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Fostering FinTech-FI Trust With Data-Driven Security

PYMNTS

Partnering with FinTechs that have lax security creates very real issues: Criminals could abuse open banking-powered payment apps to launder money, for example, or take over accounts and steal victims’ funds. The federal entity is charged with monitoring the U.S. Even if your products are not covered per FinCEN in the U.S.,

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Change Management: The Modern CFO’s Blueprint 

CFO Talks

Identifying Strategic Priorities The process begins with a thorough analysis of the current financial landscape and an evaluation of emerging technologies, like AI, that can significantly enhance operational efficiencies. Leading by Example Consider a CFO who champions the adoption of a new cloud-based financial system.

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FinTechs, AI And The Rise Of SMB Credit In Brazil

PYMNTS

That’s one of the main messages of a new PYMNTS interview with Regio Martins, CEO and founder of nobli , which aims to enable businesses to offer more forms of collateral when seeking loans — the company’s personal loans are secured by financial collateral. We expand that to include almost every type of financial asset.”.

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OCC Defines Top Threats To Banks This Season

PYMNTS

“The greatest volume of easing has occurred in large and mid-sized banks,” the report found, “and the easing has occurred most often in pricing, guarantor requirements and loan convenants, as well as in retail loan sizes, collateral requirements and debt-to-income requirements.”. Cyber Threats.

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Blockchain Tracker: Banks’ Experimentation With Blockchain Tech

PYMNTS

In the midst of today’s retail revolution, blockchain technology is being pushed up to the surface. As we reported just a few months back, this technology is set to disrupt the financial industry because it enables secure cross-border money transfers.

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Settling Consumer Disputes With Digital Solutions

PYMNTS

You also have the option to go out into the legal system and figure out how to get some leverage, and actually compel them to treat you like a human being.”. Its new business model doesn’t charge upfront, but gets a 20 percent commission if it is successful in securing a settlement. Most cases take four to eight weeks.

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The Fastest Path To Faster Payments In The US

PYMNTS

The cost associated with check processing and the lose-lose business model for check clearing imposed on banks by the Fed is one of reasons that checks are such a drag on the financial system. Consumers are given incentives to pay with direct debit and most retailers won’t accept checks at the point of sale. In the U.K.,