FISPAN

FEBRUARY 9, 2022

Now more than ever, banks have a myriad of digital opportunities to explore a better banking future. Driven by growing consumer demands, increasing regulatory changes, and the proliferation of API integrations, Open Banking has proven to be a promising market for Financial Institutions (FIs) worldwide.

Banking 97

Banking Leverage Accounting Economics 97

CFO News Room

NOVEMBER 18, 2022

In an interview with Lynn Parramore of the Institute for New Economic Thinking, Nomi Prins takes up and extends the argument that she has made over a series of books, that central bankers are ever-more administering policies that are good for the markets but very bad for the real economy and real people. economy and Wall Street.

Banking 100

Banking Economics Leverage Currencies 100

PYMNTS

DECEMBER 29, 2020

Consumers have more heavily leaned on debit during the pandemic, with the economic downturn making shoppers more cautious than ever about the prospect of taking on credit card debt. Officials have struggled to stop or even detect these crimes, and fraudsters are making the task especially difficult by leveraging various schemes.

Banking 121

Banking Leverage Securities Economics 121

PYMNTS

NOVEMBER 16, 2020

Banks have long worked to anticipate and protect against emerging tactics of cybercriminals. Bank , one of the largest commercial banks in the United States. Pre-pandemic, many banks were already headed on a path toward digital migration. Leveraging Advanced Technologies. It's all about layers of defense.”.

Banking 118

Banking Leverage Communication Securities 118

CFO News Room

FEBRUARY 5, 2022

lakh crore in FY23 could have a multiplier effect on all segments of society and lead to job creation at scale, allowing India to leverage its young demographic dividend. The capex planned by the government, if executed well, will also benefit the banking sector. The writer is MD & CEO, Bandhan Bank. Views are personal.

Budgeting 100

Budgeting Banking Economics Leverage 100

Global Finance

MAY 8, 2024

In the Asia-Pacific (APAC) region last year—as in 2022—net interest margin (NIM) dynamics were optimal for banks in Southeast Asia, Australasia, Hong Kong and India. Lending rates followed central bank tightening moves, while deposit rates lagged; and across the region, there were some record profits.

Banking 52

Banking Profit and Loss Construction Retail 52

PYMNTS

AUGUST 4, 2020

The past several years have been good times for digital banking players popping up to challenge traditional brick-and-mortar financial institutions for market share, but recent months have accelerated that trend into overdrive. After all, clients are coming at their new digital lifestyles from various starting points.

Banking 138

Banking Education Budgeting Economics 138

PYMNTS

APRIL 29, 2020

New solutions continue to roll out as a result of open banking frameworks around the world and banks’ increasing willingness to collaborate with FinTechs. This week’s look at the latest in bank-FinTech collaborations reveals two new open banking initiatives from FinTechs designed to address back-office friction for banks.

Banking 95

Banking Foreign Exchange Invoicing Finance 95

Future CFO

FEBRUARY 7, 2024

Treasurers are expected to grapple with the implications of these shifts and strategise on leveraging technology to enhance efficiency and adapt to the evolving work environment. The events such as the Silicon Valley Bank situation serve as reminders for companies to proactively address risks and strengthen risk management policies.

Treasury 105

Treasury Technology Cash Flow Forecasting Leverage 105

PYMNTS

JULY 13, 2020

This fraud type occurs when bad actors seize control of victims’ bank or online merchant accounts and spend ill-gotten funds, and it is likely to become more frequent until FIs can demonstrate that their defenses are strong enough to deter criminals’ attempts. Understanding ATOs.

Leverage 58

Leverage Accounting Securities Banking 58

Future CFO

DECEMBER 14, 2021

China's shadow banking assets will continue to decline on regulators' continued focus on containing systemic risks in the financial sector, said Moody’s recently. Broad shadow banking assets fell by around RMB1.58 Broad shadow banking assets fell by around RMB1.58 trillion in the first three quarters of 2021 to RMB57.6

Banking 52

Banking Leverage Economics Financial Systems 52

PYMNTS

OCTOBER 15, 2020

These difficulties are due to a process called correspondent banking, in which transactions must also be funneled through multiple financial institutions (FIs) before they reach their final destinations. Banks and FinTechs are entering into new partnerships to take advantage of this gro wing demand for cloud technology.

