Category: Capital and Risk

Capital and Risk, Macroeconomic

How Wall Street Reflects the Economy Biden Inherits

January 21, 2021

Via: The New York Times

What big banks reveal about the economy America’s biggest banks have all now released their financial results for the past year, data that reflect the strange economic situation facing President Biden and his new administration. Parts of the economy are […]

Capital and Risk, Liquidity

Bitcoin and U.S. tech stocks are the biggest market bubbles right now, investors say

January 19, 2021


Bitcoin and U.S. tech stocks are viewed by investors as the biggest market bubbles right now, according to a Deutsche Bank survey released Tuesday. The survey, which is based on responses from 627 market professionals between Jan. 13-15, found that […]

Capital and Risk, Credit, Regulations

PPP portal access to expand to small banks Friday, all lenders Tuesday

January 14, 2021

Via: Banking Dive

The gradual rollout was meant to give smaller institutions an early advantage in accessing the $284 billion shuttled to PPP through a coronavirus aid bill signed Dec. 27. But the timeline gives community banks and credit unions one business day […]

Capital and Risk, Liquidity

Fed’s Bostic sees possible interest rate hike as soon as the second half of next year

January 11, 2021


Interest rates could rise sooner than forecast as the economy recovers more quickly than expected from the throes of the Covid-19 damage, Atlanta Federal Reserve President Raphael Bostic said Monday. While most of his colleagues don’t see a rate hike […]

Capital and Risk, Credit

Do Payday Loan Lenders Check My Credit History?

January 7, 2021

Via: TechBullion

Payday loans are short-term loans that are great for emergency situations. They can provide up to $1,000 within one business day for those times you need quick cash. If you are looking to get a payday loan, you will probably […]

Capital and Risk, Liquidity

Bitcoin soars to record $34,000, but dips $5,000 in 24 hours

January 4, 2021

Via: FinTech Futures

At 10:00AM today, Bitcoin still sat above $30,000, having seen its value drop $4,000 in less than 24 hours. Its value continued to decline to around $29,000 this morning, before bouncing back above $30,000 by 11:00AM. The sharp dip from […]

Capital and Risk, Operational

Cyber Attacks Cost Russian Companies and Citizens $49B in 2020: Sberbank

December 29, 2020

Via: Insurance Journal

MOSCOW – Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the country’s largest lender Sberbank said. Russia has encouraged its citizens to switch to bank cards and limit cash use to […]

Capital and Risk, Operational

Banks and bad actors: the race to digitally adapt

December 24, 2020

Via: FinTech Futures

Firms must start building on the lessons learned during the initial crisis if they are to survive the second wave, meaning customer experience and fraud should be working hand in hand right now for banking leaders. As an industry, banking […]

Capital and Risk, Macroeconomic, Regulations

Sen. Rand Paul: ‘Monstrous Spending Bill…Is Everything Republicans Say They Don’t Believe In’

December 22, 2020


Both the House and Senate on Monday passed a $2.3 trillion bill, including $900 billion in COVID relief and the rest to keep the federal government operating. The Senate vote was 92-6, with six Republicans voting against the 5,593-page bill […]

Capital and Risk, Operational

2020 review: Top five cyberattacks this year

December 22, 2020

Via: FinTech Futures

Ransomware is on the rise across all sectors. Sophos reports that half of all companies it surveyed had been hit by a ransomware attack and 48% of financial services firms reported being targeted. As fraudsters get more sophisticated, we will […]