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. operations. Conducted by takepayments Ltd.,

Payments 143

Payments Report Training Regulation 143

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 And Financing.

Cards 158

Cards Las Vegas Innovation Mobile 158

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

CB Insights

FEBRUARY 13, 2020

Business lending and corporate cards. Sigma aims to streamline business operations. Square has since expanded its offerings to standalone, integrated point-of-sale terminals, as well as a broader ecosystem of applications and services such as lending (Square Capital), payroll services (Square Payroll), and rewards (Square Loyalty).

Online 98

Online Company Retail Payments 98

BankUnderground

APRIL 28, 2023

Mahmoud Fatouh Small banks tend to have more specialised business models, likely focusing on commercial and retail banking activities, and show limited interconnectedness to other financial institutions. Second, expanding the analysis beyond 2009 provides evidence on whether Basel III addressed the pro-cyclicality of bank capital and lending.

Capital 84

Capital Lending US Data 84

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. These include family-owned businesses, community businesses and operating companies.

Texas 182

Texas San Antonio Community Bank Community 182

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. One of the biggest challenges these companies face is that many operate without a bank charter or license. why profitability won’t come easy.

Retail 78

Retail Cards Millennials Mobile 78

Bank Innovation

OCTOBER 27, 2017

EXCLUSIVE- With two products and a recently announced partnership with tax preparation software provider Intuit, Marcus by Goldman Sachs is keen on growing its brand through more new partnerships and products in 2018. The future of finance is not technology,” Harit Talwar, head of Marcus by Goldman Sachs, said at Money 20/20 in Las Vegas.

Las Vegas 186

Las Vegas Taxes Software Branding 186

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. firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small.

Taxes 175

Taxes Illinois Study Operations 175

Gonzobanker

JANUARY 4, 2018

PayPal’s move into P2P gift cards is aligned with consumers’ interest in using PayPal for retail purposes. professionals the same way they view professionals in their commercial lending and credit areas. Heloc Tax Deduction Suspension. The suspension of the HELOC tax deduction could have an adverse impact on FIs.

Taxes 60

Taxes Strategy Cards Lending 60

PYMNTS

MARCH 28, 2019

Synchrony already offers consumer financing to those merchants across verticals such as retail, auto and health. Consider the funding gap that exists when a retailer needs to both procure and make payments on inventory — before the goods ever hit the market and are sold. Hiccups — And The SMB Financing Need. gross domestic product.

Data 131

Data Operations Capital Taxes 131

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

PYMNTS

JANUARY 25, 2019

In terms of payments technology and alternative lending, B2C and B2B may be respectively seen as digital versions of the hare and tortoise. Credit can bridge the gap as companies run their day-to-day operations, and help them capture top- and bottom-line growth. To that end, Fundbox said in a release on Friday (Jan.

Retail 159

Retail Capital Data Payments 159

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. Instant payments are one of these solutions, allowing companies to digitally transfer funds 24/7 year-round.

Report 228

Report Payments Millennials Cards 228

BankUnderground

JULY 29, 2020

Guerrieri, Lorenzoni, Straub and Werning (2020) argue that while the lockdown is originally an (inflationary) negative supply shock because it keeps certain types of business from operating, the balance of the effects can resemble a (deflationary) demand shock under two conditions. Fiscal Policy. Debt financing may encounter limits.

Policies 106

Policies Lending System Tools 106

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

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

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. FirstBank, which has $2.3 The bank closes 35 to 45 reverse mortgages each month. About the market.

Trends 70

Trends Community Lending Community Bank 70

Independent Banker

AUGUST 26, 2015

Legally and operationally, digital John Hancocks come of age in lending. Electronic signatures “absolutely” have helped PrivatePlus Mortgage expand its residential mortgage lending reach nationwide, says Lia Webster. Some vendors support electronic signatures for requesting tax return transcripts, Webster adds. Fewer errors.

San Francisco 70

San Francisco Lending System Atlanta 70

CB Insights

OCTOBER 21, 2018

All 2017 Fintech 250 companies remain active and in operation, when our own research shows that 67% of funded startups fail or stall. Business Lending & Financing. General Lending & Marketplaces. Mortgage Lending. Point-of-Sale & Personal Lending. Retail Investing & Secondary Markets.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

FEBRUARY 13, 2020

Another $5 trillion comes from merchant settlement, marketplace payouts and alternative lending. McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. Peer-to-peer (P2P), he said, is about $20 trillion, and encompasses remittances.

