BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. But they are only one part of operational risk, which includes losses from any kind of business disruption or human error, including power outages or natural disasters.

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Operations Policies System Regulation 95

PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis.

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Capital Regional United States Meeting 298

PYMNTS

JANUARY 22, 2021

22) report, wants to prevent events like the collapse of a major financier in 2018 — which continues to have effects on the financial system even now. One proposition is a 9 percent core capital requirement on the top tier, akin to banks. That could be aimed at getting more capital or increasing competition.

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Regulation Capital Lending Groups 272

PYMNTS

JANUARY 22, 2021

Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser.

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Nevada Capital New York Groups 180

PYMNTS

MAY 4, 2017

Capital One and Santander are two banks that both announced Wednesday (May 3) their perspective efforts to support small businesses as Small Business Week continues. Capital One Spark Business said it is rolling out a We Work As One campaign to support and celebrate SMEs. It’s a way to engage directly with consumers, Capital One said.

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South State Correspondent

OCTOBER 17, 2022

Further, there is a cost of holding liquidity in the event deposits are difficult to source in the future. Depending on business lines, products, and funding activities, there is a contingent cost of funding during stressful events such as collateral calls, deposit runoffs, or standby credit draws.

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How To Community Bank Community Capital 195

PYMNTS

OCTOBER 5, 2020

MyChargeBack Vice President of Global Operations Michael Cohen indicated that credit card chargebacks are a potential option 18 months following the transaction date in some instances. And, in regard to digital currency, consumers might only be able to recoup money in the event of unauthorized transactions.

Security 202

Security Bitcoin Capital Analytics 202

PYMNTS

SEPTEMBER 21, 2020

As a financing tool that requires business owners to place valuable assets — whether working capital or physical — up for collateral, asset-based financing (ABF) was often viewed as a solution to a dire problem when no other options were available. Rather, underwriting is based on actual assets on the balance sheet. "It

Capital 256

Capital Tools Industry Lending 256

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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Report Risk Management Capital Data 195

Perficient

DECEMBER 14, 2020

Crisis response, maintaining safe and operational working conditions, mitigating supply chain disruptions, maintaining liquidity, and deftly responding to shifts in the market have emerged as key focus areas for all businesses. If your organization is looking to capitalize on cloud technology in 2021, here are a few trends to keep in mind.

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Technology Trends Software Resources 348

Abrigo

MARCH 13, 2024

A wave of pending maturity events ($2 trillion of CRE loans are reported to mature in the next years). Consequently, all stakeholders of CRE assets are understandably nervous, including bankers and their investors who, due to the highly leveraged nature of CRE transactions, provided the bulk of capital financing the industry.

Strategy 221

Strategy Course Meeting Taxes 221

William Mills

DECEMBER 2, 2021

The audience included representatives from 48 credit unions, 21 CUSOs, 17 credit union leagues and league service corporations, five venture capital firms and a few journalists.

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Las Vegas Fintech Capital Industry 82

Bank Innovation

APRIL 12, 2017

This was the upshot from a venture capital panel at a recent Bank Innovation event in San Jose. Rather, it’s going through a reboot, which will include improved software, increased focus on regulation, and improved transparency. But what got the online lenders in trouble in the first […].

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PYMNTS

OCTOBER 25, 2019

1.5B: Recent capital raised by hotel operator OYO. 42%: Share of concession purchases at sporting events that are deterred by lines. And a relatively remote country offers global FinTech lessons. 2020: The year California Consumer Privacy Act takes effect. 4%: Portion of Dunkin’ Q2 sales generated by its mobile app.

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Payments California Mobile Data 100

PYMNTS

OCTOBER 27, 2020

The bank has also entered a strategic collaboration with global venture capital firm Anthemis , which has been identifying FinTech companies for the past decade and will now help boost investment opportunity identification, the release stated. UBS Next will pursue direct investments in early stage FinTechs and other such companies.

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Fintech Groups Innovation Operations 175

PYMNTS

JANUARY 25, 2021

The Reserve Bank of India aims to prevent events such as the collapse of a significant financier in 2018. One idea is a 9 percent core capital mandate on the top tier. 55-Plus Group Lends Optimism To Travel Operators. The central bank of India wants more stringent regulations for large shadow lenders. trillion in 2019.

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United States Regulation Payments Lending 217

PYMNTS

MAY 7, 2020

Due to a confluence of events over the past few months, Deliv will unfortunately be winding down our operations over the next 90 days,” she wrote. Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. Google and Enterprise Holdings Inc.,

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Google Survey Capital California 177

PYMNTS

MAY 22, 2017

Menlo Ventures , the Silicon Valley venture capital firm, closed a new $450 million venture capital fund aimed at investing in early stage companies focused in the consumer, enterprise and so-called frontier technologies markets. The move is designed to put the VCs closer to where the action is.

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San Francisco Capital Maine Analytics 164

Gonzobanker

FEBRUARY 1, 2023

So, esteemed GonzoBankers, here’s a quick summary of the key themes emerging from the event that can help guide your own strategic discussions. The techies had clearly moved from the kids’ table to an elbow-to-elbow prime seat beside the leaders who control the resources and capital in the industry.

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Arizona Kansas City Industry Phoenix 145

PYMNTS

APRIL 29, 2020

In a wide-ranging interview, world-renowned investor Warren Buffett weighed in on such topics as the coronavirus pandemic, the economic crisis it has created and the future of American capitalism. “I’ve I mean, this is a terrible event that’s occurring. The event will be live streamed on Yahoo.

