TheGuardian

FEBRUARY 26, 2022

Questions raised over sponsorship of exhibitions by scandal-hit Swiss bank The National Gallery’s partnership with Credit Suisse has been thrown into question after leaked documents revealed the hidden wealth of the bank’s criminal clients, including drug traffickers, money launderers and corrupt politicians.

National 90

National Company 90

PYMNTS

NOVEMBER 28, 2020

Back in 2010 after the 2008 market crash, American Express wedged in a new commercial holiday between Black Friday and Cyber Monday, dubbed Small Business Saturday. As a companion to National Salesperson Day on Dec. 14 already has a made-up commercial holiday: National Free Shipping Day , in effect since 2008.

social media 198

social media National US Retail 198

PYMNTS

DECEMBER 9, 2020

Lukies said that prior to the 2008 financial crisis, regulators and the like normally left banks to their own devices, as long as they didn’t mess it up so that people couldn’t pay their bills or go shopping. Before 2008, banks were making a lot of money from a lot of things,” noted Lukies.

Innovation 306

Innovation Fintech Payments Regulation 306

Perficient

AUGUST 16, 2023

Heartland Tri-State began operations in 1985 under the name First National Bank of Elkhart. He was promoted to President and CEO in 2008. In 2017, the bank was converted from its National Charter to a Kansas state-chartered bank and renamed Heartland Tri-State Bank.

United States 221

United States Kansas FDIC Risk Management 221

PYMNTS

DECEMBER 8, 2020

The theory most famously put forth by the Washington Post’s Catherine Rampell is that millennials were scared by the mortgage market meltdown that triggered the Great Recession in 2008, preferred to live in cities and were unwilling to tie themselves to a single location the way previous generations had. Today’s Buying Boom .

Millennials 353

Millennials United States Marketing National 353

PYMNTS

FEBRUARY 19, 2019

It also marks the highest growth rate since 2008, NACHA said in the press release. The value of 2018 ACH payments was more than two and a half times that of the gross domestic product of the nation in 2017. According to NACHA, ACH Network volume hit close to 23 billion payments in 2018, marking a year-over-year increase of 6.9

Payments 206

Payments National Operations 206

Abrigo

DECEMBER 14, 2014

Many would point to imprudent lending standards as a leading cause of the financial crisis of 2008, and in turn, financial institution regulators have since bolstered lending standards and capital thresholds as a preventive measure against a similar crisis.

Guidelines 223

Guidelines Payments Lending Capital 223

PYMNTS

FEBRUARY 11, 2020

Uber Money in India would be reportedly based on Unified Payments Interface (UPI), the real-time payment system of the National Payments Corp. billion earlier in January and started in 2008. of India (NPCI). In separate Uber news from India, the ride-hailing service is selling its delivery offering to competitor Zomato for a 9.99

San Francisco 186

San Francisco Fintech Analytics New York 186

PYMNTS

MARCH 5, 2019

While spending tends to increase in the fourth quarter because of the holiday selling season, the Federal Reserve said it’s the first time credit card balances reached “the 2008 nominal peak,” the report said. The nation ended the year with $13.5 consumers as of the fourth quarter. trillion in debt, a record for the U.S.

Cards 186

Cards Groups Report National 186

PYMNTS

APRIL 14, 2020

The gig economy is set to expand and take on new importance as the nation and world recover from COVID-19. As is the case today, albeit on a far smaller scale, the market crash of 2008 left millions unemployed and scrambling. While there is no roadmap at present, fortunately, there are pathways.

Millennials 224

Millennials Compliance Payments National 224

PYMNTS

MARCH 29, 2020

As the coronavirus spreads throughout the United States, Treasury Secretary Steve Mnuchin told “ Face the Nation ” Sunday (March 29) that Americans should be receiving $1,200 stimulus money within the next three weeks. ” Mnuchin emphasized that this was not a bailout in the mode of the one done during the 2008 financial crisis.

Nebraska 175

Nebraska United States Guidelines California 175

CFPB Monitor

DECEMBER 17, 2014

“Servicemembers returning from active duty often need time to regain their financial footing, particularly those in the National Guard and Reserves who give up their full-time jobs to fight for our freedom. Congress extended the protection period from three to nine months back in 2008 and then to one year in 2012.

