Remove tag corporate loans
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B2B Fraudsters Find New Twists In Old Scam Favorites

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Fraud never sleeps, and the corporate finance department cannot afford to stay behind on the ever-changing strategies of fraudsters. ” Pointing to FinCEN data, Agari warned that the average price tag of falling victim to a VEC scam is more than $125,000 — significantly more than the classic BEC scam that costs an average of $50,000.

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Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash

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And as Karen Webster noted in a 2016 commentary: “The generation that made sriracha a food group and yoga pants a go-to corporate wardrobe staple … the generation that every brand is desperately trying to woo is, by and large, broke.” Millennials have racked up more than a half-trillion dollars of student loan debt.

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Billions Of Dollars Wasted, But Soaring SME Optimism

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It’s no April Fools’ joke: 2016’s first quarter has already wrapped and, with its closure, comes a wave of data looking back at the state of corporate finances. billion in loans were taken out by small U.K. 2 billion in excess interest payments hit corporates with bonds , a new report from Fideres found.

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The Real-Time Payments Receivables Conundrum

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For example, businesses are paying insurance claims to consumers and loan proceeds to borrowers in real time – and banks and FinTechs are enabling payments between people in real time. It’s a dynamic that can be solved by access to speedy real-time rails – but it also comes with a hefty price tag for suppliers. buyers owe suppliers $3.1

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Transcript: Jenny Johnson, Franklin Templeton

Barry Ritholtz

One is we were securitizing the assets in the auto loan and selling them off to other asset managers because we weren’t able to buy them ourselves. You can put those tags in there but still take a professionally managed strategy… RITHOLTZ: Right. I also ran our credit card business at the time. JOHNSON: Absolutely.

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Transcript: John Hope Bryant

Barry Ritholtz

And how is it that you, what’s this car that’s in the parking lot, it’s got plates on it and a tag and it’s brand new. Check casher, next to a payday loan lender, next to a rent-to-own store, next to a title lender, next to a liquor store, next to a pawn shop. It was a trading corporation. What do you do?

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Partnerships, Pivots And Bookended Data Breaches

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Goldman Sachs — with its long track record of being the investment bank of choice for elite investors, corporations and governments — is probably not the first financial institution that comes to mind when thinking about touching the “common man.”. Goldman Sachs Goes Middle Class. and Canada.