Future CFO

DECEMBER 14, 2021

China's shadow banking assets will continue to decline on regulators' continued focus on containing systemic risks in the financial sector, said Moody’s recently. Broad shadow banking assets fell by around RMB1.58 Broad shadow banking assets fell by around RMB1.58 from 58.3% Trust loans fell by RMB1.2

Banking 52

Banking Leverage Economics Financial Systems 52

Global Finance

AUGUST 13, 2024

As global investors increasingly prioritize sustainability and ethics, Islamic banking’s alignment with these values positions it as a key player in the burgeoning sustainable finance movement. Islamic banking has also proven resilience in turbulent economic times. Sharia-compliant banks don’t issue interest-based loans.

Finance 116

Finance Prioritization Economics Banking 116

Future CFO

MAY 16, 2024

According to Christiane Zhao , accessibility champion at SecurityTech company Giesecke+Devrient and technical advisor at Harvard University , financial inclusion has emerged as an attractive proposition for banks and fintech companies when leveraged effectively.

Financial Systems 52

Financial Systems Leverage Finance Banking 52

Global Finance

SEPTEMBER 4, 2024

Following the successful launch of Circle’s proprietary USDC via behemoth banks BTG Pactual and Nubank in March, the unicorn Latin American startup Mercado Libre has rolled out its commission-free dollar-backed stablecoin, the Meli Dolar. The post Latin America: Stablecoin Race Heats Up appeared first on Global Finance Magazine.

Currencies 52

Currencies Financial Systems Leverage Startups 52

Future CFO

MARCH 30, 2021

The fall in China's shadow banking activities since the fourth quarter of 2020, reversing the growth over the first three quarters, is set to continue in 2021 as regulators withdraw economic stimulus and focus on containing financial systemic risks, said Moody’s recently.

Banking 40

Banking Financial Systems Leverage Economics 40

CFO Talks

JULY 4, 2024

Key Takeaway: Companies should consider candidates from diverse professional backgrounds for CFO roles to bring a holistic approach to financial leadership, encompassing not just accounting, but also operations, IT, HR, and strategic development.

CFO 52

CFO Strategic Planning Currencies Prioritization 52

Future CFO

JANUARY 4, 2021

The broad downward trend in China's shadow banking activities continued though the country supported its economic recovery from the pandemic, said Moody's Investors Service recently. . Overall shadow banking assets grew by RMB700 billion in the first quarters of 2020 according to estimates of Moody’s, following a RMB2.3

Banking 40

Banking Economics Financial Systems Leverage 40

Future CFO

NOVEMBER 21, 2023

Despite recent data signalling continued disinflation in major developed economies, the continued resilience of the US consumer could yet lead to an ‘even-higher-for-even-longer’ interest rate scenario should demand data be stronger than expected and exceed central bank forecasts, the credit rating agency noted.

Credit Risk 52

Credit Risk Valuation Forecasting Financial Systems 52

Future CFO

AUGUST 16, 2020

The extension of a deadline for Chinese financial institutions to comply with new asset-management rules will probably ease pressures facing the shadow-banking sector though the scale of the effect will be limited, said Fitch recently. This will result in a further reduction in securities and trust companies’ channel business.

Banking 40

Banking Financial Systems Finance Leverage 40

PYMNTS

JANUARY 15, 2018

The China Banking Regulatory Commission (CBRC) announced this past weekend that it is focusing on boosting oversight of banking and interbank activities. The CBRC also said it is gearing up to enact stronger risk controls for financial products, interbank activities and off-balance sheet business.

Banking 43

Banking Advertising Financial Systems Leverage 43

Barry Ritholtz

MARCH 20, 2023

Silicon Valley Bank depositors made whole; Credit Suisse counter-parties saved; First Republic bondholders protected — are these bailouts or something else? All of the huge brokers and many of the largest banks enjoyed those privatized gains and socialized losses. Were these people “bailed out?”

Profit and Loss 129

Profit and Loss Banking Risk Management Financial Systems 129

PYMNTS

APRIL 15, 2019

Specifically, who knows what dangers — for banks, at least — lurk in shadow banking, as FinTechs emerge to nibble at market share? Call it a double-barreled threat pointed toward financial institutions (FIs) that have set down roots over decades, indeed, hundreds of years. financial system amid the rise of alternative lenders.

