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Citi Reports Jump In Online Banking Usage By Commercial Clients

PYMNTS

Citi ‘s Treasury and Trade Solutions (TTS) customers have increased their utilization of the firm’s digital banking technology, while firms globally implemented continuity plans and telecommuting to stay in operation amid the pandemic. Digital onboarding is more complicated for corporates than consumers.

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How Axis Bank Prevents Identity Fraud With Video-Based Onboarding

PYMNTS

The ongoing COVID-19 pandemic and its associated social distancing and stay-at-home orders have pushed untold services online for easier consumer access, with banking serving as a prime example. We’ll see more and more [of this] action as digital [banking] progresses.”. Fraud Threats To Digital Banking.

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The Biggest Banking, Regulatory Challenges For Today’s Entrepreneur

PYMNTS

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and finance experts are celebrating with new data on the state of the entrepreneurial community.

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Credit Karma Now Offers A High-Yield Savings Account

PYMNTS

Credit Karma , a company that enables people to gain access to their credit scores, is launching a high-yield savings account that customers can use through an app and online. percent APY, which is about 22 times higher than the average of national accounts. Vio, an online bank, has an account that pays 2.42

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Personal Finance In The Post COVID-19 World

BankBazaar

Nations across the world have since time immemorial competed with each other in matters of military spend and war preparedness. The COVID-19 crisis has also led to a sharp increase in the adoption of digital banking due to restrictions on the availability of physical channels. Digital Banking.

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5 Ways Ant Financial & Tencent’s Fintech Growth Playbooks Are Evolving

CB Insights

In Q2’19, Tencent’s fintech and business services category grew 37% YoY in contrast to 16% growth in online advertising revenue, down from 25% in Q1’19. Tencent is an investor in Xiaobang , which targets middle-income families with online courses on insurance planning and financial education.

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5 ways to boost your savings balance

Qudos Bank

Automate your finances Digital banking may offer you the convenient option of automating your expenses and financial transactions for more efficient money management. Savers also earn a complimentary Qantas Frequent Flyer membership*. This offer is non transferable and not available in conjunction with any other offer.

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