CFO Simplified

APRIL 15, 2022

The president of the company reached out at the bank’s request. Customer concentration had become an ever-bigger problem as borrowing increased. Significant Findings and Recommendations: Reduce Customer Concentration. With the bank getting nervous, current liberal advance rates were at risk. Location – Chicago, Illinois.

Concentration 52

Concentration Profit and Loss Sales B2C 52

PYMNTS

SEPTEMBER 1, 2020

Fewer correspondent banks to move that money. The Bank for International Settlements (BIS) said in a recent report that the number of correspondent banks — where banks and financial institutions (and domestic payment systems) are linked together — slipped 3 percent in 2019 vs. 2018 and declined a significant 22 percent from 2011 to 2019.

Banking 123

Banking Concentration Numbers Economics 123

CFA Institute

AUGUST 30, 2021

What are the effects of buy-side concentration on the structure of the corporate bond market?

Concentration 68

Concentration Marketing Risk Management Economics 68

PYMNTS

DECEMBER 16, 2020

The regulators have recommended that the eight private banks which own large shares of the settlement and process firms sell them, as regulators said they have an unfair advantage, according to the AP. Poovala said the country's cumbersome banking process is easy to see up close as he had to make Oyster in order to get properly banked.

Concentration 83

Concentration Banking Economics Accounting 83

PYMNTS

DECEMBER 28, 2020

In today’s top news in digital-first banking, financial regulators in China are moving to check the influence of Jack Ma’s Ant Group, while the second pilot of a digital yuan by the People’s Bank of China has concluded. China's Central Bank Tells Ant Group To Concentrate On Payments Business.

Concentration 62

Concentration Banking Retail Currencies 62

PYMNTS

FEBRUARY 23, 2020

JPMorgan Chase is taking steps to open a digital bank in the U.K. The banking firm has been talking with London regulators about the idea, according to The Financial Times on Saturday (Feb. bank Goldman Sachs launched a digital bank called Marcus in the U.K. But the bank had no comments on the matter as of Sunday.

Banking 102

Banking Concentration Securities Retail 102

CFO Simplified

AUGUST 21, 2022

If you’re like many business owners, you may have a loan from your bank. In this case, the bank is giving you a percentage of those quick assets—either inventory or accounts receivable (AR)—to provide support for the loan they’re giving you. Why Is My Bank Changing Its Advance Rates? Let’s dive in. InRegarding Inventory.

Banking 98

Banking Concentration CFO Accounting 98

Global Finance

MARCH 5, 2025

The US is quickly losing ground to China, which since 2009 has become Brazils largest trade partner, according to both the IMF and the World Bank. billion) in acquisitions and operations across Brazil, where half of its operations are now concentrated. As of 2023, China was the destination of 30.7%

Pharmaceutical 115

Pharmaceutical Investments Concentration Economics 115

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. Bank regulators and overseers have been tracking the problem since the outbreak’s onset.

Banking 91

Banking Concentration Financial Systems Retail 91

PYMNTS

APRIL 29, 2020

The April 2020 Unlocking AI Playbook: Credit Risk And Payments edition, done in collaboration with Brighterion , notes that “… banks appear to be applying AI with greater specificity than in the past, suggesting that strong use cases have emerged. Our research shows that 92.9 percent are doing so in credit underwriting.

Credit Risk 100

Credit Risk Banking Concentration Securities 100

PYMNTS

JULY 23, 2020

Berkshire Hathaway , the Warren Buffett-helmed conglomerate that owns Geico , upped its stake in Bank of America (BoA) by over $800 million, in what the Financial Times (FT) reported is a vote of confidence in the lagging U.S. banking sphere. Bancorp and Bank of New York Mellon. Morgan Chase , U.S.

Banking 90

Banking Concentration Investments 90

Global Finance

OCTOBER 11, 2024

Global Finance presents its 31st annual list of best banks worldwide. Banks face an uphill battle as supply chains remain disrupted, regional conflicts continue to build, and the fear of bank failure returns. Industry leadership, advancements in digitalization and corporate citizenship also factored in.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

FEBRUARY 26, 2020

Founded in 2016 by Denise Koskinen and Monika Liikamaa, Enfuce offers payment and open banking services to more than 8 million banks, FinTechs, financial operators, and merchants. . Noting the worldwide cost of fraud is estimated at £3.89 trillion ($5.13 With ARIC Risk Hub, we remove that worry.

