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Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System

PYMNTS

In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450 million Series C funding round, while Pakistan has debuted a government-run instant digital payment infrastructure. Plus, Delivery Hero is launching an early-stage venture capital (VC) firm.

Detroit 135
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Using Airbnb’s Playbook To Give Corporate Housing A Digital Makeover

PYMNTS

Or maybe a relatively bland extended-stay operation right off the interstate. To learn more about the trend, PYMNTS recently caught up with Kulveer Taggar, co-founder and CEO of Zeus , a digital and mobile-focused operation that puts business travelers into furnished housing that Zeus rents from owners.

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Supporting the Financial Services Industry Sustainability Journey

Cisco

There is pressure from shareholders, consumers, employees, and regulators for organizations to move towards a more sustainable future, and to set ambitious greenhouse gas (GHG) emissions reduction goals. Many FIs are developing sustainability strategies which rely significantly on technology for operational transformation.

Industry 144
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Today In Data: Alt FIs Raise Funding, SMBs In The US And AI Gets Backing

PYMNTS

Today in PYMNTS’ data, small- and medium-sized businesses (SMBs) have won the alternative financial venture capital (VC) funding rounds, millions of SMBs are in operation in the U.S. — 30 million | Higher end estimation of the number of SMBs in operation in the U.S.

Data 109
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The ICBA 22/23 executive committee is all in

Independent Banker

Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. We need to make sure people remember that and have it reflected in laws and regulations that affect our industry. Bank Operations and Payments chair Alice P.

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Are banks taking advantage of the CECL extension?

Independent Banker

Regulators implement ICBA-supported three-year transition. The standard allowance for loan and lease losses (ALLL) used to account for those losses didn’t offer a timely way to adjust regulatory capital. When they do adopt, it will require a bigger reserve and immediately deplete regulatory capital on day one. February 2016.

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Finovate Debuts: itBit’s Regulated Bitcoin Trading Platform

Fintech Labs Insights

This is what sets the New York-based company apart from its numerous competitors– it is the only regulated bitcoin trading platform open to all U.S. Headquartered in New York City. The post Finovate Debuts: itBit’s Regulated Bitcoin Trading Platform appeared first on Finovate.

Bitcoin 12