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US Liquor Sales Rise, But Not Enough To Offset COVID-Related Global Revenue Decline

PYMNTS

billion) write-down as a result of a bigger-than-expected decline in sales, as demand for its range of alcoholic beverages has plummeted in nearly all markets. The write-down relates to Diageo’s businesses in India, Nigeria, Ethiopia and South Korea, as well as complications created by the worldwide COVID-19 pandemic, Reuters reported.

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Uber Freight Rolls Out Platform For Shippers To Access Its Network

PYMNTS

21) that it is rolling out a platform to enable shippers to tap into the company’s network and manage shipments from a personal computer. In August, the company announced it was expanding Uber Freight into new markets across the country, as well as introducing personalized load matching.

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Spotlight on lending: Commercial loan growth geographically

Abrigo

” The data pointed to states south of the Mason-Dixon Line as host to an increase in C&I loans in the third quarter. The list identified a significant uptick in commercial and industrial lending in the South, as 7 of the 15 community banks included are located in the region. From that subset of all U.S.

Lending 186
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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

” As a regulatory body, the OCC said it will focus on the following to address the increasing risk: • Execution of bank strategic plans and management of strategic risk. • Liquidity risk management and adequacy of contingency funding plans. • Vendor and third-party management processes. The OCC on Oct.

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To Stop Scams, It’s Time to Add Sensible Friction to Easy Money

FICO

Wed, 03/08/2023 - 22:14 jessica shortt by TJ Horan Vice President, Product Management expand_less Back to top Thu, 06/15/2023 - 15:05 As someone who has made a career in the payments industry, I feel a little weird making this bold statement: it has become too easy to send money to other people. Is Sending Money Too Simple? TJ holds a B.S.

Fraud 52
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Fraud Ideas from FICO World 2022 – and Excitement for 2023!

FICO

One customer told how they had been able to deploy user defined variables in FICO Falcon Fraud Manager to track and understand payment velocities. The Role of Data in Managing Fraud and Financial Crime Today was a session I had the pleasure to chair. in statistics, both from the University of South Carolina.

Fraud 52
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Top 5 Total Return to Shareholders: #4 Bank of the Ozarks

Jeff For Banks

But he held firm that the regulatory environment, changing customer preferences, and the pace and expense of technology were driving the market towards bigger is better. Neither supported this regional president''s opinion. Collectively, the management team built an Arkansas franchise rivaling the largest banks in the state.