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China key to banking and payments innovation

Banking 2020

. “Western banks are pursuing digital transformation projects that are dependent on a vendor community that may or may not understand the direction of change,” the report stated. In 2014, it launched the Baidu Baifa 100 Index fund with the China Securities Index Company. A transformed environment.

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Small banks' battle to thwart unemployment scams

American Banker

Peoples Bank in Arkansas and Main Street Bank in Massachusetts are getting smarter about spotting suspicious transactions tied to unemployment benefit fraud as well as warning customers what to watch out for.