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Capital One tackles Discover compliance issues

Payments Dive

Capital One is betting the resolution of Discover’s compliance issues will take longer and cost more than expected, Capital One CEO Richard Fairbank said.

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Capital One angles to push Discover upmarket

Payments Dive

With its acquisition of the card network, Capital One seeks to elevate Discover’s brand while also working to expand its acceptance abroad.

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Capital One pledges to give Discover’s network a boost

Payments Dive

Dominated by Visa and Mastercard, card network markets “sorely need an injection of competitive rivalry,” Capital One argued in its application to regulators to purchase Discover.

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Advocates urge transparency in Capital One-Discover review

Payments Dive

More than 30 organizations demanded the deal not be subject to expedited federal review and that public hearings be held in the largest lending markets for both Capital One and Discover.

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5 Reasons Banks Need a Digital SBA Lending Program Now

A digital-first strategy for SBA loans is required to capitalize on the permanent impact to business banking. Small Business Administration (SBA) loans are more important than ever for banks in the wake of the COVID-19 pandemic and the Paycheck Protection Program (PPP).

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Walmart can end Capital One end card tie early, judge says

Payments Dive

It won’t be easy for Walmart to find a new partner to replace Capital One, though, said Brian Riley, co-head of payments at Javelin Strategy & Research.

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Warren calls out OCC over merger policy ahead of Capital One-Discover

Payments Dive

Meanwhile, JPMorgan CEO Jamie Dimon advocated for Capital One to get a fair shake. The senator urged regulators to block the deal and took the OCC to task for its approval record.

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10 Keys to AI Success in 2021

Capitalizing on the incredible potential of AI means having a coherent AI strategy that you can operationalize within your existing processes. But it’s not always easy for organizations to do.

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Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

The end result is the ability to streamline your allocation of capital and resources. When an organization uses this information aggregately and combines it into a well-defined change management process, your ability to proactively manage change increases your overall effectiveness. Organize ERM strategy, operations, and data.