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Facebook Faces Billions In Possible GDPR Fines

PYMNTS

The impact of Europe’s General Data Protection Regulation ( GDPR ) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts. Crypto Regulations. community banks and small business lending.

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Why Bank Shareholder Succession Matters

Jeff For Banks

You may be aware that Wellington is a significant institutional investor in community bank stocks. I wanted to know from him what he thought community banks should do about shareholder succession. Actually calculate the jobs supported through local lending. Probably should check with SEC counsel first. )

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Digital Disruption

Independent Banker

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This puts consumer data, and potentially credit ratings, reputations and bank accounts, in jeopardy. Siphoning customers.

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The Top 250 Fintech Startups: Where Are They Now?

CB Insights

Santander is expanding its existing relationship with nCino, deploying nCino’s bank operating system product to subsidiary Santander UK. Cloud-based digital lending platform Roostify has been integrating with some of the largest mortgage lenders. notable Business Model & Product developments.

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Bank Multiple Improvement: 33 Items Stakeholders Want to Know Now

South State Correspondent

We have poured through the recent 2Q earnings releases, spoken with a rash of institutional bank investors, traded thoughts with analysts, and compiled the following list of concerns that bank stakeholders (employees, shareholders, vendors, and regulators) now have. Top Line Revenue & Lending. Real Estate Lending.

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The 2022 GonzoBanker Awards

Gonzobanker

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Goes to CSI.

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. The Bank Regulator Working for Merchants Award!

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