Wed.Jun 18, 2025

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If the CFPB goes away, what happens to its authorities?

American Banker

The Trump administration is seeking to fire roughly 90% of the Consumer Financial Protection Bureau's staff and is fighting for that right in court. But if the administration prevails, can other consumer protection authorities from other federal regulators pick up the slack?

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JPMorgan tests deposit token on blockchain linked to Coinbase

The Paypers

JPMorgan Chase has launched a pilot program for a token representing dollar deposits, indicating that financial institutions are venturing into digital assets.

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Banks have optimized for efficiency at the cost of customer trust

American Banker

Automated systems respond poorly when confronted with edge cases and unfamiliar circumstances. But those are exactly the moments when a customer's trust in a bank is either established, or lost forever.

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Omnichannel Banking: Meeting Customers Where They Are

ATM Marketplace

In today’s banking landscape, delivering seamless, secure, and resilient customer experiences across both digital and physical channels is no longer optional — it’s essential.

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Stop Identity Fraud Before It Starts: The Verification Method That Works

Identity fraud costs businesses billions as fraudsters create perfect fake IDs that fool traditional verification methods. Visual inspection and OCR technology fail because modern fakes are nearly undetectable to human eyes and basic scanning. Even machine learning struggles with lighting, focus, and sophisticated counterfeits. The shocking truth: most verification only checks what you can see, ignoring the authoritative data hidden in ID barcodes.

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How JPMorgan's 'deposit token' shakes up crypto payments

American Banker

The banking giant's JPMD sounds like a stablecoin, but it isn't exactly the same thing. Here's why that matters.

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ClearScore teams up with Oakbrook for debt consolidation loans

The Paypers

UK-based fintech company ClearScore has expanded its partnership with Oakbrook to grow the availability of direct settlement debt consolidation loans.

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Former Fed chairs warn against dissolving financial stability watchdog

American Banker

A group of more than 50 bipartisan financial experts, including former Fed Chairs Ben Bernanke and Janet Yellen, said that effectively eliminating the Office of Financial Research and weakening the Financial Stability Oversight Council would have devastating effects for the financial system.

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Revolut launches AI-driven financial assistant

The Paypers

Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | Cross Border Ecommerce Research | Company Database | Events News Revolut launches AI-driven financial assistant Wednesday 18 June 2025 13:20 CET | News Revolut has planned to launch its own AI-driven financial assistant, according to the fintech’s representatives. The technology is still in testing, and it was developed as Revolut is focused on its goal to adopt AI to assist users with their finances.

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Circle adds global stablecoin partners; Ramp's AI push

American Banker

The USDC issuer has added fintechs from Brazil and the U.K. to boost distribution. Plus, Klarna pumps the gas on AI and more in the global payments and fintech roundup.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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Open Banking in Canada faces legislative delays

The Paypers

Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | Cross Border Ecommerce Research | Company Database | Events News Open Banking in Canada faces legislative delays Wednesday 18 June 2025 15:00 CET | News The Canadian Federal Government has indicated that legislation to fully implement Open Banking will be introduced at its earliest opportunity.

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Man extradited in $29M fraud case probed by FDIC monitor

American Banker

The scheme used fake bank reps, social engineering and crypto to loot U.S. accounts across borders, according to the agency's Office of Inspector General.

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Fabrick finalises acquisition of finAPI

The Paypers

Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | Cross Border Ecommerce Research | Company Database | Events News Fabrick finalises acquisition of finAPI Wednesday 18 June 2025 13:55 CET | News Italy-based Fabrick has announced the finalisation of its acquisition of 75% of finAPI from SCHUFA Holdings AG. Authorised by regulatory bodies, the deal seeks to scale the international perspective of Fabrick and allow the development of synergies for advancement in digital

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Road to $3.7 trillion stablecoin market is full of obstacles

American Banker

The Senate's passage of stablecoin legislation marks a leap forward for the potential mainstreaming of cryptocurrencies that track the U.S. dollar, but there are still problems to solve before banks and businesses can capitalize on the opportunities.

