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With tensions high between Russia and the West, Synechron is looking to develop a real-time kill switch that can shut down a malware threat. The company’s PayTech Accelerator is also focusing on the opportunity for banks in buy now/pay later lending.
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The Credit Union National Association kicked off its first in-person governmental affairs conference in two years with members sharing concerns about data-privacy rules, cryptocurrency, prospects for industry growth and the potential economic fallout of war in Europe.
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Industry groups are adamant that regulators must make it easier for banks to merge in order to compete with nonbanks, while consumer advocates say bank mergers are too easy and hurt the consumer beyond raising the price of credit.
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The $13.4 billion agreement would create a top-six bank in the U.S. by assets and give Toronto-Dominion a large presence in Tennessee and a deeper foothold in the region.
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The Bethpage, New York, credit union plans to use the fintech’s risk models to improve loan decisioning.
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The fintech chose its new name to reflect its non-financial offerings such as contact centers.

















