PYMNTS

MAY 7, 2018

China introduced new tax initiatives aimed at bolstering the nation’s entrepreneurs, according to local news reports on Friday (May 4). Vice finance minister Cheng Lihua introduced seven new tax policies during a press conference Friday, with the goal of saving small businesses $9.45

Taxes 100

Taxes Policies Conference Training 100

PYMNTS

APRIL 16, 2018

India’s YES BANK is tapping into tax data to expand small business (SMB) lending. Reports in MENAFN on Friday (April 13) said the company plans to offer loans to micro, small and medium-sized businesses based on their Goods and Services Tax (GST) returns. Singapore, Germany and Hong Kong.

Taxes 108

Taxes Data Lending Analysis 108

Abrigo

AUGUST 28, 2019

Slow lending decisions and frustrating loan application processes are among borrowers’ biggest gripes with traditional financial institutions vs competitors such as online or alternative lenders. Contacting a branch manager might yield insight on depositors for potential upsells for loans.

Lending 150

Lending Analysis Taxes Data 150

PYMNTS

JANUARY 25, 2017

small businesses owe millions in VAT bills, a new report from Funding Options said. The marketplace lending platform said Tuesday (Jan. billion in overdue VAT, a sign of cash flow management challenges. tax body, reports noted, and also face the threat of tax collectors.

Taxes 100

Taxes Payments Lending National 100

Abrigo

JULY 20, 2017

Allaboutrisk.com (AAR) recognizes Sageworks as a credit risk vendor in its 2017 Risk Software Report. The annual report features Sageworks as a credit risk software vendor alongside global technology and financial leaders SAS and UBS Delta. The products featured in the report include: · Credit Analysis. Relationship Manager.

Software 150

Software Report United States Compliance 150

PYMNTS

APRIL 3, 2018

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). The Wall Street Journal reported that the Atlanta-based company, which enables retailers, health-care providers and home contractors to offer loans to their customers, could go public as soon as this summer.

Lending 116

Lending Fintech Atlanta Capital 116

Abrigo

NOVEMBER 13, 2015

Banks involved in ag lending understand that the volatility of the industry – unpredictable weather patterns, variable commodity prices and more – can often lead to higher amounts of risk compared to other concentrations. By improving policies and procedures, banks can make better and more profitable ag lending decisions.

Lending 150

Lending Data Analysis Policies 150

Abrigo

MARCH 13, 2024

Protecting portfolio health Recognize ailing CRE loans early Media organizations are reporting scary-sounding data, and the headlines scream about the most recent victims. A wave of pending maturity events ($2 trillion of CRE loans are reported to mature in the next years). Learn more about managing CRE loan distress.

Strategy 221

Strategy Course Meeting Taxes 221

PYMNTS

MARCH 13, 2017

Good news is ahead for those suffering from low FICO scores — according to reports this morning, civil judgements and tax liens will by and large be coming off of consumer credit reports. The change will apply to new tax lien and civil judgment data that are added to credit reports as well as existing data on the reports.

Report 111

Report Data Taxes New York 111

Abrigo

FEBRUARY 16, 2016

Financial institutions considering lending to nonprofits may want to be aware of these recent financial trends, as well as some of the ways lending to these organizations might differ from lending to for-profit businesses. Here are two mistakes to avoid when lending to nonprofits , according to the firm: 1.

Analysis 150

Analysis Lending Community Bank Community 150

Abrigo

MAY 10, 2021

You might also like this Aite Group report on LOS vendors. Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing. A loan origination system (LOS) should perform several basic functions to automate and manage the end-to-end steps in the commercial loan process.

System 195

System Lending Analysis Software 195

Abrigo

JUNE 14, 2016

Loan officers and the chief lending officer can play a role in protecting asset quality during the sales and application process, particularly during times of rapid loan growth. Here are three ways that the lending department can proactively help manage credit quality. Request a consistent set of product-specific documents.

