BankUnderground

JULY 5, 2021

Will Banks, Sudipto Karmakar and Danny Walker. This post is the first of a series of posts about the Covid-19 pandemic and its impact on business activity. During the pandemic, UK businesses have received unprecedented levels of government support , set to total 9% of GDP. This has mainly been through the Coronavirus Job Retention Scheme ( CJRS ), under which 1 in 3 employees have been furloughed , and the government-guaranteed loan schemes that were used by 1 in 4 businesses.

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Banking Exchange

JULY 5, 2021

American CryptoFed is the country’s first decentralized autonomous organization Compliance Technology Feature3 Feature Cryptocurrency Blockchain Bitcoin.

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Wyoming Bitcoin cryptocurrency Compliance 78

BankDeals

JULY 5, 2021

Energy Capital Credit Union (Houston, TX area) has boosted the rate on its 12-month CD by 80 bps. Minimum opening deposit is $1k, with no stated balance cap.

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Capital Houston 52

Banking Exchange

JULY 5, 2021

Plus: Farmers National Bank to buy Cortland Bank, and Valley Bank expands into Westchester County Management Feature M&A Feature3 Community Banking.

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Community Bank Community National Management 78

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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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The Paypers

JULY 5, 2021

Vietnam’s Prime Minister has asked the State Bank of Vietnam (SBV) to pilot cryptocurrency implementation from 2021 until 2023, as CoinDesk reports.

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cryptocurrency Report 57

The Paypers

JULY 5, 2021

Fintech Digilytics AI has partnered with AccountScore by integrating the Open Banking service into its new Intelligent Affordability Service, according to mortgagesolutions.co.uk.

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Fintech 48

The Financial Brand

JULY 5, 2021

As workers begin to return to offices, banking has a rare opportunity to retrain and reskill for a digital future. The post Banking Must Rethink Workforce Alignment for Digital Future appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Banking Trends Analysis Trends Branding 43

The Paypers

JULY 5, 2021

Bolttech has announced the completion of an oversubscribed USD 180 million series A funding round, according to the official press release.

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Security 48

The Financial Brand

JULY 5, 2021

There aren't many consumers buying insurance from their primary banking provider yet. Here's why it could be the next big thing. The post One-Stop Shop: Consumers Want Insurance from Their Banking Providers appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Banking Trends Analysis Trends Branding 39

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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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The Paypers

JULY 5, 2021

Deloitte has teamed up with AWS and SAP to launch a new ecommerce program for Saudi youths, with the aim of grooming them for a career in the field.

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The Financial Brand

JULY 5, 2021

The offering (which also involves Green Dot) draws on heavyweight marketing and technology expertise targeting the lucrative SMB market. The post How Amex + Kabbage Business Checking Will Disrupt the Status Quo appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Banking Trends Analysis Trends Branding 39

The Paypers

JULY 5, 2021

UK-based fintech Dozens has partnered with Flux to bring digital receipts with item-level data to customers directly in their banking app.

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The Financial Brand

JULY 5, 2021

Online platform brings upscale retail investment funding to smaller markets, providing housing and related construction credit opportunities. The post Consumers Funding Construction Loans in Innovative Fintech Model appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Innovation Fintech Banking Trends Analysis 36

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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.

Lending

The Paypers

JULY 5, 2021

Emirates has launched a payment alternative powered by a white-label solution jointly developed by the International Air Transport Association (IATA) in partnership with Deutsche Bank.

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Payments 39

Banking Exchange

JULY 5, 2021

Greater clarity and consistent regulations trumps introducing new rules, the trade body states Compliance Technology Feature3 Feature Tech Management.

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Compliance Regulation Management Technology 97

The Paypers

JULY 5, 2021

Online digital identities supplier Digidentity has rolled out its Remote Identification capabilities to all clients following the successful implementation across a number of niche user groups.

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Groups Online 39

The Paypers

JULY 5, 2021

Codat , a startup that provides APIs to link small-business fintech data to external services, announced that it has closed a USD 40 million round, according to TechCrunch.

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Fintech Data 39

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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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The Paypers

JULY 5, 2021

Crypto exchange platform, MEXC , has inked a strategic partnership with Travala.com , a cryptocurrency-friendly online travel agency.

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cryptocurrency Online 43

The Paypers

JULY 5, 2021

Hong Kong-based The Pavilions Hotels and Resorts has announced it will be accepting cryptocurrency payments from any country for hotel bookings.

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cryptocurrency Payments 40

The Paypers

JULY 5, 2021

India-based digital payments company PhonePe has partnered with Flipkart to launch contactless scan and pay for Flipkart’s cash-on-delivery orders.

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Payments Company 39

The Paypers

JULY 5, 2021

India-based card-based payment company Eroute Technologies has launched OmniCard , an omni-channel pre-paid card exclusively for the young generation.

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Cards Technology Payments Company 39

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Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.

Compliance

The Paypers

JULY 5, 2021

Germany-based bank Vereinigte Volksbank Raiffeisenbank (VVRB) and finance broker creditshelf have concluded a cooperation to offer solutions for German medium-sized companies.

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Company 31

The Paypers

JULY 5, 2021

Germany-based software and ecommerce developer GIGATEC has announced partnering with B2B ecommerce platform OroCommerce for the development and adaptation of customer-specific ecommerce software solutions.

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Software 31

The Paypers

JULY 5, 2021

Cornèr Bank , an issuer of credit and prepaid cards to private individuals and businesses in Europe, has completed the migration of its card portfolios across to Vestigo ’s solution.

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Cards 31

The Paypers

JULY 5, 2021

Fintech startup Paytm has announced it will now offer loans starting from EUR 2.5 to EUR 11.5 as part of its Buy Now, Pay Later service, Paytm Postpaid.

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Fintech 34

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

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