PYMNTS

MAY 21, 2018

We’ve got 17 months’ worth of cash without further raises of capital,” the executive said. Banks also got more strict with their lending requirements, which resulted in a slowdown in credit card balance growth. The new tax passed with a 9-0 vote and is meant to affect most companies grossing at least $20 million a year.

Seattle 100

Seattle Taxes Cards Data 100

PYMNTS

MARCH 12, 2019

Nature abhors a vacuum, as the saying goes, and we might say the same for corporate lending. where smaller firms seem stuck in a limbo of fragmented lending solutions, and where loans are pricier than might be seen elsewhere. Data helps lenders make the best risk-adjusted lending decisions.

Lending 100

Lending Marketing Capital Data 100

PYMNTS

SEPTEMBER 12, 2018

Small businesses’ access to traditional loans continues to grow as loan applications at big banks reached new heights last month, the latest Biz2Credit data showed. In its monthly Small Business Lending Index, released Tuesday (Sept. 11), Biz2Credit found that big banks in August approved 26.5 percent from July.

Lending 102

Lending Community Bank Taxes Community 102

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? Source: DeBanked ) Square Capital lent about $1.6 Source: DeBanked ).

Lending 136

Lending Community Bank Community Data 136

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Lendingkart.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

DECEMBER 7, 2020

Despite a surge in sales, small businesses selling online can struggle to manage working capital, particularly as many rely on third-party marketplaces like Amazon that don't facilitate instant access to revenues. Digital commerce is a capital-intensive business model, he said, and keeping pace with buyer demand puts a strain on finances.

Capital 356

Capital Online Tools Lending 356

Abrigo

FEBRUARY 16, 2016

nonprofits are growing in number, revenue and assets, according to the most recent data available on this important segment of the economy. nonprofits are also opaque, considering only a small percentage is required to file some version of Form 990, the return for organizations exempt from income tax. Finances related to U.S.

Analysis 150

Analysis Lending Community Bank Community 150

Jeff For Banks

APRIL 30, 2022

Since I rely heavily on data, I poured through my firm's product profitability reports that aggregates the answers from all of our clients. The charts below show the pre-tax profits as a percent of the total product portfolio during different rate scenarios compared to the Fed Funds Rate. The pre-tax ROA might not look great.

Lending 78

Lending Massachusetts Taxes Community Bank 78

Abrigo

APRIL 14, 2017

Experts agree that while commercial lending is a critical banking service, it has been one of the least automated and technology-reliant aspects of banking today. A credit risk manager at one bank with $900 million in total assets estimated that her team received approximately 8,220 tax returns in the 2015 calendar year.

Innovation 150

Innovation Taxes Analysis Lending 150

PYMNTS

DECEMBER 13, 2019

Traditional bank loans remain the undisputed leader in small business lending. by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital.

Capital 132

Capital Lending Strategy Community 132

PYMNTS

FEBRUARY 2, 2018

Today in PYMNTS data, Visa earnings topped expectations, Mastercard saw positive outcomes and Apple underwhelmed market watchers in their recently released earnings reports. In addition, B2B venture capital (VC) went to FinTech firms and underbanked consumers and small businesses (SMBs) experienced banking hurdles.

Apple 101

Apple Data Taxes Fintech 101

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 243

Lending St. Louis Community Marketing 243

Gonzobanker

AUGUST 17, 2022

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 195

Fintech Lending Software Compliance 195

Abrigo

MARCH 13, 2024

Protecting portfolio health Recognize ailing CRE loans early Media organizations are reporting scary-sounding data, and the headlines scream about the most recent victims. Beyond a hard money default due to a payment or maturity event, early warning signs for CRE loans typically manifest as a : Failure to pay real estate taxes.

Strategy 221

Strategy Course Meeting Taxes 221

PYMNTS

AUGUST 5, 2020

Analysts at Refinitiv, the London-based global provider of financial market data, had predicted a 5 cent loss. In addition, he said tax refunds provided the tailwinds that drove momentum in the Cash App. Square Capital, the company’s lending division, reported a drop in revenue after it stopped issuing most new loans in the quarter.

San Francisco 218

San Francisco Capital Taxes Lending 218

PYMNTS

SEPTEMBER 6, 2019

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week.

Fintech 155

Fintech Capital Lending Operations 155

Abrigo

SEPTEMBER 5, 2023

One that particularly annoys me is when an exception is being cited because it’s the only way to effectively track a portfolio segment due to a dearth of data in the bank’s information systems. unsecured lending is bad rather than unsecured lending should only be extended to high pass risk rated credit).

Policies 195

Policies Lending Risk Management Examples 195

PYMNTS

SEPTEMBER 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35 said this week.

Payments 149

Payments Capital Taxes Lending 149

PYMNTS

OCTOBER 8, 2019

This week’s B2B Data Digest dives into the latest surveys of U.S. The latest data also hints at the possibility banks may be feeling skittish about lending to small and medium-sized business (SMB) customers. PYMNTS breaks down the key data points from these reports below. 76 percent of U.S. Their survey of 752 U.S.

Survey 134

Survey Taxes Data Report 134

Abrigo

FEBRUARY 5, 2021

Even after redoing this certification, borrowers may then still be declined on the same application due to another incorrect validation rule (for instance, an Applicant Tax ID issue),” the letter said. Nobody should fault the SBA for trying to be good custodians of our tax dollars or drive internal efficiencies. mail, Craig said.

Fraud 195

Fraud Lending Taxes Regulation 195

PYMNTS

JANUARY 29, 2020

Last month, reports in The Wall Street Journal , citing Federal Reserve data, found that nearly one-third of U.S. As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. ” Knowing Their Options.

