PYMNTS

SEPTEMBER 24, 2020

In an interview with Karen Webster, John Rainey , chief financial officer and executive vice president of global customer operations at PayPal , noted that CFOs (including himself) have learned to pivot, too, with ground-level, tech-driven insights that move well beyond simply tracking money flows. What’s Important To Merchants.

Analytics 293

Analytics Examples Trends Operations 293

PYMNTS

DECEMBER 8, 2020

Jumio said the offering can reduce operational costs by as much as 90 percent, eliminate in-person visits and paper costs, and simplify archival processes. Capital Float On Using Video-Based KYC To Boost Onboarding, Satisfy Regulators. For more on these and other developments, check out the Trackers News & Trends section.

Video 211

Video Report Meeting United States 211

PYMNTS

NOVEMBER 19, 2020

Like restaurant owners and operators everywhere, restaurateur Chris Campbell of Boston’s Troquet on South has found the past eight months to be full of challenges. The addition of a cozy new cocktail lounge behind his main French eatery isn’t the first pivot Campbell has taken during the pandemic. Not the First COVID Tweak.

Boston 268

Boston Regulation Maine US 268

PYMNTS

DECEMBER 17, 2020

FinTech GoCardless has raised $95 million in a Series F funding round led by Bain Capital Ventures. Massachusetts regulators filed a complaint against Robinhood on Wednesday (Dec. 16) alleging that the stock-trading platform failed to protect its customers and their assets, violating state laws and regulations.

Massachusetts 147

Massachusetts Bitcoin Payments System 147

PYMNTS

JUNE 16, 2019

Not only that, but “a senior regulator at the central bank wrote to chief executives this week, ordering them to tighten standards and correct ‘overly optimistic’ risk modelling.”. The main problem reportedly stems from challenger banks’ failure to support “assumptions in their stress test models,” according to the news outlet.

Metro 125

Metro Regulation Maine Report 125

PYMNTS

OCTOBER 31, 2019

Regulators must approve it as well. Yes Bank is a private-sector bank that mainly operates as a corporate bank, but it also does asset management and retail banking. The deal is still awaiting approval by the bank’s shareholders and the board. On Thursday (Oct.

Regulation 100

Regulation Taxes Maine Capital 100

Abrigo

JUNE 7, 2021

Takeaway 1 The pandemic has shown that financial institutions deal with a variety of risks that can impact cash flow and capital. . Indeed, having sufficient capital to handle the unexpected economic impacts allowed financial institutions to play a key role in the U.S. Would you like other articles on ALM in your inbox?

Management 195

Management Risk Management Capital Regulation 195

Independent Banker

JUNE 30, 2022

It’s like throwing a rock into a pond when you’re dealing with credit quality issues: The ripple effects are real, leading to issues in all areas of CAMELS (capital adequacy, asset quality, management, earnings, liquidity and sensitivity). And today, CAMELS are a main area of focus for our bank.

Community Bank 171

Community Bank Community Lending Training 171

Abrigo

MARCH 22, 2023

Banking regulators and criminals understand TBML, so be sure your AML investigative team also does. It is also beneficial for investigators to understand domestic and international geographical risks. Gain confidence in your BSA program.

Training 195

Training Fraud New Jersey Regulation 195

Abrigo

JANUARY 11, 2022

The series, "ALM 101: Introduction to Asset/Liability Management," will explore topics like capital planning , interest rate risk, and others that highlight how ALM is an ongoing, useful process for banks and credit unions rather than simply a “check the box” report required by regulators. keep me informed. Watch Webinar.

Management 195

Management Meeting Capital Strategy 195

PYMNTS

JUNE 5, 2017

Shougang Group, a state-owned steel company in China, is reportedly on the hunt for assets to purchase that are outside of its main business and its country. Regulations can change rapidly in China. At the start of a transaction, you need to be able to fully inform the clients on what regulation looks like and what their options are.”.

Company 100

Company Regulation Maine Report 100

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

Payments 240

Payments Tools Security Regulation 240

Abrigo

APRIL 15, 2022

ALM & Measuring Liquidity Risk at Banks and Credit Unions Regulatory agencies expect financial institutions to manage liquidity risk using processes and systems commensurate with the complexity, risk profile, and scope of operations. What events could jeopardize our operational liquidity? This is the fourth post in a series. .

