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How can the requirements of T+1 help your organization implement a more efficient trade settlement life cycle and make the necessary upgrades for success?
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The report from the Financial Stability Oversight Council on cryptocurrency also urges action to prevent regulatory arbitrage and for regulators to study direct access to markets by retail customers.
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The National Credit Union Administration shuttered Paducah Teachers Federal Credit Union in Kentucky after it was declared insolvent with no chance for recovery.
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A criminal group called Prilex has stolen millions in a scheme involving fake repair people installing malware on point of sale terminals.
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Customers Bank, Cogent Bank and Western Alliance bank settled 400 transactions among themselves in real time, over the course of eight hours.
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TD Bank, the U.S. unit of the Canadian bank, has hired Christopher Fred as its new head of U.S. credit cards and unsecured lending. The bank's retail partners include Target and Nordstrom.
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The new offering is the latest step in the Minneapolis bank's push to provide digital tools that will help build deeper relationships with commercial clients.
