American Banker

NOVEMBER 14, 2023

The agreement includes funds for small-business lending and mortgages for low- and moderate-income borrowers in California and Massachusetts. billion plan that Silicon Valley Bank inked before it failed in March. It puts an end to questions about the fate of an $11.2

Massachusetts 91

Massachusetts Community California Lending 91

Banking Exchange

DECEMBER 12, 2022

Plus: Changes afoot at Silicon Valley Bank, New York Fed, BOK Financial and Western Alliance Management Feature Human Resources Lines of Business Feature3 CSuite.

New York 78

New York Resources Management 78

Bank Innovation

MARCH 23, 2018

NatWest Bank, the fully-owned subsidiary of RBS, today has rolled out its mobile app that allows its business clients to monitor card transactions in real-time. The app is ClearSpend app and was created in partnership with Silicon Valley fintech, SpendLabs.

Cards 218

Cards Mobile Fintech Innovation 218

Perficient

JULY 10, 2023

The trust placed in financial services organizations by clients, investors, and stakeholders is not only a reflection of reliability but also a significant driver of business success. Recent bank crises plead the case for risk management preparedness.

social media 170

social media Risk Management Analysis Industry 170

South State Correspondent

APRIL 23, 2023

The root cause of Silicon Valley Bank’s (SVB) failure is poor risk management – plain and simple. Bankers need to understand and manage their business on the fair value of assets and liabilities instead of managing their business on net interest margin and the amortized historical cost of assets and liabilities.

Management 195

Management Security Risk Management social media 195

American Banker

JULY 11, 2023

JPMorgan Chase hired Silicon Valley Bank veteran John China to co-lead the business of banking venture capitalists and startups, part of the firm's growth strategy for the sector.

Strategy 66

Strategy 66

BankInovation

MARCH 13, 2023

The collapse of Silicon Valley Bank is having a trickle-down effect on fintechs and banks within the financial services industry, but Cross River Bank is not one— in fact, the bank is swooping in to capture business amid the fall of its competitors. based bank was selected by […]

Examples 52

Examples Fintech Industry 52

TheGuardian

MARCH 15, 2023

Demise of Silicon Valley Bank has rattled not just businesses and investors but the ecosystem that grew up around it Startup founders, venture capitalists and aspirational entrepreneurs descended on Austin on Friday for the annual South by Southwest conference as they do every year.

Industry 73

Industry Austin Texas Conference 73

American Banker

MARCH 14, 2023

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Payments 53

Payments 53

TheGuardian

MARCH 28, 2023

Asked if he could have anticipated the collapse of the Silicon Valley Bank, the Bank of England governor said it was probably the fastest collapse of a bank he had seen in his three-decade long career. 'It

Video 49

Video 49

PYMNTS

DECEMBER 18, 2020

PayPal is extending additional support to Black-owned businesses by way of a $5 million grant that builds on the $10 million PayPal Empowerment Grant program launched in June. . He added that the COVID-19 pandemic decimated Black-owned businesses, and that PayPal aims to help “increase their opportunity to survive and thrive.”.

Community 286

Community Study Capital Company 286

Perficient

MARCH 27, 2023

” While the recent bank failures of Silicon Valley Bank and Signature Bank have many US congressmen and citizens wondering about the future of cryptocurrencies, across the pond, the Bank of England is soliciting input into the possibilities of issuing a digital pound.

US 294

US Management Innovation Technology 294

BankInovation

JUNE 6, 2023

Fraudsters found new opportunities in business email compromise scams as bank clients moved assets following the collapse of Silicon Valley Bank in March — that’s when tech providers stepped in.

Fraud 52

Fraud Software Fintech Security 52

PYMNTS

MAY 3, 2020

At least for the short term, gone are the days where it is a founder’s world,” Rachel Proffitt, a partner at the Silicon Valley-based law firm Cooley, told FT in a Friday (May 1) report. research by Silicon Valley Bank indicated, according to FT. Amid the pandemic, nearly all have been in a battle for survival.

