PYMNTS

OCTOBER 3, 2019

But what you probably don’t know is that consumers want the type of financial services control that could potentially reduce their risk for fraud and leave them responsible for more authentication tasks, according to fresh PYMNTS research. consumers, so the findings are solid enough to take to the bank, if you will.). Consumer Desires.

Banking 60

Banking Risk Analysis Securities 60

PYMNTS

AUGUST 21, 2020

Reuters reported the New York-based multinational investment bank and financial services corporation filed its third suit in the U.S million from Symphony Asset Management LLC, the San Francisco research, valuation and risk analysis firm. On Tuesday (Aug. 18), the financial services giant filed suit to recoup $127.3

Risk Analysis 105

Risk Analysis Restructuring Valuation Investments 105

PYMNTS

NOVEMBER 28, 2018

Tencent’s WeBank, China’s first internet-only bank, is banking on artificial intelligence to improve customer service, reported CNBC. “Banking, traditionally, was passive in a sense that … there is an office and people walk in and get services and only the VIP get(s) the best services,” Qiang said.

Banking 57

Banking Risk Analysis Restructuring Technology 57

PYMNTS

SEPTEMBER 16, 2019

trillion global payments market with free services, banks could lose as much as $280 billion in revenue by 2025, according to an Accenture report and press release circulated on Monday (Sept. In addition to Accenture’s research, 240 bank executives across 22 countries were surveyed about their plans to capitalize on digital disruption.

Startups 60

Startups Banking Risk Analysis Treasury 60

PYMNTS

JANUARY 30, 2019

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. 29) said Opus is rolling out its Clarity KYC solution to automate KYC workflows and enhance risk analysis. A press release on Tuesday (Jan. Ninety-one percent of those fines were issued to U.S.

Banking 46

Banking Compliance Risk Analysis Risk Management 46

PYMNTS

DECEMBER 2, 2020

Meanwhile, Aareal Bank launches a new B2B payments platform, Cobase teams up for FX and eCapital acquires a commercial lender. Germany's Aareal Bank Group Rolls Out B2B Payment Platform. Germany's Aareal Bank Group Rolls Out B2B Payment Platform. Sage Teams With Satago To Help SMBs Manage Cash Flow. 1) announcement.

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57

PYMNTS

MARCH 25, 2020

Australian corporate card provider Archa announced a collaboration of payment and open banking technology firm i2c to debut a new corporate credit card program in the country designed to address key pain points for small and medium-sized businesses (SMBs). Payhawk Explores Open Banking’s Biz Card Opportunity.

Mergers and Acquisitions (M&A) 46

Mergers and Acquisitions (M&A) Banking Foreign Exchange Risk Analysis 46

PYMNTS

FEBRUARY 1, 2019

Banks must have constant insight into potentially suspicious activities to stay ahead of fraudsters. These solutions can be implemented to review expansive volumes of bank transactions and data points to help banks detect questionable activities and broader patterns of potential fraud. Balkin said.

Banking 49

Banking Risk Analysis Financial Systems Communication 49

Global Finance

JULY 24, 2024

Africa— Rand Merchant Bank On the African continent, Rand Merchant Bank (RMB) strives to exceed the expectations of its clients by combining high levels of service with an exceptional technological platform to deliver effective sub-custody solutions covering all elements of trade transactions, as well as reporting and analytics.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

Global Finance

JULY 24, 2024

Africa— Rand Merchant Bank On the African continent, Rand Merchant Bank (RMB) strives to exceed the expectations of its clients by combining high levels of service with an exceptional technological platform to deliver effective sub-custody solutions covering all elements of trade transactions, as well as reporting and analytics.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

PYMNTS

FEBRUARY 22, 2017

As the European Banking Authority (EBA) prepares for the Revised Payments Systems Directive ( PSD2 ) to come into effect next year, it has reportedly changed its tune on one aspect of the rules that led to widespread criticism among online merchants. Reports Tuesday (Feb.

B2B 64

B2B Risk Analysis Communication Banking 64

PYMNTS

FEBRUARY 7, 2019

As readers of these digital pages know, the European Union directive mandates that bank customers can use third-party providers for financial services. The biggest shift under PSD2 will be tied to transaction risk analysis. Separately, 26 percent of companies are still using paper diaries that could expose customers’ details.

