South State Correspondent

NOVEMBER 29, 2023

Most national and regional banks allocate marketing resources to recently acquired customers to get them to build deposit balances and purchase other products, while most community banks do not. Many banks fall into the “recency trap.” ” This article explores the recency trap and discusses how to prevent it.

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South State Correspondent

JUNE 30, 2023

There are several ways for bank managers to address this issue and better align relationship pricing with bank profitability. The real issue for many banks is that managers cannot easily identify and measure the service level or correctly measure granular returns at the customer, product, branch, region, or supervisor level.

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Resources Community Bank Capital Community 195

PYMNTS

JULY 21, 2020

Salesforce has announced a broad expansion of its Order Management offerings, including the ability for companies to let online shoppers complete purchases without leaving social media channels. Those include support for multiple languages and currencies and the capacity to calculate and display value-added taxes.

social media 145

social media Taxes Management Online 145

PYMNTS

JUNE 20, 2016

Expense management is scaling globally, literally, as Chrome River is opening an office in the Asia-Pacific region. Roy told PYMNTS that the region has specific payments and expense management considerations that extend, for example, to Australia’s goods and services tax.

San Francisco 101

San Francisco Regional Taxes Software 101

PYMNTS

DECEMBER 10, 2020

Plus, HM Treasury is seeking input on the challenges that the sharing economy brings for value-added tax (VAT). We wanted to help bring down the cost and speed up the process to boost financial inclusion,” Xoom Vice President and General Manager Julian King said in a press release. Canada, Europe and U.K. Canada, U.K.

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Payments Google Technology Taxes 178

PYMNTS

OCTOBER 31, 2016

B2B trade and spend management firm Tradeshift is not only expanding its operations in Australia, but it’s setting up new offices there. 28) that it will open offices in Sydney to focus on serving Australian and New Zealand businesses, banking on the region’s solid economy. The company announced Friday (Oct.

Regional 100

Regional Taxes Compliance Operations 100

PYMNTS

FEBRUARY 21, 2019

In a new PYMNTS webinar, Karen Webster and Danielle Lackey, chief legal officer at expense management provider Motus , spoke about those changes, and how companies can get with this trend to save money and even make employees happier. However, reflections are not always the most accurate metrics, and that’s the case with the IRS mileage rate.

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Taxes San Francisco New York City Case Study 128

PYMNTS

AUGUST 4, 2019

million euros ($45 million) in earnings before interest, tax, depreciation and amortization this year, FT reported. The co-founders of Heidelpay and the existing management team kept a minority stake in the business. Heidelpay expects to generate 40.5

Payments 136

Payments Groups Taxes Regional 136

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing. The result?

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Community Bank Kansas City Community Lending 195

PYMNTS

JUNE 22, 2020

On the optimistic side Elliot Nassim , president of Mason Asset Management, which co-owns the University Mall in Carbondale, Illinois, says: “We have always felt that the retail industry is evolving, despite what doomsday headlines would have you believe. There are about 1,000 malls — both privately and publicly held — operating in the U.S.

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NJ New Jersey Illinois Retail 132

PYMNTS

DECEMBER 9, 2019

PYMNTS recently caught up with nonprofit Women in Trucking Association , and several truck drivers, to discuss what it takes to ease on-the-job expense management. Such support helps truckers manage their payment needs, but Anderson said having cash on hand is still imperative. Independent Owner-Operators Face Their Own Hurdles.

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Cards Tools Operations Payments 163

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.

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Fintech Capital Lending Operations 155

PYMNTS

SEPTEMBER 19, 2019

Cash management becomes a continuous process, throughout the business day. To that end, said Ron Chakravarti, Treasury Advisory Group head at Citi, the role of the treasury management team in optimizing cash on a day-to-day basis is changing as real-time operations (and payments) increasingly command attention.

