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What Banks Still Don’t Know About Getting The SBA’s $350B To SMBs

PYMNTS

The application for those loans went online in less than 48 hours, he noted, a short five days after the legislation that enabled it was signed into law by the president. trillion CARES Act , a massive stimulus effort meant to keep citizens and businesses whole and afloat while the world rides out the outbreak. has ever seen or offered.

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The insider: how Michael Lewis got a backstage pass for the fall of Sam Bankman-Fried

TheGuardian

Right around the time the gales of the financial crisis were tearing up Wall Street in 2009, Meredith Whitney started her own financial research firm. But all these former heads of investment banks, all these current bankers – they ran, not walked, to the office, just to meet him,” Whitney said. Michael signed them all.”

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Regulations and Syllabus for Banking Diploma ( JAIBB & DAIBB)

FluentBanking

Banking diploma is a very common and recognized professional certification from The Institute of Bankers, Bangladesh (IBB). Though there are so many contradictions about this course, every banker wants to pass this certification. Today we are going to provide you a better insight into IBB, Bangladesh, and their banking diploma course.

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Trusting Machines To Trust The Right Credit Applicants

PYMNTS

If Blue Suit’s kids were on the soccer team with the applicant’s kids, then the banker would likely consider that person trustworthy and would agree to the loan, regardless of how likely the customer truly was to pay it back. Thus, in 2009, ZestFinance was born. It was a very subjective process, Merrill said.

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Good News from Gen Next

Independent Banker

Millennials have the greatest lifetime value of any customers that a bank can win today, and we’re the most up for grabs,” says Jason Dorsey of The Center for Generational Kinetics, which helped develop ICBA’s generational study on millennials. Out of Mom and Dad’s basement, millennials are primed to become your next best customers.

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What Customer Intimacy Has To Do With Payments

PYMNTS

Clerico has built WePay from the ground up through his innate love of people and by building relationships with customers to provide them with a payments platform that is exactly what they want and need. What have the powerhouses Starbucks and Airbnb managed to do better than anyone else? BC: Well, no day is ever the same.

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Traditional Banks v. Alternative Lenders: How Goliath Can Beat David

Banking 2020

Daily, I have been reminded by the government, that the signs of economic recovery are all around me. The signs of change are around us, but it’s more likely that the US economy is rearranging itself rather than simply recovering under the old umbrella of Wall Street. My answer, combine the best of both worlds.