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Philippine remittances see first drop since 2001

Payments Source

The amount of money repatriated by Filipinos abroad fell last year for the first time since 2001 as the pandemic upended the global job market.

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Searching for the Priceline of Fintech after Lending Market Meltdown Week

Bank Innovation

You could have bought Priceline stock below $10 in 2001. For many years you had little to show for it. From then until 2008, you had some appreciation, but not much. Then the stock shot up above $1,000 (as of writing it is $1,261). Yes that is 100x return from Read More.

Lending 170
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Guest Post: 2Q Financial Markets and Economics Update - Second Quarter 2024

Jeff For Banks

Financial Markets Update – Second Quarter 2024 A dream vacation! We have many examples, notably 2000-2001, 2006-2008, and 2019, when restrictive rates impaired growth and recession followed. One of the components of the LEI which is up strongly is the S&P 500 stock market index, by +14.5%. But what about the ones who did?

Marketing 153
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Bonus episode: understanding pay and labour market tightness

BankUnderground

But bonuses could be really important to understand labour market tightness – a topic of much interest at the moment. Businesses appear to be using bonuses to attract or retain talent in today’s tight labour market, allowing them to compete for talent without locking themselves into higher permanent salaries.

Marketing 105
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"Do Not Pick up Nickels in Front of the Steamroller!"

SWBC's LenderHub

It seems like every time a sudden and severe shock hits the financial markets, all the fancy hedge fund investment strategies that use monikers like, “Enhanced Return,” or “Alpha Plus” go from being perfectly fine to gone within a month.

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Bitcoin Daily: Luxembourg Passes Blockchain Bill; Overstock tZERO Volume Sluggish

PYMNTS

Those investors and others who likely lost their shirts in the last 6 months on crypto and maybe even traditional market investments are the ones selling now.”. Luxembourg had already passed a bill to legally issue “dematerialized securities” in April 2013 through an amendment to a 2001 securities law.

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FinCEN AML/CTF Priorities Part 6: Transnational Organized Crime (TOC)

Abrigo

in 2001 began outlining strategies to combat transnational organized crime. A Focus Since 2001. In 2001, President Obama announced the Strategy to Combat Transnational Organized Crime. Break the economic power of transnational criminal networks and protect strategic markets and the U.S. Takeaway 2 The U.S.

Training 195