South State Correspondent

OCTOBER 12, 2023

Let’s take four loan choices: These are all real-life examples, actual probabilities of defaults (PODs), real risk-adjusted returns on capital (RAROC), and represent actual choices banks had to make. These preferences break down as such: Bank A: Muni > Industrial Owner Occupied (OO) > Hospitality > Retail.

Resources 195

Resources Strategy Capital Industry 195

PYMNTS

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. They and others have succeeded because they entered the market independent of traditional retail, and because their business model fit the needs of the pandemic.

Retail 295

Retail Branding Minneapolis Trends 295

Bank Innovation

FEBRUARY 18, 2020

billion in costs and reallocates capital away from underperforming units. HSBC, a global bank with $2.7 trillion in assets, is blazing a new path for its U.S. business as it cuts $4.5 The top-10 global bank reported Tuesday that in 2019, net profit fell 53% to $6 billion, while pre-tax profits fell 33% to $13.3 […].

Strategy 243

Strategy US Taxes Capital 243

PYMNTS

JUNE 15, 2020

The pandemic’s harsh impacts on retail continue to show themselves as brands report plummeting quarterly earnings and eye additional store closings. Inditex revealed what could be a blueprint for a novel online-offline model , while Ulta Beauty appears to be mulling the same strategy. 1 to April 30 due to the pandemic. €1B

Retail 150

Retail America Data Strategy 150

PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization.

Community 269

Community Retail Strategy National 269

PYMNTS

JANUARY 19, 2021

Chuck Huang, founder and CEO of Citcon , explores how the pandemic has prompted retailers to capitalize on the surge in demand for contactless, digital payments. "As Progressive retailers have paved the way for this with email collection at registers, enabling them to connect their customers’ behavior in-store with them online.

Retail 211

Retail Payments Online Marketing Strategies 211

PYMNTS

JANUARY 12, 2021

As reported , Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said on Monday (Jan. 11) “bring together Walmart’s retail knowledge and scale with Ribbit’s FinTech expertise to deliver tech-driven financial experiences tailored to Walmart’s customers and associates.”.

Capital 155

Capital Fintech Retail Tools 155

Abrigo

APRIL 25, 2024

Takeaway 3 With lower interest rates nowhere in sight, lenders need to monitor and adjust lending and underwriting strategies based on their own institution’s credit risk profile. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

Lending 221

Lending Trends Capital Strategy 221

PYMNTS

FEBRUARY 6, 2018

Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. The store marks a milestone for Team USA: It’s their first in-person retail store outside the Olympic Training Center in Colorado. Retail Gold. The Economics.

Retail 118

Retail Strategy New York City Los Angeles 118

PYMNTS

DECEMBER 28, 2020

The dreaded returns season has hit retail with a predictable but painful thud. With Mastercard putting a 49 percent tag on the eCommerce spike for the holidays, this year will be the toughest on record for handling what is a resource- and capital-intensive task. In the brick-and-mortar retail era it was a nuisance to be avoided.

Customer Experience 216

Customer Experience Retail America Branding 216

PYMNTS

JUNE 25, 2020

One of the new truisms of pandemic-era retail is this: If a retailer was in trouble before COVID-19 , that trouble will be magnified because of it. The retailer expects to save approximately $365 million in fiscal 2020 and approximately $630 million on an annualized basis. billion in new financing, could stabilize the company.

Retail 141

Retail Strategy Meeting Groups 141

ABA Community Banking

JANUARY 22, 2024

The move to MDI status is part of the 130-year-old bank’s pivot to serving its community more deeply while building its capital base to support growth. The post Podcast: MDI status helps a mutual bank supercharge its strategy appeared first on ABA Banking Journal. On the latest episode of [.]

Strategy 52

Strategy Community Capital Community Bank 52

PYMNTS

MARCH 27, 2020

The divide between essential and non-essential retail grows bigger by the day as deep discounters and dollar stores continue to add stores, employees and revenue during the COVID-19 crisis. We’ve had pretty much 100 percent cancellation from all major retailers,” he said , naming Macy’s Inc., Nordstrom Inc., TJX Companies Inc.

