PYMNTS

AUGUST 7, 2018

Traditional institutions are picking up steam in their efforts to collaborate with alternative financiers and FinTech firms, largely viewed as a way to spin the competition into allies and upgrade their lending services without the burden of in-house R&D. However, the Federal Reserve ‘s latest analysis of the U.S.

Lending 100

Lending Survey National Trends 100

PYMNTS

MARCH 22, 2017

According to the latest data out of auto lender Ally Financial, the auto lending segment seems to be encountering some engine trouble — brought on largely by rising defaults and falling used car prices.

Lending 100

Lending Taxes National Data 100

PYMNTS

JUNE 26, 2018

That’s how First Data ’s GM of Global Debit Solutions, Nandan Sheth , characterized the announcement last week that First Data and Mastercard had partnered so Mastercard business customers who use Mastercard Send could push real-time payments to debit cardholders using First Data’s Disburse-to-Debit solution.

Data 130

Data Taxes Payments System 130

PYMNTS

OCTOBER 8, 2019

This week’s B2B Data Digest dives into the latest surveys of U.S. The latest data also hints at the possibility banks may be feeling skittish about lending to small and medium-sized business (SMB) customers. PYMNTS breaks down the key data points from these reports below. 76 percent of U.S.

Survey 134

Survey Taxes Data Report 134

Abrigo

SEPTEMBER 20, 2023

Recognizing the gravity of the situation, the Financial Crimes Enforcement Network (FinCEN) identified fraud as a national priority. Robust software can swiftly analyze vast amounts of data, detecting anomalies and flagging potential check fraud instances. It's no longer a discretionary measure but an imperative one.

Fraud 195

Fraud Trends Cards Software 195

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., and finance experts are celebrating with new data on the state of the entrepreneurial community. But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too.

Taxes 144

Taxes America National Community 144

Independent Banker

MARCH 31, 2022

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. ICBA president and CEO Rebeca Romero Rainey echoes this sentiment.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

SEPTEMBER 18, 2020

The Chinese retail economy is on the comeback trail, lending optimism to the thinking that the U.S. Earlier this week the Chinese National Bureau of Statistics announced that August retail sales rose for the first time this year by 0.5 The cuts included tax exemptions, lower bank interest rates and reduced prices for utilities.

US 154

US Retail National Industry 154

PYMNTS

JANUARY 29, 2020

Last month, reports in The Wall Street Journal , citing Federal Reserve data, found that nearly one-third of U.S. As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. ” Knowing Their Options.

Lending 136

Lending New York Online New Jersey 136

BankUnderground

APRIL 28, 2023

The data I use bank-level data and GDP growth for the UK and the US. UK bank-level data comes from a confidential data set at the Bank of England and includes financial data on UK banks between 1990 and 2021. GDP data was collected from the Office for National Statistics and FRED® for the UK and US respectively.

Capital 80

Capital Lending US Data 80

PYMNTS

SEPTEMBER 6, 2019

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. This information is aggregated over time, allowing business users to obtain trend analysis data on customer payment habits. million was placed with B2B FinTechs this week.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

JUNE 7, 2016

With an eye on what could be called a true greenfield opportunity, alternative lending platform Biz2Credit is launching its small business lending products in India. One of the key challenges is, of course, that financial data is not necessarily collected or easily accessible.

Online 100

Online Lending Course Risk Management 100

PYMNTS

MAY 6, 2019

on Monday (May 6), banks and financial service providers are releasing troves of new data on how small businesses are managing money and preparing for growth. Below, PYMNTS breaks down some of the most important data points from a range of research reports on the state of the U.S. small business. Thirty-two percent of U.S.

Survey 115

Survey America Analysis Data 115

PYMNTS

JULY 31, 2017

Things got off to a bumpy start this week for Wells Fargo, with the revelation that it may have allowed an unauthorized release of the data on tens of thousands of clients’ bank accounts. According to reports, the data was accidently given to the attorney as part of an ongoing lawsuit. Or at least a less frustrating one.

Taxes 100

Taxes Data Security Report 100

PYMNTS

JANUARY 3, 2020

And, per data from the Centre for the Retail Research , the job losses could continue, without government intervention, to the tune of 171,000 positions this year. National Returns Day : The dawn of the new year heralds a spike in returns of unwanted gifts. That’s the worst reading in decades. According to stats, Jan.

Retail 131

Retail Samsung National Taxes 131

PYMNTS

AUGUST 22, 2016

That lost money is a result of the time used by small businesses to cut through that red tape to check, enter and reconcile banking data as they do their own bookkeeping. 7 months of SME lending declines hit Canadian market , found PayNet last week. From December to June of this year, small business lending levels have dropped.

blockchain 100

blockchain Lending Survey National 100

PYMNTS

JUNE 1, 2016

As the controversy around payday lending continues to swirl and questions about how and if low-dollar loans can be offered to low-income workers in a fair and low-cost manner are brought up more and more, a new potential source of such funds has started striding onto the field. The move comes as the American worker is facing leveled-up debt.

New York 100

New York Millennials Taxes Lending 100

PYMNTS

MAY 18, 2018

Co-founder and CEO Anish Achuthan told reporters that the funds will also be used to bolster Open’s existing platform, develop new products like lending and wealth management, and implement artificial intelligence and analytics into its offering. Data & Business Intelligence. Blockchain. Cambridge Blockchain. InsightSquared.

Fintech 134

Fintech blockchain Analytics Capital 134

PYMNTS

JULY 30, 2019

She pointed to the opportunities in open banking that sound familiar to other parts of the world where open banking initiatives have taken shape too: The model could boost competition and empower end-customers to retain control of their data and switch providers. Europe, U.S. and other areas where open banking initiatives are taking off.

