Trends 130

PYMNTS

APRIL 23, 2019

Financial management is mission-critical to the health and vitality of small business (SMB), but it’s also one of the most difficult tasks for entrepreneurs and business owners that may have the skills to launch new products or services, but lack the accounting expertise to handle the numbers. The firm secured $1.8

Fintech 154

Fintech Taxes Capital Analysis 154

Abrigo

FEBRUARY 27, 2020

This means having processes and people in place for bringing in borrowers, identifying the right loans to book, pricing them correctly, and closing loans quickly and efficiently enough to meet customer needs and institutional goals. Book more loans with a faster turnaround. learn more. Survey: Repetitive data entry common.

Lending 243

Lending Survey Data System 243

PYMNTS

JANUARY 13, 2021

It also provides lending services such as merchant cash loans, personal loans, and credit cards. The user can take all those payments they can make from the Paytm app and build a hub [to] manage their life issues.”. In June 2020, Nubank had a loan book valued at around $63 million, excluding credit cards, according to Reuters. “As

Digital Banking 156

Digital Banking Conference Lending Payments 156

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

JULY 7, 2020

Back-end processes like payments and cash flow management are a significant opportunity for travel industry players to modernize and promote efficiency. “However, it is strange that in terms of payments, not much has been done in the last few years since the appearance of the virtual credit card.” ” The Journey Ahead.

Industry 155

Industry Data Payments Innovation 155

South State Correspondent

JANUARY 3, 2023

Despite reaching the highest profitability in over a decade in 2022, US banks overall trade at a discount to other sectors as measured by P/E or P/Book, and approximately 53% of US banks have earned less than their cost of equity over the last five years. What Drives Profitability if Not NIM? If NIM is not a predictor of ROA, what is?

Community Bank 221

Community Bank Community Data Marketing 221

MyBankTracker

JUNE 20, 2020

A cash rewards credit card can be handy for earning back some of what you spend. The Navy Federal cashRewards Credit Card simplifies cash rewards by letting you earn a flat percentage back on every purchase. There are no rotating bonus categories or rewards tiers to manage, making it easy to earn cash back everywhere you go.

Cards 52

Cards Online Examples Capital 52

PYMNTS

JANUARY 22, 2019

As perks for consumers go, cash-back offerings remain the leader of the pack when consumers are choosing credit cards. 13 percent of adults have an airline or hotel credit card, and 12 percent have a general travel rewards credit card, according to surveys by CreditCards.com and YouGov Plc. In the U.S.,

Cards 152

Cards cryptocurrency Branding Capital 152

PYMNTS

NOVEMBER 5, 2019

Profits, yes – on the horizon, according to management. Gross bookings came in at $16.5 He said that during the quarter, the company hit $1 billion in weekly gross bookings. We’ve seen the capital is getting more expensive and can run dry, whereas platform leadership is both far cheaper and more permanent.”.

Conference 100

Conference Leadership Capital California 100

PYMNTS

JANUARY 27, 2017

Commercial Cards. It’s not everyday that the B2B payments space sees innovation in corporate cards, but Spendesk, based in France, is giving the industry a little boost. TripActions offers rewards for employees when they remain under corporate budget, which can be used for things like Amazon gift cards. million raised.

Fintech 100

Fintech Cards Mobile Capital 100