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Impact of Covid-19 Felt in the Shared National Credit Reviews Released by Bank Regulators

Perficient

” SNC (pronounced like the candy bar but without the “ers”) stands for the Shared National Credit Program, which, since 1977, has assessed risk in the largest and most complex credits shared by multiple regulated financial institutions. percent vs 22.3 percent) subject to negative review was substantially lower.

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The Revivals Of Malls And Unattended Retail

PYMNTS

And in unattended retail, Stockwell ’s new name sparked a turnaround for the firm. Its future is now about building scale and creating a national presence for its vending cupboards. Data: 2017: The year Stockwell launched. percent: The rate by which overall retail sales increased from Nov. All this, Today in Data.

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First National Bank of Omaha’s Butterfield to speak at Bank Innovation Build

Bank Innovation

Marc Butterfield, senior vice president of digital and payments solutions at First National Bank of Omaha, will speak at Bank Innovation Build. Butterfield has led FNBO’s internal innovation group since its launch in 2017. His work there […].

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Why The Biggest US Retailer Will Stick To Stamps

PYMNTS

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

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PYMNTS Daily Data Dive: National Returns Day

PYMNTS

On this year’s National Returns Day — January 5, 2017 — more than 1.3 million packages were shipped back to retailers, with a total of 5.8 That’s up nearly 30 percent from 1 million packages on last year’s National Returns Day. For online retailers, it’s not unusual to see return rates of 30–40 percent.

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Malware Attack On National Stores Inc. Exposed Payment Data

PYMNTS

Following a malware attack that allowed “unauthorized parties” to access customer credit card information, off-price retailer National Stores is seeking to prevent fraudulent activity and improve the security of its point-of-sale (POS) systems, the company said in an announcement. “We 11 may be involved in the breach.

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Biometric Mobile Payments Set To Explode In 2017

PYMNTS

Mobile payments using biometrics to authenticate the user is forecasted to reach close to $2 billion in 2017, up from $600 million last year, according to new data from Juniper Research. HYPR, for example, debuted what it is calling a biometric shopping platform at the National Retail Federation’s BIG Show in New York City in January.

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