Payments 163

Payments Regional America Cards 163

Gonzobanker

DECEMBER 17, 2021

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. 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. Acronym of the Year. Has to be M-O-E.

Fintech 142

Fintech Strategy Leadership Lending 142

PYMNTS

JANUARY 30, 2018

They also questioned the move in light of the lift BoA received from last month’s federal legislation, which slashed taxes for corporations. They feel like they can just charge customers whatever they want because it’s too much of a hassle to switch banks,” Cherny told PYMNTS in an interview.

America 109

America Maryland FDIC Millennials 109

PYMNTS

JULY 7, 2018

As part of the deal, Motivate’s servicing and maintenance operations will remain a stand-alone business, and Motivate will retain its brand name and continue to support its North American bikesharing programs. is growing, tax reform put a few more bucks in consumers’ pockets and wages are increasing.

Samsung 110

Samsung Payments Seattle Google 110

Gonzobanker

DECEMBER 19, 2017

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. Malls, retail stores and even some bank branch closings proliferated in 2017. It had another turd of a year.

Conference 90

Conference Industry Community Bank Community 90

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

PYMNTS

APRIL 11, 2016

Compared to the alternative — losing it in the market anyway and/or being taxed on whatever returns they might manage to eke out — the downside doesn’t appear too threatening. Two: Platforms have to operate at scale. What’s so bad about investing a couple of mil (when you have a couple hundred mil) in the Uber of Dog Walking?

San Francisco 100

San Francisco Operations Examples Branding 100

Tomorrow's Transactions

FEBRUARY 15, 2016

Are central banks artefacts of the Industrial Revolution, like canal networks or newspapers, or are they indispensable to the operation of the modern economy? Separating the creation of money from bank loans might mean a reduction in lending which would have implications for the economy. I’m writing a book about this at the moment.)

Industry 39

Industry Maine System Payments 39

PYMNTS

JUNE 22, 2020

And second, the Opportunity Fund has also seen that every dollar it lends to an SMB creates $2 in local economic activity in the form of wages, spending and tax revenues. They’ll also need operational and technical advice across a wide spectrum of subjects. Many Small Businesses Only Have Two Weeks Of Cash.

Maine 246

Maine Lending Community Fintech 246

Fintech Labs Insights

JANUARY 8, 2017

based retailer offering its shoppers financial services via Tandem. This includes a new chartering system announced in December , that would, among other things, enable fintech companies to operate across state lines. British Business Bank (BBB) gave UK P2P lender, Funding Circle, another $42 (£40) million to lend to small businesses.

Fintech 12

Fintech blockchain Technology Lending 12

Fintech Labs Insights

APRIL 17, 2017

The company focuses on commercial, retail, and multifamily properties in all major U.S. Lending Home is open to accredited investors looking to fund real estate investment projects for a term of 12 months or less. Realty Mogul offers a 1031 exchange option for investors for a tax-friendly funding option. LendingHome.

Technology 19

Technology Montana Company Management 19

William Mills

SEPTEMBER 7, 2016

Built a workflow for the bank so the bank can approve payment and see all compliance and tax information. Silver Fusion Retail Outlet: Where Snowbirds Shop”. Integrated with major retailer API’s like Amazon, eBay, Best Buy and several other aspirational brands. operation of Russian-based company. No other app does that.

Mobile 40

Mobile Cards Fraud Data 40

CB Insights

OCTOBER 29, 2018

The housing bubble bursting that same year had the opposite effect and various penalties and real estate losses relating to Countrywide’s lending practices ended up costing BofA about $40B, all told. The Wall Street Journal would refer to the acquisition as “the worst deal in the history of American finance.” ” 11.

Google 76

Google Software Innovation Company 76

CB Insights

MAY 23, 2019

LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption. Demonstrating sales is a necessity for retail startups, especially those operating in the intensely competitive food vertical. Total Funding: $263M.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

APRIL 13, 2020

PYMNTS has studied more than 700 SMBs since March 24 to understand the impact of the pandemic on their operations, the stability of their businesses, their access to cash and working capital, and their efforts to slow their cash burn and pivot their approach if possible. They range from operating in small towns to large cities.

Maine 288

Maine Study Operations Retail 288