Sun.Feb 12, 2023

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How a Loan Hedge Leverages The Yield Curve – Part II

South State Correspondent

In a previous article , we discussed the three generic shapes of the yield curve: normal, inverted, and flat. We also pointed out that the current inverted yield curve is unusual and is expected to last for the near term. The average community bank’s cost of funding is highly correlated to Fed Funds and SOFR (for the industry, the correlation has been 94% with a six-month lag over the last 20 years).

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NatWest poised to report biggest profits since 2008 financial crisis

TheGuardian

Expected increase in bonus pool could prove controversial given cost of living crisis and government’s stake NatWest is set to reveal its largest annual profit since the 2008 financial crisis amid speculation that the taxpayer-backed bank will ramp up the size of its bonus pool just as consumers struggle with the cost of living crisis. The banking group, which is still 45% state-owned, is expected to report £5.1bn in pre-tax profits for 2022 when it reveals annual results on Friday, according to

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Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti

FICO

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. Saxon Shirley Tue, 03/29/2022 - 04:33 by FICO expand_less Back To Top Sun, 02/12/2023 - 20:55 Digital transformation and mathematical optimization were hot topics in 2022 as lenders continued to mobilize their offerings online, fe

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Australia should force banks to repay scam victims and adopt better protections, advocates say

TheGuardian

Calls for federal government to mandate the checking of account details before money transfers are made Follow our Australia news live blog for the latest updates Get our morning and afternoon news emails , free app or daily news podcast The federal government should take action to force banks to reimburse scam victims and check the account details match up on transactions to stop scams before the money is lost, consumer rights advocates say.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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PayPal halts stablecoin work due to crypto regulatory scrutiny

The Paypers

PayPal has decided to put its stablecoin project on pause for the time being as it tries to better understand the regulatory outlook of digital assets.

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