PYMNTS

SEPTEMBER 17, 2020

over the next five years in a bid to address racial disparities in financial services. The new initiative will include “concentrated investments that will focus on providing Black-owned businesses and Black people access to affordable financial tools and capital,” Mastercard said in a news release. This is a time for action. "We

Concentration 113

Concentration Economics Financial Systems Investments 113

PYMNTS

SEPTEMBER 30, 2020

The groups argue that such efforts are secured under the current regulatory regime, and that allowing innovation at the expense of the financial system’s stability isn’t beneficial. A lack of safety and soundness rules will expose the financial system to significant vulnerabilities.”.

Banking 139

Banking Financial Systems Concentration Currencies 139

Global Finance

OCTOBER 10, 2024

György Matolcsy: After the global financial crisis, central banks realized that monetary institutions and policy needed to be renewed. The crisis pointed out the vulnerability of the financial system; therefore, the merger of the central bank and financial supervision into one institution helped strengthen financial stability.

Economics 57

Economics Banking Concentration Currencies 57

PYMNTS

NOVEMBER 12, 2020

This is something that could make a bad situation worse,” Adam Slater, lead economist for Oxford Economics in London, told The Washington Post. What we don’t want is to get really nasty stresses and strains in the financial system from something like this.”. The Post reported that the Federal Deposit Insurance Corp.

Banking 91

Banking Concentration Financial Systems Retail 91

PYMNTS

JULY 26, 2017

The federal banking system is, and should be, a source of strength for the nation and its economy. When it is running well, it powers tremendous growth and economic prosperity for consumers, businesses and communities across the country,” said Keith A. Today, the federal banking system remains healthy,” he continued.

Banking 46

Banking Compliance Currencies Concentration 46

Global Finance

OCTOBER 11, 2024

in 2022, according to the International Monetary Fund’s July World Economic Outlook 2024. The US Federal Deposit Insurance Corporation’s quick response to the banks’ failures stemmed additional contagion and has left businesses with an object lesson in concentration risk.

Banking 105

Banking Foreign Exchange Profit and Loss Finance 105

Global Finance

SEPTEMBER 5, 2024

In 2023, the lab honed its focus to concentrate on startups between seed and Series A funding stages. The lab concentrates on several technological areas: AI, data science, immersive media, and the Internet of Things. One innovation that arose from the lab was Financial Manager Ailos 360°.

Startups 52

Startups Banking Finance Technology 52