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Why Banks Need FinTech To Address Their Own Complicated Treasuries

PYMNTS

Banks are finding it more difficult than ever to ignore potential FinTech partnerships that could better serve their corporate customers. When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help.

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Canadian Fintech Market Map

CB Insights

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Canadian fintech companies raised $251M through the end of H1’19, nearly double the $133M raised in H1’18. The 2019 Canadian fintech market map. Navigating the Canadian fintech market map.

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OCC issues updated FAQs to supplement bulletin on third-party relationships

CFPB Monitor

On March 5, 2020, the OCC issued a revised set of FAQs designed to supplement OCC Bulletin 2013-29 (Third-Party Relationships: Risk Management Guidance) issued on October 30, 2013. The OCC appears to place risk management responsibilities upon banks for such activities conducted by third-party data aggregators.

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Opinion: The Future of Money

ABA Community Banking

The classic definition has three parts. Feature Management Technology Risk Management AML & Fraud Tech Management Cyberfraud/ID Theft Feature3 Fintech. What is money?

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Credit Card or a Debit Card: Which is Safer?

ABA Community Banking

There are definitely pluses and minuses to both the consumer and the banks in terms of safety and credit Consumer Credit Financial Research Feature Financial Trends Risk Management Security Operational Risk Credit Risk Cyberfraud/ID Theft Feature3 Fintech.

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B2B APIs Bring Connectivity, Security To The Cloud

PYMNTS

It’s happening in the B2B space as well, and not a moment too soon, as many B2B systems are in definite need of an upgrade — and could learn a thing or two from the consumer side. MFA and APIs Make A Good Pair.

Security 130
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Commoditization, Optimization or Transformation: What’s in Your Core Wallet?

Gonzobanker

It’s reimagining the financial institution’s processes from a customer, efficiency, and risk management perspective without being constrained by dated technology or the old way of doing things. But it is definitely time to make a strategic decision and move forward with a plan. At least, not right now.

Strategy 158