Financial Systems 70

Financial Systems Leverage Banking Concentration 70

CFO Share

APRIL 11, 2024

A more nefarious version occurs when your vendor’s email gets hacked and the fraudster (using the vendor’s actual email address) claims they changed bank accounts. Outsourced bookkeeping services leverage size and scale to deploy policies faster and cheaper than your small business could.

Securities 52

Securities CFO Invoicing Education 52

PYMNTS

NOVEMBER 30, 2020

WatchDOG AML is a “holistic” anti-money laundering ( AML ) solution that works to prevent financial crime by “identifying suspicious activity in real time with an enterprise transaction monitoring system,” the companies said in a statement on Monday (Nov.

Risk Management 63

Risk Management Compliance Financial Systems Leverage 63

PYMNTS

JULY 26, 2017

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

Banking Compliance Currencies Concentration 46

PYMNTS

FEBRUARY 11, 2019

The survey, an annual report on non-banking activities, said there also remains a small risk of FinTech credit problems having an impact on the rest of the financial system, … but the risk could increase if banks and other investors underwrite those products.

Leverage 78

Leverage Leadership Banking Financial Systems 78

PYMNTS

JULY 20, 2017

As such, it should come as no surprise that banks from around the world are dipping their toes into blockchain technology in various projects. Business Intelligence’s latest research, The Blockchain Banking Report, confirms banks’ decision to figure out a way to work blockchain into their inner workings. From the U.K.

Banking 42

Banking Technology B2B Financial Systems 42

CFO Talks

SEPTEMBER 26, 2024

Financial Sector Conduct Authority (FSCA): The FSCA regulates financial institutions, including banks, insurers, and asset managers, focusing on market conduct to ensure fair treatment of customers. Leverage Technology: Use compliance management software to track deadlines, automate filings, and maintain records.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

Global Finance

SEPTEMBER 5, 2024

In Brazil, the Pix payment system lets people, corporations, and governments transfer and accept funds instantly, 24 hours a day—even when banks are closed. BTG Pactual created boostLAB in 2018 to help the bank become a destination for tech companies banking in Latin America.

Startups 52

Startups Finance Banking Technology 52

PYMNTS

OCTOBER 13, 2020

Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States. These risks are not unique to money services businesses or virtual currency exchangers; banks must be thinking about their crypto exposure as well," he said.

Compliance 82

Compliance Currencies Financial Systems Leverage 82

PYMNTS

JULY 1, 2019

The Bank for International Settlements (BIS) has sent out a warning about the rise in corporate borrowing, saying it could be a danger to the global financial system, according to The Guardian. While firms in the U.S. — and, to a lesser extent, the U.K.

Financial Systems 51

Financial Systems Leverage Banking Sales 51

PYMNTS

SEPTEMBER 23, 2019

Credit scoring and analytics company FICO is launching the FICO Falcon X and the FICO Financial Crimes Studio to help data scientists leverage artificial intelligence (AI) technology to help with the detection of financial crimes, according to a release by the company.

Compliance 52

Compliance Leverage Financial Systems Finance 52

Future CFO

MAY 6, 2020

As a result of the expected prioritising of economic stability over deleveraging by the Chinese government this year, the clampdown on shadow banking will ease as the authorities look to stave off a potential wave of defaults associated with the pandemic and its fallout, the rating agency noted in a statement. . “We

Finance 52

Finance Economics Banking Forecasting 52

PYMNTS

JUNE 5, 2020

Open banking provides opportunities such as upgraded customer convenience and customized financial solutions that can help consumers access bank account details, send payments, manage their budgets and more. Open banking-facilitated apps can offer tailored support, reducing the need for in-person services.

Securities 69

Securities Banking Leverage Accounting 69

PYMNTS

DECEMBER 17, 2019

That’s one of the main messages of a new PYMNTS interview with Regio Martins, CEO and founder of nobli , which aims to enable businesses to offer more forms of collateral when seeking loans — the company’s personal loans are secured by financial collateral. In essence, nobli functions as a Credit-as-a-Service provider.

