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

Spreadym

SEPTEMBER 12, 2023

Regulatory Environment: Changes in regulations and compliance requirements can impact costs and revenue. Companies must budget for compliance and potential regulatory changes. Technology and Innovation: Advancements in technology may require investments in new systems, tools, or processes.

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

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. Staying Updated.

Treasury 56

Treasury Banking Compliance Risk Management 56

CFO Talks

JUNE 7, 2022

Steward Role & Competencies: Accounting, control, risk management and asset preservation are the proficiencies of the Steward. The Steward must ensure company compliance with financial reporting and control requirements. Competencies include: Working knowledge of risk management, budget, and forecasting tools.

CFO 52

CFO IFRS Leadership Risk Management 52

PYMNTS

JUNE 26, 2018

In a press release issued on Monday (June 25), the SBA announced a strategic alliance with the American Institute of Certified Public Accountants (AICPA) to help small businesses (SMBs) facing regulatory compliance and enforcement issues.

Accounting 40

Accounting Compliance Auditing Credit Risk 40

Future CFO

MARCH 2, 2021

The credit impact will be mixed across fintech firms, financial institutions and the securitisation market in China , the credit rating agency said. Credit risks will increase for fintech companies involved in the online microloan businesses because they will have to assume more credit risk, the firm added.

Credit Risk 52

Credit Risk Economics Banking Securities 52

PYMNTS

JANUARY 14, 2021

Card payments, he continued, mitigate risk for both buyers and suppliers, enabling vendors to provide discounts to their customers without taking on trade credit risk. For example, this industry is particularly susceptible to fraud and other supply chain risks.

B2B 81

B2B eCommerce B2C Problem Solving 81

PYMNTS

JULY 26, 2017

As outlined in the report, however, the OCC again identifies issues related to strategic, credit, operational and compliance risks as top concerns.”. Compliance. As is often the case with banks, risks of non-compliance remain high, the OCC noted. Shifts in Lending Practices. Amid these fluctuations, the U.S.

Banking 46

Banking Compliance Currencies Concentration 46

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

DECEMBER 21, 2020

Through invoice integration, the service boasts improvements to savings and offers a compliance audit feature that can help vendors cut spending. For example, our portfolio company, GDS Link, provides credit risk management solutions to lenders. Fenton said Serent has an advantage in understanding the healthcare vertical. “In

B2B 79

B2B Healthcare Auditing Investments 79

PYMNTS

JANUARY 7, 2021

Sophisticated data analytics tools can also help manage a broader landscape of risk, he said, for example by assessing how risk translated from one counterparty to another. You have to look at risk in its entirety," said Gugelmann. The fraud risk, but also the credit risk, the dilution rate and other financial stresses.

Finance 70

Finance Credit Risk Banking Compliance 70

PYMNTS

OCTOBER 11, 2017

Now, customers in those countries can use the platform to send money to each other and have all the complex cross-border and compliance components handled by nanopay. First, a middleman removes the credit risk. Second, it removes the currency risk. If the exchange rate fluctuates, banks can lose U.S.

Credit Risk 40

Credit Risk Currencies Startups Compliance 40

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The solution ensures compliance with the second payment services directive (PSD2).

Cash Management 53

Cash Management Data Analysis Credit Risk Risk Management 53

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

PYMNTS

SEPTEMBER 26, 2019

And while the headline use cases have been in the world of fraud and compliance protections, the reality, he said, is that the application of AI tools is expanding. “As But when talking about risk and risk management in the payments game, Webster and Jha noted, the picture is actually a lot wider. The Growing Playing Field.

Risk Management 63

Risk Management Compliance Credit Risk Securities 63

PYMNTS

DECEMBER 10, 2016

The hype that surrounded marketplace lenders like Lending Club was that they were coming to eat the big banks’ lunch with their better underwriting, greater speed and lack of encumbrances like physical branches or compliance rules. In that instance, it is not clear if Laplanche had direct knowledge of the sale or compliance violations.

