BankUnderground

NOVEMBER 8, 2023

As we find that these welfare differences are primarily driven by distortions in financial markets, we argue that countercyclical macroprudential regulation , even without any green-biased component, can effectively align the welfare performance of these policies and mitigate their short-run costs.

Policies 64

Policies Regulation Taxes Compliance 64

PYMNTS

NOVEMBER 26, 2019

The Prudential Regulation Authority (PRA), the supervisory arm of the Bank of England (BoE), has fined Citigroup a record-breaking $56.3 million for not completing accurate returns between 2014 and 2018, according to a report by Reuters.

Capital 136

Capital Regulation Meeting Resources 136

Bobsguide

APRIL 7, 2022

London (5 April 2022): TS Imagine , the leader in trading, portfolio and risk management solutions for capital markets, today announces that it has successfully integrated with crypto platform Gemini. Gemini was founded in 2014 by twin brothers Cameron and Tyler Winklevoss.

Bitcoin 147

Bitcoin cryptocurrency Risk Management Capital 147

BankUnderground

DECEMBER 8, 2021

Reforms following the 2008 financial crisis have led to significant increases in banks’ capital requirements. Profitability determines the opportunity cost of shrinking assets, and underpins the ability to generate capital. A large literature since then has focused on understanding how banks respond to these changes.

Regulation 86

Regulation Analysis Capital System 86

PYMNTS

SEPTEMBER 30, 2020

It would instead offer payment companies a national servicing platform to replace the regime of state regulations such firms would be subject to under existing laws. Commercial companies accessing a payments charter would avoid oversight and regulations that protect the financial system and consumers,” the bank industry leaders wrote.

Regulation 349

Regulation National System Industry 349

PYMNTS

NOVEMBER 23, 2017

On the face of it, China’s announcement that it would open its financial markets to increased ownership by foreign companies seems a sea change. Or to put it another way, with valuations stretched across bourses and asset classes outside China, wouldn’t it follow that there would be a rush into this new open market?

Marketing 128

Marketing Lending Security Operations 128

BankUnderground

FEBRUARY 5, 2021

Emerging markets (EMs) have become more exposed to the global financial cycle in recent years. In a recent paper , we propose the use of money market rates to measure transmission of global funding shocks to EMs. Money markets have been shown to play an important role in transmission of global funding conditions.

Marketing 101

Marketing Policies Study Tools 101

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., MCI Capital, based in Poland, led the financing via its MCI.TechVentures Fund, according to reports.

Lending 100

Lending Regulation Big Data Risk Management 100

PYMNTS

JUNE 1, 2016

Research and Markets reports that Turkey’s eCommerce market is the second largest in Eastern Europe and among its fastest growing. According to a PayPal survey conducted in 2014, 53 percent of smartphone users made purchases using their mobile devices. PayPal applied and was rejected.

Regulation 100

Regulation Operations Survey Mobile 100

Jeff For Banks

AUGUST 2, 2014

My firm will occasionally provide feedback on correspondence to our clients'' regulators. I thought about what we should have said to the regulator, versus the sweet words I was encouraging our client to use. Below is a sample letter to your regulator, saying it like you mean it. So, no, we are not re-doing our capital plan.

Regulation 92

Regulation DC FDIC Analytics 92

PYMNTS

NOVEMBER 18, 2018

Visa , American Express and Mastercard are among the payment companies that are the subject of an inquiry by Brazilian regulators. Bloomberg reported that Visa said it was cooperating with the Brazilian regulators that launched the inquiry in October.

Regulation 173

Regulation Payments Meeting Strategy 173

PYMNTS

JUNE 21, 2018

Sources say Robinhood Markets is in talks with regulators about offering banking services to its more than 4 million users. billion in a new round of funding, with investors including Sequoia Capital , Kleiner Perkins Caufield & Byers , Iconiq Capital and Alphabet Inc.’s In May, the company received a valuation of $5.6

Regulation 123

Regulation Millennials California Capital 123

Abrigo

OCTOBER 7, 2014

In a recent survey conducted in partnership by the Federal Reserve and the Conference of State Bank Supervisors ( CSBS ), over 1,000 community bankers weighed in on a range of hot button issues facing their organizations in 2014. As such, capital and strategic planning will play a pivotal role in staying ahead of the curve.

