South State Correspondent

APRIL 10, 2023

Fair value accounting measures assets and liabilities at current market value instead of historical or amortized value. Nonetheless, with the recent collapse of sizeable regional banks, regulators, investors, analysts, accountants, and bankers are now scrutinizing the fair value of banks’ securities and loan portfolios.

Community Bank 195

Community Bank Community Security Capital 195

PYMNTS

DECEMBER 4, 2019

Since partnering two years ago, Visa and NovoPayment have advanced digital payments across the region. In addition, Visa Token Services was introduced to the region for payouts, peer-to-peer (P2P) payments and B2B money movement. It’s a testament of our proven enablement model and commitment to collaboration.”.

America 132

America Regional National Fintech 132

South State Correspondent

FEBRUARY 27, 2024

Further, bankers need to be realistic about assumptions such as usage, probability of default and loss given default, and cross-sell opportunities (such as deposit size, deposit stickiness, and deposit costs) – all of these inputs are forward-looking and must be modeled, stress-tested, and adjusted with market changes.

How To 195

How To Community Bank Community Management 195

PYMNTS

NOVEMBER 14, 2016

It’s projected to be the future of marketing and commerce. The dedicated AR device market is projected to reach just under $660 million by 2018. And the combined AR/VR markets are projected to reach over $162 billion by 2020. Some national and regional markets are more willing to accept AR than others.

Security 100

Security Regional Data Examples 100

PYMNTS

MAY 22, 2020

Treasury’s difficulties getting relief money to individuals, has renewed calls for the government to accelerate its FedNow national real-time payments network, still not expected to be operational until at least 2023. The Paycheck Protection Program (PPP) disbursement fiasco, coupled with the U.S. The Fed’s Failure. Problem No.

Payments 344

Payments Policies Guidelines National 344

PYMNTS

JULY 16, 2020

The top court of the 28-nation bloc ruled the transfer of personal data to platforms in the U.S. Companies will have to choose between whether to move personal data to servers in Europe or stop doing business in the region. servers, The Wall Street Journal reported.

Data 212

Data US Regional Resources 212

PYMNTS

JULY 3, 2018

As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints. Those that felt ready had invested in knowledge of local markets and tax codes, new tech and/or new vendors. Chargehound. AvidXchange.

National 101

National Charlotte Regional Operations 101

PYMNTS

DECEMBER 10, 2020

the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. is accelerating market convergence for the Santiago Exchange. and Europe the ability to send secure funds to 12 nations in Africa for a reduced charge. Canada, Europe and U.K. Canada, U.K.

Payments 178

Payments Google Technology Taxes 178

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic has refocused scrutiny on the open banking ecosystem’s privacy and security.

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

OCTOBER 4, 2019

As digital identities fast become a part of everyday life, the identity verification market is expected to reach $12.8 Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59 billion by 2025. billion by 2024.

Online 144

Online Ohio Knowledge Base Regional 144

PYMNTS

FEBRUARY 6, 2020

And while enthusiasm for expanding opportunities to access the Chinese market and its billion-plus consumers is as avid as it’s ever been — as evidenced by last week’s announcement of PayPal and UnionPay’s global payments partnership — the bigger commerce story has expanded beyond China in the last few years.

Regional 154

Regional Marketing social media Online 154

PYMNTS

SEPTEMBER 6, 2016

.’s share of the global currencies trading market dropped to 37.1 New data from the Bank for International Settlements (BIS) has also confirmed what analysts have been eyeing in recent months, too: Asia is rising to the top of the global FX trading market. now accounting for 21 percent of the sector. China Rises.

Marketing 100

Marketing Regional Survey National 100

PYMNTS

JULY 24, 2020

These marketplaces need to have strong security approaches in place, however, to ensure they do not accidentally onboard any fraudulent sellers or let other scams be perpetrated across their platforms. How Global Freelancing Marketplaces Can Maintai n Security And Regulatory Compliance. Around The eCommerce Payments W orld.

Compliance 152

Compliance Report Payments Security 152

PYMNTS

JULY 22, 2019

Providing onboarding services in the Latin American market is both an exciting opportunity and a challenging one. If a firm needs to digitally onboard someone and verify them, we can help that company do that fairly seamlessly,” Samer Atassi, regional director, Latin America and Caribbean for Jumio, told PYMNTS in a recent conversation.

Innovation 161

Innovation Payments Regional America 161

PYMNTS

APRIL 10, 2020

Miguel Rio Tinto, CIO at Emirates National Bank Dubai (Emirates NBD), offered another approach to DX: a ground-up, far-reaching overhaul that not only includes technological improvements, but requires a significant shift in mindset as to how a bank is actually viewed. “They need to move in that direction.”

Technology 360

Technology Company Operations Payments 360

PYMNTS

JANUARY 8, 2019

In addition, Pakistan’s Telenor Microfinance Bank unveiled a cross-border remittance service based on Alipay’s blockchain technology, Indonesia’s KinerjaPay notched an investment of $200 million from a construction firm in the region and mobile payments are on the rise in China.

Regional 128

Regional blockchain Mobile United States 128

PYMNTS

JULY 22, 2019

Unfortunately, also adding heat this week was the world of fraudsters and hackers – with a few pretty sizable security blips and glitches. percent and the company lost about $178 million from its market cap. The hack reportedly happened at the end of June at Bulgaria’s tax agency – the National Revenue Agency (NRA).

Data 100

Data Security Fraud Indiana 100

PYMNTS

MAY 27, 2016

Apple Pay has secured some more support abroad in one of its newest markets. Global Payments , a provider of payment technology services, has thrown its support behind Apple Pay in order to help propel Apple Pay’s in-store acceptance in the region. Young, SVP of global product and innovation.