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Management Operations Payments Course 116

Jeff For Banks

JUNE 10, 2022

Mark Lynch, Retired Partner, Wellington Management. He was also a portfolio manager of mutual funds, hedge funds, and institutional portfolios focused on the banking sector over that period. Prior to Wellington, he was a US regional bank analyst with Lehman Brothers and Bear Stearns.

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Conference Taxes Strategy Community Bank 78

PYMNTS

AUGUST 16, 2019

The company connects entrepreneurs and freelancers with bank and financial services that include invoicing and payment acceptance, pointing to the challenge of these professionals of getting paid on-time and managing the irregularities of their cash flows.

Fintech 179

Fintech Analytics Capital Lending 179

Bobsguide

JUNE 13, 2022

– GFT’s UK operation contributed to global results with 18 percent of total revenue, a figure which grew by 50 percent compared to the first quarter of 2021. Pre-tax earnings for the full year are likely to reach around EUR 58 million at Group level (previously: EUR 54.5 Extensive and complex projects.

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Groups Taxes Regional America 60

PYMNTS

DECEMBER 3, 2019

News has emerged, via Bloomberg , that Singapore-based automotive subscription operation Carro has gained the top automotive investment banker for HSBC in Asia as the company’s new chief financial officer. The venerable automaker has agreed to sell its own vehicle subscription operation to Fair, a startup in this space. Ford Retreat.

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Nashville Tennessee Philadelphia Branding 130

Ublocal

JUNE 5, 2023

Below is a list of the core requirements: Must be an operating business, organized for profit Located in the U.S. and primarily operating in the U.S. Pay taxes to the U.S. If requested, you’ll also need to provide your personal tax returns from the past three years. Sole proprietors can provide their Schedule C.

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New Hampshire Vermont Resources Taxes 98

PYMNTS

JANUARY 14, 2019

The ingredients for a revolution in payments across the region, fueled by demographics and technology, seem to be there. You can imagine how all of these factors will come together to drive eCommerce across the region.”. Africa as next great eCommerce frontier? Last month, Emergent acquired Interpay , a Ghana-based payments processor.

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Mobile social media Taxes Technology 212

PYMNTS

JUNE 27, 2016

“These voluntary resignations included members of the [retailer’s] leadership team and other employees that performed critical functions, including [its] director of tax, director of strategy and customer insights, senior director of social media, senior director of operations procurement, and various regional managers.”.

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social media Leadership Retail Taxes 102

PYMNTS

NOVEMBER 16, 2020

We’ve noted that the stage has been set for M&A to ramp up, due in part to lower corporate taxes, which gives firms higher profits, which in turn gives them more money to both extend loans (building up customer bases) and have money in hand to pursue deals.

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Google Course Strategy Innovation 189

PYMNTS

JUNE 2, 2016

APEX Analytix , which focuses on supply chain management and optimizing the use of working capital, late last month announced the newest release of its FirstStrike SmartVM, which is software geared toward sourcing, scrubbing and simultaneously cleaning data that flows across corporate clients’ transoms about their suppliers.

Data 100

Data Analytics Fraud Taxes 100

PYMNTS

SEPTEMBER 6, 2016

It may seem like global expansion for the expense management company, but according to CEO David Barrett, it’s simply a reflection of the already globalized operation of the company. In fact, he says, expense reporting and accounting management has always had to be capable of supporting international corporate spend.

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Report Management Technology Tools 100

PYMNTS

DECEMBER 11, 2019

In Norway, banking group Eika Group announced an investment in and collaboration with EedenBull in an effort to help traditional financial institutions in the region strengthen financial services to business clients. Now they don’t have to. Alliance Bank Taps Into Ephesoft Data Capture.

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Fintech Groups Data Strategy 132

PYMNTS

FEBRUARY 13, 2017

For merchants, conducting cross-border trade often means following another nation’s local rules around payment acceptance, compliance, taxes and physical requirements and a host of other factors that vary between borders. guitar manufacturer encountered trouble with Canadian customs when it tried to expand its sales operation there.

