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CA Denies Lending License For BNPL Firm Sezzle

PYMNTS

“Afterpay is much more diversified in multiple regions, and I’d assume, because of that, [it is] perceived as a lower-risk play,” said Mathan Somasundaram, market portfolio strategist at Blue Ocean Equities, according to reports. “Whereas, Sezzle is only in the U.S., ”

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New CA Privacy Law Requires Retailers To Disclose Data Collection

PYMNTS

The law is similar to Europe’s General Data Protection Regulation (GDPR), which broadly changed the way companies in the region were allowed to deal with customer data. The legislation will also affect companies like Facebook and Google , as well as mobile service providers, streaming services, app makers and more.

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Grocery Stores Shutter In-Store Pharmacies

PYMNTS

Pharmacies in regional chains, like Sacramento, CA-based Raley’s Supermarkets, are downsizing, and the aforementioned Lunds & Byerly has shuttered all its pharmacies. But even CVS and Walgreens are feeling the crunch of the move toward digitization, as they’re closing over 300 under-performing stores.

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Which are America's healthiest credit unions?

Abrigo

Following the release of Sageworks Bank Information’s list of America’s healthiest banks by region in March of 2015, the company recently examined the health of their credit union (CU) counterparts. The list – America’s healthiest credit unions – names the top 50 CUs that stand out from the pack with an exceptionally low Texas Ratio.

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Credit unions continue to see growth in auto lending

Abrigo

Regionally, Southern credit unions continue to dominate in total new vehicle loans, with more than $39 billion reported for the period ending December 31st. And while the region has seen the slowest growth of the four, new vehicle lending does continue to climb steadily. The Golden 1 Credit Union - Sacramento, CA 7.

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Staying afloat: the impact of flooding on UK firms

BankUnderground

We find the regions most affected over this period are Cumbria and West Yorkshire. of business premises are located in flooded areas in these regions. There is significant heterogeneity in exposure to flood risk across sectors and regions. Looking at the incidence of past flooding, we find that around 0.4% Respectively, 4.3%

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Global real rates, 1311–2018

BankUnderground

For instance, we can observe the apparent existence of two secular reversal periods, during which public capital markets broke from their general downward trend and entered lasting periods of higher real rates, ca.1320–1480, 1320–1480, and ca. Chart 2: Public R-Reversals, advanced economies, ca.1320–1480s 1320–1480s and ca.1520s–1650s.

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