Management 195

Management Meeting Risk Management Operations 195

PYMNTS

OCTOBER 14, 2018

Other cryptocurrencies had an even worse week: Ether, the second-largest cryptocurrency by market capitalization, dropped 12 percent, while the third largest, XRP, is down 18 percent in seven days. and Canadian securities regulators.

Bitcoin 156

Bitcoin North Dakota blockchain Data 156

PYMNTS

DECEMBER 2, 2016

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. The company announced a $650,000 funding round led by Kae Capital and Khosla Impact. Legal Services.

Fintech 100

Fintech Capital Lending Taxes 100

BankUnderground

NOVEMBER 24, 2022

This post outlines five different aspects of MBF that contribute to such amplification and summarises some policy proposals – suggested and debated internationally by regulators, academics and market participants – to make MBF more resilient. Naoto Takemoto, Simon Jurkatis and Nicholas Vause. 1: Money market funds. Background. Background.

Marketing 113

Marketing Policies US Regulation 113

PYMNTS

APRIL 27, 2020

They are doing it because they can,” said Chris Olsen, a venture capitalist with Drive Capital Partners in Columbus, Ohio, in an interview with the Times. It might be argued that the relatively well-capitalized firms have taken spots that would have been reserved for companies in dire straits. They view it as free money.”.

Columbus 149

Columbus Ohio Capital New York 149

PYMNTS

JANUARY 8, 2020

One of the main tricks to do this well is making sure the whole process is transparent — another central idea of sustainable commerce in general. The next step is gaining more capital as the technology proves itself. “We The biggest bottlenecks now are with capital.”. We have this end-to-end solution approach,” Childs said.

Trends 131

Trends Maine Technology Capital 131

BankUnderground

APRIL 13, 2023

By better modelling how this relationship might raise insurers’ capital risk we can more firmly argue that insurers’ model assumptions should account for key dependencies between perils. Taking whole years, we investigated how the level of capital required to remain solvent is affected. Outputs are shown in Table A.

Capital 81

Capital Policies Risk Management Maine 81

Abrigo

OCTOBER 29, 2014

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. The OCC on Oct. The OCC on Oct. • Changes in underwriting.

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

PYMNTS

JUNE 27, 2019

territory, in fact, is the latest example of regulators and politicians to get their hands around the sharing economy, which continues to grow even as such services are beginning to lose their novelty. Among opponents’ main concerns? And investors are still pouring capital into companies operating in the sector.

Puerto Rico 109

Puerto Rico Los Angeles San Francisco Millennials 109

South State Correspondent

AUGUST 21, 2022

In talking to community bankers, here are the main reasons community banks have chosen a loan-level hedging program: Improved Credit Quality: Banks can stabilize the borrower’s debt service coverage ratio (DSCR). We believe that community banks should choose a path that offers the most operational flexibility.

How To 195

How To Community Bank Community FDIC 195

PYMNTS

JUNE 21, 2016

Chamber of Commerce uncovered the challenge businesses face in the wake of financial reforms and regulations, like Dodd-Frank. Its survey, the chamber said, suggests that the nation must heighten its capabilities of providing finance to its businesses, especially those struggling on account of regulation. What Regulation Does.

Survey 101

Survey Regulation Compliance National 101

BankUnderground

NOVEMBER 27, 2020

In a recent paper , we shed new light on the consequences of this type of regulation by examining the recent UK ‘ring-fencing’ legislation. Our results indicate that ring-fencing encourages UK banks subject to the reform to rebalance their activities towards retail lending and away from capital markets.

Lending 110

Lending Retail Groups Maine 110

BankUnderground

NOVEMBER 30, 2021

In our paper , we use balance sheet data for 118 UK banks to empirically investigate whether the asset compositions of banks involved in the UK QE operations reacted differently in comparison to banks not involved in the initial rounds of QE between March 2009 and July 2012. QE and central bank reserves. Source: Bank of England. What we do.