Trends 232

Trends Capital Community Industry 232

Independent Banker

SEPTEMBER 25, 2014

The better prepared, the less likely they are to run afoul of the continually shifting regulations. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. Be aware of existing or emerging risk concerns. David Baris, regulatory consultant.

Compliance 101

Compliance Regulation Community Bank Community 101

PYMNTS

JULY 20, 2018

at the close of trading on Thursday (July 19), the company had a market value of nearly $2 billion. “It It is a big deal for the cannabis industry’s expansion plans,” said Matthew Kennedy, an IPO market strategist at Renaissance Capital, which runs exchange trade funds that buy newly listed shares. The IPO raised $153 million.

Company 144

Company Capital Taxes Industry 144

BankUnderground

JULY 6, 2022

Since 2009, contingent convertible (CoCo) bonds have become a popular instrument European banks use to partially meet their capital requirements. When LAM is triggered, the bonds convert to equity capital or have their principal written down, providing more loss-absorbing capacity while a bank is still a going concern.

Capital 81

Capital Analysis Policies Management 81

Abrigo

JANUARY 5, 2015

Institutions nationwide saw improvements in credit quality and higher loan growth in 2014. As they look to continue the positive trend, we are likely to see increased activity in the mergers and acquisitions (M&A) market. With that said, 70 percent do say selling would be considered if they received an attractive offer.

Survey 150

Survey Capital Marketing Maine 150

PYMNTS

SEPTEMBER 28, 2017

According to reports from CNBC, the market is reacting favorably to the news that Overstock’s subsidiary tZero is joining the business of trading digital coins. percent leap takes its stock price to its highest point since January 2014, moving its annual increase to 65 percent on the whole. Their process has been thorough.

cryptocurrency 101

cryptocurrency Regulation System Washington 101

PYMNTS

SEPTEMBER 4, 2018

According to the Financial Times , complaints against Wonga’s lending practices, logged with regulators, were up 80 percent since that emergency injection. That was the same year that the regulator officially moved to cap payday loan interest rates and ban rollover loans. for that loan. It was required to pay £2.6

Lending 100

Lending Regulation Capital Report 100

PYMNTS

JUNE 18, 2018

The agency said in the press release that it completed a comprehensive review of Square’s application – including its anti-money laundering, anti-fraud, capitalization, consumer protection and cybersecurity policies – before granting the license. Back in 2014, he helped enable merchants to accept bitcoin as a payment method.

New York 127

New York Bitcoin Policies Fraud 127

PYMNTS

JULY 29, 2020

Both companies’ boards have unanimously given the deal the green light, although the tie-up remains subject to approval from antitrust regulators and OnDeck shareholders. The deal comes some three months after activist investor Voce Capital urged shareholders to dump three members of the company’s board. Second-Quarter Earnings .

Online 165

Online Fintech Report Strategy 165

PYMNTS

JUNE 14, 2018

Tight regulations around the legal marijuana industry are barring non-wealthy entrepreneurs from entering the market, according to reports from Forbes on Wednesday (June 13). Wall Street executives are behind Columbia Care, for instance, while Captor Capital and resource entrepreneur John Zorbas have backed MedMen.

Massachusetts 108

Massachusetts Industry Resources Operations 108

PYMNTS

OCTOBER 1, 2019

Five years after the worst of the carnage in the data out of the Federal Deposit Insurance Corporation (FDIC) showed that lending was beginning to normalize — lending to big businesses had recovered, consumer lending was showing signs of thawing as the mortgage markets began showing signs of coming back from the dead.

Data 135

Data Lending Capital Regulation 135

BankUnderground

APRIL 12, 2022

In a recent paper , we show that some investors in the ‘FX option market’ are indeed able to accurately forecast exchange rate returns, particularly in periods with strong demand for the US dollar. These informed trades primarily take place on days with macroeconomic announcements and in options with higher embedded leverage.

Marketing 134

Marketing US Maine Analysis 134

Jeff For Banks

FEBRUARY 3, 2017

His election has already brought change to the financial markets, sending stocks rising 6%, as measured on the S&P 500 index, and sending interest rates to their highest levels in years. Clearly, the markets expect change. The markets must think that GDP growth will soar on January 21 st. Maybe change will be coming.

