Remove Banking Remove Concentration Remove Credit Risk
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Banks Aim AI At Credit Risk, Payments Services

PYMNTS

Of the seemingly inexhaustible uses of artificial intelligence (AI) in the financial sector, its applications around managing credit risk and optimizing payment services are among the most promising. percent are doing so in credit underwriting. The second-most common application is credit underwriting, as 71.4

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Transcript: Melissa Smith, co-Head of Commercial Banking at JPMorgan

Barry Ritholtz

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
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OCC Defines Top Threats To Banks This Season

PYMNTS

Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. The federal banking system is, and should be, a source of strength for the nation and its economy.

Banking 46
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ESMA outlines its approach to reporting on systemic impacts of clearing

PWC UK

Other EU institutions, such as the European Central Bank (ECB), have indicated they will feed their views into the ESMA report. ESMA will identify any difference in basis available between TC and EU CCPs, and model any concentration add-ons.   ESMA is expected to set out its findings in a report, expected in late 2021.

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Can Better, Digital Credit Help SMBs Thrive?

PYMNTS

Those receivables, an asset to the business, are only an asset when they become cash in that SMB’s bank account. Those smaller B2B operators “are not in the best position to be accepting and taking credit risks,” Sebastian Rymarz, chief business officer for Fundbox , told Karen Webster in a recent interview with PYMNTS.

B2C 63
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Can FinTech Walk The FinTalk?

PYMNTS

Digital banks. Most of that spend will be concentrated in the U.S., In an interview in 2013 , Founder and then-CEO Renaud Laplanche boasted that incumbent banks like Chase were “like Blockbuster Video” in a world in which tech and new lending models like LendingClub’s would bury them. Digital Banks. Blockchain.

Banking 73
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APAC capital markets during the COVID-19 crisis

Future CFO

Central banks are also pushing their supervised entities to go digital and prepare for their requirements and rewards. In the Philippines, the race on who can implement the best digital strategies and increase the use of digital banking among its clients and customers are on. No one was talking or worrying about NPL and reserves.