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CRE risk management: Navigating hazards and opportunities

Abrigo

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters.

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Wardrobe: Recommerce Meets The Sharing Economy In Bid To Become The ‘Airbnb of Fashion’

PYMNTS

That’s the oversimplified view of the business model adopted by Wardrobe , a new kind of peer-to-peer fashion rental company that on Tuesday (Sept. 8) is breaking out of its New York City beta test and into a nationwide launch. That also means no money needed to buy, store and manage inventory.

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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. 2nd Address. ANNA Money.

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Luxury Retail Finds New Avenues As Brick-And-Mortar Fades

PYMNTS

One of the latest, ongoing trends is the rise of online luxury resale commerce. The company has raised a total of $288 million in funding from venture capital and private equity backers, including Great Hill Partners, Greycroft, PWP Growth Equity, Sandbridge Capital, Industry Ventures and Canaan. Indeed, in its recent U.S.

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Rescuing The Restaurant Business From App Decline

PYMNTS

Currently exiting beta in New York City, Fahmy’s new company, DineVite, claims to put the discounts back where they belong — with the restaurant owners. The model for the DineVite online and mobile app is actually similar to social media. It’s a new concept that means both parties win.”.

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Target Beats The Street As It Attempts A Turnaround

PYMNTS

Sales during Q2 managed to come in ahead of analyst estimates, and the retailer boosted its earnings forecast for the rest of 2017. percent on the news. percent during Q2, pushed largely by a 32 percent increase in online revenue and a 2.1 It also plans to broaden a same-day delivery service outside of New York City.

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Grocery Roundup: Ahold Delhaize Acquisition, Another Toilet Paper Rush And A SNAP Explosion

PYMNTS

Dutch global grocery conglomerate Ahold Delhaize — the firm behind grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect in an attempt to up the level of its digital grocery offerings amid the online shopping surge created by COVID-19. “We Farmstead Picks Up $7.9M