PYMNTS
APRIL 15, 2020
Downdetector, a global company that tracks troubles with websites and mobile apps, tweeted that Bank of America, PNC, Capital One, TD Bank, Santander, Ally, SunTrust Bank, Wells Fargo, US Bank, City and Chase, among other financial institutions, were having troubles. The added volume put a strain on the system.
PYMNTS
FEBRUARY 5, 2019
CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. In a press release , the San Francisco startup that has sold more than 200,000 policies online said the Series D funding round was led by global insurer Hiscox and included participation from Chubb, Aflac Ventures, MS&AD of Japan.
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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.
Jeff For Banks
DECEMBER 10, 2023
Total return includes two components: capital appreciation and dividends. The bank was founded in 1907 and has operated continuously since 1908 with branches in Durham, Raleigh, Charlotte, Greensboro, and Winston-Salem. Well done and best of luck leveraging the ECIP capital for good! #2. The Bancorp, Inc. Congratulations!
PYMNTS
MARCH 11, 2020
Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”.
PYMNTS
FEBRUARY 6, 2020
The benefits of APIs for instant payments [are] huge,” said Charlotte Hausemer, vice president of innovation and product management for trade and treasury solutions at BNP Paribas. eCommerce retailers are clamoring to accept such transactions, supplementing traditional online payment instruments such as PayPal.
Fintech Labs Insights
MAY 12, 2021
Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. CAN Capital.
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