PYMNTS

DECEMBER 4, 2019

Also, federal banking regulators reportedly support using alternative methods to determine creditworthiness to help high-risk individuals get loans. Regulators Support Alternatives To Assess Creditworthiness. And Google CEO Sundar Pichai will take over as Alphabet ’s new CEO.

Regulation 130

Regulation Los Angeles Google San Francisco 130

American Banker

SEPTEMBER 20, 2020

Lenders should be subjected to tough reviews of their readiness for economic threats posed by severe weather, required to disclose risks lurking in their portfolios and perhaps forced to set aside extra capital, a government study recently recommended.

Regulation 85

Regulation Study Capital Community Bank 85

PYMNTS

APRIL 13, 2018

The Association for Financial Markets (AFME) in Europe wants regulators to curb the development of aggressive bank regulation, according to Reuters reports on Thursday (April 12). Analysis found the annual cost of regulation costs $37 billion for 13 banks combined, amounting to 39 percent of total capital markets expenses in 2016.

Report 108

Report Lending Regulation Study 108

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

Risk Management 221

Risk Management Management Lending Capital 221

BankUnderground

DECEMBER 8, 2021

Reforms following the 2008 financial crisis have led to significant increases in banks’ capital requirements. Profitability determines the opportunity cost of shrinking assets, and underpins the ability to generate capital. A large literature since then has focused on understanding how banks respond to these changes.

Regulation 86

Regulation Analysis Capital System 86

Gonzobanker

MARCH 21, 2024

Of small business owners who applied for a business loan in early 2023, 6 in 10 found it difficult to find affordable financing, and overall, 77% are concerned about their access to capital according to a survey from Goldman Sachs. According to Randi Zeller, senior advisor to Community Reinvestment Fund, USA: “There is no lack of capital.

Lending 78

Lending How To Capital Data 78

Abrigo

DECEMBER 13, 2019

ABA study shows banks are reporting more cases of EFE. Section 38 of the FDI Act authorizes the FDIC to issue Prompt Corrective Action directives to institutions that are less than adequately capitalized. Inadequate capital. State amount of required capital and/or the adoption of a capital plan. CECL Regulation.

FDIC 195

FDIC Regulation Capital Lending 195

PYMNTS

JANUARY 31, 2021

The chaos resulted in a severe drubbing for some of the larger Wall Street hedge funds, including Melvin Capital , which took a hit of 53 percent after retail investors drove up stocks that it had bet against. Melvin Capital did receive an infusion of fresh cash from investors in the final days of January.

social media 169

social media Capital Study Retail 169

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

CFPB Monitor

AUGUST 20, 2020

federal and state financial institution regulators have taken meaningful, proactive steps to acknowledge financial inequality issues, reach out to traditionally underserved populations to expand access to credit, and further protect consumers from discrimination. This blog post contains a summary of those efforts.

Regulation 78

Regulation FDIC Community Lending 78

PYMNTS

NOVEMBER 23, 2020

The Office of the Comptroller of the Currency ( OCC ) has proposed personal banking regulations intended to level the playing field. . Fair access to financial services, credit and capital is essential to our economy,” Brian P. percent of consumers surveyed reported that their primary bank is a digital-only bank (4.2 percent). .

Study 170

Study Survey Regulation System 170

Abrigo

JUNE 4, 2023

Introduction Prioritizing AML compliance resources The regulations laid out in the Bank Secrecy Act (BSA) are intended to promote financial transparency and identify those who misuse the financial system. Civil penalties vary, with regulators authorized to penalize between $5000 and $1,000,000 per violation for each day the breach occurs.

Compliance 195

Compliance Training Resources Regulation 195

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. Similarities To The EU.

America 168

America Regional Regulation Fintech 168

Independent Banker

FEBRUARY 28, 2022

The ICBA Capital Summit is the premier event for community bankers looking to advocate for their industry. In person for the first time since 2019, the ICBA Capital Summit in Washington, D.C., No other event provides more opportunities for community bankers to engage with lawmakers, regulators and government officials.

Community 180

Community Washington Community Bank Capital 180

South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. BSBY was not well received by US regulators from its inception, but the market eventually embraced SOFR over BSBY.

Community Bank 195

Community Bank Community Compliance CA 195

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

Abrigo

SEPTEMBER 23, 2014

Due to the volatility of CRE concentrations at banks, regulators have released supervisory guidance to ensure sound risk management practices. In 2006, interagency guidance addressed two supervisory criteria: • 100% or more of total risk-based capital for construction concentration and.

Lending 261

Lending Management Risk Management How To 261

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. The topics were perfect, and there were some great case studies, but the substance was standard, bordering on underwhelming.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

FEBRUARY 3, 2019

Australia’s competition regulator is going after the banking industry in the country, vowing to punish what it claims is misconduct, reported The Financial Times. He noted that regulators shouldn’t have allowed Westpac to merge with St George Bank back in 2008, reported The Financial Times.

Regulation 101

Regulation Fintech Study Industry 101

PYMNTS

APRIL 25, 2016

A recent Fed study says that 47 percent of all respondents couldn’t come up with $400 to pay for an unexpected bill – a car repair, an emergency doctor’s visit, a busted washing machine that needed repair – without borrowing or selling something. Otherwise they’ll find something else to do with their capital.

