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CRA compliance: A data-driven strategy

Abrigo

The latest CRA framework categorizes banks (CRA requirements are not extended to credit unions) into three tiers based on asset size, with differing compliance requirements: Small banks (assets under $600 million) Can opt-in to the new CRA tests or remain on a streamlined lending test that focuses on retail activities.

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FedEx Makes Major Foray Into eCommerce By Buying ShopRunner

PYMNTS

In pursuit of our purpose of creating the future of retail, we have built the foundation of a cross-brand ecosystem to create a simple shopping experience for consumers and to aggregate the scale of our network for our partners’ benefit,” Yagan said in the news release. ShopRunner CEO Sam Yagan offered a similar take on the deal. “In

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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. All of Instagram’s shopping features allow users to add items from multiple vendors into an Instagram-operated cart. million this year and 94.4 million in 2024.

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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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Google Cloud, Nokia Join Forces On Cloud-Native 5G Products

PYMNTS

The companies plan to develop solutions that combine Nokia’s 5G operations and networking capabilities with Google Cloud’s AI, ML and analytics technologies. By 2026, Ericsson expects over 3.5 14) press release. The solutions will run on Google’s Anthos platform. billion consumers to use 5G, about 40 percent of the market share.

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Driving Payments Innovation With Installments And Automation

PYMNTS

Small and mid-sized businesses (SMBs) can make their operations run smoother by tapping into automated processes, electronic invoices and accounts receivable (AR) tools for digital payments. And in retail, Apple is embracing installment payments as it plans to make its iPhone products and wearables more accessible to customers.

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Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The jousting over eCommerce taxes — especially for U.S. Facebook Fines.

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