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BNP Paribas Launches Global Investment Fund, Plans Five Investments Per Year

Bank Innovation

EXCLUSIVE – Paris-based BNP Paribas announced this week that it has launched a startup investment fund, and called this move the final piece in its innovation strategy.

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Our 7 Questions to Prevent Bad Bank Technology

South State Correspondent

We all say the customer comes first, but our actions around innovation often put cost, compliance, or our present way of doing business first. On a macro-level, it’s about managing your channels and your customer segments.

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Interagency task force issues recommendations on federal student loan servicing contracts

CFPB Monitor

The task force also recommended that servicers be allowed to apply for waivers of certain requirements on a subset of borrowers “to test innovative strategies that improve borrower outcomes.”). Culhane, Jr. ” In developing its recommendations, the task force consulted with the CFPB. (i)

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Building, operating and monetizing financial services apps on the IBM Cloud

Insights on Business

million managed retirement account participants and 11 million individuals. Those numbers also incorporate approximately 250,000 financial advisors, 300,000 retirement plans, 1,300 asset management firms, through 27 different plan providers, and over 50 global regulators to maintain compliance. Our reach is global, including 1.3

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Big tech Is coming for banking: Experts predict fintech’s 2020

Bank Innovation

Financial technology startups will enter the next decade with a little more street cred than the last time around. Nearly 60 upstarts focusing on financial services — from Stripe Inc. to Chime Inc. to Plaid Inc. — have garnered valuations of more than $1 billion in recent years, according to CB Insights.

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Bankers and aggregators disagree on data-sharing approaches

Bank Innovation

The parameters around how consumer financial information should be shared with third-party apps and platforms was the subject of debate at an industry forum organized by the Consumer Financial Protection Bureau in Washington, D.C., on Wednesday.

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Join our ‘Fintech in the Age of Coronavirus’ Zoom meeting (Subscribers Only) 

Bank Innovation

What is the role of innovation in response to these rapidly unfolding events? For insights into these questions, Bank Innovation and INV Fintech, its sister banking innovation services platform, will present a special Zoom meeting on […]. How will banks and startups work together?

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