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US banks are failing, and the authorities seem unlikely to intervene

TheGuardian

Regional lenders such as PacWest and Western Alliance are not seen as systemically important and more consolidation is ahead Trading halted in shares of two more US lenders as fears of banking crisis mount Shares in two more US regional banks have been suspended.

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Real-Time Networks Getting Really Serious About Fraud In 2021

PYMNTS

percent said they are ‘very’ or ‘extremely’ interested in the system. Real-time payments are becoming more and more popular among consumers and businesses alike, but some FIs are finding it challenging to safeguard such systems. PYMNTS recently reported that “66.7 Indeed, 85.3 They’re also “very interested.”.

Fraud 274
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The Commercial Card Seeks Value For Both Buyer, Supplier

PYMNTS

In a statement , Los Angeles Regional Food Bank Chief Financial Officer Javier Aceves, an early adopter of the solution, highlighted the benefits for both business buyers and suppliers that stem from an ability to support multiple payment methods.

Cards 177
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How Small Restaurants Use Data Analytics To Play Big

PYMNTS

While large chains are developing their own in-house apps to capture revenue, regional chains and independent restaurants can partner with third-party platforms, as they often do not have the resources to support their own systems. This move follows the 2018 launch of the Starbucks Delivers program in the region.

Analytics 122
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And Then There Were 20 — The Amazon HQ2 Finalists

PYMNTS

Los Angeles, California. Amazon’s preferences for its HQ2 site specify a metropolitan location, a local population exceeding 1 million people, access to a solid mass transit system, a major airport nearby and a strong enough local economy to attract and retain talented workers. Austin, Texas. Boston, Massachusetts.

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Red Flags Raised Over Potential NY Fed Appointment

PYMNTS

“After being AWOL and failing to stop Wells Fargo’s decade-long illegal conduct, the president of the San Francisco Fed should not be promoted to be president of the most important regional office in the entire Federal Reserve System,” Better Markets President Dennis Kelleher said in a statement.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

“Verizon launched the world’s first commercial 5G Ultra Wideband network in October 2018 with the rollout of 5G Home broadband internet service in Houston, Los Angeles, Sacramento and Indianapolis,” the company said. 5G Potential. A glimpse of the 5G future recently came from the Mobile World Congress in Barcelona.

Mobile 168