PYMNTS

SEPTEMBER 13, 2020

Europe's biggest banks have called on the European Commission to implement tough regulations for cryptocurrencies, such as stablecoins, that would protect consumers and preserve state sovereignty in monetary policy, Reuters reported. In a joint statement Friday (Sept. 11), the finance ministers of Germany, France, Italy, Spain and the Netherlands said they asked the executive branch of the European Union (EU), the agency responsible for managing the day-to-day business of the EU’s 27 nations, to

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BankBazaar

SEPTEMBER 13, 2020

On International Grandparents’ Day, it’s time to learn a thing or two about how our old folks managed their money. “Money is very very necessary, but one should not become a slave to it… Rather we should control our money wisely. Also, one should do charity.” Those were the first words that my grandmother shared with me when I told her about this article.

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PYMNTS

SEPTEMBER 13, 2020

Lloyds Bank has teamed with ConnectedFi in order to provide brokers with quicker asset finance credit decisions by using automation, according to Financial Reporter. Lloyds will now integrate its asset finance application programming interface (API) into the FinTech software company's asset finance customer relationship management (CRM) platform, which will give brokers using the CRM the option to submit finance proposals directly to the bank with a new level of speed, the report stated.

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TheGuardian

SEPTEMBER 13, 2020

Europe is a far more important export market for the UK, as business leaders know – bigger even than the US There was a consistent message from business leaders to international trade secretary Liz Truss’s claims that she had signed a “historic” deal with Japan to lower tariffs and gain access to previously restricted markets. Thank you, they said, but could you please sign a deal with the EU because that is our most important export market.

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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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PYMNTS

SEPTEMBER 13, 2020

Six months after merger talks stalled between two of Southeast Asia’s ride-hailing companies, Gojek and Grab Holdings have resumed negotiations, the Financial Times (FT) reported. Shareholders, including Japan-based SoftBank , which first invested in Grab six years ago and in several later funding rounds, have urged the startups to return to the table, FT reported.

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Seattle Regulation Analytics Trends 278

PYMNTS

SEPTEMBER 13, 2020

GrabCar , a unit of Grab Holdings, a Singapore-based ridesharing company, has been issued a $10,000 Singapore dollar ($7,311) fine for a personal data breach, Bloomberg reported. The penalty, assessed by the Personal Data Protection Commission (PDPC), the Singapore government agency responsible for personal data protection, stemmed from an incident last year when Grab’s mobile app exposed information of more than 21,500 users.

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Data Groups Report Strategy 162

Bankelele

SEPTEMBER 13, 2020

The East African Development Bank (EADB) is a development finance institution, headquartered in Kampala, Uganda and has country offices in Kenya, Tanzania and Rwanda. It was one of the few institutions that survived the collapse of the original East African community. Its main products are medium-term financing and its long-term loans for projects that can be durations of 12 […].

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Maine Community 39

PYMNTS

SEPTEMBER 13, 2020

After a nearly two-week ban, fans of Fortnite , a video game in which players fight each other until the last one is standing, can log into the game on Apple ’s sign-in system, Reuters reported. Epic Games , the video game maker, said the Cupertino, California-based global tech company has given an indefinite extension for players to access the survival game.

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Apple California Maryland Video 159

Perficient

SEPTEMBER 13, 2020

What’s the secret to success in any healthcare digital project? Hint: It’s not a snazzy design or lots of bells and whistles. No matter the project, there’s a key step that separates success from failure. And that key is within your grasp. The key? Before you dive into your project, define what success will be. Set your key performance indicators (KPIs).

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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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BankBazaar

SEPTEMBER 13, 2020

In spite of a six months’ paid maternity leave that you’re entitled to in India, there are still some exigencies that you will need to financially prepare for during your maternity leave. . Motherhood can easily be considered as one of the most momentous occasions that mark a woman’s life. Whether you’re opting for a natural birth, surrogacy or adoption, this period is likely to bring tumultuous changes to your life.

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How To Policies Resources Examples 148

PYMNTS

SEPTEMBER 13, 2020

Opendoor , a San Francisco-based startup that offers a one-stop-shop for buying and selling real estate, is negotiating to go public with a California blank-check company, Bloomberg reported. Opendoor is in advanced talks with Social Capital Hedosophia Holdings Corp. II, according to Bloomberg sources. The firm was founded last year to acquire businesses through mergers.

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PYMNTS

SEPTEMBER 13, 2020

TikTok ’s “sale-or-no-sale” negotiations are coming down to the wire as the Chinese-based social-media app tries to control its own fate in the face of President Donald Trump’s threats to ban its U.S. operations as early as Tuesday (Sept. 15). Issues and questions surrounding the potential ban seem to pop up every day, with critical issues regarding Internet access hanging in the balance.

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PYMNTS

SEPTEMBER 13, 2020

China-based ByteDance has said in boardroom discussions that it won't be selling its essential algorithm for the video-sharing app TikTok in any manner, according to sources quoted by the South China Morning Post. The company has faced scrutiny in recent weeks from the U.S. government over its potential for data mining and spying on users, with the President Donald Trump administration mandating it must divest its U.S. interests to another company.

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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.

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