Future CFO

SEPTEMBER 21, 2023

With growing external uncertainties and geopolitical risks, it would be important for Hong Kong to further diversify its economic base, widen its global reach, and continue to address structural challenges such as ageing population, housing supply, and social inclusion, AMRO noted. in 2023, before moderating to 3.3

Foreign Exchange 52

Foreign Exchange Economics Transportation Financial Systems 52

Future CFO

NOVEMBER 6, 2023

Financial conditions near historical average Moody’s proprietary indicators suggest financial conditions are near historical averages in the US, but are tightening in the euro area and are weak in emerging markets (EMs). Falling loan demand and tightening credit standards have led to a large slowdown in bank lending globally.

Economics 52

Economics Financial Systems Banking Marketing 52

PYMNTS

APRIL 18, 2017

The slowdown of China’s economic growth has had markets concerned, but new data suggests the nation could be on its way to reversing the trent. percent GDP annual growth rate. The nation is also in the midst of increasing corporate debt , reports said, with overall indebtedness nearing 300 percent.

Economics 40

Economics Construction Manufacturing Financial Systems 40

Future CFO

MARCH 12, 2023

Asian economies are on course for modest growth this year as they try to shake off the negative effects of tighter financial conditions, inflation, a weak global economic environment and geopolitical tensions, said Atradius recently when releasing its 2023 Regional Economic Outlook Report.

Economics 52

Economics Manufacturing Financial Systems Investments 52

PYMNTS

FEBRUARY 19, 2019

Senator Elizabeth Warren (D-MA) recently sent a letter to Powell raising this concern, noting that the Fed’s “anemic scrutiny of applications for mergers and acquisitions [M&A] raises concerns that [it] may oversee a wave of bank consolidation to the detriment of consumers and the financial system.”

Mergers and Acquisitions (M&A) 43

Mergers and Acquisitions (M&A) Banking Marketing Transportation 43

Future CFO

JANUARY 22, 2024

The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

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

NOVEMBER 12, 2020

Twelve years after the housing and mortgage markets’ collapse threw the United States into financial distress not seen since the Great Depression, market watchers are again on the lookout for a possible new banking crisis spawned by upheaval in the U.S. commercial real estate sector. Slater wrote in a recent report. “We

Banking 91

Banking Concentration Financial Systems Retail 91

The Finance Weekly

MARCH 16, 2023

The quick and unexpected collapse of the second and third largest bank collapses in US history sent shock waves throughout the markets. While it sounded like a safe investment, it appears that the bank forgot a simple rule of economics: bonds have an inverse relationship with interest rates.

Leadership 105

Leadership CFO Startups Compliance 105

PYMNTS

JANUARY 13, 2021

During his career at Citi, Khaliq has served in management positions in banking, markets and securities services, country management (CCO) and treasury services. Before taking that role, Khaliq had served as global head of Direct Custody & Clearing inside of Markets and Securities Services since 2017.

Treasury 52

Treasury Education Cash Management Economics 52

PYMNTS

JUNE 29, 2020

The idea is to modernize the ways watchdogs look out for risk on the market, which proponents say could boost crime detection and inclusivity in bank customers. “They can’t see most of what’s going on in the financial system in real time because they don’t have good enough data,” she said, according to WSJ.

Banking 88

Banking Financial Systems Economics Technology 88

CFO News Room

JANUARY 18, 2023

financial system, has been used mainly in the past against banks and other financial institutions and in most cases has forced the institution to close. But unlike other collapses, it has largely avoided rippling into other markets. Lisa Monaco. said Wednesday. Deputy Treasury Secretary. Wally Adeyemo.

Treasury 100

Treasury Compliance Financial Systems Finance 100

Barry Ritholtz

SEPTEMBER 30, 2022

John Paulson on Frothy US Housing Market: This Time Is Different Unlike subprime era, financial system is not at risk, he says Real interest rates blamed for lackluster gold price. Peterson Institute for International Economics ). . • What happened to giving money to charity? The ultrawealthy are donating more than ever.

