PYMNTS

JANUARY 20, 2021

The People’s Bank of China (PBOC) has issued new draft rules that seek to rein in any non-bank company that dominates at least half of the payments market or combination of two companies that dominate at least two-thirds of the market.

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Regulation Payments Video Groups 175

PYMNTS

AUGUST 11, 2020

Federal and state authorities are targeting companies that allegedly lend money to small businesses at extreme rates and seek to collect payments with heavy-handed tactics, NBC News reported Tuesday (Aug. Critics argue that the total cash outflow required of businesses that get money from merchant cash advance companies can be disastrous.

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CB Insights

OCTOBER 29, 2020

Capital markets infrastructure powers the trade of stocks, bonds, and other securities, handling $3000T+ in transactions each year. Company Name. Financial regulators have also signaled that they would accommodate a larger role for DLT, potentially paving the way for broader adoption. Phone number. Please click to enlarge.

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PYMNTS

JULY 19, 2020

Equity crowdfunding program Equifund CFP is launching a Regulation Crowfunding offering to help cannabis tech company Drop Delivery raise money for its all-in-one delivery system for cannabis products, according to a press release.

System 218

System Capital Payments Regulation 218

TheGuardian

MARCH 6, 2024

Coalition of advocacy groups warn that deal would ‘further concentrate risk’ in the financial system and ‘must be stopped’ Regulators have been urged to block Capital One’s $35bn takeover of Discover by campaigners who say the blockbuster deal is “dangerous, illegal, and must be stopped”. Continue reading.

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PYMNTS

JANUARY 11, 2021

Capital One has signed on to join Fiserv ’s surcharge-free MoneyPass ATM network. Under the deal , MoneyPass will be made available at over 1,500 Capital One ATMs at Capital One branches, Capital One Cafés and other select locations. Despite the pandemic, Fiserv has been very busy over the last two months.

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ATM Capital Survey Cards 130

PYMNTS

DECEMBER 21, 2020

Like many venture capital companies in the payments space, Serent Capital has had a busy year. The first was the investment in early December of procure-to-pay healthcare payments company Procurement Partners. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million.

Capital 199

Capital Payments Software Fintech 199

PYMNTS

JANUARY 6, 2020

A “capital winter” — a significant funding slowdown and drop in fundraising activities — is bearing down on China, vexed by political strife and economic uncertainty. The tech closures come as a funding shortage has investors wrestling with the end of a venture capital (VC) boom. . billion ($2.5 billion) from investors. billion ($2.5

Capital 132

Capital Regulation Company Report 132

BankUnderground

JUNE 8, 2022

There is a lively debate about whether and how capital regulations for banks and insurers should be adjusted in response to climate change. Incorporating climate-related risks into the capital regime will require a reliable methodology to measure these risks. Marco Bardoscia, Benjamin Guin and Misa Tanaka.

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PYMNTS

DECEMBER 9, 2020

The crisis strained businesses worldwide, especially startups and small companies with less cash flow and resources, but video-based know your customer (KYC) presents an opportunity to reduce the number of potential customers who abort application processes they may see as lengthy and complicated. The Roadmap To Adopting Video-Based KYC.

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PYMNTS

SEPTEMBER 14, 2020

New Chinese finance rules will force Ant Group to comply with regulations to back up any payments, lending or other finances with substantial capital, according to a report from The Wall Street Journal (WSJ). As of June 30, the company had 71.4 1, and will have to apply for a license to do so. billion yuan ($10.4

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PYMNTS

APRIL 23, 2020

After previously indicating that he supported increased tax rates but was against a wealth tax concept, billionaire investor Leon Cooperman said in a televised interview that the coronavirus emergency will “likely” change capitalism permanently and taxes will need to be increased before long, according to a CNBC report.

Capital 131

Capital Taxes Regulation Report 131

PYMNTS

FEBRUARY 16, 2017

Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. The agency did note, however, that it will deal with “errant VC managers” on a case-by-case basis and continue to retain its powers to regulate venture capitalists.

