PYMNTS

DECEMBER 7, 2020

Despite a surge in sales, small businesses selling online can struggle to manage working capital, particularly as many rely on third-party marketplaces like Amazon that don't facilitate instant access to revenues. According to Ricardo Pero , CEO of SellersFunding , that places many eCommerce sellers in a precarious financial situation.

Capital 356

Capital Online Tools Lending 356

Gonzobanker

AUGUST 17, 2022

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 182

Fintech Lending Software Compliance 182

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

South State Correspondent

DECEMBER 6, 2022

Managers who grew CRE value in the last 40 years (when inflation was tame) may be unable to preserve real estate value or maintain cash flow when inflation is 6% to 10%, especially if inflation is volatile. This table assumes that management can pass along 70% of inflation to tenants, and 100% of inflation passes through expenses.

Analysis 195

Analysis Taxes US Management 195

CFPB Monitor

JUNE 5, 2020

The FTC recently announced a settlement of its lawsuit filed in a New York federal district court against a New York City car dealership and its individual general manager in which the FTC alleged that the defendants discriminated against African-American and Hispanic car buyers and engaged in other illegal business practices.

New York City 122

New York City Policies New York Lending 122

PYMNTS

MARCH 2, 2020

In Kenya, competition regulators recently warned French grocery and retail giant Carrefour that it faces fines of up to $140 million after the Competition Authority of Kenya discovered that the company, via its franchise holder Majid Al Futtaim (MAF), has been treating suppliers unfairly. In the context of late payments in the U.K.

Payments 143

Payments Report Training Regulation 143

Independent Banker

JANUARY 31, 2022

Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon. Edlund adds that ANB also does working capital lending, energy lending and real estate and development lending.

Texas 182

Texas San Antonio Community Bank Community 182

CB Insights

FEBRUARY 13, 2020

Stripe Connect and billing services help companies manage marketplaces, subscriptions. Business lending and corporate cards. Payments companies assumed risk for losses associated with chargebacks, fraud, KYC, or AML, while also providing support, dispute management, and reporting. Online and offline payments. Source: Finix.

Online 98

Online Company Retail Payments 98

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. Marketplace Lending. Honesty is the best policy.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Bank Innovation

JANUARY 19, 2017

It turns out taxes were popular this week. While Credit Karma (still) remained the top finance app for both the iOS and Google Play charts today, the TurboTax Tax Return app is not far behind. The TurboTax app is currently ranked second on the Google Play charts and third for Read More.

Taxes 150

Taxes Google social media Online 150

South State Correspondent

MAY 1, 2024

Banks should extend their elite accounts, provide events, and conduct campaigns to tell the story of the bank and its capabilities to accountants, lawyers, tax professionals, trade association officials, and other groups rather than provide an outsized influence on a target customer segment. months, including an annual operating cost.

Innovation 195

Innovation social media Branding Marketing 195

PYMNTS

JUNE 5, 2019

The real trick is to tie engaging consumer experiences to those cards, which is critical, as prepaid and reloadable cards continue to evolve — moving from plastic cards to mobile accounts that can adapt to an expanding portfolio of use cases, including payroll, online gambling or even consumer and business lending.

Cards 158

Cards Las Vegas Innovation Mobile 158

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M Incumbents Play Catch-Up.

Retail 78

Retail Cards Millennials Mobile 78

Independent Banker

JUNE 30, 2022

Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich. The community bank also hopes to participate in a new tax-exempt savings program for first-time homebuyers that was approved by the state of Michigan in April. So how can community banks help?

Community Bank 143

Community Bank Community Millennials Resources 143

PYMNTS

FEBRUARY 20, 2018

But the data indicates that for an increasing number of users, debt is not being managed correctly. Late payments and out-and-out defaults and charge-offs are on the rise across a few lending segments. A fair portion of that interest rate, according to the Fed, was an uptick in mortgage lending. Student Lending.

Lending 105

Lending Cards America New York 105

PYMNTS

OCTOBER 31, 2019

Yes Bank is a private-sector bank that mainly operates as a corporate bank, but it also does asset management and retail banking. The Bombay Stock Exchange’s Sensex index also saw record highs, with a rally of more than 40,300 points due to a corporate tax cut and other business-boosting reforms. On Thursday (Oct.

Regulation 100

Regulation Taxes Maine Capital 100

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

FICO

JUNE 1, 2023

Census Bureau reports advanced estimates that retail sales were down 1.2% The data sample comes from FICO client reports generated by FICO® TRIAD® Customer Manager and Adaptive Control System solutions. Rates typically peak after holiday shopping then come down as consumers receive their tax refunds and use it to pay down debt.

Trends 52

Trends Industry US Cards 52

CB Insights

OCTOBER 21, 2018

Business Lending & Financing. General Lending & Marketplaces. Mortgage Lending. Point-of-Sale & Personal Lending. Retail Investing & Secondary Markets. Wealth Management. Alternative lending platform SoFi raised a $500M Series F from SoftBank Group, GPI Capital, and Silver Lake Partners.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

APRIL 20, 2018

Goldman’s first toe in the water was Marcus, its consumer banking and lending platform, said to be named after its founder. In fact, one of them asked Chavez during the earnings call whether Marcus was lending to consumers with less than stellar credit histories. The Big Bet on Consumer Services. Note to industry.

