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Morgan Stanley Will Shutter Banking Operations In Russia In Q1 Of 2020

PYMNTS

Morgan Stanley will send the Russian central bank a notice that it’s going to formally close of all of its banking operations in the country in the first quarter of 2020, according to a report by Reuters. and EU made it too hard for Russian businesses to access international capital markets.

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Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up

PYMNTS

percent compound annual growth rate (CAGR) globally from 2020 to 2027. . Cybercriminals are eager to capitalize on the virtual gaming industry’s increasing popularity, using tactics that include creating phony versions of popular online games that compromise users’ smartphones or computers once downloaded. billion in the U.S.

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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. The projected CAGR of the global interactive kiosk market from 2019 to 2027 is 6.1

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Office Lending – Here is Why It is Not as Bad as The Market Thinks

South State Correspondent

Between now and the end of 2027, it is estimated that $2.2T As can be seen below, the net result, based on CoStar data, is that we expect office rents to continue to fall and capitalization rates to continue to rise until late 2025, should the economy remain stable. of office loans is coming due.

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How Basel III Affected SMB Lending

PYMNTS

Basel III regulations, which were agreed upon in 2010 and set to be fully in effect by 2027, imposed stricter capital requirements on financial institutions that some critics argued stifled FIs’ ability to provide loans to small and medium-sized businesses (SMBs). Some regulators aimed to mitigate that impact.

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Modern Card Issuer Marqeta Is Going Public. Here’s What It Means For Payments Tech & Issuer Innovation

CB Insights

The company is backed by VCs including Spark Capital, Lone Pine Capital, and Granite Ventures, as well as corporates like Goldman Sachs, Mastercard, and Visa. . Marqeta operates on a usage-based business model, meaning that the more customers use its card-issuing technology, the more money it earns. in transaction volume. .

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