Lending 150

Lending Examples Taxes Resources 150

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? In a recent American Banker. Source: DeBanked ). Technology Utilization.

Lending 136

Lending Community Bank Community Data 136

Abrigo

MAY 1, 2020

Manage PPP loans through forgiveness. Some borrowers are reporting they cannot maintain employee hiring or compensation levels while government stay-at-home orders are in effect. or who received annualized pay of more than $100,000 during any period in 2019; state and local employer taxes assessed on an employee’s compensation (i.e.,

Taxes 195

Taxes Lending Payments Report 195

MyBankTracker

MARCH 24, 2021

The 2021 tax season is likely to stand out from previous years as many Americans might need their tax refunds more than ever. According to a recent MyBankTracker survey, Americans are most likely to put this year’s tax refunds into savings, which may not come as a surprise. percent) of a tax refund for the 2021 tax season.

Taxes 52

Taxes Survey Study United States 52

Abrigo

OCTOBER 15, 2020

The SBA’s Lender Application Form requires lenders to certify that they have “complied with the applicable lender obligations,” including confirming receipt of the borrower’s certifications, receipt of information regarding employee pay and taxes, and the average monthly payroll costs. Lending & Credit Risk. SBA Lending.

Fraud 150

Fraud Lending Los Angeles Taxes 150

Abrigo

FEBRUARY 10, 2021

You might also like this webinar, How the 2021 Roadmap for Producers will Influence Ag Lending. Land value At the end of the project, all that farmers and ranchers have left are land value and soil management. Stay up-to-date on the latest on ag lending trends. keep me informed. Watch Webinar. Opportunities. Revenue Streams.

Lending 195

Lending West Virginia Resources Operations 195

PYMNTS

FEBRUARY 26, 2020

After Metro Bank recently pulled back from plans to expand and decided to move away from lending for mortgages, the bank said it will return £50 million from the RBS bailout fund, according to a report. The bank had to reconfigure its strategy after fourth-quarter results showed a pre-tax loss of £130.8

Metro 154

Metro Lending Strategy Taxes 154

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. revealed $50 million in Series B VC funding led by Insight Venture Partners — marking one of the largest FinTech venture capital deals since Brexit, reports said. Expense Management.

Management 100

Management Capital Taxes Security 100

South State Correspondent

OCTOBER 4, 2023

You can’t get ten triple-digit project ROIs in a row in lending, credit, mortgage, wealth, insurance, or several other areas. You likely can’t measure your ROI because you have not invested in marketing enough to manage it. Treasury Management: This is our favorite campaign. Marketing can.

Marketing 195

Marketing Taxes Training Management 195

PYMNTS

NOVEMBER 13, 2020

The company announced its launch this week and revealed the new funding from Crane Venture Partners, with Seedcamp, Techstars and angel investors also participating, according to EU-Startups reports. The company also streamlines supplier onboarding, contract management and other workflows within the procure-to-pay space. and Hong Kong.

Capital 229

Capital Cards Fintech Payments 229

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

JANUARY 18, 2021

Reports in The Wall Street Journal said the latest pandemic relief package allocates $284 billion in PPP loans for small businesses. This week's B2B Data Digest takes a look at the numbers behind the latest instances of fraud, including fraudulent invoices, corporate tax scams and more. $19 But new concerns are mounting over the U.S.

Community 219

Community Fraud Taxes Massachusetts 219

PYMNTS

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 The Wall Street Journal ( WSJ ), citing Ant, reported that the company had a pre-tax profit of 5.3 billion yuan in pre-tax profit in the fiscal year ending in March, Bloomberg reported. It posted 9.18

Taxes 134

Taxes Lending Operations Marketing 134

PYMNTS

APRIL 25, 2018

Capital One logged stronger than expected results when it posted its earnings yesterday — the growth was driven largely by rising interest rates and an uptick in its largest lending categories, cars and cards. Capital One reported net income up 71 percent to $1.3 The competitive marketplace remains intense, but generally rational.

