PYMNTS

FEBRUARY 7, 2019

“The vast majority of small businesses will enjoy the benefits of the full 20 percent deduction,” said NFIB Senior Vice President of Public Policy and Advocacy Brad Close in an interview with The New York Times in January. said ZipBooks Co-Founder and Chief Operating Officer Jaren Nichols in a statement announcing research at the time.

Taxes 122

Taxes Lending National New York 122

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions.

Report 195

Report Risk Management Capital Data 195

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M.

Online 100

Online New York Lending Regulation 100

PYMNTS

APRIL 26, 2017

Online lending as a business model has taken some lumps over the last several months, with Lending Club (and investors) only the most visible casualty of alleged fraud. As for questions surrounding the viability of these online lending platforms, as posited by Webster, Moore said the model exists as one that is here to stay.

Lending 101

Lending New York City Online Fraud 101

PYMNTS

AUGUST 20, 2020

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? They are also too large to get funding through programs solely focused on small business lending.

Maine 218

Maine Lending Pennsylvania Boston 218

PYMNTS

DECEMBER 13, 2019

Venture capital (VC) is far from the only funding source for B2B FinTechs. Despite a growing array of options, venture capital remains a solid funding source for B2B FinTechs, with this week’s roundup accumulating $104.4 The solution provides a short-term working capital solution by financing unpaid invoices at a discount.

New York 130

New York Capital Fintech Leadership 130

PYMNTS

JANUARY 29, 2020

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. “We have seen small businesses destroyed by online lending.” “We have seen small businesses destroyed by online lending.”

Lending 136

Lending New York Online New Jersey 136

PYMNTS

JULY 2, 2020

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. ” Capital On Tap Enables Receipt Bank Card. Capital on Tap wields the commercial card to connect small and medium-sized businesses (SMBs) to financing.

Cards 208

Cards New York Capital Compliance 208

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Lending Focus – Interest Rate Sensitivity and Credit Accuracy.

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

APRIL 8, 2020

In an announcement on Wednesday (April 8), New York-based Vroom and Santander of Texas said the “preferred lending relationship” is designed to enhance Vroom’s customer experience with streamlined financing and competitive rates. The firms said their new tie-up will make it easier for Vroom customers to get a car loan.

Texas 141

Texas New York Lending Customer Experience 141

PYMNTS

AUGUST 7, 2019

has small businesses struggling to pay bills on time, The New York Times reported Tuesday (Aug. Some businesses are so desperate for capital that they sell those commercial acceptance bills for less than they’re worth, reports said. China’s economic slowdown and the increasing severity of its trade war with the U.S.

New York 101

New York Capital Lending Report 101

PYMNTS

SEPTEMBER 18, 2018

In the last three years, ADGM has been building a globally connected platform to support financial intermediation and facilitate capital flows for all companies, including startups and [small- to medium-sized enterprises (SMEs)],” ADGM Chairman Ahmed Al Sayegh said. While In New York, New York….

Fintech 166

Fintech New York US National 166

PopularBank

JUNE 10, 2021

New York, NY – June 9, 2021 – Popular Bank, a subsidiary of Popular, Inc. We greatly appreciate BauerFinancial’s five-star rating,” said Manuel Chinea, Chief Operating Officer, Popular Bank. Premier Rating Firm BauerFinancial Recognizes Popular Bank as a Superior Financial Institution with Five-Star Rating.

New Jersey 98

New Jersey New York Florida Community 98

PYMNTS

SEPTEMBER 28, 2020

He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm.

San Francisco 139

San Francisco New York City Houston Dallas 139

PYMNTS

AUGUST 11, 2017

“[Access to credit] is especially critical to these young firms who need funds to weather initial costs and grow,” Claire Kramer Mills, an assistant vice president at the Federal Reserve Bank of New York, said in a statement. We heard about Working Capital and called PayPal,” Lightman said. And they did.

Lending 117

Lending Capital Video Online 117

PYMNTS

MAY 31, 2019

Speaking at an investors conference in New York, the executive said he was “not convinced” that faster payments “are going to take off like crazy. PayPal Hits $10B SMB Lending Milestone. Visa CEO Throws Shade On Real-Time Payments. Does the consumer really need the funds that much faster?”.

Lending 122

Lending Payments Apple social media 122

PYMNTS

APRIL 27, 2020

On Monday (April 27), The New York Times reported that well-funded startups, some of them flush with recent investment rounds, had also applied and received federal loans under PPP. They are doing it because they can,” said Chris Olsen, a venture capitalist with Drive Capital Partners in Columbus, Ohio, in an interview with the Times.

Columbus 149

Columbus Ohio Capital New York 149

PopularBank

JUNE 1, 2021

Popular Bank Senior Vice President and Head of Commercial Banking Ken Mitchell joined fellow industry leaders to discuss commercial real estate insights during the virtual Mortgage Bankers Association of New York ( MBA of NY ) Lender Roundtable on May 11, 2021. Identifying Commercial Real Estate Lending Bright Spots.

New York 52

New York New York City Lending Industry 52

PYMNTS

FEBRUARY 7, 2020

According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S. The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources.

Austin 131

Austin Lending Omaha New York City 131

PYMNTS

DECEMBER 15, 2017

Today in PYMNTS’ data, small- and medium-sized businesses (SMBs) have won the alternative financial venture capital (VC) funding rounds, millions of SMBs are in operation in the U.S. — 30 million | Higher end estimation of the number of SMBs in operation in the U.S.

