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Investing in America: 7 Strategies and 7 Tactics That Can Drive Business

South State Correspondent

By taking a leadership role, banks can assist customers and their communities and generate loans, deposits, and fees in the process. The breadth of these programs is massive and combines grants, tax credits, production incentives, tax relief, and private investment stimulus. For example, under the Tech Hub initiative by the U.S.

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Democrats? $3T Stimulus Bill Would Quietly Grant Cannabis Firms Access To US Banking System

PYMNTS

In perhaps the most visible example, the Paycheck Protection Program (PPP) has aimed to provide more than $600 billion in forgiveness loans to small and medium-sized businesses (SMBs) – but some verticals have been excluded.

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CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities

PYMNTS

We need some examples of things that are abusive, but not unfair or deceptive.”. Now, under the current leadership of Kathy Kraninger, the more explicit definitions that seek to address what some critics had said were “vague” may curb the scope of what is considered abusive practices. Digital Taxes, Abroad.

New York 179
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Online Lender SoFi Sees $12M Loss In Q3

PYMNTS

Online lender Social Finance (SoFi) continues to struggle, recording an adjusted loss of around $12 million during the third quarter before interest, taxes, depreciation and amortization. The FinTech company has now recorded losses for the second consecutive quarter. In August, it posted a second quarter loss of about $200 million.

Online 183
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Offering advisory services: Piecemeal or holistic approach?

Abrigo

Requirements for delivering an advisory service “can differ quite a bit depending on the type of advisory service,” he says, given the differences between risk advisory services, tax planning, or performance management consulting, for example. Consequently, the methodology that will be the backbone of the service deserves some focus.

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How to keep good employees

Independent Banker

But equally important is what they should be doing to keep the talented employees that they already have, both to avoid a short-term staffing crisis and to keep the pipeline of leadership full. Nurture leadership by providing a mix of technical and power skills training. Quick Stat. We also try to be flexible,” he says.

How To 91
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Succession planning: Defining and finding an ideal candidate

Abrigo

Identifying your firm’s key clients and assessing their needs is of primary importance to understanding the type of leadership your firm will search for in the coming months and years. For example, ask your key clients what is important to them about their accounting services to develop insights necessary to select a quality candidate.