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Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation

PYMNTS

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Saudi Arabia’s central bank said the plan is for open banking to go live in the first half of 2022.

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Rebeca Romero Rainey: The spirit of innovation

Independent Banker

A spirit of innovation and can-do attitude will serve you well this year, helping you remain ahead of the curve and address issues that arise. Almost overnight, community banks nationwide launched new fintech relationships to meet the needs of their communities. Photo by Robert Severi. Start small. But most of all, start.”

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Kasikornbank To Offer Nium’s FinTech Payments Platform

PYMNTS

FinTech payments platform Nium , based in Singapore, is expanding its global reach to service Kasikornbank’s Asia-Pacific customers in Indonesia, Korea, Malaysia, the Philippines and Vietnam. The new routes will be supported by Nium’s real-time payment capabilities, according to the announcement.

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Payment Rail Innovators Focus On Cards, Contactless Payments

PYMNTS

New payment rails are again in the spotlight, with commercial card and contactless payments emerging as the top focuses for innovators. This week's look at payment rail innovation is all about digitization and payments acceptance. Boost said it’s the only FinTech acquirer that is geared toward B2B payments.

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Top 10 Benefits of Automating Closing Documents

In the fiercely competitive landscape of commercial lending, where FinTech's digital transformation initiatives take center stage, the complexities of loan documentation are constantly evolving. Innovative solutions are now essential to navigate this dynamic landscape and achieve success in the fast-paced world of commercial lending.

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Digital lending fintech enters auto

Bank Innovation

LAS VEGAS — Bank of Oklahoma has adopted Blend’s digital lending platform, the fintech announced at the 2019 Auto Finance Summit. Blend’s technology uses verified data to eliminate steps and the passing around of documents,” said Olivia […].

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Morgan Stanley Takes Steps To Make FinTech Partnering Easier

PYMNTS

Morgan Stanley wants to make it easier to acquire new tech from startups as well as pick up the pace of collaboration amid concerns from FinTechs that partnering with big banks can be slow and expensive. With FinTechs disrupting traditional financial services, the big banks have been partnering up at an increasing rate.

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