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Big Week Ahead For Retail Data

PYMNTS

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

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CRE risk management: Navigating hazards and opportunities

Abrigo

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

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What You Need to Know About Moody’s Banking Sector Review

South State Correspondent

The three risks are: 1) rising funding costs to erode profitability, 2) reduced capital at small banks compared to larger banks, and 3) elevated commercial real estate (CRE) credit risks. By relying on retail CDs, banks cannibalize their lower cost of retail funding and increase their deposit beta.

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The pro-cyclicality of capital ratios and credit supply, a tale of two sizes

BankUnderground

Mahmoud Fatouh Small banks tend to have more specialised business models, likely focusing on commercial and retail banking activities, and show limited interconnectedness to other financial institutions. Additionally, regulators in various jurisdictions have been trying to create simpler (but not weaker) regulatory frameworks for small banks.

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Today In Payments Around The World: Stripe Leads PayMongo's $12M Funding Round; ALDI To Pilot Digital Ordering At British Stores

PYMNTS

Stripe headed up the round, while current investors Global Founders Capital and Y Combinator participated with new investor Bedrock Capital. ALDI is taking another large step into the world of online shopping as COVID-19 reshapes the retail landscape globally. PayMongo has come off a funding round of $12 million.

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PYMNTS Daily Data Dive: US eCommerce Grows But Retail Needs Support

PYMNTS

ECommerce sales were better than expected in Q2 but dipped in the third quarter, according to Internet Retailer. Non-store eCommerce sales for the three-month period June to August showed an increase of almost 12 percent compared to the previous year, according to the Monthly Retail Trade Report.

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How An Online Automotive Deal Is Fueling A Retail Trend

PYMNTS

Those two retail trends have recently collided in Southeast Asia, where Carro, an automotive marketplace and financing provider, reportedly has bought Jualo, an online marketplace for used goods from some 300 product categories. According to the report , the deal comes as Carro raised some $30 million in fresh capital. Retail Waste.

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