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Vivier Launches New Online Banking Platform

PYMNTS

Vivier & Company, a boutique financial services company, has announced the launch of its new online banking system, which follows the completion of a cloud-based service for financial institutions implemented by IndiaT4T.

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Black Swans Are The Sandbox Of New Innovations

PYMNTS

Telecommuting, online education and moving to a cashless and virtual financial system will likely become the norm,” he told PYMNTS. This most recent black swan is proving that online financial services are a lifeline service.”. We built some of the first eWallets and online marketplaces. That’s the nature of these events.

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GoHealth Surges 20 Pct After IPO Raises More Than $913M

PYMNTS

Shares of GoHealth surged Wednesday (July 15) on the heels of a blockbuster initial public offering (IPO) that saw the online health insurance brokerage raise $913 million. GoHealth’s IPO beat market expectations, with 43.5 million shares priced at $21 apiece. society as the aging Boomer generation heads into retirement.

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No Pain, No Gain? GDPR, PSD2 And The New Payments Reality

PYMNTS

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google , which was accused of not doing enough to gain the consent of users when collecting data meant for targeted advertising.

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Deep Dive: Why Video-Based KYC Is Key To Seamless, Cost-Effective FI Onboarding

PYMNTS

Know your customer (KYC) policies were introduced with the Patriot Act in 2001 following 9/11, intended to help stem the flow of funding to terrorists. Speedy, secure onboarding is vital at a time when consumers have to use digital banking to prevent health risks. million by 2025. One study revealed that 73 percent of U.S.

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Data Dive, Farewells Edition: Apple, Chase, SoFi, Uber

PYMNTS

The iTunes storefront for purchasing music, movies and TV may remain up and running within the major apps, but it will be less of a central focus as Apple redirects its attention to the booming subscription eCommerce market. It also came to the market at just the right time – about 10 months before the iPod hit the market in October 2001.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The dot-com bubble recession began in March 2001 and lasted only 8 months. percent of all jobs in 2001 to 11.3 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. And quite frankly, I did not know there were so many tranches to mortgage-backed securities.

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