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AI Regulations for Financial Services: Federal Reserve

Perficient

Federal Reserve The largest of the federal banking agencies, the Federal Reserve has four regional federal reserve banks (Atlanta, Boston, New York and San Francisco) set up offices to study financial innovation with AI. Impact assessment.

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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

According to an August study of digital banking by PYMNTS, banks are closing physical branches, reducing hours of operation and encouraging customers to use their websites or mobile apps to conduct transactions and reduce face-to-face interactions between customers and staff. On Monday (Oct. 5) NCR Corp.

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For Visa, She’s Next Is What’s Next

PYMNTS

30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. Notably, at the Atlanta event, participants from Visa, Square and Yelp will participate in the workshops. An inaugural Jan. For example, Simon said, the Jan. India and Mexico.

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Community banks most likely to approve small business loans

Abrigo

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

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Citizens Hires SunTrust Exec to Lead Southeast Region

American Banker

hired a longtime executive at SunTrust Banks in Atlanta to lead its Southeast operations. Citizens Financial Group in Providence, R.I.,

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SunTrust to Add Operation Hope Counseling Centers

American Banker

SunTrust Banks in Atlanta has agreed to open almost 200 new locations of Operation Hope's financial-counseling centers inside its branches by 2020.

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Today In B2B: FLEETCOR's $1B M&A Plans; Statrys Lands Funding For SMB FinTech

PYMNTS

In particular, FLEETCOR is looking for companies to strengthen its position in the fuel, tolls, lodging, and payables spaces, and for companies operating in new regions. Greene said the merger slowdown is due largely to potential sellers being unable to convince buyers to pay “top dollar” during the ongoing pandemic recession.

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