Abrigo

MARCH 14, 2024

Most bankers are adept at reactive servicing—when a customer calls with a request, they're quick to respond, especially if they've eliminated manual processes with small business loan origination software. For customers who have one piece of business and may not be paying a lot, you may not go out of your way to retain them.

Lending 195

Lending Strategy Community Software 195

PYMNTS

JULY 16, 2020

on Thursday (July 16) became the latest bank to report some good news in its second-quarter results, but there is also a lot of evidence that the consumer-banking business is being pummeled by COVID-19. Small Business Administration’s Paycheck Protection Program (PPP) based on gross funding. Truist said it was also the No.

North Carolina 147

North Carolina Charlotte Report Cards 147

Perficient

SEPTEMBER 30, 2020

Many businesses that could not adapt to the new environment were forced to close, and the great majority of those that survived had to undergo dramatic changes. Agility and Business Continuity Plans. The pandemic literally threw our culture and ways of doing business into a state of turmoil, and this happened across the globe.

Video 508

Video Survey Strategy Marketing 508

PYMNTS

AUGUST 7, 2020

Before Q2 2020, Uber was the innovator that launched the concept of a digitally backed ridesharing business with a growing side hustle in the world of delivery. The company went public last year, resulting in various one-time, non-cash costs. If restrictions continue or need to be re-imposed, our delivery business will compensate.”.

Mobile 254

Mobile Regional Software Strategy 254

PYMNTS

AUGUST 5, 2020

4) that while second-quarter revenues fell for much of its business, WesternUnion.com’s average monthly active customers shot up 45 percent year over year. That paid off during Q2 as the consumers and businesses all over the world pivoted to a digital-first mindset. Western Union (WU) reported Tuesday (Aug.

United States 337

United States National Retail US 337

PYMNTS

OCTOBER 29, 2020

Mastercard’s third-quarter results show a bit of resurgence in debit spend. Visa reported fiscal fourth-quarter results Wednesday (Oct. Bank On Helping Businesses Pick Faster Payment Options. And Visa’s earnings report revealed a rebound in consumer spending. Mastercard Q3 Shows Impact Of Cross-Border, Travel Spend Slump.

Payments 163

Payments Course Report Management 163

PYMNTS

JULY 23, 2020

Begor said in the statement , “Equifax delivered its second consecutive quarter of strong, double digit revenue growth and margin expansion, driven by our Workforce Solutions income and employment business which had its strongest results in over 10 years, even with the challenging economic impacts of the coronavirus pandemic in the quarter.

Report 145

Report Data Management Marketing 145

PYMNTS

AUGUST 20, 2020

reported results on Thursday (Aug. We mobilized our entire digital infrastructure to support the economic recovery of businesses across a wide range of sectors, while broadening and diversifying our consumer base by addressing their changing preferences in a post-COVID-19 environment,” Zhang said. Alibaba Group Holding Co.

Groups 169

Groups Retail Mobile Community 169

PYMNTS

SEPTEMBER 8, 2020

We're pleased with our overall business results for the second quarter, as Lululemon increasingly lives into its Omni potential,” Lululemon CEO Calvin McDonald said in the announcement. As for its overall results, Lululemon reported adjusted diluted earnings per share of 74 cents on net revenue of $902.9 Lululemon reported 54.2

Report 168

Report Retail America National 168

PYMNTS

NOVEMBER 4, 2020

And, oh yes, gross dollar volumes — and some insight into how small businesses are faring amid the great digital shift, and in brick-and-mortar locations. To that end, in anticipating Square’s results, the Street sees revenues of $2.1 To that end, in anticipating Square’s results, the Street sees revenues of $2.1

Bitcoin 209

Bitcoin Report Management Cards 209

Abrigo

NOVEMBER 12, 2023

Review the 2023 Loan Review Survey results with experts and get their take on emerging trends and best practices WATCH WEBINAR Takeaway 1 Loan covenants are critical to banks and credit unions to manage credit risk, especially when borrowers face stress. They also give the lender tools to monitor and manage the situation.

Risk Management 221

Risk Management Lending Policies Management 221

PYMNTS

DECEMBER 10, 2020

Bank of America customers are spending more across all accounts than they did last year, but more stimulus is needed to support small businesses and people who are unemployed, according to CEO Brian Moynihan. Negotiations on Capitol Hill have yet to result in a new package. trillion in money moved by our consumers,” Moynihan told CNBC.

