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B2B FinTech On The Cusp Of Change

PYMNTS

The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all. 60% of U.K.

Fintech 108
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PWC Takes Very Optimistic View Of Retail Banking

Tech and Finance

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. Banks need to decide whether they want to shape the industry, become fast followers or manage defensively, the report added.

Retail 28
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PWC Takes Very Optimistic View Of Retail Banking

Tech and Finance

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. Banks need to decide whether they want to shape the industry, become fast followers or manage defensively, the report added.

Retail 28
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Too Big to Bail Out?

Banking 2020

For the record, banks in emerging markets are at least initially exempt from the new rules.) Besides, FSB proposals are not binding on any particular nation—technically, banks can keep doing what they do without running afoul of international law. But in this operating environment, that’s not in any way feasible.

System 70
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Sweden set to win cashless race

Banking 2020

Cash is still dominant in most developing markets, and even in places like the US, paper money still accounts for most consumer payments by volume. “Cash is still an important means of payment in many countries’ markets, but that no longer applies here in Sweden,” he explained.

Study 40
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The Case for CSR

Banking 2020

Just last year, a federal appeals court decided that the Securities and Exchange Commission can’t force companies to say whether they got conflict minerals from troubled African nations. There are plenty of mandates already in place to govern banking operations, and pushing companies to do good can have the opposite effect.

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Winning the Customer

Banking 2020

The report survey reveals that 18% of consumers in this category switched their primary bank in just the past year, compared to 10% of customers 35 to 54, and just 3% of people 55 and older. Some online-only startup, with operations based overseas? That’s a major advantage in this market. So where are they going?