PYMNTS

JUNE 25, 2018

Marry tech and talent, then risk management can pay dividends, notes an upcoming PYMNTS webinar. He noted that in the financial services realm, firms are already heavily regulated and they struggle with the looming threat of consequences, should shortcomings arise, when it comes to risk management.

Risk Management 167

Risk Management Strategy Management Compliance 167

Abrigo

AUGUST 2, 2017

15, 2018, at the earliest, bankers and their advisors have been researching requirements of the updated standard, determining what data will likely be needed and exploring possible methodologies for their calculations of the allowance for loan and lease losses (ALLL). Capital was selected as the answer by 39 percent of respondents.

Capital 150

Capital Survey Resources Community 150

PYMNTS

NOVEMBER 11, 2020

The State Administration for Market Regulation — China’s regulator — said on Tuesday (Nov. The decree from Chinese regulators followed the suspension of Ant’s initial public offering (IPO) in Shanghai and Hong Kong. 2), China’s central bank and regulators outlined new rules for digital micro-lending. Last Monday (Nov.

Regulation 207

Regulation Marketing Groups Lending 207

Gonzobanker

DECEMBER 20, 2018

GonzoBankers, 2018 has been a troublesome year. about the best and worst in banking for 2018 and get fired up to start again in ’19. Ladies and gentlemen, we bring you the 2018 GonzoBanker Awards ! Although all banks faced stock headwinds in 2018, we give the nod to William Demchak at PNC Financial Services.

Fintech 102

Fintech Conference Innovation Community 102

PYMNTS

JANUARY 25, 2021

In today’s top payments news around the world, India’s central bank wants stricter regulations for big shadow lenders, while global foreign direct investment (FDI) dropped last year and the pandemic will continue to impact it this year. The central bank of India wants more stringent regulations for large shadow lenders.

United States 217

United States Regulation Payments Lending 217

BankUnderground

APRIL 27, 2021

In doing so, repo markets support a wide range of investment and risk management activities for banks and other financial market participants such as pension funds. We use repo volumes data collected by the Prudential Regulation Authority on 17 banks in the gilt repo market and repo rates data from Bank of England’s Bankstats.

Marketing 106

Marketing Policies Regulation Analysis 106

PYMNTS

DECEMBER 27, 2018

However, an awful lot is in fact different at the dusk of 2018 than it was at the dawn. The year 2018 saw massive changes in where consumers shop, how they pay, and what goods and services they want in their carts. Yet, as 2018 was coming to a close, Facebook was hit with just a bit more bad news. The Facebook Follies.

Retail 123

Retail Online Cards United States 123

PYMNTS

FEBRUARY 10, 2020

Businesses managing cryptocurrencies have had a tough time maintaining relationships with legacy banks because of the perception that bitcoin-type transactions are connected to criminal behavior. regulators, including the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).

Fintech 205

Fintech cryptocurrency Bitcoin Regulation 205

PYMNTS

NOVEMBER 27, 2019

“We’ve been in the middle of a rollicking party that’s gone on for five years and someone has snapped on the light switch,’’ Chris Douvos of investment firm Ahoy Capital told the WSJ. “We venture capital investments soared to $138 billion in 2018 from $27 billion in 2009, the report said citing PitchBook.

Capital 161

Capital Meeting Regulation Report 161

PYMNTS

SEPTEMBER 4, 2020

Since January, the European Central Bank (ECB), which oversees the biggest European Union lenders, has eased regulations to encourage mergers and reduced the capital requirements for such transactions, the news service reported. The reason is not hard to understand. and Asian rivals.

New York 188

New York Regulation Customer Experience Report 188

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. based fund, and its U.K. investment vehicle Silverstripe. since its inception.

Digital Banking 142

Digital Banking Capital Regulation Lending 142

PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

Operations 150

Operations Capital Groups Apple 150

PYMNTS

NOVEMBER 19, 2019

Cryptocurrency risk management platform TRM Labs announced that it has raised $4.2 million in funding from Initialized Capital, Blockchain Capital, PayPal Ventures, and Y Combinator. This round brings TRM’s total amount raised to $5.9

cryptocurrency 103

cryptocurrency Risk Management blockchain Capital 103

PYMNTS

JANUARY 27, 2020

Other than online search, talks between the two groups will likely also focus on whether the Android operating system is another example of potential monopolistic control by Google , as well as the ideal allocation of investigatory labor among federal and state regulators. Thus far, U.S. As of last year, attorneys general from 48 U.S.