Lending 78

Lending Capital Groups Policies 78

BankUnderground

JANUARY 26, 2022

We found that capital requirements reduce the effects of financial shocks. We developed a DSGE model with capital requirements for banks and two housing tools applied on mortgage borrowing: a loan to value (LTV) constraint and a ‘stressed’ debt service ratio (DSR) limit. Model 2 added capital requirements. What we do.

Policies 92

Policies Capital Lending Tools 92

PYMNTS

SEPTEMBER 13, 2017

But, because these solutions — like Bitcoin — are largely untested, many traditional banks are wary of investing in companies that operate in the space. Here’s a snapshot of some recent notable B2B API news: For many smaller merchants, fear is very much a factor when it comes to globally expanding their operations.

Strategy 190

Strategy Report Lending Fintech 190

PYMNTS

JULY 16, 2019

Net interest income — a main driver of bank profits — came in a bit below estimates at $12.1 Chief Financial Officer John Shrewsberry was optimistic during his report to analysts on the bank’s performance, highlighting its strong capital position as it returned $6.1 Profit was up 19 percent to $6.2 billion in the first quarter and $5.2

Lending 100

Lending Leadership Trends Report 100

PYMNTS

MARCH 25, 2019

The backlash goes beyond rooms, apartments and houses to include instruments of transportation, which is among the latest areas of the digital economy to come under the scrutiny of politicians and regulators. Among opponents’ main concerns? And investors are still pouring capital into companies operating in the sector.

Los Angeles 135

Los Angeles Payments San Francisco Chicago 135

PYMNTS

JULY 1, 2016

Treasury Department released its report on the sector and concluded that the market would likely benefit from greater oversight from regulators. Find out which alt lenders secured $77 million in venture capital, as well as the other startups across the U.S., Europe and Asia that followed suit with their own investment rounds.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

AUGUST 14, 2019

Companies separated across borders want payments to be delivered on time so they can meet their payment deadlines, access capital and deliver products in a timely fashion. A group of Nordic banks have selected Mastercard to overhaul its financial services operations for the region. Around the Smarter Payments World.

Fintech 168

Fintech Payments Cards Regional 168

FICO

MAY 18, 2020

Just as organisations were getting to grips with IFRS 9 and its implications, the impact of COVID-19 has created the “perfect storm” for collections as regulators, organisations and customers scramble to understand the economic and financial impact of this pandemic. Regulator Help and Expectations. This is a unique time.

Regulation 52

Regulation Operations Management Data 52

BankUnderground

JANUARY 14, 2021

The advances in mathematical algorithms and computational power have enabled new applications that are transforming the way the insurance industry operates – in particular the applications of machine learning (ML) and data Science (DS). Currently insurers make little use of this data in their reserving or capital setting.

Data 88

Data Exercises Capital Case Study 88

PYMNTS

OCTOBER 17, 2017

An industrial bank is an FDIC-insured depository institution that is generally subject to the same banking laws and regulations as any other bank charter type, with the important exception of the Bank Holding Act of 1956. Square already has an SMB lending arm – Square Capital – which it operates through a deal with Utah-based Celtic Bank.

Industry 108

Industry Fintech FDIC Community Bank 108

PYMNTS

APRIL 8, 2019

It recently invested in SMB-focused Retail Capital , which offers merchants short-term funding options through its mPOS devices. The POS solution is designed to comply with local sales regulations. In April mPOS Tracker , PYMNTS charts how mPOS providers are catering to SMBs. Around the mPOS World. Get the full scoop in the Tracker.

Atlanta 128

Atlanta Cards Mobile Meeting 128

BankUnderground

MAY 3, 2022

Our paper helps to fill that gap in the literature by looking at the impact of past recessions and crises on inequality, and the amplifying roles of credit and capital within that. Chart 5: Cumulative change in de-trended Gini index (%) following recessions preceded by low bank capital. Extension: the role of bank capital.

Trends 104

Trends Policies Capital Analysis 104

PYMNTS

MAY 27, 2016

“The main customer benefits are certainty of timing, so you know when the payment is going to arrive and certainty of value,” Ed Metzger, head of innovation, technology and operations at Santander UK, told Reuters. He explained that this technology has the ability to make payments instantaneous.

Bitcoin 104

Bitcoin blockchain Operations Fraud 104