Chris Skinner

DECEMBER 2, 2016

Revising bank-capital standards Singapore to ban ex-Goldman banker amid 1MDB probe Rule breakers face bigger possible fines from CME Group Banking app … The post Things worth reading: 2nd December 2016 appeared first on Chris Skinner's blog.

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Capital Groups Management 150

Chris Skinner

OCTOBER 26, 2016

Things we’re reading today include … Metro Bank on the cusp of a maiden profit Lenders hurt by low interest rates and tough capital rules, admits Bank of England Santander rattled by EU referendum The new City watchdog will work with the Square Mile, not against it New FCA boss promises an end to the … The post Things worth reading: (..)

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Metro Capital 150

Chris Skinner

OCTOBER 17, 2016

Things we’re reading today include … Pound fall a ‘shock absorber’, says BoE’s Ben Broadbent Visa CEO Charles Scharf to resign, ex-AmEx president to take over Deutsche Bank’s options to solve capital dilemma seen to be limited RT: NatWest to close Russian channel’s UK bank accounts Bank of America enjoys best (..)

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America Capital 150

Chris Skinner

AUGUST 14, 2016

Things we’re reading today include … App-only bank Mondo just got a banking licence Royal Bank of Scotland to disappear for customers outside Scotland How your bank spies on your exact monthly income – and shares it with other firms Bank of England considers easing challenger burdens Only the Conservatives can fix capitalism China (..)

Capital 150

Capital 150

Chris Skinner

JUNE 2, 2016

Things we’re reading today include … Bank of America worker fired after posting vile racist rant Fed Governors Signal Bigger Bank Capital Requirements Looming PayPal Isn’t a Bank, But It May Be the New Face of Banking Swift threat to suspend weak members Flash the plastic – Bank of England unveils untearable £5 note US … The post (..)

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America Capital US 150

PYMNTS

JUNE 24, 2019

Capital One Financial Corporation announced Friday (June 21) that it has reached an agreement to acquire purchase-to-payment and credit management company BlueTarp. In a press release , Capital One pointed to augmented B2B finance capabilities as a result of the takeover, particularly for small and medium-sized businesses (SMBs).

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PYMNTS

FEBRUARY 18, 2019

Capital One has announced the launch of Business CreditWise , an online tool that enables U.S. Business CreditWise is available to any business in the United States — not just Capital One customers. businesses to check their credit profiles.

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Capital Report Tools United States 127

PYMNTS

JANUARY 10, 2019

Alternative small business (SMB) lending platform CAN Capital announced on Wednesday (Jan. CAN Capital added Siciliano from commercial financing company Marlin Business Services , where he served in a variety of roles, including CEO and chief operating officer. 9) that Edward J.

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Capital Leadership Customer Experience Lending 134

Bank Innovation

JUNE 23, 2016

Pat Grady, General Partner, Sequoia Capital Zappos, Xoom, YouTube, DropBox, Tumblr, are just a few of the companies in Sequoia Capital’s portfolio. The list goes on and on, so no wonder this venture capital firm is dubbed Silicon Valley’s “innovation factory.” Pat Grady – now a partner at Sequoia Read More.

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Bank Innovation

APRIL 11, 2016

The results of the survey, titled 2016 Survey of U.S. Marketplace Lending, show that half of investors surveyed have capital allocated for marketplace lending. Investors see a sunny future for marketplace lending, according to a survey released today by Richards Kibbe & Orbe LLP (RKO) and Wharton Fintech. The Read More.

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PYMNTS

JULY 25, 2018

Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital. Square Capital is likely to see a significant boost to its financing volumes. Square Capital is likely to see a significant boost to its financing volumes.

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PYMNTS

APRIL 29, 2019

Securities and Exchange Commission has appointed members to its newly-formed Small Business Capital Formation Advisory Committee as it works to support small business access to capital. The SEC’s new advocate for small business capital formation, Martha Legg Miller, and 15 other members are also a part of the team, reports said.

