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For Merchants, As World Shrinks, Top Lines Can Get A Boost

PYMNTS

Innumerable are the stories that say retail is dead. Why should retail be any different? Projections from the United Nations show that the total number of online shoppers, as measured globally, should grow by 50 percent between 2013 to 2018 to as many as 1.62 at the end of the latest quarter.

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How Can Regional and Mid-Tier Banks Catch Up to the Big Banks in Mobile?

Tech and Finance

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Retail Banking Customer Satisfaction Study from J.D. Or at least they should be. The 2016 U.S.

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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

PYMNTS

In a bit of granular detail, the authority will offer up two “full bank” licenses, which will allow non-banking companies to offer a gamut of services, including taking on deposits from retail customers. In addition, passporting can help companies expand services across nations.

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Timeline: Billion-Dollar Fintech Exits In China & Hong Kong

CB Insights

China and Hong Kong have been no exception to the trend: fintech companies in the region raised a record $26B in 2018, and exits in the sector have been elevated over the past few years. No billion-dollar fintech exits in the region occurred prior to 2017, as shown below. GET THE 88-PAGE q3 2019 FINTECH TRENDS REPORT. Key takeaways.

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Data Dive, Moving In And Moving On Edition: Apple, Venmo, Google And Visa

PYMNTS

“We continue to see double-digit increases in new customer wins each month, demonstrating continued demand for Zelle from national and regional banks and credit unions.”. First introduced in 2013 alongside the rise of EMV, the service will reportedly be shuttered in favor of a new EMV SRC-based service.

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The New Year three-party party

Tomorrow's Transactions

Regional, national, local, community, hyper-local? I think the trend toward multiple three-party systems instead of a small number of four-party systems means that we may see a return to payment systems that are owned and operated by retailers, brands and perhaps even local communities. From Live Five for Fifteen ].

System 30
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CRE Credit Risk – What You Need To Know Now

South State Correspondent

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). While national banks took the brunt of subprime mortgage losses, in the years (2008-2013) following the Great Recession, credit risk spread to CRE.