Banking 91

Banking Leverage Treasury Securities 91

Future CFO

SEPTEMBER 26, 2021

China's shadow banking assets will shrink further after falling sharply in the first half (H1) of 2021, as the deadline to comply with China's new asset management rules approaches by the end of this year, said Moody’s recently. Broad shadow banking assets fell by RMB1.34 Commercial banks' net claims on NBFIs fell by RMB1.0

Banking 52

Banking Leverage Economics 52

PYMNTS

NOVEMBER 9, 2020

In banking, collaboration — between the traditional players like banks and the tech savvy FinTechs bringing a slew of new apps to market — is key. Increasingly, open banking will underpin that collaboration. Access for the consumer though means access to that far-flung data is paramount for the banks and third parties.

Banking 114

Banking Financial Data Prioritization Economics 114

PYMNTS

JANUARY 21, 2021

In an interview with PYMNTS, Avi Cohen , co-founder and CEO of FinTech company The Floor , said boosting digital offerings and bringing new ones to market demands quick decision making as banks seek to improve user experience and user engagement. Now, he said, “innovation needs to also be incorporated internally. Cohen asked.

Banking 121

Banking B2B Leverage Technology 121

PYMNTS

DECEMBER 30, 2020

The ongoing pandemic has drastically changed day-to-day life and generated economic turbulence the world will feel for years to come. The banking industry is hardly exempt from the disruption as social distancing and stay-at-home orders have all but emptied physical bank branches to mitigate potential contagion.

Banking 96

Banking Leverage Accounting Economics 96

PYMNTS

MAY 12, 2020

“What the health crisis has really shown us is that within the broader workforce, regardless of whether people are salaried or hourly, the majority don’t have enough savings in the bank to last them for a week or two-week period,” Ossip said. Those technological limits may no longer exist, yet the two-week process remains.

Economics 108

Economics Leverage Banking Technology 108

PYMNTS

JUNE 29, 2020

The COVID-19 pandemic is one of the most monumental crises the banking industry has faced, and the sector must stare down the dual challenges of creating safety measures at branch locations while addressing the ongoing economic downturn that has stretched their capacity for processing and deferring loans.

Banking 126

Banking Leverage Economics Numbers 126

PYMNTS

AUGUST 4, 2020

Those ecosystems will leverage the trust that consumers have placed in traditional financial industry players and tech companies of all sizes – including Big Tech , of course. To that end, BBVA was one of six banks that said on Monday (Aug. To that end, BBVA was one of six banks that said on Monday (Aug.

Banking 119

Banking Leverage Accounting Planning 119

CFO News Room

DECEMBER 4, 2022

Many progressive ideals could be achieved with cryptocurrencies: not owned by banks, no middlemen, low fees, fast transactions, and a lifeline from a trapped life of debt and poverty. . For the close to 6 million Americans who are unbanked (without bank accounts) using cryptocurrencies like Bitcoin could be a godsend.

Economics 130

Economics Currencies Banking Technology 130

PYMNTS

JANUARY 28, 2020

Greek challenger bank Praxia , founded by British-American banker and former Barclays CEO Bob Diamond, will be sold to payments processor Viva Wallet after the country’s central bank intervened, according to a report. Talks began with Pancretan Co-operative Bank but didn’t get anywhere, and then Viva Wallet stepped in.

Banking 56

Banking Economics Leverage Startups 56

PYMNTS

JANUARY 26, 2021

Fraud and other forms of cybercrime are perennial challenges for digital-first banks and businesses of all types, as their extensive web presences open additional doors that allow bad actors to infiltrate their operations. Digital-first FIs like First Bank instead leverage multiple layers of defense, tailoring each to a specific threat.

Banking 70

Banking Education Leverage Securities 70

PYMNTS

NOVEMBER 23, 2020

Blockchain and a bank charter might do much to boost financial inclusion. While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments.

Banking 86

Banking Leverage Compliance Technology 86

PYMNTS

OCTOBER 19, 2020

Economic challenges brought on by the COVID crisis have heightened the need for businesses to manage supply chains more efficiently, and in many cases that means turning to banks for the help they need. Banks can provide alternative, low-cost and less document-intensive forms of financing, like supply chain financing,” Gupta said.

Finance 60

Finance Banking Accounts Payable Invoicing 60

PYMNTS

JULY 1, 2020

Credit unions (CUs) have long relied on personalized banking approaches and trust to retain their members, but those that cannot meet all of their members’ needs are at serious risk of losing them to other financial institutions (FIs). TDECU is taking several steps to address issues members are confronting during the crisis.

