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Federal banking regulators issue statement on loan reference rates and advise prompt transition from LIBOR

CFPB Monitor

The Fed, FDIC, and OCC have issued a “ Statement on Reference Rates for Loans ” that addresses replacement rates for the London Inter-Bank Offered Rate (LIBOR). ” The statement highlighted the financial, legal, consumer protection, and operational risks that will result from LIBOR’s expected discontinuation.

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Byte 11 – Do you have Architecture for the product development?

Perficient

The art of building architecture does not just refer to how the system connects. Good architecture comes when the organization has a clear vision and aligns with the current industry/market trends. . Architecture should have the artifacts to answer all audiences (not just the development/operations team) .

Strategy 309
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‘No one length fits all’ – haircuts in the repo market

BankUnderground

Miruna-Daniela Ivan, Joshua Lillis, Eduardo Maqui and Carlos Cañon Salazar Funding markets are crucial for healthy and active financial institutions, and consequently for everyone in the economy. Repo markets support price discovery and improve liquidity in a variety of markets, but they can also pose risks to financial stability.

Marketing 126
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Driving the Future of Wealth Management

Perficient

Next, we migrated data to a new AWS-hosted client reference database powered by Apache Glue and DynamoDB. Moreover, the AI capabilities deliver proactive insights on potential risk profiles and incentives based on internal and market dynamics, accelerating responsive client services and performance reporting.

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Deep Dive: How Marketplaces Use Market-Based Approaches To Recruit Sellers

PYMNTS

Robust international operations require winning over many sellers and operating smoothly around the world, activities that can be challenging for platforms. dollars, but the practice can be inconvenient for sellers in many international markets. Domestic Seller Currencies. Some marketplaces try to pay all vendors in U.S.

Marketing 159
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CFPB addresses application of CFPA to digital marketing providers in new interpretive rule

CFPB Monitor

The CFPB has issued an interpretive rule that addresses when digital marketing providers are “service providers” subject to the Consumer Financial Protection Act, including the CFPA’s prohibition on unfair, deceptive, or abusive acts or practices. . lead generation, marketing analysis or strategy).

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How Banks Create Liquidity Risk for Borrowers

South State Correspondent

but at the end of the term of the loan that liquidity is removed – the borrower must pay back the outstanding principal with cash flow from operations or find another financing source. Most importantly, liquidity is an item that is most valuable when it is not available in the market.

Analysis 195