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The path away from cash and plastic was well underway before the pandemic, and will deeping during the crisis and beyond, says Paysafe's Daniel Kornitzer.
May 4
Paysafe -
On Dec. 31, 2019. Dollars in thousands.
May 4 -
Some megabanks are pushing New York lawmakers to add a legal safe harbor if lenders use the new Secured Overnight Financing Rate. Smaller banks would have little choice but to take that option.
May 4
Signature Bank of New York -
The $468 million-asset institution said expansion isn't required now but the move is a proactive attempt to ensure its long-term viability.
May 4
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Credit unions moved quickly to reduce branch access as the coronavirus crisis worsened. The harder decision will be when and how to begin lifting those restrictions.
May 4
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What works for regular commuters may not work for occasional riders, says OSPT's Jean-Philippe Wolyniec.
May 4
OSPT Alliance -
The shortage of personal protective equipment (PPE) for medical workers is one of the most troublesome elements of the coronavirus outbreak, though prior work to declutter cross-border supply chain payments provides some hope.
May 4
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Many banks are slashing their spending. Others are changing their messaging strategies. And those banks that partner with pro sports teams are stuck in limbo, since it remains unclear when games will resume.
May 3
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The deal was expected to close this summer, but First BanCorp said a regulatory review is hitting snags.
May 1
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The joint statement on the risks of cloud computing summarizes years of guidance and rules as industry reliance on third-party platforms has become more ubiquitous.
May 1