Retail 130

Retail Capital Groups Community 130

PYMNTS

MARCH 12, 2020

For retailers looking at stockouts, empty stores and the worst still to come, talk of recovery might seem premature. Retailers should first understand that the most stress is likely being placed on front-line employees and, if applicable, customer service reps. “All things must pass,” as George Harrison said.

Retail 131

Retail Resources America Software 131

South State Correspondent

AUGUST 21, 2023

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.

Community Bank 195

Community Bank Community Capital Analysis 195

PYMNTS

DECEMBER 18, 2020

The company said that malicious actors are moving away from the usual “spray and pray” strategy that entails conducting dozens or hundreds of lower-value transactions with stolen payment data, and are instead making fewer and larger attacks. Digital fraud is a longstanding issue for retailers and banks.

Report 333

Report Fraud Strategy Retail 333

PYMNTS

JULY 16, 2020

All four companies — as well as other retailers — are fitting into the framework of a platform PYMNTS calls Digital 3.0 So far, retailers have done a decent job here. The retailers mentioned at the beginning of this piece have taken a stance on health that should have been taken by federal and local governments.

Retail 155

Retail Apple Examples Marketing Strategies 155

PYMNTS

NOVEMBER 1, 2018

Deutsche Bank, the German bank, has seen Hudson Executive Capital, the hedge fund run by JPMorgan Chase’s former Chief Financial Officer Doug Braunstein, take a 3.1 percent stake, Hudson Executive Capital is now Deutsche Bank’s fourth largest shareholder behind HNA, the Chinese conglomerate that has a 7.6 With the 3.1

Capital 134

Capital Compliance Report Strategy 134

PYMNTS

JANUARY 8, 2021

Unfortunately, this has created an environment in which many SMBs are no longer viable candidates for traditional bank loans, though there are a multitude of alternative sources of capital, from FinTechs to government aid programs at both the state and federal level.

Strategy 231

Strategy Community Maine Lending 231

CB Insights

MARCH 28, 2023

Founded in 1857, Spain-based Santander is one of Europe’s largest multinational banks, with a market capitalization of around $60B, and a long history in retail, business, and commercial banking. Santander currently has 102M customers and over 14,000 branches worldwide, including the US, Europe, and Latin America.

Strategy 61

Strategy Fintech Capital Customer Experience 61

PYMNTS

APRIL 17, 2019

In a press release , the company said the Series B round of funding was led by Craft Ventures, the venture capital fund co-founded by serial entrepreneur David Sacks. Returnly said it will use proceeds from the fundraising to help retailers compete against Amazon by growing its merchant services and expanding its product offering.

Retail 134

Retail Customer Experience Capital Strategy 134

PYMNTS

SEPTEMBER 22, 2020

But the eCommerce trend for personal care, packaged foods and beverages has led CPG companies to advertise on supermarket and other retail sites in order to be where the shopper is, and to encourage sales through online channels. The new emphasis on digital has also led to more collaboration with retailers.

Company 140

Company Capital Resources Retail 140

PYMNTS

MARCH 8, 2019

challenger Starling Bank is moving forward with plans to introduce business lending services, reports in Specialist Banking said this week, with the bank revealing new details about its strategy. Last month, Starling announced that it secured £60 million in venture capital, with the Series C funding led by Merian Global Investors.

Lending 118

Lending Strategy Capital Groups 118

Bank Innovation

SEPTEMBER 9, 2019

For Personal Capital, the path to scale is to go broad. As a result, the Redwood Shores, Calif.-based based hybrid adviser, which has $10 billion in assets under management, is bringing together investing, banking and personal finance management for the largest possible swath of users regardless of portfolio size.

