Bobsguide

FEBRUARY 7, 2018

However, after the financial crisis in 2008, while other industries have been concentrating on. Digitalisation seems to be transforming businesses across every industry. It is an actively discussed topic around the world and widely included in the strategies of companies, institutions, and societies.

Customer Experience 138

Customer Experience Management Strategy Industry 138

PYMNTS

JUNE 29, 2020

Wirecard explained that the money was kept that way for risk management, saying it could be saved to provide refunds or chargebacks if needed. WSJ reported on one instance in which an EY senior manager left a note for a Wirecard executive saying EY was preparing to ask questions about a trustee account.

Fraud 327

Fraud Risk Management Report Management 327

PYMNTS

FEBRUARY 27, 2020

The bank plans to keep its eyes open for smaller mergers that could help build its asset management unit, said CFO Jon Pruzan at an investor conference on Thursday (Feb. Wealth management deals are off the table for now, though, he noted, while Morgan Stanley finishes the $13 billion acquisition of E-Trade. financial industry.

Management 140

Management Conference Regional Company 140

PYMNTS

JANUARY 24, 2021

Payoneer is supported by investors such as Viola Ventures, Ping An, Greylock Partners, TCV and Wellington Management Co. Iain McNicoll , Payoneer’s vice president for SMBs in the Americas, told PYMNTS in September that small companies started eyeing the digital ecosystem over 10 years ago in the midst of the 2008 financial crisis.

Report 314

Report America Google National 314

PYMNTS

SEPTEMBER 20, 2020

The Wall Street Journal (WSJ) reported the industry is making a stronger comeback than after the 2008 financial crisis, contrary to the predictions the pandemic could paralyze trade permanently. While most sectors have suffered from the pandemic, global trade has proved remarkably resilient. Still, a complete rebound will take time.

Massachusetts 239

Massachusetts Regional Data Report 239

Perficient

FEBRUARY 23, 2021

The financial crisis of 2008 and 2009 highlighted the need for timely data to identify and monitor liquidity risks at individual firms, as well as in aggregate across the financial system, especially with respect to intra-company flows and exposures within a consolidated institution.

Report 309

Report Risk Management Data System 309

PYMNTS

DECEMBER 20, 2020

Jiwei was speaking at a wealth management conference. Reuters reported that Chinese officials last week invoked a pro-competition law for the first time since its 2008 inception to levy fines against companies such as Ma's Alibaba Group. A cap also would support competition, he said, according to Reuters.

Fintech 256

Fintech Groups Conference Regulation 256

PYMNTS

JULY 17, 2019

Historically, banks are taking a reactive approach to risk: reactionary measures were largely behind financial institutions’ pullback from the small business lending market following the 2008 global financial crisis, for example. On top of that balancing act is the rising pressure of regulatory compliance, too.

Data 130

Data Management Analytics Compliance 130

PYMNTS

DECEMBER 18, 2020

Credit Suisse has been indicted by Swiss prosecutors for allegedly failing to prevent money laundering, Bloomberg reports, adding that a former bank manager was also indicted alongside Credit Suisse. The case in question goes back to 2008 when a Bulgarian wrestler was investigated for reportedly turning to drug trafficking.

Compliance 203

Compliance Report Regulation Innovation 203

PYMNTS

NOVEMBER 4, 2020

The San Francisco-based loan marketplace operator also said it’s well-positioned to navigate the current environment and complete the acquisition next year of Radius Bancorp , which LendingClub management called its “top strategic priority.”. However, Sanborn also acknowledged that there are still areas of concern given that U.S.

San Francisco 278

San Francisco Management Company Fintech 278

PYMNTS

SEPTEMBER 21, 2020

The sell-offs should be limited, though, given abundant central bank and government support, according to Candice Bangsund , vice-president and portfolio manager at Fiera Capital , quoted by FT. Global trade, on the other hand, is proving strong thus far, making a bigger comeback than it did after the 2008 financial crisis, PYMNTS reported.

Policies 261

Policies Report Meeting Capital 261

PYMNTS

DECEMBER 9, 2020

Lukies said that prior to the 2008 financial crisis, regulators and the like normally left banks to their own devices, as long as they didn’t mess it up so that people couldn’t pay their bills or go shopping. Before 2008, banks were making a lot of money from a lot of things,” noted Lukies.

