Tue.Dec 28, 2021

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CA DFPI provides assurance of no action to debt collection license applicants experiencing NMLS delays

CFPB Monitor

The California Department of Financial Protection and Innovation (DFPI) has published a notice on its website concerning delays that debt collectors and buyers seeking to comply with the new licensing requirement in the state’s Debt Collection Licensing Act are currently experiencing. The new law, passed in September 2020, requires debt collectors and buyers to apply for a DFPI license by December 31, 2021.

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Top 5 crypto stories of 2021: Riding the crypto wave

BankInovation

There can be no doubt it's been a huge year for cryptocurrency and its underlying blockchain technology as an increasing number of banks consider how to get involved — and whether it's wise to do so. But decentralized finance (DeFi) and its underlying technology can't be ignored. Following the money, Bank Automation News notes that […].

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ATM tech, security, Bitcoin ATMs earn top spots in 2021 blogs

ATM Marketplace

Every year we at ATM Marketplace get qualified blogs from thought leaders in the ATM and financial technology industries. 2021 was no exception as bloggers covered topics ranging from Bitcoin ATMs to skimmers to biometrics.

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Five economic flashpoints to beware in 2022

TheGuardian

From a new Covid variant to rampant inflation, the global economy faces some daunting risks in the new year After the turmoil of the past two years, the consensus among economic pundits is that 2022 will be calmer. But in late 2019, when the first reports of a new coronavirus started to filter out from Wuhan in China, few imagined within months that the world economy would be flattened by a pandemic.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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How to Throw A Pocket-Friendly New Year Party

BankBazaar

Want to usher in 2022 in style without busting your bank account? This one’s for you! It’s New Year’s Eve and you expect to count down to midnight with your best buds. Going out to a fancy club or a party has become an expensive affair, and given that the year end is also the end of the month (well, duh!), plus the ongoing pandemic, it’s only normal to aspire for a budget-friendly party plan.

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Oportun begins transformation after buying challenger bank Digit

American Banker

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Why Banking Is Only at the Start of Its Diversity and Inclusion Journey

The Financial Brand

Banks and credit unions are working to integrate diversity — but they are not even close to where they need to be, say two top consultants. The post Why Banking Is Only at the Start of Its Diversity and Inclusion Journey appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Truliant's debt offering blazes new trail for credit unions

American Banker

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Consumers’ Woeful Lack of Knowledge About Data Sharing Could Hurt Banks

The Financial Brand

Consumers are flocking to fintech apps, but have little awareness of how these mobile solutions use their personal information. The post Consumers’ Woeful Lack of Knowledge About Data Sharing Could Hurt Banks appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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The State of Automation in Financial Services 2024 Report

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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Opportunity for banks in offering low-cost deposit accounts

American Banker

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CEO of Community Financial Credit Union in Michigan to retire

American Banker

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How a store-branded card issuer is surviving the retail apocalypse

American Banker

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Genisys Credit Union, Unified Communities in Michigan to merge

American Banker

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

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Amerant Bank in Florida reassigning two senior executives

American Banker

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