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The Globalization Of Late Payments

PYMNTS

PYMNTS explores newly released data from across Europe, Asia-Pacific and Africa that uncovers how SMEs and suppliers manage their cash flow amid chronic late payers. 92% of South African SMEs are planning for growth next year , found a new report by the National Small Business Chamber (NSBC). 85% of the $2.6 85% of the $2.6

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Four Steps for Managing Third-Party Cyber Security Risk

FICO

As TPRM or third-party risk management grows in importance, so does cybersecurity risk assessment as part of it. The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management. regions, cloud)?

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Deposit Behavior In This Rate Cycle – Part III

South State Correspondent

In two recent articles, we reviewed the banking industry’s deposit behavior with regard to cost of funding earning assets (COF) ( HERE ), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle ( HERE ).

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NEW DATA: Cash’s Influence In Mexico Goes Digital

PYMNTS

In 2016, Mexico’s predilection for cash outpaced that of neighboring nations with a cash share of 26.1 PYMNTS found Mexico has a low rate of ATMs, bank branches and POS systems per 100,000 people compared to other nations. In 2016, the nation’s cash share of GDP stood at 26.1 percent) and the U.S.

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Deep Dive: How To Improve Existing AML/KYC Requirements

PYMNTS

Banks, credit unions and other financial institutions have a significant responsibility, one that goes far beyond managing customers’ financial assets: They’re tasked with safeguarding the financial services ecosystem against bad actors, money launderers and other criminals. Following a joint investigation with U.S.

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Election Season Has SMEs Stressed, Says Research

PYMNTS

According to researchers, the Small Business Economic Survey found that SMEs in the region are more pessimistic about the nation’s economy in 2016 than they were in 2015. According to Union Bank, during the 2012 election year, the survey found similar evidence of uneasiness and uncertainty about the nation’s economy.

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How The Fed Will Impact Your Deposit Beta

South State Correspondent

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. In the 2016 tightening cycle, the Fed started running off its balance sheet two years after its first rate hike.