PYMNTS

SEPTEMBER 24, 2020

There is growing talk, too, of FIs pulling back from small business loans as they did in the wake of the 2008 financial crisis. As such, a regionally focused financial institution could be best-positioned to address those fluctuating market needs. Surviving Low Interest Rates.

Community 193

Community Community Bank Regional Lending 193

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.

Millennials 353

Millennials United States Marketing National 353

PYMNTS

JANUARY 1, 2020

“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 Wage growth has been on the rise since the 2008 financial crisis, sometimes slow but mostly steady. The Southern region led small business growth.

Tennessee 133

Tennessee Michigan Ohio Regional 133

PYMNTS

DECEMBER 18, 2019

A Swedish regulator has opened an investigation into SEB, one of Sweden’s largest banks, over an increasingly volatile money-laundering scandal that has adversely affected the reputation of the region’s banking industry, according to a report by the Financial Times. It also said its measures had “increased over time.”.

Regulation 133

Regulation Regional Report Industry 133

Abrigo

MARCH 20, 2015

For the largest of American financial institutions – those that much of the public banks with for checking, mortgages and auto loans – stress testing regulations have been passed and executed to avoid a repeat of 2008. The list highlights the top 20 banks within each region of the U.S. with the lowest Texas Ratios.

Texas 150

Texas Regional California Community Bank 150

PYMNTS

JANUARY 30, 2019

What’s more, companies must also work to remain compliant with the laws in place across the different regions where they operate. The inaugural edition examines how the 2008 financial crisis led to the current state of compliance and regulations, and why many FIs still struggle with standardization. News From The AML/KYC Ecosystem .

How To 170

How To blockchain Compliance Fraud 170

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

BankUnderground

JUNE 3, 2020

Then from 2000 to the start of the financial crisis in 2008, house prices doubled while rates barely budged. There has been large variation in house price growth across regions of the UK. London has seen the highest growth in house prices of any region. On a regional basis, house prices in the North East have grown the slowest.

Regional 138

Regional Taxes Policies Data 138

PYMNTS

APRIL 3, 2020

Bookings were off up to 90 percent in particularly hard-hit regions, data from independent monitoring firm AirDNA indicated. The Silicon Valley startup unicorn was founded in 2008 by Brian Chesky, Joe Gebbia and Nathan Blecharczyk. The company indicates that it has 4,500,000 listings in over 65,000 cities in 191 countries.

Regional 140

Regional Meeting Capital Report 140

PYMNTS

APRIL 6, 2017

Since we started investing in Europe in 2008,” Bowden continued, “we have expanded our focus from primarily U.K.-headquartered headquartered startups to invest across the region and have now backed companies from France, Germany, Greece, Italy, Spain and Sweden. As we look to the future, the U.K.’s As we look to the future, the U.K.’s

Regional 122

Regional Capital New York California 122

PYMNTS

MARCH 20, 2020

Sweden’s oldest retail bank will face a hefty $386 million fine for a scandal that erupted last year over the bank’s poor handling of money laundering issues in the Baltic region, according to Reuters Thursday (March 19). Swedbank first entered the Baltics in the 1990s after the Soviet Union disbanded.

United States 139

United States Regional Retail Report 139

PYMNTS

OCTOBER 24, 2017

Most industries took a major hit during the 2008 recession, especially in the building and construction sector. regions are growing, not all of them are growing at the same rate. The number of construction companies has been growing steadily since 2012, when they began to recover from the 2008 economic recession. fitness market.

Maine 104

Maine Regional United States Retail 104

PYMNTS

FEBRUARY 27, 2020

Morgan Stanley would ideally be looking for companies that could add products or new regions for its investment management unit. However, Morgan Stanley’s buy of the eTrading platform was the biggest deal by a major Wall Street bank since before the financial crisis of 2008. financial industry.

Management 140

Management Conference Regional Company 140

PYMNTS

MAY 27, 2020

To lead strategic planning for the firm overall and in conjunction with its regional teams, Chris Newkirk is coming to Visa Inc. Newkirk has held multiple leadership roles at Capital One since 2008, most recently as president of Small Business, International & Walmart Partnership. as its new chief strategy officer.

