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Things worth reading: 1st June 2018

Chris Skinner

Things we’re reading today include … Lawsuit Reveals Deutsche Bank Probe of Ties to Russian Ministers ANZ, Deutsche Bank and Citigroup face ‘criminal cartel’ charges Credit cards are not dead – consumer debt slump was just a blip Crackdown on high-interest lending announced by FCA ‘I bought my mum a … The post Things (..)

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Things worth reading: 31st July 2018

Chris Skinner

Things we’re reading today include … Credit card lending continues to rise as Bank of England gears up for interest rate hike Economists split as monetary policymakers set out into the unknown Summer Camp for the Ultra-Wealthy Teaches Kids How to Stay Rich Tycoon’s Sputtering Italian Bank Investment Draws Angst … The post Things (..)

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Lending Is Failing To Live Up To 2018’s Great Expectations

PYMNTS

It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial lending tending toward a slump. As of early 2018, U.S. BB&T is expecting to see loan growth between 2 to 4 percent in 2018. 19 interview with Bloomberg Television. Bancorp said.

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Top 5 Trends to Watch in 2018

Bank Innovation

EXCLUSIVE — It’s not even a month into 2018 and already so much has changed. The cryptocurrency bitcoin, which shocked everyone by surpassing $17K, further shocked everyone by dropping below $10K. Then of course there are various other events sweeping the financial services space, from new tax laws in the U.S., to the rise of […].

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AI and Lending Dominate Day 1 of FinovateSpring

Bank Innovation

New takes on lending and underwriting dominated the opening day of demos at FinovateSpring 2018 here yesterday. SANTA CLARA, Calif. - But this being fintech's leading demo showcase, the featured startups offered up these basic, fundamental aspects of banking in a new way, often with "artificial intelligence" under the hood.

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Bank Innovation Completely Overhauls 2018 Conference Agenda

Bank Innovation

In addition to fireside chats, startup demos, and general sessions, Bank Innovation’s 2018 conference has added a pre-conference workshop on how to build an innovation team, added even more time […].

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Amex Misses In Q4 Amid Lending Write-Offs

PYMNTS

17) after markets closed that missed the Street, as merchant and services revenues were both below expectations, and write-offs tied to its lending business grew. Specifically, card member loan provisions were $679 million, up 21 percent from last year. percent, up by about 10 basis points from the third quarter of 2018.

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