Fighting B2B payments fraud starts with acknowledging that financial risk management starts from within. A continuous audit and data validation has been shown to be a key ingredient in the fight against business payments fraud, as nsKnox Chief Operating Officer Nithai Barzam told PYMNTS in...
LendingClub announced on Wednesday (Feb. 26) its new Chief Risk Officer Annie Armstrong, who has decades of experience in risk management for financial service companies. Current Chief Risk Officer Tim Bogan will be moving to the Chief Banking Integration Officer role for LendingClub. In that job,...
Federal Reserve Chairman Jerome Powell offered his thoughts on rising corporate debt levels in the U.S. and abroad just weeks after the Fed released its latest financial stability report, which found that the U.S. economy “appears resilient.” USA Today on Tuesday (May 21) reported that...
The Federal Reserve has decided to relax some of the rules imposed on financial institutions (FIs) during the Obama administration, with a trio of changes. The regulator not only voted against activating a key buffer that would protect banks against financial risks, but removed one...
December 21, 2022
Fighting B2B payments fraud starts with acknowledging that financial risk management starts from within. A continuous audit and data validation has been shown to be a key ingredient in the fight against business payments fraud, as nsKnox Chief Operating Officer Nithai Barzam told PYMNTS in a recent conversation. “Nobody wants to think that their finance […]
November 05, 2023
American regulators approved new guidelines for monitoring financial risk following this year’s banking crisis. The U.S. Treasury Department’s Financial Stability Oversight Council (FSOC) on Friday (Nov. 3) announced it had approved a new analytic framework for financial stability risks and updated guidance for non-bank financial company determinations process. “Financial stability is a public good, and we need a robust […]
February 27, 2020
LendingClub announced on Wednesday (Feb. 26) its new Chief Risk Officer Annie Armstrong, who has decades of experience in risk management for financial service companies. Current Chief Risk Officer Tim Bogan...
March 07, 2019
The Federal Reserve has decided to relax some of the rules imposed on financial institutions (FIs) during the Obama administration, with a trio of changes. The regulator not only voted...
November 02, 2018
To head off financial risks, the People’s Bank of China (PBOC) plans to manage growth of the money supply. Its remarks could be seen as a warning against a stimulus...
