Fundera

NOVEMBER 7, 2016

In 2012, 155 big corporations like Fedex, AOL, and Twitter banded together to promote shopping during Small Business Saturday. Of all the consumers that were aware of Small Business Saturday, almost 50% of them turned out and actually shopped during the 2012 event. More than 3.2 billion on Small Business Saturday.

Small Businesses 110

Small Businesses 110

RMAi Blog

APRIL 4, 2023

When I founded EverChain in 2012, the debt sale and placement marketplace for default debt portfolios was inefficient and flawed,” Matthew Wratten, Chairman and CEO of EverChain said. Over the last decade, we’ve rapidly introduced truly market-changing products and services.

Bankruptcy 100

Bankruptcy Credit and Collections Default 100

RMAi Blog

MAY 1, 2023

Debra was elected to the ACA board of directors in 2012 and served until her second term ended in 2018. Debra left the ACA Staff in 1993 to join Anderson Financial Network, Inc., now known as Afni, Inc. where she was initially Director of Education, then Director of Compliance, until 2015.

Collector 130

Collector 130

Fundera

SEPTEMBER 23, 2015

It didn’t really make a difference because we were [making] no money anyway,” says Jess Geier who started the company in 2012 with her dad, Bill Geier. This was a huge improvement when taking into account that the company made $1000 in all of 2012. In 2013, Raw Generation had to shut down its website because sales were too low. “It

105

105

Abrigo

MAY 10, 2022

To satisfy regulatory requirements, where conflicting guidance is concerned, use the most recent releases from both FinCEN and the Federal Financial Institutions Examination Council (FFIEC): FinCEN – use SAR form instructions and the 2012 SAR form Q & A FFIEC – BSA Examination Manual, Appendix L - SAR Quality Guidance Communicate with law enforcement (..)

Transactions 148

Transactions 148

Abrigo

FEBRUARY 17, 2015

While total lending expanded by over four percent between March 2012 and March 2013, the growth rate decelerated to less than four percent the following year. Specifically, community banks achieved a five percent annual growth rate in the third quarter of 2014, after seeing total CRE loans fall from 2009 through the end of 2012.

Credit Unions 84

Credit Unions 84

SAP Credit Management

AUGUST 9, 2023

Back when we launched SAP Screen Personas in 2012, we positioned it as a tool to improve the appearance of screens. Another argument is that during implementation of an ERP system, we try to avoid customer requests for cosmetic changes because of budget limits. I fully agree with you on this point.

Transactions 130

Transactions 130

SAP Credit Management

SEPTEMBER 12, 2023

Alp: “The Digital Skills Center (formerly known as SAP Training & Development Institute) was established back in 2012 to create capacity for SAP partners and customers. What are the key digital skills initiatives we have in place to help recruit and train new talent?

129

129

SAP Credit Management

AUGUST 3, 2023

EU Exposure Scenario (January 2021) KR MSDS Number (January 2021) CL GHS Classification (February 2021) CL GHS Labeling (February 2021) TW GHS Classification (March 2016) TW GHS Labeling (March 2016) TH GHS Classification (March 2012) TH GHS Labeling (March 2012) PH GHS Classification (August 2015) PH GHS Labeling (August 2015) New and updated compliance (..)

146

146

Abrigo

OCTOBER 21, 2020

The CMBS delinquency rate reached 10.31% earlier this year, and the peak ever was 10.34% in July 2012 so we reached almost the peak historically but have been slowly decreasing ever since. The overall CMBS delinquency rate in September came in at 8.92%, a decline of 10 basis points from the August number.

CECL 125

CECL Credit Risk Default 125

Fundera

JANUARY 24, 2017

A 2012 study shows that female-owned small businesses consistently out-survive male-owned businesses in many industries and areas. million in 2007 to 8 million in 2012. So, if you’re feeling down on the prospects of starting a small business or U.S. small businesses in general, keep these five statistics in mind. million to 3.3

Small Businesses 111

Small Businesses Credit Unions 111

Fundera

MARCH 30, 2017

There were 4 studies that we looked at in-depth: the 2007 and 2012 Survey of Business Owners , the 2014 Annual Survey of Entrepreneurs , and the 2015 American Community Survey. This metric measures the growth of women-owned businesses between 2007 and 2012. Census Bureau. 5-year growth in number of Women-Owned Businesses (10 points).

