PYMNTS

MAY 24, 2019

Baoshang Bank, based in Inner Mongolia, will be taken over by China’s banking and insurance regulator over critical credit risks, according to a report by Reuters. The takeover highlights the troubles that smaller banks in China face, like poor capital buffers, inadequate internal controls, asset quality deterioration and others.

Regulation 158

Regulation Lending Guidelines Maine 158

Abrigo

MARCH 6, 2016

Fifty-one percent of bankers and board members surveyed in the 2016 Bank M&A Survey by Bank Director and Crowe Horwath LLP reported their banks intend to make a purchase in the next 12 months. Nearly half (47 percent) cited capital constraints, and 41 percent said banks don’t want to sell.

Capital 150

Capital Survey Meeting Resources 150

PYMNTS

DECEMBER 28, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Capitulation . The year 2016 was the year of capitulation by FinTechs to the traditional banking industry. Regulation.

Payments 128

Payments eBook Fintech Regulation 128

Abrigo

AUGUST 2, 2017

Based on Sageworks’ surveys, financial institutions expect the largest impact under CECL will be related to capital and changes in reserve levels. Capital was selected as the answer by 39 percent of respondents. Regulators plan to monitor changes to institutions’ regulatory capital as the new credit loss methodology is adopted.

Capital 150

Capital Survey Resources Community 150

PYMNTS

MAY 3, 2016

The latest findings from Capital One’s Spark Business Barometer found a significant decline in small business optimism this year compared to their sentiments this time last year, reports said on Monday (May 2). Capital One did uncover good news, however. The economy may be in recovery, but small businesses in the U.S.

Capital 100

Capital social media Leadership Millennials 100

PYMNTS

AUGUST 4, 2017

Financial analysts are fairly optimistic about Europe , but the latest Europe Working Capital Survey released by REL Consultancy, part of the Hackett Group, found the EU’s top 1,000 nonfinancial companies saw their cash conversion cycles slip as they hold onto more net working capital. percent in 2016, according to the report.

Capital 102

Capital Washington Survey Regulation 102

Bank Innovation

FEBRUARY 16, 2016

2015, CEO Francisco Gonzalez said, “Some bankers and analysts think that Google, Facebook, Amazon or the like will not fully enter a highly regulated, low-margin business such as banking. BBVA has a lot more going on than Simple, cool as that acquisition was. I disagree. What is more, Read More.

Branding 170

Branding Google Regulation Capital 170

PYMNTS

OCTOBER 1, 2018

in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender in 2016. I apologize to our customers for the inconvenience caused in 2016.”. Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m What’s more, it said customers faced disruptions in normal service.

Fraud 134

Fraud Security Resources Operations 134

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 81

Regulation Analysis Capital System 81

PYMNTS

JULY 22, 2016

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., million in B2B venture capital was divided among alt-finance, supplier payments and Big Data services startups this past week. million for alt-lenders this week. Alternative Lending.

Lending 100

Lending Regulation Big Data Risk Management 100

PYMNTS

JANUARY 9, 2020

The increased regulatory and capital requirements for China’s P2P lenders should continue to put pressure on the sustainability of business models across the sector in 2020, leading to further industry contraction,” said Katie Chen, director for non bank financial institutions at Fitch Ratings, told the South China Morning Post Tuessday (Jan.

Lending 131

Lending Regulation Capital Industry 131

Abrigo

FEBRUARY 11, 2022

Earlier this month, the FASB considered and rejected further deferral of the CECL standard, initially issued in 2016 in response to the 2008 global financial crisis. 2 FASB meeting were the complexity of some aspects of CECL, “onerous data collection” requirements, and capital implications. CECL Regulation. CECL Regulation.

Resources 195

Resources Regulation Community Bank Community 195

PYMNTS

FEBRUARY 10, 2017

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. The city was ranked as a strong innovator by the latest edition of the Regional Innovation Scoreboard (RIS 2016). The region is also home to an active and fast-growing startup scene.

Capital 100

Capital Regional Innovation Fintech 100

PYMNTS

JUNE 10, 2019

The FSB announced Friday the findings of its analysis of Basel III regulations on the small business lending space. Some regulators aimed to mitigate that impact. As such, the FSB said it does not expect to introduce any new industry regulations.

