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Deep Dive: The Latest Initiatives To Expand Mobile IDs

PYMNTS

The world’s population is expanding and many citizens — particularly those in developing nations — have no means of proving their identities, restricting their access to vital services like education and healthcare. The government plans to adapt SingPass for smartphones this year by rolling out a new national digital identity (NDI).

Mobile 108
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Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

PYMNTS

This kind of small business is a dying breed: recent stats from the RUPRI Center for Rural Health Policy Analysis at the University of Iowa found more than 16 percent of independent pharmacies shuttered their doors between March 2003 and March 2018, according to Washington Post reports.

Capital 130
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Springboard to Excellence

Independent Banker

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. Over the next three years, Anderson enrolled in all three of Community Banker University’s in-depth compliance certification training programs.

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Challenges to monetary policy: lessons from Medieval Europe

BankUnderground

Royal monetary policy was conducted by practitioners recruited from the moneychangers and nascent banking community. Moreover, the national currency belongs to the people, and the state’s role is to regulate it to benefit the people. Medieval monetary policy operated without a central bank.

Policies 111
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The Future of Noninterest Income at Financial Institutions

Abrigo

Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category. Once accounting for 46 percent of bank revenue (2003), more recently, noninterest income averages closer to 34 percent (2018). Community banks target growth. Types of Noninterest Income.

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The Future of Checks – Tales From The Crypt

South State Correspondent

The banking industry, pushed by the events of 9/11, moved to check imaging by the Check 21 Act in 2003. National and many community banks want to integrate into the accounting and enterprise resource planning (ERP) software (example below). From there, checks steadily declined.

Fraud 195
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Executive order on digital assets includes roles for CFPB, FTC, federal banking agencies

CFPB Monitor

The Order sets out the following national objectives with respect to digital assets: consumer and investor protection; protection of financial stability and mitigation of systemic risk; mitigation of illicit finance and national security risks; reinforcement of U.S.

FDIC 148