PYMNTS

NOVEMBER 5, 2018

The Wall Street Journal threw some serious shade on that move, citing Steve Jobs’ reaction to Amazon’s decision in 2009 to do the same for the Kindle — that it must not be selling many. It did so because apps like Netflix were avoiding signing up subscribers through the App Store to evade the Apple tax. The Apple Tax Man Cometh.

Apple 174

Apple Taxes Mobile Google 174

PYMNTS

JUNE 5, 2019

To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009. However, with so much potential tax revenue on the line, Cregan said, there are heavy incentives that favor mobile. “As Lack of confidence will lead to lower tax revenues.”.

Cards 158

Cards Las Vegas Innovation Mobile 158

PYMNTS

AUGUST 26, 2016

Back in 2009 when eCommerce platform BigCommerce was getting its start, Austin wasn’t considered a place where working for a startup was common. Though BigCommerce was actually founded in Sydney, Australia, Stewart said the company has had an office in Austin since May 2009 and now considers the city to be its headquarters.

Austin 100

Austin Fintech New York City Community 100

BankUnderground

APRIL 28, 2023

Mahmoud Fatouh Small banks tend to have more specialised business models, likely focusing on commercial and retail banking activities, and show limited interconnectedness to other financial institutions. Second, expanding the analysis beyond 2009 provides evidence on whether Basel III addressed the pro-cyclicality of bank capital and lending.

Capital 105

Capital Lending US Data 105

CB Insights

FEBRUARY 13, 2020

In 2009, a decade after PayPal started offering online payments, San Francisco-based startup Square brought payments innovation to the point-of-sale , allowing businesses with smaller transaction volumes to accept card payments with its card reader and mobile phone card reader. Stripe continues to grow payments volume year over year.

Online 98

Online Company Retail Payments 98

PYMNTS

JULY 1, 2016

The investment is funded by selling municipal bonds to private investors, and is then repaid by property taxes generated by the new development. What I really want to do is build the biggest brand on the planet,” Plank recently told Bloomberg. And that’s what many will fear will happen with the Port Covington development.

Baltimore 103

Baltimore Seattle Taxes Examples 103

Jeff For Banks

FEBRUARY 28, 2010

According to the bank employee that greeted me, Woodforest is Wal-Mart’s #1 retail partner, has 54 branches in Virginia Wal-Marts and over 600 nationwide. billion in deposits at June 30, 2009. In 2009, Woodforest reported net income of $83.1 Reviewing industry data from SNL Financial, Wal-Marts had 863 bank branches that had $6.0

Virginia 65

Virginia Strategy Resources National 65

PYMNTS

DECEMBER 13, 2019

Amazon said it is taking the space in the property, which is being redeveloped, without any of the special tax credits it had been offered previously. From 2009 through 2018, tech-sector job growth in New York City has grown almost four times as quickly as the city’s overall private job growth, according to Parrott’s analysis.

New York City 131

New York City New York Retail US 131

Jeff For Banks

JANUARY 18, 2014

To put that GDP growth into perspective, consider that, in the three years following the recovery which began in June, 2009, real GDP averaged +2.2%. No wonder retailers were slashing prices for the Christmas holiday spending season. In the ten previous recessions, real GDP averaged +4.6% during a recovery. Real GDP grew by 4.1%

Philadelphia 81

Philadelphia Policies US Marketing 81

Jeff For Banks

DECEMBER 12, 2017

The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Their non-performing loans (NPL)/total loans ratio peaked at 12.54% in 2010, and between 2009-12, the Bank charged off over 11% of its loan portfolio. Actually, the Bank had a one-time after tax litigation settlement (from a 2002-04 event) of $6.2

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

CB Insights

OCTOBER 29, 2018

Date: May 21, 2009. When Cisco paid almost $600M for Pure Digital in 2009, it probably seemed like a great investment for their consumer products department; Pure Digital’s Flip HD digital camera was a hot seller at the time. .” By 2009, Time Warner had spun off the once-mighty internet titan back into a separate entity.

