PYMNTS

AUGUST 20, 2020

A new survey from Citizens Bank says businesses are jumping into the real-time payments opportunity. Embracing the opportunity to enhance existing payment rails, AscendantFX Capital announced recently its joining of the SWIFT network and adoption of its gpi service. Businesses Ready To Jump Into RTP. Visa Joins NACHA Pilot.

Groups 252

Groups Payments Survey Data 252

PYMNTS

OCTOBER 1, 2018

63 percent of SMBs sought a loan for working capital needs last year , including payroll, inventory and supplies, according to new data from S&B Global Market Intelligence. Nearly half of the small business borrowers surveyed said the main reason they haven’t used a digital lender is because they are unfamiliar with them.

Lending 115

Lending Survey Data National 115

PYMNTS

APRIL 27, 2020

As Bank of America CEO Brian Moynihan said on “Face the Nation” this past week, “It’s clear that between Congress, the administration and the American people, we need to get all these funded and not make this a foot race. Banks’ websites went down, and so did the Small Business Administration (SBA’s) sites. Just get the work done.”.

Columbus 149

Columbus Ohio Capital New York 149

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and global stock markets are also top concerns among entrepreneurs surveyed by the bank.

Taxes 144

Taxes America National Community 144

PYMNTS

MARCH 30, 2020

Today, nearly all SMBs (those that remain in operation, that is) have been forced to divert that sense of optimism into a battle for their survival. Already, in the space of those three weeks, 5 percent of the SMBs we surveyed reported closing their doors for good. A third (33 percent) aren’t sure they will. Nearly 30 (29.4)

Maine 232

Maine Data Capital Study 232

Independent Banker

NOVEMBER 30, 2022

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. We don’t operate from a position of fear.”. Grand Ridge National Bank.

Community Bank 169

Community Bank Community Montana Leadership 169

PYMNTS

MAY 2, 2016

aren’t taking full advantage of resources and services provided by national and local governments, a new report from Fifth Third Bank has found. It’s OK to have a portion of your personal wealth in your business, but you shouldn’t drain your savings or create excess debt to fund daily business operations,” he stated. “By

Resources 100

Resources Community National Capital 100

Abrigo

JULY 15, 2015

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice. The advantage of working capital is obvious to some degree.

Management 150

Management Resources Capital Taxes 150

PYMNTS

MAY 24, 2018

A new survey released this week by the U.S. It’s unclear, however, whether SMBs in other markets around the globe will feel the positive effects of FinTech in their own global trade operations. Federal Reserve finds small businesses are enjoying boosted confidence (and revenues). But how are SMBs faring on a global scale?

Survey 100

Survey Fintech blockchain New York 100

PYMNTS

AUGUST 20, 2018

Consider India, where EY estimates in a recent survey that in India, companies are finding it a challenge to navigate GDPR. As the research shows, 63 percent of respondents to the survey — those who were, in fact, aware of the mandates — were non-compliant.

Fintech 101

Fintech Survey Regulation Resources 101

PYMNTS

JUNE 21, 2016

According to a survey conducted by the chamber, there are negative effects of such legislative efforts , with businesses noting that they have been forced to increase prices for their customers as a result of regulatory impacts or have had to delay or cancel investments for growth. Last week, reports emerged that the U.S.

Survey 101

Survey Regulation Compliance National 101

Abrigo

JANUARY 22, 2015

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

JUNE 3, 2020

RH, which operates several online brands such as RH Teen and RH Ski House, and whose retail presence is also known as Restoration Hardware, is one of the most successful curators of luxury furnishings and décor. percent over 2018 to $2.647 billion, adjusted operating margins reached 14.3

Retail 130

Retail Online Marketing Study 130

PYMNTS

JANUARY 15, 2019

As many as 73 percent of those surveyed said that it remains difficult to gather the funding needed to get a business off the ground. 30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. And 61 percent of those queried said they self-funded their business.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

AUGUST 12, 2020

To gauge the economic health and vitality of local economies, one need look no further than the financial stability of the small and medium-sized businesses that line the main streets and side streets of communities across the nation. One of the digital tools in which Main Street SMBs show great interest is real-time merchant fund settlement.