Capital 100

Capital Lending Cards Taxes 100

Perficient

NOVEMBER 30, 2021

Traditional custody services in this context include facilitating the customer’s exchange of crypto assets and fiat currency, transaction settlement, trade execution, recordkeeping, valuation, tax services, and reporting. Ancillary custody services. Facilitation of customer purchases and sales of crypto assets.

cryptocurrency 309

cryptocurrency Regulation Policies Compliance 309

Jeff For Banks

APRIL 12, 2018

When I first read Standards Needed for Safe, Small Installment Loans from Banks, Credit Unions by the Pew Charitable Trusts that encouraged financial institutions to get back into small ticket consumer lending, I thought “what are they nuts!” So why would banks expand small-ticket, unsecured personal lending? Real estate secured.

Lending 60

Lending Resources Community Metro 60

PYMNTS

SEPTEMBER 27, 2019

Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35 The firm operates a platform to automate tax and financial management processes for gig workers, sole traders and contractors. said this week.

Payments 149

Payments Capital Taxes Lending 149

PYMNTS

AUGUST 16, 2019

Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Reports noted Kobo360 plans to deploy the funding to further develop its product offering and expand its customer base. Below, PYMNTS breaks down the latest in B2B FinTech funding. Lendingkart.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

APRIL 16, 2018

tax reform, and strong economic growth around the globe is also benefitting these players. Lower corporate tax rates led JPMorgan Chase to post an 8.6 percent decline of income tax expenses, which hit $2.56 Still, the FI posted a 35 percent increase in profits, posting an all-time-high, according to Reuters reports.

Taxes 100

Taxes Lending Operations Data 100

PYMNTS

MAY 17, 2017

Beyond the changes in the economy at large, or the revenues or operating expenses generated in tax returns, or discrete data points that form the basis of a conversation between applicant and financial institution, tracking the risk status can be a challenge. The extension of credit, said Cutler, “is something of a business accelerator.

Lending 101

Lending Data Taxes Tools 101

PYMNTS

NOVEMBER 15, 2016

Financial information firm Sageworks has announced its expansion into the world of SME lending. Reports said Monday (Nov. 14) that the company is entering the small business finance space with a new platform that adds to its existing consumer lending, credit risk and portfolio risk management offerings for financial institutions.

Lending 100

Lending Big Data Risk Management Taxes 100

PYMNTS

OCTOBER 8, 2019

The latest data also hints at the possibility banks may be feeling skittish about lending to small and medium-sized business (SMB) customers. Although hiring slowed in September, small businesses continue to remain optimistic and have even reported some significant benefits resulting from late-2017’s tax reform.

Survey 134

Survey Taxes Data Report 134

PYMNTS

MAY 17, 2018

The fallout from what Reuters reports described as “mega-fraud” at India’s Punjab National Bank (PNB) continues, with small- and medium-sized businesses (SMBs) still struggling to access financing as the financial institution (FI) tightens its grip against risks. The same timeframe last year saw SMB lending grow 5.8

National 108

National Fraud Lending Taxes 108

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. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

DECEMBER 2, 2016

Indeed, the last two weeks were dominated by small, early-stage investments staggered across a variety of industries, from T&E to alternative lending to B2B eCommerce. Cash Flow Management. led a $10 million funding round for B2B digital marketplace Udaan, reports said last week. Travel Expense Management. Numberz.in.

Fintech 100

Fintech Capital Lending Taxes 100

PYMNTS

MARCH 2, 2020

According to reports from The East African , regulators have found that Carrefour imposes unfair contracts on vendors, which forces suppliers to pay fees to have their products stocked in stores. . accounts receivable and POS solution provider takepayments, according to reports in Thiis last week. Conducted by takepayments Ltd.,

Payments 143

Payments Report Training Regulation 143