PYMNTS

JANUARY 12, 2020

The startup was founded in May and will introduce a digital banking blueprint concentrated on serving millennials in India, Narayanan told TechCrunch. When we were building Google Tez, we realized that a consumer’s financial journey extends beyond digital payments. billion citizens outside the financial system. .

Concentration 40

Concentration Startups Valuation Financial Systems 40

PYMNTS

APRIL 1, 2019

The money is being earmarked across a number of initiatives, designed to combat synthetic fraud. As Harris noted during the discussion, synthetic fraud essentially centers around creating a person (a fictitious one, in this case) — where bad actors can and do use fake names, Social Security numbers or birthdates, and build credit histories.

Construction 73

Construction Numbers Concentration Securities 73

PYMNTS

JULY 26, 2017

As cyberattackers deploy more aggressive tactics, corporate banking firms have to respond with heightened cybersecurity measures to ensure confidence in the nation’s financial system, the OCC warned. Over time, consolidation among service providers has resulted in large numbers of banks reliant on a small number of service providers.”.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

NOVEMBER 28, 2016

Demonetization in India has financial institutions operating at full speed to exchange out discontinued bank notes but with some unexpectedly pleasant consequences. banks, meanwhile, have risen in financial stability regulators’ ranks for how much of a risk they pose to the global financial system should they fail.

Banking 46

Banking Concentration Financial Systems Leadership 46

PYMNTS

APRIL 30, 2018

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

Banking Investments Concentration Accounting 73

Simply Treasury

JULY 12, 2021

Number of fintech’s, but for whom? We could not name the solutions given their huge number. 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. These are the two extreme strategies.

Treasury 130

Treasury Cash Flow Forecasting Concentration Finance 130

PYMNTS

JANUARY 15, 2020

Eisenbach, Anna Kovner and Michael Junho Lee, is “Cyber Risk and the US Financial System: A Pre-Mortem Analysis.”. The cyberattack in question could wreak havoc on financial firms. The authors seek to quantify how the attacks may be “amplified” through the financial system. counties, the authors added.

Banking 53

Banking Concentration Financial Systems Reconciliations 53