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US Lenders Expect Few Loan Defaults

US Lenders Expect Few Loan Defaults
US Lenders Expect Few Loan Defaults
June 08, 2020  |  Loans

U.S. lenders say they expect most borrowers who were given a temporary reprieve on loans due to income loss from the impact of COVID-19 will...

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Saxo Bank Partners With Other Banks For Better Customer Service
Saxo Bank Partners With Other Banks For Better Customer Service
June 08, 2020  |  Banking

Saxo Bank has partnered with five other banks in what it says is a way to help more customers access Saxo’s trading and investment solutions,...

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Bitcoin Daily: SEC Freezes Crypto Firm’s Assets, Alleging It Stole $12M From Investors; Hong Kong: 39 Pct Of New FinTechs There Are Blockchain Firms; Coinbase Eyes Selling Blockchain Analytics To IRS, DEA
Bitcoin Daily: SEC Freezes Crypto Firm’s Assets, Alleging It Stole $12M From Investors; Hong Kong:...
June 08, 2020  |  Bitcoin

The Securities & Exchange Commission (SEC) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports....

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UN Blockchain Expert Says Digital Cash Could Replace Bank Accounts
UN Blockchain Expert Says Digital Cash Could Replace Bank Accounts
June 08, 2020  |  Cryptocurrency

United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. Get the Full Story...

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Innovation Or Annihilation: The Choice Restaurants Face As Recovery Revs Up
Innovation Or Annihilation: The Choice Restaurants Face As Recovery Revs Up
June 08, 2020  |  ResTech

After nearly three months of closures in most places, the U.S. restaurant industry is preparing for its grand reopening with extensive safety guidelines in place....

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Mastercard’s New President Of Europe On EU’s Digital Payments Transformation
Mastercard’s New President Of Europe On EU’s Digital Payments Transformation
June 08, 2020  |  Digital Payments

The pandemic has introduced new variables into innovations, payments and commerce — setting up headwinds in some cases as businesses shutter, and tailwinds as consumers...

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Fixing The UAE’s $46B Remittance Problem
Fixing The UAE’s $46B Remittance Problem
June 08, 2020  |  Smarter Payments

Cross-border payments are expected to hit $39 trillion by 2022, with $572 million worth of payments consisting of remittances sent from migrant workers to their...

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What Banks Can Learn From Amazon About Digital Onboarding
What Banks Can Learn From Amazon About Digital Onboarding
June 08, 2020  |  Digital Onboarding

The new coronavirus led many financial institutions (FIs) to close or limit the hours of operation of their brick-and-mortar branches amid stay-at-home orders, in effect...

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