article thumbnail

Why Venture Capital Is Accelerating In Asia — Why It’s Different From The Valley

PYMNTS

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. Many of them are government, corporate or university led, Dixon said.

Capital 298
article thumbnail

SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm

PYMNTS

Its investment in Latin America this year will target eCommerce, healthcare, FinTech and other industries, as it looks at about 650 firms in the region. SoftBank has so far earmarked $100 million to $150 million to fund 17 companies and two venture capital firms. . “We

Fintech 174
Insiders

Sign Up for our Newsletter

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

article thumbnail

Pricing Models – 4 Changes Banks Need to Make Now

South State Correspondent

Change 1: Cost of Capital and Capital Allocation. Back in 2020, banks’ capital cost was at a record low as it averaged a little under 6% for the industry. Now, the cost of capital has been up 44% since then. Below is our current weighted cost of capital for different-sized banks.

Capital 195
article thumbnail

Key Components of a Strong Sanctions Compliance Program

Abrigo

Takeaway 2 Financial institutions must train front-line staff to identify behavioral red flags that could indicate elder financial abuse. Training The training program should be provided to all appropriate employees and personnel on a periodic basis, at a minimum annually. BSA Training. Learn More. Learn More. Learn More.

article thumbnail

Investing in America: 7 Strategies and 7 Tactics That Can Drive Business

South State Correspondent

These programs aim, in part, to mobilize the private sector by pairing its capital with public investment to stimulate American manufacturing and infrastructure improvement, creating new jobs plus innovating in industries like clean energy and technology. Banks can use this technical assistance guide ( HERE ) to create training materials.

America 195
article thumbnail

5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

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. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital. Conclusion.

article thumbnail

Senior Transport Service Onward Raises $1.5M

PYMNTS

The round was led by Royal Street Ventures, Matchstick Ventures and JPK Capital. The company will focus on that region — as well as one other undisclosed market — for the remainder of this year. They are all trained in CPR, dementia, and have gone through a background check and car inspection.