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Capital One continues to grow card business, auto book

BankInovation

Capital One's focus on digital tools and dealer relationships contributed to increased auto originations in the first quarter as the lender looks to keep pace with industry competition. Auto originations increased 20% sequentially and 33% year over year to $11.7

Capital 98
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Instamojo Rolls Out InstaCash Loans For SMB Working Capital

PYMNTS

To provide retailers with the ability to attain working capital, India-based payment gateway and online shopping platform Instamojo rolled out InstaCash. Retailers can receive loans for as much as Rs 1 lakh ($1,322.26) for a time ranging from seven to 14 days with the offering, The Economic Times reported.

Capital 168
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Shogun Brings Big Retail Tech To Digital-First Retailers

PYMNTS

He needed a name for the company and liked the book. Four years and $35 million in venture capital funding later, Taylor’s company is expanding and simplifying the ability for eCommerce companies to build sophisticated yet simple web stores. Both have been key developments to helping retailers participate in the digital-first economy.

Retail 226
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Bank Product Profitability and Productivity

South State Correspondent

We focused mainly on customer profitability and used risk-adjusted return on capital as a proxy for profitability. Through this understanding of profitability and productivity, bank managers can set better strategies and tactics plus start to optimize the allocation of capital. Both banks, for example, had about $150B in deposits.

Study 195
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Today In Data: SMBs’ Capital Management, Cash Still Powerful And B2B Apps For Professionals

PYMNTS

This is true for consumers making payments to companies to obtain retail goods and businesses looking to pay each other for services rendered. billion | Amount of working capital on the books for U.K. Today in PYMNTS’ data, U.K. Today in PYMNTS’ data, U.K. Here are the numbers: $179.5

Capital 108
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Line Launches On-Demand Taxi-Booking App In Thailand

PYMNTS

Japanese tech startup and messaging app maker Line announced on Tuesday (August 1) that it is rolling out a taxi-booking service in Thailand’s capital of Bangkok. The country, noted TechCrunch, is one of the Southeast Asian company’s biggest markets, making Thailand the perfect place to launch a taxi-booking app.

Video 100
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Best Banking Books To Create The Modern Banker

South State Correspondent

One common question we field is recommendations of books to improve either bank performance or personal performance. These books span a range of banking topics but emphasize second-order thinking, productivity, building client relationships, and innovation. The book also contains the best appendix that you will ever read.