BankUnderground

JUNE 8, 2022

There is a lively debate about whether and how capital regulations for banks and insurers should be adjusted in response to climate change. Moreover, it asks for research on an appropriate time horizon over which the risks should be considered and how scenarios and forward-looking data should be used.

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Capital Policies Tools Regulation 103

PYMNTS

DECEMBER 9, 2019

In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans to offer 0 percent installment financing on iPhones bought with the Apple Card. Regulators Call for ‘Vigilant Monitoring’ of Big Tech’s Financial Data Use.

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Regulation Data Apple Payments 131

PYMNTS

OCTOBER 16, 2020

billion in venture capital investments between January and September 2020, according to a press release from London & Partners emailed to PYMNTS. The pandemic has dealt blows to many markets, but so far, London's FinTech market appears to be coping well, the release stated, with data suggesting that around 95 percent of the U.K.'s

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San Francisco Fintech New York City Data 265

PYMNTS

NOVEMBER 10, 2020

In today’s top news, Amazon is facing antitrust charges in the EU over seller data, and India’s competition watchdog is looking into whether Google has abused its power in pushing its payment app. Amazon Faces EU Antitrust Charges Over Seller Data. India’s Antitrust Regulator Targets Google Over Google Pay.

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Google Regulation Data Payments 136

PYMNTS

FEBRUARY 16, 2017

Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. The agency did note, however, that it will deal with “errant VC managers” on a case-by-case basis and continue to retain its powers to regulate venture capitalists.

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South State Correspondent

AUGUST 22, 2022

Commodore’s demise is a case study of how NOT to care about your customers and why business intelligence through proper data architecture is critical. If you already have a data warehouse or plan to sell the bank in the next 12 months – please skip this article. Preparing For the Future Through Data Architecture.

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PYMNTS

APRIL 13, 2020

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. Expect a steep drop in March spend due to the COVID-19 crisis.

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PYMNTS

MARCH 20, 2020

India is making a move to tighten controls on big tech companies like Amazon and require them to turn over data and other requested information in a timely manner, Reuters reported on Friday (March 20), citing sources. The talks about online shopping data control is a “complex subject,” a senior trade ministry official told Reuters.

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Data social media Policies Regulation 183

PYMNTS

JULY 1, 2019

Capital One Snaps up BlueTarp. Capital One Financial Corporation announced it has signed a deal to buy purchase-to-payment and credit management company BlueTarp. We look forward to leveraging our fully developed trade credit technology platform and delivering significant value to Capital One’s existing and future partners,” he said.

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PYMNTS

OCTOBER 7, 2020

As merchants accelerate their digitization roadmaps, the volume of data they’re able to work with increases. But data in payment transactions provides an often-untapped opportunity for merchants to optimize their payment operations and grow their businesses, Tony Wimmer , head of data analytics for J.P.

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PYMNTS

JUNE 17, 2019

regulators are saying cyberattacks pose the greatest risk to U.S. banks in upcoming years, but the regulation and testing processes are convoluted and complicated for institutions in both spaces to assess, according to a report by the Financial Times. Right now, different regulators look at different pieces of the same bank.

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PYMNTS

DECEMBER 9, 2020

India-based digital lender startup Capital Float witnessed a multitude of benefits from implementing video-based KYC to help onboard its small- to medium-sized business (SMB) clients. Capital Float had provided 500,000 clients with $1.2 Capital Float had provided 500,000 clients with $1.2

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BankUnderground

APRIL 28, 2023

This post investigates whether large and small banks in the UK and US differ in the cyclical patterns of capital positions and credit provision. The reforms aimed to ensure that banks have sufficient capital resources to absorb losses and reduce the cyclical effects of bank capital (and regulation) on the supply of bank credit in stress.

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Capital Lending US Data 84

PYMNTS

DECEMBER 21, 2020

Like many venture capital companies in the payments space, Serent Capital has had a busy year. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million. That was followed on Dec.

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PYMNTS

AUGUST 2, 2019

The investigation was in April, ahead of the Capital One hack that resulted in the arrest of a former Amazon engineer. Capital One is just one of numerous financial institutions using Amazon’s cloud services to store customer data, igniting the question of where banks end and vendors begin. . banking system.

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PYMNTS

DECEMBER 28, 2020

Large Chinese companies, including Alibaba and rivals Tencent , food delivery giant Meituan and retailer JD.com , have lost almost $200 billion in Hong Kong since regulators announced last week that they were investigating Alibaba's reported monopolistic practices, according to Bloomberg. Regulators on Sunday (Dec.

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Regulation Google Report Capital 141

PYMNTS

DECEMBER 17, 2018

Australian challenger bank Judo Capital has chosen VERMEG , a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements as it pursues its full banking license. “Regulatory reporting is an essential function for Judo.

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Capital Compliance Report Software 116

Abrigo

JANUARY 24, 2024

Takeaway 2 Successful acquisition of failed banks requires rapid comprehension of targeted loan portfolio data, core deposit value, potential deposit runoff, and more. Absolutely not, as the industry continues to be very well-capitalized. Takeaway 3 Acquisition and integration will expose your weak links. Should we panic?