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Capital Lending Regulation Report 108

PYMNTS

DECEMBER 15, 2017

Credit card services provider TSYS announced Friday that it has extended its existing agreement with Capital One Financial Corp. Under the terms of that pact, TSYS will continue to provide processing services for Capital One’s North American roster of accounts, a list that spans both consumer and commercial credit card accounts.

Capital 110

Capital Cards Risk Management America 110

Bank Innovation

FEBRUARY 16, 2017

Venture capital-backed fintech companies in the U.S. Venture capitalists were not buying it last year. saw a drop in both deals and funding volume last year. Fintechs raised $5.5 billion across 422 deals, compared to $7.7 billion (and 459 deals) in 2015 – a 29% drop, according to the Global Fintech Read More.

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PYMNTS

JULY 25, 2018

Cabot Square Capital, a U.K. With a specialty in car loans, 321 Crédit has been a Cabot Square Capital company since 2014. With a specialty in car loans, 321 Crédit has been a Cabot Square Capital company since 2014. The move on the part of Cabot Square Capital comes at a time when big banks have been pulling back from the $1.2

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PYMNTS

DECEMBER 30, 2016

FinTech is no stranger to this pattern, and while venture capital levels have seemed to dwindled in certain markets (analysts found VC funding down by 29 percent in 2016 compared to last year), B2B startups remain the apple of many investors’ eyes. India saw a particularly lucrative year. India saw a particularly lucrative year.

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Capital National Resources Apple 124

Bank Innovation

JUNE 15, 2016

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.

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Innovation National Fintech social media 150

Bank Innovation

NOVEMBER 4, 2016

Square reported its third quarter 2016 earnings this week, and it’s not a particular surprise that the company exceeded all expectations: for the third consecutive quarter Square surpassed its expected metrics with a GPV of $13.2 billion, up 39% year over year. As was the case last quarter, CEO Jack Dorsey attributed Read More.

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Company Capital Report Cards 150

PYMNTS

MAY 10, 2018

PayPal has released new data regarding the volume of financing placed with small business borrowers via the PayPal Working Capital solution. Reports in IBS Intelligence on Wednesday (May 9) said PayPal Working Capital has provided U.K. That compares with its 116 percent year-over-year volume increase between 2016 and 2017.

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Capital Meeting Data Report 116

PYMNTS

DECEMBER 1, 2017

A federal appeals court has revived a proposed class-action lawsuit accusing Capital One Financial Corp. We’re pleased with the outcome,” said Matthew Wessler, a lawyer for the plaintiff Tawanna Roberts, a Capital One customer in New York City. Capital One did not respond to a request for comment.

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Capital New York City New York Policies 116

Abrigo

MARCH 6, 2016

Fifty-one percent of bankers and board members surveyed in the 2016 Bank M&A Survey by Bank Director and Crowe Horwath LLP reported their banks intend to make a purchase in the next 12 months. Nearly half (47 percent) cited capital constraints, and 41 percent said banks don’t want to sell.

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Capital Survey Meeting Resources 150

Abrigo

AUGUST 16, 2016

Greater than 81% of the 595 bankers who replied said that they expect the largest impact will be seen in the capital reserve levels, disclosure criteria and the involvement in the calculation across departments within the institution.

Risk Management 150

Risk Management Management Analysis Analytics 150

Abrigo

NOVEMBER 19, 2015

Bank Director’s 2016 Bank M&A Survey , sponsored by Crowe Horwath, was recently released and offers insight on current M&A trends in the banking industry. Here are several other highlights from Bank Director’s 2016 Bank M&A Survey: • Only 8 percent of respondents feel the current environment is less favorable for M&A.

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Survey Risk Management Industry Compliance 150

Bank Innovation

NOVEMBER 25, 2019

Roady, who has been on MoneyLion’s board of directors since 2016, was previously a founding partner at GAIN Capital and president of its global retail brokerage business. Personal finance, banking and investment platform MoneyLion has named Samantha Roady chief operating officer as it makes moves to expand its customer base.