Leverage 86

Leverage Economics Banking Technology 86

PYMNTS

MARCH 13, 2020

The era of “challenger” banks has seen many grand promises in terms of innovating on the old banking model to provide consumers with something more modern, responsive and customized. They’ll also see a lot of fees that consumers associate with traditional banks (monthly account fees, overdraft charges, etc.)

Banking 76

Banking Economics Accounting Leverage 76

Future CFO

JULY 17, 2023

A recent survey report from PwC and GTreasury, Treasurers: The First Line of Defense for Economic Disruption , offers the most current insight into how treasury teams and the office of the CFO are approaching volatility. Treasurers should leverage cash forecasts to achieve better cash conversion. 3) Enhance working capital management.

Treasury 98

Treasury Forecasting Cash Management Concentration 98

PYMNTS

MAY 1, 2020

Open banking developments were impacting customers’ interactions with their banks before the COVID-19 pandemic. have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. Consumer Trust Drives Open Banking .

Banking 98

Banking Securities Finance Leverage 98

CFO News Room

FEBRUARY 6, 2022

With over 35% y-o-y increase in capex and a proposed infrastructure spend of over Rs 10 lakh crore in Budget 2022-23, the Union government has reinforced its commitment to using infrastructure as a force multiplier for sustained economic growth.

Budgeting 130

Budgeting Leverage Transportation Finance 130

PYMNTS

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. It’s been 20 months, and we tried to get a debit card from some of the largest banks. The world doesn’t need another bank,” Poovala told Webster. Widening Debit’s Acceptance.

Banking 103

Banking Invoicing Accounting Leverage 103

Future CFO

JANUARY 3, 2024

Global trade is set to rebound modestly after two consecutive years of below-average global GDP growth, said Allianz recently when releasing its Global Economic Outlook 2023-25. Central banks are predicted to pivot earlier than expected by economic forecasters (i.e. Other major predictions by Allianz include the following.

Profit and Loss 52

Profit and Loss Economics Forecasting Construction 52

CFO News Room

JANUARY 23, 2023

The debt limit measures nothing coherent and has no relationship to any serious measure of the economic burden imposed by the nation’s debt. It has as much relevance to the nation’s objective economic health as today’s horoscope. The debt limit measures no coherent economic value. Overview The U.S.

Economics 130

Economics Treasury Budgeting Securities 130

PYMNTS

NOVEMBER 3, 2020

Lingering economic uncertainty and growing fraud rates in multiple markets are prompting consumers to sharpen their focus on privacy and security. For example, a September report found that the number of open banking users in the U.K. For example, a September report found that the number of open banking users in the U.K.

Banking 77

Banking eCommerce Securities Leverage 77

PYMNTS

MAY 23, 2019

The B2B space is ripe for transformation, where outdated payment processes mark accounts payable (AP), and where technology can make all the difference as corporates choose their banking partners to satisfy their payment needs. Banks And FinTech Firms Together.

Banking 76

Banking Accounts Payable Leverage Technology 76

PYMNTS

DECEMBER 1, 2020

Meanwhile, Russia’s largest bank, Sberbank , is developing a cryptocurrency, called the Sbercoin, reported Reuters. The bank is working with J.P. 18, and faces “one count of conspiracy to commit wire fraud, one count of conspiracy to commit bank fraud, and one count of conspiracy to commit money laundering,” the release stated.

Banking 80

Banking Profit and Loss Forecasting Currencies 80

Future CFO

JULY 27, 2023

Editor’s note: Alex Macaire (pictured), Group CFO of Techcombank in Vietnam shared the bank’s ongoing digital transformation journey, its learning along the way, and the results it’s seen so far with FutureCFO and his peers. Most recently, he was CFO for Wealth and Personal Banking Asia Pacific at HSBC.

CFO 52

CFO Banking Finance Leverage 52

Future CFO

JANUARY 4, 2021

The broad downward trend in China's shadow banking activities continued though the country supported its economic recovery from the pandemic, said Moody's Investors Service recently. . Overall shadow banking assets grew by RMB700 billion in the first quarters of 2020 according to estimates of Moody’s, following a RMB2.3

Banking 40

Banking Economics Financial Systems Leverage 40