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Fintech Deals to Watch: Fall Festivities

Gonzobanker

Fiserv partnered with Central Payments LLC , a BAAS provider for fintech, and sold its Frontier Reconciliation and Accurate Reconciliation solutions to Trintech. Core10 secured a Series B funding round led by Patriot Financial Partners with JAM FINTOP and the ICBA. Finastra partnered with Glia for digital customer service.

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Digital IDs Help Open Banking Reach Its Fullest Potential

PYMNTS

As financial institutions (FIs) work with FinTechs, they need to know that these tech-nimble startups are not only enabling access to customers’ account data but also in a manner that embraces KYC and AML. For instance, he pointed to statewide initiatives in California and Illinois that have focused on biometrics. Checks And Balances.

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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.

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COVID-19 Sees More Online Grocers Accept EBT SNAP Payments For Food

PYMNTS

Instacart said it would be rolling out the pilot program at more than 60 ALDI locations in Georgia, with plans to expand that to more than 570 stores in Illinois, California, Florida and Pennsylvania in the coming months. In May, global payments processor and FinTech Fiserv announced it was also taking part in the USDA’s pilot program.

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Scottsdale Community Bank: Making microloans

Independent Banker

Small businesses] need a place that will listen to their financial needs and to their dreams of being independent, having financial security, contributing to the community and providing resources for their families.” William Atkinson is a writer in Illinois.

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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Blockchain and a bank charter might do much to boost financial inclusion.

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Blockchain Tracker: Banks’ Experimentation With Blockchain Tech

PYMNTS

As we reported just a few months back, this technology is set to disrupt the financial industry because it enables secure cross-border money transfers. However, they are also looking to leverage additional advantages, including increased competitiveness with FinTechs and the ability to use the technology to create new business models.”.