South State Correspondent

MARCH 30, 2023

Not to say you want to ignore parts of your community, but why not focus more of your resources on those industries that will make your bank more profitable? In this article, we look at 20 deposit-rich industries that have above-average profitability. They are also more plentiful. there are more than 8,000 trade associations.

Industry 195

Industry Resources Community Case Study 195

Independent Banker

AUGUST 31, 2021

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. The community bank provided nearly 480,000 PPP loans totaling more than $13 billion to businesses across the nation. “I

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Community Bank Community National Fresno 196

PYMNTS

MARCH 2, 2020

The 2020 outlook report from the National Restaurant Association illustrates an industry contending with the countercurrents of solid consumer spending and disruptive technology. 899B: Value that restaurant industry sales are projected to reach in 2020.

Industry 142

Industry Arizona Virginia National 142

PYMNTS

SEPTEMBER 23, 2019

Many industries are still heavily analog, small and medium-sized businesses (SMBs) in particular. only agriculture and hunting invest less in digitization than the construction industry, according to recent data. Virtual and purchasing cards can also save money, according to the National Association of Purchasing Card Professionals.

Industry 169

Industry Cards Software Phoenix 169

PYMNTS

OCTOBER 3, 2019

based Notion Capital has announced the launch of its newest fund, Notion Capital Venture Fund IV, which will focus on investments in the B2B Software as a Service (SaaS) industry. Notion IV also plans to become an accredited partner of the National Security Strategic Investment Fund (NSSIF), the announcement said.

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Capital Software Industry Analytics 129

PYMNTS

FEBRUARY 21, 2020

As Deputy Director, Mr. Mosier oversees FinCEN’s wide-ranging work to protect the financial integrity and national security of the United States,” the release states. The announcement also noted that Mosier “served a tour at the White House National Security Council as director for transnational organized crime.”.

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Innovation National United States Leadership 250

Perficient

JUNE 30, 2022

Some of these online articles can be found here: OCC Provides Roadmap for National Banks and Savings Associations To Conduct Crypto Activities – Perficient Blogs. In 2022, FTX broke ground on its new headquarters in Nassau, the country’s capital. The Pros and Cons of a Potential U.S. Crypto Conference.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

South State Correspondent

JULY 24, 2024

Not everyone needs rewards points, instant payments, or weekend service, but everyone needs cheap capital and more income. Your banker smartly cross-sells them a savings account and pays them the current national average of 59 basis points. The economics look something like the below.

South Carolina 417

South Carolina Marketing Capital Idaho 417

PYMNTS

JULY 7, 2020

and other nations around the world as a result of the global pandemic continues to draw comparisons to the 2008 financial crisis — so it’s only natural that analysts may turn to the past in an effort to predict what could lie ahead. The level of market volatility hitting the U.S. ” A Banking Pullback?

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Lending Industry Fintech UX 171

South State Correspondent

DECEMBER 17, 2024

Community banks are better positioned than many other creditors to follow and adapt to local economies, industries and trends, thereby, being better stewards of capital. We believe that this substantial number of regulated creditors has led to a more vibrant business climate, more access to capital, and higher economic competitiveness.

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Community Bank Community Capital Tools 195

PYMNTS

DECEMBER 18, 2020

To scale the business, and after getting no venture capital backing, Gorthy decided to go the crowdfunding route to raise the money needed to take Petpal to the next level. Petpal was officially launched in 2015 and offers more than 1,000 products to some 50,000 users primarily located in the country’s three most affluent cities.

Online 177

Online Industry Retail Capital 177

PYMNTS

AUGUST 7, 2020

Talk of a venture capital plummet continues to grow, particularly in Europe, where new data from Consultancy Europe revealed that the number of venture capital deals for startups across the continent has declined every quarter since Q1 2019. with total funding nearly reaching $391.25 million this week. Volante Technologies.

Fintech 251

Fintech Capital New Jersey Payments 251

PYMNTS

FEBRUARY 16, 2017

Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. Singapore’s central bank will no longer require venture capital managers to appoint directors that have at least five years of fund management experience as they have been.

