Remove 2008 Remove Fintech Remove Management Remove Risk Management
article thumbnail

Globalisation: External Forces Driving Corporate Growth and Expansion

Celent Banking

Treasury management plays an important role in a corporation’s globalisation efforts especially in the areas of cash management, banking, foreign exchange risk, and investments. Eight years on from the 2008–2009 financial crises, global economic growth remains sluggish, hovering between 3.1% since 2012.

Regional 100
article thumbnail

Even in a Crisis, the Best Collections Strategy Is to Avoid Collections

FICO

With a cost-of-living crisis and soaring energy costs across Europe and other countries, it's important to re-evaluate debt collections and customer risk management strategies. It also represented a regulatory stepping-stone put in place following the global banking crash of 2008. in Q2-2008. Wed, 09/07/2022 - 09:50.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Reimagining the first line of defense with next-gen GRC

Insights on Business

The global financial crisis of 2008 and 2009 brought a renewed focus on the governance, risk and compliance (GRC) processes within the financial institutions, who, not very long ago, viewed GRC as little more than a necessary evil – cost of doing business, which added little value. IBM OpenPages with Watson 8.0

article thumbnail

ICC Says Regulation Limits Trade Finance

PYMNTS

The ICC pointed to Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance requirements that have also forced banks to reallocate resources and heighten risk management, similarly tightening banks’ trade financing capabilities.

article thumbnail

Two Ways to Get Real Change

Gonzobanker

The big challenges are culture and risk management. Boards and management teams everywhere struggle with this. Clear mission and risk appetite statements are a great start, but we’ve all seen statements saying “go” with actions that say “stop.” The 2008 meltdown thinned the herd of those who didn’t.

article thumbnail

Finovate, FinDEVr Alums Among Winners of 2016 Fintech Innovation Awards

Fintech Labs Insights

Of the 15 first place prizes awarded this month in the 2016 Fintech Innovation Awards , five went to Finovate/FinDEVr alums. Fintech Leader of the Year: Zopa Executive Chairman and Co-Founder, Giles Andrews – FinovateSpring 2008. Fintech Start-up of the Year: ClearScore. Innovation in Lending: Marketinvoice.

article thumbnail

Risks in the crowdfunding industry

BankNXT

Vaishali Naroola looks at the misunderstood risks associated with the crowdfunding sector in an attempt to avoid the mistakes that led to the global financial crisis in 2008. Risks in the crowdfunding industry on BankNXT.