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. Importantly, the borrower can upload financial statements and tax returns from home or the office.

Lending 150

Lending Analysis Taxes Data 150

PYMNTS

OCTOBER 22, 2019

Recent short-term , or repo, lending issues have Sen. CNBC is reporting that Warren wrote a letter to Treasury Secretary Steven Mnuchin about the mid-September issues, including a deluge of corporate tax payments and settlements of government bond auctions, both of which have been a drain on a system that normally runs without hiccups.

Lending 101

Lending Regulation Taxes cryptocurrency 101

PYMNTS

OCTOBER 22, 2019

Recent short-term , or repo, lending issues have Sen. CNBC is reporting that Warren wrote a letter to Treasury Secretary Steven Mnuchin about the mid-September issues, including a deluge of corporate tax payments and settlements of government bond auctions, both of which have been a drain on a system that normally runs without hiccups.

Marketing 100

Marketing Lending Regulation Taxes 100

PYMNTS

MAY 21, 2018

With the rapid scaling back of its movie ticket subscription program — combined with reports that the startup is burning through funds at such a rapid clip that it only has enough cash on hand to survive for another month or two, MoviePass has investors worried. The tax would end after five years unless the city chooses to renew it.

Seattle 100

Seattle Taxes Cards Data 100

PYMNTS

AUGUST 7, 2018

Traditional institutions are picking up steam in their efforts to collaborate with alternative financiers and FinTech firms, largely viewed as a way to spin the competition into allies and upgrade their lending services without the burden of in-house R&D. The Fed’s report was published weeks after announcements of a 4.1

Lending 100

Lending Survey National Trends 100

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

PYMNTS

OCTOBER 1, 2020

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. For instance, instant payments are most prevalent in the worlds of wages, insurance disbursements and lending payouts, according to the survey results. Fast Fact No. percent as of 2018.

Trends 306

Trends Study Taxes Payments 306

PYMNTS

JULY 19, 2020

Rajnish Kumar, chairman of the State Bank of India , the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of the financial system, the Financial Times (FT) reported. “If Among the problems is a history of bad lending decisions and poor governance, the newspaper reported.

System 204

System Taxes Mobile Analysis 204

PYMNTS

MARCH 9, 2020

To provide a digital lending offering for small business clients, Metro Bank has collaborated with banking software provider ezbob. Metro Bank Chief Commercial Officer Paul Riseborough said, according to reports, “We know quick, reliable access to finance is crucial for small businesses to seize opportunities to grow.

Metro 142

Metro Lending Strategy Capital 142

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). Inflationary impacts on costs of various inputs.

Strategy 221

Strategy Course Meeting Taxes 221

Perficient

NOVEMBER 30, 2021

Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference. 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.

cryptocurrency 309

cryptocurrency Regulation Policies Compliance 309

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.

Lending 243

Lending St. Louis Community Marketing 243

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

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

CB Insights

NOVEMBER 21, 2019

GET THE ENTIRE 41-PAGE CANADA VC REPORT H1 2019. Download the CB Insights and PwC Canada MoneyTree report to see all the data. The 2019 Canadian fintech market map. Startups headquartered in Ontario dominate the table, with over 40 fintech companies from this market map headquartered in the Greater Toronto Area.

Fintech 93

Fintech Marketing US Technology 93

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

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

Abrigo

FEBRUARY 10, 2021

You might also like this webinar, How the 2021 Roadmap for Producers will Influence Ag Lending. Market experience Know the land values. We always advise landowners to undergo an assessment to protect these funds from taxes and help them to create entity strategies or fund new equipment for the greatest value. keep me informed.

Lending 195

Lending West Virginia Resources Operations 195

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

AUGUST 5, 2020

CNBC reported the company had $1.92 Analysts at Refinitiv, the London-based global provider of financial market data, had predicted a 5 cent loss. Chief Financial Officer Amrita Ahuja told reporters on a call Tuesday night Cash App saw meaningful uplift from customers who deposited government stimulus and unemployment checks.

