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Why Mexico’s SMBs Need A FinTech Operating System And Not Another Bank

PYMNTS

Consider the fact that in Mexico it can take four to six months to open a business account — and as much as a year to get access to a debit card. As Poovala told Webster: “We had to get a debit card by actually creating our own startup. It’s been 20 months, and we tried to get a debit card from some of the largest banks.

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Brexit Tracker: MPs Pull Article 50 Trigger, Consumer Borrowing Slows And Holland Looks To Gain

PYMNTS

MPs overwhelmingly voted to invoke Article 50 of the Lisbon Treaty. After a two-day-long debate, Parliament voted to trigger Article 50 by a majority of 384. In addition to that, net credit card borrowing also had its smallest increase in cash terms since Oct. It’s happened. The wheels for Brexit are officially in motion as U.K.

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How Your Bank Business Model Impacts Performance

South State Correspondent

In this article, we look at two very similar institutions, but ones with different bank business models, and show how their model impacts performance. Our point in this article is that there is more than one way to achieve efficiency, and your bank might be better off being less efficient but more effective.

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Mastercard And Visa Lose Legal Round In Europe Over Swipe Fees

PYMNTS

Different MIFs apply to different transaction types, which can span contactless or card not present payments. Supreme Court’s decision, language notes that the MIF is payable by acquirers to issuers on each transaction — expressed either as a percentage of the transaction value or a flat fee expressed in pence.

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The Best Credit Union Business Credit Cards in 2020

MyBankTracker

Much like personal credit cards, you can be stuck with a tough decision choosing a business credit card. You may have to consider the rewards program or the card’s perks that may help your business operations. credit card issuers and banks offer very attractive choices (not surprising). The major U.S.

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4 trending social media tips to know

Independent Banker

Martinson shares one example of how the group helps its members: “Just today, I saw a posting from someone who had joined the group three weeks ago, asking about using gift cards for a quarterly giveaway. A lot of our articles, especially the mortgage ones, are written by our employees,” Wheeler says. “A DEI matters on social. “If

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Trade-based money laundering: The link to terrorist financing

Abrigo

Would you like others articles like this in your inbox? Understanding trade-based money laundering Addressing the FinCEN priorities in your AML/CFT policy means knowing what steps to take to prevent trade-based money laundering and terrorism funding.

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