Maine 183

Maine Survey Study Tools 183

PYMNTS

MARCH 12, 2020

PingPong did an exclusive survey of 500 merchants about their inventory level and sales expectation. More than half of respondents indicated that their total inventory in possession (FBA, in transit or received) will last less than two months, while close to 25 percent of those surveyed had inventory for less than a month.

Innovation 283

Innovation Policies social media Examples 283

PYMNTS

JUNE 6, 2019

Credit unions (CUs), meanwhile, are rarely the first point of contact for small businesses in need of capital or other financial services, according to a recent Federal Reserve report. percent of credit unions surveyed saying FinTech firms are their most important solution partners. government wants to change that.

Lending 129

Lending Analytics Data Security 129

Abrigo

JUNE 5, 2015

Sorrentino says, “As the backbone of the US economy, our nation’s growth depends on community banks figuring out how to operate in this ever-increasing regulatory environment. Sageworks is currently conducting our biennial Bank and Credit Union Examination Survey , which focuses on federal exam experiences.

Risk Management 150

Risk Management Community Bank Regulation Survey 150

BankUnderground

AUGUST 30, 2023

Profits versus excess profits: measurement and trends Measuring profits is a challenging task : national accounts data are affected by the ‘mixed income’ of self-employed, taxes and subsidies, and conflate two different dynamics: those of the market and non-market (real estate and public) sectors.

Capital 57

Capital Comparison Maine Industry 57

PYMNTS

NOVEMBER 27, 2018

So, access to capital isn’t just essential for these companies to survive — it’s critical for the economy to thrive. Nearly half of all small businesses surveyed plan to take out a loan in the next year, and nearly two-thirds anticipate a sales increase (only 5 percent expect their sales to decline).

Lending 159

Lending Fintech Capital Report 159

PYMNTS

DECEMBER 3, 2020

It is literally under new management since it was acquired by Inspire Brands in November 2019 — a portfolio firm for Atlanta private-equity firm Roark Capital that also owns Arby’s, Buffalo Wild Wings and (soon) Dunkin Donuts and Baskin Robbins Ice Cream. All brands that incidentally already have DoorDash delivery deals.

Branding 157

Branding Atlanta Survey US 157

PYMNTS

SEPTEMBER 14, 2016

referendum would impact the markets, but immediately after the nation voted to leave the European Union, it was too soon to decipher who got it right and wrong. This week, alternative lending platform C2FO published its most recent Working Capital Outlook Survey , released annually. Analysts quarreled over how the U.K.

Survey 100

Survey Trends Capital Lending 100

PYMNTS

MAY 18, 2017

It’s hardly a surprise: SME optimism has dominated headlines, with analysts linking the trend to President Donald Trump’s administration and plans to strengthen the national economy and focus on small business growth. In its second annual SMB Confidence Indicator , OFX’s survey of 500 U.S. is on the rise. the data revealed.

social media 100

social media Analysis United States National 100

PYMNTS

DECEMBER 12, 2016

“The good news,” said ThinCats Founder and Chairman Kevin Caley in a statement, “is this tightening of lending from banks has encouraged us to become a nation of peer-to-peer lenders, giving everyday investors the opportunities to make healthy returns through the emergent alternative finance sector.”. In the U.S.,

Survey 100

Survey Analysis Florida Lending 100

PYMNTS

NOVEMBER 2, 2020

In years to come, it’ll be hard to find anything as studied and surveyed as COVID-19’s effects on commerce. Contactless payments took wing in 2020 and, given the venture capital flowing into facilitating greater payments choice overall, it’s a safe bet that digital-first payments are here to stay.