Regulation 183

Regulation Capital Fintech Innovation 183

PYMNTS

JANUARY 24, 2021

NCR was formerly known as National Cash Register and was once owned by AT&T. He said the Cardtronics platform could help connect customers in retail or bank businesses and capitalize on the trend of banks outsourcing. PYMNTS pointed out earlier this month that NCR's bid for Cardtronics shows the allure the ATM business has.

ATM 293

ATM Retail Operations Software 293

Abrigo

SEPTEMBER 26, 2014

Within the financial industry, the word “regulation” often receives a mixed reaction. Dan Berger, the president and CEO of the National Association of Federal Credit Unions (NAFCU). This could mean significant increases in capital for many credit unions. Viewed as a necessity by many, it draws opposition from others.

Capital 191

Capital National Regulation Risk Management 191

PYMNTS

JULY 13, 2020

In other news, as the cryptocurrency industry gains mainstream traction, lawyers specializing in crypto are highly demanded by firms these days, Cointelgraph reported. That isn’t likely to be a lone incident; as the industry gains more recognition, companies will need more legal representation, experts told Cointelgraph.

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Taxes Bitcoin Capital cryptocurrency 170

PYMNTS

JANUARY 28, 2021

In the payments industry, they’re known as remittances. They have helped smooth COVID-19 pandemic-induced economic shocks, increased the resilience of developing nations throughout 2020, and they present a potential lifeline for recovery in 2021 and beyond. They get money where it needs to go, most urgently, to individual recipients.

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Innovation Marketing National Report 294

Chris Skinner

MARCH 20, 2017

Bank assets to GDO was over 500 per cent in the UK and over 600 per cent in Switzerland, reflecting in part the role of these nations as major financial centres channelling capital flows between third countries. The banks feed domestic credit, financing asset purchases, investment and consumption as well as cross border lending.

System 236

System US Capital Lending 236

PYMNTS

NOVEMBER 18, 2020

Previous investors participating in the Series D included 14W, Mangrove Capital, Lerer Hippeau and Max Ventures. . Aside from offering a complimentary COVID-19 risk assessment, K Health has a test map that outlines “where people are reporting symptoms” and a national map of testing facilities, Eddleston added.

New York 233

New York Software System Industry 233

South State Correspondent

FEBRUARY 22, 2024

Banks consistently produce under their cost of capital. However, for the average bank, their cost of capital is between 9% and 14% depending on the bank’s equity liquidity with an average of 12.5%. One Of the Biggest Flaws In Our Industry From an organizational standpoint, the answer is clear. Why is that?

How To 195

How To Capital Strategy Lending 195

Independent Banker

MARCH 31, 2022

Here stood a group of experienced and passionate community bankers who have dedicated themselves to advocating for the industry they care so deeply about. The key is to demonstrate how additional regulatory burdens on the community banking industry will negatively affect the customers and communities we serve.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

JUNE 16, 2020

Cyberattacks against the financial industry have jumped by 238 percent in just the first five months of the year, VMware, Inc. Cybercriminals are capitalizing on COVID-19, and they are doing so in tandem with the news cycle,” he said during the virtual hearing. House of Representatives subcommittee on Tuesday (June 16).

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US Cyber Security Security National 227

PYMNTS

OCTOBER 25, 2019

Yet, small business (SMB) banking wasn’t the only highlight of this week’s B2B venture capital roundup, with the two largest fundraises showcasing China’s rising B2B FinTech ecosystem in areas like expense management and invoicing. Keeping up with the ever-intensifying competition with industry rival Tide, U.K.

Capital 101

Capital Fintech blockchain Management 101

PYMNTS

OCTOBER 7, 2016

Investors have backed off, regulation threatens to stunt the industry’s growth and, for many analysts, players in this space haven’t lived up to their expectations. “Finding the capital to support the business is even harder. The alternative lending market in the U.S. is not in its prime.

Lending 186

Lending Capital Industry National 186

Abrigo

OCTOBER 22, 2024

Say "thank you" this National FinCrime Fighter Day BSA professionals and financial crime fighters are tasked with the challenge of protecting our financial system daily. October 26 is National Financial Crime Fighter Day , and it’s the perfect time to pause and applaud everything these professionals do.

