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How To Do Better Against National Bank Lending Competition

South State Correspondent

Unfortunately, banking is challenging to study, and some banks inadvertently ignore their significant competitors. Many existing community bank customers and prospects are also national bank customers. There are now many online, nationally-focused lenders that are capable of an entire virtual relationship.

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Study Puts Values To Online Data, Privacy

PYMNTS

A study of how consumers in different nations value their personal data found that German users of Facebook would want the company to pay them roughly $8 a month for providing their contact data. The Technology Policy Institute (TPI) study is the first that aims to define the value of online privacy and information.

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Study: Google Grows Market Share In Europe Despite Anti-Competition Order

PYMNTS

Despite an order from the European Union ’s antitrust watchdog to curb its anticompetitive practices, Google continues to boost its market power, according to Reuters , which cited a study released Monday (Sept. In response, Google said the figures in the study ignore the facts. billion euros ($2.8 billion) for the offense. 3 election.

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Report: Overcoming ID Fraud’s Technology Blind Spots

PYMNTS

A recent study from PwC found that 47 percent of companies had experienced fraud at least once in the past two years, with a grand total of $42 billion in funds stolen over this period of time. Technologies like video onboarding and AI have shown promise in facing this threat, but each is vulnerable when deployed alone. billion ($8.9

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Study: GPS Fail Would Cost Economy $1B A Day

PYMNTS

In a study of Global Positioning System (GPS) technology, researchers found that loss of the service would have an impact of $1 billion per day per an approximate estimate. The National Institutes of Standards and Technology sponsored the study, which was performed by RTI International of North Carolina, Ars Technica reported.

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Central Bank In Russia Skeptical Of National Crypto Benefits

PYMNTS

The Chief of Russia’s Central Bank Elvira Nabiullina said she doesn’t see any pertinent or obvious reason to create a national digital currency, according to a report by Russian News Agency TASS. The regulator made the remarks at the Finopolis forum of innovative financial technologies.

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Cash Is Extremely Expensive For Small Biz, Study Says

PYMNTS

economy, and their success is critical to our national growth.” Sage researchers, for another report, its annual Payments Landscape study, also found that the importance of cash is on the wane. Respondents pointed to contactless payment technologies as the ones expected to be the most popular by the end of the decade.

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