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Case Study: Anchor Loans Cuts Doc Prep Time by 90% with GoDocs Automation

Anchor Loans, one of the nation’s top private lenders, turned to GoDocs to modernize its document preparation process and keep pace with growing loan volume. By automating doc generation and integrating seamlessly with internal systems, Anchor Loans drastically reduced prep time and minimized risk—without adding headcount. Learn how GoDocs helped Anchor Loans begin finalizing loan packages in just minutes, enabling faster, more scalable lending with real-time compliance across 48 states.

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Wise Platform and Lunar to expand cross-border payments in the Nordics

The Paypers

Wise Platform , Wise’s global payment infrastructure for banks and global organisations, has announced its partnership with Lunar , a digital bank in the Nordics, to provide optimal international payments within its app.

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Fed to reconsider how it communicates monetary policy this fall

American Banker

Federal Reserve Chair Jerome Powell said the changes could touch the central bank's quarterly economic forecasts. He also discussed downsizing at the Fed and his tenure on the board of governors.

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Illinois postpones interchange fee law to July 2026

The Paypers

The Government of Illinois has postponed the enforcement of a law that would prohibit banks from applying interchange fees to the tax and tip portions of credit and debit card transactions.

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HSBC weighs asking staff to work in office three days a week

American Banker

Under the bank's current system, individual managers have the freedom to set their own in-office staffing rules based on their business requirements.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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China's JD.com to apply for stablecoin licenses in major jurisdictions

The Paypers

China’s ecommerce company JD.com has announced its plans to apply for stablecoin licenses in major jurisdictions in order to reduce cross-border payment times.

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Work With a Broker for MetaTrader 4 for Smooth Trade Integration

BYM Agency

The world of trading demands precision, speed, and strategic decision-making. For traders looking to streamline their trading experience on MetaTrader 4 (MT4), working with a broker can be a game-changer. best broker for metatrader 4 is already hailed for its intuitive interface and robust trading capabilities, but pairing it with the services of a reliable broker can elevate your trading to the next level.

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China talks up digital CNY in push for multi-polar currency system

The Paypers

Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | Cross Border Ecommerce Research | Company Database | Events News China talks up digital CNY in push for multi-polar currency system Wednesday 18 June 2025 10:29 CET | News China has pledged to expand the international use of the digital CNY in a push for the development of a multi-polar global currency system.

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Fannie, Freddie regulator: Powell should cut rates or quit

American Banker

Bill Pulte's social media posts saying inflation has fallen far enough added to intensified political pressure on the independent Federal Reserve chairman.

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Commercial Lenders, Playing It Safe Is the Real Risk

Why Legacy Lending Workflows Are Costing You More Than You Think Legacy systems and manual workflows might feel familiar, but they come with growing risks—compliance gaps, costly delays, and lost opportunities. This guide breaks down why clinging to traditional processes is no longer sustainable and how automation can help lenders regain control, improve efficiency, and reduce risk across the closing process.

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US Senate approves GENIUS Act stablecoin bill

The Paypers

The US Senate has passed the GENIUS Act, a bipartisan bill focused on regulating stablecoins, with a 68-30 vote, gaining support from both sides of the aisle.

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Bank M&A hasn't been slowed by tariff uncertainty: Report

American Banker

Even as unpredictable trade policies slowed down mergers in other sectors, banks have kept inking M&A deals at the same pace, according to a new report.

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DECTA's research highlights changing consumer habits

The Paypers

DECTA has released a whitepaper that offers insights into the evolving expectations of consumers and the challenges encountered by SMEs in the UK economy.

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Webster, UMB set to win if HSA expansion stays in tax bill

American Banker

Both regional banks operate health savings account businesses, which could gain more customers, more fee revenue and more low-cost deposits if Congress includes a major HSA expansion in its final budget reconciliation bill.

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.