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SVB: Early lessons for all financial institutions from Silicon Valley Bank’s failure

Abrigo

Much attention has been placed on the sale of the securities portfolio at a loss and if that move itself was causal. But what we are not aware of is how leveraged these loans were and how the economic conditions that dried up the IPO market have impacted loan performance. Was the loan repayment plan based on the IPO?

Strategy 195
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Mitigating Risk With Payment Flexibility: Continuity In The Face Of Uncertainty

PYMNTS

This is true for the payments industry at large as well as for the vertical markets Flywire serves, including education, healthcare and travel. Like all of us, our clients are trying to navigate the best path to support their employees, customers, partners and community — and, of course, to protect their bottom line.

Payments 150
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Elan: The Positive Impact Of Payments

PYMNTS

Matt Carpenter, senior vice president and market director of Elan Financial Services , explores how his firm has responded to the drastic changes the pandemic has brought to the financial landscape and the world at large. "We Investments in artificial intelligence (AI) and machine learning became critical.

Payments 178
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Black Swans Are The Sandbox Of New Innovations

PYMNTS

Even those communities that are unbanked or underserved can choose to receive their Social Security and veterans benefits through reloadable, prepaid cards. Our GDP, the financial markets and key industries will recover over time. Clearly, this isn’t to say there won’t be negative effects as a result of this black swan.

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Enterprise Fraud Solution Buyers Want More Agility, More Data

FICO

To successfully fed off the onslaught of fraud, banks require solutions that give users real-time controls and the ability to deploy existing and custom-built models, both to improve speed to market and increase overall performance over time. Read the complete results from our survey in the eBook The Evolution of Fraud Management Solutions.

Fraud 52
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242 Startup Failure Post-Mortems

CB Insights

Fresco’s head of community marketing, Johnathan Hamiter, began sending employees private Slack messages saying funding seemed “pretty bleak” and encouraging them to look for other jobs. Imzy was created by former Reddit employees Dan McComas and Jessica Moreno as a safer, friendlier version of the popular community site.

Company 78