Currencies 67

Currencies Financial Systems Banking Economics 67

PYMNTS

DECEMBER 28, 2020

Pan Gongsheng as saying that officials criticized Ant for poor corporate governance, defiance of regulatory demands, illegal regulatory arbitrage, the use of its market advantage to squeeze out competitors and harming consumers’ legal interests. Reuters quoted central bank Vice Gov. A Growing Crackdown .

Restructuring 67

Restructuring Foreign Exchange Compliance Financial Systems 67

PYMNTS

NOVEMBER 10, 2020

Many consumers move to new countries to pursue economic opportunities, but adjusting to these locations also requires learning the ins and outs of new financial systems — a transition that can be filled with friction. customers to recipients in Asia and Europe.

Banking 86

Banking Compliance Currencies Financial Systems 86

Centage

MAY 31, 2022

Just as content is king in the world of marketing, when it comes to financial decision-making, data is everything. If you want to outsell the competition, then upgrading your financial planning and analysis (FP&A) efforts is of the utmost importance. In fact, Centage’s survey revealed that improved reporting was the No.

Financial Planning and Analysis (FP&A) 92

Financial Planning and Analysis (FP&A) Forecasting Budgeting Analyzing Data 92

PYMNTS

MARCH 12, 2020

Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday (March 12). Mastercard says it is striving to create a digital financial system and is working closely with stakeholders to deliver inclusion through web connectivity.

B2B 72

B2B Financial Systems Economics Securities 72

PYMNTS

OCTOBER 30, 2018

The latest round of funding implies investors are still interested in the cryptocurrency market despite the steep declines in the price of many of the digital tokens. “ Coinbase is, and will remain, a crypto-first company. We strive to be the easy, trusted way for anyone to get started with cryptocurrencies.

Valuation 72

Valuation Financial Systems Economics Finance 72

PYMNTS

JUNE 29, 2020

MAS noted that it requires financial institutions to report all suspicious transactions, including transactions that are large, complex or present unusual patterns with no apparent economic or lawful purposes. “We Shares have fallen by more than 90 percent and the company has lost nearly $12 billion of market value, the report said.

Banking 56

Banking Financial Systems Economics Accounting 56

PYMNTS

JULY 5, 2019

Money laundering is a big concern for the region after Danske Bank and Swedbank were implicated in scandals that cost them both billions in their value on the market. . It would be the worst possible end result of this discussion if banks would suddenly start to withdraw money from certain markets,” Tuominen said.

Banking 58

Banking Financial Systems Economics Marketing 58

PYMNTS

NOVEMBER 8, 2018

This week SWIFT, the financial messaging service based in Belgium (and where the acronym stands for the Society for Worldwide Interbank Financial Communications) said that it would suspend access for at least some Iranian banks. brought back financial and other sanctions against Iran, which in turn came after the U.S.

Banking 81

Banking Financial Systems Treasury Communication 81

PYMNTS

SEPTEMBER 28, 2016

The famed bank stress tests that have been in place for years and that get attention from Wall Street when it comes time to judge how sound the global financial system may be — or not — are getting a little more, well, stressful. Capital, capital everywhere — but, for big U.S. For the bigger banks.

Banking 69

Banking Financial Systems Economics Investments 69

PYMNTS

JANUARY 6, 2021

But as Diaz stated, the model is based on sound economic principles. Though the investments in a payments system itself may be huge, the costs of actually managing the transactions (which boil down, really, to data flows) are essentially zero. And they're used basically once with an ATM to withdraw" funds, said Diaz.

Banking 145

Banking Planning Accounting Currencies 145

PYMNTS

MARCH 22, 2019

DNB said that fighting economic crime was a priority and that during an audit it hadn’t found any concrete examples of any violations. It would be the worst possible end result of this discussion if banks would suddenly start to withdraw money from certain markets,” Tuominen said.

Auditing 55

Auditing Economics Banking Financial Systems 55

PYMNTS

NOVEMBER 30, 2018

economy in a recent speech by Federal Reserve Chairman Jerome Powell, who cited non-bank lenders as problematic for the future of credit markets and the financial system as a whole. Noto also noted that SoFi wasn’t mentioned as a potential risk to the U.S.