Financial Systems 54

Financial Systems Startups Banking Treasury 54

PYMNTS

JANUARY 20, 2021

Payments have typically been the exclusive domain of banks, card issuers and FinTechs — distinct from a product or service offering and usually requiring distinct motions for both the buyer and seller to complete a transaction. I hope we can leverage that urgency to prioritize a lot more examples of embedded finance on the B2B side in 2021.

B2C 70

B2C B2B Currencies Invoicing 70

PYMNTS

JANUARY 21, 2019

The letter highlighted the role of faster payments as a panacea to financial inclusion problems in the U.S. The letter highlighted that access to the payments systems today is only possible through incumbent intermediaries – the banks and the card networks – which have not kept pace with the needs of consumers and businesses.

Banking 77

Banking Financial Systems Leverage Accounting 77

PYMNTS

APRIL 11, 2016

A new report from Citigroup makes the case for this gradual, uneven evolution when it comes to blockchain technology and the banking sector. It’s an important conclusion, especially as banks simultaneously fear and embrace the potential for blockchain to change the way they operate.

Banking 40

Banking Reconciliations Finance Technology 40

PYMNTS

JUNE 9, 2017

Government regulation is at the core of what helps shape the financial system in nearly every country, and the U.S. percent | Amount the Financial Select Sector SPDR Fund, which tracks the S&P 500 financial stocks, surged since the vote to overhaul Dodd-Frank. is no different. Here are the numbers: 1.4

Financial Systems 40

Financial Systems Leverage Retail Numbers 40

Adam Kae

JULY 17, 2023

At Adam Kae & Associates, we not only create financial strategies and financial systems for digital marketing agencies, but we are instrumental in helping successfully implement them. We'll also cover cash flow forecasting techniques and risk management to minimize financial uncertainties.

CFO 52

CFO Marketing Cash Flow Forecasting Forecasting 52

PYMNTS

JUNE 5, 2018

According to reports in CoinDesk , care of a Chinese government official, China’s central bank has completed its work on a blockchain-based system for digitizing checks issued domestically by businesses. ” The work is the culmination of a years-long effort by the Central Bank’s R&D department, according to Di.

Currencies 44

Currencies Financial Systems Banking Leverage 44

PYMNTS

APRIL 26, 2018

Mastercard and IFC , a member of the World Bank Group, announced Thursday (April 26) that they have updated a $250 million global risk-sharing facility in an effort to expand access to electronic payments in emerging markets. Mastercard said its work with the World Bank Group is helping to increase universal financial access by 2020.

Marketing 48

Marketing Risk Management Financial Systems Leverage 48

PYMNTS

AUGUST 17, 2018

The idea behind the service is to serve both the banked and unbanked. “In In the past decade, mobqiuity® Money has helped many countries to bring millions of their unbanked citizens under formal financial systems and increase financial inclusion,” Comviva Chief Executive Officer Manoranjan Mohapatra said in the announcement. “We

Invoicing 40

Invoicing Financial Systems Leverage Banking 40

PYMNTS

JUNE 30, 2017

“I don’t want to sound like too much of a futurist, but I think it is inevitable at this point that cryptographic networks — blockchains, shared ledgers, whatever it may end up being called — in one form or another will become the basic underpinning of how the financial system works. The Move on a New Market.

B2B 77

B2B Currencies Banking Leverage 77

PYMNTS

DECEMBER 30, 2019

“By working closely, we can jointly leverage our scale and platform capabilities to help drive inclusion and access to the global digital economy. The region will continue to become particularly important to PayPal , the company said in the report, as more payment and banking partners single out the region for their own expansion plans.

eCommerce 62

eCommerce Leadership Investments Financial Systems 62

PYMNTS

DECEMBER 30, 2019

“By working closely, we can jointly leverage our scale and platform capabilities to help drive inclusion and access to the global digital economy. The region will continue to become particularly important to PayPal, the company said in the report, as more payment and banking partners single out the region for their own expansion plans.

eCommerce 52

eCommerce Leadership Investments Financial Systems 52

PYMNTS

JULY 8, 2019

The system has always had its flaws, noted Alain Meier, CEO of Cognito – but in a pre-digital banking world where onboarding was a multi-day process, it wasn’t completely out of step with modern practices. The entire world has gone digital – particularly when it comes to commerce and financial services.

Compliance 80

Compliance Financial Systems Leverage Banking 80