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Explained | The current banking crisis in the US and Europe

BankBazaar

The Federal Reserve began raising interest rates rapidly to combat inflation in the USA, and banks’ portfolio started to lose significant value owing to the largest investments they had made. Amid the financial uncertainties, Silicon Valley Bank (SVB) collapsed in March this year, sending shockwaves across the global financial markets.

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The Challenger Bank Playbook: How 6 Digital Banking Startups Are Taking On Retail Banking

CB Insights

Digital banking startups — or challenger banks — have gained traction over the past few years by bringing retail banking services mobile. Banks in Fintech: what’s ahead in 2018. Join us for data-driven look at how major banks are approaching fintech investments and taking on insurgents. First Name.

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Ledgers, banking architecture and pipes

Tomorrow's Transactions

This issue happens to have a very interesting article on the digitisation of banking, a subject of great current interest. It also has a very useful diagram for those of us who wonder how exactly it is that banks manage customers’ accounts using computers and such like. Well, yes indeed. Interesting.

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Guest Post: 3rd Quarter 2022 Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

We spent too long waiting for the Fed to figure out that inflation was not “transitory” (to use Chairman Powell’s infamous phrase) and that inflation was, in fact, building momentum. We had an oil crisis, a gas crisis, and an electricity crisis all at once. Now inflation is here and we hate it! Producer Prices were +9.8%

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Payments Acceleration Shifts The Risks For Buyers And Suppliers

PYMNTS

Research from Atradius released in 2016 found that risks down the supply chain are 75 percent higher than they were pre-financial crisis. Research from Atradius released in 2016 found that risks down the supply chain are 75 percent higher than they were pre-financial crisis. This reduces risk, as a regulated bank is handling money.

Payments 105
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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

As NYU Stern School of Business professor and digital transformation researcher Arun Sundararajan notes: “Crisis can be… a catalyst or can speed up changes that are on the way — it almost can serve as an accelerant.”. Healthcare: Using data, wearables, and VR to make care more accessible. Table of Contents. Teletherapy.

Industry 101
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Developers Enter The World Of Banking

PYMNTS

Following the global financial crisis and a pullback among banks from small business (SMB) lending, some jurisdictions have recently begun introducing new initiatives to entice competition in the space. This is the scenario of Europe, where, according to Lav Odorović, “business banking can be really awful.”.

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