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Payments Source

FEBRUARY 3, 2021

Ant Group and Chinese regulators have agreed on a restructuring plan that will turn Jack Ma’s fintech giant into a financial holding company, making it subject to capital requirements similar to those for banks.

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Regulation Groups Capital Fintech 128

PYMNTS

AUGUST 29, 2017

Regulators in China are gearing up to issue new rules on digital coin offerings and could move to ban them until the new rules are put in place. ICOs are hugely popular, resulting in startups raising tons of money in capital. It’s just not regulators in China eyeing the ICO market. 7 of this year. “The

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Regulation Bitcoin Security Capital 161

PYMNTS

AUGUST 2, 2019

The investigation was in April, ahead of the Capital One hack that resulted in the arrest of a former Amazon engineer. Antitrust investigations have also begun to determine if Amazon and other tech companies have used their size and influence to stifle competition, the WSJ said. banking system. banking system.

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Regulation Virginia Google Capital 144

PYMNTS

DECEMBER 28, 2020

Large Chinese companies, including Alibaba and rivals Tencent , food delivery giant Meituan and retailer JD.com , have lost almost $200 billion in Hong Kong since regulators announced last week that they were investigating Alibaba's reported monopolistic practices, according to Bloomberg. Regulators on Sunday (Dec.

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Regulation Google Report Capital 141

PYMNTS

FEBRUARY 6, 2020

Buy now, pay later (BNPL) company Afterpay has pushed back against the Reserve Bank of Australia’s potential regulation of its fees. Afterpay has a market capitalization of around $10 billion. Afterpay CEO Anthony Eisen said the company should be seen as a sales and marketing company, more like Amazon or Google.

Regulation 141

Regulation Google Policies System 141

PYMNTS

JUNE 26, 2020

Dombrovskis told the Times he will ask the 27-nation bloc’s markets supervisor to evaluate BaFin’s handling of the one-time rising star German financial technology company. “We We need to clarify what went wrong.”. Wirecard’s rapid fall has rocked the EU. This is certainly something that requires investigation,” Dombrovskis said. “As

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PYMNTS

JUNE 29, 2020

Numerous regulators had discussions over the years about tightening supervision on Wirecard or adding it to a list of potential subjects for more investigations, but all decided against it, Reuters reports. That was all before the company’s current implosion over a scandal about a missing $2 billion on its books.

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Regulation Report Capital Company 144

PYMNTS

JUNE 7, 2019

Europe’s Financial Stability Board ( FSB ) said on Friday (June 7) that higher bank capital requirements, which were put on the books during the financial crisis, will remain. Reuters , citing the regulator, reported it found the negative impact on small business lending was short in nature, and that there is no need to change the rule.

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American Banker

MAY 4, 2024

The decision will turn on whether regulators think the merged company would lessen competition or pose a significant threat to the broader economy if it runs into financial distress.

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Capital Regulation Company Compliance 58

PYMNTS

JANUARY 17, 2019

General Electric ‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. 16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance platform for an undisclosed sum.

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Capital America blockchain Regulation 150

PYMNTS

JANUARY 10, 2019

Alternative small business (SMB) lending platform CAN Capital announced on Wednesday (Jan. CAN Capital added Siciliano from commercial financing company Marlin Business Services , where he served in a variety of roles, including CEO and chief operating officer. 9) that Edward J.

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Capital Leadership Customer Experience Lending 134

PYMNTS

OCTOBER 1, 2019

India-based financial services provider Reliance Capital has announced it will exit the lending market. Anil Ambani , group chairman of the non-bank financial company (NBFC), revealed the firm’s plans on Monday (Sept. Last month Bloomberg reported that NBFCs in India have issued $1.5

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Capital Lending Regulation Operations 109

PYMNTS

DECEMBER 17, 2018

Australian challenger bank Judo Capital has chosen VERMEG , a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements as it pursues its full banking license. “Regulatory reporting is an essential function for Judo.

