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B2B Lender Liberis Raises £32M

PYMNTS

Liberis , a London-based FinTech that lends to small- to medium-sized businesses (SMBs) for future credit and debit card sales, has raised £32 million (more than $42 million), according to City A.M. The FinTech has offices in Denver, London and Stockholm. It also has plans to expand its workforce by 30 percent.

Denver 131
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Now is that period. Develop a more innovative process.

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Data Architecture: 10 Reasons Why It Should Be In Your Strategic Plan

South State Correspondent

There were several critical strategy errors in Commodore’s history, most of them stemming from management not caring and taking the time to collect and analyze data. The company slowly pivoted to offering business computers but failed to realize that businesses don’t need high-end sound and graphic cards like gaming computers do.

Data 195
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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards. Credit card lenders are not only dealing with higher loss forecasts in 2023.

Trends 52
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. By Ed Avis.

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US Bankcards Industry Benchmarking Trends: 2022 Q4 Update

FICO

Increasing of the fed funding rates leads to higher interest rates when seeking new credit or carrying balances on credit cards. For example, the average interest rate on credit cards accruing interest in Q4 2022 was 20.40% compared to 16.44% in Q4 2021 (Source: Federal Reserve G.19 19 report on Consumer Credit).

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The Mother List of All Banking Books

Jeff For Banks

House of Cards: A Tale of Hubris and Wretched Excess on Wall Street 2009 William D. Manias, Panics, and Crashes: A History of Financial Crises 2005 John Jay Knox Knox, John Jay A History of Banking in the United States 2017 Timothy Koch Koch, Timothy Bank Management (8th ed.) Cohan Cohan, William D. Cohan Cohan, William D. 2014 John A.

America 78