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This week’s podcast episode: Using financial technology to improve consumers’ financial health, a conversation with special guest Leigh Phillips, President and CEO of SaverLife and Chair of the CFPB’s Consumer Advisory Board (CAB)

CFPB Monitor

SaverLife is a national non-profit sponsored by some of the nation’s leading financial institutions that uses financial technology to improve the financial health of low- to-moderate income consumers by incentivizing savings through prizes, rewards, expert resources, and gameplay.

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Senate Federal CEO On Protecting Member Trust During Digital Overhauls

PYMNTS

Credit unions (CUs), as much as other financial entities, are seeing a boom in competition as banking moves to online and mobile channels. Customers today expect to be able to access financial services instantly, which can put pressure on CUs that need to stretch restricted technology budgets into innovative new features.

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Central 1 Combines Invoicing With Payment Request For SMBs

PYMNTS

Canadian financial technology provider Central 1 is linking its credit union customers to a new solution designed to streamline accounts receivable for small businesses. “They are able to offer their small business member bases competitive rates for funding, in addition to resources and personalized support.”

Payments 148
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Razer Fintech, Visa Pitch New Prepaid Card To Young Adults In Singapore

PYMNTS

The Singapore-based financial technology company said the move is part of its goal of establishing “the world’s first global youth bank.”. Last month , the FinTech teamed up with investment giant Franklin Resources to announce a plan to create a digital wealth-management platform targeted at millennials and young investors.

Cards 150
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Taking Real-Time Payment Rails To The Tipping Point

PYMNTS

Financial technology provider Fiserv has devised a technology that allows individuals to accept payments on consumer-grade smartphones and other digital devices, as well as handheld business point-of-sale (POS) systems. The system will come fully online in the city by 2021, according to the MTA. About the Tracker.

Payments 304
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Equifax Buys Commercial Credit Data Company Ansonia

PYMNTS

Equifax , the Atlanta-based financial technology company, has purchased Ansonia Credit Data , a commercial credit data firm. million, which was up 10 percent, and within that unit, Online Information Solutions was up 7 percent for the quarter to $263 million. The price was not disclosed. million.

Data 167
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How FinTechs Help Companies Optimize Their Payments Acceptance Costs

PYMNTS

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. Big online eCommerce, gig economy or other merchants “tend to have a lot of different payment services that they use,” he told PYMNTS in an interview.

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