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Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions. Regulators review them to assess safety and soundness.

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PYMNTS

MAY 29, 2019

Reports in Reuters on Tuesday (May 28) said UBS expects its regulatory costs to remain high in the years ahead after a decade of more stringent regulations leading to heavier, more costly burdens on banks. “That has tied up enormous resources.” “Why is this so significant?

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Regulation Compliance Capital Resources 108

Abrigo

DECEMBER 28, 2023

Indeed, regulators and management alike focused on these risks more and more in 2023 following the failure of Silicon Valley Bank and repeated rate hikes. The eBook also explained the critical steps of capital planning to meet financial institution goals and critical modeling assumptions for key funding sources.

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Resources Risk Management eBook Strategy 221

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. Such alternative data, said the GAO, could pose risk to such lending decisions. Late last week, the U.S. Sandboxes, Gathering Steam.

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PYMNTS

JANUARY 27, 2020

30), it will serve as detailed regulation for cryptocurrency firms — for activities ranging from digital payments to the trading of coins like bitcoin and ether. Last year, about 40 percent of bitcoin exchanges stemmed from that area, according to data from Chainalysis. After the Payment Services Act goes into effect on Thursday (Jan.

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Regulation cryptocurrency Payments Bitcoin 151

CB Insights

NOVEMBER 11, 2022

Turbulent market conditions have rattled capital markets tech funding, which fell 84% YoY in Q3’22. . Nevertheless, continued investment and partnership activity in the space highlight emerging technologies that are helping firms use data to improve efficiency and maximize planning process outcomes. ESG reporting requirements.

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PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. AccountantsWorld Unlocks Payroll Data for FinTechs.

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BankUnderground

SEPTEMBER 8, 2022

We construct the Global Network data set , a comprehensive exposure-based data set of the UK banking sector, updated quarterly, covering roughly 90% of total assets. The probability of an extreme stress event with losses above £91 billion (roughly 19% of CET1 capital) increased from 1% before the pandemic to 4.1% in 2021 Q4.

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Capital System Policies Data 99

Perficient

DECEMBER 14, 2020

If your organization is looking to capitalize on cloud technology in 2021, here are a few trends to keep in mind. Instead of relying on on-premises infrastructure to backup workloads, a cloud disaster recovery plan backs up data, applications, and other resources to the cloud. Cloud Computing will be Increasingly Regulated.

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Technology Trends Software Resources 348

PYMNTS

JANUARY 22, 2020

India is on the verge of passing a data protection law in 2020 that, in some respects, mirrors – and may help inform – other initiatives around the globe. And those same individuals can request that their data is erased. This means data cannot be retrieved, shared or even transferred by the aggregator without that consent.

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Bank Innovation

FEBRUARY 26, 2020

While data aggregators and bankers participating in the forum agreed on the principle that consumers should have the right […]. on Wednesday.

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Data Washington Industry Customer Experience 300

PYMNTS

APRIL 2, 2019

Segment, a data collection startup that helps companies manage customer data, has raised $175 million in funding, according to a report by Bloomberg. Previous investors Accel and Alphabet outfit GV led the round with Meritech Capital Partners. Other investors include the Y Combinator Continuity Fund and Thrive Capital.

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Independent Banker

FEBRUARY 28, 2023

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. Community banks own an enviable amount of data, but not all are leveraging it to its fullest extent. By Mindy Charski People share important data about themselves with their community bank in myriad ways.

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Community Bank Community Marketing Data 129

PYMNTS

JUNE 19, 2017

Among the significant changes that would be wrought by the Treasury proposals is the lifting of rules that restrict larger banks on Wall Street from trading with their own capital, thus potentially boosting returns to those banks. Separately, IBM gives an inkling of how technology might be leveraged to help shape financial regulation.

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Regulation Compliance Software Big Data 116

PYMNTS

MARCH 27, 2019

While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. The Key To Compliance Is Data.

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Compliance Data Regulation Analytics 116

Bobsguide

APRIL 12, 2018

However, few industries are as regulated as the financial sector. Since the financial crisis, the volume of regulations has grown exponentially, and market participants now find themselves operating in a minefield of various legal. Compliance with legislation is a basic condition for all businesses.

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PYMNTS

JULY 17, 2019

Financial institutions are in a constant balancing act: open up access to capital for borrowers to promote economic growth and financial inclusion and mitigate against the risk exposure lending produces — sometimes with disastrous implications for the global economy.

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Data Management Analytics Compliance 130

PYMNTS

FEBRUARY 27, 2020

With more SMBs embracing digitization, the apps powering that shift have gained access to troves of valuable data about their small business customers that can shed light on a company’s innerworkings, more so than a traditional bank account or credit profile can. The Data Of Repayment Habits. Post-Loan Analysis.

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Data Regional Lending Analysis 181

PYMNTS

JANUARY 29, 2020

The European Union (EU) wants to create a single market of data that will challenge the dominance of private companies like Amazon and Google, according to Reuters Wednesday (Jan. Still, it would primarily involve reining in the aforementioned big tech giants and break up their wide-reaching hold on data. Because China and the U.S.

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