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Trade Tensions Send Bank Loans Dropping In China

PYMNTS

Market confidence has taken a hit due to the trade war , causing Chinese businesses to adjust their investment plans. Tax cuts and fee reductions have so far had little success. The China Banking and Insurance Regulatory Commission (CBIRC) released new guidelines in March aimed at getting banks to increase lending to small businesses.

Lending 100
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Facebook Q2 Earnings Preview: Ad Sales, Libra To Affect Growth

PYMNTS

The settlement also included guidelines for how the company should handle its users’ privacy in the future. Libra is running into reticence internationally as monetary organizations all over the world are raising concerns of regulatory obstacles and tax challenges. Facebook will release its second-quarter earnings report at 5 p.m.

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Food for Thought: A Policy on Credit Exceptions

Abrigo

If actual practices vary materially from the written guidelines and procedures, the source of this discrepancy should be identified, and either actual practices or the written policy should be changed. and property tax payments. a significant capital injection into the borrower, or other collateral such as liquid assets).

Policies 195
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The Fintech 250: The Top Fintech Startups Of 2018

CB Insights

The market map below categorizes the Fintech 250 companies based on core area of focus. 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.

Fintech 78
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DiversyFund Review: For Investors Focused on Real Estates

MyBankTracker

Real estate can act as a hedge against inflation and market volatility. REITs offer the tax benefits of owning property without having to play landlord. Property investments span different markets across the U.S., Are Tax-Loss Harvesting and Automatic Rebalancing Included? This REIT invests in multifamily real estate.

Taxes 52
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The Blockchain Wave Isn’t Always Smooth Sailing

PYMNTS

More big names strengthened their blockchain ties this week, too, including IBM and the venture capital arm of Comcast, Comcast Ventures, which announced their support for a new blockchain accelerator, MState. Reports said the group will focus on legal guidelines for the controversial ICO and for blockchain companies in general.

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Can APIs Fast-Track B2B X-Border Payments?

PYMNTS

The global peer-to-peer (P2P) transfer and remittance market has grown to well over $1 trillion, thanks to the glut of P2P money transfer apps making domestic and cross-border payments easier and faster than ever. market, where the company has already processed $3 billion in transactions since its launch last year.

Payments 109