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Freight Logistics Startup Buys Uber’s European Freight Operation

PYMNTS

The agreement includes a shipper referral program in which it will refer shippers seeking freight brokerage in North America to Uber Freight, and vice versa, sennder said. The deal is expected to strengthen sennder’s position as the largest digital freight forwarder in Europe and enhances its service across its key markets.

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Federal banking regulators issue statement on loan reference rates and advise prompt transition from LIBOR

CFPB Monitor

The Fed, FDIC, and OCC have issued a “ Statement on Reference Rates for Loans ” that addresses replacement rates for the London Inter-Bank Offered Rate (LIBOR). ” The statement highlighted the financial, legal, consumer protection, and operational risks that will result from LIBOR’s expected discontinuation.

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Byte 11 – Do you have Architecture for the product development?

Perficient

The art of building architecture does not just refer to how the system connects. Good architecture comes when the organization has a clear vision and aligns with the current industry/market trends. . Architecture should have the artifacts to answer all audiences (not just the development/operations team) .

Strategy 309
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Can fintechs enhance your bank’s marketing campaign?

Independent Banker

Kathy Strasser of IncredibleBank is evaluating marketing campaign management platforms. We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Their ability to market and add banking functionality … is a natural fit.”.

Fintech 136
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Deep Dive: How Marketplaces Use Market-Based Approaches To Recruit Sellers

PYMNTS

Robust international operations require winning over many sellers and operating smoothly around the world, activities that can be challenging for platforms. dollars, but the practice can be inconvenient for sellers in many international markets. Domestic Seller Currencies. Some marketplaces try to pay all vendors in U.S.

Marketing 159
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CFPB addresses application of CFPA to digital marketing providers in new interpretive rule

CFPB Monitor

The CFPB has issued an interpretive rule that addresses when digital marketing providers are “service providers” subject to the Consumer Financial Protection Act, including the CFPA’s prohibition on unfair, deceptive, or abusive acts or practices. . lead generation, marketing analysis or strategy).

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8 Lessons From The Jamie Dimon Shareholder Letter

South State Correspondent

This may lead to stickier inflation and higher interest rates versus market expectations. World-wide remilitarization, reduced globalization, the transition to green economy may also act to keep inflation higher than the market expects. The bank holds the #1 market share for multifamily lending.

Community 195