Risk Analysis 76

Risk Analysis Compliance Leverage Securities 76

PYMNTS

NOVEMBER 12, 2020

“Consumers benefit from the real-time transaction risk analysis with fast and frictionless online shopping, leading to a simple and secure user experience.” . The SIA and INFORM initiative is part of the compliance with the new Payment Services Directive (PSD2) and also helps protect shoppers from online fraud. .

Risk Analysis 66

Risk Analysis Compliance Securities Banking 66

PYMNTS

DECEMBER 26, 2018

Treasury’s FinCEN and Federal Banking agencies issued a joint statement encouraging innovative industry approaches to combating money laundering, terrorist financing and other illicit financial threats. Second is the individual or account layer; multiple transactions are associated with specific individuals and bank accounts.

Compliance 76

Compliance Risk Analysis Finance Accounting 76

Global Finance

JUNE 6, 2024

Global Finance spoke with André Portilho, head of digital assets at BTG Pactual, and Rafaella Dortas, executive director and head of BTG Pactual’s ESG team, about how the bank incorporates technology into its strategies. Portilho: For years, BTG Pactual discussed plans to bring a retail banking experience to the market.

Investments 52

Investments Risk Analysis Banking Finance 52

Global Finance

JUNE 6, 2024

Clara Higuera: When clients start facing difficulties in repaying loans, this is a double problem—for the customer and for the bank. These models allow the bank to offer solutions earlier—within a month for many clients—whereas before, it could take a year before a solution was offered to those clients. Higuera: It varies.

Risk Analysis 52

Risk Analysis Prioritization Banking Finance 52

PYMNTS

JUNE 17, 2020

The solution offers value-added features like automatic COVID-19 travel alerts and risk analysis, according to Business Travel News , while also enabling corporate travelers to remain within their firms’ travel policies.

Reconciliations 67

Reconciliations Accounts Payable B2B Risk Analysis 67

PYMNTS

NOVEMBER 12, 2020

“Consumers benefit from the real-time transaction risk analysis with fast and frictionless online shopping, leading to a simple and secure user experience.” . The SIA and INFORM initiative is part of the compliance with the new Payment Services Directive (PSD2) and also helps protect shoppers from online fraud. .

Risk Analysis 52

Risk Analysis Compliance Securities Banking 52

PYMNTS

OCTOBER 23, 2019

Together, Biz2Credit and Infosys will combine their respective small business lending and core banking technology expertise to support customized small business lending integrations for financial institutions as more banks look to digitize their operations. In a press release issued Tuesday (Oct.

Risk Analysis 41

Risk Analysis Banking Leverage Finance 41

PYMNTS

AUGUST 15, 2019

Called transaction risk analysis (TRA) exemptions, exempt transactions are considered to have extremely low fraud risks, with experts pointing to the opportunities for machine learning and other intelligent technologies to enhance the sophistication of risk analysis.

Risk Analysis 49

Risk Analysis Compliance B2B Treasury 49

PYMNTS

OCTOBER 1, 2020

Confident risk analysis can seem hard to come by when the world goes off its commercial axis, as it has been this year. Consumers’ emerging payment preferences will affect the future of open banking and privacy regulations in the region, and elsewhere around the world. Privacy Protection In The Spotlight.

B2B 52

B2B Risk Analysis Securities Banking 52

PYMNTS

AUGUST 6, 2018

“Even some of these large, multinational banks that have the people and data and tools, but one of the most basic fundamentals around monitoring your fraud exposure seems to be lacking.” “It’s a sensitive topic,” said Pozza.

Banking 40

Banking Risk Analysis Forecasting eCommerce 40

PYMNTS

MARCH 28, 2019

“With the increased availability of business data, advances in machine learning and the growth of APIs to make integrations easier, Fundbox is bringing risk analysis and on-demand access to capital directly at the point of the B2B transaction.

Finance 47

Finance B2B Risk Analysis Invoicing 47

PYMNTS

JUNE 5, 2020

Financial institutions (FIs) in the European Union (EU) and the United Kingdom are still thinking positively about open banking even as the COVID-19 pandemic creates obstacles. In the latest Merchants Guide to Navigating Global Payments Regulations® , PYMNTS looks at how the pandemic is influencing open banking developments in the EU, U.K.

Risk Analysis 52

Risk Analysis Banking Securities Budgeting 52

PYMNTS

SEPTEMBER 28, 2016

I get up, I read my emails, I advise and support my team and I do my risk analysis on all my companies and new customers. This is what our business is about, and we must detect it, keep track of it, be one step ahead of it and protect our merchants and bank partners. PYMNTS: What’s a day in the life of Rudolf Booker look like?

