PYMNTS

SEPTEMBER 30, 2018

Ripple , the blockchain startup, is heading up a new cryptocurrency lobbying group called Securing America’s Internet of Value Coalition. Coindesk noted that most of the members of the new lobbying group have ties to Ripple. Coindesk pointed to Coil as one example. Its founder is the former chief technology officer at Ripple.

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Groups cryptocurrency blockchain Regulation 192

PYMNTS

OCTOBER 22, 2020

In today’s top payments news around the world, Swedish peer-to-peer (P2P) lending upstart Lendify has reportedly secured $115 million of funding, while international trade platform Contour has teamed with information technology (IT) solutions firm Mphasis. Ant Group Moves Ahead With $35B IPO After China's OK. Morgan Stanley and J.P.

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Security Groups Payments Regulation 134

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. million) to become a challenger bank. based fund, and its U.K.

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Security Capital Cards Report 215

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

PYMNTS

AUGUST 1, 2019

Investigators from the Federal Reserve carried out an inspection of Amazon ’s cloud in April as Washington looks into ways to regulate companies that provide the service. People familiar with the matter said the regulators were most interested in looking at Amazon’s resiliency and backup systems. Just last week, U.S.

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PYMNTS

DECEMBER 18, 2020

The IPO rate for Chinese companies is the highest since Alibaba’s massive market debut in 2014, according to CNBC , citing a new report from Renaissance Capital. and China over trade and security issues. market for 2020, according to Renaissance Capital. Securities and Exchange Commission (SEC) in August. stock exchanges.

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Phoenix Regulation Capital Marketing 268

PYMNTS

NOVEMBER 4, 2020

China’s move to suspend Ant Group’s anticipated blockbuster initial public offering (IPO) likely came from the top echelon of the Chinese government, according to a report in the Financial Times. The suspension came just two days before shares of Ant Group were to go live on the Hong Kong and Shanghai stock markets. A collective $2.7

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Lending Groups Regulation Marketing 240

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. Fair Value of Loans The fair value of securities has made recent headlines with a focus on regulators, legislators, and bankers.

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Community Bank Community Security Capital 195

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.

Capital 78

Capital Lending US Data 78

South State Correspondent

AUGUST 21, 2023

The three risks are: 1) rising funding costs to erode profitability, 2) reduced capital at small banks compared to larger banks, and 3) elevated commercial real estate (CRE) credit risks. This risk magnifies margin erosion for those banks that hold fixed-rate securities and loans.

Community Bank 195

Community Bank Community Capital Analysis 195

PYMNTS

JULY 2, 2018

Despite a regulation crackdown and other issues, investors have continued to fund cryptocurrency startups in 2018, with ICOs raising $11.8 This year’s surge comes as ICOs have faced stricter scrutiny from regulators like the U.S. This year’s surge comes as ICOs have faced stricter scrutiny from regulators like the U.S.

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Regulation cryptocurrency Fraud Analysis 101

CB Insights

NOVEMBER 5, 2020

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. Company Name. Phone number.

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Capital blockchain Marketing Security 98

PYMNTS

DECEMBER 28, 2020

Recent regulatory crackdowns on Ant Group, Alibaba and Tencent show that China’s former tech darlings have run afoul with all-powerful political and regulatory regime in China. Reuters quoted Ant as saying in a statement that it would establish a “rectification” working group and fully implement the government’s requirements. .

US 168

US Regulation Groups System 168

Chris Skinner

MAY 12, 2017

He is also one of the Top 5 most influential people on BankInfoSecurity’s list of information security leaders, as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal. Regulators are also working with startups, which is what the regulatory sandboxes are all about.

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Regulation Capital Fintech Innovation 255

PYMNTS

MAY 9, 2016

Last week, OnDeck, Kabbage and CAN Capital banned together to form the Innovative Lending Platform Association (ILPA), an advocacy group to champion increased transparency for small business borrowers in the alternative and marketplace lending sphere. Is the alternative lending space concerned about incoming regulation?

Regulation 100

Regulation Lending Capital Industry 100

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

PYMNTS

AUGUST 25, 2016

The World Federation of Exchanges (WFE) said there needs to be clarity over blockchain regulations before adoption can become more widespread. This shows we are firmly moving towards a world where the technology could become applicable to global capital markets.

blockchain 100

blockchain Regulation Survey Technology 100

PYMNTS

JUNE 28, 2018

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. The lack of security cooperation between bankers and regulators also comes up for blame. Fraud is a Top Worry. Growing Awareness.

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PYMNTS

SEPTEMBER 2, 2020

If approved by the Canadian Securities Administrators (CSA), the country’s equivalent of the U.S. Securities and Exchange Commission, the stock would be listed on the Toronto Stock Exchange under the “NVEI” ticker. and RBC Capital Markets.

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Payments Fintech Security Technology 229

PYMNTS

FEBRUARY 15, 2018

He said that in his own state of Washington, state regulators have been looking at those issues for some time to determine the possibility of some sort of reciprocity or sharing of information. “It The pilot being run with those initial seven states will provide some answers for how state regulators can streamline the process.

