Bank Innovation

MARCH 23, 2020

The most common long-term concern among financiers accounting […]. Financial institutions are rushing to reinforce digital channels and ramp up cybersecurity measures as people increasingly work and bank from home, and fears about the longstanding effects the coronavirus on the U.S.

Fintech 259

Fintech Data Customer Experience Innovation Strategies 259

Payments Dive

APRIL 6, 2022

As cryptocurrency adoption grows worldwide, many Americans are increasingly interested in it, according to several new surveys. However, many consumers acknowledge they still don’t fully understand cryptocurrencies.

cryptocurrency 334

cryptocurrency Survey 334

PYMNTS

MARCH 30, 2020

This week’s B2B data digest looks at some of the other businesses that are vowing to accelerate payments to their suppliers — and others that have decided to extend payment terms to support their own cash flow needs. 14 day payment terms are in place at Absa Bank Kenya for its suppliers , Standard Media recently reported.

Payments 223

Payments Marketing Retail Report 223

Bank Innovation

JANUARY 24, 2020

In August, Google announced a global crackdown on Android apps that offer short-term loans, saying it wanted to protect consumers from what it called “deceptive and exploitative” terms.

Google 243

Google Lending 243

PYMNTS

MAY 31, 2020

Vector Travel , which furnishes properties, handles marketing and does guest communications for landlords looking at doing short-term rentals, has instead pivoted to mid-term rentals during the pandemic. The company used to allow bookings for up to 29 nights but is now offering up to 90 nights.

San Francisco 181

San Francisco Washington Capital Report 181

PYMNTS

MAY 2, 2019

Lengthening payment terms between corporate buyers and suppliers have built up a bad reputation in the B2B space — thanks, in part, to payment practices deployed by large entities like Carillion in a demonstration of buying power abuse over smaller vendors. That means customers must stick to agreed-upon terms (i.e.,

Payments 158

Payments Capital Strategy Company 158

PYMNTS

OCTOBER 12, 2020

In B2B payments, terms range from those that exceed the comfort levels of businesses to those that are unusually prompt. This week’s B2B Data Digest highlights one organization’s 15-day payment terms for some suppliers along with research that highlights the prevalence of late payments challenges. s Federation of Small Businesses.

Payments 185

Payments Policies Report Resources 185

BankUnderground

JUNE 13, 2023

More specifically, do short and long-term unemployment (by long-term unemployment we mean individuals who are unemployed for 27 weeks or longer) play separate roles in the Phillips curve?

Policies 82

Policies US Regional Exercises 82

PYMNTS

NOVEMBER 9, 2020

In one instance, a brand required 60-day payment terms of a vendor, then filed for bankruptcy 14 days later. Reports in The Construction Index revealed that Travis Perkins notified its suppliers it would be extending payment terms, citing work-from-home requirements of its accounts payable staff related to COVID-19.

Payments 176

Payments Survey Ohio Branding 176

PYMNTS

APRIL 21, 2020

For instance, the trade finance company will extend the length of time for financing payment terms to 180 days. Tradewind said this will allow for companies to offer extended payment terms to buyers, which can lead to more transparent relationships.

Payments 141

Payments Company Retail Industry 141

Chris Skinner

MAY 27, 2018

It goes something like: Banks have millions of customers, billions of capital and centuries of history, but are hampered by heritage; Start-ups have no customers, little capital and no history, but are driven … The post The long-term banking future: who are the winners? appeared first on Chris Skinner's blog.

Capital 259

Capital Digital Banking Technology Fintech 259

PYMNTS

OCTOBER 1, 2020

Even as it wraps up a study of the pros and cons of launching a digital currency, ECB executives want to trademark the term “digital euro,” Bloomberg reports. The European Central Bank (ECB) has taken what could be a big first step toward launching a digital currency.

Study 225

Study Report Innovation Operations 225

PYMNTS

JUNE 5, 2020

Rental company Zillow said on Thursday (June 4) that it was experiencing more requests for long-term rentals instead of the short-term ones it is usually known for, CNBC reported. In connection with that, homeowners have pivoted towards a longer-term rental model due to the effects of the coronavirus. Travel Association.

Report 130

Report Analytics Data Industry 130

TheGuardian

MARCH 8, 2024

Bulgaria’s ‘eternal optimist’ in favour with European finance ministers after first five-year stint encompassing Covid and Ukraine The head of the International Monetary Fund , Kristalina Georgieva, will run for a second five-year term after being nominated by a string of European countries to lead the global lender. Continue reading.

Policies 78

Policies Marketing 78

PYMNTS

MAY 1, 2019

Sales solutions company Brandwise will deploy technology from B2B capital platform Fundbox to enable net payment terms for its suppliers, agencies and retailers, the companies announced today (April 30). “And for our retailers, we want them to have access to business capital and better terms so their businesses can prosper.

Retail 134

Retail Capital Company Payments 134

PYMNTS

MAY 6, 2020

Dissatisfied with Airbnb and other short-term rental companies, many hosts have created their own direct-booking websites to boost business and end years of frustration with the original online marketplace for lodging and its competitors, according to CNBC. Some of these websites have been in the works before the pandemic struck.

Puerto Rico 146

Puerto Rico Policies Maine Tools 146

The Paypers

MARCH 18, 2024

Online B2B wholesale marketplace FASHIONGO has announced the launch of Dynamic Net Terms, a solution that aims to increase access to funds for retailers.

