Bank Innovation

NOVEMBER 8, 2017

Capital One first acquired its mortgage division in 2009. The Virginia-based bank announced an abrupt, and permanent, closure of its mortgage and home equity origination business this week, citing that the sector was too competitive for the bank to turn a profit. The bank will continue to serve existing home […].

Capital 236

Capital Virginia 236

Banking Exchange

FEBRUARY 5, 2020

US sector takes 5% hit – despite strong performance from J.P Morgan and Merrill Bank Performance The Economy Retail Banking Financial Trends Management Feature Customers Performance Feature3.

Branding 125

Branding Trends Retail US 125

Bank Innovation

NOVEMBER 25, 2019

According to recent research, there have been two quarters since 2009 where the proportion of venture dollars going to female founders exceeded 17%. The startup and venture capital ecosystem may profess to be colorblind, but a look at where funding dollars are going presents a different picture.

Fintech 210

Fintech Capital Innovation Strategies Strategy 210

Bank Innovation

NOVEMBER 16, 2017

Alibaba Group created Singles Day back in 2009 as an annual shopping bonanza with various sales and offers. China’s Alibaba Group experienced its best Singles Day shopping event to date last week. The event, which is annually held on November 11 each year, processed nearly 1.5 billion transactions on that day, reports say. It is […].

Groups 210

Groups Report Online Retail 210

Perficient

MARCH 10, 2021

Note that while the absolute dollar volume of loans subject to classification and Special Mention neared the 2009 peak, as a result of the larger amount of loans reviewed, the percentage of loans (12.4 percent vs 22.3 percent) subject to negative review was substantially lower. Total Outstanding.

National 309

National Regulation FDIC Retail 309

Chris Skinner

JUNE 4, 2018

That’s because I was presenting the idea ten years ago and blogged about it in February 2009. The good thing about blogging is that I have a public record of my thinking. Hence, I can claim that Banking-as-a-Service (BaaS) is mine. appeared first on Chris Skinner's blog.

Data 199

Data Digital Banking Innovation Fintech 199

Chris Skinner

AUGUST 27, 2018

trillion in 2009. I’ve made the comment many times that it is astounding that around $2 trillion is laundered through the banks of the world each year, up from $1.6 It’s about 2.7%

196

196

Chris Skinner

SEPTEMBER 5, 2017

Things we’re reading today include … Shock stats show banks have sacked 28 people A DAY since 2009 Bitcoin Tumbles as PBOC Declares Initial Coin Offerings Illegal Bank of Scotland receives most complaints – again Has flood of Chinese money really dried up?

Bitcoin 185

Bitcoin Regulation System Marketing 185

PYMNTS

NOVEMBER 12, 2020

Data: 2009 : Year in which Singles’ Day, which has typically been a one-day sales event, began. In eCommerce, the Singles’ Day shopping event in China, which was four days long this year, is coming out ahead of expectations. All this, Today in Data. 100 : Minimum number of locations at which “Ulta Beauty at Target” will debut.

Retail 211

Retail Payments Data Company 211

Perficient

FEBRUARY 23, 2021

The financial crisis of 2008 and 2009 highlighted the need for timely data to identify and monitor liquidity risks at individual firms, as well as in aggregate across the financial system, especially with respect to intra-company flows and exposures within a consolidated institution.

Report 309

Report Risk Management Data System 309

PYMNTS

OCTOBER 21, 2020

Before Square, launched by Twitter co-founder Jack Dorsey in 2009, SMBs had a hard time maneuvering point-of-sale (POS) card transactions. Morgan, told CNBC that QuickAccept because rivals charge fees for instant transfers or simply don’t offer the service, “it’s a great differentiator.”

Fintech 309

Fintech Conference Cards Payments 309

PYMNTS

JUNE 29, 2020

EY has been auditing for Wirecard since 2008 when it was hired to conduct a special audit over allegations that there were deficiencies in the company’s financial statements, and then EY continued as the company’s regular auditor from 2009 onward.

Fraud 327

Fraud Risk Management Report Management 327

Bank Innovation

JANUARY 10, 2018

Alkami, which provides white-labeled solutions for banks and credit unions to implement across their digital and mobile platforms, was started in 2009 because there “wasn’t a lot of innovation that was happening in the digital banking space,” […].