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Capital Compliance Report Software 116

PYMNTS

JUNE 7, 2019

Europe’s Financial Stability Board said Friday (June 7) that higher bank capital requirements put on the books during the financial crisis will remain. When the banks were required to increase their capital back in 2010 they argued it would hurt their ability to keep up their lending pace. In January the U.K.

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Capital Lending Regulation Meeting 100

PYMNTS

APRIL 29, 2019

Securities and Exchange Commission has appointed members to its newly-formed Small Business Capital Formation Advisory Committee as it works to support small business access to capital. The SEC’s new advocate for small business capital formation, Martha Legg Miller, and 15 other members are also a part of the team, reports said.

Capital 108

Capital Lending Regulation Report 108

South State Correspondent

JANUARY 8, 2015

The Kansas City Fed released an interesting research paper titled The Effect of Risk and Organization Structures on Bank Capital Ratios. The research looks at how risk and a bank’s organizational structure impacts its capital levels. In times of stress, does a bank holding company (BHC) structure help protect a bank or hurt it? '

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Kansas City Capital Kansas Regulation 150

PYMNTS

AUGUST 1, 2019

Investigators from the Federal Reserve carried out an inspection of Amazon ’s cloud in April as Washington looks into ways to regulate companies that provide the service. People familiar with the matter said the regulators were most interested in looking at Amazon’s resiliency and backup systems.

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Regulation Washington Virginia Seattle 108

PYMNTS

NOVEMBER 16, 2020

Potential approaches, it noted, are fitting it into current financial regulations, which could “in some instances even entail outright banning,” or following a “let-things-happen” approach, which focuses on supporting innovation and preventing overregulation.

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Bitcoin Regulation Innovation Security 296

PYMNTS

JANUARY 27, 2020

30), it will serve as detailed regulation for cryptocurrency firms — for activities ranging from digital payments to the trading of coins like bitcoin and ether. Binance Holdings, one of the world’s largest crypto exchanges, has an office in Singapore, though the company declined to say whether it would be seeking a license.

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Regulation cryptocurrency Payments Bitcoin 151

PYMNTS

AUGUST 25, 2017

24) it has temporarily suspended trading in the securities of Canada-based company First Bitcoin Capital Corp. The move on the part of the SEC comes as the government agency has already signaled it would regulate the cryptocurrency market. The Securities Exchange Commission (SEC) announced Thursday (Aug. 7 of this year.

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Bitcoin Capital cryptocurrency Security 104

PYMNTS

JANUARY 10, 2020

Deribit , a popular global cryptocurrency options exchange, is moving to Panama in February to sidestep the Netherlands’ upcoming regulation changes on the industry, according to Bloomberg. WisdomTree CEO and Founder Jonathan Steinberg told CoinDesk that his company gave about $8 million. Entities licensed under the FSL (e.g.

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Illinois blockchain Regulation Bitcoin 131

Abrigo

FEBRUARY 14, 2024

You might also like this podcast, "How to sleep easier at night about your capital and risk levels." Construction companies are still struggling to cope with the impacts of higher interest rates and costs, and they are paying more to attract and retain workers, according to the Associated General Contractors of America (AGC).

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Risk Management Management Lending Capital 195

CB Insights

NOVEMBER 11, 2022

Turbulent market conditions have rattled capital markets tech funding, which fell 84% YoY in Q3’22. . These technologies enable capital markets firms not only to adapt to market volatility, but also to pursue new growth opportunities. The company also partners with law firms, which offer Pulley’s service to their startup clients.

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Perficient

MARCH 3, 2022

Federal bank regulators work together to design Comprehensive Capital Analysis and Review (“CCAR”) stress tests that are designed to ensure that even in the case of a severe recession, significant banks can lend to households and businesses. As repeated by federal bank regulators, the required economic scenarios are not forecasts.

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Capital Regulation Exercises United States 294