Kristin Fox

There's a lot of scary stats in this article, but US banks and regulators don't see systemic risk in commercial real estate. Risk.net is free to access today and tomorrow, so read while you can. #CRE #systemicrisk #banking https://lnkd.in/eJmbS7EB

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How can financial institutions begin to operationalize a new way for buyers and sellers of financial assets to exchange value? The challenges are complex and numerous, but not insurmountable.  #tokenization #digitalassets Tim Davis Rob Massey Wendy Henry Brian Hansen Deloitte

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Chainlink, Fidelity Inte­rnational, and Sygnum have united to introduce on-chain Ne­t Asset Value (NAV) data for a substantial $6.9 billion money marke­t fund. https://lnkd.in/d-NY8h7C #Chainlink #netassetvalue

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#SEC may approve Spot Ether ETFs soon, say analysts. Could this be a game-changer for the crypto market? Are we witnessing a shift in regulatory stance? Stay tuned for updates! #TheAfricanCrypto #CryptoNews #Blockchain #Ethereum #ETFs #CryptoRegulations

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#AI #BSA #AML #FinCEN #Rulemaking #AMLA #AML_Act #regulatory_and_exam_environment The U.S. Treasury Department today released a request for information (RFI) on the uses, opportunities and risks associated with artificial intelligence (AI) in the financial services sector. Notably, the RFI addresses potential uses for AI and machine learning in the AML space and discusses a related future FinCEN rulemaking pursuant to Section 6209 of the AML Act of 2020, aimed at AML innovation. The RFI adds that FinCEN is "taking several steps to create the necessary regulatory and examination environment to support AML/CFT-related innovation that can enhance the effectiveness and efficiency of the Bank Secrecy Act (BSA) regime." Regulatory Intelligence tomorrow will publish a detailed examination of the RFI and the BSA/AML implications. Paul Godlewski Rabihah Butler

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What can be done to regulate digital assets? At #MIGlobal, EVP Mike Piwowar, spoke to U.S. Commodity Futures Trading Commission Chairman, Rostin Behnam, about digital asset regulation. Click here to watch the discussion: https://lnkd.in/gyppya4B #crypto #finance #leadership #digitalassets #commodity

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VantageScore®is launching a new credit scoring model that combines traditional credit data with bank account information to help thin-file consumers gain access to financial products and services. Consumers opt to add the bank account data to get a second chance at qualifying for credit. Announced Wednesday, VantageScore 4plus pulls in standard credit file information such as payment history and outstanding debt. If the consumer opts in, the model analyzes bank account data to create an adjusted score. This new iteration retains the scoring scale of the firm's previous model of VantageScore 4.0. Other companies that provide models that analyze bank account data or cash flow data alongside other forms of credit data include FICO (specifically its UltraFICO model), Nova Credit, TomoCredit and Prism. "The main credit scores that you'll see today use data from a credit file to create those scores. … Credit file data is very predictive, but it doesn't necessarily give you full visibility into everything that will necessarily give you an understanding of somebody's credit worthiness," said Rikard Bandebo, executive vice president and chief product officer for VantageScore. Read more in my latest for American Banker below! #creditscore #fintech

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Tree Buckingham of Mountain Ridge Capital shares her unique insights in this exclusive article from ABL Advisor: The Cross-Axial Revolution: Transforming Non-Bank Lenders into Industry Titans -- In this article Tree discusses how cross-axial colleagues operate at the intersection of various departments, integrating disparate functions into cohesive strategies. Their multidisciplinary expertise allows them to bridge gaps between teams, blending operational acumen with deep knowledge of credit dynamics and hybrid asset-based lending products. Read the full article: https://lnkd.in/dzPRW5CB #operations #assetbasedlending #lending #commercialfinance #corporatefinance #privatedebt #privatecredit #privateequity #nonbanklenders #banks #banking #finance

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The Federal Open Market Committee has lowered interest rates by 50 basis points and Chairman Jay Powell has signaled more cuts are coming soon. How is your company reacting, if at all, to the change in interest rates? Let us know what you think by taking this four-question, three-minute survey from Endeavor Business Intelligence! We look forward to sharing the results. #interestrates #investment #capex #management #strategy

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Slowly, the US is migrating to ISO 20022. In March 2025, it'll happen all at once. My latest article looks at what financial institutions, especially smaller ones, should do ahead of the Fedwire ISO migration: https://lnkd.in/eGNcQjvN

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My big read on the dilemma facing regulators with pre-hedging - the practice of dealers hedging trades they anticipate to execute with clients. Iosco will need to decide whether it is better for regulators to intervene – or whether they need to sit this one out. #marketsregulation #derivatives #trading https://lnkd.in/eKR3A6mb

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Amanda Deckelman Platek of Bank of America thinks Wall Street is central to the American economy: "People's retirement savings, pensions — it's at the heart of where everyone's savings and wealth originates." Deckelman is one of the 2024 American Banker Most Powerful Women in Banking: Next, a group of women whose senior leaders think they're headed for executive levels. I spoke with her about what she's done so far and why fixed income matters to ordinary people. See all the honorees here: https://lnkd.in/eJAeg5fm #MPWIB

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🤳 People are increasingly choosing digital tools to manage their finances. As we look ahead to the future of finance, we have an opportunity to get it right by developing regulatory frameworks that meet the digital demands of the next generation. WATCH more from Jennifer Taylor, President at Plaid, and Jennifer Kuperman, Chief Corporate Affairs Officer at Chime. Watch the entire Semafor event here ➡️ https://lnkd.in/d5iJjWY9 Read FTA’s #FutureOfFinance Policy Agenda here ➡️ https://lnkd.in/eyVt3Wqd #PoweredByFintech

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CAIS Broadens Offerings from Leading Alternative Asset Managers Know more:- https://lnkd.in/dhkVe-Jv #fintecbuzznews #ftb #fintech #financialtechnology #fintecbuzz #financialservices #cais

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Crafting an advanced auto-hedging platform in collaboration with a prominent U.S. futures broker was a game-changer for Phlo Systems. This not only pushed the boundaries of innovation but also revolutionized the way the Futures Broker approach auto hedging in the commodity trading sector. ✨💼   1. Explored the unique needs and challenges of the futures broker 2. Leveraged cutting-edge technology to develop a customized solution. 3. Implemented rigorous testing and feedback processes to ensure optimal performance.   Take a deep dive into our collaborative journey and discover how strategic partnerships can drive industry-leading solutions. 🚀💡 Click on the link to read the full case study: https://bit.ly/4b13ABM #PhloSystems #AutoHedging #CommodityTrading #Collaboration #FuturesBrokers

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