Texas 170

Texas Mobile Software Digital Banking 170

Chris Skinner

MARCH 3, 2018

They tracked the history of 86,034 blockchain projects hosted on GitHub since 2009 to pull out “key lessons” on where the blockchain industry is going … The post The Finanser’s Week: 26th February 2017 – 4th March 2018 appeared first on Chris Skinner's blog.

blockchain 171

blockchain Maine Industry Report 171

TheGuardian

NOVEMBER 14, 2022

Bank of England interest rate rises mean higher costs for borrowers but better returns for savers The average easy-access savings rate has improved to its best level in more than a decade, according to Moneyfacts. Savers can now typically receive 1.16% in annual interest on an easy-access account on the market, the website said. Continue reading.

Marketing 87

Marketing 87

Chris Skinner

JUNE 29, 2017

in 2009, according to Gartner. Anssi Vanjoki, Nokia’s Chief Strategist, November 2009 Nor did many others. How the world has changed in just a decade, and who would have thought it would be quite so transformational. At the time of launch, Blackberry and Nokia were the market leaders. Blackberry had a 9.6% They hadn’t.

Apple 211

Apple Mobile Marketing Technology 211

PYMNTS

OCTOBER 19, 2020

percent in 2019, the lowest since the FDIC began tracking this stat in 2009. percent in 2009, according to the FDIC, which notes that the rate then fell 2.8 households without checking accounts fell to 5.4 The unbanked rate jumped to 8.6 percent in 2011, up from 7.6 percent over the next eight years through 2019.

FDIC 187

FDIC US America Survey 187

PYMNTS

NOVEMBER 14, 2019

Wing was founded in 2009 as a way to include Cambodia’s unbanked and underbanked population participate in the financial system in the country, and it provides services like money transfers, bill payments and phone top-ups. Cambodian migrant workers sent about $1.4

Mobile 253

Mobile National Tools Strategy 253

PYMNTS

MARCH 19, 2020

was formed in 2009 as a payment services provider to enable businesses to accept card payments. The headquarters will be in Salt Lake City, Utah. The Utah Department of Financial Institutions still has to issues approvals to the San Francisco-based FinTech. Square, Inc.

FDIC 276

FDIC Utah San Francisco Capital 276

Chris Skinner

SEPTEMBER 1, 2018

trillion in 2009. The main blog headlines this week are … Every $1 in $50 in the banks is laundered money (and maybe more) I’ve made the comment many times that it is astounding that around $2 trillion is laundered through the banks of the world each year, up from $1.6

Maine 164

Maine 164

PYMNTS

SEPTEMBER 24, 2020

dropped 45 percent starting in May and into August— the sharpest fall it has taken since the 2009 recession, the CBI reported. At the same time, with people working from home and refraining from going out, sales of clothing were down 40 percent and department store sales were down 23 percent. The result? Retail employment in the U.K.

Retail 254

Retail Survey Industry Report 254

Chris Skinner

MARCH 15, 2017

These new entrants join a number of more established mid-sized full service banks, such as CYBG (the owner of Clydesdale Bank and Yorkshire Bank brands) as well as other smaller, specialist players such as Aldermore (founded in 2009) and Secure Trust (operating since 1954).

Regulation 291

Regulation Retail Survey Mobile 291

BankUnderground

AUGUST 18, 2022

Since 2009, when policy rates reached their effective lower bound, quantitative easing (QE) has become an important instrument of central bank monetary policy. Instead, there was a larger role of term premium channels affecting long-term yields post 2009. Iryna Kaminska and Haroon Mumtaz. It is aimed to work via long-term yields.

Policies 145

Policies Maine Analysis Meeting 145

PYMNTS

JUNE 26, 2020

If it closes, the deal would represent Amazon’s second-biggest acquisition since the 2009 purchase of online shoe retailer Zappos for $1.2 In May, Morgan Stanley analysts said the potential for Amazon to develop a more efficient long-term delivery network with Zoox technology could save the company $20 billion a year.

California 259

California Course Technology Report 259

PYMNTS

DECEMBER 27, 2020

After Square launched its merchant mobile-payment system and simple, namesake swipe device in 2009, the company added its Cash app in 2017, which most recently made headlines for including bitcoin functionality to its platform. Square Music.

