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BBVA Teams With Google Pay To Offer Digital Bank Accounts

PYMNTS

The Alabama-based bank holding company said the partnership is key to its strategy? as it deepens its transformation and capitalizes on the innovations that have changed the way it does business. with our digital offerings and use our expertise in finance, digital and innovation to help them improve their ?financial

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Paul Watkins, Director of the CFPB’s Office of Innovation, discusses final innovation policies in Ballard Spahr webinar

CFPB Monitor

Paul Watkins, Director of the CFPB’s Office of Innovation, joined Ballard Spahr partners Alan Kaplinsky and James Kim yesterday for a discussion of the CFPB’s final innovation policies. Alan leads the firm’s Consumer Financial Services Group and James is a co-leader of the firm’s inter-disciplinary Fintech Team.

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CFPB and Utah AG announce joint office hours in Salt Lake City as part of ACFIN

CFPB Monitor

The CFPB and Utah AG’s Office have announced that they will hold the first joint office hours as part of the American Consumer Financial Innovation Network (ACFIN). The joint office hours will be held on January 30, 2020 in Salt Lake City, Utah.

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CFPB and Colorado Attorney General announce joint virtual office hours as part of AFCIN

CFPB Monitor

The CFPB and the Colorado AG’s Office have announced they will hold joint virtual office hours as part of the American Consumer Financial Innovation Network (ACFIN). The CFPB’s announcement invites innovators to request a meeting and describe the topic(s) they would like to discuss during their virtual session.

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Scotiabank: Why Banks Need To Rethink Personalization

PYMNTS

FinTech apps, for example, saw a 72 percent increase in usage in the first quarter of 2020 alone. This change in operations could remain after the end of the crisis, according to Stephen Griffin, senior vice president at Alabama-based Regions Bank , as it has two major benefits over the status quo.

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Easing Recurring Collections For Tech-Averse SMBs

PYMNTS

Small businesses, particularly those launched by younger entrepreneurs, are often assumed to be a key driver of B2B FinTech innovation as business owners seek sophisticated, automated technologies to run their businesses. One of the biggest lessons would perhaps come as a surprise to many in the SMB FinTech space.

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Deep Dive: Digital-First Banking’s Challenges And Benefits

PYMNTS

Recent innovations have enabled these machines to perform more functions than ever, including connecting with live tellers at off-site locations via webcams. Alabama-based Regions Bank deployed advanced ATMs as part of its digital push, replacing human tellers at many of its drive-thrus.

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