Study 205

Study Cards Payments Innovation 205

PYMNTS

DECEMBER 3, 2019

But with recent investment by Blue Star Capital, the company is expanding into the B2B realm to address cross-border corporate payments hurdles. For global businesses, national borders are less and less relevant,” SatoshiPay CEO Meinhard Benn recently told PYMNTS. However, he noted, global payments friction runs rampant.

Payments 134

Payments blockchain Tools Meeting 134

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Leading the challenges for bankers responding to this year’s survey are increasing loans (56.1%) and increasing earnings (54%). What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

JULY 18, 2017

a complex market in which to operate, both for SMEs and their accountants and software providers. A recent survey from the National Federation of Independent Businesses found that “frustration over gridlock in Washington” forced SME optimism to dip last month.

Software 109

Software Taxes Capital Policies 109

PYMNTS

AUGUST 3, 2016

. “Hospitals and health systems must find new ways to streamline operations to remain financially viable.” ” According to Stephen Anderson, manager of business development for health care and education payment solutions with American Express, most hospital accounts payable operations remain manual. Former U.S.

Industry 100

Industry Analytics Payments System 100

PYMNTS

FEBRUARY 8, 2018

B2B payments are an instrumental component of global trade and of setting the stage for currencies to operate as global instruments of cross-border trade. Last month, China’s central bank took another step to improving the nation’s cross-border payments capabilities. RMB usage made up 1.61 RMB usage made up 1.61

Innovation 111

Innovation Payments blockchain Analysis 111

PYMNTS

MARCH 28, 2016

In Canada, new analysis from American Express found that the slew of factors outside national borders has chief financial officers in the country focusing their growth plans domestically. This, he noted, is also shaping how American Express and the FinServ sector are linking corporations to working capital. Staying Local.

Management 100

Management Capital Trends Tools 100

BankUnderground

NOVEMBER 16, 2023

Consistent with previous analysis of aggregate incomes , price indices and business surveys , we find no evidence of a rise in overall profits in the UK – prices have gone up alongside wages, salaries and other input costs. Bubble size is proportional to sectoral gross value added in the national accounts.

Company 105

Company Trends Policies Taxes 105

PYMNTS

APRIL 2, 2019

Microlending programs and products have mostly been associated with consumers in developing nations – particularly in sub-Saharan Africa – over the last decade. But what has gotten less attention – largely because the practice is less common – is how microlending operations play out in developed nations like the U.S.

Tools 126

Tools Study Los Angeles New Jersey 126

PYMNTS

AUGUST 8, 2017

regulators say late payments are jeopardizing the nation’s small- and medium-sized business community. According to a survey, 94 percent of businesses considered to be mid-sized — that is, those with more than 50 employees — say cash flow is impeded because of late payments. “There is no doubt that U.K. small businesses.

Payments 108

Payments Community Regulation Data 108

PYMNTS

DECEMBER 19, 2016

Data at the point of sale has allowed Square Capital to take off, mitigating loan risk by incorporating transaction information in its assessment of borrowers. Askuity found that more than half of survey respondents would like to use that insight for product performance tracking, promotions and merchandise assortment.

Data 100

Data Payments System Branding 100

Independent Banker

SEPTEMBER 25, 2014

In the past couple of years, regulators have become more interested in risk management, strategic and capital planning, succession planning, compliance (particularly Bank Secrecy Act compliance), third-party relationships and interest rate risk, according to David Baris, partner for BuckleySandler LLP in Washington, D.C. Virginia B.

Compliance 101

Compliance Regulation Community Bank Community 101

Independent Banker

JANUARY 28, 2016

Regulators also have been mentioning strategic operational risks more frequently, those risks associated with pursuing new business relationships, activities or models. IB: The Office of the Comptroller of the Currency has been citing a survey of national banks in relation to its most recent warnings about rising credit risks.

Community Bank 70

Community Bank Community Regulation Lending 70