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Security Fraud Community National 221

PYMNTS

APRIL 28, 2017

venture capital sphere this week: VC funding for FinTech startups in Q1 alone hit $1.2 Analysts said the industry has seen its highest venture capital activity since Q1 of 2016, fueled by focus on late-stage investment rounds. This week’s B2B venture capital roundup is quite indicative of these trends.

Fintech 192

Fintech San Francisco Capital Software 192

PYMNTS

OCTOBER 9, 2020

Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. Kibo added, “We love global companies with very capital efficient structures.”.

San Francisco 196

San Francisco Capital United States Big Data 196

PYMNTS

NOVEMBER 4, 2020

As a result, the retail clients of Epos Now will be able to tap into the worldwide jump in eCommerce sales demand and diversify their sales channels at a key moment for the industry. Our customers must move to capitalize on the growing demand for online retail,” Epos Now Chief Growth Officer Barbara Staruk said in the announcement.

Payments 222

Payments Retail Online Software 222

PYMNTS

DECEMBER 9, 2016

Scotland’s economy has excelled in industrial industries such as shipbuilding, steel and petroleum, but the country is turning its attention to developing a rising digital tech scene. According to Tech Nation , Glasgow has a total digital GVA of £480 million. with an estimated population of 1.2

Industry 100

Industry Fintech Software National 100

PYMNTS

MAY 3, 2020

Hans Swildens, CEO of Industry Ventures, told the news outlet that roughly 80 percent of venture capital (VC) funding will be at pricing that is “flat” or “down.”. That is going to be a little bit of a stark reality for the current generation of young entrepreneurs.”. research by Silicon Valley Bank indicated, according to FT.

San Francisco 159

San Francisco Capital Survey Software 159

PYMNTS

FEBRUARY 16, 2020

Its investment in Latin America this year will target eCommerce, healthcare, FinTech and other industries, as it looks at about 650 firms in the region. SoftBank has so far earmarked $100 million to $150 million to fund 17 companies and two venture capital firms. . “We

Fintech 174

Fintech America Regional Capital 174

PYMNTS

NOVEMBER 28, 2020

As a companion to National Salesperson Day on Dec. 14 already has a made-up commercial holiday: National Free Shipping Day , in effect since 2008. Because this is PYMNTS, we can’t forget the mighty industry of which we are a part. 13, purportedly recognized since 2000, we put forth “Chronic Complainer Day” for Dec.

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social media National US Retail 198

Abrigo

DECEMBER 1, 2014

Credit unions have seen an unprecedented uptick in business-related loans in recent years, according to the Credit Union National Association’s (CUNA) U.S. Evaluate the level of capital needed. To evaluate the level of capital needed, the NCUA notes, “Credit unions should complete a feasibility study for the program.”

Strategy 186

Strategy How To Resources Lending 186

PYMNTS

APRIL 13, 2020

Activity during the month likely fluctuated notably and the impact is unlikely to be uniform across all industries,” Nomura Holdings said in a note to clients April 9. Most analysts expect an 8 percent plunge during the month, after a 0.5 percent decline in February. They’re focused on reopening.

Retail 216

Retail Data Capital New York 216

South State Correspondent

AUGUST 21, 2023

The three risks are: 1) rising funding costs to erode profitability, 2) reduced capital at small banks compared to larger banks, and 3) elevated commercial real estate (CRE) credit risks. Rising Funding Costs In Q2/23, the industry’s cost of funding rose rapidly.

Community Bank 195

Community Bank Community Capital Analysis 195

PYMNTS

JANUARY 5, 2020

For decades, public sector undertaking (PSU) banks have largely been responsible for handling the working capital loans that many firms need for daily operations. Though proposed by SBI, it has to be a collective decision by the industry,” one source told the news outlet. Assets don’t help companies to repay loans.

Lending 130

Lending Capital National Taxes 130

PYMNTS

AUGUST 20, 2020

This week’s exploration of the latest in payment rail innovation finds industry heavyweights like Visa, SWIFT and NACHA eyeing speed and data to add value to both new and legacy payment infrastructures. SWIFT gpi’s technology is revolutionary for the payments industry and gives power back to the customer.”

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Groups Payments Survey Data 252