Banking 90

Banking Concentration Startups eCommerce 90

Musings on Markets

MAY 5, 2023

In March 2023, the fall of Silicon Valley Bank shocked investors not only because it was unforeseen, but also because of the speed with which it unfolded. That failure has had a domino effect, with Signature Bank falling soon after, followed by Credit Suisse in April 2023 and by First Republic last week.

Banking 97

Banking Profit and Loss Securities Investments 97

PYMNTS

APRIL 21, 2020

We now must bank entirely online, by necessity. The stage is being set, then, for consumers to pivot away from legacy banking toward trusted brands that, increasingly, are building out financial services. To get there, said Verdon, firms need a streamlined way to conceptualize, innovate, test and create new banking products.

Banking 92

Banking Accounting Concentration Leverage 92

PYMNTS

NOVEMBER 2, 2020

People’s Bank of China (PBOC) Governor Yi Gang said the pilot program for digital yuan has gone well, with over 2 billion yuan ($299 million) used in over 4 million transactions, Bloomberg reported. 2), said that FinTech companies have some "key advantages" over traditional banks in terms of developing a customer base and curbing risk.

Concentration 116

Concentration Currencies Banking Retail 116

PYMNTS

NOVEMBER 22, 2016

alternative lender Funding Options is calling big banks out for favoring large corporates over SMEs. In an article penned for Asset Finance International, Funding Options CEO Conrad Ford said big banks are favoring larger businesses for overdraft loans, leading small and medium-sized firms to struggle.

Banking 70

Banking Concentration Invoicing Finance 70

Barry Ritholtz

MARCH 4, 2025

The transcript from this weeks, MiB: Melissa Smith, co-Head of Commercial Banking at JPMorgan , is below. Melissa Smith is co-head of commercial banking for JP Morgan. Previously she was co-head of the bank’s Innovation Economy Group. And just to define that middle market sort of means in, in the commercial banking, right?

Banking 52

Banking Mergers and Acquisitions (M&A) Marketing Manufacturing 52

Global Finance

OCTOBER 14, 2024

The $644 billion-in-assets banking sector remains dominated by a few brick-and-mortar, multinational giants. Described by CNBC as “one of the most disruptive companies in the world,” Kapital Bank is one such neobank. Since we took over banking operations, usage has almost tripled,” he adds.

Banking 64

Banking Concentration Startups Economics 64

PYMNTS

JUNE 22, 2020

bank accounts since the coronavirus first hit the U.S. Banks are flooded with cash; they’re like Scrooge McDuck swimming in money.”. First quarter deposit gains were concentrated at the top banks, including JPMorgan Chase, Bank of America and Citigroup, which grew faster than smaller firms, according to company data, CNBC reported.

Banking 67

Banking Concentration Economics Accounting 67

Global Finance

OCTOBER 10, 2024

Byadran Lkhagvasuren, governor of the Bank of Mongolia, speaks to Global Finance about the country’s growth prospects and its pursuit of sustainable economic development. The growth outlook for 2024 and 2025 remains favorable, supported by strong external demand and a significant rise in the Oyu Tolgoi mine’s copper concentrate production.

Restructuring 75

Restructuring Foreign Exchange Banking Transportation 75

PYMNTS

JANUARY 22, 2021

As corporate treasurers hit the ground running in 2021, Schwartz said, they must be strategic about implementing cutting-edge solutions and should work with their banks as collaborative partners to overcome the biggest barriers to working capital optimization. "But they need to be planned for.". A Fork In The Road. A Forward-Looking Strategy.

Treasury 103

Treasury Concentration Currencies Banking 103

PYMNTS

SEPTEMBER 16, 2020

PSD2 and open banking regulations were forged to accelerate competition in the financial services arena, and this week, a look at the latest initiatives reveals the opportunity for new market entrants to rival incumbents in the small business banking arena. Payoneer Debuts Program For Banks. Banking and accounting for U.K.

Banking 56

Banking Concentration Reconciliations Invoicing 56

Barry Ritholtz

MARCH 9, 2024

Wall Street Journal ) • These 10 Lenders Have Bet the Bank on Commercial Real Estate. In the wake of New York Community Bancorp’s selloff, Barron’s is examining banks with the highest concentration of commercial real estate loans. How a 93-year-old woman made a Bronx medical school tuition-free using Berkshire Hathaway stock.

