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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. at big banks.

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Deliverr Raises $7.1M In Venture Funding Led By 8VC

PYMNTS

According to reports citing the company, the Series A round of venture funding was led by 8VC, the venture capital company. Deliverr has ten warehouses in states including Texas, Missouri, Pennsylvania, Ohio, and New Jersey. Deliverr said it will use the funding to grow its team and ink more partnerships with more online retailers.

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Retail Enabler: CardinalCommerce Protects SMBs From Holiday Fraud

PYMNTS

Black Friday and Cyber Monday sales continue to increase year over year — while some project online holiday sales at $98 billion, new estimates from the National Retail Foundation project that this year’s online holiday sales could reach $117 billion. It also shifts liability in the case of chargebacks.

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Express Inc. Net Sales Drop 53 Pct Amid Pandemic

PYMNTS

reported “continued momentum” with its The EXPRESSway Forward long-term strategy, as a phased reopening of retail locations started on May 1. The retailer, however, reported that consolidated net sales dropped 53 percent to $210.3 Additionally, Express said it decreased its forecasted yearly capital expenditures by roughly $25 million.

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The Limited: Out With Stores, In With eCommerce

PYMNTS

The private equity owner of the Limited almost doubled its investment in the retailer, despite the fact that nearly all of the chain’s 250 stores are expected to be shut down after disappointing third quarter financial numbers last month. According to Fortune , Sun Capital Partners sent a letter to investors explaining that it had invested 1.8

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The Limited Brand’s Days Could Be Limited

PYMNTS

After disappointing third quarter financial numbers, clothing retailer The Limited may be be going in another direction. The Limited Stores told Internet Retailer in a statement: “After a detailed and thoughtful review, management has made the difficult decision to separate a number of associates at the company’s headquarters in New Albany.

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Installment Payment Platforms Can Solve Trade Credit Problems

PYMNTS

Automated AR tool adoption begins with sellers realizing that most buyers prefer online interactions. Installment plans have been rediscovered by the retail industry, with companies like Affirm, and Afterpay and blank becoming more popular with online merchants and shoppers. A majority (56.9

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