PYMNTS

SEPTEMBER 19, 2019

The outlook for banks, businesses and consumers to remain protected could significantly improve with the systems’ prevalence. . Fraud takes many shapes and forms and comes with a hefty price tag. Banks and businesses would also be wise to take holistic approaches to fraud. The High Costs Of Fraud . Getting AI Security Right

Securities 51

Securities Technology Banking Accounting 51

PYMNTS

APRIL 20, 2016

Today’s 5-In-1 has the latest numbers from Google about sites being hacked, some pretty big price tag potential for the future of unattended retail, the latest figures from the CFPB about hidden payday lending fees, what the EU is accusing Google of, and numbers that show the impact of Amazon’s latest fashion tie up.

Manufacturing 40

Manufacturing Numbers Retail Banking 40

PYMNTS

APRIL 18, 2017

Dealing with the damage falls mostly to IT providers for 63 percent of firms — as opposed to only 12 percent of banks and 2 percent of police forces who reported being reliant on IT providers to clean up post-hack issues. Banks and police forces tend to have in-house staff for these sorts of issues.

Securities 41

Securities Financial Data Finance Banking 41

PYMNTS

DECEMBER 27, 2019

Some families pay more in taxes on diapers in a year than a month’s supply actually costs, Phillip Vander Klay, director of policy and government relations for the National Diaper Bank Network , noted in a recent discussion with PYMNTS. Sales taxes’ price tags. Depending on the state and local taxes, a sales tax can add between 2.5

Compliance 58

Compliance Auditing Sales Retail 58

PYMNTS

SEPTEMBER 23, 2019

For example, businesses are paying insurance claims to consumers and loan proceeds to borrowers in real time – and banks and FinTechs are enabling payments between people in real time. Cash flow may be king, but as that wise cartoon sage, The Wizard of ID , told us in 1964, “ he who has the gold makes the rules.”.

B2B 61

B2B Leverage B2C Investments 61

PYMNTS

JANUARY 28, 2019

Though Capital One had lots of positive forward-looking statements to make after releasing its Q4 earnings information last week, its stock sank as what investors and analysts most noted was that the bank missed on both earnings and revenue. For Q4, the bank said provision for credit losses increased 29 percent to $1.6

Advertising 51

Advertising Retail Currencies Banking 51

PYMNTS

SEPTEMBER 23, 2016

A federal judge has ruled that bitcoin is real money in a criminal case involving Anthony Murgio, his unlicensed bitcoin exchange Coin.mx District Judge Alison Nathan and Judge Jed Rakoff in 2014 ruled otherwise. Bitcoins can be accepted as a payment for goods and services or bought directly from an exchange with a bank account.

Profit and Loss 77

Profit and Loss Currencies eCommerce Leverage 77

PYMNTS

MARCH 2, 2016

Last week, Ripple published a report outlining some of its boldest claims about the potential of distributed ledger technology, including that it could save banks money. We break down the company’s argument as presented in “ The Cost-Cutting Case for Banks: The ROI of Using Ripple and XRP for Global Interbank Settlements.”

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

Barry Ritholtz

JULY 11, 2023

JOHNSON: And then I moved into, we had a bank at the time, and I moved into running part of the bank. RITHOLTZ: So Franklin obviously divests out of the banking business, the credit card business, the auto financing business. The requirements for asset managers to have a bank were such that it would inhibit us a bit.

Mergers and Acquisitions (M&A) 85

Mergers and Acquisitions (M&A) Investments Finance Technology 85

Barry Ritholtz

MAY 30, 2023

BRYANT: And so when this guy told me that we’re, at that time, 10,000 banks, hundreds of thousands of bankers, 100,000 banks. RITHOLTZ: Were there banks in your neighborhood or were you an unbanked … BRYANT: Well, I mean, it was so few you knew where they were, put it that way, right? RITHOLTZ: Okay. RITHOLTZ: Right.

Economics 56

Economics Education Profit and Loss Banking 56

Musings on Markets

DECEMBER 10, 2023

From Alfred Sloan at General Motors to Jack Welch at General Electric to Steve Jobs at Apple, there is a history of CEOs being tagged as superstars (and indispensable to the organizations that they head), in successful companies.

Valuation 113

Valuation Profit and Loss Entertainment Investments 113

PYMNTS

MAY 24, 2016

So, PYMNTS reached out to Pew and the director of its small-dollar loans project, Nick Bourke, to get their perspective on the payday loan problem, as the ecosystem eagerly awaits the coming round of CFPB draft rules on the subject. ” But, Bourke notes, the CFPB rule could do more here if well-formed. Bourke asked.

