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CashCall, Courts And California’s Increasingly Confusing Lending Market

PYMNTS

Headquartered in Orange County, California and founded in 2003, CashCall is a big firm that consumers likely know best from its early commercials featuring the late Gary Coleman. All that to say this has been an especially tough week for CashCall, and possibly the entire installment lending industry in the state.

Lending 101
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Adapting lending policies in a ‘negative-for-long’ scenario

BankUnderground

In a recent paper we explore the effect on bank lending by combining data on exposure to negative rates with banks’ balance sheets, the Spanish credit register and firms’ balance sheets. This effect was especially strong for undercapitalised banks and lending to risky firms. Why might negative rates work differently?

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Data Dive, Farewells Edition: Apple, Chase, SoFi, Uber

PYMNTS

The iTunes storefront for purchasing music, movies and TV may remain up and running within the major apps, but it will be less of a central focus as Apple redirects its attention to the booming subscription eCommerce market. It also came to the market at just the right time – about 10 months before the iPod hit the market in October 2001.

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The Future of Noninterest Income at Financial Institutions

Abrigo

Financial institutions generate most of their income by lending and investment activities. Once accounting for 46 percent of bank revenue (2003), more recently, noninterest income averages closer to 34 percent (2018). Types of Noninterest Income. An important source of revenue. And it is trending downward.

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Sizzle Or Fizzle: The Ant Financial IPO?

PYMNTS

As is well known by now, Ant Financial , the Chinese micro-lending Internet player, has raised a whopping $4.5 The funding is a striking portrait of demand by investors with dry powder to gain entry into a nascent, technology driven market. But there are such things as natural market forces, and price discovery that comes in tandem.

Apple 100
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Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

PYMNTS

More so than the average SMB, independent pharmacies are particularly affected by the state of the healthcare market and its regulatory shifts. While all small businesses may struggle with cash flow, certain market forces in the pharmaceuticals and healthcare space make owning a small pharmacy a challenging endeavor.

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The Final CFPB Prepaid Card Rule Is Here (Expect Controversy)

PYMNTS

The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. The user base of prepaid cards has grown significantly as well.

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