PYMNTS

JANUARY 15, 2020

And the paper notes that financial services firms – amid a general level of “increasing concern” – are experiencing more than 300 times the number of attacks than other types of firms. And there remains the risk of bank runs, which would lead to solvency issues. The spillover then impacts 38 percent of bank assets.

Banking 53

Banking Concentration Financial Systems Reconciliations 53

PYMNTS

FEBRUARY 5, 2020

Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. Broadly speaking, amid higher allowances, banks would charge higher rates amid higher risk.

Accounting 63

Accounting Banking Forecasting CFO 63

PYMNTS

FEBRUARY 5, 2020

Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. Broadly speaking, amid higher allowances, banks would charge higher rates amid higher risk.

Banking 56

Banking Forecasting CFO Concentration 56

CFO News Room

FEBRUARY 2, 2022

Going forward, the network of participants and the number of use cases could continue to see rapid growth, giving cryptocurrencies in this category plenty of further upside. In 2021, there were a number of digital asset company IPOs, led by Coinbase , the largest listing (IPO, SPAC, or otherwise) of any digital asset company in history.

Concentration 130

Concentration Investments Securities Currencies 130

Future CFO

OCTOBER 2, 2023

Private fund firms are now putting idle cash to work in money market funds (MMFs), which has the dual benefit of earning a yield from cash holdings in addition to mitigating concentration risk.

Cash Management 52

Cash Management Marketing Treasury Concentration 52

Future CFO

SEPTEMBER 26, 2023

Cybersecurity risks, cited by 50% of respondents, remain the number one most challenging risk for treasury professionals to manage. Survey highlights 49% of survey respondents indicated that macroeconomic risk will have the greatest impact on earnings in the next three years.

Treasury 52

Treasury Risk Management Concentration Economics 52

PYMNTS

AUGUST 30, 2018

Although Deutsche Bank says it knows it cannot return to the market domination it enjoyed before the 2008 financial crisis, according to Reuters reports on Wednesday (Aug. 29), CEO Christian Sewing defended his growth efforts at a recent banking conference. “It especially needs strong banks.”

Banking 40

Banking Planning Leadership Concentration 40

PYMNTS

JUNE 6, 2018

based bank accounts and receive payments by the same means. Mastercard said it has enlisted Starling Bank, a challenger bank, as the strategic partner for settlement services in the U.K. The firms said that only a very small number of accounts in the U.K. less than 0.1 The first U.K.-based

Accounting 55

Accounting Banking Concentration B2B 55

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

CFO News Room

FEBRUARY 2, 2022

As is always the case, a certain number of ineligible companies— many of them publicly traded — got large loans approved before many other firms could even get access to a bank in order to apply. Yet as I predicted, the program has been a mess in both its implementation and its results.

Economics 130

Economics Concentration Budgeting Numbers 130

PYMNTS

JULY 26, 2017

Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. The federal banking system is, and should be, a source of strength for the nation and its economy.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

DECEMBER 28, 2018

Brussels, he said, wants to go past what he calls “quick fix” proposals made in September for bank supervision. If instituted, the proposals would give the banking authority more powers to oversee national banking watchdog organizations, which would be his ultimate goal.

Concentration 74

Concentration Banking Numbers 74

Future CFO

FEBRUARY 13, 2023

We also started to utilise Power BI for the creation of consolidated reporting materials that are easy to digest instead of referring to heavy excel sheets for the numbers. “We He also suggested using digital signature platforms to make transactional work more efficient and sustainable for signing bank documents.

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

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

APRIL 10, 2018

By the numbers, digital banking is — and is not — extremely popular with consumers of all stripes. According to the latest edition of the PYMNTS Digital Banking Tracker, when it comes to some tasks, consumers are clearly comfortable with leaving the physical world behind and making the digital conversion.

Banking 40

Banking Concentration Numbers Accounting 40

Barry Ritholtz

JANUARY 24, 2024

He leads the team that delivers OSAM strategies to advisors, consultants, wealth management firms, multi-family offices and private banks. What do those numbers look like, if I’m holding a few 100 stocks instead? Barry Ritholtz : That’s a huge number. I recall seeing some portfolios that were even more than that.

Concentration 95

Concentration Investments Accounting Marketing 95

Future CFO

AUGUST 3, 2023

Increasing interest rates, stubbornly high inflation, domestic and geopolitical challenges — including the protracted war in Ukraine, and ongoing concerns about the stability of the global banking system all combined to make it a challenging quarter for global VC investment, despite global interest in Generative AI, the firm noted.

Investments 52

Investments Concentration Startups Education 52

PYMNTS

DECEMBER 5, 2019

A new report by Bank of America Merrill Lynch Global Research said this holiday shopping season has been the best since 2013, according to a report by Bloomberg. The season is being led by online shopping and early holiday sales, which the report defined as the three-week period that runs until Black Friday , a period which grew 2.2

Sales 55

Sales Concentration Banking Retail 55

PYMNTS

JANUARY 12, 2020

million in a Seed funding round for its neo-bank epiFi, led by Sequoia India and Ribbit Capital, TechCrunch reported on Sunday (Jan. Sujith Narayanan and Sumit Gwalani, both co-founders of Google Pay India — formerly called Google Tez — said the seed funding brings the neo-bank startup epiFi to a valuation of roughly $50 million.

