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The era of banks being customers' sole source of financial services is long gone, and regional banks need to accelerate their adjustment to that fact.
July 24
CI&T -
Kevin Wilzbach is the director of technology product management at Wolters Kluwer
July 24
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The card brand participated in a $72 million funding round in Thunes, expanding both an existing collaboration and a larger initiative to support mobile money networks.
July 24
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Stock prices of banks on this annual list of top performers with at least $50 billion of assets have fallen with the rest of the industry's shares. Executives say their strong fundamentals will win over doubters.
July 23
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The regional bank told analysts that it has studied how much debt it would need to raise based on an effective post-reform capital floor of 6% of risk-weighted assets, and has determined that that increase in capital would be manageable.
July 21
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Spring Development Bank aims to use blockchain technology to support funding for the expelled leaders and provide financial services to the civil war-torn population.
July 21
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The Dallas-based company, which saw $3.7 billion of deposits withdrawn after Silicon Valley Bank failed, now predicts average deposits will fall 14% to 15% compared with last year. However, the pace of outflow is slowing, say the bank's executives.
July 21
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Michael Sprachman is director of exchange traded solutions for Devexperts, a leading developer of financial solutions for brokers and financial institutions servicing equities, options, mutual funds, fixed income and futures.
Prior to joining Devexperts, he was a product manager for Fidessa's sell-side U.S. trading platform and began his career as an equity trader.
July 21
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Amazon expands "palm payment" at Whole Foods, Toast reverses 99-cent restaurant-order fee, Plaid expands open-banking reach and more in the weekly banking news roundup.
July 21