Strategy 170

Strategy Capital Management Retail 170

PYMNTS

JULY 7, 2020

To form a direct-to-consumer (DTC) online commerce strategy, Kidd & Company, LLC and T-street Capital, LLC have joined forces by creating a holding company focused on buying companies called Brand Holdings, LLC. The firms unveiled their first purchase, Dr. Emil Nutrition, in a Tuesday (July 7) announcement.

Company 130

Company Capital Branding Leadership 130

BankUnderground

APRIL 28, 2023

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. Although capital standards existed before 2010, they were significantly weaker.

Capital 84

Capital Lending US Data 84

South State Correspondent

MAY 31, 2023

The advent of generative artificial intelligence is about to shift branch strategy again to re-raise the question – how can we get the most out of our branches? As such, banks should use the branch purposefully, leveraging a specific strategy built around human interaction. Strategy drives tactics, and tactics can drive success.

Data 195

Data Branch Strategies Strategy Mobile 195

PYMNTS

JULY 21, 2017

No longer are retailers working with marketers to figure out a way to mass market products and services. With the advent of connected devices in the palm of almost every consumer’s hand, the retail ecosystem has certainly seen a shift. Through this omnichannel experience, retailers have more ways to connect with consumers.

Retail 137

Retail social media Customer Experience Boston 137

PYMNTS

JULY 23, 2019

Truckers play an important role in shuttling deliveries across country to retailers and merchants, handling 71 percent of the freight tonnage moved in America in 2017.

Retail 131

Retail System Payments Resources 131

Bank Innovation

JULY 9, 2019

Capital One is determined to turn its digital assistant Eno into an affable, personal finance watchdog to build loyalty between the brand and its cust.

Capital 150

Capital Branding Innovation Strategies Strategy 150

PYMNTS

JUNE 20, 2019

Now, it has begun to tap into other offerings from the eCommerce retailer for marketing. Bestore Head of eCommerce Huang Xiao said, according to the report, “With the partnership, our strategies are more focused, sales behaviors are more targeted and resources are better allocated.”

Retail 100

Retail Data Groups Resources 100

Bank Innovation

AUGUST 6, 2019

Expansion to the two Oceana markets were added are at the behest of Commonwealth Bank of Australia, Australia’s largest retail and commercial bank. Klarna, flush with $460 million of new equity funding, is planning to conquer New Zealand and Australia, not just the U.S.

Strategy 170

Strategy US Retail Marketing 170

Bank Innovation

MAY 30, 2018

Citigroup has a digital-heavy, branch-light business approach that extends beyond its National Digital Bank platform (announced in March and currently in testing phase), according to Stephen Bird, CEO of Citi’s Global Consumer Banking.

Strategy 249

Strategy National Digital Banking America 249

PYMNTS

JUNE 14, 2019

However, in the 2019 Retail Banking Report, a study by Reputation.com that analyzed online data relating to retail banking locations for 23 major U.S. At a high level, retail banking didn’t score as well as other industries with a 341, 174 points lower than retail’s 515.

Retail 103

Retail Study Online Mobile 103

Banking Exchange

MARCH 4, 2020

The bank is closing 37 branches and investing in a ‘tailored, personal and accessible’ service for clients Bank Performance Technology Retail Banking Checks/Remote Deposit Capture Cards Profitability Feature3 Survival Strategies Fintech Feature Management Financial Trends Customers Community Banking.

Capital 78

Capital Online Community Bank Community 78

PYMNTS

NOVEMBER 8, 2018

With some granular insight into revenue contribution, subscription and services-based growth was driven primarily by Instant Deposit, Cash App — where CEO Jack Dorsey said users have been using the offering as a bank account, or conduits for payroll and peer-to-peer activity — Caviar, and Square Capital.

Capital 181

Capital Conference Bitcoin cryptocurrency 181

Bank Innovation

OCTOBER 25, 2019

In this episode, Suman Bhattacharyya, deputy editor, and Angely Mercado, associate editor, discuss the following news developments: Canadian venture firm Luge Capital’s approach to fintech investments; How banks are navigating Zelle’s UX as transaction volume grows; and […].

UX 170

UX Capital Fintech Video 170