PYMNTS

JANUARY 7, 2021

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Under the new regulations, the units would be limited to operating in China’s Chongquing municipal region. On Tuesday (Jan.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

JUNE 29, 2020

But some analysis suggests supplier payment strategies are in flux to better support the working capital positions of corporates. Analysis of more than 1,400 companies in the region found a whopping 40 percent increase in the portion of businesses that are being paid late, compared to 2019 research. ” $1.3 ” $1.3

Payments 256

Payments Analysis Capital Strategy 256

Abrigo

JUNE 14, 2021

Common root causes include: Lack of a formal OFAC SCP Misinterpretation or failure to understand OFAC regulations Facilitating transactions by non-U.S. BSA Rules and Regulation. BSA Rules and Regulation. Being proactive and thorough with your SCP will help ensure your institution does not fall into unknown weaknesses.

Compliance 370

Compliance Training Resources Policies 370

PYMNTS

JULY 2, 2020

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. ” Capital On Tap Enables Receipt Bank Card. Capital on Tap wields the commercial card to connect small and medium-sized businesses (SMBs) to financing.

Cards 208

Cards New York Capital Compliance 208

PYMNTS

JANUARY 15, 2019

central bank, is getting a bit worried about sharing some of the financial infrastructure with tech upstarts such as OnDeck Capital and Kabbage , a sense of caution that the newswire said puts the bank “at odds with other regulators looking to bring [those firms] into the fold.”. Reuters reported early Monday (Jan.

Fintech 148

Fintech St. Louis System Regulation 148

PYMNTS

JANUARY 8, 2019

In addition, Pakistan’s Telenor Microfinance Bank unveiled a cross-border remittance service based on Alipay’s blockchain technology, Indonesia’s KinerjaPay notched an investment of $200 million from a construction firm in the region and mobile payments are on the rise in China.

Regional 128

Regional blockchain Mobile United States 128

PYMNTS

MARCH 12, 2020

The integration means banks can purchase SMBs’ outstanding receivables at a discount to provide them with faster working capital. The regional bank also noted growing interest among smaller FIs to embrace the bank-FinTech collaboration trend. FirstBank Taps Finxact for Core Infrastructure. Yet maturation is low.

Lending 194

Lending Risk Management Fintech Community 194

PYMNTS

SEPTEMBER 7, 2018

In addition, the official noted that the region has “seen cases recently where AML issues have compromised the functioning and even the viability of some banks, so it is very important here to move forward.”. Monitoring money-laundering, however, is usually handled at the national level.

Regional 109

Regional Compliance Regulation Meeting 109

PYMNTS

AUGUST 14, 2019

Companies separated across borders want payments to be delivered on time so they can meet their payment deadlines, access capital and deliver products in a timely fashion. A group of Nordic banks have selected Mastercard to overhaul its financial services operations for the region. Around the Smarter Payments World.

Fintech 168

Fintech Payments Cards Regional 168

Celent Banking

MARCH 30, 2016

As I prepared for the webinar, I thought back to my first exposure to commercial lending when I worked for a large regional bank and I recalled the 4C’s of commercial lending from credit training: character, capacity, capital and collateral. Cost of compliance. Changing client expectations. Competition from new entrants.

Lending 100

Lending Compliance Training Capital 100

PYMNTS

AUGUST 20, 2018

Three months in, the European Union’s General Data Protection Regulation still stymies some firms seeking to comply with new rules and regulations governing data protection and privacy. Despite direct exposure to the region, they remain unaware of the GDPR requirements. Japan Eyes Cryptos, Yet Again.

Fintech 101

Fintech Survey Regulation Resources 101

PYMNTS

APRIL 16, 2019

It also introduces updated requirements, in line with post ‘07-’09 financial crisis levels, for liquidity and capital. They’ll have to meet funding requirements that are more aimed toward limiting an institution’s reliance on short-term financing. Legislators also passed new rules increasing the powers of EU financial supervisors.

System 116

System Taxes Regional Google 116

South State Correspondent

AUGUST 21, 2022

Meet Competitive Pressures: National and larger regional banks are specifically targeting better borrowers for seven, ten, or 20-year fixed-rate loans. This capital ratio is used to assess the possible riskiness of a hedge provider. Eliminate Interest Rate Risk: Eliminate margin compression when interest rates rise.

