article thumbnail

Eximchain Addresses Supplier Risk With YOOSourcing

PYMNTS

Blockchain supply chain management company Eximchain is collaborating with YOOSourcing to enhance supplier risk management. Last month, the company, developed in the Massachusetts Institute of Technology’s media lab, announced $20 million in funding from China’s FBG Capital, INBlockchain and Kenetic Capital.

article thumbnail

OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

• Board risk parameters, adequacy of staffing, succession planning and audit. Asset and Liability Management: Asset and liability risk management was deemed a concern as continued low interest rates and pressure on traditional earnings sources cause many banks to increase long-term asset holdings. The OCC on Oct.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

It turns out that confidence is more valuable than capital. While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. The ratio would provide a bank’s current core capital position to risk-adjusted assets.

article thumbnail

The 2023 GonzoBanker Awards

Gonzobanker

Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. They should have been investing in fintech growth businesses and they had the capital to do it.” Grab some popcorn and watch.

Fintech 195
article thumbnail

State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Can the states make licensing – of the money movement kind – any easier?

article thumbnail

Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

Q1 2016 sales were also down 5 percent, which was untenable enough for Total Hockey CEO Michael Benoit to negotiate an asset sale to Massachusetts-based TSG Enterprises for about $22.5 “I believe we can take those stores and make them better with some capital, improved assortment and mix of products.” ” Layoffs.

article thumbnail

Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

If I said it once, I said it one thousand times: “My biggest fear is that the Fed is sowing the seeds of the next crisis with their flatter yield curve tricks, leaving many investors holding these low yielding long bonds when rates rise in future years, unable to get out without substantial capital losses.” Thanks for reading.