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Daylight Losing Time: How Changing The Clocks Hurts Retail

PYMNTS

However, the stakes can be much higher for retailers, as the length of a day can have a dramatic impact on how much (or how little) foot traffic they get. The institute found similar results in San Diego and Denver. percent, while retail stores overall suffered a 4.8 The Case Against DST. percent drop.

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Western Union Discovers New Ways for an Old Business

Bank Innovation

And when you’re a company that’s more than 165 years old, trying to be innovative and fresh can be tricky, which is why cross-border money transfer company Western Union teamed up with the Denver, Colo.-based based fintech […].

Denver 150
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Lending Focus – Interest Rate Sensitivity and Credit Accuracy. If you look back over any recession, it is the two years prior when banks make 80% of their lending mistakes. Many banks, for example, are still hyper-competitive in multifamily lending. Sectors like office, retail, and hospitality, are even worse.

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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

Small Business Administration (SBA) will recognize and honor the critical and life altering contributions of America’s moms and pops, manufacturing enterprises, Main Street retailers and entrepreneurs during National Small Business Week. Tune in all week for live-streaming , beginning at 7:30 p.m.

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Ripple Effects

Independent Banker

North Valley Bank operates in the North Denver Metropolitan area and serves primarily commercial clients. Our lending niche is construction (owner and non-owner) and real estate investment financing. Retail locations: Two. It is a great honor to be listed among the higher-performing independent community banks of America!

Denver 70
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CFPB announces new appointments to advisory groups

CFPB Monitor

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.”

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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

Census Bureau reports advanced estimates that retail sales were down 1.2% If you are a Risk Manager, you should be reviewing lending strategies to ensure customers are receiving the right treatment across the lifecycle and getting the help that is needed if debts cannot be fulfilled. from February 2023 to March 2023.

Trends 52