Lending 100

Lending Capital Regulation Survey 100

PYMNTS

DECEMBER 1, 2019

A source told the Financial Times that Zopa will receive the funds from an entity linked to IAG Capital Partners, a U.S.-based It was given a year to raise regulatory capital, and prove it was financially strong enough to become a bank. The news comes days before its conditional banking license is set to expire on Tuesday (Dec.

Digital Banking 142

Digital Banking Capital Regulation Lending 142

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Store Front Business Index: Main Street USA, A-OK? Financial Inclusion.

Trends 100

Trends Retail Fraud Mobile 100

Bobsguide

MAY 3, 2016

With ILS (insurance-linked securities) heading into the London market, every effort is being made to push the corporation tax legislation through in 2016. So, what is this ILS regulation and what makes. UK companies will then be able to make the most of the business opportunities on offer.

Marketing 60

Marketing Capital Taxes Regulation 60

PYMNTS

MARCH 6, 2017

China’s Forex regulator wants the nation to open up its domestic market, reports said Friday (Mar. An article in a publication owned by the regulator called for a more open, competitive domestic foreign exchange (FX) market that enables a flexible FX rate mechanism to mitigate against cross-border capital fluctuation, according to reports.

Marketing 100

Marketing Regulation Capital Compliance 100

PYMNTS

MARCH 1, 2020

Accolade capitalizes on machine learning, artificial intelligence (AI) and mobile apps to enable members to easily traverse their health care benefits. Investors include Andreessen Horowitz, Carrick Capital Partners, Madrona Venture Group and McKesson Ventures, among others. . Washington state could become a leader in AI regulation.

Mobile 165

Mobile Philadelphia Seattle Washington 165

Celent Banking

OCTOBER 17, 2016

Looking beyond mere compliance, both providers and banks are developing value-added services to capitalize on the significant disruption arising from opening traditional banking capabilities to third-parties.

blockchain 100

blockchain Conference Compliance Technology 100

PYMNTS

JUNE 1, 2016

Turkey’s 2016 tourism revenue is expected to be down by more than $11 billion, and some are calling it “the lost year of tourism” for the country. Tourism is said to have accounted for 12 percent of Turkey’s GDP in 2014 and its 37 million tourists that year made it second only to Italy as a favorite global tourist destination.

Regulation 100

Regulation Operations Survey Mobile 100

CFPB Monitor

SEPTEMBER 16, 2019

In less than a year, pre-dispute arbitration agreements will be clearly permissible again now that the Department of Education has finalized its proposal to rescind the Obama administration’s “Borrower Defense” rule issued in November 2016 and replace it with “Institutional Accountability Regulations.”

Regulation 60

Regulation Examples California Payments 60

PYMNTS

JUNE 24, 2020

Zopa received those funds from a group linked to IAG Capital Partners, a U.S.-based million) from new and existing investors in two funding rounds since applying for the banking license in 2016, and it added several former banking executives to create a board. Capital One was one of the earlier disrupters,” Janardana said.

Security 215

Security Capital Cards Report 215

American Banker

OCTOBER 16, 2020

Kashkari, who oversaw the 2008 bank bailouts as a then-Treasury official, has been outspoken in favor of higher capital requirements since he took over at the Minneapolis Fed in 2016.

Minneapolis 34

Minneapolis Regulation Capital 34

PYMNTS

JUNE 17, 2019

However, reports noted that the companies ultimately decided against pursuing a national charter, fearing that doing so might jeopardize their relationships with state-level regulators, particularly in the context of state lawsuits filed against the OCC over its authority to create such a national-level bank charter.

Google 142

Google National Fintech Regulation 142

PYMNTS

OCTOBER 31, 2019

Regulators must approve it as well. The bank has had a tumultuous 2019, facing increased attention from regulators as well as scrutiny from investors, who are concerned about bad loans , lack of lender regulation and availability of capital. The deal is still awaiting approval by the bank’s shareholders and the board.