Profit and Loss 55

Profit and Loss CFO Financial Systems Economics 55

PYMNTS

AUGUST 1, 2018

financial system improve the ability of small businesses (SMBs) to get financing, driven in part by a decline in startup formation in recent decades. Small businesses are essential job generators, and the major driver of economic growth and vibrancy for all regions of the country.”. In addition, U.S.

Financial Systems 40

Financial Systems Finance Economics Treasury 40

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. Chinese regulatory shifts mean world changes .

Compliance 64

Compliance Banking Securities Financial Data 64

PYMNTS

MARCH 14, 2019

“It would be the worst possible end result of this discussion if banks would suddenly start to withdraw money from certain markets,” Tuominen said. Nordic banks are the bedrock of the Baltic financial system, and during the economic crisis in 2009, Swedish krona and banks were the ones that got hurt the most.

Banking 49

Banking Financial Systems Economics Numbers 49

PYMNTS

MAY 11, 2020

Mersch pointed out that central banks are focused on wholesale CBDCs because retail could rattle the entire global financial system. The group of banks were to “closely coordinate with the relevant institutions and forums — in particular, the Financial Stability Board and the Committee on Payments and Market Infrastructures.”.

Retail 52

Retail Currencies Banking Financial Systems 52

PYMNTS

MARCH 2, 2018

The news comes as bitcoin has been taking fire in increasingly loud tones – for being a destabilizing force in the international market. “Being part of the financial system brings enormous privileges, but with them great responsibilities,” Carney noted. . One of those responsibilities?

Financial Systems 44

Financial Systems Currencies Economics Securities 44

BlueLight

JUNE 2, 2020

Sales and marketing expenditure up proportionally more than sales compared to the previous year. Is it a low performing sales rep or ineffective marketing campaigns? Are the variances being driven by operational shortcomings or are there macro economic changes that we weren’t prepared for? Why is sales efficiency down?

Budgeting 52

Budgeting Financial Planning and Analysis (FP&A) Forecasting CFO 52

PYMNTS

AUGUST 30, 2018

29) that the government’s efforts to spur small business lending by pumping money into the financial services market has yielded only modest success. But its efforts are limited, the executive said, because of more stringent financial regulation as the government aims to rein in risky lending practices.

Economics 40

Economics Banking Financial Systems Finance 40

PYMNTS

SEPTEMBER 18, 2019

The key seems to be for those financial markets to be based on blockchain. Options and futures clearinghouses, among other markets, could be automated. As the author notes, “the regulator’s goal is neither a specific market structure nor a specific form of exchange.

Banking 43

Banking Compliance Finance Financial Systems 43

Michigan CFO

SEPTEMBER 12, 2022

A recession disrupts the economic environment your business operates in. Traditional economic statisticians define a recession as two consecutive quarters of GDP decline. Recessions are part and parcel of what’s known in economics as the business cycle. What Is a Recession? By that definition, we are already in a recession.

Profit and Loss 40

Profit and Loss CFO Budgeting Economics 40

PYMNTS

JUNE 17, 2016

The COC concluded that 29 percent of businesses surveyed said they increased prices for customers in the wake of financial services markets regulation. The agency concluded that the survey suggests Dodd-Frank reforms could be stifling corporate growth, while still strengthening the financial system.

Compliance 40

Compliance Financial Systems Economics Investments 40

CFO News Room

FEBRUARY 2, 2022

The rule also encourages state and local governments to spend the fiscal relief rapidly and directly, prioritizing economic recovery and equity. Second, the rule provides new options to assist low-income workers and families dealing with the economic impact of COVID. Addressing the economic impacts of the COVID pandemic.

Treasury 130

Treasury Economics Education Prioritization 130

PYMNTS

JUNE 5, 2018

The insecurity comes from the large number of third-part intermediaries that have sprung up in the economic ecosystem, which function in much the same way that banks do when it comes to issuing checks.

Currencies 44

Currencies Financial Systems Leverage Banking 44