Google 130

Google Puerto Rico District of Columbia Meeting 130

PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

Capital 131

Capital Groups Apple Operations 131

Jeff For Banks

JANUARY 24, 2015

Prediction : The Federal Reserve''s Comprehensive Capital Analysis and Review (CCAR) and its complementary Dodd-Frank Act Stress Testing (DFAST) will meet its intended purpose, to better ensure financial institutions have sufficient capital during times of economic duress. In other words, what''s your well capitalized?

Capital 60

Capital Analysis Regulation Strategy 60

Gonzobanker

FEBRUARY 7, 2018

Imagine one big party of more than 1,000 larger bank acquirers, smaller bank potential sellers, salivating investment bankers, and pen-in-hand attorneys full of big grins and big plans for 2018. While no one attending AOBA imagined a major rollback in legislation, the real benefit is expected to come from changes in style by the regulators.

Taxes 75

Taxes Video Analytics Arkansas 75

PYMNTS

DECEMBER 20, 2018

Adoption of cryptocurrency by large fund managers is being hurt by the difficulty cryptocurrency exchanges and traders located in Asia are having trying to get insurance to protect against hacks and theft. Regulators have yet to develop policies over how digital tokens trading should work and who can engage in it, reported Reuters.

cryptocurrency 168

cryptocurrency Bitcoin Regulation Regional 168

PYMNTS

AUGUST 21, 2020

The move “will enable it to capitalize on the accelerating transition of millions of bank customers from branch-based activity to digital services during the COVID-19 pandemic,” the news outlet said. financial regulator Clive Adamson, the report said. Goldman Sachs, another Wall Street giant, launched its digital bank, Marcus, in 2018.

Report 173

Report Digital Banking Lending Technology 173

PYMNTS

APRIL 12, 2019

Dashlane , a password manager and identity management solution, announced it has raised $30 million in new funding, according to reports. For its part, Dashlane’s password management app has over 10 million users and is currently available in 11 languages and 180 countries.

Capital 122

Capital Management Trends Data 122

PYMNTS

JUNE 24, 2020

Zopa received those funds from a group linked to IAG Capital Partners, a U.S.-based Since COVID-19, non-bank lenders have been hurting as capital markets became less available and retail investors tried to withdraw their cash from the P2P sector, the Times reported. Capital One was one of the earlier disrupters,” Janardana said.

Security 215

Security Capital Cards Report 215

PYMNTS

OCTOBER 8, 2018

And Seoul Mayor Park Won-soon unveiled a $108-million plan to make the capital into a blockchain-enabled smart city, Coindesk reported. The initiative, which is known as the Blockchain Urban Plan for 2018–2022, was announced in a Zurich visit. telephone number management.” Obaid Saif al-Zaabi, who is the head of the U.A.E.’s

blockchain 176

blockchain Bitcoin Regulation Security 176

PYMNTS

JANUARY 6, 2019

In other news, Vaishali Mehta, who worked as a senior compliance manager at Coinbase, has left the company to become the head of compliance for TrustToken , which produces the TrueUSD stablecoin. And it is far from the only financial institution to find itself in trouble in 2018. In addition, Latvia’s financial regulator imposed a 1.2

blockchain 160

blockchain Bitcoin Compliance Regulation 160

CB Insights

DECEMBER 15, 2020

Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. Digitization will be crucial for wealth managers looking to capture or retain this generation of clients. In turn, this is driving revenue for big banks. .