GAAP 73

GAAP Compliance Valuation Auditing 73

PYMNTS

JUNE 14, 2016

The fact remains, said Kranc, that the regulatory and compliance issues in the financial realm (especially with cross-border transactions) mean that tracking risk — and especially payment risk — can burden older systems to the point where reporting lags the real-time needs of the company itself.

B2B 41

B2B Credit Risk Compliance Technology 41

PYMNTS

MARCH 2, 2016

It’s an error-prone process, the report added, with banks still handling the cost of compliance, payment processing and FX. But additional cost burdens can stem from currency hedging, treasury operations, liquidity, the cost of manual intervention in case of error and compliance, especially when it comes to Basel III.

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

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. FinBox plans to use the investment on product research and development.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

JUNE 7, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and product to keep from being dragged down by bad loan performance. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Invoicing 49

Invoicing Data Analysis Credit Risk Risk Management 49

CFO Talks

DECEMBER 8, 2021

That’s a lot of compliance to cover. This is a role she’s performed since 2020 and a risk analyst at the South African Reserve Bank, while concurrently serving as a non-executive director at the Institute of Bankers of South Africa, on a pro bono basis. LINDELANI GUMBO: Good morning, Ciaran.

Auditing 72

Auditing Accounting Banking Risk Management 72

PYMNTS

MAY 10, 2016

The marketplace lending model is designed to offload the most pernicious risk in the lending business – credit risk – to the investors who buy the loans from them. Furthermore, there are reports that the date on the loans were tampered with to ensure they were within compliance requirements. What’s Next.

Auditing 41

Auditing Compliance Investments Credit Risk 41

PYMNTS

JUNE 6, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and productto keep from being dragged down by bad loan performance. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Invoicing 40

Invoicing Data Analysis Credit Risk Risk Management 40

PYMNTS

MARCH 6, 2020

Even more significantly, our research shows that FIs are using AI with greater focus than they have in the past, with two areas emerging as key applications: payments fraud and credit risk. Supervised systems like BRMS are simply not capable of responding to the dynamic, constantly shifting nature of these risks.

Credit Risk 81

Credit Risk Compliance Banking Planning 81

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

Beacon CFO Plus

SEPTEMBER 20, 2023

Risk Management Experience They are adept at identifying and managing financial risks , including market risk, credit risk, and operational risk.

CFO 52

CFO Problem Solving Education Compliance 52

PYMNTS

OCTOBER 1, 2018

“So, without the same capital requirements as banks, without the brick-and-mortar operations to support like banks, without the onerous regulatory and compliance boxes to check like banks and without the credit risk to get in the way of financial performance like the banks, it’s not surprising that VCs were attracted like bees to honey to this innovative (..)

Valuation 54

Valuation Startups Banking CFO 54

Future CFO

AUGUST 27, 2023

Duane Ho , the chief financial officer at Oceanus Group , noted that CFOs were increasingly asked to manage business risks so that the rest of the organisation could focus on revenue, growth, and profitability. Moody’s, he noted, is well known for its counterparty credit risk analysis.

Risk Management 98

Risk Management Credit Risk Finance Risk Analysis 98

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

JANUARY 21, 2021

“Both the impact of climate change itself and policies to address it could have major impacts, creating stranded assets, generating large changes in asset prices, credit risks and so forth that could affect the financial system. These are very real risks.”.

Treasury 112

Treasury Concentration Credit Risk Compliance 112

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

NOVEMBER 9, 2016

Doing that meant that Circle had to build out an AI-powered risk engine that allows it to make 90 percent of its risk and compliance decisions with machines rather than relying on compliance people. This allows Circle to take on the credit risk of transactions to make money move instantly.

Currencies 75

Currencies Compliance Communication Credit Risk 75

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) 57

Mergers and Acquisitions (M&A) Investments Marketing Education 57

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. And at the time, I was managing Protege Partners as a hedge fund of funds. RITHOLTZ: You were crushing it.

Benchmarking 52

Benchmarking Investments Marketing Treasury 52