article thumbnail

Blockchain’s Inroads Through National Frameworks And Trade Finance

PYMNTS

Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. which aims to improve productivity in its trade operations by testing modules, such as Receivable Finance and Payment Commitment (Payment Undertaking),” said the release.

National 161
article thumbnail

Postmates To Deliver Free New Year’s ‘Hangover Remedy Kits’

PYMNTS

Those who miss getting their recovery kits on New Year’s Day (aka “National Hangover Day”) can still receive hangover help at Vita Coco food trucks beginning at 10 a.m. The branded trucks will be between Kenmare and Spring streets at Cleveland Place in Manhattan’s Soho neighborhood. on Thursday (Jan.

Cleveland 138
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Community banks most likely to approve small business loans

Abrigo

Over the first half of 2014, these banks, with an approval rate of just under 60 percent, beat out large national banks (31 percent), large regional banks (45 percent) and online lenders (38 percent). Its goal was to capture the perspectives of small businesses with less than 500 employees across ten states.

article thumbnail

Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”. Ontario (L.A.), Oklahoma City, and Memphis. It is only part of a stepped-up marketing effort. “We

Company 130
article thumbnail

How The NBA, NHL And NFL (But Not The MLB) Plan To Come Off The Bench Following COVID-19

PYMNTS

Thus, the season is already over for Atlanta, Charlotte, Chicago, Cleveland, Detroit, Golden State, Minnesota and New York. The National Hockey League (NHL) is committed to returning to play, but its plan for full reopening remains fluid. 1 rather than the usual October. The seeding game will determine which teams get playoff berths.

New York 132
article thumbnail

ORACLE: Swinging the Bat in Cloud Services

Celent Banking

OBP and FlexCube continue to compete in the global core banking systems market on their own terms — with OBP having some recent success as a foundation for a new digital banking platform for Key Bank (Cleveland) and as the foundation of a complete core replacement project at National Australian Bank (Melbourne).

Chicago 100
article thumbnail

The Future of Noninterest Income at Financial Institutions

Abrigo

To remain competitive, some of the nations’ largest banks have introduced new products. A recent study by the Cleveland Fed noted that traditionally, noninterest income is only 30% to 40% of small banks’ operating revenue, compared with over half of large banks’ revenue.