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World Central Bankers Discuss Alternatives To The Dollar

PYMNTS

The 2019 Kansas City Federal Reserve’s annual symposium gathered the top monetary policymakers worldwide to kick around ideas to topple the dollar’s power, Bloomberg reported Sunday (Aug. currency is probably healthy,” Posen told Bloomberg. “ … the idea that there’s a technological fix that will achieve it strikes me as mistaken.”.

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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

Technology is an obstacle and an opportunity. One key area that can be both an obstacle and an opportunity for community banks is technology, the Federal Reserve Bank of Kansas City says. Technology can help streamline and automate many manual lending processes, reduce compliance costs, and enhance risk management.

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Ag lending outlook & top challenges

Abrigo

As farmers adjust their credit needs in response, banks with a higher share of agricultural loan activity (“ag banks”) may see demand for loans increase,” Kansas City Fed economist Francisco Scott said in a recent research report. Department of Agriculture projects a 4.5%

Lending 195
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Building The Tire Shop Of The Future With On-Demand Service

PYMNTS

Consumers can purchase their selected tires online through Zohr’s website, via a personal mobile device, laptop or PC. Komal said that what distinguishes Zohr from other players is the proprietary in-house technology it has built to power the business. The company services the two metroplexes of Kansas City and Dallas.

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Intercepted: Live League Sports Revenue Drop May Take Years To Recover

PYMNTS

While the worst fears haven’t been realized — the NFL opened its 2020 season in September with a showdown between (Super Bowl champs) the Kansas City Chiefs and the Houston Texans — the outlook across the pantheon of live sports is anything but settled as November 2020 begins. Online Betting, Game Platforms Pick up Sporting Gauntlet.

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ResTech’s Rising Prominence In Writing The Future Of The Industry

PYMNTS

Point-of-sale restaurant technology startup Toast recently held a secondary share offering that reportedly valued the company at $8 billion as restaurants and ResTech rebound from COVID-19 lockdowns’ depths. Island Grill in Kansas City, Mo., Jax Bell, general manager at Hawaiian Bros.

Industry 201
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Why AI Risk Tech And Banks Could Be A Match Made In Heaven

PYMNTS

Our simple idea was that better technology and better data science could improve access to credit,” Girouard said. And, as is traditional with online lenders, Upstart can do that online, in a couple of minutes, after a consumer has filled out an application.