PYMNTS

NOVEMBER 28, 2016

Some of the world’s largest banks were met with big change in recent days. Demonetization in India has financial institutions operating at full speed to exchange out discontinued bank notes but with some unexpectedly pleasant consequences. We dive into the latest banking news from around the world. $30

Banking 46

Banking Concentration Financial Systems Leadership 46

PYMNTS

SEPTEMBER 16, 2016

The concentration of bitcoin mining increases the likelihood miners will collude to attack the blockchain, and as profitability goes down, fewer miners will operate and existing incumbents will consolidate. Smith went on in his speech to say that the lessons learned from the Bitfinex hack have improved the digital currency environment.

Currencies 77

Currencies Concentration Securities Banking 77

PYMNTS

JANUARY 11, 2018

The latest figures from the Asian Development Bank recently pegged the gap at $1.5 The report noted no correlation between banks’ implantation of digitized solutions in their trade finance operations and rejection rates of providing trade finance to businesses. ” Even as banks (at least, in the U.S.)

Finance 50

Finance Foreign Exchange Concentration Currencies 50

PYMNTS

APRIL 10, 2019

At a recent $5,280, the digital currency is leagues above its nadir of $3,400 during the crypto crash, and leagues below all-time highs of about $20,000. And within that concentration, as much as 80 percent of bitcoin mining is performed by six mining “pools” – and five of them are in China.

Concentration 58

Concentration Currencies Economics Planning 58

CFO News Room

JANUARY 17, 2023

Consequently, I will concentrate this post on how this crisis is playing out in markets, and the effects it has had, so far, on businesses and investments, and whether these effects are likely to be transient or permanent. In fact, since trading has been suspended on both indices, the extent of the damage is probably understated.

Economics 130

Economics Valuation Treasury Forecasting 130

CFO News Room

NOVEMBER 11, 2022

The response to the crisis was for central banks to really hose the runway for capital to continue its footloose activities across the global economy. And that the only way in which you could handle that was would be through a sharp monetary shock: rising interest rates, normalizing central bank balance sheets.

Economics 100

Economics Concentration Investments Finance 100

Musings on Markets

AUGUST 15, 2023

I was reminded of that paper a few weeks ago, when Fitch downgraded the US, from AAA to AA+, a relatively minor shift, but one with significant psychological consequences for investors in the largest economy in the world, whose currency still dominates global transactions.

Investments 80

Investments Currencies Treasury Hurdle Rate 80

PYMNTS

APRIL 30, 2018

Digital banks. Most of that spend will be concentrated in the U.S., In an interview in 2013 , Founder and then-CEO Renaud Laplanche boasted that incumbent banks like Chase were “like Blockbuster Video” in a world in which tech and new lending models like LendingClub’s would bury them. Digital Banks. Blockchain.

Banking 73

Banking Investments Concentration Accounting 73

Musings on Markets

MARCH 19, 2022

Consequently, I will concentrate this post on how this crisis is playing out in markets, and the effects it has had, so far, on businesses and investments, and whether these effects are likely to be transient or permanent. In fact, since trading has been suspended on both indices, the extent of the damage is probably understated.

Economics 100

Economics Valuation Treasury Forecasting 100

PYMNTS

AUGUST 22, 2016

His disdain isn’t because money is germ-laden paper passed from who-knows-who doing who-knows-what with it, but because he says it’s the currency of criminals. Don’t have a bank account? If Professor Rogoff wants to know what’s the currency of the big-time criminal today, it’s not cash, it’s bitcoin. They’d figure something out.

Currencies 41

Currencies Banking Accounting Budgeting 41

PYMNTS

MAY 10, 2016

” He added that in 2016, roughly a quarter of European banking revenue (€128B) will come from retail payments. since London, which is where much of the usage is concentrated , has a high merchant acceptance, and the transit authority now enables contactless payments across all of its endpoints. 52 percent; Germany, 15 percent.