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Innovation Capital Retail Operations 293

PYMNTS

AUGUST 27, 2018

To enhance liquidity, ATM servicer and software provider Diebold Nixdorf has secured a $650 million capital commitment from two institutional lenders and started a process to amend its existing credit agreement. However, earlier this month, 13 percent of the remaining holders asked to be paid, totaling around $255 million.

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Capital Security ATM Software 109

Abrigo

JULY 19, 2016

The 2016 Risk Management Summit features experts from the American Bankers Association, CliftonLarsonAllen, Crowe Horwath, Grant Thornton, KPMG, and Promontory Financial Group, among others. What does ASU 2016-13 say about modelling? What are examples of potential approaches, and what are their respective strengths and weakenesses?

Risk Management 150

Risk Management Management Analysis New York 150

PYMNTS

DECEMBER 1, 2017

The latest survey by Capital One suggests treasurers still have an appetite for new tools and technologies. Capital One’s Treasury Management Services published its latest survey at the Association of Financial Professionals’ annual conference, held last month.

Tools 100

Tools Capital Mobile Survey 100

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

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Innovation Seattle Fintech Company 150

Bank Innovation

JANUARY 14, 2020

Shopify, which has been offering loans through the Shopify Capital program to merchants on its platform since 2016, is rolling out starter loans to support businesses at their earliest stages of development, explained […]. businesses.

Capital 273

Capital Operations Marketing Lending 273

Abrigo

AUGUST 2, 2017

Based on Sageworks’ surveys, financial institutions expect the largest impact under CECL will be related to capital and changes in reserve levels. Capital was selected as the answer by 39 percent of respondents. Regulators plan to monitor changes to institutions’ regulatory capital as the new credit loss methodology is adopted.

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Capital Survey Resources Community 150

PYMNTS

OCTOBER 1, 2018

in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender in 2016. I apologize to our customers for the inconvenience caused in 2016.”. Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m What’s more, it said customers faced disruptions in normal service.

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Fraud Security Resources Operations 134

Chris Skinner

MARCH 31, 2016

MetLife ruling bolsters other firms arguing systemic unimportance GE Capital asks U.S. Things we’re reading today include … Does ‘pay by app’ mean an end to shopping queues? government to lift ‘too big to fail’ designation Co-op Bank on hunt for chief executive World’s top banks in U.S. …

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Capital System 150

PYMNTS

DECEMBER 28, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Capitulation . The year 2016 was the year of capitulation by FinTechs to the traditional banking industry.

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Payments eBook Fintech Regulation 128

PYMNTS

SEPTEMBER 23, 2016

There’s been a dearth of IPOs this year — so much so that 2016 will go down as a banner year of less than plenty for investment bankers who rely on fees from this corner of the market, depressed as it is to a multi-decade low. WSJ noted that it is access to cheap capital that has stymied the traditional paths to filling corporate coffers.

United States 100

United States Capital Marketing Report 100

PYMNTS

NOVEMBER 13, 2017

small- and medium-sized businesses (SMBs) have a lot of working capital on the books, consumers across Asia still use a lot of cash, merchants are becoming more omnireadi, demand for gym management software solutions is on the rise and business professionals are using far too many apps to get through their daily tasks.

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Capital Management Data Software 108

Bank Innovation

JANUARY 9, 2017

Top seed investors in the New York startup community showed their muscle in the final quarter of 2016 and are likely to continue doing so in the coming year, says a new report from Primary Venture Partners. Among the winners in an otherwise difficult year for startups were fintech companies like Read More.

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New York Community Fintech Report 150

PYMNTS

MAY 28, 2018

Both retailers are owned by private equity firm Golden Gate Capital, which has not decided whether to merge the two companies and has declined to comment. We believe in the future of the company, as reflected by our significant injection of new capital into the business.”.

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Capital California Retail Washington 100