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Perficient to Present at Fintech Generations 2021

Perficient

In the session “Differentiating Your Brand for the Digital Era,” Scott will discuss how financial services companies can leverage digital technologies in new and innovative ways to create new value for consumers and businesses. The presentation will occur on June 10 at 4:00 p.m.

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Viettel Will Debut Commercial 5G Services

PYMNTS

Viettel, for its part, has over 110 million clients in 11 nations, including Peru, Hati and Cambodia. Richard Burr from North Carolina and Mark Warner from Virginia have put forward a bill to push back against the dominance of China in 5G by offering to subsidize firms in the U.S. that are working on the innovation.

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FreshBooks Unveils Initiative To Link Accounting Professionals With SMBs

PYMNTS

FreshBooks Accounting Professionals Program members will get access to a community, customized training and education, innovative technology and tools, and dedicated support. 2 small business accounting software in America, is headquartered in Toronto, Canada and has offices in Raleigh, North Carolina as well as Amsterdam, Netherlands.

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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

PYMNTS

Eight additional states, Idaho, Minnesota, Missouri, Nevada, North Carolina, Texas, West Virginia, Vermont and the District of Columbia, are slated to be added in June.

Online 151
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Update on state small business commercial financing disclosure laws

CFPB Monitor

Around the nation, regulators are preparing to implement and enforce new consumer-like disclosure laws for small business commercial finance providers. New York regulators have yet to issue final regulations implementing the state’s Commercial Finance Disclosure Law (CFDL), which went into effect on January 1, 2022.

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OppFi files complaint to block “true lender” challenge by California Department of Financial Protection and Innovation

CFPB Monitor

The rules provide that a loan made by a national bank, federal savings association, or federally-insured state-chartered bank that is permissible under applicable federal law (Section 85 of the National Bank Act (NBA) or Section 27 of the Federal Deposit Insurance Act (FDIA)) is not affected by the sale, assignment, or other transfer of the loan.

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Small Business Banking Targeted In Open Banking Initiatives

PYMNTS

“In this day and age, it is very important for community financial institutions to be able to compete with their main new competitors — challenger banks and national banks — and have access to the same technology that can be deployed in weeks, not years,” said Agora Services Founder and CEO Arcady Lapiro in a statement.