San Francisco 159

San Francisco Capital Survey Software 159

PYMNTS

DECEMBER 22, 2020

The release stated the new service enhances the company's offerings to allow businesses to pay their bills in one place with linked bank accounts or credit or debit cards to optimize cash flow management. Bank and Silicon Valley Bank , according to PYMNTS.

Payments 193

Payments Cards Tools Management 193

American Banker

OCTOBER 1, 2022

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Payments 78

Payments 78

ATM Marketplace

JANUARY 2, 2020

The growing phenomenon of direct, digital banking and Silicon Valley's entry into the payments business pose a series of challenges to traditional banks. NCR's Doug Brown explores the landscape for 2020 to determine how these trends will impact the global banking business moving forward.

Trends 100

Trends Digital Banking Banking Trends Payments 100

American Banker

SEPTEMBER 6, 2023

Half a year after it swallowed up Silicon Valley Bank during the spring banking crisis, First Citizens Bank is blending the former SVB Private into its wealth business.

Industry 36

Industry Management 36

TheGuardian

MARCH 28, 2023

if your business fails, do you then get a bonus?' she asked Andrew Bailey, the Bank of England governor, Sam Woods, the chief executive of the Prudential Regulation Authority, and Dave Ramsden, the deputy governor for markets and banking at the Bank. In what other sector.

Video 47

Video Regulation Marketing Company 47

PYMNTS

OCTOBER 8, 2020

one of the biggest payments processors in the world, one of the top 3 banks in Brazil, one of the big four banks in Australia, the largest national card processor in Europe, and several others),” according to the release. The company says its fraud solution works to decrease costs and more efficiently target the activity.

Report 247

Report Fraud Risk Management America 247

South State Correspondent

MAY 9, 2023

In the wake of regional bank failures, one potential answer to equity shorting and bank runs is having the FDIC increase deposit insurance. The regulators are considering three options: raising the limit above $250k, raising the cap for only certain accounts (such as banks’ business accounts), or eliminating the cap entirely.

FDIC 195

FDIC Regulation Capital Management 195

PYMNTS

NOVEMBER 27, 2019

And profits are being pushed over progress as Silicon Valley investors start reeling in the billions that startups have come to expect. Silicon Valley Braces as VCs Pump the Brakes. Profits are being pushed over progress as Silicon Valley investors start reeling in the billions that startups have come to expect.

Google 109

Google Management Payments social media 109

TheGuardian

MARCH 14, 2023

Sign up for the full article here Last week, if you had heard of Silicon Valley Bank UK, you probably worked in tech. The bank’s selling point was that it understood the needs of the “innovation economy”, something that high street banks frequently failed to acknowledge.

Innovation 56

Innovation Cards California US 56

PYMNTS

DECEMBER 22, 2020

million) in financing from BCI Europe, Paragon Bank and British Business Investments in addition to financing and venture debt from Silicon Valley Bank (SVB), according to a Tuesday (Dec. based Liberis has notched £70 million (approximately $93.5 22) press release.

United States 174

United States Florida Resources Lending 174

PYMNTS

FEBRUARY 13, 2020

Burgess will work under Chirag Patel, Santander ’s global head of digital payments, and she will become part of the bank’s global payments and digital team. The team will be spread across Silicon Valley, London and Madrid. The bank aims to create efficient digital offerings for businesses, customers and merchants worldwide.

Apple 225

Apple Payments Customer Experience America 225

PYMNTS

DECEMBER 9, 2020

Payment solution provider Plastiq has teamed with accounts payable (AP) automation company Tipalti to let companies pay vendors with their business credit cards even if their vendors don’t accept credit cards, according to a Wednesday (Dec. The Visa Small Business Hub works to help SMBs with beginning, operating and expanding companies.

