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Ten Years Of Payments Innovation And Reinvention

PYMNTS

The world of 2009 was starkly different, a far less optimistic place. Though the Great Recession was technically “over” by the middle of 2009, few people living in the real economy felt that fact in their daily lives. When people asked “what’s next?” in the year 1999, they were generally pretty excited to hear the answer.

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Is the U.S. Keeping Up in the Digital Asset Space?

Abrigo

Innovation is key in the world of decentralized currencies The United States will have to be creative to stay competitive globally as digital assets enter the mainstream. Takeaway 3 As global interest in digital assets continues to rise, expect to see more regulation and even centralization of digital currency. Rapid Growth.

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Deep Dive: How Automation And The Cloud Can Improve Operational Efficiency In Payments Processing

PYMNTS

Slow compliance checks and sluggish processing times are commonplace, especially on the legacy systems still used by many banks around the world. Automating Compliance. Cash payments are quickly falling to the wayside, with only 26 percent of all U.S. consumer purchases made with cash.

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Cryptocurrency risks, rewards and red flags for financial institutions

Abrigo

Cryptocurrency regulation is on the horizon The ups and downs of the cryptocurrency scene have illuminated a need for guidance for traditional financial institutions. Cryptocurrency was first introduced in 2009 and is lauded for providing a level of privacy and security that traditional banking cannot guarantee. DOWNLOAD WHITEPAPER.

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CFPB issues request for information on consumer credit card market

CFPB Monitor

The CARD Act rules to be reviewed consist of an interim final rule and three final rules adopted by the Federal Reserve Board from July 2009 to April 2011 to implement a number of substantive and disclosure provisions of the CARD Act. Innovation. Disclosures. Cost and availability of credit cards.

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Reimagining the first line of defense with next-gen GRC

Insights on Business

The global financial crisis of 2008 and 2009 brought a renewed focus on the governance, risk and compliance (GRC) processes within the financial institutions, who, not very long ago, viewed GRC as little more than a necessary evil – cost of doing business, which added little value. IBM OpenPages with Watson 8.0

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Is blockchain ready to transform the finance industry?

NCR

Blockchain is the technology that allows bitcoin, the digital currency launched in 2009, to function. The report predicted that “bread-and-butter” activities of financial institutions such as international payments, wire transfers, repackaging of mortgages and compliance reporting to regulators could all be replaced by blockchain.