Strategy 131

Strategy Leadership United States Washington 131

PYMNTS

DECEMBER 8, 2019

million people, a fifth lower since 2008. The region’s struggling financial institutions are mostly comprised of investment banks suffering from a combination of revenue declines and market share losses to U.S. Lenders across Germany, the U.K., The workforce at Europe’s 10 largest banks is down to 1.1 banks dropped about 7 percent.

Strategy 141

Strategy Regulation Regional Marketing 141

South State Correspondent

AUGUST 16, 2023

This data is consistent across regions. New, post-2008 underwriting guidelines are having a positive effect on credit. LTVs remain at elevated levels and slightly above the last record of 2008. Per card balances are spiking but below 2008, meaning more cards are in everyone’s wallet. restaging their wallet”).

Trends 195

Trends Cards Capital Data 195

PYMNTS

OCTOBER 8, 2019

Three former Barclays executives are facing a retrial and accused of participating in a “dishonest mechanism” to pay Qatar extra fees in exchange for emergency fundraising to avoid a bank bailout during the financial crisis in 2008. The bank allegedly looked to the Middle East twice in 2008, once in June and once in October.

Fraud 108

Fraud Regional Report Security 108

Celent Banking

DECEMBER 9, 2016

Treasury must address challenges with managing liquidity distributed across markets, currencies, and businesses, especially the need to keep up with regional liquidity nuances and regulatory issues. Eight years on from the 2008–2009 financial crises, global economic growth remains sluggish, hovering between 3.1% since 2012.

Regional 100

Regional Management Fintech Strategy 100

BankInovation

MARCH 27, 2023

The deal to settle SVB’s fate could help tamp down some of the turmoil that has engulfed the financial world, and shares of regional banks […] First Citizens BancShares Inc. agreed to buy Silicon Valley Bank after a run on deposits wiped out the company in the biggest US bank failure in more than a decade.

Regional 52

Regional US Company 52

Abrigo

MARCH 12, 2015

By Erik Lively, Regional Valuation Consultant, Sageworks. Consider whether industry data used in valuations can be segmented by revenue size and geographic regions. Indeed, a 2008 analysis of multiple studies on spreadsheet errors found that 88 percent of spreadsheet documents audited in those studies contained errors.

Industry 150

Industry Data Tulsa Analysis 150

Abrigo

MARCH 12, 2015

By Erik Lively, Regional Valuation Consultant, Sageworks. Consider whether industry data used in valuations can be segmented by revenue size and geographic regions. Indeed, a 2008 analysis of multiple studies on spreadsheet errors found that 88 percent of spreadsheet documents audited in those studies contained errors.

Industry 150

Industry Data Tulsa Analysis 150

TheGuardian

MAY 4, 2023

Regional lenders such as PacWest and Western Alliance are not seen as systemically important and more consolidation is ahead Trading halted in shares of two more US lenders as fears of banking crisis mount Shares in two more US regional banks have been suspended. That may be true. It is specific US banks that are the problem.

Los Angeles 77

Los Angeles US Regional Regulation 77

PYMNTS

OCTOBER 18, 2019

In an attempt to encourage regional investment, Mao Shengyong, a spokesman for China’s statistics bureau, told Reuters that Beijing could decide to issue bonds this year instead of waiting until 2020. Authorities will loosen policies, but in a more restrained way.”.

Policies 100

Policies Regional Data Report 100

PYMNTS

MAY 5, 2017

from 2008 to 2010 said in several interviews the pressure-filled sales environment led bankers in her branch to go after undocumented vineyard workers to meet the daily quota of opening eight new accounts each day. According to a report in American Banker , Guitron, who worked for Wells Fargo in St. Helena, Calif.,

Regional 119

Regional America Lending Meeting 119

PYMNTS

MARCH 21, 2019

Based in Germany, ayCash was founded in 2008 by Hans Hezel, and it operates YesCash and Cash4Less. We continue to see strong growth in Germany and are committed to continuing to serve our customers in the region today and into the future,” Gibbons said. “In

Data 122

Data Tools Cards Regional 122

Independent Banker

JANUARY 31, 2022

This region has the kind of energy that draws people to a place and helps them and their businesses thrive. That year, installations further south, in the region that includes Brownsville and Corpus Christi, supported an estimated 41,000 jobs and contributed about $4.6 Here’s how four community banks are thriving in this environment.