Regulation 100

Regulation Taxes Maine Capital 100

PYMNTS

OCTOBER 6, 2020

FinTech across the Middle East is also set to grow at a compounded annual growth rate of 30 percent, and expected to raise over $2 billion in venture capital funding by 2020.". The new risks and heavier use of remittance systems have also led to rapid changes in regulations.

Fintech 174

Fintech Regional Fraud Meeting 174

CFPB Monitor

MARCH 30, 2020

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes the following key provisions that affect financial institutions and regulation of financial institutions: Section 4003 – Emergency Relief and Taxpayer Provisions. Section 4013 – Temporary Relief For Troubled Debt Restructurings.

Regulation 122

Regulation United States Community Bank National 122

PYMNTS

AUGUST 14, 2020

India’s pharmaceutical industry is expected to reach $55 billion by the end of 2020, up from $28 billion in 2016, according to a report by the Indian Brand Equity Foundation, a nonprofit trust established by the Indian government to promote the Made in India label. In June, PYMNTS reported India’s West Bengal State Beverages Corp.,

Online 194

Online Report Meeting Marketing 194

PYMNTS

APRIL 10, 2019

Wells Fargo , the embattled national bank that is still reeling from a 2016 fake account scandal, is having a hard time recovering and rebuilding its reputation, leaning on cost cuts amid declines in revenue. The company has transformed significantly” since 2016.

National 144

National Capital Regulation Report 144

PYMNTS

MARCH 11, 2020

The arrangement is forecasted to close in the first half of this year, as long as regulators give it the green light. The country’s snack market is said to be very profitable, seeing a 400 percent increase between 2006 and 2016, per a 2019 study from China’s Ministry of Commerce.

America 130

America Study Marketing Capital 130

PYMNTS

DECEMBER 6, 2016

dollar in 2016, reports said. Separate reports by Forbes said this year’s capital outflow will likely hit levels seen last year thanks to both legal and “surreptitious” outbound transfers. That could lead to a new surge in capital outflow, some analysts said. As the yuan’s slip in value against the U.S.

Capital 100

Capital Regulation Report Trends 100

PYMNTS

NOVEMBER 13, 2017

Luckily, research from Bank of America, Wells Fargo, Capital One and others often point to one thing: Despite the challenges, small businesses are optimistic. Bank of America also found in a fall 2017 survey that nearly three-quarters of SMBs expect their 2017 year-end revenues to beat 2016’s figures. Eighty-one percent of U.S.

Taxes 105

Taxes Survey Capital America 105

Accenture

FEBRUARY 28, 2017

Contactless card transactions in the UK will rise to between 6bn – 9bn txns in 2017, and 20bn – 30bn txns across Europe (compared to my forecasts a year ago of 3bn txns for UK and 9bn txns for Europe for 2016). Faster Payments will process 1.65bn txns, 15% higher than 2016 (1.4bn txns). Use of Apple Pay, Samsung Pay etc.

Payments 150

Payments Bitcoin Samsung Fraud 150

Accenture

FEBRUARY 28, 2017

Contactless card transactions in the UK will rise to between 6bn – 9bn txns in 2017, and 20bn – 30bn txns across Europe (compared to my forecasts a year ago of 3bn txns for UK and 9bn txns for Europe for 2016). Faster Payments will process 1.65bn txns, 15% higher than 2016 (1.4bn txns). Use of Apple Pay, Samsung Pay etc.

Payments 150

Payments Bitcoin Samsung Fraud 150

PYMNTS

DECEMBER 30, 2019

30) said a lack of regulation in the online SMB lending arena is raising concerns over sky-high fees and interest rates, sparking a bigger conversation about expanding borrower protections beyond consumers. On Deck Capital is a rare exception, with the publicly-traded firm charging between 9 and 98.3

Lending 131

Lending Online California New York 131

Chris Skinner

FEBRUARY 8, 2017

Innovate Finance, which represents 300 UK fintech companies, says venture capital investment fell from $1.2bn (£970m) in 2015, to $783m last year. Around 35 Innovate Finance members have reported a withdrawal or reduction in capital funding since the referendum, says Mr Wintermeyer.

Fintech 150

Fintech Capital Innovation US 150