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FintechNews RoundupUSA
·Jan. 10, 2020

ECB Sets Up Special Committee on Digital Currencies

Former IMF managing director and newly-appointed president of the European Central Bank (ECB), Christine Lagarde says they have set up...
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FintechNews RoundupUSA
·Jan. 10, 2020

Travelex Outage Causes Some Banks to Halt Foreign Currency Transactions

The New Year’s Eve ransomware attack on Travelex has disrupted foreign currency cash transactions for many large banks including Barclays,...
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FintechNews RoundupUSA
·Jan. 10, 2020

PayU Acquiring Indian Fintech Lender PaySense for $185 Million

PayU is a largest payments processor in India and it is continuing its moves into lending in that country with...
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FintechNews RoundupUSA
·Jan. 10, 2020

Some Troubling Banking Trends that Could Occur in 2020

Writing in Forbes Alan McIntyre of Accenture talks about some troubling signs that are headed towards banking in 2020; banks...
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FintechNews RoundupUSA
·Jan. 10, 2020

The Fed and OCC-FDIC at an Impasse Over CRA Reform

The OCC and FDIC issued a joint proposal for the overhaul of the Community Reinvestment Act last month while the...
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FintechNews RoundupUSA
·Jan. 13, 2020

Lend Academy Podcast: Susan French of BBVA Open Platform

The Head of Product for BBVA Open Platform discusses banking as a service and the fintech trends that are most...
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FintechNews RoundupUSA
·Jan. 13, 2020

Neutral Rate Concerns, Goldman Increases Transparency and Auto & Credit Card Delinquencies Trend Higher

In this week’s PeerIQ Industry Update they cover the concerns former Fed Chair Ben Bernanke raised about the neutral rate...
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FintechNews RoundupUSA
·Jan. 13, 2020

Wells Fargo Finds Itself Behind in the Tech Race as New CEO Tries to Turn Bank Around

Wells Fargo was one of the first banks to use online banking back in the 1990s but now finds itself...
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FintechNews RoundupUSA
·Jan. 13, 2020

How Credit Karma Relies on Influencers to Acquire Gen Z Users

Credit Karma is seen as one of the hottest fintech startups in the world and a potential 2020 IPO candidate;...
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FintechNews RoundupUSA
·Jan. 14, 2020

Mobile Banking Features Help Big Banks Dominate Amongst Millennials

A 2019 survey by Cornerstone Advisors found that 44 percent of millennials banked with Bank of America, JPMorgan Chase and...
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