Regulation 100

Regulation Google Course Cards 100

PYMNTS

MARCH 11, 2020

The arrangement is forecasted to close in the first half of this year, as long as regulators give it the green light. The country’s snack market is said to be very profitable, seeing a 400 percent increase between 2006 and 2016, per a 2019 study from China’s Ministry of Commerce.

America 130

America Study Marketing Capital 130

PYMNTS

OCTOBER 15, 2020

An SAP Concur study found that the Asia Pacific region could face losses of up to $21.5 Singaporean FinTech Finaxar has announced the launch of its Flex by Finaxar program, which will work with Visa to help small- to medium-sized businesses (SMBs) unify spend, payables and receivables, according to a press release.

Management 130

Management Regional Study Survey 130

Jeff For Banks

FEBRUARY 6, 2011

The productive view about the similarity of EAs is why haven’t we been doing some of the things required by regulators in the first place? Why do many, if not most of these orders contain Articles relating to strategic and capital plans? Banking is a highly regulated industry, and has been since the Great Depression.

Regulation 70

Regulation FDIC National Capital 70

PYMNTS

FEBRUARY 3, 2020

The CMA’s stronger position against digital platforms intersects with complaints about regulation inhibiting ingenuity and policymakers’ desire to entice expanded tech capital. A final report about the study’s results is expected in July of 2020. Deals being scrutinized by the CMA include Google’s proposed $2.6 Scrutiny of U.S.

US 151

US Resources Study Google 151

South State Correspondent

JANUARY 3, 2024

Chan Kim and Renee Mauborgne : Likely the most referenced strategy book in the world, this updated classic is based on a study of 150 strategic moves that shows that the highest probability of strategic success comes from creating “blue oceans” of untapped markets.

Leadership 370

Leadership Management Strategy How To 370

PYMNTS

DECEMBER 11, 2019

Regulators the world over are beginning to take a closer look at the alternative and marketplace lending business model. s P2P lenders are hoping that tighter regulations recently imposed by the country’s Financial Conduct Authority (FCA) can help restore the sector’s damaged reputation. More Focus on P2P Lending. In fact, the U.K.’s

Fintech 144

Fintech Lending Regional Regulation 144

CFPB Monitor

AUGUST 1, 2022

While the executive order focused on cryptocurrency and digital assets, it also more broadly directed agencies to take concrete steps to study and support technological advances and promote equitable access to safe and affordable financial services. .

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

PYMNTS

SEPTEMBER 25, 2019

A recent study from the American Banking Association (ABA) found that Facebook was the most widely used social media platform among FIs, with nearly 97 percent of the 430 surveyed banks engaging with customers on the platform. CUs also need to be cognizant of the strict regulations regarding social media communications.

social media 128

social media Study Survey United States 128

Abrigo

JULY 31, 2022

Takeaway 2 Financial institutions can use the statistics to gauge how aggressive or conservative regulators may view models. . To generate the Interest Rate Risk Statistics Report, OCC examiners collect data on how their regulated institutions are managing the interest rate risk variables and subsequent reported risk levels.

Report 195

Report Survey Comparison Regulation 195

Abrigo

MARCH 13, 2023

Boy, did that impact capital ratios. Deposit studies Lessons on concentration risks, deposit stability Concern over the stability of funds should always be a major discussion point at financial institutions as they consider deposit strategies. For SVB, many of their customers didn’t need loans.

Strategy 195

Strategy Lending Security Analysis 195

Abrigo

DECEMBER 15, 2016

which means their capital needs fluctuate. According to a 2015 Federal Reserve study , 47 percent of businesses with fewer than 500 employees had applied for credit in the past 12 months, but only half were able to secure all the credit they needed. businesses are sole proprietorships or small businesses. Small businesses in the U.S.

Lending 150

Lending Millennials Study Survey 150

BankUnderground

JULY 27, 2021

Following the global financial crisis in 2008, central banks around the world introduced tighter banking regulations to increase the resilience of the financial sector and reduce the risks of severe financial disruptions during economic downturns. In reality, this policy often takes the form of minimum capital or liquidity requirements.

Policies 102

Policies Capital Regulation Analysis 102

PYMNTS

JANUARY 31, 2019

According to a study by the accountant firm Price Bailey, restaurants are struggling because of the proliferation of delivery apps, and also the saturation of the market. Restaurants are capital-intensive businesses,” Pittman said. In 2018, there were 1,442 restaurant insolvencies, which is an increase of 40 percent from a year before.

Marketing 143

Marketing Study Data Examples 143

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M. Superintendent Maria T.

Online 100

Online New York Lending Regulation 100

PYMNTS

FEBRUARY 27, 2020

At the same time, digital banks are looking to capitalize on their growing small and medium-sized business (SMB) customer base, with open banking and bank-FinTech collaborations an important part of that strategy. Small businesses continue to embrace digital banking.

Fintech 192

Fintech Fraud Data Lending 192

PYMNTS

JANUARY 28, 2019

Capital One’s Earnings Flub. Though Capital One had lots of positive forward-looking statements to make after releasing its Q4 earnings information last week, its stock sank as what investors and analysts most noted was that the bank missed on both earnings and revenue. billion expected by analysts. billion, an increase of $5.7

Video 128

Video Data Google Cards 128

PYMNTS

DECEMBER 17, 2019

One study determined that roughly one-third of consumers have been victimized by fraud, leading them to contact their financial institutions (FIs) to change login credentials, cancel credit cards and guard against suspicious transactions. Fraud threatens everyone, yet customers rely on their banks for protection.

Technology 142

Technology Fraud Data Security 142