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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

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Defending the bank's capital levels

Abrigo

The Recession and its subsequent rate of bank failures underscore the need for banks of all sizes to invest in developing a capital plan. The Recession taught many institutions that whatever processes had been in place for managing capital were not sufficient. The result was insufficient capital. Forward-looking review 4.

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IPO-Bound Credit Sesame Raises $43M Led By ATW Partners

PYMNTS

CEO and Founder Adrian Nazari said the company is already profitable, with revenues growing 90 percent annually since 2014. Led by ATW Investors, the funding also includes previous investors Menlo Ventures, Inventus Capital, Globespan Capital, IA Capital Groups, Symantec, Capital One Ventures and Stanford University.

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How to prepare for Basel III

Abrigo

Following the recent financial crisis, the Basel Committee of Banking Supervision (BCBS) set out to “strengthen global capital and liquidity rules with the goal of promoting a more resilient banking sector.” The three pillars include maintaining minimum capital requirements, a supervisory review process and market discipline.

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Wealth Management App Grain Revisits the Shark Tank [VIDEO]

Bank Innovation

It was his first trip back since 2014, when he hosted a Shark Tank-style event for university students. Kevin O’Leary of Shark Tank, the favorite TV show of entrepreneurs everywhere, made a return visit to Notre Dame University in South Bend, Ind., in January. This year he was treated to a surprise: Read More.

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Fortino Capital Backs Dutch T&E Firm Declaree

PYMNTS

Fortino Capital Partners revealed that it has invested in Declaree , expanding its portfolio of travel and expense management companies. Founded in 2014 by Bas Janssen, Bart Jochems and Jasper Spoor, Declaree aims to simplify and facilitate paper-based expense management processes.

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Chuck E. Cheese Seeks Loan For Debt Payment

PYMNTS

And while some of the chain’s locations started to reopen last month, the company has been burning cash with the majority still closed, and it has to now look into raising more capital. Cheese was exploring the idea of going public last year, after being taken private in 2014 by owner Apollo Global Management.

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