Data 109

Data New York City eBook US 109

CB Insights

JANUARY 20, 2022

The round drew participation from GGV Capital, American Express Ventures, Coatue Management, and Franklin Templeton, among others. New York-based Pinwheel helps fintech companies and financial institutions manage direct deposits, verify income and employment information, and streamline other payroll processes.

New York 51

New York Lending Fintech US 51

PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. Small business lending startup Lulalend is driving alternative finance growth in South Africa, and just announced $6.5

Capital 108

Capital Analytics San Francisco Lending 108

PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

Google 142

Google National Fintech Regulation 142

PYMNTS

NOVEMBER 22, 2019

Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. Venture Capital Funding. raised $10 million from SEB Bank and Seed Capital for its commercial card technology. Cardlay, based in the U.K., Also in the U.K.,

Strategy 109

Strategy Fintech Capital Lending 109

Abrigo

JUNE 25, 2015

During leaner years is often when the demand for ag loans increases , as it’s common for those full-time farmers to tap into their community bank to cover operating costs or invest is other lines of the agricultural business. The biggest name in ag lending is unlikely to be a surprise – John Deere Financial FSB.

Community Bank 150

Community Bank Sacramento Lending Wisconsin 150

PYMNTS

OCTOBER 17, 2017

According to news from Reuters , this latest round was led by Jefferson River Capital, LLC, the family office of Tony James, president and chief operating officer of private equity firm Blackstone. Blockchain startup Digital Asse t has brought in another $40 million in funding, bringing its total amount raised to $100 million.

blockchain 100

blockchain New York Maine Groups 100

Jeff For Banks

NOVEMBER 19, 2014

Her answer: lack of capital. But in strategic planning retreats that I moderate, community financial institutions insist that they lend to small businesses. The second chart shows the primary sources of capital. Given a community FIs lending proclivities, one would assume that small businesses borrow to finance a building.

Lending 93

Lending San Francisco Community Community Bank 93

PopularBank

MARCH 11, 2020

New York, NY – February 27, 2020 – Popular Bank, a subsidiary of Popular, Inc. We are very pleased to be once again recognized as a premier financial institution by BauerFinancial,” said Popular Bank Chief Operating Officer Manuel Chinea. Premier Rating Firm Recognizes Popular Bank Among Top Tier Financial Institutions. .

New Jersey 59

New Jersey New York Florida Lending 59

Gonzobanker

MAY 8, 2015

The annual LendIt conference was held last month at Times Square in New York City and GonzoLender descended boldly on the scene to evaluate the mysterious underbelly of digital lending. The lending attack on community banks and credit unions has been waged. LENDING VERTICALS. Consumer Lending.

Conference 60

Conference Lending Community Bank Community 60

PopularBank

OCTOBER 2, 2020

A Message from Popular Bank Chief Operating Officer Manuel Chinea. This year our small business clients faced and continue to navigate significant financial and operational disruption. And now, we are working diligently to help our commercial clients explore financing options through the CARES Act Main Street Lending Program.

Community 98

Community New York New Jersey Meeting 98

BankUnderground

JANUARY 27, 2021

One key message stands out: banks that are more rooted in their market are much more likely to continue lending when faced with the economic fallout from such shock. Banks with access to central bank liquidity continued or even expanded their lending. A pandemic or natural disaster can impact lending in several ways.

Lending 71

Lending Study Marketing Capital 71

PopularBank

OCTOBER 13, 2020

NEWARK, NJ and NEW YORK, NY – October 13, 2020 – Popular Bank , a subsidiary of Popular, Inc. The new investment vehicle aims to economically empower Black and Latinx business owners throughout the City of Newark. Backed by prominent Black and Latinx investors, NWK FAM Fund aims to raise $100 million total in investible capital.

New Jersey 52

New Jersey Community NJ New York 52

CB Insights

OCTOBER 21, 2018

Top VC Investor: Ribbit Capital is the top investor in Fintech 250 companies, having backed companies on the list including new 2018 unicorns, Nubank, Revolut, and PolicyBazaar as well as returning Fintech 250 companies Robinhood , Wealthfront , Gusto , Coinbase , Cross River Bank , and Upgrade. Business Lending & Financing.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

JANUARY 9, 2017

5) that it is integrating the solutions of Capify’s own small business financing operation — a move that, while not officially considered a merger, will see a merging of the two companies in some ways. Two alternative SME lenders are joining forces. Strategic Funding Source announced Thursday (Jan.

New York 100

New York Capital Industry Strategy 100

Jeff For Banks

DECEMBER 9, 2020

On October 29, 2020, the New York State Department of Financial Services (DFS) issued a letter to all depositories and non-depositories regulated by them regarding climate change and financial risks. Now you may be in full agreement with strong-arming financial institutions to not lend to coal burning utilities.

Lending 78

Lending Regulation Community National 78

Jeff For Banks

APRIL 25, 2014

September 2004, driving from a meeting in New York, on the grossly miss-titled Cross Bronx Expressway, Nathan Stovall, a reporter from SNL Financial gave me a call. The question: What was up with an upstate New York bank? Read: We need to be bigger and have more capital to keep up with regulation and the industry.

Community 93

Community New York Indiana Connecticut 93

Bank Innovation

MAY 31, 2016

Bisignano, the CEO of First Data, who pulled in nearly $52 million of total compensation last year, a whopping 454% year-over-year increase, according to new data from Equilar provided to The New York Times*. Read More.

New York 150

New York Data Operations Capital 150