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CRE risk management: Navigating hazards and opportunities

Abrigo

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. Bankers should examine warning signs and shore up defenses for existing income-producing CRE loans as part of commercial property loan risk management.

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. But you can use a gift card or debit card – unless the specific retailer prohibits using debit.

Ohio 103
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Chipotle To Hire Up To 10K New Employees

PYMNTS

While consumers have been avoiding full-service restaurants during the pandemic — out of choice, necessity, or COVID-related state regulations — QSRs , which are more adept at offering delivery, takeout, drive thru service and mobile-ordering capabilities, have felt the love these past few months. “I

Ohio 153
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Remote Seller Taxation: A Job For Tax Automation

PYMNTS

A plan backed by the Illinois Retail Merchants Association places the burden on sales tax collection on the marketplaces, which will then settle up with the state Department of Revenue. There is too much risk to not use a dynamic tool to better manage all this complexity.”. Implementation.

Taxes 130
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SAFE Banking Act returns to Congress: Is safe harbor for cannabis banking on the horizon?

Abrigo

Sherrod Brown, D-Ohio, in the same hearing. Similarly, it needlessly jeopardizes the safety of retail staffers, who are susceptible to robbery. “The lack of electronic records in this world makes it easy to move money that shouldn’t be moved.” The SAFE Banking Act is still awaiting further action in Congress.

Lending 195
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Blockchain Goes Local (A Bit, Anyway)

PYMNTS

At the state level, too, Ohio seems poised to embrace blockchain. Late last week, Governor John Kasich signed legislation that will boost blockchain efforts, stretching across the record-keeping in a number of verticals, such as supply chain management. Healthcare, At The Smallest (Genomic) Level. Beyond the U.S.,

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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

The San Francisco-based bank had a total of 5,751 retail branches by the end of the second quarter, citing 114 branch consolidations during the first half. Wells Fargo also announced plans to sell 52 branches in Indiana, Ohio, Michigan and parts of Wisconsin to Flagstar Bancorp. After the investigations began another 1.4