article thumbnail

10 Big Bank Marketing Lessons from the ABA Bank Marketing Conference

South State Correspondent

Last week, the American Banking Association (ABA) held its annual Bank Marketing Conference in Denver, receiving rave reviews. The theme was – developing your marketing superpowers. Amid the brewery networking, superhero costumes, and fun, some fantastic bank marketing lessons were had, and not just for bank marketers.

article thumbnail

Credit administration department housekeeping: Practical steps for improvement

Abrigo

Takeaway 3 Credit analysts need training to understand the working capital cycle, look for hidden risks, and be aware of accounting changes. Develop talent Train and educate credit administration staff Credit analysts are the backbone of any credit process, yet their education and training are often overlooked or underprioritized.

Training 195
Insiders

Sign Up for our Newsletter

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

article thumbnail

What Might Stop the SPAC Train in its Tracks?

PYMNTS

And another SPAC comes to market. And so the question looms as to whether the special purpose acquisition company (SPAC) will be the backdoor entry to the public markets. BarkBox appears to be in line to go public via a merger with a special purpose acquisition company or SPAC for short. billion deal. But there’s a big “if” involved.

Training 203
article thumbnail

eWallets Don’t Make Money, Says Mandiri Capital Chief

PYMNTS

The CEO of PT Mandiri Capital Indonesia, the venture capital arm of PT Bank Mandiri, said the only way digital payment platforms can ever make money is by acting as a sort of portal into other services, otherwise it’s “just a cash-burning exercise,” according to reports. Many companies see the cash loss as a necessary way to grow.

Capital 141
article thumbnail

Market Commentary: Week of May 9, 2022

SWBC's LenderHub

Back in an era for the NFL where defensive players could do just about anything they wanted, a 275-pound freight train by the name of Leonard Marshall drove his helmet straight into the back of 49er quarterback Joe Montana. That is the best way I can describe the financial markets last week.

Montana 146
article thumbnail

Tonal Raises $120M For Connected Fitness Growth

PYMNTS

17) that it has raised $120 million in a second round of venture capital funding. This new capital will allow us to accelerate our marketing initiatives while scaling our supply chain so that we can change even more people’s lives through the power of strength training," Tonal CEO Aly Orady wrote in a blog post.

Training 220
article thumbnail

Small business lending insights Vol. 1

Abrigo

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

Lending 221