How To 195

How To Community Bank Community FDIC 195

PYMNTS

DECEMBER 1, 2017

News broke this week that bitcoins have bit some dust, literally, having moved on to some nether region of cyberspace where they cannot be found. That should make participants in a market where the total capitalization is more than $160 billion (at last count) uneasy. And bitcoin has this anti-government, anti-regulation feel.

Bitcoin 128

Bitcoin cryptocurrency blockchain Millennials 128

PYMNTS

OCTOBER 17, 2019

million in a funding round that was led by Pangaea Ventures and Happiness Capital. Because they’re not regulated, the items can pose health and safety risks for consumers, particularly for food and medical items. Now, the company reportedly has raised $7.5

Fraud 101

Fraud Innovation Technology Mobile 101

PYMNTS

OCTOBER 17, 2019

million in a funding round that was led by Pangaea Ventures and Happiness Capital. Because they’re not regulated, the items can pose health and safety risks for consumers, particularly for food and medical items. Now, the company reportedly has raised $7.5

Fraud 101

Fraud Innovation Technology Mobile 101

PYMNTS

JANUARY 9, 2018

In July 2017, the Federal Deposit Insurance Corporation (FDIC) held a meeting with a group of community bankers which told officials about the competitive pressures they’re facing from FinTechs. As the community banking sector explores how to address the FinTech competitive threat, they’re also facing headwinds from regulators.

Community Bank 131

Community Bank Community Fintech Lending 131

PYMNTS

DECEMBER 28, 2018

At the time, Visa said the takeover would “strengthen and expand Visa’s business suite of solutions to meet the rapidly evolving needs” of the B2B payments industry. We keep seeing firms wanting to go faster and move to scale, and really needing to be able to collect and process payments in new regions.”.

Innovation 184

Innovation Fintech Payments Management 184

Abrigo

JULY 14, 2023

Analysis should be performed on concentrations, as a percentage of capital, in terms of: (1) Collateral type such as multifamily, retail, office, etc. (2) How has the commercial real estate market performed, and how it is performing today by collateral type in your region/market? CRE concentration report. Industry borrower data.

Strategy 195

Strategy Data Analytics Analysis 195

PYMNTS

DECEMBER 19, 2019

The revised Payment Services Directive ( PSD2 ) Strong Customer Authentication ( SCA ) regulation rollout in the EU has been a little bit on the bumpy side so far. 14 of this year, and while PSD2 did, the SCA part of the regulation has been put on hold. It was supposed to go into effect on Sept. For how long?

Compliance 102

Compliance Regulation Strategy Training 102

PYMNTS

FEBRUARY 28, 2018

While other merchants may need to change workflows to meet new evidence requirements, its customers can simply modify their response templates to present the right evidence. After all, they represent substantial capital investments over the years.

blockchain 100

blockchain System cryptocurrency Regional 100

Jeff For Banks

APRIL 25, 2014

September 2004, driving from a meeting in New York, on the grossly miss-titled Cross Bronx Expressway, Nathan Stovall, a reporter from SNL Financial gave me a call. Read: You have to make lots and lots of little loans when you only have $25 million in capital. “I The question: What was up with an upstate New York bank? Our combination.

Community 90

Community New York Indiana Connecticut 90

FICO

MAY 18, 2020

Just as organisations were getting to grips with IFRS 9 and its implications, the impact of COVID-19 has created the “perfect storm” for collections as regulators, organisations and customers scramble to understand the economic and financial impact of this pandemic. Regulator Help and Expectations. This is a unique time.

Regulation 52

Regulation Operations Management Data 52

American Banker

JUNE 7, 2016

Dodd-Frank Replacement Plan: House Financial Services Committee Chairman Jeb Hensarling has a plan to revamp the Dodd-Frank Act and replace it with a capital-based alternative, which banks could opt into if they meet certain requirements, like a 10% leverage ratio (U.S. banks are currently required to meet a leverage ratio of 6%).