Video 349

Video New York Industry Report 349

PYMNTS

JANUARY 21, 2020

” Launched in 2009, Lulu Money has five million users processing 1.1 MoneyGram looks forward to working with them to create new, innovative products and services that extend our digital reach and bring financial inclusion to customers throughout the Asia-Pacific market.” million transactions annually.

Regional 250

Regional cryptocurrency System National 250

PYMNTS

APRIL 9, 2020

The number of those unemployed now surpasses the high from the 2009 recession, which maxed out at 6.64 Millions of Americans have been filing for unemployment in the midst of the virus’s overturning of American life.

New Jersey 250

New Jersey Michigan Georgia Florida 250

Chris Skinner

JULY 26, 2016

In 2009, I coined the word BaaS. No, nothing to do with sheep! Instead, BaaS stands for Banking-as-a-Service.

Fintech 150

Fintech Branding Digital Banking Innovation 150

PYMNTS

OCTOBER 14, 2020

Founded in 2009 by Elliot Kroo, Jessica Scorpio and Sam Zaid, the company gives users the ability to rent their personal vehicles to others for set periods of time. . Silicon Valley carsharing startup Getaround won a $140 million Series E financing round led by PeopleFund, Getaround announced on Wednesday (Oct.

Customer Experience 242

Customer Experience Meeting Capital Groups 242

PYMNTS

MARCH 3, 2020

MerchantPro Express has been a key Fiserv distribution partner since 2009,” said Devin McGranahan, senior group president of global business solutions at Fiserv. “By The acquisition will also help Fiserv grow its partner-based distribution. Financial terms of the transaction were not disclosed.

New York 159

New York Analytics Payments Software 159

PYMNTS

MARCH 18, 2019

recently fell to the lowest rate since the 2007-2009 financial crisis, but a new product launch from JPMorgan Chase & Co. According to the Federal Deposit Insurance Corporation (FDIC), the percentage of unbanked Americans fell to its lowest level since the 2007-2009 financial crisis. The percentage of unbanked people in the U.S.

America 175

America Survey FDIC System 175

PYMNTS

DECEMBER 20, 2018

According to Bloomberg’s analysis of student loan securitization data, the debt level is more than double the $675 billion in student loan debt back in June of 2009. That was when the Great Recession ended.

Analysis 161

Analysis Cards Groups Data 161

PYMNTS

MARCH 7, 2019

Burch is a fashion designer who started the foundation in 2009, with the goal of helping women entrepreneurs. “I That is why in 2009 we created the Tory Burch Foundation to support the empowerment of women entrepreneurs.”. “I was incredibly fortunate — we were able to launch after a personal investment and one round of fundraising.

America 158

America Capital Training Course 158

PYMNTS

OCTOBER 1, 2020

The Times newspaper launched ET Now in 2009. Economic Times sources commented that "Android has a 97 percent market share in India. So, we should intervene and hand-hold Indian startups." One key feature of the Indian government’s plan: The new app store would not charge the 30 percent fees that Google's and Apple ’s stores do.

Google 225

Google Apple Groups Mobile 225

PYMNTS

JANUARY 24, 2021

The rate of input cost inflation was the fastest on record (since October 2009), as soaring transportation and PPE costs were also noted. The release stated in part: “[I]nflationary pressures intensified as supplier delays and shortages pushed input prices higher.

US 255

US Survey Trends Marketing 255

PYMNTS

MARCH 29, 2018

Overdraft fees have reached their highest level since 2009, which was at the end of the Great Recession. Consumers paid $34.3 billion in overdraft fees during 2017 compared to $33.3 billion in 2016, The New York Post reported. Despite the increase, consumers aren’t, in fact, overdrawing their accounts.

New York 223

New York Policies Report Industry 223

PYMNTS

NOVEMBER 25, 2019

1.8M: Amount Walmart allegedly owes Jefferson Parish, Louisiana in unpaid 2009 to 2015 sales taxes. Data: $57M: Expected value of state revenue to be generated by Arizona’s online transaction tax in 2020. 41.7M: Projected state revenues tied to Massachusetts’ economic nexus tax in FY 2020.

Taxes 150

Taxes South Dakota Louisiana Massachusetts 150