Small Businesses 81

Small Businesses 81

Abrigo

NOVEMBER 29, 2021

Noninterest income drove 20% of community banks' net operating revenue in 2019, down from 22% in 2012, according to a recent FDIC study. On average, these charges generated nearly 19% of total noninterest income in 2019, down from 24% in 2012, according to the FDIC.

CECL 78

CECL Credit Unions 78

SAP Credit Management

SEPTEMBER 1, 2023

The reputational consequences of such errors can be severe—witness the firestorm that erupted over problems with Apple Maps in the fall of 2012. An inaccurate financial report can turn even the best investment sour.

182

182

Your Virtual Credit Manager

FEBRUARY 13, 2024

After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Historically, business failures increase after a recession.

Bankruptcy 130

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

Fundera

NOVEMBER 2, 2016

In 2012, Hurricane Sandy severely damaged the both lower Manhattan and Hoboken with high flood waters. When you look across the Hudson River from downtown Manhattan, you’re looking at the waterfront town of Hoboken. Its short distance from NYC has helped the city grow over the last decade—in fact, by 7.07% over the last 5 years.

Small Businesses 105

Small Businesses 105

Fundera

JULY 11, 2016

Back in 2012, after years of deliberation, the city of Detroit announced it was abandoning its plans for a light rail—a much-needed system that would have connected downtown to Detroit’s suburbs. The Detroit Bus Company from Dark Rye on Vimeo. What do you do when your city’s public transportation leaves you high and dry?

Small Businesses 75

Small Businesses 75

Abrigo

APRIL 12, 2017

For example, if we originated a loan in 2012, it had a 3-year maturity and we renewed that credit in 2015. That loan would have a 2012 and 2015 Vintage. Any events that happened to that credit after the renewal should be tied to the 2015 Vintage and subsequently, any behavior before that renewal should be tied to the 2012 Vintage.

CECL 60

CECL 60

Abrigo

SEPTEMBER 24, 2015

FASB proposed the move from its existing credit impairment accounting standards to the expected loss model in December 2012, and after years of debate and discussion, a final version of the guidance is expected by year end. Some meeting participants, however, expressed skepticism that this timing would hold true.

CECL 84

CECL Credit Unions Credit and Collections Credit Risk 84

Your Virtual Credit Manager

MARCH 21, 2023

The resulting disruption on Wall Street will eventually affect main street as we saw from 2008 through 2012 when business bankruptcies returned to pre-recession levels. The fact is, investors are ready to jump out of the market at the first sign of any type of trouble. How large will the impact on the banking system and economy be?

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bankruptcy Bad Debt Credit and Collections 130

SAP Credit Management

AUGUST 17, 2023

2012 – SAP Environment, Health, and Safety Management (SAP EHSM) – Product Compliance In 2010, SAP acquired TechniData. The SAP EHS solution consists of EHS Workplace Safety, Environment Management, and Work Permit Management. The solutions are available in SAP ECC 6.0 as part of the EHSM component extension and SAP S/4HANA.

111

111

SAP Credit Management

JANUARY 6, 2023

Since 2012, I have contributed as an SAP mentor and in particular drive the development of SAP ECC and S/4HANA. Thirty years ago, when he was still cramming vocabulary, grammar and binomial formulas at the age of thirteen, I entered the SAP world. Then in 2006 I took the leap into self-employment, and in 2016 I founded ADventas GmbH.

135

135

Abrigo

JANUARY 5, 2015

With the number of commercial banks continuing to decrease, 5,636 as of Q3 2014 from 6,110 as of Q3 2012 according to FRED data , many expect the overall number of commercial banks to decrease even further – largely as a result of M&A activity rather than bank failures.

Credit Unions 83

Credit Unions 83

Fundera

FEBRUARY 20, 2018

minority-owned business enterprises more than doubled between 2002 and 2012, according to the Minority Business Development Agency (MDBA). Data from a 2016 SBA release indicates that minorities own 29% of U.S. businesses —and the best part is that number is only growing. The number of U.S. All of this is exactly what we want to hear.

Small Businesses 108

Small Businesses 108

Fundera

JUNE 15, 2017

According to the 2012 U.S. Meanwhile, in 2012, only 134 of the supermarket companies operated with 1,000 employees or more. However, even with this threat of an eventual 900 new giants cropping up across the country within the next five years, small businesses continue to remain the backbone of local economies across the country.