Google 76

Google Software Company Innovation 76

Jeff For Banks

SEPTEMBER 13, 2015

Chief Retail Officer. He joined COB's board in 2009 after its $310 million recapitalization which was needed from a disastrous slew of losses incurred starting in 2008 as a result of awful credit decisions, leading to a 21% NPA/Asset ratio peak in 2010. So I thought I would give it a shot. First, I needed to decide positions needed.

Community Bank 60

Community Bank Lending Community Security 60

Jeff For Banks

JULY 8, 2017

They must not see falling oil prices, weak GDP growth, falling gold prices, a narrowing Treasury-TIPS spread, rising debt levels, lower consumer spending, a low labor force participation rate, low productivity, and consumer prices so weak that major retail companies are closing stores at a record pace. Rising debt levels will not stop them.

Marketing 60

Marketing Community Bank Data Security 60

CB Insights

SEPTEMBER 10, 2019

Simple, an early contender founded in 2009, floundered following its 2011 launch before ultimately being bought by Spanish banking giant BBVA in 2014. users in under 2 years on its way to being acquired by Intuit in 2009 for $170M. The strength of the neobank value proposition rests on its digital-first focus. It acquired 1.5M

Millennials 77

Millennials Mobile Lending Cards 77

Jeff For Banks

JUNE 2, 2023

In the late 90s, low interest rates made speculative equity investments more attractive than bonds, and at the same time, innovative internet companies grew in popularity among retail investors, professional traders, venture capitalists, and the like (familiar?). Taking your own punch bowl away when the party is getting good takes fortitude.

FDIC 60

FDIC Community Bank Regulation Lending 60

Independent Banker

MARCH 15, 2015

Retail locations: Seven. When the economy came crashing down in 2009, The Peoples Bank was able to work with customers facing hard times. Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. By Kelly Pike. The Peoples Bank Co. Coldwater, Ohio. Assets: $450 million. Employees: 80.

Ohio 70

Ohio Community Bank Community Lending 70

Fintech Labs Insights

MAY 31, 2016

Most recently, the company partnered with the Internal Revenue Service to allow underbanked consumers to pay their taxes in cash. The company will continue to expand its flagship cash payment service by increasing its retail partnerships. by scanning a barcode on their smartphone.

San Francisco 12

San Francisco Dallas California Cards 12

Fintech Labs Insights

AUGUST 4, 2016

Founded in 2009, PayNearMe enables consumers to pay bills using cash at 17,000+ 7-Eleven, Ace Cash Express, and Family Dollar retail stores across the U.S. In April, the company partnered with the Internal Revenue Service to allow underbanked consumers to pay their taxes in cash. by scanning a barcode on their smartphone.

San Francisco 12

San Francisco Payments Dallas Taxes 12

Fintech Labs Insights

AUGUST 22, 2024

Flybits: Raised $44M for its personalized marketing solutions; attracting major retail partners. Sonect: Raised $22M, virtual ATM network growing through partnerships with European retailers and banks. Launchfire (now part of LemonadeLXP): Gamification for employee training, seeing strong adoption in retail and banking.

San Francisco 15

San Francisco New York San Jose Tools 15

PYMNTS

JULY 6, 2020

The death knell for malls tolled loudly in the media during the Fourth of July weekend as retailers continue to assess their long-term prognosis from the pandemic damage. But the focus of developing the mall has fallen to housing as anchor tenants, not retail. Stores will still take up 90,000 square feet of Avalon.

Community 132

Community Retail Seattle New York 132

BankBazaar

APRIL 29, 2020

It is way worse than the global financial crisis of 2008-2009.”. Also know the tax implications of the liquidation as well as the costs of liquidation such as penalties or exit loads. Therefore, always own an independent policy from the retail market for yourself and your dependent family members. We are now in recession.

