Jeff For Banks

FEBRUARY 21, 2025

Ten years ago I wrote What's Your Well-Capitalized on these pages. Today, we have not done much about it because we have relied on that lazy space using the regulatory definition of well capitalized. One slide, however, dealt with this very issue of "what's your well-capitalized." Or at least regulatory expectation of it.

Capital 101

Capital Conference Tools Strategy 101

Accenture: Banking

AUGUST 20, 2024

Virtual cards, which offer businesses an efficient and secure way to make payments without a physical card, are considered to be a value-added service by businesses who… The post How commercial card issuers can capitalize on the rise of virtual cards appeared first on Accenture Banking Blog.

Cards 362

Cards Capital Security Marketing 362

Payments Dive

MAY 24, 2024

The retail behemoth and its credit card issuer said in a terse, joint press release Friday that they’re parting ways.

Capital 417

Capital Retail Cards 417

Payments Dive

MARCH 7, 2024

With its acquisition of the card network, Capital One seeks to elevate Discover’s brand while also working to expand its acceptance abroad.

Capital 305

Capital Branding Cards 305

Payments Dive

NOVEMBER 4, 2024

Some of the corporate investors are also partnering with the accounts payable and receivable company they’re backing.

Capital 404

Capital Company 404

Payments Dive

JANUARY 21, 2025

Fidelity National Information Services blamed a local power loss and hardware failure for the issue, which Bank of Oklahoma said affected more than two dozen financial institutions.

Oklahoma 370

Oklahoma Capital National 370

Payments Dive

NOVEMBER 5, 2024

If the Justice Department were to block the Capital One-Discover deal while also going after Visa, “they’d be intellectually inconsistent,” a George Mason University law professor said.

Capital 243

Capital 243

Payments Dive

MAY 15, 2024

Concerns about the $35B merger proposal, which has already faced opposition, are likely to surface again at the July public meeting.

Meeting 396

Meeting Capital 396

Payments Dive

FEBRUARY 20, 2024

The transaction would give a big boost to a bank well-known for its credit card component, yet lend regulatory gravitas and investment dollars to a struggling card network.

Capital 386

Capital Lending Cards 386

Payments Dive

JUNE 10, 2024

The three companies announced last Wednesday that they are teaming up to launch a free service intended to combat fraud and reduce the amount of transactions that are improperly declined.

Fraud 369

Fraud Capital Company 369

Payments Dive

APRIL 10, 2023

Capital One failed to meet standards outlined in the contract, such as issuing replacement cards and promptly processing payments and posting transactions, Walmart alleged.

Capital 221

Capital Cards Meeting Payments 221

Payments Dive

JULY 18, 2024

Consumer advocates say the merger will stifle competition and give the combined company an easy avenue to raise fees on card payments.

Capital 317

Capital Cards Payments Company 317

Payments Dive

JANUARY 9, 2025

The venture capital firm with a fintech focus said the latest fundraising brings the total raised since its founding to $10.2

Capital 195

Capital Fintech 195

Perficient

SEPTEMBER 15, 2021

Standards the Federal Reserve Must Apply: (i) Risk-based Capital Requirements and Leverage Limits. (ii) Standards the Federal Reserve May Apply and May Tailor as Part of Enhanced Supervision: (i) Contingent Capital Requirements. (ii) Prompt Corrective Action Capital 4.5% ii) Liquidity Requirements. Conservation Buffer 2.5%

Capital 90

Capital Risk Management Regulation Management 90

Payments Dive

FEBRUARY 27, 2024

The blockbuster deal is set “to trigger a bunch of rethinking across the industry,” said Erin McCune, a partner at consulting firm Bain & Company.

Capital 321

Capital Payments Industry Company 321

Payments Dive

FEBRUARY 27, 2024

Meanwhile, JPMorgan CEO Jamie Dimon advocated for Capital One to get a fair shake. The senator urged regulators to block the deal and took the OCC to task for its approval record.

Capital 221

Capital Policies Regulation 221

Payments Dive

MARCH 22, 2024

More than 30 organizations demanded the deal not be subject to expedited federal review and that public hearings be held in the largest lending markets for both Capital One and Discover.