Retail 41

Retail Online 41

PYMNTS

AUGUST 12, 2020

s mobile payment app, has launched a pilot program to offer short-term loans of up to $200, TechCrunch reported. “We ” Under the terms of the loans, which start at $20, payment is due within four weeks. Cash App, Square Inc.’s We look forward to hearing their feedback and learning from this experiment.”

San Francisco 176

San Francisco Survey Cards Report 176

PYMNTS

SEPTEMBER 24, 2019

Well, that’s not entirely true – things tend to work pretty well for the largest firms out there, as the largest buyers can basically set their own terms and essentially pay when they want. trillion “Net Terms Economy” is what’s owed in accounts receivable for U.S. But for pretty much everyone else, it’s broken.

How To 171

How To Payments Capital Innovation 171

PYMNTS

MAY 7, 2020

With “formal notice” provided to its clients that demand lengthier payment cycles, supply chain finance company Greensill said it has provided a last warning to firms that use its offerings to extend small business payment terms further than 30 days.

Compliance 150

Compliance Payments Report Company 150

PYMNTS

AUGUST 20, 2020

Major news companies are joining other firms that are trying to get better terms on Apple ’s App Store , which is used often to draw new digital customers, The Wall Street Journal (WSJ) reported. Under the current terms, publishers pay Apple 30 percent of the first-time subscriber payments from iOS apps.

Apple 130

Apple Washington New York Video 130

PYMNTS

APRIL 7, 2020

As merchants call off orders and lengthen payment terms amid the COVID-19 pandemic, fashion industry suppliers in Britain are cautioning that they could be taken out. Lugg continued, “Terms are routinely being taken from 60 days to 120 or even 150 days?…?it it could take out a lot of suppliers.”.

Retail 130

Retail Course Payments Report 130

PYMNTS

MAY 25, 2020

But there could be many long-term consequences of these immediate changes, PYMNTS’s analysis reveals. “Companies cannot simply look at past data to create models on which they can base long-term predictions,” noted GEODIS’s Reed. Now is not the time to withhold payment, now is not the time to enforce credit.

Strategy 143

Strategy Payments Analytics Analysis 143

PYMNTS

JUNE 18, 2020

The higher fees, Liang and English said, would encourage more banks to participate in the program, which has been criticized for its specific and limiting terms. The two also recommend increasing the terms. Under the current terms, loans can be repaid within five years and can be delayed for two years.

Maine 141

Maine Lending Meeting Capital 141

PYMNTS

DECEMBER 10, 2018

7) said accounts receivable management and B2B payments company Apruve will provide the B2B payments capability that enables businesses using the 3dcart platform to purchase goods for their business to pay for those goods on the same platform, even if they are paying on net terms. A press release issued Friday (Dec.

Payments 148

Payments Tools Lending Online 148

PYMNTS

MARCH 25, 2020

Ambur Storozynsky, who manages properties in Canada, said the business model shift was inevitable as the need for short-term rental has dried up due to the lack of people traveling while the virus spreads. Storozynsky was busy recently converting two of her rentals into long-term units.

Nashville 131

Nashville Tennessee Management Operations 131

Qudos Bank

FEBRUARY 15, 2024

If you’re looking for a low-risk investment, then you may want to consider putting your money into a Term Deposit. A Term Deposit could help you achieve your savings goals. If you’re considering placing your money into a Term Deposit, then it’s important to weigh up your options, so you can make an informed decision.

Regulation 52

Regulation US Security Video 52

PYMNTS

MARCH 2, 2020

New York City said the startup is working to help people break the rules for short-term rentals. Court documents focus on a particular phrase used by Guesty in which it referred to long-term tenants as a “ball and chain” crippling landlords. Guesty had no comment as of Monday (March 2).

New York City 130

New York City New York Management Company 130

PYMNTS

OCTOBER 30, 2020

The Federal Reserve Board has modified the terms of the Main Street Lending Program (MSLP) to make it more obtainable for smaller businesses, according to a Fed statement on Friday (Oct. Loan documents outlining the modified terms are anticipated to be available sometime next week.

Maine 133

Maine Lending Security Payments 133

Bank Innovation

SEPTEMBER 4, 2019

Specializing in non-discretionary purchases like auto repair and medical expenses, Sunbit is trying to improve its loan terms by lending to more borrowers and creating more data points. Sunbit, a point-of-sale lending company, is using recent credit file data to underwrite borrowers without FICO scores.

Los Angeles 150

Los Angeles Data Lending Company 150

Commercial Lending USA

DECEMBER 15, 2023

Looking for commercial loans in the USA? Commercial Lending USA specializes in arranging commercial mortgages for businesses and commercial purposes nationwide. Get the funding you need today!

Lending 76

Lending Resources 76

South State Correspondent

JULY 31, 2019

Up until a few months ago, we didn’t know that the industry had started coining the term “fixed-rate loan program.” In the last few months, more than a dozen bankers have reached out to us about the merits of a fixed-rate loan program. Now, this seems to be a thing and we, not surprisingly, have an opinion on the matter.

US 150

US Industry 150

CFPB Monitor

MARCH 23, 2023

The CFPB has announced that it has made changes to its semi-annual survey of credit card term. According to the CFPB, the changes are “designed to increase price competition in the credit card market by allowing people to comparison shop for the best prices and products.”

Survey 78

Survey Cards Comparison Data 78

BankUnderground

AUGUST 17, 2023

We outline a framework for mapping labour market indicators to near-term employment and pay growth, drawing on established insights from the ‘nowcasting’ literature. Harvey Daniell and Andre Moreira The latest developments in the labour market are often central to monetary policy decisions.

Marketing 79

Marketing Trends Policies Data 79