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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

He pointed to brands and merchants like Dunkin and Dollar General, marked by underserved populations that could benefit by better economics than has been seen with prepaid cards or payday lending. But a national charter would allow for a uniformity of presence and market scope. Looking Toward The Blockchain .

National 215
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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio.

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Dr. Strangelove or: How Fintechs Will Learn to Stop Worrying and Love Regulation

FICO

The most prominent villain for fintech companies is regulation. And so it’s easy to see why a fintech company — believing fully in the virtue of its mission and faced with a litany of illogical and intractable regulations — might just say "F*ck it, we're doing it anyways." Brand protection. A Prediction for the 2020s.

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Taking On SMB Banking Friction Without Reinventing The Wheel

PYMNTS

regulations have not only mandated traditional FIs to open customer data to third-party FinTechs on the authorization of joint customers, the regulatory landscape has also encouraged greater competition in the small business banking space, giving rise to a flock of challenger banks. market is not like others across the globe.

Fintech 181
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Mezu: What It Would Take To Replace Cash

PYMNTS

A certain amount of anonymity must be sacrificed to meet regulations like anti-money laundering (AML) compliance standards. The company plans to take a grassroots approach to getting the word out this summer, with brand ambassadors canvassing places around L.A. Growth Trajectory. First stop? Challenges.

Tools 118
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Lack of an M&A Strategy May Leave You Dateless at the Prom

Gonzobanker

While we may see an uptick in the number of new bank charters from the near zero we have today, too many other industries with less regulation will attract capital. Once the filters are in place, tools like the FDIC Web site or SNL can help you produce your target list. Identify M&A Partners. Have at it!

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Finovate Fall 2016 Live Blog – Day 2

William Mills

Now showing how Avoka can integrate with a ton of apps in a matter of days with your company’s brand. I believe SEC regulations require a company to go public if they have more than 500 shareholders. Franchises – Americas greatest brands” They have a list view function where investors can investigate franchises near and far.