Risk Analysis 76

Risk Analysis eCommerce Startups Leadership 76

PYMNTS

JULY 13, 2018

Canada’s cyber-risk: Analysis of the country’s department of finance shows there is a “medium” likelihood of a cyberattack that could cause “significant” impact on the entity’s ability to function. AML not enough: New rules in the EU are designed to target money laundering , and yet there are already calls for … more rules.

Risk Analysis 40

Risk Analysis Finance Banking Retail 40

PYMNTS

SEPTEMBER 22, 2017

Promoting financial inclusion — a lofty ambition targeting two billion people around the world who currently live without the ability to securely send and receive money — is about more than taking cash away, handing those consumers an electronic payments solution and opening up bank accounts for them. But balances remain at zero.

Risk Analysis 64

Risk Analysis B2B Accounting Sales 64

PYMNTS

FEBRUARY 22, 2019

Germany-based Mambu announced $34 million in new funding for its banking Software-as-a-Service solution, the company revealed. Mambu links banks, lenders, FinTechs and other financial services players with a cloud-based core banking infrastructure. Capitalise. Capitalise has announced a $4.6

B2B 55

B2B Startups Construction Investments 55

PYMNTS

MARCH 23, 2017

With plans to launch the platform later this year, CurrencyVue will link into SME banking and accounting systems as they step onto a global stage, helping them reduce exposure to FX fluctuation risk. Recent research suggests SMEs aren’t paying enough attention to FX volatility risk. dollar, meaning an unhedged U.K.

Risk Analysis 40

Risk Analysis Accounting Marketing Planning 40

PYMNTS

JUNE 21, 2019

In an interview with Feedzai Chief Product Officer Saurabh Bajaj , the executive told PYMNTS that consumers who have embraced mobile banking don’t want to interface with people or paper when opening their accounts. The Challenger Banks. Ideally, they want to tackle forms on their tablets or smartphones.

Accounting 43

Accounting Risk Analysis Leverage Banking 43

PYMNTS

FEBRUARY 9, 2018

“Recent high-profile corporate failures reinforce the need to be increasingly aware of the risks of late or non-payment for goods and services provided on credit.”. More recently, MarketInvoice struck another partnership with Investec. That deal, announced last December, sees MarketInvoice underwriting SMB loans provided by Investec.

Invoicing 40

Invoicing Risk Analysis Credit Risk Financial Data 40

PYMNTS

NOVEMBER 20, 2017

To earn an investment-grade rating requires a rigorous evaluation of not only our lending models, automated risk analysis and successful history of reducing bad debt to an industry-low, but also our operational processes — from exceptional customer service to unmatched technology development.”.

Risk Analysis 40

Risk Analysis Finance Investments Technology 40

PYMNTS

NOVEMBER 5, 2019

The Asian Development Bank ‘s estimation of a $1.5 That’s the concept that led ConsolFreight to introduce a new trade finance business model , one in which freight forwarders, not banks, stand at the center. “Banks are not experts in international trade.” ” A New Approach To Underwriting. .”

Finance 41

Finance Risk Analysis Transportation Banking 41

PYMNTS

AUGUST 4, 2016

“This is transforming the credit risk analysis process. Instead of a market threatened by regulation, Rabie and Bertoli still view the Australian sector as one that provides a crucial service to SMEs that is currently lacking among traditional bank offerings.

Invoicing 40

Invoicing Finance Risk Analysis Credit Risk 40

PYMNTS

JANUARY 22, 2020

The change, according to an FCA press release , “reflects the recent opinion of the European Banking Authority (EBA), which set out that more time was needed to implement SCA, given the complexity of the requirements, a lack of preparedness and the potential for a significant impact on consumers.”.

Compliance 56

Compliance Risk Analysis Economics Numbers 56

PYMNTS

MARCH 14, 2018

Late and delayed B2B payments have turned many small business suppliers into a sort of “free bank” for their corporate customers. The B2B FinTech world has taken an array of measures to address this problem, from introducing new trade finance products, to developing trade credit insurance and new risk analysis models.

B2B 40

B2B Invoicing Accounts Payable Risk Analysis 40

Cube Software

MAY 11, 2023

Another, critical use case of pro forma financial statements is risk analysis. This is known as sensitivity analysis , and basically shows how risky the company's current position is. The same goes for banks—pro forma statements are often required to secure bank loans for major expansions or new businesses.

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40