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How a Globalizing Payments Market Brought St. Louis and a Melbourne-Based FinTech Company Together

Let's Talk Payments

Now more than ever, the payments market is becoming global, evident by studying the Asian and Australian markets which are two of the largest markets for financial services and financial.

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Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?

PYMNTS

As FinTechs eye growth, and look to gain scale by providing more “mainstream” financial services, might those plans hit a speed bump when it comes to the infrastructure needed to bring products to the masses? I am concerned that FinTech will be the source of the next crisis.”. In Asia, Examining Cross-Border FinTech.

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CUs Work Together To Stay Ahead Of The Competition

PYMNTS

Their traditional banking rivals are now supplemented by young, agile FinTechs that advertise the most advanced technology and much greater efficiency than their legacy counterparts, meaning that CUs must lean into their strengths to get ahead. Few are more familiar with this challenge than St. There’s No “I” in CU. Getting Technical.

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How Relationship Lending & A Transaction-Oriented Focus Can Win More Business Loans

Abrigo

Among those with eased terms, 31% reported they had narrowed spreads of small business loan rates over the cost of funds, and 43% reported having narrowed spreads for large and middle-market loans. In a blog series, “ Adapting to the Digital Age ,” researchers from CSBS, the St. It appears to be helping.”

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Thurlow Describes Innovation Journey, Core Advocacy

ABA Community Banking

In keynote remarks last night at the St. Louis Fed’s community banking research conference, bank CEO Julieann Thurlow outlined Massachusetts-based Reading Cooperative Bank’s innovation journey and how it improved financial inclusion in the communities it serves.

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Top News in Payments: UK FCA Asks Banks To Explain High Overdraft Fees; Yandex Launches 15-Minute Grocery Delivery

PYMNTS

The company plans to operate the service, called Lavka, like a digital convenience market, and stocks roughly 2,000 items. The FinTech, which focuses on cross-border payments, will use the funding to boost its technology portfolio and partner network. . In this month’s Credit Union Tracker, PYMNTS spoke with the St.

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Credit Unions Find ‘Co-opetition’ Key To Closing The Innovation Gap

PYMNTS

Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. New technologies are being developed to continue this market growth. CUs Stick Together To Compete With Banks, FinTech Firms. CUs like St. million in 2019.