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US Course Meeting Capital 136

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Improving efficiency is like “losing weight” and “working out more.”

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Community Bank Capital Training Lending 195

South State Correspondent

FEBRUARY 28, 2023

While we charted Fed rate movements below, we can see similar spikes when there are material equity declines, negative economic news that increases the need to save, financial news that increases interest rates, and world events, such as a war or pandemic, that cause a flight to investment safety.

Strategy 195

Strategy Marketing Meeting Trends 195

PYMNTS

OCTOBER 1, 2020

There is a working capital benefit a card gives that supports both the buyer and supplier. The supplier gets guaranteed payment, and the buyer now gets some additional working capital. More efficient working capital management is especially desirable as the pandemic stretches on longer than most observers would have imagined.

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Capital Payments Cards Groups 193

Bank Innovation

MARCH 15, 2016

Emirates NBD, one of the Middle East’s largest banking groups, is hosting a hackathon in partnership with Berlin-based Open Bank Project in London, the reported fintech capital of the world, April 15 to 17. The event takes place at Level39 in Canary Wharf — where Read More. The deadline for early applications is today.

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Fintech Capital Groups Report 150

South State Correspondent

OCTOBER 26, 2023

Our Top 10 Insights From Money 20/20 From these sessions and announcements, we pulled out ten of our most important takeaways, each having an impact on bank operations in the coming year. Money 20/20 cocktail parties started at noon, and events from sponsored race car driving to helicopter tours were common.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

OCTOBER 7, 2020

RootAnt has said that it will use the capital to expand in Singapore, Southeast Asia and Japan. In an interview with PYMNTS, Lincoln Yin , CEO of RootAnt, said the pain points being felt right now by SMBs in Asia are particularly in the travel, event and other industries. Thus, working capital challenges are mounting for these SMBs.

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Risk Management blockchain Capital Data 238

PYMNTS

SEPTEMBER 26, 2019

The travel and lifestyle platform has received investments from the likes of JD.com, Sequoia Capital and Hillhouse Capital, according to Deal Street Asia. Indonesia -based Traveloka has partnered with Bank BRI on a credit card for Indonesia’s unbanked.

Cards 158

Cards Conference Capital Online 158

PYMNTS

DECEMBER 9, 2019

Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. Beauty and trunk shows are also planned, as well as a wellness-focused event. 14 at 6:30 p.m.

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Las Vegas San Antonio New York City Detroit 136

PYMNTS

SEPTEMBER 29, 2019

As the clothing platform encounters multiple supply chain and inventory issues, Rent the Runway isn’t taking on new subscribers or event rentals until Oct. 13, are due to unforeseen issues associated with a significant software transformation that we are executing in our fulfillment operation.”. “So 15 at the soonest. 15,” she added.

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Operations Software Report Capital 108

PYMNTS

FEBRUARY 15, 2019

Banks should brace for more focus – at least from the European Central Bank – on capital structure and liquidity as Brexit looms and takes effect. Financial Times has estimated that as many as 27 firms have committed to bringing staff or operations to Ireland in the wake of the 2016 vote to leave the European Union. Brexit backlash?

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Capital America Course Operations 108

PYMNTS

SEPTEMBER 29, 2019

As the clothing platform encounters multiple supply chain and inventory issues, Rent the Runway isn’t taking on new subscribers or event rentals until Oct. 13, are due to unforeseen issues associated with a significant software transformation that we are executing in our fulfillment operation.”. “So 15 at the soonest. 15,” she added.

Operations 106

Operations Software Report Capital 106

Abrigo

JULY 27, 2023

From transaction monitoring to detecting unusual activities and facilitating report filing for reviews and audits, regtech solutions for banks can streamline and optimize compliance operations. Both you and your vendor need to feel confident that you have the proper infrastructure to integrate regtech with your operational system.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

From transaction monitoring to detecting unusual activities and facilitating report filing for reviews and audits, regtech solutions for banks can streamline and optimize compliance operations. Both you and your vendor need to feel confident that you have the proper infrastructure to integrate regtech with your operational system.

Technology 195

Technology Fraud Compliance Regulation 195

South State Correspondent

AUGUST 10, 2023

Real-time Processing & Speed: A good modern core will have an “event-driven” architecture allowing messages to be processed at any time, including in real-time. An “event” can be a payment, an internal balance adjustment, or a name change on an account. A typical community bank may pay $1.5M

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System Examples Operations Data 195

Bank Innovation

DECEMBER 19, 2017

Aside from the important events like record-level funding for fintechs across the globe, cryptocurrency mania, Coinbase entering the Unicorn club at a $1.56B valuation in the last quarter, there have been some […].

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Trends Fintech cryptocurrency Operations 352

PYMNTS

OCTOBER 2, 2020

Scan recent headlines and you’ll see that Equifax bought Ansonia Credit Data; Corsair Capital bought B2B payments solution provider MSTS, and OnDeck was bought out. Of the pandemic, McCarthy said: “Black swan events create a lot of opportunity for those firms that are in a good position. It usually progresses from there,” he said.

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Payments Innovation Capital Fintech 277

PYMNTS

JUNE 23, 2020

In an email to employees, the company’s co-CEOs cited the high level of uncertainty amid the ongoing pandemic, which has boosted demand for services like food delivery, even as it has undercut the foundation for other services involving large gatherings and events. Gojek’s layoffs come on the heels of similarly large cuts at rival Grab. “The

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