Remove Concentration Remove Credit Risk Remove Financial Systems
article thumbnail

OCC Defines Top Threats To Banks This Season

PYMNTS

Treasury’s Office of the Comptroller of the Currency found that underwriting standards have eased thanks to an increased appetite for credit risk, increased competition and an overall perception of improved economic circumstances. Commercial real estate (CRE) loans, however, continued to strengthen. Amid these fluctuations, the U.S.

Banking 46
article thumbnail

Can FinTech Walk The FinTalk?

PYMNTS

Most of that spend will be concentrated in the U.S., with supporting use cases mostly related to financial services and cross-border settlement, for a grand total of $242 million in 2018. In January, the International Data Corporation (IDC) reported worldwide spending on blockchain solutions would increase to $2.1 billion by 2021.

Banking 73
article thumbnail

Biden’s Treasury Pick Yellen Leary Of Crypto

PYMNTS

No individual agency controls blockchain-based financial networks, and it’s hard to enforce adherence to money laundering legislation. and abroad have concentrated on bitcoin exchanges that facilitate trading, enabling law enforcement to follow the money via the blockchain network's open payment ledger. These are very real risks.”.

Treasury 112