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Definition Of ‘Small Business’ Left Uncertain Amid Aussie Bank Reforms

PYMNTS

Australia’s banking industry continues to address misconduct at the largest of the nation’s institutions, with small business banking at the center of many of the regulatory efforts. The current definition of a small business by the banks is a company with loan exposure of up to AUS$3 million ($2.15

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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

We’ll then move to the federal level, seeking regulatory guidance as to whether digital tokens are securities under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) or commodities contracts over which the Commodity Futures Trading Commission (CFTC) has regulatory jurisdiction. State Regulations.

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Afterpay Teams With Simon Before Holiday Shopping Season

PYMNTS

To help merchants and promote Afterpay in-store payment services to individuals before the busy holiday shopping season, buy now, pay later (BNPL) firm Afterpay and Simon have announced a national collaboration. However, these purchases can be viewed as too costly in a market full of less expensive alternatives.

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How to Practice Loan Pricing Discipline

South State Correspondent

Further, bankers need to be realistic about assumptions such as usage, probability of default and loss given default, and cross-sell opportunities (such as deposit size, deposit stickiness, and deposit costs) – all of these inputs are forward-looking and must be modeled, stress-tested, and adjusted with market changes.

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Passing The Middle-Market Automation Exam

PYMNTS

Though many financial institutions recognize the opportunity to help middle-market businesses automate their AP payments, they have not been able to fully capitalize on the opportunity. Here the elusive payments opportunity meets or, in fact, doesn’t meet, the elusive audience: accounts payable automation for middle-market firms.

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Big-Box Retail CEOs Say Stimulus Checks Boosted Sales

PYMNTS

Finance ’s morning market preview show. Categories like sporting goods and bicycles, fabrics and crafts, toys, the stay-at-home categories, networking [equipment], really took off … definitely we do see a positive impact from the checks.”. “I think it helped,” Furner told The First Trade, Yahoo!

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Crack The Code to Financial Freedom: NPS and PPF Demystified!

BankBazaar

Both Public Provident Fund (PPF) and National Pension Scheme (NPS) encourage you to save regularly and are backed by the government. While NPS is an investment that is linked to the market and is regulated by the Pension Fund Regulatory and Development Authority (PFRDA). This adaptability aligns with market fluctuations.

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