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In B2B, FinTech And Banks Eye (And Serve) SMB Capital Needs

PYMNTS

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels.

Capital 122
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Commercial Landlords Pinched As Retailers, Theaters, Gyms Skip Rent Payments

PYMNTS

We have tenants that pay in Texas and have not paid in New York,” Shane Garrison , chief operating officer of Retail Properties of America, told the Financial Times on Friday (Nov. Spirit Realty Capital told FT that it had collected just 12 percent of the rent owed by movie theaters last month.

Retail 152
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Ag lending risk increasing as result of declining incomes

Abrigo

“Although loan volumes have increased steadily since 2011, recent increases have coincided with a period of declining farm income,” said a recent report from the Federal Reserve Bank of Kansas City. The report noted that since 2012, crop cash receipts have declined by more than 20 percent, according to the USDA.

Lending 150
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Acquire or Be Acquired 2023: Disruption ‘Comes Home’ to Banking

Gonzobanker

Digital Transformation – More Digital Than Transformative As bankers shared notes on recent technology investments, it is clear that there has been more digitization of how bankers already do business rather than a rethink of how to create a customer experience and operate the business with new tools and capabilities.

Arizona 148
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

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.”. Ontario (L.A.), Oklahoma City, and Memphis. It is only part of a stepped-up marketing effort.

Company 130
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How to stress test your ag portfolio

Abrigo

The report, from the Federal Reserve Bank of Kansas City , stated that demand could remain high since futures markets for fall crops show prices are likely to remain low because of the potential for another record harvest.

How To 150
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Why AI Risk Tech And Banks Could Be A Match Made In Heaven

PYMNTS

Today, Upstart is a profitable firm, which means it didn’t need to raise $50 million to fund operations. Banks, Girouard said, are natural partners for Upstart, because as competitors they will always carry a massive advantage to the race that he said any startup would be hard-pressed to overcome — low cost of capital.