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PYMNTS Daily Data Dive: The Underbanked Still A Problem In The US

PYMNTS

The Council of Economic Advisors considers the change in the number of unbanked or underbanked to be heading in the right direction thanks to direct deposit, community development funding, and the efforts of the FinTech industry, but Bonnie Blankenship of the Cleveland Fed begs to differ.

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KeyBank On Digitizing In-Person Services With Data Analytics

PYMNTS

billion in small business aid from Commonwealth Bank and a host of free help being provided by FinTechs to help through the ongoing crisis. FinTechs are coming to the rescue with a variety of free services and programs, including enterprise software firm Temenos. Developments From Around The World Of Digital-First Banking.

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Facebook Faces Billions In Possible GDPR Fines

PYMNTS

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. community banks and small business lending. The one million euros will be spent through 2019, according to reports.

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Early-Bird Discount Extended for FinDEVr Silicon Valley

Fintech Labs Insights

See firsthand what’s new and trending for the financial and banking developer community — all for early-bird rates. On October 18 & 19, FinDEVr Silicon Valley will showcase the latest in fintech tools, tech, APIs, platforms, case studies, and tutorials. Federal Reserve Bank of Cleveland. Apex Clearing.

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The Future of Noninterest Income at Financial Institutions

Abrigo

Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category. Lawmakers and the regulatory community have taken notice of the increase in bank service charges and fee income and have responded, specifically regarding overdraft fees. Community banks target growth.