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5 Steps to Better Treasury Management

South State Correspondent

Part of this ROE value is driven by an average beta of 9 for a TM customer compared to an average beta of 50-60 for a money market or other interest-bearing deposit account. If they do market, it is to every commercial customer in the footprint, which often results in suboptimal marketing results.

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Wirecard Probe Pushes German Government To Release Talks With CEO

PYMNTS

Once a rising star on the world stage, the $28 billion financial technology giant declared insolvency last month, the equivalent of a bankruptcy filing in the U.S.; billion went missing from two Philippines banks that Ernst & Young said was the result of a sophisticated global fraud.

Fraud 156
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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become more broadly adopted in everyday commerce. . Keeping An Eye On Fraud.

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Banks Fight Back Against ‘Fake Grandchild’ Scammers Who Target Seniors

PYMNTS

Get ready for even more fake grandchildren when it comes to payments fraud. Treasury Department tell the main story: Banks in 2018 reported 24,454 suspected instances of elder financial abuse. Treasury stats are a reminder of the role that seniors play both in banking and as targets of fraud. Fresh statistics from the U.S.

Fraud 187
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Boosting Access To Financial Services In Brazil

PYMNTS

As fraudsters get more brazen and inventive in the digital information ecosystem, many companies are realizing they can’t thwart these bad actors on their own, and must instead turn to new partnerships in their fight against fraud. Deep Dive: Making National IDs Biometric-Friendly.

Wyoming 134
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Brussels To Investigate German Regulator Over Wirecard

PYMNTS

Valdis Dombrovskis , the European Union’s (EU) executive vice-president in charge of financial services policy, said Wirecard’s collapse threatens investor trust in the EU, the newspaper reported. On Monday (June 22), he was arrested on charges of misrepresenting Wirecard’s accounts and market manipulation. million) bail. .

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AI, Security And Loosened Rules: How The US Wants To Boost FinTech

PYMNTS

Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech in the United States, according to report released Tuesday (July 31) by the U.S. financial technology efforts. Treasury Department. FinTech Sandboxes.

Fintech 194