Sat.Sep 18, 2021 - Fri.Sep 24, 2021

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New Disclosures under CECL: What Banks & Credit Unions Need to Know

Abrigo

CECL disclosure requirements for 2023 filers and others New disclosures are required under CECL in some cases. Here’s how they’re changing for financial institutions. See below for key takeaways of this article. Stay updated on all things CECL. 1. New Disclosures Under CECL CECL disclosures play a central role in the new standard, but many financial institutions begin work on them too late in the process.

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Compliance: What It Means For Us And For You

JSP Credit Management

When JSP Credit Management was first incorporated, naturally a fair amount of preparatory work had already been done. Things such as building a website, getting our terms and conditions done, and building a business plan. The business plan was a struggle, to be honest, particularly the “marketing” section. “Marketing plan?”, we thought, “what on earth is one of them?”.

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Small Business Loan Approvals Up at Banksand Non-Bank Lenders

SMB Commercial Lending

The Biz2Credit Small Business Lending Index for August reveals banks and non-bank lenders approved more loans in August. This includes big and small banks as well as institutional and alternative lenders. Only credit unions didn’t see any change, staying the same for the past two months with a 20.5% loan approval rate. The percentage of loan approvals by non-bank lenders was up considerably in August.

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How to Check Your Business Credit with Self Serve Business Credit Reports

CommandCredit

The Latin phrase “ Scientia potential est” translates to the phrase you may know as “ Knowledge is power.” This phase is attributed to Sir Francis Bacon in the 1600s, and it is still relevant today. Knowledge gives the information you need to make better decisions. In business, this information is essential. There is no better example than your business credit report.

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3 Traits of a Strong Loan Reviewer – Video

Abrigo

The DNA of an Effective Loan Reviewer Independent loan reviewers need certain competencies or traits. Consultant Ancin Cooley explains in this video. Would you like other content like this in your inbox? . Takeaway 1 A loan reviewer must have solid technical skills in order to do the job competently. . Takeaway 2 Curiosity is an important trait for loan reviewers to have to be effective. .

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4 reasons to buy-not-build your payments process

GoCardless

We look at why it pays to invest in payment software when you're trying to scale

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5 ways to optimise your payments strategy in the cloud

GoCardless

Find out how to harness the power of the cloud and optimise your payments

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Sustainability Focus: The link between plastic, oceans and climate change

GoCardless

Dive into our new Head of Environmental Sustainability's blog on climate change

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What is a Prepaid Card and How Does It Work?

GoCardless

We look at how prepaid credit cards can help you take charge of your expenses

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How to send money internationally online

GoCardless

Is it possible to send money abroad quickly and safely using online providers?

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Open banking: The next big thing for small businesses

GoCardless

Why exactly is open banking such an exciting opportunity for small businesses?

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PCI DSS: Definition & Examples

GoCardless

What you need to know about the Payment Card Industry Data Security Standard!

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What is a Hosted Payment Page?

GoCardless

Learn how to use hosted payment pages on your website for hassle-free sales

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How to stop cart abandonment

GoCardless

We share practical tips to help you tackle the problem of cart abandonment

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What is Headless Commerce?

GoCardless

Navigate the changing landscape of online shopping with headless commerce.

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Transaction Fees: Definition & Examples

GoCardless

We look at the different transaction fees that could affect your business.

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What Is a Bank Routing Number (BRN)?

GoCardless

To send money to a US bank account, you’ll need a bank routing number.

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Small Business Payment Terms

GoCardless

Appropriate small business payment terms ensure a healthy cash flow.

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How to add a mobile app payment gateway

GoCardless

Mobile app payment gateways make it easy to accept mobile payments.

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What Is a Passbook and How is it Used?

GoCardless

Discover how to use a passbook to keep track of your transactions.

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Card Not Present Transaction: Definition & Examples

GoCardless

Looking at what Card Not Present means and when you will use it

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Payout: Definition & Examples

GoCardless

We explore the different types of payout in the business world

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What Does PCI Stand For?

GoCardless

What is the PCI meaning and how does it apply to your business?

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NFC payments: everything you need to know

GoCardless

Discover the benefits to near field communication NFC payments.

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What is a mobile payment service (MPS)?

GoCardless

What should you look for in an MPS to boost mobile payments?

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How To: Ecommerce Replatforming

GoCardless

Find out how and why to replatform an ecommerce business.

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Best Payment Methods For Sole Traders

GoCardless

As a sole trader you need payment methods you can trust

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What Is A PDQ Payment

GoCardless

Find out how what PDQ payments can do for your business

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What is the Instalment Payment Method?

GoCardless

A guide to the instalment payment method for merchants

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What is a recurring payment?

GoCardless

The financial ratios your business needs to understand

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