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FintechNews RoundupUSA
·May. 28, 2020

Digitally Focused Banks Hold Big Advantage as All Banks Make Digital Pivot

Last year Accenture ACN issued a digital banking report showing the gap between banks who are digitally focused and those...
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FintechNews RoundupUSA
·May. 28, 2020

Mobile Banking Trends Likely to Continue After Crisis Ends

According to Fidelity National Information Services (FIS) there was a 200 percent jump in new mobile banking registrations in early...
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FintechNews RoundupUSA
·May. 28, 2020

Santander InnoVentures Invests in a55

Santander InnoVentures has led a $5 million round in the SME lender a55; a55 currently lends in both Brazil and...
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FintechNews Roundup
·May. 28, 2020

More News for May 28th, 2020

SoFi CEO says investor accounts have doubled in 2020, with 40% of stock trading in fractional shares Case study: How...
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FintechNews Roundup
·May. 27, 2020

Tencent & Alibaba Find Value in Buy Now Pay Later

Chinese giants Tencent and Ant Financial have found value in the buy now pay later industry with the companies buying...
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FintechNews RoundupUSA
·May. 27, 2020

Ransomware Attacks on Bank Vendors Rise

There has been a number of ransomware attacks recently on bank vendors including Finastra, Diebold Nixdorf, Cognizant and Pitney Bowes;...
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FintechNews RoundupUSA
·May. 27, 2020

Credit-Card Fraud Attempts on the Rise

FIS reports that credit and debit card fraud attempts have increased since the coronavirus hit the US; the dollar volume...
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FintechNews RoundupUSA
·May. 27, 2020

Unintended Consequences of the Bounce Back Loan Scheme

The Bounce Back Loan Scheme has helped to extend billions in capital to businesses who sorely needed it, though there...
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EuropeFintechNews Roundup
·May. 27, 2020

New Report Says 25 Percent of European Bank Branches Set to Close in 3 Years

A new report by consultancy group Kearney says a quarter of bank branches in Europe are set to close in...
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FintechNews RoundupUSA
·May. 27, 2020

Data Confirms Less Delinquencies and Foreclosures Than Anticipated

Forbearance requests from homeowners have leveled off in recent weeks showing that there are likely to be less delinquencies and...
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