PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). A lack of safety and soundness rules will expose the financial system to significant vulnerabilities.”.

Banking 139

Banking Financial Systems Concentration Currencies 139

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

PYMNTS

SEPTEMBER 16, 2016

Also, high capital costs of the latest mining facilities and systems are creating a barrier to entry for new miners. 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.

Currencies 77

Currencies Concentration Securities Banking 77

PYMNTS

OCTOBER 11, 2018

In about three hours, $13 billon of value was wiped out of the crypto market as the values of major digital currencies plunged. In a recent report, the International Monetary Fund noted that “continued rapid growth of crypto assets could create new vulnerabilities in the international financial system.” as of 9:38 a.m.

Marketing 49

Marketing Concentration Currencies Financial Systems 49

Global Finance

OCTOBER 10, 2024

György Matolcsy: After the global financial crisis, central banks realized that monetary institutions and policy needed to be renewed. The crisis pointed out the vulnerability of the financial system; therefore, the merger of the central bank and financial supervision into one institution helped strengthen financial stability.

Economics 59

Economics Banking Concentration Currencies 59

Global Finance

OCTOBER 11, 2024

trillion in extended credit and new capital for its consumer and institutional clients while moving $10 trillion in over 120 currencies daily. The US Federal Deposit Insurance Corporation’s quick response to the banks’ failures stemmed additional contagion and has left businesses with an object lesson in concentration risk.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

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. Noreika, acting Comptroller of the Currency, in a statement. Today, the federal banking system remains healthy,” he continued. “As

Banking 46

Banking Compliance Currencies Concentration 46