America 243

America Cards Report Retail 243

PYMNTS

JULY 30, 2020

Facebook reported on Thursday (July 30) that small- to medium-sized businesses (SMBs) turned to the company’s ad platforms to connect with customers amid the pandemic, according to second-quarter earnings results. People are spending more and more time online, so businesses need to be online too. Ad Revenue.

Resources 164

Resources Tools Training Online 164

PYMNTS

JANUARY 20, 2021

In announcing its fiscal second-quarter results, the Cincinnati-based consumer goods giant also credited its “constructive disruption” strategy for a 15 percent jump in earnings, which also allowed it to increase its full-year forecast. eCommerce Soars. Constructive Disruption.

Online 292

Online Report Strategy Trends 292

PYMNTS

OCTOBER 8, 2020

This is a terrific result when you consider what is happening across the category and more broadly across the U.S. In its international business, Allison noted that the company continues to observe wide differences in performance as the coronavirus keeps evolving throughout the globe. “In Domino’s Pizza, Inc. percent , with U.S.

Retail 130

Retail Report Operations Marketing 130

PYMNTS

JANUARY 12, 2021

start reporting fourth-quarter results, it is expected that profits will be down by as much as 40 percent from last year, Reuters reported on Monday (Jan. All three will post results on Friday (Jan. The distribution of coronavirus vaccines and the election results have caused bank stocks to go up 35 percent since early November.

US 160

US America Report Digital Banking 160

PYMNTS

JANUARY 26, 2021

Management said on the conference call with analysts to discuss results that much of the reserve release was tied to the card business. Supplemental materials released by the company in tandem with earnings show that in its credit card business, revenues from the segment were down 7 percent, or $357 million year on year.

Cards 216

Cards Conference Capital Company 216

South State Correspondent

MARCH 5, 2024

The first factor is that commercial loan underwriting is a fixed overhead cost business. These larger companies have already withstood the test of time and have survived business downturns, and the market has validated their business models. Some of the results are shown in the table below.

Community Bank 195

Community Bank Community National Lending 195

South State Correspondent

MARCH 5, 2024

The first factor is that commercial loan underwriting is a fixed overhead cost business. These larger companies have already withstood the test of time and have survived business downturns, and the market has validated their business models. Some of the results are shown in the table below.

Community Bank 195

Community Bank Community National Lending 195

South State Correspondent

SEPTEMBER 11, 2023

This quarterly publication provides a comprehensive financial results summary for all FDIC-insured institutions (4,645 commercial banks and savings institutions insured by the FDIC). Therefore, the quarterly profile and Chairman Martin Gurenberg’s commentary on the industry are skewed by the performance of larger banks.

Community Bank 195

Community Bank Community FDIC Industry 195

PYMNTS

DECEMBER 18, 2020

Those include worker and customer health and safety, in-restaurant execution in an intricate operating environment, putting technology into place to bolster the customer experience and reshaping its business model. 1, 2021 to shareholders of record at the end of the business day on Jan.

Report 201

Report Operations Customer Experience Capital 201

PYMNTS

JUNE 9, 2020

reported that its reopened stores are “performing better than anticipated” in its preliminary first-quarter 2020 financial results. Our strong digital business sales trend continued throughout May, and it is encouraging to see that as we reopen a store, the digital business in that geography continues to be strong.”

Retail 130

Retail Trends US Report 130

PYMNTS

AUGUST 5, 2020

4) night after the San Francisco-based financial services company posted better-than-expected quarterly results for its mobile payment app. Square’s gross profit for its core seller business fell 9 percent in Q2 compared to last year to $316 million. Square saw its shares skyrocket Tuesday (Aug. CNBC reported the company had $1.92

San Francisco 218

San Francisco Capital Taxes Lending 218

PYMNTS

MAY 19, 2020

While businesses nationwide have seen their doors close and revenues drop to near zero, Walmart reported that its sales surged as consumers flocked to its stores and website to stock up for an extended period of social distancing. However, Walmart’s results are arguably about more than just Walmart alone. percent to $134.6

Retail 221

Retail Los Angeles Survey Online 221

PYMNTS

JANUARY 15, 2021

Morgan Chase posted fourth-quarter earnings results on Friday (Jan. On a conference call with analysts to discuss the quarter’s results, CFO Jennifer Piepszak noted that the release represents the “resilience” of J.P. Reserves were held flat on the card business, standing currently at $17.8 Morgan’s overall customer base.

