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.”.
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.
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Simply Treasury
JULY 12, 2021
These companies are often managing finance and treasury on separate financial systems which are poorly integrated, if integrated at all. Treasury system needs is a huge pound. But in the past, IT vendors were concentrating on heavy weights only (for profitability/return reasons). An “everything-is-possible” green field.
PYMNTS
OCTOBER 11, 2018
Today’s drop happened as financial authorities are warning about a possible economic threat. In a recent report, the International Monetary Fund noted that “continued rapid growth of crypto assets could create new vulnerabilities in the international financial system.” At the same time, the U.S. The end of this month, Oct.
PYMNTS
OCTOBER 1, 2018
Bitcoin’s processing operation is highly concentrated within a handful of miners in China — which is getting more concentrated now, since the price of bitcoin has crashed and fewer players can afford to keep the lights on (literally, since bitcoin processing requires a massive amount of electricity). It isn’t because it won’t.
PYMNTS
APRIL 15, 2019
Indeed, in an appearance on Capitol Hill last week in front of the House Committee on Financial Services, seven chief executive officers of banks as far-flung as Goldman Sachs , Bank of America , JPMorgan Chase , Morgan Stanley and others pointed to risks that may be tied to the U.S. financial system amid the rise of alternative lenders.
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.
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