Management 87

Management Fintech Industry Trends 87

PYMNTS

FEBRUARY 26, 2019

Patil told the victims that the KBC coin was worth $0.0056, but that it would rise to $1 by March of 2018. After he got the money, he apparently changed the name of KBC to AFC Mint coin, and the website he was running shut down in September of 2018.

cryptocurrency 165

cryptocurrency Fraud Maine Tools 165

PYMNTS

APRIL 13, 2020

percent in 2018, to 59.5 In this context, the Dutch Authority of Financial Markets has turned to embracing FinTech players in the market to support SMBs, with the regulator’s latest approval going to Finturi. percent in 2019. This problem is particularly acute for SMBs working with larger corporate customers, said Brouwer.

blockchain 155

blockchain Capital Regulation Fintech 155

PYMNTS

FEBRUARY 15, 2019

Bafin has widened the mandate of its special representative covering the bank, who was appointed in September of 2018. The watchdog is asking Deutsche Bank to review its group-wide processes in terms of managing correspondent banking, and to adjust them if necessary.

Policies 108

Policies United States Regulation Capital 108

PYMNTS

JANUARY 24, 2019

More approvals are coming in China for global banks looking for majority ownership in their local securities ventures, according to a top Chinese regulator. The regulator, for their part, can get a company “very swift” approval. It also handles China’s capital markets, an area where China wants more non-Chinese participation.

New York 156

New York Video Regulation Security 156

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. Still, less than half said they expect their local economies and the national economy to improve in 2018. billion in working capital is on the books for U.K.

Taxes 105

Taxes Survey Capital America 105

PYMNTS

MARCH 28, 2018

In hedge fund news, Morgan Creek acquired Full Tilt Capital LLC two months after that firm decided to dedicate a fund to crypto businesses, Bloomberg reported. The deal’s terms were not available, but Morgan Creek has $1 billion in assets under management (AUM). August Capital led the round, with other firms also participating.

Bitcoin 116

Bitcoin Company Massachusetts cryptocurrency 116

PYMNTS

MAY 28, 2018

Venture capital is for the firms and the individuals with the wherewithal to commit hundreds of millions of dollars. Conversely, there is always risk in those same investments, in terms of loss of capital. To that end, Andra Capital said late last month that it would launch a fund geared toward technology investments.

Capital 119

Capital blockchain Regulation cryptocurrency 119

PYMNTS

JUNE 21, 2019

Standard Chartered Private Equity was the main investor, and Affirma Capital also participated in the round. The amount of the raise wasn’t disclosed, but Dianrong was reportedly trying to raise $100 million so that it had enough to satisfy China’s capital requirement — $74.5 The company is known as the “lending club of China.”

Lending 100

Lending Capital Maine Groups 100

PYMNTS

MARCH 10, 2020

Just a bit more than four months into his tenure at the helm of Wells Fargo, new CEO Charlie Scharf faced pointed questioning from lawmakers on Capitol Hill about past scandals, the roadmap forward and whether the bank is too big to fail – or even manage.

North Carolina 130

North Carolina Kentucky Compliance Capital 130

PYMNTS

MARCH 5, 2018

On the upside, this year’s Best Picture presenters, Warren Beatty and Faye Dunaway, managed to make the most of their second chance and got the winner’s name right the first time around. In spring 2018, participating U.S. SoftBank Group led the round, along with participation from GIC, Wellcome Trust and Sequoia Capital.

Regulation 108

Regulation Data Regional America 108

Independent Banker

JULY 31, 2022

Locality Bank, a digital-first community bank serving south Florida that opened in January, is run by industry veterans with such successful track records that regulators signed off on their application for a charter in less than a year. from 2016 until its sale in 2018. Location: Fort Lauderdale, Fla. Built on a solid foundation.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

DECEMBER 2, 2019

The move, according to the publication, would subject the digital coin to “a set of extensive and well established regulations.”. Managed stablecoins, such as the proposed Libra, are clearly securities under existing law,” Garcia said in a statement last week. This legislation simply clarifies the statute to remove any ambiguity. “We

Rhode Island 108

Rhode Island United States Texas Washington 108

PYMNTS

JUNE 28, 2019

is an exciting and important development in Jaja’s journey and is part of our strategy to create partnerships that will help more people embrace a simpler way of managing credit.”. FinTech market had a strong showing last year, with venture capital and private equity investments hitting $3.3 And private equity investments in U.K.

Cards 100

Cards Charlotte Fintech Innovation 100