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As the discredited Libor interest rate benchmark enters its last months, some banks are turning away from the repo-based alternative that regulators prefer. What could go wrong?
August 12 -
The complexity of the migration is an opportunity to examine other elements of the payment experience, says TNS' Brian DuCharme.
August 12
TNS -
Eight of the top 15 firms increased headcount this year through June, while only four reduced it.
August 12 -
The Paycheck Protection Program has masked what has been a year of tepid demand and tightened lending standards. And bankers aren't expecting a rebound anytime soon.
August 12 -
Built to respond to borrowers' questions about mortgage deferrals, the bot created by Salesforce is evolving and in the future could conduct transactions, handle a wide range of queries or help with emergencies.
August 12 -
A public-private partnership that has fewer rules and restrictions than the Paycheck Protection Program would save more small businesses.
August 12
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The head of the Federal Reserve Bank of Boston said the central bank had acquired stakes in 32 business loans as of Monday, four times the amount from two weeks earlier.
August 12 -
Stripe is expanding its digital payment technology into new industries, and is also welcoming a series of notable executives with backgrounds that are mostly outside merchant technology. But they also have experience with much larger companies, a necessary skill as Stripe tries to grow out of its status as fintech upstart.
August 12 -
Banks and other financial firms say the proposal to reverse restrictions on investment advisers does not go far enough. Meanwhile, investor advocates say it would loosen necessary protections.
August 12 -
ACH network steward Nacha says Visa has been added to its list of partners for a payment information exchange it is creating to help credentialed service providers share and manage electronic payments information for faster and more secure processing.
August 12




![“Much of the increase [in loans] has occurred recently, and I expect we will continue to see more activity as more firms are impacted by the pandemic,” said Boston Fed President Rosengren.](https://arizent.brightspotcdn.com/dims4/default/f6fc5c5/2147483647/strip/true/crop/4000x2250+0+208/resize/1280x720!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F31%2F24%2F6942fc3a4ec4920c1f2aac8c5926%2Frosengren-eric-bl-081220.jpg)