Capital 195

Capital Lending Marketing 195

Payments Dive

MARCH 26, 2024

Dominated by Visa and Mastercard, card network markets “sorely need an injection of competitive rivalry,” Capital One argued in its application to regulators to purchase Discover.

Capital 195

Capital Regulation Cards Marketing 195

Perficient

OCTOBER 27, 2022

Current Capital Requirements. Further, large banking organizations that are not GSIBs generally are not subject to TLAC or long-term debt requirements, clean holding company requirements, rules related to qualified financial contract stay provisions in resolution, or Board guidance on recovery planning. of total leverage exposure.

Capital 275

Capital Regulation FDIC Regional 275

South State Correspondent

JANUARY 16, 2025

Lesson 1: Generate Operating Leverage to Produce Capital If there is a single lesson in banking that decides success in all areas of performance, it is this sell more profitable products to more profitable customers to the point where your bank generates a consistent risk-adjusted return above its cost of capital.

Capital 195

Capital Management Groups Operations 195

Payments Dive

AUGUST 14, 2024

The bank and credit card issuer told regulators in a letter that competition will require it to keep its products fairly priced.

Cards 273

Cards Capital Regulation 273

Payments Dive

AUGUST 20, 2024

The two big banks say they’ll soon connect to the Federal Reserve’s new instant payment system, even as other major banks remain on the sidelines.

Capital 273

Capital System Payments 273

Payments Dive

FEBRUARY 23, 2024

The fee would apply if Discover chooses another buyer or if either board has a change of heart, but not if regulators block the deal.

Capital 259

Capital Regulation 259

Abrigo

NOVEMBER 13, 2024

Businesses' working capital cycles are longer. Longer working capital cycles drive line utilization Businesses are holding inventory longer (81 days in 2023 vs. 72 in 2019) and extending receivables (31 to 41 days). Companies need more working capital, but they’re still paying their suppliers as they should.

Lending 221

Lending Meeting Data Risk Management 221

Payments Dive

JUNE 21, 2024

The earned wage access provider seeks to raise $50 million, said its CEO, who is rooting for increased regulation of the industry.

Capital 195

Capital Regulation Industry 195

Payments Dive

FEBRUARY 21, 2024

While both Mastercard and Visa will be impacted by Discover Financial Services’ plan to be acquired by card issuer Capital One, the former is likely to bear the brunt of the blow.

Capital 437

Capital Cards 437

Payments Dive

JULY 5, 2022

As companies grapple with inflation and supply chain snarls, the business payments firm says it’s targeting those that need credit cards for workflow capital.

Cards 418

Cards Payments Capital Company 418

Payments Dive

OCTOBER 25, 2024

New York Attorney General Letitia James is probing the proposed acquisition’s effects on competition, arguing “often vulnerable New Yorkers with subprime credit scores” could be negatively impacted.

Capital 195

Capital New York 195

Payments Dive

JULY 29, 2024

The card company set aside more than $800 million to brace for credit card losses tied to its break-up with retail behemoth Walmart.

Capital 195

Capital Cards Retail Company 195

Payments Dive

FEBRUARY 21, 2024

While the $35 billion acquisition is expected to prompt antitrust concerns related to consumer card lending, regulators may see competition benefits in the card network arena.

Capital 221

Capital Lending Regulation Cards 221

Payments Dive

MAY 2, 2023

The company that provides community banks with payments, fintech and other services is gunning for growth with new private equity capital.

Community Bank 397

Community Bank Community Capital Fintech 397

Chris Skinner

MAY 18, 2020

There’s lots of talk about civil unrest, an unjust society, the need for a universal basic income, a change in attitude towards everything from capitalism to socialism to democracy to inclusion. Good discussions but hard to know how it plays out. In many countries, people are suffering so much.

Capital 449

Capital 449

Payments Dive

JULY 8, 2022

The startup, which channels charitable payments, is targeting financial services partners as it seeks to grow, potentially with a new capital infusion this year.

Fintech 396

Fintech Capital Payments 396