PYMNTS
MAY 13, 2019
The proposed credit card interest rate cap legislation , courtesy of Democratic presidential hopeful Senator Bernie Sanders and Rep. Alexandria Ocasio-Cortez is in serious need of an almost half-century-old refresher course in the unintended consequences of price caps on the American consumer. Here’s why.
PYMNTS
NOVEMBER 7, 2018
Stellar has an approximate $5 billion market cap and No. With the rules, regulators are requiring Swiss banks to “[assign] a flat risk weight of 800 percent to cover market and credit risks, regardless of whether the positions are held in the banking or trading book.” 6 biggest digital currency.
Stax
AUGUST 22, 2024
PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.
Fintech News
JANUARY 18, 2024
Using remote sensing technologies on farmland, the bank assesses credit risk based on crop growth and various factors. This approach ensures that even farmers in remote areas can access credit. The bank offered an attractive two per cent interest rate for three-month Hong Kong dollar deposits capped at HK$200,000.
PYMNTS
APRIL 24, 2020
Why AI’s Early Adopters Are Laser-Focused On Credit Risk And Payments. These circumstances have illuminated what has been a longstanding central concern for lenders: determining and managing credit risk. Much economic uncertainty exists in the world today, as many executives and banking managers know.
FICO
JUNE 5, 2023
But as more providers take steps towards extending mobile phone leasing to underserved markets, new demographics and segments with thin credit files, while offering the lasts handsets and access to high-speed services, they face a multitude of challenges.
PYMNTS
FEBRUARY 7, 2020
Things were a bit more active on the Amazon front, with a big infrastructure investment pushing its market cap back over the $1 trillion line, a new B2B financing partnership with Goldman Sachs potentially in the offing and its expanding stores and services menu. Market Cap Watch: Back to the Trillionaire Club With Logistic Investments.
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