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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. The larger issue here is that banks need to do a better job at collateral management in general. It turns out that confidence is more valuable than capital.

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Creating Installment Payment Plans For Accountants, Lawyers And Other Professionals

PYMNTS

But trying to save some money by getting good advice on the cheap is an exercise in futility, QuickFee CEO Bruce Coombes told Karen Webster in a recent discussion. Consider the example of a business that needs $10,000 of tax work done. The interchange fees on that are going to add up to a few hundred dollars.

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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

Despite that increase in profitability, banks need to be mindful of how they manage their branch and customer base to increase profitability further. Tax, accounting, phone repair, shared office space, coffee, and food spots have all been successfully tried to increase branch traffic like HomeTown Bank (MN) below.

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Building A More Compliant Cannabis Industry With The Blockchain

PYMNTS

Payments for goods between suppliers, wholesalers and retail distributors are in cash; payments to employees are in cash; tax payments are in cash; even paying the power company and water bill are contingent on cash. Where we come at it from, is there are not a whole lot of solutions available to the cannabis industry.

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Open banking APIs are open for business

Insights on Business

It used our cloud platform to create a “developer hub” that is offered to fintech as a platform for innovation. This start-up company grew to become one of the leading personal financial management platforms in Asia. By doing so, they can log in to an accounting platform and complete their tax return in a few minutes.

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Financial Crime: Technology can Transform Compliance

FICO

I also manage the partner channels and programs for our financial crime compliance solutions. In 2014, I joined Tonbeller as Head of Sales & Channel Operations and became Management Board member shortly thereafter. FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more.

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The Whole Paycheck Tracker: HQ Enhancements, Empathetic AI And Special Guest Bernie Sanders

PYMNTS

While wearables are able to track all kinds of things about their wearers — how much they exercise, when they are sitting or standing or how regular their sleep habits really are — they aren’t renowned for their ability to sense how their wearer is feeling emotionally speaking. “We AI Enhancement: A Wearable That Feels Your Pain.

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