Leadership 133

Leadership Policies Compliance National 133

Abrigo

NOVEMBER 14, 2014

The employees also received stock options after the institution didn’t go public in 2008. 1st National Bank. Operating eight branches in east-central Wisconsin, 1st National Bank places importance on employee health. Their wellness program brings the bank in at No. 3 on American Banker’s list.

Nashville 170

Nashville Wisconsin Tennessee National 170

Perficient

JUNE 25, 2024

Learning from history, he referenced the lack of regulatory controls in derivatives and financial engineering before the 2008 financial crisis, and more recently, the unregulated growth of cryptocurrencies leading to the “Crypto Winter” of 2022.

Case Study 221

Case Study Risk Management Analysis Innovation 221

Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. billion at the end of 2014, the lowest since the end of the first quarter of 2008. percent – the highest level since the third quarter of 2008. Reserves totaled $122.6 percent to 75.4

Community Bank 150

Community Bank Community FDIC Industry 150

Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. billion at the end of 2014, the lowest since the end of the first quarter of 2008. percent – the highest level since the third quarter of 2008. Reserves totaled $122.6 percent to 75.4

Community Bank 150

Community Bank Community FDIC Industry 150

PYMNTS

MARCH 22, 2019

The country’s national Aadhaar system has already issued unique 12-digit ID numbers to more than 1 billion residents since its launch in 2008, a figure that includes almost the entire Indian population. Such frictions could disrupt transactions between merchants and returning customers using new devices. .

National 150

National User Experience Cards Data 150

CFPB Monitor

MAY 6, 2019

reintroduced a bill , the “Protecting Consumers From Unreasonable Credit Rates Act of 2019,” that would create a national interest-rate cap of 36% on consumer loans. Supporters of the legislation include the NAACP, AFSCME, and National Consumer Law Center. Last week, Senator Dick Durbin, D-Ill.,

National 101

National 101

PYMNTS

OCTOBER 5, 2016

Labor saving devices and minimum wage hikes from 2000 to 2008 did not result in a significant drop in the food service sector, according to DePaul University and the Federal Reserve Bank of Chicago. percent annually through 2024, in line with the national average, according to the Bureau of Labor Statistics.

Chicago 161

Chicago National Industry Operations 161

PYMNTS

JUNE 29, 2016

First, the housing market is still recovering from the worldwide crash in 2008, but the crash affected millennials less than other demographic groups because many were still in high school or college at the time and were mostly already living with their parents. That number hit 21.3 million households in 2014, while 11.4

Millennials 186

Millennials Study Trends Marketing 186

Abrigo

AUGUST 26, 2015

“… it’s not 2008.”. This is the sentiment of several high-profile executives regarding the National Credit Union Administration’s (NCUA) stance on examination cycles for credit unions. This followed further transparency of the NCUA’s budget, which noted $6.39 million allocated to examiner airfare and auto rentals.

Survey 150

Survey Community National Community Bank 150

PYMNTS

AUGUST 18, 2016

While Asian Americans surveyed plan to retire more than a year earlier compared to the national average, 69 percent [of] respondents view themselves as not well-prepared to make financial decisions, and very few actually consult financial professionals,” Prudential said in the press release announcing the upcoming survey. households owed $12.25

Survey 100

Survey Trends Lending National 100

PYMNTS

MARCH 8, 2019

.” In its announcement, Funding Circle highlighted data released by the Canadian government that found small and medium-sized businesses employ an estimated 90 percent of the nation’s private sector workforce. market.

Lending 149

Lending Operations National Strategy 149

PYMNTS

NOVEMBER 26, 2020

Turkey didn’t become standard fare on the Thanksgiving table for over another 200 years when Abraham Lincoln officially declared it a national holiday in the 1860s. Before the new spike in cases, 55 million Americans were forecast to travel during Thanksgiving, down at least 10 percent and the largest year-over-year decrease since 2008.

National 267

National Online Meeting Report 267

CFPB Monitor

SEPTEMBER 15, 2023

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra recently addressed The Mortgage Collaborative National Conference recounting the Congressional response to the mortgage industry crisis that began in 2008 that resulted in the creation of the CFPB.

