Sun.Sep 19, 2021

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Shares in China’s Evergrande plunge again as fears of contagion grow

TheGuardian

Hong Kong stock fell almost 17% amid default fears that are beginning to have a knock-on effect on other markets Shares in the embattled Chinese property company Evergrande have plunged 17% as investors weigh up whether the group’s massive debt problems could trigger a broader sell off across all financial markets. Evergrande plunged to its lowest market value ever in Hong Kong on Monday, dragging the Hang Seng index down to its lowest point for nearly a year.

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Banks call IRS reporting plan a compliance and privacy nightmare. Is it?

American Banker

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Core Providers Not Seen as Viable Open Banking Partners

The Financial Brand

The development of open banking solutions by banks and credit unions requires significant support beyond existing third-party partnerships. The post Core Providers Not Seen as Viable Open Banking Partners appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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4 Practical Ways to Create Lasting Innovation in Banking

The Financial Brand

Few in banking would deny the importance of innovation. Yet many institutions fail to make changes that produce results. Here's why. The post 4 Practical Ways to Create Lasting Innovation in Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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4 Technology Forces Could Bulldoze Banks Off the Map

The Financial Brand

Moody's report forecasts cloudy days ahead for traditional financial institutions, with potential economic storms in the offing. The post 4 Technology Forces Could Bulldoze Banks Off the Map appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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4 Tech-Driven Forces Could Bulldoze Banks Off the Map

The Financial Brand

Moody's report forecasts cloudy days ahead for traditional financial institutions, with potential economic storms in the offing. The post 4 Tech-Driven Forces Could Bulldoze Banks Off the Map appeared first on The Financial Brand - Banking Trends, Analysis & Insights.