Meeting 28

Meeting Capital Regulation Marketing 28

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. The regulator and media pressure on overdraft fees has been a constant challenge to overdraft revenue. Has to be M-O-E. Bank Merger of the Year. So which merger was the best in 2021?

Fintech 140

Fintech Strategy Leadership Lending 140

PYMNTS

SEPTEMBER 22, 2017

The slowdown in new businesses being founded in the 1980s and 90s was largely quarantined to certain segments – especially retail, where corner stores and regional brands were falling to larger national chains. Better have a very full and robust compliance department and a perfect working knowledge of AML/YC regulations.

US 108

US Apple Innovation Regulation 108

CB Insights

NOVEMBER 22, 2017

But current methods of fish farming won’t be able to meet global fish demand in a safe, sustainable way. Commercial operation of offshore fish farms has been limited to date due to regulations, as well as the challenges of efficiently operating a large farming operation far from land. Offshore farming regulations are loosening.

Study 45

Study Operations Regulation Regional 45

CB Insights

OCTOBER 26, 2020

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely.

Management 78

Management Capital Company Marketing 78

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. Both have access to significant financial capital to scale far beyond what’s available to even well-funded startup challengers. savings accounts.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

OCTOBER 1, 2018

million Series C financing round led by Foundation Capital and joined by Morgenthaler Ventures, Norwest Venture Partners and Canaan Partners. When building that package of loans for Jefferies, LendingClub found they did not have enough conforming loans to meet the terms of the deal. lending marketplace. The Aftershocks.

Lending 135

Lending Fraud Management San Francisco 135

CB Insights

DECEMBER 4, 2019

An RBC Capital Markets report put the average annual sales of an Amazon Go location at about $1.5M. The regions involved in the initial pilot included Colombia, Chile, Hong Kong, Kenya, Indonesia, Malaysia, the Philippines, Peru, Taiwan, and Thailand. As many as 3,000 Amazon Go locations could open by 2021, according to Bloomberg.

Cards 101

Cards Lending Strategy US 101

PYMNTS

FEBRUARY 27, 2020

In a recent conversation with PYMNTS’ Karen Webster, Grab Financial Group’s Head of Lending Ankur Mehrotra highlighted the significance of Southeast Asia’s SMB lending opportunity, in which McKinsey research has calculated a whopping $175 billion gap in available financing for micro and small businesses in the region. ”

Data 181

Data Regional Lending Analysis 181

South State Correspondent

MARCH 15, 2023

It turns out that confidence is more valuable than capital. Customers and analysts will look for this ratio to be over 100% so that borrowings can meet any uninsured runoff. The ratio would provide a bank’s current core capital position to risk-adjusted assets. 9) Brand Matters: SVB had one of the best brands in banking.

social media 195

social media FDIC Branding Management 195

BankUnderground

FEBRUARY 16, 2021

Following the 2007/2008 global financial crisis, international regulators introduced a package of new banking regulations, known as Basel III. This includes a wider range of capital and liquidity requirements to protect banks from different risks. The leverage ratio (LR) is the simple ratio of a bank’s capital to its assets.

Regulation 75

Regulation Capital Examples Policies 75

South State Correspondent

OCTOBER 28, 2022

cyber, infrastructure, and regulation. During the two weeks, there were over a hundred significant cyberattacks by nation-states on national and regional banks that you could watch unfold in near real-time (bel0w) at Gartner and Money 20/20. Small Idea – Policy and Regulations are Lagging But Are Going in Banking’s Favor.

Conference 195

Conference Technology Las Vegas Trends 195

PYMNTS

OCTOBER 15, 2020

An SAP Concur study found that the Asia Pacific region could face losses of up to $21.5 Countless digital spend management solutions have entered the market to meet this growing demand," PYMNTS reported. This impacts their cash flow and overall responsiveness to business demands.

Management 130

Management Regional Study Survey 130

PYMNTS

MAY 30, 2018

There are three things on the mind of nanopay ‘s CEO Laurence Cooke : Emerging markets, cross-border business-to-business (B2B) transactions, and capital markets and treasury. Banks in regions like Sub-Saharan Africa, India and Brazil are evolving much faster than their first-world counterparts.

Capital 109

Capital Innovation National Marketing 109