Washington 101

Washington Regulation Conference Fintech 101

PYMNTS

SEPTEMBER 30, 2020

It would instead offer payment companies a national servicing platform to replace the regime of state regulations such firms would be subject to under existing laws. Commercial companies accessing a payments charter would avoid oversight and regulations that protect the financial system and consumers,” the bank industry leaders wrote.

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Regulation National System Industry 349

PYMNTS

MARCH 23, 2020

Now that P2P lending is fully regulated, this is a conversation we need to have.”. There are plans for the 36H Group, the industry body for the P2P space, to try to figure out how to move forward. million) in loans with the new capital. Assetz said it would be able to make over 100 million pounds ($115.4

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Lending Capital Regulation Industry 143

TheGuardian

MARCH 30, 2021

The Securities Exchange Commission is said to have requested further information from major US banks Goldman Sachs, Wells Fargo and Morgan Stanley, as well as Japan’s Nomura and Swiss lender Credit Suisse about a meeting with Archegos founder Bill Hwang on Thursday.

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Meeting Regulation US Capital 88

PYMNTS

JUNE 22, 2020

has put into place a three-year secured asset-based revolving credit facility with a group of financial institutions (FIs). billion in senior secured notes, set to come due in 2025, to help pay back borrowings under its current $1.5 To help bolster its liquidity standing, Bed Bath & Beyond Inc. In separate news, Macy’s Inc.

Retail 141

Retail Capital Security Meeting 141

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. California-based hedge fund Pantera Capital has revealed that it might have to issue refunds to its backers after the U.S.

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blockchain Bitcoin Report San Francisco 155

PYMNTS

AUGUST 23, 2020

Once the approval is finalized, the license will allow it to work in dealing in securities and as an automated trading service (ATS), regulated under Hong Kong's Securities and Futures Commission (SFC). The sales will go toward its ambitions of making an "open-source Bloomberg for DeFi," CoinDesk reported.

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blockchain San Francisco cryptocurrency Bitcoin 151

PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. It will open a Johannesburg branch of Goldman Sachs International Bank, which is headquartered in London.

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Operations Capital Groups Apple 150

PYMNTS

MARCH 1, 2020

Health tech startup Accolade , with headquarters in Seattle and Philadelphia, filed with the Security and Exchange Commission (SEC) to raise $100 million for an initial public offering (IPO) on Friday (Feb. Lead book-running managers for the IPO included Goldman Sachs, Morgan Stanley and BofA Securities. 28), according to reports. .

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PYMNTS

FEBRUARY 19, 2019

The new regulations state that these futures exchanges and clearing houses need to have paid-up capital of at least 1.5 trillion Indonesian rupiahs ($106 million USD), as well as have a closing capital balance of at least 1.2 trillion Indonesian rupiahs.

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Bitcoin blockchain cryptocurrency Capital 164

PYMNTS

JANUARY 24, 2019

More approvals are coming in China for global banks looking for majority ownership in their local securities ventures, according to a top Chinese regulator. Fang Xinghai, the vice chairman of the China Securities Regulatory Commission (CSRC), said that in the next six months, more licenses will be granted.

New York 156

New York Video Regulation Security 156

PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. It will open a Johannesburg branch of Goldman Sachs International Bank, which is headquartered in London.

Capital 131

Capital Groups Apple Operations 131

Chris Skinner

MARCH 15, 2017

For example, it shows that the UK retail banking market place has become a dull playground thanks to mergers and acquisitions over the past half century: As a result, the six large banking groups held an 89% market share of the current account market. We’re happy being customers’ second bank. appeared first on Chris Skinner's blog.

Regulation 291

Regulation Retail Survey Mobile 291

PYMNTS

JUNE 10, 2019

’s peer-to-peer (P2P) lenders are hoping that tighter regulations by the Financial Conduct Authority (FCA) can help restore the sector’s damaged reputation. That chance has gone now,” said Stuart Law, CEO of Assetz Capital , specializing in secured business loans, according to the Financial Times. “I Despite lending £6.7

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Regulation Lending Industry Capital 138

PYMNTS

NOVEMBER 8, 2019

China previously attempted this and was focusing on large companies like Alibaba Group , but the plan never came to fruition due to a number of factors, including trade tensions and a lack of political support. The new rules, put forth by securities regulations and officials at the stock exchange, could be unveiled in the next few days.

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BankUnderground

OCTOBER 18, 2022

They argue that these risks are not currently included within risk weights in the banking prudential framework and that regulators should adjust the framework to include them. RWAs are a key component of the regulatory capital framework and are designed to reflect differences in risks across banks.

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Analysis Regulation Capital Policies 95

PYMNTS

NOVEMBER 8, 2019

China previously attempted this and was focusing on large companies like Alibaba Group , but the plan never came to fruition due to a number of factors, including trade tensions and a lack of political support. The new rules, put forth by securities regulations and officials at the stock exchange, could be unveiled in the next few days.

Regulation 103

Regulation Capital Groups Company 103

PYMNTS

NOVEMBER 8, 2019

China previously attempted this and was focusing on large companies like Alibaba Group , but the plan never came to fruition due to a number of factors, including trade tensions and a lack of political support. The new rules, put forth by securities regulations and officials at the stock exchange, could be unveiled in the next few days.

Regulation 100

Regulation Capital Groups Company 100