Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. annual list. We may not be good, but we’re persistent!

Idaho 148

Idaho Conference Data Marketing 148

BankUnderground

SEPTEMBER 14, 2023

Yuliya Baranova, Eleanor Holbrook, David MacDonald, William Rawstorne, Nicholas Vause and Georgia Waddington The functioning of major government bond and related repo markets has deteriorated on several occasions in recent years as trading demand has overwhelmed dealers’ intermediation capacity.

Marketing 99

Marketing Policies Capital Georgia 99

Abrigo

JULY 31, 2022

Takeaway 1 Comparing the OCC's latest Interest Rate Risk Report and the one from 2019 provides a valuable look at interest rate risk variables. . Takeaway 2 Financial institutions can use the statistics to gauge how aggressive or conservative regulators may view models. . Benchmark your institution. based on the comparison.

Report 195

Report Survey Comparison Regulation 195

Insights on Business

MARCH 12, 2019

review of the capital requirements for market risk regulations, namely the Fundamental Review of the Trading Book (FRTB). It becomes effective in 2022, but banks should now, more than ever, implement the proposed changes in order to meet the deadline for reporting their Pillar I capital under the new methodologies.

Capital 79

Capital Regulation Strategy Operations 79

PYMNTS

DECEMBER 11, 2020

The new funding round of €85 million was co-led by French private equity firm Eurazeo and Dawn Capital. Tech-friendly banking regulations in the U.K. Tink also plans to use the new funds to expand staff from its roster of 365 employees, up from 150 in 2019. 11), citing sources.

Fintech 216

Fintech Capital Data Regulation 216

PYMNTS

OCTOBER 12, 2020

regulators cracked down on the firm Oct. regulators not coming as a surprise. He said Qume’s goal, since forming early in 2019, was to build a regulatory-friendly, more decentralized experience for things like custody. The round was led by Blockchain Capital, Standard Crypto, Blockchain.com Ventures and more.

Bitcoin 261

Bitcoin Compliance Lending Regulation 261

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 The regulator said the data it received from Citigroup was not acceptable, and the way the bank handled the reporting processes was not effective.

Report 191

Report Capital Regulation Meeting 191

CB Insights

FEBRUARY 20, 2020

Social, political, and environmental pressures have made the LatAm market highly volatile. This has caused some investors to pull back in the region and challenged startups to raise funding from new investors, as illustrated further below by the number of unique investors and startups in the LatAm fintech market.

America 96

America Marketing Fintech Regional 96

BankUnderground

JANUARY 21, 2021

But how much competition in insurance markets is there? We find competition generally works well in UK life and non-life insurance markets, despite increases in life market concentration over the past 25 years. However, competition regulators have found practices in specific markets that harm consumers.

Marketing 104

Marketing Analysis Policies Regulation 104

PYMNTS

JULY 8, 2019

As the regulator said at a Lisbon conference, “The optimal size of the banking sector is hard to gauge, but it seems clear, though, that the European banking sector is still too large. That fine comes in the wake of five breaches spanning 2014 to 2019, and also touches on the bank’s failure to report capital positions.

System 108

System Regulation Capital Report 108

PYMNTS

JANUARY 9, 2020

China’s peer-to-peer (P2P) lending market is headed for more turbulence in 2020 as more of its popular platforms face potentially being shut down as the government tightens regulatory reins. Gansu, Hebei, Hunan, Chongqing and Sichuan were among Chinese provinces ordering a total shutdown of P2P lending in 2019. billion yuan (US$70.4

Lending 131

Lending Regulation Capital Industry 131

PYMNTS

OCTOBER 22, 2020

Ant Group has won the nod from China's top security regulators for its Shanghai offering, the last hurdle to clear for the $35 billion dual listing, Reuters reports. In September , Shanghai regulators approved the listing. The Hong Kong sale is being managed China International Capital Corp. , Citigroup , J.P. billion yuan.

Groups 175

Groups Capital Regulation Fintech 175

PYMNTS

NOVEMBER 10, 2020

The new license from Ireland’s financial services regulator will enable SumUp to offer its services across 26 European countries. SumUp’s Dublin office is poised for growth and will become the central regulated location for the firm’s business across the EU. The FinTech also has eCurrency licenses in Lithuania and the U.K.

Fintech 245

Fintech Regulation Cards Google 245

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. million in the same 2019 period. “We

Marketing 198

Marketing Company Online Management 198

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 The regulator said the data it received from Citigroup was not acceptable, and the way the bank handled the reporting processes was not effective.

Capital 136

Capital Regulation Meeting Resources 136

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

JANUARY 30, 2020

Self-driving vehicle company Aurora has been approved by California regulators to allow passengers rides in its fleet of driverless vehicles, according to reports. Aurora raised more than $530 million in February 2019, raising its valuation to more than $2.5 620 million has been financed to date, with Sequoia Capital, Amazon, and T.

California 261

California Operations San Francisco Google 261

CFPB Monitor

JANUARY 24, 2020

On December 18, 2019, the New York Department of Financial Services (DFS) issued its Final Regulations detailing the business conduct rules for mortgage loan servicers. These regulations will require implementation of additional New York-specific communications and servicing procedures. Effective Date. Escrow Accounts (§ 419.2).