User Experience 122

User Experience America Analysis Industry 122

PYMNTS

FEBRUARY 10, 2020

The jousting over eCommerce taxes — especially for U.S. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), is sent directly to an account held by the central government.

Taxes 175

Taxes Illinois Study Operations 175

PYMNTS

MAY 9, 2016

Dive into the data below to make up your own mind. . The majority reported feeling optimistic about their local economies, but less than half (43 percent) said the same about the national market. Entrepreneurs expect a big impact from the race and its outcome and, so far, are underwhelmed with the candidates.

America 100

America National Capital Survey 100

Gonzobanker

DECEMBER 17, 2021

Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

JULY 21, 2017

Based in India, Vayana wants to take advantage of the nations’ GST tax reform. With $4 million in Series A funding announced this week, the trade finance platform said it is looking to perpetuate the focus on digital invoicing and rising demand for trade-based financing in the country as SMEs adhere to new tax rules.

Management 100

Management Capital Taxes Security 100

Abrigo

JUNE 4, 2019

The Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Board of Governors of the Federal Reserve System (FRB), and the Office of the Comptroller of the Currency (OCC) have put out a joint statement addressing many frequently asked questions about the new standard. the incurred loss method).

Policies 186

Policies Capital Report FDIC 186

FICO

JUNE 1, 2023

The National Association of Realtors reported that sales of previously owned homes declined 2.4% These figures represent a national sample of approximately 130 million accounts that comprise FICO® Advisors’ Risk Benchmarking solution. Visa is predicting negative GDP in Q2 and Q3 with a return to growth in Q4 2023. by the end of 2023.

Trends 52

Trends Industry US Cards 52

TrustBank

DECEMBER 8, 2022

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. Morgan Chase institute ( Weathering Volatility: Big Data on the Financial Ups and Downs of U.S. What’s left is an estimate of personal savings.

US 52

US Policies Taxes Washington 52

Lex Sokolin

DECEMBER 25, 2019

Ethereum’s decentralized lending and trading are floating around 2,500 daily users. Notably, the exchanges do differ by where they store data and if/how they form order books. The lending product above is a bit more complicated. Other things like Compound are essentially a securities lending marketplace?—?you

blockchain 52

blockchain Bitcoin Software Lending 52

Independent Banker

APRIL 30, 2022

3-yr average pre-tax ROA. Brazos National Bank. Douglas National Bank. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. pre-tax ROA: 2.68%.

Community Bank 172

Community Bank Community Montana Taxes 172

PYMNTS

NOVEMBER 6, 2018

Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. With prescription drugs representing 92 percent of sales revenue, according to the National community Pharmacists Association, thinning margins — and frequent losses — from this side of the business can be fatal.

Capital 130

Capital Iowa Management Community 130

PYMNTS

JUNE 27, 2019

.” That lack of awareness can be damaging to the economy: An entrepreneur who fails to obtain a bank loan may give up on the business venture altogether, losing out on an opportunity to generate revenue, create jobs and contribute to the broader economy through tax payments. Localizing Capital. Bureau of Labor Statistics.

Capital 145

Capital Community Oklahoma Maine 145

Jeff For Banks

OCTOBER 19, 2012

Granted, the Federal Reserve is not the only presence pushing long term rates lower; weaker economic data and the flight to quality into Treasuries for safety during the European debt crisis lowered rates as well. Bhutan, a Buddhist nation between India and China, began calculating the Gross National Happiness, or “GNH,” Index in 1972.

National 79

National Security US Massachusetts 79

Filene

APRIL 4, 2016

Data Mined Auto Loans for non-prime borrowers - National Credit Union Foundation. This program employs sophisticated data mining techniques to identify households that may benefit from an affordable auto loan. JOB Program microfinance lending - Kingsville Community Federal Credit Union. The program has provided $2.1

Lending 28

Lending Community Data Washington 28

Jeff For Banks

MAY 9, 2015

I recently did a podcast for PrecisionLender regarding this subject for lenders entitled: Using Bank Data to Get Better Results. So I suggested using different measurements, such as coterminous spread, coterminous spread less provision, pre-tax portfolio profit, and ROE. That's right, I did a podcast. million in the current period.

Strategy 60

Strategy Taxes Lending Report 60

Independent Banker

JUNE 30, 2022

year-over-year increase in the first quarter of 2022, according to the National Association of Realtors (NAR). trillion, according to the Education Data Initiative. Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich. Click to enlarge. Plenty of tools in the box.

Community Bank 143

Community Bank Community Millennials Resources 143

Fintech Labs Insights

NOVEMBER 12, 2015

Other than Blackstone’s $820 million bet on what is likely the oldest financial technology company on the planet, NCR founded in 1884 as National Cash Register, just $82 million flowed to the under-100-year-old crowd. billion counting the Worldpay and First Data IPOs. Lending marketplace targeting Hispanic-owned small businesses.

New York City 12

New York City Company Fintech San Francisco 12

Gonzobanker

DECEMBER 19, 2017

Endless CRM and data management projects that shook our foundations and gutted our PMOs. The Real “Lending” Stock Award – Goes to longtime player LendingTree. Oh, by the way, that Fintech darling of two years ago Lending Club? The “Predicted Big Topic of 2018, But No Data to Support It” Award – Goes to Behavioral Economics.

Conference 101

Conference Industry Community Bank Community 101

South State Correspondent

JULY 25, 2022

Top Line Revenue & Lending. The sentiment is that banks have too much interest rate risk in their investment portfolios, taking away flexibility on the lending side. While the probability of default has continued to decreasefor most lending areas, loss given defaults has risen almost across the board. Real Estate Lending.

Trends 195

Trends Lending Marketing Capital 195