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How to Set Your Strategic Planning Time Horizon

South State Correspondent

Banks consistently produce under their cost of capital. However, for the average bank, their cost of capital is between 9% and 14% depending on the bank’s equity liquidity with an average of 12.5%. As an industry, we misallocate capital. However, if you want to build a legacy institution, then your capital should be longer.

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In B2B, FinTech And Banks Eye (And Serve) SMB Capital Needs

PYMNTS

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels. ”

Capital 122
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SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm

PYMNTS

SoftBank has so far earmarked $100 million to $150 million to fund 17 companies and two venture capital firms. . “We Freire added that Argentina, Brazil, Chile, Colombia and Mexico “are in the spotlight,” and there’s no “preset amount by nation.”. In addition, it will continue direct investments in venture capital firms.

Fintech 174
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The Big Mistake When Pricing Deposits

South State Correspondent

In today’s market, that rate is not that competitive to a top-paying bank as that range is 3.20% to 4.11%, but it is far above a national bank (around 0.25%) and above the nation’s 0.15% average bank rate for January of 2023. Of course, posting a lower-than-average market rate should have the opposite effect.

Training 195
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Brussels To Investigate German Regulator Over Wirecard

PYMNTS

Dombrovskis told the Times he will ask the 27-nation bloc’s markets supervisor to evaluate BaFin’s handling of the one-time rising star German financial technology company. “We He has said allegations about Wirecard’s accounting practices are false and misleading, the newspaper reported.

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UAE May Allow WhatsApp VoIP

PYMNTS

However, Mohamed Al Kuwaiti, executive director of the UAE’s National Electronic Security Authority, told CNBC that the country has been working with big tech platforms, especially Facebook-owned WhatsApp, on national security initiatives. Of course, technology also brings with it security concerns.

National 100
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The Central Bank Conundrum On Cryptos

PYMNTS

The research into digital central bank money will be conducted through a hub set up by the Swiss National Bank (the central bank) in partnership with the Bank for International Settlements (BIS). on the global financial cycle, this would help reduce the volatility of capital flows to emerging market economies.”.

National 183