Innovation 306

Innovation Fintech Payments Regulation 306

Bank Innovation

MAY 5, 2016

Roberto Ferrari, is the general manager of the retail bank Chebanca!, created in 2008 in the Mediobanca Group, the main investment bank in Italy. In the Pirates with Ties interview series, we are interviewing people who are leading digital transformation and innovation in major Financial Institutions.

Retail 150

Retail Maine Groups Innovation 150

PYMNTS

APRIL 13, 2020

To set the stage, and as communicated by JPMorgan CEO Jamie Dimon in a letter to shareholders earlier in the month, “we don’t know exactly what the future will hold — but at a minimum, we assume that it will include a bad recession combined with some kind of financial stress similar to the global financial crisis of 2008. and the U.K.,

America 312

America Cards Mobile Report 312

South State Correspondent

JULY 12, 2023

Machine learning financial management tools become more meaningful with increased payment data contained in the messages. In Europe, where Faster Payments have been around longer (since 2008), that number is 15% and should move to 25% by the end of the year. Payroll can move to daily payment. Micro-payments and tipping get digitized.

Payments 370

Payments Management Fraud Data 370

Bank Innovation

MAY 15, 2016

From then until 2008, you had some appreciation, but not much. You could have bought Priceline stock below $10 in 2001. For many years you had little to show for it. 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

Lending Marketing Fintech Capital 170

PYMNTS

FEBRUARY 25, 2019

The banking giant, which bought the longstanding Wall Street firm during the financial crisis in 2008, now plans to rebrand most of its wealth-management business as just Merrill. When Bank of America bought the ailing firm, it helped the bank become a large player in the investment banking and wealth management fields.

America 164

America Management Branding Security 164

Perficient

JUNE 18, 2020

In 2008, Bryan Dougherty, now our General Manager, created the original Tech Challenge. The original game was built in 2008 using WPF and WCF. The Components project was a shared assembly that contained the classes that managed the communication and the logic of the game as well as class definitions for all of the ships (i.e.

Regional 332

Regional Technology Management System 332

Gonzobanker

DECEMBER 12, 2024

Not if you trust various Industry experts who predict that half of all board and senior management positions will turn over to fresh facesby the end of 2025. In 2008, Chip Mahan and the team at L ive Oak Bank set out to revolutionize banking with a mission to become Americas small business bank. The catalyst? Transparency. Consistency.

Leadership 126

Leadership Industry Strategy Examples 126

PYMNTS

APRIL 9, 2020

“ITOCHU Corporation will further contribute to the growth of Paidy by supporting them in enhancing their management, human resources, merchant network and development of new services,” Kato said. . Founded in 2008 by Lee Smith and Russell Cummer, Paidy has raised $224.6 million across seven funding rounds.

Customer Experience 230

Customer Experience Resources Fintech Fraud 230

PYMNTS

APRIL 7, 2020

Goldman Sachs Group – accuses the investment bank of suppressing secret dealings with a notable hedge fund manager as well as other conflicts of interest prior to the 2008 financial crisis. The class-action lawsuit – the Arkansas Teacher Retirement System v. Securities and Exchange Commission (SEC) investigation.

Arkansas 200

Arkansas Security Fraud Management 200

PYMNTS

DECEMBER 11, 2020

percent of proposed mergers from 2008 to 2016. M&A activity is expected to escalate post-pandemic, Doug Brown, digital banking senior vice president and general manager at NCR, told PYMNTS. . David Evans, chairman of Global Economics Group, said in a PYMNTS roundtable that competition authorities challenged just 2.8

social media 205

social media Digital Banking Groups Innovation 205

Bank Innovation

NOVEMBER 21, 2016

The Financial CHOICE Act, proposed by Texas Congressman Jeb Hensarling earlier this year, is a measure aimed at overturning or heavily modifying many of the regulations put in place after the 2008 financial crisis. The act has recently fallen under scrutiny from Wall Street as the president-elect championed a lessening of Read More.

Texas 150

Texas Fintech Regulation Management 150

PYMNTS

MARCH 27, 2020

It’s too soon to tell how coronavirus will impact the venture capital ecosystem, but some analysts are turning to the economic crisis of 2008 to make some educated guesses. In a recent report, CrunchBase looked back at how VC investors reacted to the market downturn over a decade ago.

Cards 181

Cards Fintech Capital California 181

South State Correspondent

AUGUST 7, 2024

The question is interesting given that almost every bank is going after the high-balance commercial customer, and most do that by highlighting their analyzed transaction account product within treasury management. Background on Account Analysis After the 2008 financial crisis, the Dodd-Frank Act was passed in 2010.

