Lia Cao

Earlier this week, our General Counsel and Chief Compliance Officer, Sheetal Parikh, joined fellow #FinTech leaders, Itai Damti and Peter Hazlehurst, to discuss an industry outlook post-Synapse meltdown. They covered the value of #EmbeddedBanking, bank partner best practices, and the importance of high compliance standards. Hear their full thoughts: https://tcrn.ch/4e5fVpH

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Rapid advancement in data and tech has created a sea change in the role of the treasurer and significantly expanded their toolkit. Maria Chavez and Janette Hutton of J.P. Morgan Global Corporate Banking spoke with PYMNTS about how GenAI and real-time-data can help fight fraud and drive efficiency. Learn more: https://bit.ly/4deu5oj

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My latest banking news roundup is out. Click below for a five minute read covering the CFPB's final open banking rule, the FDIC's latest moves to monitor index funds, California's new nonbank registry, CRE's "extend-and-pretend" problem, FSB's research on bank runs, and the week's earnings updates and M&A activity. https://lnkd.in/e3DEfu8d

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Check out the latest SVB Global Fund Banking Outlook for a full update on the trends impacting the VC/PE ecosystem. https://lnkd.in/ehPkm-kA. Key Highlights: >The prolonged weak exit market has funds seeking additional liquidity by turning to secondaries +CVs. >The difficult fundraising environment is reducing check size and increasing the number of LPs per fund. >55% of PE and VC fund managers are using or plan to use AI in their firm processes.

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As companies wrap up Q3 financials, it’s time to plan for year-end. Market volatility brings opportunities like increased M&A and challenges such as potential goodwill and asset impairments, stock-based compensation considerations and tax planning and reporting. Kroll provides clarity and transparency to satisfy regulatory reporting requirements, make confident investment decisions, maximize value and manage risk. We can assist with: ➡️ Business Combinations/Purchase Price Allocations for M&A transactions ➡️ Stock-Based Compensation Valuations for financial and tax reporting purposes (ASC 718 and IRC 409A) ➡️ Goodwill and Intangible Asset Impairment for financial reporting purposes ➡️ Derivative and Contingent Consideration Valuations for financial reporting or tax purposes ➡️ Tax Valuations, including Legal Entities and Intellectual Property, for operational restructuring to integrate/ harmonize businesses after an acquisition or for intercompany transfer pricing ➡️ Fresh Start Accounting after successful bankruptcy restructuring Contact Kroll today: http://ms.spr.ly/6047WjQPl #CompensationValuations #TaxValuations #IntangibleAssets #MergersAndAquisitions

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Branches are evolving to match digital convenience. Instant card issuance is transforming in-person banking, delivering security, speed, and satisfaction in one visit. #BankingInnovation #CustomerFirst #SecureBanking

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A really good 🎙 interview by Jason Mikula with Moov founder Wade Arnold. Learn about: ❓ What does Moov actually do ❓ Why attend #fintechdevcon ❓ What is happening in the #payments space today https://lnkd.in/edxNRkZy

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In response to potential regulation that aims to cap overdraft and late fees, Marianne Lake, the CEO of Consumer & Community Banking at Chase, warns that the bank will react by starting to charge its customers for checking accounts. This is just another example of how broken the US banking system is. Instead of adjusting to new market conditions, and developing new and innovative products - did someone say AI? - that will generate additional revenue for the bank, Chase is choosing to impose fees on the most basic banking product of all. Given its size, Chase may be able to get away with it. But what about smaller banks? At Cache, we're offering banks a different route. By integrating our fully-automated cash management solution into their banking apps, banks can offer a true value added product to their customers, benefiting both banks' bottom line and consumers. Instead of playing a zero-sum game with their customers, banks can offer a product that benefits all.

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🌟 During a recent Finextra TV interview, Narendra Mistry, CPTO for Universal Banking at Finastra, highlighted the need for banks to swiftly adapt to evolving technology and customer expectations. 🔎 He emphasized the importance of efficient core banking systems that foster innovation at scale and pace, while also navigating AI and data with a strategic focus on mindset and business services. Although lean systems, such as those used by neo and digital-only banks, are beneficial, long-term growth necessitates a clear vision, a robust organizational culture, and a wide range of capabilities. For established banks with existing infrastructures, symbiosis – deploying next-gen solutions alongside current ones – can facilitate the delivery of exceptional experiences, competitive advantage, and smooth transitions when needed. Watch the full interview here: FinextraTV: https://okt.to/wIf9hS

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🌟 During a recent Finextra TV interview, Narendra Mistry, CPTO for Universal Banking at Finastra, highlighted the need for banks to swiftly adapt to evolving technology and customer expectations. 🔎 He emphasized the importance of efficient core banking systems that foster innovation at scale and pace, while also navigating AI and data with a strategic focus on mindset and business services. Although lean systems, such as those used by neo and digital-only banks, are beneficial, long-term growth necessitates a clear vision, a robust organizational culture, and a wide range of capabilities. For established banks with existing infrastructures, symbiosis – deploying next-gen solutions alongside current ones – can facilitate the delivery of exceptional experiences, competitive advantage, and smooth transitions when needed. Watch the full interview here: https://okt.to/2gdBmj

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⏱️ Real-time cross-selling is a game changer for banks and credit unions. With ATTUNE, your institution can make personalized product recommendations when consumers need them most—boosting revenue while enhancing the overall experience. Don’t let valuable opportunities pass by. Let’s unlock new revenue streams with real-time cross-selling. #CrossSelling #RealTimeBanking #Fintech #DigitalBanking #CreditUnions #CommunityBanks

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Great points made by all the panel participants. Electronification and RWA/capital efficiency are likely to create opportunities rather than reduce them. Market participants will benefit from innovation, not be hurt by it.

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The yield spread between mortgage TBAs and Treasuries remains wide compared to its historical average. In this insightful paper Jonathan Kronstein provides several examples how to trade a mortgage spread across the coupon stack using TBA and Treasury Note futures all supported with strong duration calculation from MIAC Analytics Ltd. Well done! https://lnkd.in/eFATgZzX

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Looking forward to our next webinar, during which we'll share current trends in the middle market sponsor finance (spoiler alert: they're borrower positive!). Register to join below. We'll spend about an hour going through mostly proprietary data. #privatecredit #privateequity

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There have been some remarkably positive trends in private credit (positive for borrowers). Join our upcoming webinar on 5/22 as we review the most recent data. #privatecredit #privateequity

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Our next Private Credit Quarterly webinar is scheduled for 5/22. Register below to join. We'll spend about an hour going through the most recent trends (which are borrower friendly) and discussing our proprietary data set. #privateequity #privatecredit

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