Post Tagged with: "Treasury"

Blame Regulators for Loan to San Bernardino Shooter, Not Prosper or Citi

Blame Regulators for Loan to San Bernardino Shooter, Not Prosper or Citi

by December 14, 2015 at 10:50 am 0 comments

The tumult surrounding the $28,500 loan through Prosper to Syed Rizwan Farook, one of the shooters that killed 14 people, can only be called misguided. There’s also a streak of disingenuousness coming out of bank regulators that deserves to be called out. What is clear is that Farook, the husband inRead More

Regulators Need to Start Innovating on the Regulatory Burden

Regulators Need to Start Innovating on the Regulatory Burden

by May 22, 2013 at 10:19 am 6 comments

No one should be surprised that regulatory compliance concerns cast a long shadow over FinTech startups. What is surprising, however, is just how much longer is that shadow today. If you want to create a FinTech startup today, you are advised to start your strategic thinking with a review ofRead More

Why Jack Lew Should Work in Treasury’s IT Department

Why Jack Lew Should Work in Treasury’s IT Department

by January 8, 2013 at 9:56 am 0 comments

Jack Lew might want to pause before agreeing this week to take Timothy F. Geithner’s job as Secretary of the Department of the Treasury. Lew would be paid better — far better, in fact — as a rank-and-file staffer at the department, or even as an IT guy. Lew, whoRead More

The Best Money in the World

The Best Money in the World

by December 26, 2012 at 9:24 am 0 comments

Have you ever wondered why United States currency is still greenback-ed, while seemingly every other nation in the world goes tutti-fruitti with its bills? Well, someone who goes by the username leroideschoux via Gizmodo, a fun tech blog, did. Its conclusion: that dollars would look awful in color, as evidenced atRead More

Derivatives Regulation – a Corporate Treasurer’s Nightmare

by December 7, 2012 at 10:08 am 0 comments

By Tom Riesack and Ute Herzog In the ‘new normal’ of highly regulated financial markets, corporate treasurers are feeling the reverberations in their daily activities. Corporates are using swaps to hedge their commercial risks, stemming from currency, interest and commodity price exposure. To mitigate such risks treasurers have a wholeRead More

Winning App Contest Ideas Point to Thirst for Spending Help

Winning App Contest Ideas Point to Thirst for Spending Help

by August 23, 2012 at 11:28 am 1 comment

The Department of the Treasury today awarded $2,500 to six people for their winning ideas for new financial services applications. The winning ideas were more focused on helping consumers spending money more wisely than prudently managing their finances.

Shadow Judges: Our Picks for Best Finance App From Treasury Contest Entries

Shadow Judges: Our Picks for Best Finance App From Treasury Contest Entries

by July 25, 2012 at 4:35 pm 0 comments

We aren’t on The Treasury’s official judge financial mobile app team announced yesterday, but that doesn’t mean we lack opinions on what personal finance ideas are ours favorites from the government’s contest running through next week.

Playing Around: The Next Generation of Banking Games Come Online

Playing Around: The Next Generation of Banking Games Come Online

by June 28, 2012 at 11:50 am 0 comments

Games, and we mean outright games, seem to have taken hold in banking just this week. There are two notable initiatives that have kicked off recently, and they offer proof positive that bankers are really starting to play around.