Remove Capital Remove Innovation Remove Taxes Remove Technology
article thumbnail

One of commercial banking’s biggest challenges solved by Sageworks’ “Most Innovative” product

Abrigo

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.

article thumbnail

Investing In The Startups That Invest In Innovation

PYMNTS

The startups and small businesses that innovate aren’t just coming up with new technologies — they’re creating entirely new business models that, while progressive, can place increasing pressure on cash flow management for the enterprise. This is the type of market Venbridge has in mind. They have a huge need for cash.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Federal Debt May Impact Banking

South State Correspondent

However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model. While the US is, and will remain, the center of innovation and risk-taking, the economy will transition to fewer small businesses and more larger enterprises.

article thumbnail

Most Investors Would Put Tax Breaks Right Into Savings

Bank Innovation

investors is at its highest point since 2000, but most would still place any money from a (unlikely) tax cut right into the bank. While the majority of investors aren’t expecting a slash to their taxes, 47% of them would put the additional money towards improving their financial health, and only 8% […]. Optimism among U.S.

Taxes 170
article thumbnail

Tax Apps Drop While Credit Karma Retains Title

Bank Innovation

Maybe tax season has mobile users worrying about their credit history, or contemplating borrowing some cash? Tax worries seem to already be a thing of the past. Last week Credit Karma passed Chase Mobile to slip into first place on both Android and iOS platforms.

Taxes 150
article thumbnail

Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News

PYMNTS

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws. Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G.

Taxes 101
article thumbnail

WeChat, Alipay Partner QFPay Notches $20M For Payment Innovation

PYMNTS

Digital payments startup QFPay , the largest global partner of WeChat Pay and Alipay, raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners, TechCrunch reported on Tuesday (Aug. QFPay was founded in China in 2012 and is known for its QR code-based technology.