Management 151

Management Mobile Conference Lending 151

PYMNTS

NOVEMBER 10, 2020

10) as part of its third quarter earnings results that active riders had risen to 12.5 In its fleet business, the company saw improvement with Express Drive , which lets people rent cars to drive for the Lyft platform, and Lyft Rentals , which is the company’s consumer car rental experience. Lyft reported on Tuesday (Nov. million.

California 153

California America Policies Community 153

PYMNTS

AUGUST 2, 2019

Western Union Business Solutions revenue was up 3 percent on a reported basis, or 7 percent on a constant currency basis. Our second quarter results were stable, and strong growth in digital continued, with particularly impressive results in cross-border digital transactions. Net income of $614.8 million, or $1.42 to $2.76.

Strategy 219

Strategy Branding Regional America 219

Perficient

APRIL 11, 2023

The Result of the Workshops can be Summarized per Process/Business Line: What risks are present? Properly done, RCSA is a normal business function with multiple inputs into the Risk Management Tool and periodic tests in the live environment. What control(s) do we have to mitigate these risks? Have the controls been implemented?

Risk Management 275

Risk Management Tools Exercises United States 275

PYMNTS

OCTOBER 29, 2020

Consumer behavior drove Western Union 's positive third quarter earnings results , announced Thursday (Oct. 29), with cross-border principal up by 8 percent for the quarter. Moving forward, Western Union will continue to look toward its digitization strategy for growth. "We Ersek noted earnings came in at $228.6

Digital Strategies 204

Digital Strategies Strategy Operations US 204

PYMNTS

NOVEMBER 19, 2020

He predicted that “the secondhand market will continue to become more relevant and a larger part of every business." The result, he said, is that companies "are seeing the value in product they have already sold.”. The company has just announced that its third-quarter results, which had Gross Merchandise Value (GMV) surging to $797.8

Retail 227

Retail Branding Marketing Online 227

PYMNTS

OCTOBER 5, 2020

Dufry and Alibaba are also forming a joint venture in China that will combine Alibaba’s digital capabilities with Dufry’s travel retail business in that market. In August, the company reported results that demonstrated its reach. Dufry employs about 31,000 people.

Retail 262

Retail Groups Capital Report 262

PYMNTS

OCTOBER 13, 2020

13) indicated that things are looking a bit stronger than expected in the results department, as the firm showed early signs of stabilizing in the wake of the great COVID-19 disruption. We are still in the midst of a crisis,” Corbat noted in his call with analysts after the results went public. billion from $2.2 billion from $7.9

Cards 170

Cards Digital Banking Lending Report 170

PYMNTS

NOVEMBER 25, 2019

has agreed to sell the ticketing business to Viagogo Entertainment Inc. The marketplace decided to look into selling StubHub after two activist investors encouraged the company to leave businesses that were not related to its core marketplace, The Wall Street Journal reported. In a deal announced Monday (Nov. billion in cash.

Online 161

Online Management Report Company 161

PYMNTS

AUGUST 5, 2020

The company, however, did see a drop in revenues resulting from a reduction in prescriptions resulting from fewer provider visits due to the pandemic. In its quarterly report, Merlo said CVS continues “to navigate the health, social and economic impacts of COVID-19. Total revenues increased by 3 percent, to $65.3

Report 147

Report Community Meeting Strategy 147

PYMNTS

MAY 22, 2020

Chief Executive Officer Barbara Rentler said in the announcement, “Our first-quarter results reflect the unprecedented impact the COVID-19 pandemic has had on our business, which led to the closure of all stores and our first quarterly operating loss in more than 30 years. Net sales were $4.4

Report 240

Report Retail Operations Trends 240

PYMNTS

DECEMBER 30, 2020

Walmart said that in the third quarter of this year, its eCommerce business grew by about four-fifths. With more customers purchasing online, resulting in increased web traffic on Walmart's digital platforms, the retail media business is experiencing the same acceleration in its momentum, too,” the release added.

Retail 151

Retail Online Groups Google 151

PYMNTS

NOVEMBER 16, 2020

The risk of fraud continues to climb for organizations of all sizes as the latest data reveals third-quarter spikes in business email compromise and ransomware scams. This week's B2B Data Digest takes a look at the numbers behind those spikes, finding small businesses to be particularly at-risk.

Fraud 242

Fraud Security Data Cards 242