The Finance Weekly

AUGUST 26, 2023

For example, it manages borrower’s credit data and spots early financial signs. This helps lenders proactively tackle credit risks. Also, AI's predictive analysis forecasts borrower defaults and risk levels using data. AI aids loan decisions, assessing individual risk profiles for granting loans and setting rates.

Risk Management 52

Risk Management Profit and Loss Currencies Compliance 52

PYMNTS

SEPTEMBER 29, 2017

But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance. Compliance with domestic and international standards is considered a must,” Beaulande recently told PYMNTS.

Treasury 56

Treasury Banking Compliance Risk Management 56

Future CFO

AUGUST 24, 2020

Liquidity and credit risk Cash has always been king and this saying was never so relevant as it is in the current situation. Problem statements revolve around credit risk volatility, cash shortages, merging liquidity constraints as well as the absence of a proper hedging strategy. .

SAP 40

SAP Treasury CFO Credit Risk 40

PYMNTS

NOVEMBER 19, 2019

Financial institutions (FIs) face the issue of whether to outsource their credit card programs or do it themselves – a decision that will maintain its importance in the coming new decade. No matter what, one of the biggest challenges in crafting a successful program is dealing with compliance and regulations, Geeslin said.

Mergers and Acquisitions (M&A) 56

Mergers and Acquisitions (M&A) Compliance Construction Credit Risk 56

PYMNTS

NOVEMBER 3, 2020

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Bloomberg To Incorporate Credit Risk Data. The release stated firms have more often been looking for data to validate their own internal counterparty and credit risk assessment.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

CFO Talks

DECEMBER 8, 2021

Inspired to follow in her father’s footsteps as a CA, Lindelani Gumbo has carved her own path as a regulatory accountant, a career built on a genuine passion for the financial sector and regulatory space. CFO Talks is a brand of the South African Institute of Business Accountants. That’s a lot of compliance to cover.

Auditing 72

Auditing Accounting Banking Risk Management 72

PYMNTS

MARCH 2, 2016

The company also pointed to the recent rise of the nostro account, an account owned by a financial institution in another country with funds held in local currency, used to facilitate cross-border settlement. It’s an error-prone process, the report added, with banks still handling the cost of compliance, payment processing and FX.

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

PYMNTS

DECEMBER 10, 2016

When all the shares were accounted for, Lending Club’s original IPO managed to pull in more than $1 billion — slightly beating expectations and making it the seventeenth-largest U.S. Furthermore, there were reports that the date on the loans were tampered with to ensure they were within compliance requirements. The Billion-Dollar IPO.

GAAP 73

GAAP Compliance Valuation Auditing 73

PYMNTS

OCTOBER 4, 2019

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. Funds and accounts advised by T. FinBox plans to use the investment on product research and development.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

MAY 10, 2016

And for at least two years, it seemed that one could not read a collection of payments headlines without coming upon another account of another marketplace lender bringing in another heap of cash by willing investors trying to prove Mr. Dimon correct. Collectively, Mack and Laplanche own 31 percent of Cirrix. What’s Next.

Auditing 41

Auditing Compliance Investments Credit Risk 41

Beacon CFO Plus

SEPTEMBER 20, 2023

Financial Expertise Fractional CFOs typically have a strong background in finance, accounting, and related fields. They often hold advanced degrees such as MBAs, CPAs (Certified Public Accountants), or CFA (Chartered Financial Analyst) certifications.

CFO 52

CFO Problem Solving Education Compliance 52

PYMNTS

OCTOBER 1, 2018

Earlier this year, LendingClub saw its stock price hit record lows when news broke that the firm was being sued by the FTC for reportedly charging consumers with hidden fees and, in some cases, double-withdrawing payments from consumer accounts. Those effects, however, were short-lived. The Problems and the Reformation.

Valuation 54

Valuation Startups Banking CFO 54

PYMNTS

JUNE 17, 2020

According to a report in ZDNet , Westpac said that “a mix of technology and human error” and “deficient financial crime processes” were behind the financial institution’s (FI’s) lack of compliance with anti-money laundering (AML) regulations. Westpac said it identified three drivers of compliance failures, ZDNet reported.

Banking 75

Banking Compliance Risk Management Credit Risk 75

PYMNTS

NOVEMBER 30, 2018

Understanding risk, particularly its sources and how to most effectively manage it, is one of the most fundamentally important topics in payments for those who provide services and those who use them. Which, Canfield notes, requires a different and more integrated risk management perspective going forward. Same as always.”.

Risk Management 65

Risk Management Invoicing Credit Risk Compliance 65

PYMNTS

NOVEMBER 9, 2016

But in creating social payments platform Circle , Allaire said the goal was to create a new kind of consumer spending account built and serviced digitally — and not via traditional brick-and-mortar infrastructure. This allows Circle to take on the credit risk of transactions to make money move instantly.

Currencies 75

Currencies Compliance Communication Credit Risk 75

Future CFO

JANUARY 12, 2021

Working capital and cash flow optimisation With uncertain times ahead, CFOs today must monitor the impact of price volatility, foreign exchange fluctuations, and interest rate changes, and be able to rapidly revise financial asset positions and protect against increased credit risks.

Foreign Exchange 40

Foreign Exchange CFO Compliance Reconciliations 40

PYMNTS

JULY 11, 2017

More than two-thirds told researchers that compliance and regulatory requirements are holding them back from providing more trade finance in the short term, while cost control pressures were identified as the top challenge for FIs’ (financial institutions) trade finance operations. “The

Finance 43

Finance Invoicing Profit and Loss Credit Risk 43

Barry Ritholtz

FEBRUARY 13, 2023

But there are so many tools at your disposal, and let alone how much duration you’re taking, how much interest, how much credit risk you’re taking, illiquidity, et cetera. And how do you make the decision, I’m not comfortable with this credit risk relative to the return it’s going to throw off?

Mergers and Acquisitions (M&A) 56

Mergers and Acquisitions (M&A) Investments Marketing Education 56

Barry Ritholtz

AUGUST 15, 2023

Let me say what your compliance wouldn’t allow you to say. The challenge is unlike the S&P 500, hedge funds sit in a box that has underlying credit risk from prime brokers. So the credit markets froze. RITHOLTZ: I love this quote from a piece you wrote about risk. RITHOLTZ: You were crushing it.

Benchmarking 52

Benchmarking Investments Marketing Treasury 52