France-based smart card provider Gemalto Monday announced it has delivered 1 million electronic student-identification cards to Polish universities. To date, 100 universities and high schools issue the card, and Gemalto expects another 300 universities to do so WHEN?, a statement says. Besides student identification and building access, students also can use the cards as an electronic ticket for public transportation and to pay for parking spaces, Gemalto says. Gemalto is adding additional features, including one that enables students to pay for meals at the cafeteria or for photocopies at the library. Some universities issue cards with a digital signature to enable students to sign documents electronically, the statement says.
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The customer-sourced investment will continue to support the digital banking provider's AI and digital loan origination initiatives.
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Banks are posting record profits, benefitting from being in the middle of a hot credit cycle. Everything is going their way. The only question is, how long can it last?
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A coalition of 20 state attorneys general, most of them Democrats, is opposing efforts by the high-cost lenders Enova International and Opportunity Finance to acquire banks. The state AGs warn that the companies are trying to dodge state interest-rate caps.
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FINRA's annual snapshot shows how the wealth industry is changing, from key business metrics and marketing trends to shifts in registration and a shrinking branch footprint.
July 16 -
The regional bank revealed plans Thursday to close most of its supermarket-based branches and replace about half of them with new, nearby standalone branches. The multiyear transition could attract $20 billion to $30 billion in low-cost deposits, executives said.
July 16 -
The bank regulators say they will limit the sending and storage of highly sensitive supervisory information, including by using alternatives such as on-site reviews and requiring notifying banks of data compromises within 72 hours.
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