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The Banking Crisis of 2023 is Over — Time to Get Back to the Crisis of the ’20s

Gonzobanker

Rising interest rates depress the value of low-rate securities and loans. Banks had more than $500 billion in unrealized losses on their securities at the end of March. The Credit Card Competition Act of 2023 could negatively impact banks’ ability to generate interchange fees and reduce the amount of capital they issue, however.

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Deep Dive: The Latest Initiatives To Expand Mobile IDs

PYMNTS

This is a crisis so pronounced that the United Nations listed the issue on its Agenda for Sustainable Development : “By 2030, [we must] provide legal [identities] for all, including birth registration.”. Mobile devices enable fast and secure access to services, many of which are solely available online.

Mobile 108
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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

Automation could replace 30 percent of jobs by 2030 and affect fully half of all jobs by then. In May, the startup announced a partnership with Premier Community Bank in Bradenton, Florida, which Praeger said will extend its reach into this difficult vertical. Here’s how these startups are hastening the robots’ day. Chargehound.

Taxes 107
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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

Automation could replace 30 percent of jobs by 2030 and affect fully half of all jobs by then. In May, the startup announced a partnership with Premier Community Bank in Bradenton, Florida that Praeger said will extend its reach into this difficult vertical. Here’s how these startups are hastening the robots’ day. Chargehound.

Taxes 101
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Bahrain Development Bank Selects TCS BaNCS Global Banking Platform to Speed Up Innovation

Bobsguide

BDB offers conventional and Islamic business finance services, venture capital and investment advisory to small and medium enterprises across multiple industries in the Kingdom of Bahrain. Further, it can leverage TCS’ fintech partner ecosystem to accelerate innovation and create superior and contextual experiences for its customers.