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How Mexico’s Central Bank Plans To Move Payments To Digital

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In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers alike. Slowly.

Robinhood May Sell Shares Directly To Users If It IPOs

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Robinhood is considering selling shares directly to its users if it opts to hold an initial public offering (IPO).

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Jumio Sees Vaccine Passports Intersecting With Digital ID

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For the travel industry, there is light at the end of the tunnel. Vaccines against COVID-19 are (slowly) being rolled out.

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Three Years On, Open Banking Broadens For Business Banking

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Last week, the U.K. marked its third anniversary of adopting its open banking framework, making it the leading market to drive the concept of unlocking customers’ bank account data for integration with third-party solution providers.

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How to Choose the Best Automated Documentation System for Commercial Loans

Not all automated loan doc prep solutions are created equal. That is why we have put together a checklist to help you evaluate potential partners and find the best-automated documentation system for your requirements and needs.

Inside The Mind Of The Digital-First Consumer

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The consumers who shopped for anything from groceries to sporting goods to cars in December of 2019 are completely different from the ones who shop today.

Central Bank Of Russia: Electronic Money Could Render SWIFT Obsolete

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Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR).

Outdoorsy Makes Happy Campers Out Of RV Owners And Renters

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In the world of business, where the quest for profits, sales growth and the next big thing is never ending, here’s something you don’t hear every day. “I I will die of old age before we've even cracked a fraction of this demand.” .

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CFPB: Santander Must Pay $4.75 Million For Credit Reporting Violations

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Santander Consumer USA was ordered to pay $4.7 million to the Consumer Financial Protection Bureau ( CFPB ) for violating the Fair Credit Reporting Act (FCRA), the CFPB said in a press release.

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Face-To-Face V.2021: What Zoom Teaches Us About The Connected Economy

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An article published in the Harvard Business Review in August of 2009 posed a question that many airline and travel industry CEOs are pondering 11 years later: Will videoconferencing kill business travel? The answer in 2009 was, probably not. The answer in 2021 is far less clear.

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Digitally Transforming the Engagement Experience for Financial Institutions

Customer experience has become a key differentiator. Learn how to launch your digital transformation by incorporating two customer experience trends into your digital transformation strategy: self-service & personalization.

Bahamas Launches Digital Sand Dollar; Adds To Rise Of Central Bank Digital Currencies

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Facebook’s Libra might be fading a bit as a perceived threat to monetary systems that have been in place around the globe for centuries. But the race is still on for central banks to develop their own digital versions of fiat to take their place alongside bills and coins.

Big Tech Faces Regulation Reckoning As 2021 Dawns

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If 2020 was the year of streaming media, of content done a million different ways, of apps and Apple, and Google’s and Amazon’s algorithms … it was also the year of Big Tech regulation, where 2020 set the stage for a 2021 that could be seismic in changing the way companies — from Facebook to Apple to debt collectors — interact with consumers.

New Year’s Resolution: The Clearing House Urges Banks To Become 24/7 Operations

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Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in a short amount of time. “A

Western Union Expands Real-Time Digital Payments To 100 Countries

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Western Union just took another big step toward ramping up its growing digital payments arsenal. The legacy global remittance giant said on Monday (Nov. 23) that it has expanded its real-time digital payout capabilities in a move that encompasses billions of bank accounts in 100 countries.

Digital Commercial Lending Technology Case Study: Increasing Loan Volume and ROI

In this Commercial Lending Case Study, you'll discover how to leverage digital lending technologies to accelerate growth and leapfrog the competition in the private lending market. A new and innovative approach to mortgage lending — growing lending volume by orders of magnitude.

Are Smart Cities Still A Smart Bet Amid ‘Urban Flight’ And The Pandemic?

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The pandemic has pressured corporate top lines — and as a result, leaves less money to go around to fund innovation, especially for tech-focused firms. So-called “smart-city” initiatives might be a casualty, especially if it’s perceived that people are leaving urban areas for the ‘burbs.

US Treasury Proposes Sweeping New Disclosure Rules On Bitcoin, Other Cryptos 

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The U.S. Treasury Department proposed sweeping new rules late Friday (Dec. 18) that the government says would make convertible digital currencies like bitcoin less attractive to criminals engaging in crimes such as ransomware attacks.

