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Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?

PYMNTS

central bank, is getting a bit worried about sharing some of the financial infrastructure with tech upstarts such as OnDeck Capital and Kabbage , a sense of caution that the newswire said puts the bank “at odds with other regulators looking to bring [those firms] into the fold.”. Reuters reported early Monday (Jan.

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Fed Concerned Trade War Could Trigger Recession

PYMNTS

At last month’s meeting, James Bullard, president of the St. Louis Fed, voted for a bolder rate cut of 50 basis points. Invesco portfolio manager Noelle Corum told the FT that the U.S. Esther George of the Kansas City Fed and Eric Rosengren of the Boston Fed voted to “keep the target range unchanged,” the news outlet said.

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Bitcoin Tracker: Up, Up And Away?

PYMNTS

First, bitcoin has managed to stay above $1,000 for a record 10 days, leading some to speculate that the cryptocurrency could be developing a new, $1,000 price floor — though it may still be too early to tell. recently announced the placement of three new machines in St. The cryptocurrency’s maximum value, reached on Nov.

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Lessons Learned: Banks that thrived during crisis grew loans slower prior to it.

Jeff For Banks

Louis Fed recently performed a study to uncover the characteristics of community banks that thrived during the financial crisis. If we learn anything from this study, it is that at least one member of senior management should be like William McChesney Martin. I am not a fan of regulators running your bank. Louis Fed'

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A 'Road Map' Around Rate Risks, Courtesy of the Chicago Fed Chief

American Banker

LOUIS – Risk management is critical as small banks aim to make money in a low-rate environment.

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The Surprises Edition: Ethereum, PayPal And The Fed

PYMNTS

“India is transitioning away from our biggest competitor – cash – and our digital platform and technology has immense scope to enable this at scale,” said Anupam Pahuja, country manager and managing director of PayPal India. Louis, James Bullard, offered a warning of his own: U.S. For us, the marathon has just begun.”.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

Social media management & compliance for financial institutions . Louis, Missouri. Credit risk management. Tags: Enterprise, compliance, social media, regulations, marketing, Finovate alum. Source: WhoGotFunded. Latest round: $1.4 million Seed. Total raised: $4.44 Source: Crunchbase. ModeFinance. Latest round: $1.4