PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. BankiFi operates APIs to enable banking clients access to a range of business banking infrastructure to augment their own small business and corporate banking operations.

Payments 149

Payments Capital Taxes Lending 149

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. In a recent American Banker. Source: DeBanked ).

Lending 126

Lending Community Bank Community Data 126

Abrigo

OCTOBER 15, 2020

Key Takeaways Economic relief payments are often subject to fraud – PPP is no exception. Economic relief payments are often subject to fraud, and the Paycheck Protection Program (PPP) is no exception. Lending & Credit Risk. SBA Lending. PPP Lenders Starting to See Payments from SBA. Lending & Credit Risk.

Fraud 150

Fraud Lending Los Angeles Taxes 150

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. But late payments aren’t the only symptom of unequal B2B relationships. In the context of late payments in the U.K.

Payments 143

Payments Report Training Regulation 143

PYMNTS

APRIL 27, 2020

The key groups who will receive these payments include people who aren’t required to file tax returns, such as those who receive Social Security, Supplemental Security Income (SSI) and veterans’ affairs benefits. In addition, tax filers who have recently provided bank information to the IRS will get the payments.

Taxes 257

Taxes Security Payments Tools 257

FluentBanking

JULY 3, 2021

Lenders were able to make a compelling profit through investments in the capital market during the first half of the current year Despite the disruptions caused by the ongoing Covid-19 pandemic, Bangladeshi banks have seen a rise in operating profits within the first six months of this year. There are currently 60 banks in Bangladesh.

Operations 52

Operations Lending Capital Taxes 52

PYMNTS

DECEMBER 27, 2020

PayPal’s move, given its size and clout, is an important indication that cryptocurrencies are poised for more mainstream adoption, Daniel Gouldman , chief executive of crypto-banking platform operator Ternio , told PYMNTS ’s Karen Webster. “I Bloomberg reported earlier this year that BitGo’s backers include Goldman Sachs Group Inc.,

Report 245

Report cryptocurrency Bitcoin Taxes 245

Abrigo

FEBRUARY 10, 2021

You might also like this webinar, How the 2021 Roadmap for Producers will Influence Ag Lending. By construction, significant sums of rent (per acre, megawatt, royalty, or per wind tower) will begin to develop and continue through operations and energy generation. Stay up-to-date on the latest on ag lending trends. Watch Webinar.

Lending 195

Lending West Virginia Resources Operations 195

PYMNTS

MARCH 12, 2019

Nature abhors a vacuum, as the saying goes, and we might say the same for corporate lending. where smaller firms seem stuck in a limbo of fragmented lending solutions, and where loans are pricier than might be seen elsewhere. Data helps lenders make the best risk-adjusted lending decisions.

Lending 100

Lending Marketing Capital Data 100

PYMNTS

AUGUST 5, 2019

Fraud comes in many flavors, and a payments-related lawsuit arising from the growing business of legal, recreational marijuana is proof of that point. But federal law still views marijuana as an illegal substance, which prevents most financial institutions, payment card networks and other providers from taking part in those sales.

Company 163

Company Payments Fraud Meeting 163

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 Ant operates Alipay, the digital payment service in a battle with Tencent ‘s WeChat Pay for dominance in China.

Taxes 134

Taxes Lending Operations Marketing 134

PYMNTS

NOVEMBER 20, 2018

Banking technology provider Cashplus is introducing a new application program interface (API) designed to allow small and medium-sized businesses (SMBs) to make mass payments to their vendors simultaneously. The Payments API is rolling out ahead of the U.K.’s A press release Monday (Nov. 19) said Cashplus, based in the U.K.,

Payments 108

Payments Taxes Data Lending 108

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

Abrigo

MAY 22, 2020

CRBs are real, essential businesses paying federal taxes, and many argue that they should be included in federal programs. As these businesses grow, so does the need to move into contactless payments and away from cash, or at least be able to safely transport and store cash if that is the only payment option available.

Lending 195

Lending Industry Taxes Community 195

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. Kobo360 operates a freight technology platform, connecting truckers with businesses that need shipping services across the region. Below, PYMNTS breaks down the latest in B2B FinTech funding.

Fintech 179

Fintech Analytics Capital Lending 179

Abrigo

FEBRUARY 5, 2021

3 asked the Small Business Administration (SBA) to address quickly “significant operational, system and communication challenges,” including applications being erroneously denied due to validation checks in place this round. Nobody should fault the SBA for trying to be good custodians of our tax dollars or drive internal efficiencies.

Fraud 195

Fraud Lending Taxes Regulation 195

Abrigo

MARCH 13, 2024

Beyond a hard money default due to a payment or maturity event, early warning signs for CRE loans typically manifest as a : Failure to pay real estate taxes. Finally, any failure to deliver required financial information in a timely manner (including rent rolls/operating statements) or any covenant defaults (e.g.,

Strategy 221

Strategy Course Meeting Taxes 221

PYMNTS

APRIL 16, 2018

tax reform, and strong economic growth around the globe is also benefitting these players. This week’s B2B Data Digest examines the numbers released by the institutions for Q1 2018, highlighting the role corporate and wholesale banking operations did (or did not do) to support an overall impressive quarter. JPMorgan Chase. Wells Fargo.