Cards 141

Cards Payments US Tools 141

South State Correspondent

JANUARY 10, 2024

Community banks’ use of swaps (banks’ primary tool to hedge interest rate risk on loans) has increased substantially over the last ten years. Meanwhile, community banks face net interest margin (NIM) and fee income pressure. commercial and savings banks in the country, with $25.96T in assets and $11.87T in loans.

Community Bank 195

Community Bank Community National Regional 195

PYMNTS

DECEMBER 23, 2020

China Extends Economic Stimulus Measures For Small And Micro-Businesses. million) in financing from British Business Investments, Paragon Bank and BCI Europe, along with financing and venture debt via Silicon Valley Bank (SVB). based Liberis has raised £70 million (about $93.5 million) in financing.

Groups 148

Groups Cards blockchain Payments 148

PYMNTS

OCTOBER 19, 2018

With the launch of a new office in Guadalajara, PayStand is making its debut in Mexico as it expands its business payment solution and targets B2B payments friction across North America, where $18 trillion in B2B transactions are conducted via paper check every year, the company said. .”

Payments 139

Payments blockchain Innovation America 139

PYMNTS

APRIL 27, 2020

Silicon Valley working capital FinTech Taulia is partnering with J.P. Morgan to develop a new trade finance solution that will give businesses liquidity to strengthen their supply chain. Morgan, said in a statement on Monday (April 27). . This helps guarantee continued operations “during this challenging time.”.

Capital 174

Capital Resources Course Payments 174

South State Correspondent

APRIL 10, 2023

Nonetheless, with the recent collapse of sizeable regional banks, regulators, investors, analysts, accountants, and bankers are now scrutinizing the fair value of banks’ securities and loan portfolios. This development should strongly motivate community banks to consider the benefits of loan-level hedging. in Tier 1 capital.

Community Bank 195

Community Bank Community Security Capital 195

PYMNTS

MARCH 12, 2020

At SoFi , based in Silicon Valley, Renz will lead the FinTech startup’s credit card, brokerage and bank account businesses, one of the sources told WSJ. Jeff Blackburn, in charge of entertainment, business development and advertising businesses, went on sabbatical in early 2020.

Fintech 193

Fintech New Jersey Seattle Policies 193

PYMNTS

DECEMBER 23, 2020

21) following months of debate will assist financial institutions by relaxing an important small-business lending initiative’s regulations, providing deferred loan payment accounting relief and bolstering the financial position of borrowers, Reuters reported. State Bank Of Pakistan Eyes Digitizing Corporate Supply Chains.

blockchain 210

blockchain San Francisco cryptocurrency Security 210

PYMNTS

SEPTEMBER 24, 2019

Today in the payments news roundup, American Express is rolling out a new Pay with Bank Transfer product to U.K. Also, Microsoft has launched a new tool to aid businesses in managing their brands online called Dynamics 365 Commerce. Amex Launches Pay by Bank. Silicon Valley Investors Seek IPO Funding Substitute.

Payments 108

Payments Fraud Tools Branding 108

PYMNTS

JUNE 1, 2017

NatWest is working with SpendLabs to develop a mobile app to help businesses manage their spend. The tool is in pilot phase with 100 NatWest Commercial Card customers, reports said, and could see a broader rollout later this year for NatWest, RBS and Ulster Bank customers using their mobile apps.

Management 115

Management Cards Trends Mobile 115

PYMNTS

JANUARY 7, 2021

Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. billion, with the goal of bringing FinTech businesses to public markets. V to file an initial public offering (IPO). . The deal would give SoFi a post-money valuation in excess of $8.65

Samsung 183

Samsung Capital Lending Innovation 183

PYMNTS

APRIL 26, 2020

Silicon Valley FinTech startup Digits announced a $22 million Series B funding round led by GV — formerly known as Google Ventures — to launch its new expense monitoring dashboard, according to a company blog post. Its new web application for expense monitoring is available at no charge to small businesses.

Management 151

Management Training Google Operations 151