Concentration 122

Concentration Forecasting Banking Securities 122

Future CFO

MARCH 19, 2023

To mitigate risks of bank failures, 28% of CFOs plan to diversify deposits across more banks, said Gartner recently when releasing results of a survey. CFOs have a short window to ensure security of their assets, payments, and funding in case things deteriorate further across the banking sector, Bant observed.

Planning 52

Planning Concentration Banking Education 52

CFO News

NOVEMBER 22, 2023

Reserve Bank of India (RBI) Governor Shaktikanta Das emphasized the increasing connectivity between banks and Non-Banking Financial Companies (NBFCs). He urged banks to continually assess their exposure to NBFCs and the exposure of individual NBFCs to multiple banks, as concentrated linkages could pose "contagion risks."

Concentration 52

Concentration Banking 52

PYMNTS

MARCH 5, 2018

To create a financial product that would appeal to younger customers and those without a bank account, Amazon is reportedly in talks with big banks like JPMorgan Chase about designing a checking account-like product. If the product were to launch, Amazon would serve as a partner to the big banks.

Accounting 57

Accounting Banking Healthcare Concentration 57

PYMNTS

JANUARY 26, 2021

But a top Chinese central bank chief said Ant’s IPO could go forward once problems are resolved. Bloomberg reported that People’s Bank of China Governor Yi Gang said regulatory agencies are, in relation to Ant, still looking into issues surrounding potential monopolies. At the time, Ant was worth an estimated $316 billion.

Concentration 95

Concentration Economics Banking Planning 95

CFO Thought Leader

NOVEMBER 17, 2024

Upon graduation, he joined the World Bank’s International Finance Corporation, focusing on empowering small businesses in developing countries. This passion led him to pursue an MBA at MIT Sloan, concentrating on clean energy finance. Embrace challenges and take on diverse roles to expand your skill set.

CFO 52

CFO Finance Concentration Startups 52

Future CFO

MARCH 23, 2023

While CFOs are mitigating bank failure risks, businesses are worried about a spillover to Asia Pacific. According to Fitch , APAC banks are resilient to the recent bank failure risks. Quality of deposits The quality and persistence of deposits is an important credit consideration for bank credit ratings, according to Fitch.

Banking 52

Banking Valuation Concentration Risk Management 52

PYMNTS

JULY 28, 2020

The European Central Bank (ECB) is warning its members could face more challenges if the economic crisis deepens, CNBC reported. But he warned that if the crisis deteriorates then some banks would face difficulties in maintaining their compliance with the minimum capital requirements. percent and 12.6

Economics 56

Economics Banking Concentration Compliance 56

Global Finance

OCTOBER 10, 2024

György Matolcsy, governor of Hungary’s central bank (Magyar Nemzeti Bank), reflects on his second term and speaks about plans to potentially join the euro. György Matolcsy: After the global financial crisis, central banks realized that monetary institutions and policy needed to be renewed. What is the status of these plans now?

Economics 59

Economics Banking Concentration Currencies 59

CFO News Room

FEBRUARY 5, 2022

While the Budget delivers on many fronts, achieving this completely would require a concentrated effort spanning multiple years and further reforms. Adding to this is the revamp of the Credit Guarantee Trust which will enhance the ability of banks in extending loans to the businesses through an additional credit of Rs 2 lakh crore.

Budgeting 130

Budgeting Manufacturing Economics Concentration 130

PYMNTS

FEBRUARY 5, 2020

Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. Broadly speaking, amid higher allowances, banks would charge higher rates amid higher risk.

Accounting 63

Accounting Banking Forecasting CFO 63

Global Finance

JULY 26, 2024

Banking Circle is the winner of our award for Best Embedded Treasury Solution, providing the core financial infrastructure that allows businesses to build and offer embedded financial solutions. Backbase is another winner of two awards, as Best Non-Bank for Treasury FX Services and for Best A/P & A/R Integrated Solution.

Cash Management 111

Cash Management Treasury Foreign Exchange Banking 111

PYMNTS

JUNE 6, 2018

based bank accounts and receive payments by the same means. Mastercard said it has enlisted Starling Bank, a challenger bank, as the strategic partner for settlement services in the U.K. based customer for the service will be Income Group, which is a payroll-focused payment provider concentrated on paying employees in real time.

Accounting 55

Accounting Banking Concentration B2B 55

CFO News Room

FEBRUARY 2, 2022

An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. dollars or other currencies around the world, but they are not generally backed or supported by any government or central bank.

Concentration 130

Concentration Investments Securities Currencies 130