Currencies 44

Currencies Concentration Securities Numbers 44

PYMNTS

JANUARY 22, 2021

As corporate treasurers hit the ground running in 2021, Schwartz said, they must be strategic about implementing cutting-edge solutions and should work with their banks as collaborative partners to overcome the biggest barriers to working capital optimization. "But they need to be planned for.". A Fork In The Road. A Forward-Looking Strategy.

Treasury 103

Treasury Concentration Currencies Banking 103

Musings on Markets

JANUARY 9, 2021

While the universe of companies is diverse, with approximately half of all firms from emerging markets, it is more concentrated in market capitalization, with the US accounting for 40% of global market capitalization at the start of the year. Data Update 3 for 2021: Currencies, Commodities, Collectibles and Cryptos!

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

CS Lucas

NOVEMBER 29, 2023

Under a syndicated loan structure, a group of banks join together to provide credit facilities and distribute risk across multiple lenders. It is also an opportunity to establish banking relationships with banks that they do not otherwise have dealt with on a regular basis.

Technology 52

Technology Treasury IFRS Compliance 52

Musings on Markets

JULY 17, 2023

That does not surprise me, since I have never bought into the “Fed did it” theme, and have written multiple posts about why it is inflation and economic growth that drive interest rates, not central banks. Financials, handicapped by the bank runs at SVB and First Republic, have been flat for the year, as has been real estate.

Marketing 95

Marketing Treasury Currencies Valuation 95

PYMNTS

FEBRUARY 19, 2019

Now, cloud computing has made virtual clusters of computers and storage available to those same firms, and delivery of those services is concentrated among companies like Amazon , Google and Microsoft. Only a decade and a half ago, companies still had their own data centers. You cannot force credit or debit cards on them.

Currencies 77

Currencies Concentration eCommerce Banking 77

PYMNTS

MARCH 10, 2016

The digital global transaction banking platform, which provides financial institutions with technology to streamline their services, considers small and medium-sized businesses as the undervalued, yet critical, aspect of the U.K. economy, vital to its health yet inadequately serviced by the banks. That’s how iGTB sees it, at least.

Banking 41

Banking Concentration Treasury Cash Management 41

PYMNTS

APRIL 25, 2019

Stripping out the impacts of currency volatility, the company said that payments volume was up 8 percent year over year to just under $2.1 trillion, up 7 percent in constant currency, and outpaced by debit growth at 10 percent. Total top line was $5.5 billion, which was on par with forecasts, and up 8 percent year over year.

B2B 50

B2B Currencies Concentration Forecasting 50

PYMNTS

MAY 15, 2017

Its creator, the pseudonymous Satoshi Nakamoto, gave it all of the qualities of cash, but in a digital format: peer-to-peer transfer of a currency in the absence of any intermediary that is pretty much anonymous — only wallet IDs are shared. Big banks have started to deny crypto traders access, limiting their ability to withdraw funds.

Math 62

Math Currencies Startups Concentration 62

PYMNTS

JUNE 27, 2016

The banks that were miffed about paying 15 basis points for each transaction haven’t had to pay all that much over the last 20 months. OpenTable retrenched and instead concentrated on building a critical mass of consumers and restaurants in cities that then gave them the ability to expand with a critical mass of both in tow.

Numbers 66

Numbers Concentration Technology Retail 66

PYMNTS

NOVEMBER 15, 2016

And it is this latter offering, in travel, that offers some insight into just how cards and electronic payments can be used on a global scale across time zones and currencies. It’s analogous in many ways to Canada in terms of the level of advancement and the concentration. dollar transaction, and we would debit the U.S.

Currencies 68

Currencies Concentration Accounting Banking 68

PYMNTS

OCTOBER 15, 2018

As noted by the Conference of State Bank Supervisors (CSBS), state regulators earlier this month released the inaugural Money Services Business Industry Report, which featured transaction data tied to 2017 and focused on licensed money transmission and payments. The report also noted that virtual currency exchange and transmission was 9.4

Concentration 68

Concentration Currencies Leverage Numbers 68

PYMNTS

AUGUST 12, 2016

What’s so hard about paying contract workers who work cross-border in a variety of far-flung locales and who want to be paid in the currency easiest for them to use in their home countries? 3) The Need To Recognize That Not All Workers Are Banked. Politics may make strange bedfellow, but do, to many banks and FinTech.