Why The Data Breach Decline Is Bad News For Businesses

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The Interstate Technology & Regulatory Council (ITRC) released new data on the state of cyberattacks and data breaches with some surprising news: data breaches were actually down in 2020 year-over-year.

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Financing Gets Flexible As eCommerce Sellers Brace For Seasonality Whiplash

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With the holiday shopping season in full swing amid the global pandemic, online commerce is booming. Digital Black Friday sales this year hit $9 billion, a 22 percent increase from 2019 figures, according to recent Adobe research.

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The Non-QM Market Experiences a Remarkable Comeback: Check Out the Industry Guide

As the commercial lending market evolves, non-QM loans are becoming increasingly popular. Check out this eBook for a detailed look at the benefits of non-QM loans, how to maneuver your way through, and what the future may bring.

Square Said To Mull Buy of Jay-Z’s TIDAL Music-Streaming Service

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The highly competitive streaming-audio industry could be starting the New Year with some consolidation, a new report suggests. Jack Dorsey — the billionaire CEO of Square and Twitter — is said to be interested in buying TIDAL , the audio service owned by billionaire music legend Jay-Z.

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PayPal CEO Shulman: Consumers Moving To Digital Currency In Droves

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Consumers are moving to digital payments and cryptocurrency in droves, and it’s inevitable that more central banks will issue digital forms of currency, PayPal CEO Dan Schulman said in a televised interview on Monday (Nov.

Millennials Pivot Toward Homeownership; Economic Ripple Effects Still Unknown

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It was only a few short years ago that the conventional wisdom was that millennials were shaping up to be slower entering the homebuying market than their Gen X siblings and baby boomer parents.

The Bank-FinTech Collaboration Model Goes Global

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With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders.

A Comprehensive Guide to Construction Loan Issues for the Commercial Loan Market

Understand how to mitigate risk & protect the interest of all parties with this exclusive, must-have guide outlining important issues for commercial construction lending & best practices.

eBay On Turning Friction-Filled Payments Experiences Into Consumer Loyalty Opportunities

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The 2020 holiday shopping season is picking up, and consumers are heading online or to reopened brick-and-mortar stores to shop and pay for gifts.

AI Models Eliminate Bias For Digital ID

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The age of artificial intelligence (AI) is upon us, where data feeds and models are used in the service of everything from verifying the digital identity of remote users to approving or denying a bank loan application.

Personalizing — Not Just Digitizing — The B2B eCommerce Experience

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As the B2B commerce landscape innovates, it is continually after that "Amazon-like" experience forged in the consumer commerce world. But for B2B vendors and suppliers, the unique needs of corporate customers cannot be ignored, making a consumer-like buying experience particularly complex.

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Visa, TransferWise Announce Global Partnership In Cloud Connecting

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Visa has debuted a new global partnership with TransferWise after working together on the new Visa Cloud Connect program, allowing FinTechs a new way to securely connect with the cloud, according to an emailed press release Wednesday (Jan.

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CMBS Lending on the Rise: Uncover 10 Common Myths of Securitized Lending

CMBS Lending is an established and growing industry that is, once again, rising to the top as a significant source of permanent loan financing. Learn the truth about CMBS lending and why it might be the best financing solution.

HSBC Introduces New Real-Time Global Payments Tool

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HSBC is introducing a new real-time payments tool that will enable its 14 million international customers to transfer funds through a single account in 20 countries around the globe. “As

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Oracle, SWIFT Add Fast Cross-Border Payments For SMBs

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Oracle Banking Payments announced Wednesday (Oct. 7) that it is supporting SWIFT ’s latest service to speed effortless global cross-border payments for small- and medium-sized business (SMBs) and consumer markets. “We

Bitcoin Breaks Through $20,000 Mark, Hits Record Highs

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Bitcoin continued its ongoing surge in price Wednesday (Dec. 16), heading above the $20,000 mark for the first time ever — eclipsing its previous record high set in 2017. The price of a bitcoin traded higher by 5.6 percent, hitting around $20,600.

PayPal, Mastercard Add 5 EU Countries To Debit Card Offering

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PayPal and Mastercard are bringing the PayPal Business Debit Mastercard to more businesses in Europe. The companies said in a Wednesday (Sept.

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The 5 Stages of Account-Based Marketing — and How to Win Them All

Successfully complete the five stages of ABM: define, identify, engage, convert, and connect. We’ll show you how to create a unified system with your sales team to help them land more qualified opportunities and connect with prospects like never before.