Conference 88

Conference Regulation National Industry 88

PYMNTS

AUGUST 8, 2019

Food trucks have been around since the 1970s, when taco trucks began making the rounds in New York City, but didn’t become a national sensation until 2008 when two events coincided in such a way as to make a long extant — but largely niche — subsegment of the restaurant game into a mass market phenomenon.

New York City 134

New York City Cleveland social media National 134

PYMNTS

JANUARY 11, 2021

Meanwhile, the National Restaurant Association estimates that more than 100,000 eateries have either closed permanently or at least long term due to the pandemic. That’s nearly twice the drop that retail rents saw following the 2008 Great Recession. That’s one out of every six. Some Good News.

Los Angeles 207

Los Angeles Retail San Diego San Francisco 207

South State Correspondent

APRIL 10, 2023

CRE Risk Circa 2008 If all this feels too familiar, these are the same conditions that were present in late 2007 when the Fed raised overnight rates from 1.00% to 5.25%, and many financial institutions had a negative market-to-market on their assets. At the start of the year, pricing reverted to its mean of around 247.

Community Bank 195

Community Bank Community Los Angeles Regional 195

PYMNTS

NOVEMBER 18, 2019

1 when City National Bank of New Jersey closed its three branches with assets of about $120.6 Bank failures increased dramatically in the last financial crisis, rising from 25 in 2008 to 140 in 2009. The most recent failure was on Nov. million and deposits totaling $111.2 The number reached a peak of 157 in 2010.

Kentucky 140

Kentucky FDIC Ohio US 140

PYMNTS

NOVEMBER 26, 2018

Passed in 2008 in Illinois, the Biometric Information Privacy Act is the toughest standard for biometric privacy in the nation, imposing strict rules on how companies can collect data like fingerprints from a person, requiring consent before obtaining the information.

Illinois 139

Illinois US Chicago Google 139

PYMNTS

FEBRUARY 4, 2019

A series of regulations was established to encourage a safer, more transparent financial services environment following the 2008 financial crisis. Money laundering remains a significant problem in the financial services sector, though, despite the urgency brought about by 2008.

How To 161

How To Regulation Compliance Meeting 161

PYMNTS

MAY 13, 2020

When the coronavirus pandemic struck the nation two months ago, panicked customers stockpiled paper goods, shelf-stable foods and other essentials as states shut down. Sales of store brands, so-called private labels, which are priced lower than national brands, have surged during the pandemic. But that’s all changed.

Survey 131

Survey US Branding Analytics 131

PYMNTS

SEPTEMBER 21, 2020

The expansion and collaboration with Western Union Business Solutions will assist in it reaching the international payments network of Western Union that covers 200 nations and territories in more than 130 currencies globally. The sector is reportedly making a more formidable rebound than following the 2008 financial crisis.

Payments 141

Payments Groups National Regulation 141

PYMNTS

APRIL 16, 2020

The clear lesson from 2008 is that preparing early is key to weathering the storm and emerging in a position to continue long-term growth, as we have done over the past decade,” he said in the memo. .

Google 140

Google Apple National Mobile 140

TheGuardian

FEBRUARY 9, 2023

Gillian Lynne theatre, London Hadley Fraser, Nigel Lindsay and Michael Balogun are astonishing as the 18th-century bankers who helped to define the American dream The Lehman Trilogy premiered in Europe just five years after the eponymous bank’s collapse and then arrived at London’s National Theatre a decade on from the financial earthquake of 2008.

Alabama 91

Alabama National US 91

PYMNTS

JANUARY 1, 2020

The national jobs index hit 98.16 Wage growth has been on the rise since the 2008 financial crisis, sometimes slow but mostly steady. “Small business job gains have flattened in the second half of the year as labor markets prove very tight,” said James Diffley, chief regional economist at IHS Markit. “In percent mid-year to 4.13

Tennessee 133

Tennessee Michigan Ohio Regional 133

PYMNTS

APRIL 24, 2019

Reports in The National Law Review on Tuesday (April 23) said proponents of the bipartisan bill remain optimistic about its eventual passage into law. Atradius data published in March found that 2019 is likely to be the first year since 2008 in which insolvencies rise. The bill, first introduced last November and sponsored by Rep.

North Carolina 141

North Carolina Conference National Retail 141