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Brex: Market volatility not ‘doomsday’ for tech funding

Bank Innovation

billion since its 2017 founding, is optimistic about venture capital funding for tech companies, despite current market volatility. Within our sector, we definitely may have a slowdown, but it’s not doomsday, where nobody […].

Marketing 199
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Capital One Said to Buy Walmart Card Portfolio, Zero In on Digital Collaboration

Bank Innovation

Capital One Financial has reportedly acquired Walmart's card receivables, the bank's chairman and CEO, Richard Fairbank, said yesterday. Terms of the transaction were not disclosed.

Capital 170
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The Edge Desk Capitalizes On Growing Work-From-Home Market

PYMNTS

Then came February, March and the COVID-19 crisis – and suddenly the whole definition of “office” changed. million from a venture capital firm to fund the business. The company’s primary marketing is through word-of-mouth activities: PR, influencers, sampling and very targeted Facebook and Instagram campaigns. In the U.S.,

Capital 163
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Trends in commercial real estate (CRE) lending and risk

Abrigo

Understanding broad market trends and the specific forces affecting bank and credit union portfolios can guide institutions decisions while helping them prepare for examiner scrutiny of CRE risk , according to a recent Abrigo webinar, Being strategic with your CRE. Managing their current risk is vital, too.

Lending 221
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Capital One Misses On Q4 Revenue As Card Loans Increase

PYMNTS

Capital One ’s domestic card loans increased 8 percent in the fourth quarter of 2018 , the bank said on Tuesday (Jan. billion, a jump Capital One said was mainly due to a 65 percent increase in marketing expenses. Capital One takes over for Synchrony Financial , which had a nearly 20-year relationship with the retail chain.

Capital 156
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Are Credit Tenant Loans Profitable?

South State Correspondent

The credit default market requires only 94.5bps per annum fee for default protection. By definition, tenants of CTLs are publicly reviewed, and banks can analyze financial performance and estimated future cash flow. At smaller loan sizes, local equity investors would prefer a local lender with an intimate understanding of the market.

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Interest rate forecasts in today’s market: Planning your ALM position

Abrigo

This change in approach introduces new variables in the interest rate projections that for decades have been a non-issue as we were effectively in a 0% interest rate market. Markets move in unpredictable ways when least expected. This happens when market expectations are for a reduction in inflation or a flight to safety.

Marketing 195