San Francisco 218

San Francisco Capital Taxes Lending 218

PYMNTS

OCTOBER 8, 2019

Hiring continues to be a challenge as business owners not only struggle to find qualified workers in a tight labor market, but find professionals who will help that company achieve its goals. The latest data also hints at the possibility banks may be feeling skittish about lending to small and medium-sized business (SMB) customers.

Survey 134

Survey Taxes Data Report 134

PYMNTS

OCTOBER 9, 2019

Because threat actors often get recipients’ emails from password breach lists, they sometimes include passwords to lend authenticity,” Hunter Johnson, Cofense Professional Services at Cofense, wrote in a blog post. We are starting to see more demand pick up in the market,” Lim said. According to Bloomberg , bitcoin gained as much as 6.6

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

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

MARCH 13, 2017

70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey. Nearly a quarter of small businesses said they still use paper forms when filling out taxes. There are so many options available to small businesses today, the executive added. 37 percent of SMEs in the U.K.

Financial Technology 127

Financial Technology Technology social media Taxes 127

PYMNTS

MARCH 8, 2019

Remember that a big chunk of buying power is concentrated in this generation’s collective wallet, and that if older generations start to unload housing, those homes would presumably stay on the market unless younger buyers — you know, the ones with new jobs and new families — come in to snap them up. PayPal Lending: Takes off in the U.K. ,

Millennials 109

Millennials Taxes Lending Regional 109

PYMNTS

MARCH 2, 2020

Late payments are a reflection of a broader challenge in B2B payments: Large corporate buyers can wield their market power with small suppliers that lack leverage to negotiate faster payment terms. 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

PYMNTS

JANUARY 29, 2020

Last month, reports in The Wall Street Journal , citing Federal Reserve data, found that nearly one-third of U.S. As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. ” Knowing Their Options.

Lending 136

Lending New York Online New Jersey 136

PYMNTS

AUGUST 12, 2019

Decreasing demands for loans has caused a July lending slowdown for Chinese financial institutions, The Wall Street Journal reported on Monday (Aug. Market confidence has taken a hit due to the trade war , causing Chinese businesses to adjust their investment plans. Tax cuts and fee reductions have so far had little success.

Lending 100

Lending Guidelines Taxes Capital 100

Jeff For Banks

MAY 20, 2017

Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. They need a marketing person to title their reports.

Lending 60

Lending Regulation Community Community Bank 60

PYMNTS

AUGUST 14, 2020

“But just the need for financial services companies to wake up and finally digitize it all the way they’ve been talking about doing for a long time, I think that is the real enduring tailwind for the FinTech market,” Birnbaum said. Birnbaum said Square “is layering in stock trading, crypto trading and now they’re moving into lending.

Fintech 300

Fintech Apple California Google 300

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

JUNE 25, 2018

Alternative small business lender Power2SME says small businesses’ loan payment times doubled overnight following India’s demonetization efforts, highlighting the impact of going cashless on the nation’s entrepreneurs and, consequently, the SMB finance market. “A lot of money went out of the system,” he said.

Taxes 100

Taxes US System National 100

PYMNTS

FEBRUARY 2, 2018

Today in PYMNTS data, Visa earnings topped expectations, Mastercard saw positive outcomes and Apple underwhelmed market watchers in their recently released earnings reports. billion | Visa’s revenue, according to its most recent earnings report for the first fiscal quarter, which ended in December 2017. Here are the numbers: $4.9

Apple 101

Apple Data Taxes Fintech 101

PYMNTS

APRIL 16, 2019

Legislators in the European Union have approved a slew of banking reforms including the closing of loopholes exposed by the financial crisis, according to a report by Reuters. Parliament also passed protection for whistleblowers who bring crimes like tax evasion to light.

System 116

System Taxes Regional Google 116

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. led a $10 million funding round for B2B digital marketplace Udaan, reports said last week. million seed round for the company, according to reports.

Fintech 100

Fintech Capital Lending Taxes 100

PYMNTS

MARCH 2, 2018

A report released this week found startups across the U.S., Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 For markets like the U.K., Alternative Lending. billion, growing at a compound annual growth rate (CAGR) of 47 percent. Accenture highlighted Kabbage , the U.S.

Fintech 118

Fintech Capital blockchain Lending 118