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Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?

PYMNTS

What we don’t want is to get really nasty stresses and strains in the financial system from something like this.”. The COVID-led commercial real estate crunch is also having a major impact on retail properties. The retail market has been under stress for several years, because of, you know, online sales and that sort of thing.

Banking 91
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OCC Defines Top Threats To Banks This Season

PYMNTS

“The greatest volume of easing has occurred in large and mid-sized banks,” the report found, “and the easing has occurred most often in pricing, guarantor requirements and loan convenants, as well as in retail loan sizes, collateral requirements and debt-to-income requirements.”. Cyber Threats.

Banking 46
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Can FinTech Walk The FinTalk?

PYMNTS

Most of that spend will be concentrated in the U.S., with supporting use cases mostly related to financial services and cross-border settlement, for a grand total of $242 million in 2018. In January, the International Data Corporation (IDC) reported worldwide spending on blockchain solutions would increase to $2.1 billion by 2021.

Banking 73
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François Masquelier (Simply Treasury): Small is Beautiful

Simply Treasury

Paradoxically, "retail" developments are often faster and more intense than "corporate" developments, notably for reasons of security and integration into the IT systems of large companies. There has been an explosion of Fintechs serving retail and exceedingly small “SMEs” in the last decade. Number of fintech’s, but for whom?

Treasury 130
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Why It’s Time To Shut Down Cryptocurrencies

PYMNTS

In those pieces, I acknowledged bitcoin was an interesting, even fascinating, innovation, but not the salvation of our global financial system — not even close. Bitcoin’s core principle of anonymity is anathema to operating a safe and secure global financial system. At least I hope so.