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How AML Regulations Are Pulling Credit Unions Into Law Enforcement

PYMNTS

Recently, though, many CUs have turned to technology-driven solutions to help members more efficiently communicate their needs and feedback. Communication and engagement with members is an essential part of any credit unions’ (CUs’) retention strategy. However, their members are not the only ones with whom credit unions must regularly work.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Pay in 4 is not currently available for residents of Missouri, New Mexico, North Dakota, South Dakota, Wisconsin, or any US Territories. Notable merchant partners include Best Buy, Home Depot, and Target. So, if there’s usually no interest being charged for BNPL purchases, how do these companies make any money?

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Ballard Spahr Submits Comment Letter to OCC in Support of Proposed True Lender Rule

CFPB Monitor

Ballard Spahr LLP has submitted a comment letter to the OCC in support of its proposed rule , “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”). Three virtually identical Federal Interest Statutes govern interest that may be charged by Banks: Section 85 of the National Bank Act (“NBA”), 12 U.S.C. §

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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

Retailers are leveraging technology, such as artificial intelligence and augmented reality, to enhance operational visibility and personalize their customer service, a new necessity in fast-changing and demanding consumer market. Kohl’s and the smaller faster department store: Kohl’s is going small to grow big.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

The old guard of American dining are switching up their games to compete: McDonald’s is adding self-serve kiosks to many of its franchises, upping the ante with mobile order technology. In 2017, the National Restaurant Association reported annual sales of $799B — close to 48% of the total amount that Americans spent on food.