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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

Last week, Nacha held its Smarter Faster Payments Conference in Miami, a significant event for over 1,800 bankers and vendors. With 142 presentations and panels, the content was tailored to the needs of every bank interested in payments. Nacha saw three strong presentations covering various legal aspects of payments.

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How Basel III Affected SMB Lending

PYMNTS

The Financial Stability Board says Basel III rules have not led to a squeeze of the small business bank lending market, according to reports on Friday (June 7). The FSB announced Friday the findings of its analysis of Basel III regulations on the small business lending space.

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Today In Data: All Digital, All The Time, Everywhere

PYMNTS

But the speed at which some things have already made the switchover – payments and lending spring to mind – is impressive. trillion: Estimated value of the global digital payments market by 2027. 77 percent: Share of mobile debit payments made via Apple Pay. times the installed base at the same time in 2017.

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PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements

PYMNTS

Both consumers and businesses are exhibiting shifting expectations for how the lending process should work, and many are expressing interest in alternative forms of lending, such as peer-to-peer (P2P) loans. Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest.

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Navigating The Increasingly Murky Waters Of Trade Finance

PYMNTS

trillion, and we believe this gap will stay at that level — it might even increase, slightly, because of the trend of trading on open accounts,” she said, explaining that this practice means goods and services are delivered often months before a payment is ever made. That’s last-resort lending,” she said.

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Amazon Walmart Whole Paycheck Tracker: Beauty, Fashion And Food

PYMNTS

Walmart’s move on skincare could have been forecast simply by looking at skincare’s $123 billion in global revenue in 2018, or the $175-$200 billion it is forecast to generate annually by 2027. Likewise, Amazon doubling down in the world of fashion is very much in line with recent releases by the eCommerce giant over the last year.

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