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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

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
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Weird Commerce: ComplyRight, All Those Employment Regulation Signs

PYMNTS

“Our overarching mission is to provide compliance services for small businesses, businesses that don’t have in-house attorneys or tech professionals, to provide the info that small businesses need to comply with employee management and tax reporting requirements,” said Susan Drenning, president of ComplyRight Inc. Fremont, Nebraska.

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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

At the age of 26, Nebraska stockbroker and school teacher named Warren Buffett took his “retirement fund” of $174,000 and decided to start his own investment business. He mocks himself for making mistakes, and sings the praises of Berkshire’s army of CEO-managers. Management. Two decades later, he was a billionaire.

Omaha 78
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Fintech Fundings: 113 Companies Raised $1.7 Billion in May

Fintech Labs Insights

million to fund growth of its digital password management system. Wealth management platform. HQ: Omaha, Nebraska. Password management & secure digital wallet. Wealth management platform. Personal finance management app. Tags: Consumer, advisors, investing, trading, asset management.

Company 17
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Fintech Fundings: 27 Companies Raise $345 Million Week Ending August 14

Fintech Labs Insights

It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 VAT tax refund solution . Equity management system. Cloud-based spending management.