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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. The company did say it was going to continue to operate a consulting business in the country, which wouldn’t require a license.

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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

This puts pressure on merchants to find ways to make their operations PCI compliant, and fast. Many firms are turning to payments orchestration providers, equipped with tokenization and data vaults, to help manage their compliance operations. billion by 2027, propelled by a compound average growth rate (CAGR) of 25.7

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Twilio Flex Insights 101: Dashboard vs. Analyze

Perficient

Billion by 2027. representing a growth of more than 15% over 2020-2027 despite Covid-19. As a built-in product of your Flex instance, Insights gives you complete operational oversight with access to omnichannel data and custom reporting at the macro and micro level. Getting Started with Flex Insights.

Analytics 294
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Scotiabank: Why Banks Need To Rethink Personalization

PYMNTS

billion by 2027, generating a compound annual growth rate (CAGR) of 13.6 In-branch operations have been severely impacted by the pandemic, with many banks instituting an appointment-only mandate for meetings be tween bank staff and customers to reduce the risk of infection. Experts predict that the market will reach $10.87

ATM 225
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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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Walmart India Head Upbeat About eCommerce Prospects

PYMNTS

Around 40 percent of total consumption by 2027 from the current 27 percent will be from the middle class,” Iyer said. The new regulation is requiring them to overhaul their ownership structures in India and rearrange partnerships with merchants, raising the costs of operating in the country.

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Mercari Acquires Rival Marketplace App Origami

PYMNTS

The country is “one of the most heavily cash-dependent economies in the world” and the government now intends to move consumers away from a traditional reliance on cash and double the cashless payments transactional rates to 40 percent by the year 2027.

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