PYMNTS

SEPTEMBER 17, 2020

Mastercard said it will invest $500 million in Black communities across the U.S. over the next five years in a bid to address racial disparities in financial services. has “half of all Black Americans excluded from the financial mainstream and Black-owned small businesses excluded from funding opportunities.”.

Concentration 113

Concentration Economics Financial Systems Investments 113

PYMNTS

JANUARY 12, 2020

The startup was founded in May and will introduce a digital banking blueprint concentrated on serving millennials in India, Narayanan told TechCrunch. When we were building Google Tez, we realized that a consumer’s financial journey extends beyond digital payments. billion citizens outside the financial system. .

Concentration 40

Concentration Startups Valuation Financial Systems 40

PYMNTS

APRIL 15, 2019

Indeed, in an appearance on Capitol Hill last week in front of the House Committee on Financial Services, seven chief executive officers of banks as far-flung as Goldman Sachs , Bank of America , JPMorgan Chase , Morgan Stanley and others pointed to risks that may be tied to the U.S. financial system amid the rise of alternative lenders.

Financial Systems 70

Financial Systems Leverage Banking Concentration 70

PYMNTS

NOVEMBER 28, 2016

Demonetization in India has financial institutions operating at full speed to exchange out discontinued bank notes but with some unexpectedly pleasant consequences. banks, meanwhile, have risen in financial stability regulators’ ranks for how much of a risk they pose to the global financial system should they fail.

Banking 46

Banking Concentration Financial Systems Leadership 46

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

APRIL 30, 2018

According to a Crunchbase article published in February of 2018, investments in blockchain and blockchain-related startups (excluding initial coin offerings, or ICOs) were already 40 percent of what they were in 2017. And in 2017, those investments were off-the-charts nuts. Most of that spend will be concentrated in the U.S.,

Banking 73

Banking Investments Concentration Accounting 73

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.

Planning 130

Planning Budgeting Investments Communication 130