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African Banking Roundtable: New Focus On Capital Markets

Global Finance

Africa today is the worlds youngest continent, with a growing population and several fast-growing economies, but significant challenges, including the need for regulatory reform in banking and finance. Global Finance: Last year, we discussed the departure of a number of high-profile foreign banks from Africa.

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Using AI To Keep Issuers On The Right Side Of Credit Risk

PYMNTS

But AI is still relatively rare in the banking world, with only 5.5 percent of banks in our survey equipped with genuine AI systems. Credit Risk. Core use cases that are getting a lot of traction, Dhala said, involve credit risk. AI can also help to spot credit risk.

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Model Behavior: Banks See AI As A Customer Experience Tool

PYMNTS

Mastercard ’s Vice President, Global Head of Product for Artificial Intelligence (AI) Express and Credit Risk Amyn Dhala told Karen Webster in a discussion that technology can make that real-time risk management attainable. But AI, he said, can provide a lot more than that in terms of protecting FIs from risk.

Banking 106
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Brexit To Rob Europe’s Banks … Of Profits

PYMNTS

The impact of Brexit will have an outsized effect on banks, where as much as 32 billion euros could be erased from the ir bottom line s over the next two years , according to analysts at Goldman Sachs. That would represent a loss of roughly 11 percent of the bottom line projected through that period. . wherein membership in the E.U.

Banking 40
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1st Quarter 2024 Economic And Market Outlook: Potential Increased Volatility, Threats To Economic Growth, And Equity Markets

Nerd's Eye View

Notably, the work-from-home movement has resulted in a dramatic drop in office valuations that could lead to a whole host of issues, including lending constraints in the banking sector, which is already sitting on a mountain of unrealized losses on Treasuries and mortgages.

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Navigating IFRS, Key Updates and Changes

CFO Talks

IFRS 9 Financial Instruments: Managing Expected Credit Losses IFRS 9 introduced the concept of expected credit losses (ECL), which means companies must recognise potential credit losses earlier, based on a forward-looking model. Practical Example: Imagine a bank that issues loans to customers.

IFRS 52
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Looking Beyond Machine Learning To Balance Out Trade Finance Supply And Demand

PYMNTS

The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance services. Indeed, banks must tread carefully in the world of trade finance, and with such little room for error and financial losses, risk management is critical.

Finance 43