Management 155

Management Policies Examples Taxes 155

CB Insights

JUNE 6, 2019

Notably, Solyndra’s rise coincided with the passing of 2009’s American Reinvestment and Recovery Act, which contained various subsidies and promises of investment for sustainable US energy initiatives. In March 2009, the US government announced it planned to award Solyndra a guaranteed loan of $535M as part of that initiative.

Apple 78

Apple Branding Google Company 78

CB Insights

SEPTEMBER 17, 2018

Store brands from retailers were seen as down-budget choices. Target’s Cat & Jack kids’ line has delivered double-digit results since its 2016 launch, even as traditional retailers struggle to stay afloat. Clothing: how retailers are attempting to escape the industry apocalypse by introducing store brands.

Industry 67

Industry Branding Retail US 67

CB Insights

SEPTEMBER 5, 2018

In July, Uber reported that it reached 10B rides since its inception in 2009, and Lyft, while trailing Uber in revenue ($1B vs. Uber’s $7.5B It differs from rental services in that it allows users to pick up and drop off vehicles from within a designated area in a city, rather than having to visit a rental car retail location.

San Francisco 78

San Francisco New York City US Mobile 78

PYMNTS

APRIL 11, 2016

Compared to the alternative — losing it in the market anyway and/or being taxed on whatever returns they might manage to eke out — the downside doesn’t appear too threatening. Venmo was established in 2009 and acquired by Braintree in 2012 for roughly $26 million. Worst case — VCs lose it all. And for it to monetize its platform.

San Francisco 100

San Francisco Operations Examples Branding 100

CB Insights

FEBRUARY 28, 2019

In the early 70s, See’s was able to produce about $2M a year (after tax) on just $8M in net tangible assets (including all accounts receivable.) Berkshire Hathaway bought See’s, and by 1982, it was up to producing $13M after taxes on just $20M in net tangible assets. That premium is the company’s “economic goodwill.”.

Company 78

Company Omaha Capital Management 78

CB Insights

OCTOBER 26, 2020

The “traditional M&A” was often driven by a desire to boost EPS (earnings per share), with companies seeking to combine assets with a similar business, merging with a business in a lower-tax jurisdiction, or looking to gain desirable assets owned by other businesses. But this trend wouldn’t last long.

Management 78

Management Capital Company Marketing 78

CB Insights

NOVEMBER 16, 2017

Alibaba first invested soon afterward, participating in the company’s $12M Series B in 2009. Later, the retail giant sold its entire e-commerce operations in China to JD.com. That was when he approached Capital Today, pitched his vision of a “full-service online retailer,” with a focus on logistics, and asked for $2M.

Lending 78

Lending Capital Company Google 78

CB Insights

MAY 23, 2019

Demonstrating sales is a necessity for retail startups, especially those operating in the intensely competitive food vertical. At the heart of the scandal was Hampton Creek’s flagship product, a dairy-free mayonnaise called Just Mayo that was sold at Kroger, Safeway, and Walmart, among other retailers. Total Funding: $240M.

Fraud 78

Fraud Las Vegas Company Capital 78

CB Insights

MAY 1, 2018

Twitter Peek, Peek (2009). Nook, Barnes and Noble (2009). Enter the Nook, their attempt at staying relevant and maybe even reclaiming some of their lost market share from the online retailer. This vainglorious effort was tied to The Sharper Image, their sole retailer, a place no one associated with meat.

Innovation 78

Innovation Google Apple Video 78

PYMNTS

APRIL 9, 2018

Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!” “I have stated my concerns with Amazon long before the Election. Trump tweeted on April 5.

Washington 100

Washington Taxes Retail Groups 100

PYMNTS

JANUARY 21, 2017

On the upside, this is something of a bargain, as Obama’s inauguration in 2009 cost the city $63.2 Contributions are not tax-deductible. . $30 Million. That is the estimated total cost for the city of Washington, D.C. to host the inauguration. Arguably the most expensive inauguration in the U.S.

Washington 100

Washington United States New York City America 100