Taxes 100

Taxes Lending Operations Data 100

PYMNTS

DECEMBER 7, 2020

"On top of capital constraints they need to deal with, they also need to deal with complicated tax schemes and exposure to different currencies.". The company now operates in the U.K., and Australia, with Pero noting that it's important to operate not just where a seller is based, but where the transaction occurs. "I

Capital 356

Capital Online Tools Lending 356

PYMNTS

NOVEMBER 13, 2020

With nearly $90 million in new funding landing at B2B FinTechs this week, investors showed off a diverse range of focuses, from procure-to-pay to small business payments. Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. and Hong Kong.

Capital 229

Capital Cards Fintech Payments 229

Abrigo

MARCH 7, 2017

The Debt Service Coverage Ratio (DSCR) is an important measure in understanding a borrower’s ability to make payments on their current debt, as well as potential additional debt, so mastering this calculation is crucial to lending decisions.

Taxes 150

Taxes Lending Operations Payments 150

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.

Lending 101

Lending Data Taxes Tools 101

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. Step back a bit first.

Cards 158

Cards Las Vegas Innovation Mobile 158

PYMNTS

JULY 26, 2020

Avanti Financial Group said in a press release that it has received permission from the Wyoming Division of Banking to begin operating in the state as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers.

Wyoming 153

Wyoming cryptocurrency Regulation blockchain 153

PYMNTS

MARCH 8, 2019

But the down payments taken on were roughly 8.8 PayPal Lending: Takes off in the U.K. , Flywire flies high: Global payments firm Flywire logs $10 billion in total payments volume , and said last year payment volumes grew by 130 percent in the Asia Pacific region and 65 percent in EMEA. percent, compared to 11.9

Millennials 109

Millennials Taxes Lending Regional 109

PYMNTS

FEBRUARY 13, 2020

11), Visa executives laid out a roadmap to displacing cash and checks across the global stage, digitizing payments through click to pay, tap to pay, digital wallets and cross-border flows – along with capturing a sizable slice of B2B spend, too. Another $5 trillion comes from merchant settlement, marketplace payouts and alternative lending.

Payments 163

Payments Regional America Cards 163

PYMNTS

MAY 3, 2019

Certain lease payments must be documented as depreciation and interest charges, not operating expenses, and it’s changing the metrics used by CFOs to assess company performance. Companies including Orange, Deutsche Telekom and Air France have already notified investors that they are amending or changing performance metrics.

Taxes 123

Taxes Lending Report Operations 123

PYMNTS

JULY 29, 2019

At the time the transaction was announced, the companies said users would benefit from a “highly complementary combination” that offers a range of payments and financial services, spanning account processing and digital banking, integrated payments and the Clover POS system, among other products and services.

Data 185

Data Leadership Taxes System 185

PYMNTS

JANUARY 29, 2020

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. “We have seen small businesses destroyed by online lending.” “We have seen small businesses destroyed by online lending.”

Lending 136

Lending New York Online New Jersey 136

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. Meanwhile, Visa launched its own effort to improve cross-border payments.

Trends 115

Trends Payments blockchain Report 115

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

South State Correspondent

DECEMBER 6, 2022

However, now is the time to analyze and understand how inflation affects CRE net operating income (NOI), DSCR, and free cash flow. Further, our tax system penalizes free cash flow generation when inflation is high because of the nature of fixed asset depreciation. History Lesson. Conclusion.

Analysis 195

Analysis Taxes US Management 195

PYMNTS

MAY 29, 2019

Small business lending marketplace BitX Funding has struck an alliance with transportation equipment finance company Pelagic Capital, the companies said in a press release Tuesday (May 28). Pelagic operates as a direct lender as well as a collaborator with dealers to help small businesses obtain non-bank equipment financing.

Capital 128

Capital Lending Taxes Analysis 128

PYMNTS

NOVEMBER 23, 2020

Small and medium-sized businesses (SMBs) got their clocks cleaned by the pandemic, and turning to their traditional lending sources, they’ve encountered sclerotic systems and outdated policies not conceived for the needs of the recovering Main Street merchants of 2021. For faster forms of payment. Deluxe itself has 4.5

Data 143

Data User Experience Fintech Lending 143

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. surveyed said their accounting software is integrated with an invoicing and payments solution. small businesses.

Financial Technology 127

Financial Technology Technology social media Taxes 127

PYMNTS

DECEMBER 4, 2018

3), the services offered from the TD Wealth Management for Healthcare Practitioners group include access to senior private bankers, investment managers, financial planners and lending specialists with expertise in the healthcare industry. Announced in a press release on Monday (Dec.

Industry 128

Industry Management Taxes Lending 128

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. Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. percent rate.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116