Apple 100

Apple Regional Innovation National 100

Bobsguide

APRIL 13, 2022

Dubai, UAE – April 13, 2022 – Finastra today announced that Banque Misr, the second largest national bank in Egypt with international presence, has selected Fusion Trade Innovation and Fusion Corporate Channels to digitalize its trade finance services and provide a premium user experience.

Regional 113

Regional Innovation User Experience Software 113

PYMNTS

JULY 17, 2020

He said that while small banks, credit unions (CUs) and regional players deeply fear being swept aside by the great digitalization wave that the pandemic has set off, their concerns aren’t actually unique to the financial industry’s smaller end. Instead, FIs must go digital in the ways consumers are seeking.

Regional 198

Regional Cards National Trends 198

PYMNTS

JULY 16, 2019

One of the challenges regional and community banks and credit unions face is the complexity of physical data integration in their data centers,” said Prasanna Narayan, head of product at Ondot. A key concern we hear about from customers is security and compliance,” Narayan said.

Innovation 128

Innovation Compliance User Experience Cards 128

Abrigo

DECEMBER 18, 2023

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits. The impact is not consistent.”

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. Confronting the Chinese Privacy Myth .

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

AUGUST 16, 2019

Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., “The nation’s two largest metropolitan areas are home to a majority of our commercial lending and banking clients,” said Greg Garrabrants, president and CEO of Axos, in a statement.

Los Angeles 101

Los Angeles New York FDIC Lending 101

PYMNTS

DECEMBER 12, 2018

As related by Forbes , and as stated by Stephen Scharf, the DTCC’s chief security officer via a statement, “DTCC embraces the promise that fintech innovations hold to further mitigate risk and reduce post-trade costs.

Samsung 137

Samsung blockchain Regional System 137

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. The potential impact of the crisis on open banking’s future in the region is a different story, however.

America 165

America Regulation Regional Tools 165

Jeff For Banks

DECEMBER 16, 2023

My guess is that the duration of money market accounts in most ALCO models were in the 3-6 year time frame but when rates went up 500 points in the real world, these longer duration "core deposits" actually left the bank or repriced much faster than anticipated as banks worked to retain these accounts.

NJ 112

NJ Groups Regional Course 112

PYMNTS

JULY 21, 2020

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

JULY 17, 2019

In an interview with Karen Webster, Trulioo General Manager Zac Cohen took a multi-market look at government and thematic approaches to setting (and settling on) ID infrastructures. It remains to be seen how such oversight might carry over, or not, into other markets. But looking globally, a fragmented landscape frames the debate.

Course 185

Course Regional Policies Data 185

PYMNTS

MARCH 6, 2019

On Friday (March 8), the world will recognize International Women’s Day — celebrated globally since 1975, when it was adopted as a holiday by the United Nations. Seventy-three percent of female founders reported “great difficulty” in securing enough capital to get their businesses off the ground.

Regional 179

Regional Capital Study Leadership 179

PYMNTS

FEBRUARY 4, 2019

Failure to meet AML/KYC requirement challenges can be costly for FIs, too, with regulators issuing heavy fines for lax security practices or failure to devote sufficient resources to oversight. The United Nations Office on Drugs and Crime (UNODC) estimates the market for global money laundering is worth approximately $2 trillion per year.

How To 161

How To Regulation Compliance Meeting 161

Ublocal

APRIL 6, 2023

With many pandemic-related food relief programs ending—including increased SNAP benefits and free school lunches —as well as rising inflation and food costs , the risk of food insecurity for residents across our region is ever-growing. It’s also something that we can all work on together to eliminate.

New Hampshire 52

New Hampshire Vermont Community Regional 52

FICO

JULY 31, 2019

regions, cloud)? Tools such as the ABC National Risk Score in the US, which provides a general rating of cyber risk for benchmarking, and the FICO® Cyber Risk Score, which provides company- specific metrics, may be leveraged in combination to provide a directionally correct view of relative risk. Where does the vendor operate (e.g.,

Cyber Security 70

Cyber Security Management Security Risk Management 70

PYMNTS

AUGUST 15, 2019

So, we are trying to integrate with local switches to complete the last leg of the transaction,” said Kiran Shetty, chief executive officer and regional head, India and South Asia, SWIFT, in a statement as reported by the site. In India, that test would come through trials conducted through the National Corporation of India.

Software 128

Software Regional Payments Report 128

PYMNTS

SEPTEMBER 22, 2020

The experience of the mall CMBS [commercial mortgage-backed security] from Starwood is certainly symptomatic of the larger narrative,” said Christopher Sullivan, chief investment officer of United Nations Federal Credit Union, as reported in Yahoo! We are relatively lean, so we are a close-knit team that communicates well.

Philadelphia 206

Philadelphia Retail DC Detroit 206

PYMNTS

JANUARY 7, 2019

“As a traveler, it is essential that you are able to pay in a way that is convenient, secure and widely accepted,” Ctrip VP Zhengmao Hu said in the announcement. ” The move comes as China National Tourism Administration statistics showed that travelers from China made roughly 131 million international trips last year.

Cards 168

Cards Groups Payments Regional 168

PYMNTS

NOVEMBER 17, 2019

Hoesley also previously led the midwest region for Silicon Valley Bank, and was a partner at Prism Capital, a middle-market provider of venture capital and mezzanine debt. He was a technology banker with Wells Fargo Securities and RBC Capital Markets before launching CIBC’s Innovation Banking practice.

Groups 116

Groups Innovation Capital Leadership 116