New York 101

New York Lending Tools Boston 101

PYMNTS

DECEMBER 14, 2017

While these companies will be doing the work of Santa Claus this holiday season, there is, unfortunately, no fleet of flying reindeer to lend a hand (or hoof) with the workload. Retail customers can now use the service to receive payments from the UAE’s RAKBANK. That potentially means slower deliveries and missed Christmas presents.

Trends 115

Trends Payments blockchain Report 115

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. To you, manage your interest rate risk. When the Taxpayer Relief Act of 1997 passed, the top capital gains tax rate was lowered, providing yet another incentive for equity speculators to pour money into the fledgling internet industry. We bragged about it in our earnings releases.

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

JULY 8, 2019

With all of the automation of financial products, one would think managing finances would be simple. No, I think community financial institutions should develop a solid strategy for retail banking. Steve played an accountant, and informed a couple that they would be receiving a nice tax refund. Not interested.

Retail 60

Retail Community Taxes Strategy 60

PYMNTS

FEBRUARY 12, 2018

Put on a Retail Happy Face. Yup, physical retail is doing just fine — despite all the talk of doom and gloom. Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008.

Big Data 135

Big Data Data Retail Marketing 135

Gonzobanker

FEBRUARY 7, 2018

Nothing seems to put a bounce in a banker’s step more than a tax break and regulatory relief, and this bountiful energy was radiating at Bank Director’s annual “mecca” for bank M&A in Phoenix last week – Acquire or be Acquired. For those in the know – simply AOBA. The chatter at AOBA centered on three important topics: #1: The Breaks.

Taxes 75

Taxes Video Analytics Arkansas 75

Tefkin

JUNE 3, 2014

While other sectors attract more mainstream press attention (payment, retail banking), the asset management industry is also deeply affected by “software eating the world” Asset Class Competition. Traditional asset management companies are increasingly facing competition on both sides of the performance scale.

Industry 42

Industry Management Innovation Analysis 42

PYMNTS

MAY 15, 2017

Credit and retail processing in North America were up 1 percent, and the business, globally, gained 2 percent. We have strategic decision to shift the company’s near-term focus from growing loans under management to achieving profitability,” Chief Executive Officer Noah Breslow said on the call. So what did we learn this week?

Data 100

Data America Taxes Cards 100

Independent Banker

FEBRUARY 25, 2015

Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. who oversees 32 loan officers dedicated to providing the loans. FirstBank, which has $2.3

Trends 70

Trends Community Lending Community Bank 70

Fintech Labs Insights

APRIL 12, 2022

We’ve been on both sides of the table, 25 years running a small business, 5 years working in a bank, and 25 years advising banks on their digital retail banking and lending services. Commercial lending*. Employee expense management*. Customer management features (basic)*. Tax features (basic)*.

Digital Banking 15

Digital Banking Lending Fraud Cards 15

CFPB Monitor

JULY 6, 2016

In its Summer 2016 Supervisory Highlights , which covers supervision work generally completed between January and April 2016, the CFPB highlights violations found by its examiners involving automobile origination, debt collection, mortgage origination, small-dollar lending, and fair lending. Small-dollar lending. Fair lending.

Lending 68

Lending Regulation Compliance System 68

Gonzobanker

DECEMBER 17, 2021

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. Congrats to Randy and a great management team. We salute a legend of lending and credit union leadership. GonzoBanker of the Year – Credit Union.

Fintech 142

Fintech Strategy Leadership Lending 142

Jeff For Banks

SEPTEMBER 13, 2015

Chief Retail Officer. Since his joining the Board, the bank has stabilized, returned to profitability, recaptured it's deferred tax asset, and NPAs/Assets have declined to less than 3%. Prior to BofI, he was an investment banker, management consultant, and attorney to the banking industry. So I thought I would give it a shot.

Community Bank 60

Community Bank Lending Community Security 60

Gonzobanker

SEPTEMBER 3, 2014

Branches, lending, call center – they were built after the back-end system was written, and they were built on the older platforms that were available at the time. And, just to sweeten the pot, let’s add small business to the retail customer base. We need new financial statements or tax returns. Pretty much summed it up.).

System 111

System Tools Mobile Lending 111

Fintech Labs Insights

MAY 5, 2016

Around the web: Klarna moves beyond ecommerce to service brick-and-mortar retail shops. OnDeck , Kabbage , and CAN Capital team up to form the “Innovative Lending Platform Association.” ” Misys wins Best Portfolio Management Software Provider in HFM European Services Awards for 2016.

Taxes 12

Taxes Capital Lending Software 12

Lex Sokolin

JANUARY 14, 2021

Instead, they have either (1) been directly owned by retail investors through crypto exchanges or decentralized apps, or (2) been packaged and secured for safe handling by newly buy-side funds for the largest endowments and family offices in the world. Like taxes. They have not been distributed by fiduciaries to the mass market.

America 52

America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

Instead, they have either (1) been directly owned by retail investors through crypto exchanges or decentralized apps, or (2) been packaged and secured for safe handling by newly buy-side funds for the largest endowments and family offices in the world. Like taxes. They have not been distributed by fiduciaries to the mass market.

America 52

America Wyoming National Capital 52

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? Monty Python “I’m Not Dead … Yet” Award – Goes to physical retail. Payments chaos.

Conference 90

Conference Industry Community Bank Community 90