Concentration 40

Concentration Startups Valuation Financial Systems 40

PYMNTS

DECEMBER 5, 2019

A new report by Bank of America Merrill Lynch Global Research said this holiday shopping season has been the best since 2013, according to a report by Bloomberg. The season is being led by online shopping and early holiday sales, which the report defined as the three-week period that runs until Black Friday , a period which grew 2.2

Sales 52

Sales Concentration Banking Retail 52

Simply Treasury

JULY 12, 2021

Number of fintech’s, but for whom? We could not name the solutions given their huge number. For these larger categories they often have many different bank accounts with no aggregation and inconsistent user authentication, giving them no real-time knowledge of current cash position and FX risks, among others.

Treasury 130

Treasury Cash Flow Forecasting Concentration Finance 130

PYMNTS

AUGUST 27, 2020

Walmart is selling two of its online brands in a continuing goal to concentrate on its website. The number of customers we’re serving in these categories on Walmart.com, along with the corresponding sales volume, is very different than before each acquisition,” Walmart told Bloomberg in an emailed statement.

Concentration 57

Concentration Advertising eCommerce Manufacturing 57

CFO News Room

JANUARY 11, 2023

Sellers need to avoid a spread-the-peanut-butter approach and instead concentrate resources on the most promising opportunities. We expect Google will expand its customer-facing organizations in its focus areas (cloud, search, and YouTube), even as it pares back other businesses and reduces the number of non-customer-facing positions.

B2B 100

B2B Sales Concentration Restructuring 100

PYMNTS

FEBRUARY 1, 2021

Enigma, as a part of the collaboration, is joining up with a number of banks, payment processors and financial institutions to provide trustworthy intelligence regarding a business's financial health. 1) press release. Enigma Technologies collects and analyzes data on the health and identity of all U.S. businesses.

Analyzing Data 49

Analyzing Data Concentration Technology Investments 49

PYMNTS

FEBRUARY 2, 2021

The sign-up process takes a couple of minutes, according to the announcement, which noted that Authorize.net works with many banks and credit unions (CUs) for onboarding. Additionally, Visa is working with GenYouth to contribute 50 Taste of NFL @Home tickets to Black Girl Ventures to provide to additional Black woman-owned SMBs.

Concentration 84

Concentration Advertising Sales Numbers 84

PYMNTS

SEPTEMBER 23, 2019

Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. Investments in digital banking are paying dividends for CUs by improving membership and creating more efficient services.

Concentration 63

Concentration Leverage Healthcare Advertising 63

PYMNTS

APRIL 1, 2019

Merchants, lenders and banks never see the person on the other side of the transaction, and proving that someone is, well, legitimate is becoming more difficult. The money is being earmarked across a number of initiatives, designed to combat synthetic fraud. Flavors Of Fraud.

Construction 73

Construction Numbers Concentration Securities 73

PYMNTS

MAY 5, 2020

Issuers may be eying the coming chargeback and dispute storm, but right now, said Quevedo, they’re concentrating on prioritizing claims processing. In other cases, they may be devising bank identification number (BIN) attacks or using card generators to create many potential card numbers. The Issuer Side Of The Equation.

Concentration 83

Concentration Prioritization Entertainment Banking 83

PYMNTS

OCTOBER 19, 2018

“The concentration of technology companies here make the city a source of experienced talent within Mexico. Moreover, Guadalajara has a high number of universities that offer advanced degrees, creating a deep reservoir of talented candidates.”

B2B 55

B2B Concentration Banking Technology 55

PYMNTS

JANUARY 24, 2019

SWIFT’s gpi service is supported by hundreds of banks, and is used to send more than $300 billion in payments every day. As reported in this space and elsewhere, Ripple said in recent months that a number of financial firms have been signing on to its offerings for cross-border payments. million, as of May 31.

Concentration 62

Concentration Banking Leverage Economics 62

CFO News Room

JANUARY 8, 2023

This point came home to me recently when the CEO of a large bank expressed frustration with lack of incremental progress on cloud. Most security issues are the result of code and system misconfigurations, which means automation will radically reduce the number of security breaches. (At

Budgeting 130

Budgeting Securities Economics Technology 130

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 13, 2020

Most Main Street businesses are shut down for the time being; workers are away from their offices; and as a result of social distancing, we as a society have concentrated all the activities once spread across a variety of destinations throughout the day into a single place — the home. Or at least they will try.

Securities 129

Securities eCommerce Concentration Accounting 129

PWC UK

OCTOBER 26, 2021

Other EU institutions, such as the European Central Bank (ECB), have indicated they will feed their views into the ESMA report. ESMA will identify any difference in basis available between TC and EU CCPs, and model any concentration add-ons.   ESMA is expected to set out its findings in a report, expected in late 2021.

Credit Risk 52

Credit Risk Concentration Banking Marketing 52

Future CFO

APRIL 14, 2024

While I do not have a “typical” day in the strictest sense, it is usually packed with a series of internal (board, management, project teams, townhalls) and external meetings (investors, banks, government agencies, business partners). Every swing demands focus, concentration and coordination.

Finance 52

Finance Concentration CFO Transportation 52

CFO News Room

NOVEMBER 7, 2022

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: Orion’s Redtail launches “Redtail Campaigns” in partnership with Snappy Kraken to facilitate CRM-based drip marketing emails. Which just further highlights how challenging it can be to break into the RIA custody business.

Compliance 130

Compliance Communication Planning Concentration 130

PYMNTS

MARCH 20, 2020

The numbers only begin to tell a tale — one where the ending seems far off, shrouded in mystery, and more than a bit foreboding. Banking, Done Digitally: In more evidence of FinTechs crossing the great divide into traditional banking, Square has gotten the green light from the Federal Deposit insurance Corp.

Concentration 52

Concentration Prioritization Economics Startups 52