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Valley Bank to be 100% cloud native by 2026

BankInovation

Valley Bank is looking to move all its operations to the cloud by 2026 to achieve efficiency and scalability. based bank has between 75% and 80% of its operations on the cloud already, Chief Operations Officer Russ Barrett told Bank Automation News. The $61 billion, Morristown, N.J.-based

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UBS to complete Credit Suisse integration by 2026

BankInovation

UBS continues to integrate Credit Suisse into its operations, dealing with high general and administrative costs related to the acquisition.

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Deep Dive: How Restaurant Operators Are Driving mPOS Evolution

PYMNTS

Recent research indicates that restaurant operators are no longer interested in taking a back seat when it comes to industry evolution, and instead want to be active participants as new POS and payment options are unveiled. Impacts on Day-to-Day Operations. Operators can’t neglect in-store service, however.

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CA to require GHG and climate-risk reporting for companies nationwide

CFPB Monitor

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CA 88
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OCC Highlights, AML & CRA Risks

Perficient

Navigating AML and OFAC Compliance Risks Regarding anti-money laundering (AML) and Office of Foreign Assets Control (OFAC) compliance risks, bank executives must navigate operational and compliance challenges tied to fintech relationships. Manage third-party risks, especially for relationships involving higher-risk or critical activities.

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FedEx Makes Major Foray Into eCommerce By Buying ShopRunner

PYMNTS

Once the FedEx acquisition closes, ShopRunner will operate as a subsidiary of FedEx Services, which provides a range of back-office functions, including IT, communications, technical support, billing and sales and marketing. Customers receive free two-day shipping, free returns, member-exclusive discounts and seamless checkout.

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Data Governance in Banking and Financial Services – Importance, Tools and the Future.

Perficient

Companies like American Express have adopted Alation’s tools to streamline their data governance operations. A recent study from IDC suggests that by 2026, 70% of financial institutions will have formalized data governance frameworks in place.

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