Banking 41

Banking Accounting Leverage Numbers 41

PYMNTS

APRIL 18, 2016

Plus, research places a price tag on B2B sales efforts, the alternative lending industry and small business expense practices. Expanded globally, the price tag of wasted money hits $1.4 All the stats funnel into the picture of how companies are spending their money — sometimes, not so wisely. trillion every year, reports said.

B2B 40

B2B Finance Invoicing Sales 40

PYMNTS

JULY 16, 2020

Apart from celebrities, Apple and Uber were also tagged in the hacking event that occurred Wednesday (July 15). Targeting consumers, a social engineering fraudster will impersonate law enforcement, a bank or the IRS demanding payment. And the forms these frauds appear in is varied.

Securities 64

Securities Accounting Education Communication 64

CFO News Room

NOVEMBER 1, 2022

So, for us, we really are seriously asking, give us three months of bank statements, three months of credit card statements. Michael: So, as they start sending in things like bank statements and credit card statements, you’re manually digging into that stuff to try to actually organize their spending and cash flow information?

Planning 130

Planning Investments Accounting Math 130

PYMNTS

DECEMBER 22, 2016

PayPal doubled down on that this year right down to the wire with the announcement of two new partnerships with credit card issuing behemoth Citibank and financial technology firm FIS, which will enable both the easy provisioning of PayPal cards via the bank’s mobile app and a co-branded experience for the banks.

Securities 60

Securities Economics Banking Sales 60

Barry Ritholtz

OCTOBER 10, 2023

Can I just tag along? And every five minutes someone shouts a rule change. Alameda had a pre-existing bank account so you could wire money into Alameda and then they’re supposed to move it over to F T X. And that it turns out capitalism needs guardrails, banks need regulations. What could go wrong? Yeah, yeah.

Math 60

Math Profit and Loss Numbers Marketing 60

Barry Ritholtz

APRIL 25, 2023

But her understanding of it is, they must know the rules of the game better than others. RITHOLTZ: They know the rules of the road better than others. RITHOLTZ: Because it means we don’t really know why we’re slamming these two companies together other than the fees, the banking fees. RITHOLTZ: Right. HAMBURGER: Yes.

Mergers and Acquisitions (M&A) 60

Mergers and Acquisitions (M&A) Compliance Investments Finance 60

Barry Ritholtz

DECEMBER 20, 2022

To lead the bank’s efforts in investing in sovereign debt restructurings and to bring our clients along was a great experience. KOENIGSBERGER: — you know, when I got to Merrill in 1995, and you looked at the trade blotter of who you were trading with, it was basically banks trading with each other. He said yes.

Restructuring 60

Restructuring Investments Marketing Banking 60

Barry Ritholtz

MAY 2, 2023

Banks, legitimately. And then within LVMH, I moved to Tag Heuer, which is a pure watch business — RITHOLTZ: Right. It was really kind of in the Tag Heuer timeline for me, career-wise, that I became aware of Ben and of Hodinkee. And, to the detriment of my banking account, but to the betterment of my wrist and garage.

Retail 64

Retail Advertising Numbers Economics 64

Barry Ritholtz

DECEMBER 26, 2023

And that’s one of Bob Ferrell’s 10 rules to remember, you know, markets are, are stronger when they’re broad and weaker, when they’re narrow. He has his 10 rules to remember. And if I mention any of these things, any of his rules that follow my research notes, it’s like my readership doubles.

Marketing 60

Marketing Leadership Finance Investments 60

Barry Ritholtz

MAY 16, 2023

I think eventually it’s Dain Rauscher, which is now Royal Bank. I can either just give it away for free, which, you know, I started the cash tag dollar sign… RITHOLTZ: Right. What, what do you do when suddenly the bank calls and says, “Hey, there’s a couple extra zeros in your bank account.

Leverage 111

Leverage Investments Valuation Finance 111

Barry Ritholtz

OCTOBER 3, 2023

00:29:57 You’ve got a big banking business that you care about, and you’ve got a lot more aspects of the company that you care about. We did not have the strongest West Coast banking presence. You know, funding a, a a a a institution or funding a bank is really important. They run outta liquidity.

Marketing 107

Marketing Treasury Banking Profit and Loss 107