Texas 182

Texas San Antonio Community Bank Community 182

PYMNTS

MARCH 25, 2020

The Federal Reserve is looking toward a time-worn source to help with bailing out many smaller businesses and individuals as they enlist smaller regional and local banks for the job. One such bank is New Jersey-based OceansFirst, with its 118-year-old history and assets numbering $10.2 billion in the small town of Toms River.

Kansas City 115

Kansas City Wyoming New Jersey Kansas 115

PYMNTS

JULY 11, 2016

Blue Acorn, founded in 2008, lists such national brands as Ticketmaster and Everlast under its list of clients and bills itself as providing “superior eCommerce results through data-driven solutions.”. Since its founding, the company has grown from nine employees to over 100, according to Charleston Regional Business Journal.

South Carolina 100

South Carolina Regional National Branding 100

PYMNTS

JUNE 4, 2020

It’s a fast and radical transformation that the post-2008 financial system was kind of prepared for. In PYMNTS’ June edition of The Digital Payments In A Digital World Playbook done in collaboration with Wirecard , we learn that “digital shifts in regions like the EU and the U.S. Server farms didn’t melt. The internet didn’t break.

Payments 132

Payments Regional America Mobile 132

PYMNTS

MARCH 10, 2020

In Southeast Asian markets, banks’ lack of adequate data on SMB loan applicants is perhaps the tallest barrier to connecting SMBs to capital in the region.

Data 193

Data Lending Capital social media 193

FICO

NOVEMBER 20, 2020

According to research from Equifax, the 2008 recession had an unexpected and interesting effect on credit unions. As big banks pull back new credit offers, many credit unions and regional banks are now asking, How can I ride the wave of this trend and win customers from big banks? The top answers from viewers were: 41.5%

Regional 52

Regional Trends Marketing Data 52

PYMNTS

SEPTEMBER 2, 2016

Facebook Chief Executive Mark Zuckerberg applauded the entrepreneurial spirit in Africa in his first visit to sub-Saharan Africa, saying the future will be built in the region. I’m starting at a place called iHub, where entrepreneurs can build and prototype their ideas.

social media 113

social media Mobile Regional System 113

PYMNTS

APRIL 2, 2020

Some of the factories are not back online because of lack of workers or lack of demand, depending on what region they are in.” While some firms will lose, Wang said, he learned while working at PayPal in 2008 (during the last crisis) that not every firm will lose.

Examples 217

Examples Online Regional National 217

South State Correspondent

MAY 9, 2023

In the wake of regional bank failures, one potential answer to equity shorting and bank runs is having the FDIC increase deposit insurance. We have witnessed more bank failures by asset size in 2023 than in 2008 and 2009 combined. economy needs.

FDIC 195

FDIC Regulation Capital Management 195

PYMNTS

NOVEMBER 3, 2020

In particular, FLEETCOR is looking for companies to strengthen its position in the fuel, tolls, lodging, and payables spaces, and for companies operating in new regions. Access to capital hasn’t been this tight since the market meltdown of 2008, so motivated players are finding better, faster ways of moving B2B funds especially.

eBook 141

eBook Payments Regional Company 141

PYMNTS

FEBRUARY 13, 2017

Things went off the rails, not surprisingly, in 2008 — courtesy of the financial crisis. More businesses opened than closed — until 2008. In the aftermath of 2008, only 20 counties — most of them rimming major cities and tech hubs — drove 50 percent of small business formation. The mix of these businesses is also very different.

Retail 134

Retail Innovation Maine Online 134

PYMNTS

MAY 22, 2018

A bill that would give regional banks a break on regulation was before the U.S. Groshans said that such financial institutions as Zions, Regions Financial, Citizens Financial, Huntington, American Express and Keycorp would benefit from the law. The Economic Growth, Regulatory Relief, and Consumer Protection Act , S.

Regulation 100

Regulation Regional Innovation Community 100