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PYMNTS News

Plaid and Cross River Team on Real-Time Payments With FedNow
Plaid and Cross River Team on Real-Time Payments With FedNow
September 18, 2023  |  Real-Time Payments

Cross River Bank and Plaid say they’ve joined FedNow® Service to widen customers’ instant payment access. The collaboration, announced Monday (Sept. 18), also makes Cross River among the...

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Why the Digital Transformation Needs a Reset
Why the Digital Transformation Needs a Reset
September 18, 2023  |  Connected Economy

Warren Buffet is reported to have said that digital transformation is a fundamental reality of business today.  McKinsey says that 70% of digital transformation projects...

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HSBC and Nova Team to Help UK Immigrants Boost Their Credit
HSBC and Nova Team to Help UK Immigrants Boost Their Credit
September 18, 2023  |  Financial Inclusion

British banking giant HSBC and Nova Credit want to let U.K. immigrants improve their credit. The partnership, announced Monday (Sept. 18) in a news release...

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How to PayFac: What Software Platforms Need to Know
How to PayFac: What Software Platforms Need to Know
September 18, 2023  |  Digital Payments

The merchant acquiring model has undergone many changes since the introduction of the first general-purpose credit card in 1958. Back then, acquiring banks were responsible...

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Corporates Chase Payments Ubiquity in Bid for Cross-Border Expansion
Corporates Chase Payments Ubiquity in Bid for Cross-Border Expansion
September 18, 2023  |  Payment Methods

Citi TTS North America Head of Payments and Receivables Anupam Sinha told PYMNTS’ Karen Webster that 2023 has been a year where companies have focused on...

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Prescription or Principle: A Framework for Designing AI Regulation
Prescription or Principle: A Framework for Designing AI Regulation
September 18, 2023  |  Regulation

By Travis LeBlanc, Jonas Koponen, Anna Caro and Mari Dugas The meteoric rise of AI in the public’s consciousness and the launch of several innovative...

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CFOs Connect Real-Time Data With Decision Makers for Smarter Spending
CFOs Connect Real-Time Data With Decision Makers for Smarter Spending
September 18, 2023  |  CFO

The past few years have been a period of fundamental change and digital transformation.  And as the business landscape continues to shift, executive leadership teams...

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CE 100 Index Adds 0.8% as Bank Sector Surges Amid Citi, Goldman Reshuffling  
CE 100 Index Adds 0.8% as Bank Sector Surges Amid Citi, Goldman Reshuffling  
September 18, 2023  |  Connected Economy

The Banking group, overall, was up 3.9%. And within that sector, several marquee names announced management changes or initiatives designed to revamp operations. Citi added...

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Partners Group CEO: Private Equity Entering New Era of ‘Consolidation’
Partners Group CEO: Private Equity Entering New Era of ‘Consolidation’
September 17, 2023  |  Investments

The private market industry has maybe 11,000 players, Partners Group CEO David Layton says. Over the next decade, that number could fall to under 100. In an interview with the...

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