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Spreedly Adds Banking Exec As Chief Information Security Officer

PYMNTS

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.

Security 221
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As The IoT Grows, Can It Overcome Security Problems?

PYMNTS

The Internet of Things (IoT) is about much more than the actual things, of course. The funds will go toward scaling Zededa’s infrastructure, increasing R&D and expanding sales, marketing and customer success programs to provide greater support to its growing, global customer base.”. IoT Security Concerns. Security Upgrades?

Security 198
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Big Tech Faces Regulation Reckoning As 2021 Dawns

PYMNTS

Starting with some of the most recent changes — and a sign of what’s to come — earlier in the month, the European Commission offered up its initial draft of the Digital Services Act and the Digital Markets Act. which of course is Brexit-ing the EU). The watchdog would be known as the Digital Markets Unit.

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Disrupting The Security Deposit With Insurance

PYMNTS

The average security deposit in the U.S. And of course averages can be misleading — in Manhattan that rent average is over $4,000 a month, while in Wichita, Kansas (the least expensive market in the survey) rents are still well below $1,000 at $639 a month.

Security 132
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For Mastercard, QR Codes, Developing Market By (Developing) Market

PYMNTS

When it comes to payments, each market or country has its own preferences. Technology plays a role, of course, in making sure choice is varied, especially when it comes to retail. So it is that QR codes are seeing increased adoption across developing markets. India is a market that is taking off in digital in a big way.”

Marketing 102
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How to Set Your Strategic Planning Time Horizon

South State Correspondent

Of course, the situation gets worse as most banks, other than real estate, don’t invest with a ten-year or longer horizon. After adjusting for risk and cost, individual securities and loans perform approximately the same. Securities add no long-term value while loans contribute about 10% ( HERE ) to value.

How To 195
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Fair Value Accounting and Silicon Valley Bank Failure

South State Correspondent

Fair Value versus Amortized Cost The amortized cost of assets is the accounting treatment applied to securities known as held-to-maturity, or HTM. In the case of SVB, the bank’s HTM securities portfolio was $91.3Bn at the end of 2022, and the bank did not need to provide the fair value of these securities on its balance sheet.