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Experts May Overestimate SMBs’ Understanding Of Cyber Threats

PYMNTS

A new white paper from QuickBridge found an estimated 50 percent of small businesses that fall victim to a cybercrime are unable to recover and, as a result, are forced to shutter their doors. . Yet, the data suggests that small businesses may not be aware of the risk they face from cybercriminals.

Training 184
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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

Fintech 194
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New plaintiffs join lawsuit against CFPB for delaying Section 1071 implementation

CFPB Monitor

In May 2017, the CFPB issued a RFI and a white paper on small business lending in conjunction with a field hearing on small business lending. In April 2011, the CFPB issued guidance indicating that it would not enforce Section 1071 until it issued implementing regulations.

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CA Reinvestment Coalition sues CFPB for delaying Section 1071 implementation

CFPB Monitor

In May 2017, the CFPB issued a RFI and a white paper on small business lending in conjunction with a field hearing on small business lending. In April 2011, the CFPB issued guidance indicating that it would not enforce Section 1071 until it issued implementing regulations.

CA 68
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5 Lessons Using Bank Customer Lifetime Value Data

South State Correspondent

Some companies are law firms in state capitals that handle political money, some are franchises, while others are businesses that grow revenue and hire in lock step over multiple years. This bank is on a strategic death spiral as they consistently produce under a 9% return on equity or under their cost of capital.

Data 195
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Have we checked out of business banking?

Jeff For Banks

The second was large corporations gaining direct access to the capital markets, issuing short term notes and commercial paper instead of relying on bank financing. In his recent white paper “Two Cheers for Capitalism?” (see Community banks have struggled to separate themselves from large financial institutions.

Lending 60
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Can FinTech Walk The FinTalk?

PYMNTS

Today, the hype machine, which is the fuel of the investments in blockchain and crypto, rooted in a world run by algo-driven, permissionless networks, appears to be little more than a bunch of academic white papers and blog posts that sound great in the echo chambers. All you need for proof is to just follow the smart money.

Fintech 183