New York 78

New York Regulation Payments Compliance 78

Abrigo

FEBRUARY 12, 2020

Despite expectations for growth, bankers, regulators, investors, and others are watchful about potentially lower returns and credit risks ahead. And regulators have urged financial institutions to prepare for an eventual cyclical change while credit performance remains strong – and to do so as they originate new loans and in credit reviews.

Lending 195

Lending Trends FDIC Survey 195

PYMNTS

JANUARY 27, 2020

The probe is centered on whether Google’s monopoly of the online search world – and the ensuing advertising revenue it commands – represent an illegal form of market control. tech firm to reach $1 trillion market value, joining Apple, Amazon and Microsoft in the trillion-dollar valuation club. Thus far, U.S.

Google 130

Google Puerto Rico District of Columbia Meeting 130

PYMNTS

MARCH 11, 2020

The move comes as Pepsi and Coca-Cola have both been moving into the energy drinks market, CNBC reported. The arrangement is forecasted to close in the first half of this year, as long as regulators give it the green light. billion in sales in 2019. Energy drinks comprise 92 percent of the total energy market. rose by 29.8

America 130

America Study Marketing Capital 130

PYMNTS

SEPTEMBER 2, 2020

The Montreal-based payment technology company was valued at $2 billion at the close of 2019. and RBC Capital Markets. Last month, Bloomberg News reported if Nuvei’s application to go public gets the green light from regulators, it could be the largest Canadian technology IPO of 2020. Nuvei Corp.

Payments 229

Payments Fintech Security Technology 229

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 4008 – Debt Guaranty Authority.

Regulation 122

Regulation United States Community Bank National 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

JUNE 12, 2019

Meeker is a longtime internet and digital economy expert who now works for Bond Capital, a venture firm. When markets reach mainstream, new growth is harder to find, as evinced by declining new smartphone shipments in 2018,” her report stated. This year’s 333-slide report found that some 3.8

Report 119

Report Technology Payments Data 119

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. In other news, regulators in the European Union are looking at initial coin offerings (ICOs) to determine if they need to be regulated, Reuters reported. telephone number management.”

blockchain 176

blockchain Bitcoin Regulation Security 176

FICO

JANUARY 25, 2019

The additional costs and complexity for lenders when managing regulations governing mortgages. Synthesising insights from a large number of sources allows the pricing teams to quickly tweak their strategy to market trends, continue to meet internal KPIs and deliver the right price to the right customer, at the right time.

Analytics 74

Analytics Lending Strategy Regulation 74

PYMNTS

DECEMBER 23, 2018

In addition, he will work with investors, clients and regulators on the company’s Security Token Offering, advisory services business and its partnership with BOX Digital Markets to launch the first SEC-regulated exchange for trading security tokens.

Bitcoin 164

Bitcoin Compliance Regulation Security 164

PYMNTS

APRIL 13, 2020

percent in 2019. 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 2018, to 59.5

blockchain 155

blockchain Capital Regulation Fintech 155

PYMNTS

NOVEMBER 5, 2020

pension fund, can sue over Cook's 2018 comment that while the iPhone was facing sales pressure in some markets, China was not among them. Reuters writes that Apple told suppliers to curb production after those remarks, and the company cut its revenue forecast for the quarter in January 2019 by $9 billion. 1 to $1.862 trillion by Oct.

Apple 145

Apple California Regional Report 145

FICO

DECEMBER 18, 2018

Here’s my advice for 2019 in a nutshell: With IFRS 9 impacts and €780 billion of NPL in Europe alone, stop reading about AI and start thinking about optimization. Accounting Rules & Regulation Overload. You don’t have to be Nostradamus to predict that regulation will continue to drive change in the collections industry.

Analytics 45

Analytics Regulation Regional Marketing 45

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

MARCH 1, 2019

28), Basware said it has “terminated discussions with Tradeshift Holdings,” adding that Tradeshift cited “conditions in the capital markets” that led the company to end efforts to acquire Basware. In an announcement on Thursday (Feb. As a result, the companies have entered into a standstill agreement until Nov.

Leadership 139

Leadership Capital Regulation Payments 139

PYMNTS

DECEMBER 14, 2018

Boerse Stuttgart Group , Germany’s second-largest stock exchange, has announced the launch of its own cryptocurrency trading platform in the first half of 2019. “Only time will tell if blockchain will be a long-standing trend in the job market.”

blockchain 155

blockchain Bitcoin Report San Francisco 155

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Included in that movement toward tech in capital markets, he said that could include blockchain and artificial intelligence (AI).

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

JANUARY 16, 2020

“Mobility is one of the areas where Europe will really benefit from a local champion who shares the values of European consumers and regulators,” Villig said. The startup reached unicorn status when it was valued at over $1 billion in a 2019 funding round. The ridesharing firm is still operating there while it appeals the decision.

Regulation 130

Regulation Capital Examples Innovation 130

Bussman Advisory

DECEMBER 18, 2018

With 2019 right around the corner, the time has come to reflect on the events of 2018, but more importantly, to consider what the next year holds. With a groaning bear market dampening the crypto hype, it is easy to forget that blockchain technology continues to hold much promise. This blog post first appeared in Forbes.

blockchain 45

blockchain Trends Security Marketing 45