Cnlp Zetwerk Raises $32M Series B Led By Lightspeed, Greenoaks Capital

Bank of America BofA said on Wednesday Oct. 14 that it is seeing a full restoration of customer spending, along with declines in delinquencies on credit cards, car loans and mortgages, even as the pandemic rages on. Year to date, across $2.3 trillion in spending at Bank of America, customers have spent more than they di stanley cup romania d last year, CEO Brian Moynihan told investors and analysts on a conference call following the companys 3Q earnings release.聽 What we are seeing as we turn into October is that spending by our consumers is still solid and about 10 percent ahead of last year. Moynihan said Americas second-largest bank聽sees聽consumer and commercial demand continue to improve, alongside a U.S. economy that has recovered 97 percent of its previous gross domestic product size.Loan Delinquencies StabilizingOn the loan front, Moynihan said that demand looked to have troughed in September, as reflected by the stability of balances and customer deposits.BofA said that of its $4.5 billion in non-performing loans, the commercial side was basically flat last quarter, while consumer non-performing loans only rose by about $200 million. Together, Moynihan said, the banks overall ba stanley de lance of nonperforming loans remained at a modest 48 basis points 鈥?less than 0.5 percent of the entire portfolio.Moynihan also said card and mortgage delinquencies declined year over year during Q3, in both dollar amounts and as a per stanley mug centage of the total portfolio. He added that BofA doesnt expect to see Rrir Without Wow Factor, Smartphone Sales Expected To Be Flat In 2018

Its pre stanley us diction and forecasting season with the start of the new year. In B2B, 2016 seems to be the year of commercial cards, with new research and analysis emerging regarding the hopeful rise in card acceptance among suppliers and vendors.One of the latest is Driving Up the Value of Commercial Card Acceptance for Suppliers, a聽Mercator Advisory Group report with insight from Visa and MasterCard on how corporations can help their business partners begin accepting electronic payment. There is a tremendous upside to card scheme acceptance, for which banks and buyers hold the keys, stated the reports author, Richard Hall, Mercator commercial and enterprise payments advisory service director.tweet=There is a tremendou stanley cup s upside to suppliers ; card scheme acceptance. 82 stanley kaufen 21;]The report, which was released just weeks before the start of 2016, highlighted the knowledge gap among suppliers regarding how cards can reduce their costs; suppliers and banks, on the other hand, are well-versed in the financial benefits of card acceptance 鈥斅爉ainly, that suppliers will see less friction in getting their outstanding invoices settled, Mercator found.On this premise, analysts have begun the year musing about the potential in suppliers credit card acceptance.Reports from The Economic Voice on Tuesday Jan. 5 highlighted the key benefits of card acceptance in the B2B sales chain. In the highly digital and Internet-based world of today, options for electronic p