Analysis 195

Analysis How To Strategy Management 195

PYMNTS

JUNE 29, 2016

Chris Herbert, managing director of Harvard’s Joint Center for Housing Studies, cites many factors for the anticipated surge in new millennial households. Millennials, too, are now better secured in their jobs (or actually have one now), and – typically – making more money than when the market crashed in 2008. That number hit 21.3

Millennials 186

Millennials Study Trends Marketing 186

Perficient

JUNE 25, 2024

Learning from history, he referenced the lack of regulatory controls in derivatives and financial engineering before the 2008 financial crisis, and more recently, the unregulated growth of cryptocurrencies leading to the “Crypto Winter” of 2022.

Case Study 221

Case Study Risk Management Analysis Innovation 221

PYMNTS

FEBRUARY 11, 2020

Besides engineering, we are investing in growing and scaling data science, analytics, and product management organizations to transform Hyderabad into a full spectrum tech site for Uber.”. billion earlier in January and started in 2008. of India (NPCI). Zomato was valued at $3.55

San Francisco 186

San Francisco Fintech Analytics New York 186

Abrigo

DECEMBER 14, 2014

Many would point to imprudent lending standards as a leading cause of the financial crisis of 2008, and in turn, financial institution regulators have since bolstered lending standards and capital thresholds as a preventive measure against a similar crisis.

Guidelines 223

Guidelines Payments Lending Capital 223

South State Correspondent

APRIL 10, 2023

CRE Risk Circa 2008 If all this feels too familiar, these are the same conditions that were present in late 2007 when the Fed raised overnight rates from 1.00% to 5.25%, and many financial institutions had a negative market-to-market on their assets. At the start of the year, pricing reverted to its mean of around 247.

Community Bank 195

Community Bank Community Los Angeles Regional 195

PYMNTS

JANUARY 7, 2019

During the 2008 financial crisis, politicians had to decide whether to bail out failing major banks or let them go bankrupt. It is the fact that the Banco Popular resolution has been flawed at almost every point in its evolution,” said Richard East, co-managing partner at Quinn Emanuel, a law firm for the bondholders.

System 183

System Operations Management Regulation 183

PYMNTS

JANUARY 7, 2021

SoFi partnered with Samsung and Mastercard to launch a new cash management account feature with no fees. Founded in 2011, SoFi has worked to leverage lending after the 2008 financial crisis, focusing on student loan refinancing. Noto — formerly an investment banker with Goldman Sachs — has expressed wanting to go public via a SPAC.

Samsung 183

Samsung Capital Lending Innovation 183

PYMNTS

APRIL 23, 2020

“As credit unions help their members manage through the current COVID-19 crisis, it’s more important than ever for CUSOs like PSCU to partner with credit unions to help them and their members weather the storm of uncertainty,” PSCU EVP and Chief Operating Officer Tom Gandre told PYMNTS. and global economies.

Fraud 159

Fraud Tools Policies Operations 159

Abrigo

DECEMBER 22, 2023

Takeaway 2 Management reports, probability of default, and model validation topics were found in the top blogs for risk professionals. Takeaway 3 Updates on interest rate forecasting and best practices for managing CRE risk were among the most-read blogs. The FASB’s description of proposed changes can be found here.

Risk Management 221

Risk Management Regulation Management Lending 221

Perficient

AUGUST 16, 2023

He was promoted to President and CEO in 2008. To speak to a Perficient consultant about RCSA or any of Perficient’s risk management and regulatory capabilities, click here. In 2017, the bank was converted from its National Charter to a Kansas state-chartered bank and renamed Heartland Tri-State Bank.

United States 221

United States Kansas FDIC Risk Management 221

PYMNTS

APRIL 14, 2020

As is the case today, albeit on a far smaller scale, the market crash of 2008 left millions unemployed and scrambling. New laws like California’s Assembly Bill 5 (AB5) and many others have also created new compliance hurdles for companies employing gig workers that must be managed.

Millennials 224

Millennials Compliance Payments National 224

PYMNTS

SEPTEMBER 4, 2020

As the number of Spanish banks has dwindled to just a dozen, down from 55 since the financial crisis of 2008, regulators have continued to advocate for mergers. A combined Bankia-Caixa name would become Spain’s largest lender by market share in loans and deposits, the news service reported.

New York 188

New York Regulation Customer Experience Report 188