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Acorns CEO Noah Kerner Attributes Growth to Keeping Things Simple

Bank Innovation

If there’s one word that describes the abiding value of investment platform Acorns’ innovation strategy, that’s the word, according to its CEO Noah Kerner, who is currently gearing up to launch Acorns Later in the coming weeks.

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Facing pressure, HSBC rethinks US strategy

Bank Innovation

The top-10 global bank reported Tuesday that in 2019, net profit fell 53% to $6 billion, while pre-tax profits fell 33% to $13.3 […]. HSBC, a global bank with $2.7 trillion in assets, is blazing a new path for its U.S. business as it cuts $4.5 billion in costs and reallocates capital away from underperforming units.

Strategy 243
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How Goldman-backed Credijusto is reaching Mexican small businesses

Bank Innovation

Credijusto, a Mexican small business lender, is using data points like tax and invoice information to reach small businesses typically out of reach of large banks.

Taxes 170
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How CPAs Can Help Loan Officers Assess Business’ Risks, Valuations

NCR

As auditors, we take on a fiduciary responsibility to verify each client’s financial records – their tax returns, income statements and each line of the balance sheet. We also scrutinize revenue projections based on a variety of business and market factors such as consumer demand and the entrepreneur’s go-to-market strategy.

Taxes 40
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Finovate Fall 2016 Live Blog – Day 1

William Mills

Built a workflow for the bank so the bank can approve payment and see all compliance and tax information. In real time the tax man received their payment and the waiter has received their tip. Demo: Bank needs to investigate a payment which could take days. Their application is middleware. identitii makes payments safer and faster.

Mobile 40