Marketing 60

Marketing Taxes Regulation US 60

BankUnderground

MAY 25, 2022

This allows them to build capital stock faster than relying solely on cash buffers, earnings or equity finance. Differences in fixed asset growth across firms with different leverage ratios during the crisis itself amplified subsequently, resulting in large gaps in firms’ capital stocks by the end of the period in 2014.

Capital 79

Capital Policies Tools Regulation 79

PYMNTS

SEPTEMBER 28, 2016

Just look at the near-immediate struggle faced by Lending Club and OnDeck after their IPOs in 2014, or more recently, the knock-on effect Lending Club’s less-than-noble lending practices have had on investor confidence in other marketplace lenders. as well as the threat of regulation.

Lending 100

Lending Regulation Capital Industry 100

PYMNTS

MARCH 29, 2016

The European Union is in the midst of several upgrades and overhauls within its financial sector, including ongoing efforts to improve access to working capital for the region’s small and medium-sized businesses. First, EBA declared, continual monitoring of the SME SF and its impact on the market will be key.

Lending 100

Lending Capital Report Regulation 100

PYMNTS

MARCH 31, 2017

For a second time, it was the lack of oversight, regulation and the potential for fraud in the broader bitcoin space that worked against the proposed ETF. Still, the SEC’s repeated calls for regulation and oversight are sobering given other developments brewing in the bitcoin space. The estimated market cap is at just over $16.6

Bitcoin 100

Bitcoin blockchain Capital Regulation 100

PYMNTS

JANUARY 25, 2018

regulators say that a Nevada company and two involved individuals allegedly defrauded more than $6 million from customers seeking to buy a virtual currency called My Big Coin, Reuters reported. Cboe Global Markets Inc. In possibly the latest crime involving cryptocurrency, U.S. Should 50 Cent change his name to … 50 bitcoin?

Bitcoin 120

Bitcoin cryptocurrency Nevada New York 120

PYMNTS

AUGUST 2, 2017

Japanese tech startup and messaging app maker Line announced on Tuesday (August 1) that it is rolling out a taxi-booking service in Thailand’s capital of Bangkok. The country, noted TechCrunch, is one of the Southeast Asian company’s biggest markets, making Thailand the perfect place to launch a taxi-booking app.

Video 100

Video Mobile Compliance Capital 100

PYMNTS

OCTOBER 10, 2017

Digitization of B2B payments is on the rise, but the trend is challenged by discrepancies across geographic markets, according to the latest World Payments Report by Capgemini and BNP Paribas. percent between 2014 and 2014 representing the highest growth in a decade, researchers said. The 2017 report , released Monday (Oct.

Payments 124

Payments Regional America Trends 124

Abrigo

OCTOBER 29, 2014

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. The OCC on Oct. The OCC on Oct.

Rhode Island 238

Rhode Island District of Columbia West Virginia New Jersey 238

Independent Banker

FEBRUARY 24, 2016

Regulators warn once again about rising CRE concentrations and risks. Risk-management practices “that cause concern,” the regulators wrote, include “a greater number of underwriting policy exceptions and insufficient monitoring of market conditions.”. We get a lot of attention” from regulators, he says.

Community Bank 70

Community Bank Lending Community Regulation 70

PYMNTS

AUGUST 24, 2016

In 2014, ID Experts reported $22.8 The new owners of ID Experts are Peloton Equity and Trident Capital. The private equity funding, which, according to Oregon Live , will “cash out some of its current owners while injecting more capital into the business,” came at the same time as a new spinoff from ID Experts emerged called Radar.

Portland 100

Portland Oregon DC Capital 100

PYMNTS

MARCH 1, 2016

Overall, 2015 venture capital investment levels dipped compared to 2014, though only slightly compared to the fraction of investment seen just three and four years ago. Corporate Venture Capital. It amounted to about $12.5 billion invested in the space in total, researchers said, again with the U.S. Global Breakdown.

Fintech 100

Fintech Lending Capital Innovation 100

PYMNTS

MARCH 31, 2016

But as Chinese regulators look to tackle corporate debt on the bank-lending side of the market, the latest reports also highlight how the country is looking to approach the issue from the alternative lending sector as well. It may mean more access to capital for corporates, but that also means rising debts. Nonbank Lending.

Lending 100

Lending Online Regulation Guidelines 100