By Charles W. Mulford
Earnings before interest, taxes,
depreciation and amortization, or EBITDA, is a metric that is often used in
loan underwriting decisions for small business. This is understandable as EBITDA
provides a measure of cash flow that is easily calculated for borrowers that
are less likely to provide more sophisticated cash flow information.
By Donna Parent
recent 60 Minutes interview, Jay Powell, Chair of the Federal Reserve, stated
that cyber risk is the largest threat to the Fed and to financial institutions
throughout the U.S. It’s not difficult to understand why. Today’s digital age,
paired with the ongoing development of new technologies, have provided a
breeding ground for cybercriminals to capitalize upon, across physical and mobile
By Jim Murez
It’s been a rough go lately for the nation’s farmers, with some combination of tariffs, low prices at the farm gate and flooding all impacting their livelihoods. However, one provision in the 2018 Farm Bill offered a glimmer of light for some farmers: Hemp.
Discover’s credit card mobile app, as well as
its website, Discover.com, received top marks
in customer satisfaction among U.S. credit card companies, according to the U.S. Credit Card
Mobile App Satisfaction Studyand
the U.S. Online Credit Card Satisfaction Study recently conducted by J.D.
Power. The app received 890 points out of a possible 1,000, outpacing the
industry average by 18 points, and Discover.com
received 885 points out of the possible 1,000, putting if 22 points ahead of
There were four frequently made predictions by
industry experts, financial institutions and technology providers at the
beginning of 2019, according to the recent Digital Banking Trends Progress
Report from D3 Banking Technology.
“Even though we’re only halfway through, 2019
is shaping up to be another wild ride in financial services,” said Mark Vipond,
CEO of D3. “In 2019, banks and credit unions must focus on consolidating and
streamlining their platforms and leveraging modern technology that helps them
better understand their customers’ and members’ needs.”