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Solve This Problem with Your Strategic Horizon

South State Correspondent

This all compares to about a 40%+ return invested in improving processes (loan, branch, cash management, etc.) In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground.

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Cloud Payment Processor Volante Teams With Goldman Sachs On Digital Transaction Banking

PYMNTS

Volante Technologies Inc. , In addition to payments, the application programming interface (API)-enabled platform includes analytics, liquidity management, virtual accounts and payments. Uday Thakur , Volante’s chief technology officer, said it’s a two-way street. the FinTech software company, announced Wednesday (Sept.

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Elavon Spends $300M For Sage Pay

PYMNTS

Elavon was acquired by US Bancorp in 2001 for $2.1 We are a customer-focused company that is helping businesses succeed in a global marketplace that is changing rapidly,” said Hannah Fitzsimons, president and general manager of Elavon Merchant Services in Europe. billion and is active in 10 countries.

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Magaya Lands Funding For Supply Chain Software

PYMNTS

LLR Partners has announced an investment in Magaya Corporation , a provider of warehouse, cargo and supply chain management software solutions. The company’s investments are focused mainly on the technology, healthcare and services businesses. Founded in 1999, LLR Partners is a middle-market private equity firm with more than $3.5

Software 100
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Today In Payments: Wirecard Forces German Accounting Regs Reboot; Consumers Sour On Travel Rewards Cards

PYMNTS

(FDIC) is considering nixing its quarterly reports of banks in an attempt to modernize the way data is handled, replacing the reports with a more timely, accurate approach to better reflect new technology available and better report on credit exposures and deposit information. PE Firms Shun Investments In Older Firms Hard Hit By Pandemic.

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The AMLA and a Culture of Compliance – More Critical Than Ever

Abrigo

The BSA , adopted in 1970, has not had a significant overhaul since the USA PATRIOT Act (commonly known as the Patriot Act) in 2001 in response to the September 11 terrorist attacks on the United States. Evaluate BSA/AML processes for innovative technology needed for streamlining. AML A is significant in U.S.

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Barclays Corporate Banking Chief Resigns

PYMNTS

According to reports, Winter has been at the bank since 2001, previously serving at Deutsche Bank. Barclays UK retains the retail and consumer banking operations, while Barclays Corporate and International houses its investment and wealth management operations, along with its U.S.- and Germany-based credit card operations.