Concentration Financial Systems Technology 
PYMNTS
SEPTEMBER 30, 2020
Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings.
Simply Treasury
JULY 12, 2021
However, these "big systems" certainly offer guarantees of solidity, but they also have handicaps linked to their aging and cumbersome technologies that prevent them from being sufficiently agile. These companies are often managing finance and treasury on separate financial systems which are poorly integrated, if integrated at all.
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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
SEPTEMBER 16, 2016
Also, high capital costs of the latest mining facilities and systems are creating a barrier to entry for new miners. The concentration of bitcoin mining increases the likelihood miners will collude to attack the blockchain, and as profitability goes down, fewer miners will operate and existing incumbents will consolidate.
Global Finance
OCTOBER 11, 2024
The banks “failed as a result of a combination of unrealized interest rate losses from their long-term, fixed-rate assets and the loss of the low-rate deposits that had funded these assets,” Larry Wall, research center executive director of the Atlanta Fed’s Center for Financial Innovation and Stability, explained in a blog post.
PYMNTS
OCTOBER 11, 2017
Furthermore, Congress should close the ILC loophole, because it not only threatens the financial system but [also] creates an uneven playing field for community banks.”. This isn’t the first time the group has opposed a deposit insurance application.
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. .
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