Small Businesses 68

Small Businesses 68

Abrigo

AUGUST 9, 2017

Avert Risk The OCC’s October 2012 Supervisory Guidance notes that financial institutions that perform stress testing “have the ability to minimize the impact of negative market developments more effectively” than those that do not have a stress testing process in place.

Credit Unions 60

Credit Unions 60

Fundera

NOVEMBER 10, 2017

Census Bureau’s 2012 survey of small business owners, shows that about 2.52 Small Business Administration’s Office of Advocacy recently released an encouraging report on veteran-owned businesses. The report, based on data from the U.S. million businesses in the U.S. are majority-owned by veterans.

Small Businesses 112

Small Businesses 112

Fundera

JUNE 23, 2017

From 2008 to 2012, there was a 38.1% Additionally, only 4% of the volume of business loans across the board goes to women entrepreneurs. These are statistics that can’t be ignored and need to be addressed. Minority-owned business ownership is on the rise. increase in minority business ownership.

Small Businesses 79

Small Businesses 79

Abrigo

JULY 2, 2019

Today, most of farmers’ cash reserves that were built up in 2012-2014 are at, or nearing, depletion. The following article is based on the whitepaper, The Ag Lender’s Survival Guide by Rob Newberry, SVP of Credit Risk Services at Abrigo. To download the whitepaper, click here.

Credit Risk 60

Credit Risk Credit Scoring 60

SOA People

FEBRUARY 8, 2024

In 2012, the final version of the EU regulation was adopted by the European Parliament and thus came into force and is binding for 36 countries. The European Commission (EC) and the European Parliament believed this implementation was happening to slowly and prepared legislation in 2010 to legally regulate migration.

Credit Management 52

Credit Management 52

Abrigo

DECEMBER 1, 2014

From June 2007 to December 2012, MBL volume increased 66 percent, growing from $26.04 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. Credit Union Profile. billion to $43.16

Credit Unions 74

Credit Unions 74

Fundera

SEPTEMBER 5, 2019

As of 2012, though, the states with small businesses that pay the highest average salaries are the District of Columbia ($62,929), Massachusetts ($49,444), New York ($48,790), Connecticut ($48,711), and Alaska ($47,973). New businesses account for nearly all net new job creation, and almost 20% of gross job creation.

Small Businesses 105

Small Businesses Law Firms 105

Fundera

DECEMBER 10, 2018

As of 2012, though, the states with small businesses that pay the highest average salaries are the District of Columbia ($62,929), Massachusetts ($49,444), New York ($48,790), Connecticut ($48,711), and Alaska ($47,973). New businesses account for nearly all net new job creation, and almost 20% of gross job creation.

Small Businesses 105

Small Businesses Law Firms 105

Fundera

NOVEMBER 4, 2016

Jumping at the opportunity, Grace started Grace Eleyae in 2012 at age 25. She sewed together the prototype in class, and after trialing it herself and with friends and family, “she knew she had something.”. After perfecting her prototype, she began selling her “Slap” —or satin-lined cap — in 2014. From One Sale to Hundreds.

87

87

Fundera

MAY 27, 2016

Hickies got its official start on Kickstarter in 2011, with the product then launching in October 2012. We left our family, our homes, and came with our suitcases to New York.”. Refusing to Take No for an Answer. Users were taken with the shoelace replacements.

76

76

Fundera

SEPTEMBER 15, 2016

Freshbooks homepage: QuickBooks Online circa 2012: See? When comparing Freshbooks vs QuickBooks on interface, obviously I’m used to QuickBooks because I’ve been using it for almost 11 years. I found Freshbooks easy to navigate as well, because it looked very similar to older versions of QuickBooks Online.

Transactions 105

Transactions Credit Sales 105

Fundera

SEPTEMBER 15, 2016

Freshbooks homepage: QuickBooks Online circa 2012: See? When comparing Freshbooks vs QuickBooks on interface, obviously I’m used to QuickBooks because I’ve been using it for almost 11 years. I found Freshbooks easy to navigate as well, because it looked very similar to older versions of QuickBooks Online.

Transactions 105

Transactions Credit Sales 105