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Compliance Taxes Regulation Operations 100

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. In Spain, regulators are reportedly exploring how to support blockchain developers.

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blockchain Los Angeles Regulation Oregon 130

PYMNTS

JULY 27, 2018

Plus, cybersecurity, B2B eCommerce, expense management, small business finance and other verticals took home new funding. Corporate expense management startup Divvy landed $35 million in Series B funding this week led by Insight Venture Partners. Cybersecurity startup Siemplify operates in the S.O.A.R.

Payments 101

Payments Capital Security Management 101

South State Correspondent

MARCH 16, 2022

We want to share his strategy so that community banks can manage their marketing more effectively. The borrower, on the other hand, wants the shortest loan possible so long as they have sufficient cash flow to handle the debt service and provide enough capital for both operations and growth. Usually, this also means a longer-term loan.

How To 195

How To Community Bank Community National 195

PYMNTS

MAY 4, 2017

In conversation with Cardtronics’ Brian Bailey, managing director for Global Financial Institutions, and Tom Pierce, chief marketing officer of the firm, Webster noted that even with the rallying cry of a war on cash in the digital economies — and in emerging markets — cash is alive, doing well and actually growing in terms of usage.

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ATM Millennials United States Study 192

PYMNTS

DECEMBER 8, 2016

businesses are attracted to digital invoicing for a slew of financial benefits: faster, more efficient accounts payable and reconciliation processes, a reduction in the threat of errors due to manual data entry and ability to capture early payment discounts thanks to an accelerated invoice management process. In the U.S., Still, U.S.

Compliance 100

Compliance Regulation Taxes Fraud 100

Jeff For Banks

FEBRUARY 11, 2019

in operating expenses in 2018, five percent of which is in the Call Report category "Data Processing Expense", defined as expenses paid for data processing and equipment such as telephones and modems. It would be a travesty of management. And JPM received a huge boost from tax cuts. STI: $216B / 1.34% / 11.50% / 15.5% / 3.1%

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Data Conference Taxes Regional 60

PYMNTS

OCTOBER 22, 2018

And New England isn’t the only place enjoying the autumn chill as it sets in — although we are perhaps enjoying it more colorfully with the region’s famed foliage. They may pretend to be the IRS and tell people they cannot use other payment methods because of their delinquent tax status,” according to the FTC.

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Data Fraud Cards Regulation 134

South State Correspondent

MARCH 28, 2024

The breadth of these programs is massive and combines grants, tax credits, production incentives, tax relief, and private investment stimulus. This is all on top of the tax benefits, such as the Employee Retention Credits businesses still claim have yet to be dispersed.

America 195

America Strategy Taxes Community 195

PYMNTS

APRIL 14, 2017

After it became illegal in the United States through the Marihuana Tax Act of 1937, the business of selling cannabis went mostly underground. For the retailer, there are real technological barriers: Most retailers have limited technology experience — even the more sophisticated operators — and many do not have even basic websites.

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Las Vegas Los Angeles Retail United States 140

Insights on Business

JULY 20, 2017

It also creates its own products and has its own back-office operations. This solution became an overnight success and turned into a form of payment that is now accepted by the most merchants in the bank’s region. Other banks in the region tried to build alternative solutions. The data aggregator. Open banking for all.

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Fintech Mobile Examples Data 181

PYMNTS

AUGUST 2, 2018

Transit agencies would save money because of lower operating costs, and transit systems would have a new way of attracting young urban dwellers predisposed to contactless and mobile. Efficient management, in fact, is a main factor that payment providers bring up when pitching the benefits of contactless fares. Chicago View.

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Apple Chicago New York City Training 101

PYMNTS

JANUARY 19, 2021

But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. The shift to digital commerce has opened up new markets for companies across all verticals and sizes.

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Branding Taxes Fraud Regulation 322