B2C 40

B2C Concentration B2B Currencies 40

PYMNTS

DECEMBER 20, 2017

Cannabis’ status as a schedule-one narcotic means the federally chartered banks, the card networks and the traditional payments ecosystem have made it clear that they’d like to steer clear. You have large numbers of patients with cash in their pockets in concentrated locations, which creates a lot of targets. The Power Of Transparency.

Concentration 47

Concentration Accounting Banking Currencies 47

Barry Ritholtz

SEPTEMBER 12, 2022

It’s a town of about 4,000 people, so exposure to markets or investment banking or any of the careers in finance was not something that you really envisioned. It was at Bank One, at the time. I mean, when you look at that pre, it was, you know, the thought counterparty risk of a bank was solid, right, like that was something.

Investments 117

Investments Marketing Profit and Loss Banking 117

PYMNTS

OCTOBER 16, 2017

The ability to use an anonymous single currency to power a decentralized, permissionless distributed ledger operating over the public internet where miners compete to solve the math problems that enable the processing of transactions is a remarkable innovation. The Crypto Has No Clothes. The Need for a Balanced View.

Currencies 71

Currencies Concentration Financial Systems Investments 71

Barry Ritholtz

JUNE 13, 2023

You went to school in Paris, but you began your career in London at Merrill and Deutsche Bank. So that was a while back, but nonetheless, I don’t know if it was love at first sight, but we got to get along pretty well, and after a few years working for investment banks, he then joined Goldman Sachs. We were 28, 30 respectively.

Investments 57

Investments Banking Entertainment Valuation 57

PYMNTS

JULY 15, 2019

billion people around the world without access to a bank account to the world of digital payments at low or no cost. To ward off the currency speculators that have tended to plague high-profile crypto projects like bitcoin , Libra will be a stablecoin, with its value pegged to the U.S. This won’t happen overnight,” Ready noted.

Currencies 40

Currencies Finance Banking Concentration 40

PYMNTS

AUGUST 13, 2018

Facebook Wants Access to User Bank Accounts. Facebook has reportedly had conversations with banks about giving Messenger access to user bank accounts. And never mind that consumers aren’t sitting on hold for hours these days with the bank waiting to get updated information on transactions and account balances.

Banking 44

Banking Transportation Investments Currencies 44

PYMNTS

OCTOBER 1, 2018

31, 2018, will mark the 10th anniversary of the day that a link to a paper , authored by Satoshi Nakamoto , describing the digital currency called bitcoin was first publicly circulated. Ten years after bitcoin launched, it remains the go-to currency of criminals and a way for cybercrooks to wash their money. The end of this month, Oct.

Currencies 85

Currencies Concentration Financial Systems Leverage 85

Barry Ritholtz

AUGUST 16, 2022

If you’re all interested in macro investing, trend following, commodities, currencies, fixed income, various types of quantitative strategies, and most important of all, risk management, you’re going to find this conversation to be absolutely fascinating. We’ve got central banks all over the world starting to move.

Profit and Loss 119

Profit and Loss Foreign Exchange Valuation Investments 119

Barry Ritholtz

DECEMBER 26, 2023

And there, people were warning that that was about to happen in the spring when Silicon Valley Bank, right. Safe harbor harbor here, a little apo apocalyptic currency. And First Republic blew up, this is it. You’re gonna see credit markets turn, go upside down, and that’ll be it For equities, not so much, right?

Marketing 62

Marketing Leadership Finance Investments 62

CFO News Room

JANUARY 16, 2023

SARS-CoV-2 wastewater concentration and linked longitudinal seroprevalence: a spatial analysis of strain mutation, post-COVID-19 vaccination effect, and hospitalization burden forecasting (preprint) medRxiv. Findings: We found strong linear association between wastewater concentration and estimated community prevalence (r=0·916).

Concentration 130

Concentration Economics Forecasting Communication 130