Lending 136

Lending New York Online New Jersey 136

PYMNTS

DECEMBER 5, 2016

The experts estimate that the United States government spent millions trying to enforce it and deprived the states of billions in tax revenue — all without managing to make any significant change in American alcohol consumption. But the world is full of unexpected costs — just ask the team at CAN Capital.

Capital 100

Capital San Francisco Bitcoin United States 100

PYMNTS

NOVEMBER 7, 2018

That growth was outpaced by a record number of applications, up 30 percent year on year, as LendingClub looks to spur “awareness” of the benefits of fixed-rate lending in an era where interest rates are on the rise. The company said it had loan originations of $2.9

Taxes 159

Taxes Management Risk Management Capital 159

Accenture

MAY 30, 2019

Loss rates increased slightly YoY, and issuer after-tax returns are strong for those that report. Chase, Capital One and Synchrony continue to lead issuers with purchase volume growth of over 8 percent YoY?. 3 After-Tax ROA of issuers that publicly report – Citigroup, Capital One, Synchrony and Discover. Key themes.

Cards 158

Cards US Taxes Apple 158

PYMNTS

SEPTEMBER 7, 2018

Another company includes Portal Finance , which works with factoring firms, banks and large enterprises to improve working capital through enhancing SMBs’ access to finance and promoting faster supplier payments. million venture capital raise. The investment follows a $1.5 Countingup. Based in the U.K.,

Fintech 109

Fintech Capital Lending Software 109

Abrigo

OCTOBER 9, 2014

banks are moving back into commercial real estate (CRE) lending as the economy continues to improve. Additionally, 57 percent indicated commercial and industrial (C&I) lending as an area of opportunity for growth. These include: • Different data sources. According to Forbes , many U.S.

Community Bank 236

Community Bank Strategy Community Survey 236

PYMNTS

JANUARY 28, 2020

Advances in data integration and automation have taken small- to medium-sized business (SMB) accounting to the next level. Only weeks later, SMB lending platform Kabbage found nearly two-thirds of SMB owners cite cash flow concerns as the cause for their anxiety. The Data Integration Starting Point. Peering Into the Future.

Payments 151

Payments Data Survey Management 151

PYMNTS

JUNE 7, 2016

With an eye on what could be called a true greenfield opportunity, alternative lending platform Biz2Credit is launching its small business lending products in India. One of the key challenges is, of course, that financial data is not necessarily collected or easily accessible.

Online 100

Online Lending Course Risk Management 100

PYMNTS

APRIL 30, 2018

and finance experts are celebrating with new data on the state of the entrepreneurial community. This week’s B2B Data Digest is all about small businesses in America, their financial hurdles and their outlook for the future. National Small Business Week is this week in the U.S.,

Taxes 144

Taxes America National Community 144

FluentBanking

JULY 3, 2021

Lenders were able to make a compelling profit through investments in the capital market during the first half of the current year Despite the disruptions caused by the ongoing Covid-19 pandemic, Bangladeshi banks have seen a rise in operating profits within the first six months of this year. There are currently 60 banks in Bangladesh.

Operations 52

Operations Lending Capital Taxes 52

PYMNTS

MAY 27, 2016

Whether it’s a corporate carpooling service that offers a cheaper alternative to Uber or using Big Data to heighten the ROI on hiring efforts, the B2B startups that earned VC this week all impact their corporate customers’ bottom lines in one way or another. SME Lending. Konfio is one of them. Financial Advisory Services.

Capital 100

Capital Management Taxes Security 100

PYMNTS

MAY 18, 2018

Find out who raised the money, and other winners of this week’s B2B venture capital roundup, below. Endeavour Catalyst and Satya Capital also participated. This week, the firm revealed $27 million raised by Atlas Venture, Khosla Ventures and Top Tier Capital Partners. Data & Business Intelligence. Blockchain.

Fintech 134

Fintech blockchain Analytics Capital 134

CB Insights

OCTOBER 21, 2018

Download the free report for a data-driven look. Top Deal: Ant Financial raised an unprecedented $14B Series C in Q2’18 that included General Atlantic, Warburg Pincus, GIC, Sequoia Capital China, Silver Lake Partners, T. Rowe Price, Temasek Holdings, and Primavera Capital Group, among others. Business Lending & Financing.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

MAY 1, 2019

’s Bank Referral Scheme, part of the government’s array of initiatives to expand access to capital for small businesses, has been marred by controversy and criticism since it first came into effect in late 2016. But the scheme faced some of its harshest attacks yet at the hands of the Corporate Finance Network, a U.K.

Policies 148

Policies Capital Lending Report 148

PYMNTS

JANUARY 17, 2019

As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. Employees and a shifting talent landscape have introduced the demand for payroll flexibility. ” In the U.S., ”

Capital 173

Capital Tools Survey Management 173

Independent Banker

MARCH 31, 2022

Derek Williams: My biggest concern is the Consumer Financial Protection Bureau’s (CFPB) Small Business Data Collection rule and its potential negative impact on our ability to meet legitimate small business borrowing needs, including additional costs and privacy issues. Terry Jorde, Senior executive vice president and chief of staff, ICBA.

Community Bank 239

Community Bank Community Industry Texas 239

Abrigo

JANUARY 27, 2017

The good news for financial institutions that see SMB lending as a crucial part of their loan portfolio growth strategy is that small businesses are in need of capital. Access to Capital 2. Small businesses are an important market for growth-oriented banks and credit unions. Good Deal 5.

Online 150

Online Capital Software System 150