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Press Release: BankBazaar Marks Third Year of Growth; Hits Rs. 215 Crore Revenue

BankBazaar

There are now 100 million active Credit Cards in India, and FY25 is poised for significant innovations and rapid growth in this space. Our focus on forging meaningful partnerships with solutions that are fully compliant with co-brand Credit Card regulations has positioned us well to leverage this growth phase in the industry.”

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Inside The FIS Innovation Process With EVP Bruce Lowthers

PYMNTS

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. Anyone can have a good idea,” Lowthers said; innovation is about what you do with it. PYMNTS: Where do you look for innovative ideas, and why?

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Open Banking Co Token Receives $16.5M Investment

PYMNTS

The company wants to continue to innovate payments solutions using ID and digital money technology. By solving the infrastructure problem, Token enables them to focus on service innovation and delivery earlier than the competition.”. Older investors like EQT Ventures and Octopus Ventures also took part in the investment.

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Adobe Takes A Whack At Salesforce With $4.75B Marketo Buy

PYMNTS

Adobe announced it has entered into a definitive agreement to acquire software company Marketo for $4.75 Marketo delivers the leading B2B marketing engagement platform for the modern marketer, and there is no better home for Marketo to continue to rapidly innovate than Adobe.”. billion , subject to adjustments.

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Brian Johnson, CFPB Deputy Director, Speaks at Meet the Policymakers Forum

CFPB Monitor

On November 7, 2019, the George Mason University Antonin Scalia Law School hosted an event with Brian Johnson, the CFPB’s Deputy Director, to discuss the agency, its rulemaking process, innovation programs, and goals for the near future.

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Ballard Spahr partner Dee Spagnuolo joins CFPB OMWI Director on panel at ABA meeting

CFPB Monitor

.” The program included an informative discussion of the history of Section 342 of the Dodd-Frank Act, examined its effect on the industry, and provided guidance on how regulated entities might best comply with the Joint Diversity Standards issued in June 2015.

Meeting 60
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The State of Responsible AI in Financial Services

FICO

The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. More than ever, I believe this year’s report sounds the alarm bell for financial services firms, signaling that the industry must come together to self-regulate its use of AI.