PYMNTS

SEPTEMBER 17, 2020

over the next five years in a bid to address racial disparities in financial services. The new initiative will include “concentrated investments that will focus on providing Black-owned businesses and Black people access to affordable financial tools and capital,” Mastercard said in a news release. This is a time for action. "We

Concentration 113

Concentration Economics Financial Systems Investments 113

PYMNTS

NOVEMBER 12, 2020

This is something that could make a bad situation worse,” Adam Slater, lead economist for Oxford Economics in London, told The Washington Post. What we don’t want is to get really nasty stresses and strains in the financial system from something like this.”. The Post reported that the Federal Deposit Insurance Corp.

Banking 91

Banking Concentration Financial Systems Retail 91

PYMNTS

SEPTEMBER 30, 2020

The groups argue that such efforts are secured under the current regulatory regime, and that allowing innovation at the expense of the financial system’s stability isn’t beneficial. A lack of safety and soundness rules will expose the financial system to significant vulnerabilities.”.

Banking 139

Banking Financial Systems Concentration Currencies 139

PYMNTS

JULY 26, 2017

The federal banking system is, and should be, a source of strength for the nation and its economy. When it is running well, it powers tremendous growth and economic prosperity for consumers, businesses and communities across the country,” said Keith A. Today, the federal banking system remains healthy,” he continued.

Banking 46

Banking Compliance Currencies Concentration 46

CFO News Room

DECEMBER 6, 2022

So just most technology has been a little bit more either the pipes and infrastructure of how the financial system runs or something that lets people buy the products that they want to buy because they can just go online and buy it. But there’s this new emergence of advice- and advisor-oriented technology firms. Natalie: Right.

Planning 130

Planning Budgeting Investments Communication 130

PYMNTS

OCTOBER 11, 2018

Today’s drop happened as financial authorities are warning about a possible economic threat. 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.” At the same time, the U.S.

Marketing 49

Marketing Concentration Currencies Financial Systems 49

PYMNTS

OCTOBER 1, 2018

Bitcoin’s processing operation is highly concentrated within a handful of miners in China — which is getting more concentrated now, since the price of bitcoin has crashed and fewer players can afford to keep the lights on (literally, since bitcoin processing requires a massive amount of electricity). It isn’t because it won’t.

Currencies 85

Currencies Concentration Financial Systems Leverage 85