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The Recency Trap and Building Deposit Balances

South State Correspondent

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. Recency Trap Experiment Of course, please don’t take our word for it. There is a reason for this.

Marketing 195
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EU Considers Tougher Rules On Big Tech Firms

PYMNTS

If the European Union (EU) gets its way, the 27-nation bloc will have the power to split or force the sale of giant technology companies that threaten smaller rivals and their customers. You have more flexibility for the smaller players, and of course when you become a systemic [bank] you have a [different] set of rules.".

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Retail Crisis In U.S., U.K. A Fizzle For 2020?

PYMNTS

These retailers — the surviving ones, of course — are in for an even rockier road if an economic downturn materializes. National Returns Day : The dawn of the new year heralds a spike in returns of unwanted gifts. The closures have come despite the continuing willingness of the U.S. consumers spent $462 billion.

Retail 131
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Profits in a time of inflation: what do company accounts say in the UK and euro area?

BankUnderground

The profit measure we use is earnings before interest and taxes (EBIT), which is a standard accounting measure. This measure naturally avoids some of the issues that distort the national accounting data, such as the inclusion of non-market income, tax and self-employment or mixed income. Dotted line is a linear trend.

Company 102
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Greenfield Opportunity Looms In India For Online Financing

PYMNTS

Rohit Arora, cofounder and chief executive officer of Biz2Credit, told PYMNTS that, given the wide berth occupied by SMEs in India, across a plethora of verticals, the initial demand would most likely come from the regional big cities in the country and the small businesses within those cities — most likely entrenched in services and technology.

Online 100
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Data Dive, The Bad, The Worse And The Ugly Edition: Store Closures, Coronavirus And Bitcoin

PYMNTS

And of course, the new year is roughly only a month old. Morgan Stanley Research Analyst Kimberly Greenberger said the second half of 2020 is expected to be especially challenging with the looming election — as shift and change in national leadership have some tendency to slow commercial activity because spenders get a bit spooked.

Bitcoin 132
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Location, location, location? How UK housing preferences shifted during the pandemic

BankUnderground

Changes in the UK housing market trends since the start of the pandemic To analyse trends in the housing markets during the pandemic, we examine differences in growth rates of housing prices across different regions of the UK, as well as across different types of housing (such as flats versus detached, semi-detached or terraced houses).