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JPMorgan Takes On Square And PayPal At The Point Of Sale

PYMNTS

He added that instant funds can help SMBs better manage cash flow . Before Square, launched by Twitter co-founder Jack Dorsey in 2009, SMBs had a hard time maneuvering point-of-sale (POS) card transactions. Square now manages $100 billion in annual payments and has an $83 billion market capitalization, the article said.

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Get your ducks in a row: HVCRE risk management

Abrigo

In a recent Sageworks webinar Robert Ashbaugh, senior risk management consultant at Sageworks, discusses High Volatility Commercial Real Estate (HVCRE) lending best practices. Ashbaugh goes on to demonstrate that the default rates for these loans did not peak until about 2009, and the ALLL did not increase until 2010.

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New Venture Capital Round For Interior Design Site Houzz Will Put Its Value At About $4 Billion

PYMNTS

Houzz , the popular photo site used by homeowners to plan renovations, is finalizing a new funding venture capital round of $400 million that will value the home décor and interior design startup at about $4 billion. The company was founded in 2009 by CEO Adi Tatarko and her husband, Alon Cohen.

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MoneyGram Teams With LuLu Money To Power Asia-Pacific Transactions

PYMNTS

Adeeb Ahamed, managing director of LuLu Financial Group , which is headquartered in Abu Dhabi, said the collaboration with MoneyGram “will revolutionize” how remittances are handled in the Asia-Pacific region, “changing the way people approach digital transactions.”. ” Launched in 2009, Lulu Money has five million users processing 1.1

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Dashlane Password Manager Startup Raises $22.5M

PYMNTS

TransUnion is betting big on Dashlane , a password management company that enables users to monitor their online identities across multiple sites and apps, by leading a Series C funding round for the startup. The password and online identity management startup is now used by more than 5 million consumers across 150 countries.

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Money Management During The Coronavirus Crisis

BankBazaar

It is way worse than the global financial crisis of 2008-2009.”. Therefore, smart money management is critical to survival through this period. HOW TO MANAGE CASH. The dos and don’ts of liquidity management. There are two broad concerns: managing existing investments and making fresh investments. AVOID PANIC.

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Golden Gate Capital Considers Merging Eddie Bauer And Pacific Sunwear

PYMNTS

Both retailers are owned by private equity firm Golden Gate Capital, which has not decided whether to merge the two companies and has declined to comment. Golden Gate acquired Eddie Bauer out of bankruptcy protection in 2009 with a cash bid of $286 million.

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