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Impact of Covid-19 Felt in the Shared National Credit Reviews Released by Bank Regulators

Perficient

” SNC (pronounced like the candy bar but without the “ers”) stands for the Shared National Credit Program, which, since 1977, has assessed risk in the largest and most complex credits shared by multiple regulated financial institutions. Total Outstanding.

National 309
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Top News In Payments: Mastercard CEO Pushes Back Against National Payments System; FCA Tells Credit Cards To Ease Up On Non-Payers

PYMNTS

In today’s top payments news, Mastercard’s CEO speaks out against a national payments system, the FCA tells credit card companies to be reasonable with customers in debt and the People’s Bank of China is prepared to inject $173 billion into the country to stabilize the economic damage wreaked by the coronavirus.

National 141
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Cybersecurity Awareness Month: How financial institutions can stay safe and secure online

Abrigo

First held in 2004 The history of Cybersecurity Awareness Month October is a special month for cybersecurity enthusiasts. Launched to provide resources Cybersecurity Awareness Month was launched in 2004 by the National Cybersecurity Alliance (NCA) and the U.S.

Online 221
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Basware Debuts AI Tool For Accounts Payable Automation

PYMNTS

The firm trades on the Helsinki exchange and has offices in 14 nations. Sievo, which was started in 2004 in Finland, lets firms look at their spending, supervise their contracts and make forecasts for their expenses, among other features. excelerateds2p has conventionally had a stronger focus on those who harness SAP Ariba and SAP.

Tools 212
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Open Banking Platfom Tink Acquires Eurobits

PYMNTS

Other listed companies that will now be connected with Tink include the National Bank of Greece, France’s La Banque Postale and Telefonica. Eurobits, founded in 2004 with headquarters in Madrid, works in connectivity and has operated with many banks and institutions in the past.

America 241
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Contour Enters Live Production To Digitize B2B Trade Finance

PYMNTS

The transition into production comes on the heels of a long timeframe of planning, build-out and piloting by more than 80 financial institutions and companies, with pilots in 17 nations. Transactions ran the gamut from energy to commodities and petrochemicals, among other areas, according to the announcement.

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Big Data Firm Palantir Prepares For Potential IPO

PYMNTS

Founded in 2004 by CEO Alex Karp and venture capital tycoon Peter Thiel, Palantir specializes in Big Data, working with major corporations and government agencies to crunch large volumes of information. Securities and Exchange Commission (SEC) informing the agency of its plans.

Big Data 131