Category: Capital and Risk

January 21, 2021

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 […]

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 […]

January 14, 2021

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 […]

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 […]

January 7, 2021

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 […]

January 4, 2021

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 […]

December 29, 2020

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 […]

December 24, 2020

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 […]

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 […]

December 22, 2020

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 […]