PYMNTS
MAY 12, 2020
Local and regional banks may have once been more insulated from these trends than other businesses since they are often trusted names within their communities and maintain long-standing relationships with their customers. In contrast, national bank customers are less likely to switch FIs, with 25.9 percent of national banks, versus 77.5
PYMNTS
SEPTEMBER 18, 2020
18), the European Round Table for Industry ( ERT ), a Belgium-based advocacy group, wrote “Europe is lagging behind other world regions in the rollout of 5G, both the infrastructure and the capacity to offer commercial 5G services.”. In a tweet Friday (Sept. We have had too much of a fragmented approach in Europe,” Svanberg told the FT. “If
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Abrigo
JANUARY 3, 2024
Download now Takeaway 1 Financial institutions should understand FinCEN typologies and red flags to assist in suspicious activity monitoring around drug trafficking. According to the National Institute on Drug Abuse (NIDA), deaths involving synthetic opioids, primarily fentanyl, continued to rise, with 70,601 overdose deaths reported in 2021.
PYMNTS
MAY 20, 2020
Making cross-border payments in the EU therefore requires interconnectivity between the regions’ various real-time payments rails. This marked the first real-time payments regulatory framework in the region that addressed all EU countries. The ECB sees TIPS as more than just another real-time payments solution, however.
PYMNTS
JANUARY 24, 2019
Smartphone sales may be slowing, but the apps that consumers like to download and use on those phones are getting plenty of attention — quite literally. Consumers spend, on average, three hours of their day (or a month and a half of their year) using their mobile devices, during which time they download some 194 billion phone apps.
PYMNTS
MAY 19, 2017
Even as some countries move away from physical currency in favor of more modern payment methods, demand in larger nations means the Asia-Pacific region is still clinging to cash. With China and India driving economic growth, countries in the Asia-Pacific region are estimated to spend some $8.1 trillion in cash payments in 2015.
PYMNTS
OCTOBER 4, 2019
Such identity solutions were once exclusively the domain of wealthy, technologically advanced nations, but are spreading to countries like Nigeria and Sierra Leone, which have recently begun harnessing digital channels. Government-issued digital identities are not just the realm of sovereign nations. How Nav Navigates KBA Challenges.
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