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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

Of course, what the pandemic also proved is that future-proofing isn’t always entirely possible. As organizations turn their banks and other finserv providers to support that implementation process, Sigovitch said regional banks are facing a future in which corporates rely on them for more value-added advisory services.

Regional 214
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Decoding the CFPB’s Crackdown on “Junk Fees”: A Changing Climate

Perficient

The CFPB’s Problem with Junk Fees Recently, a regional bank headquartered in Richmond, VA faced a hefty $6.2 These culminated in an advisory opinion paper where the CFPB illuminated the fact that “…many large banks erect obstacle courses and impose junk fees to answer basic questions.”

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SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm

PYMNTS

Its investment in Latin America this year will target eCommerce, healthcare, FinTech and other industries, as it looks at about 650 firms in the region. More than 50 percent of the startups the regional fund has invested in are from Brazil.

Fintech 174
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Today In Data: Driving A Digitally Determined World

PYMNTS

With risk, of course, due to endemic identity theft concerns – but also with a lot of reward. Consumers have more retail modes than ever before, in more regions of the world – and a greater ability to expand and customize their commerce activities. They shop, pay bills, book and manage travel – all digitally.

Data 182
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The Recency Trap and Building Deposit Balances

South State Correspondent

Most national and regional banks allocate marketing resources to recently acquired customers to get them to build deposit balances and purchase other products, while most community banks do not. Recency Trap Experiment Of course, please don’t take our word for it. Many banks fall into the “recency trap.”

Marketing 195
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HSBC Reorganization Slashes 35K Positions, $100B Assets

PYMNTS

At the same time, HSBC is moving to grow profits by investing in Asia and the Middle East, both rapidly-growing regions. The reorganization is happening as the financial winds change course due to politics, economic uncertainty, U.S.-China Hong Kong and mainland China, all considered to be its primary market regions.

Regional 190
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Chapter 11 Watch: Austin Reed Bids Farewell, Staples Plots A New Course

PYMNTS

There’s less and less reason for consumers to actually leave their houses, even when it comes to checking off some rather routine errands, and if shoppers do manage to resist the Amazon Freshes of the world, what are the odds they’ll choose the smaller, regional supermarket brand than the larger, more recognizable one?

Austin 100