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Treasury Says PPP Loan Forgiveness Coming Soon

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29) it would soon begin forgiving loans granted under the PPP after borrowers and lenders complained that the Small Business Administration (SBA), the program’s manager, and Treasury employees have failed to respond to forgiveness requests, according to The Wall Street Journal (WSJ). Department of Treasury said Tuesday (Sept.

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Fifth Third Bank: Business Cash Flow Pains Are Driving Instant Payments Uptake

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Regional banks are following suit: First Horizon National Corporation , a regional FI based in Tennessee, has announced its partnership with a third-party technology provider to grant its treasury clients access to instant disbursement solutions. Digital disbursements therefore appear to be taking a greater role in treasury management.

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First Horizon Works With NCR For Digital Banking Platform

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Tennessee-based First Horizon Bank has moved its digital platform to the NCR D3 program, which a press release says will offer more seamless solutions. Early performance metrics indicate that we are on par with or ahead of the top national banks in terms of engagement and speed," Kelly said, according to the release.

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Cardtronics Expands Surcharge-Free ATM Footprint

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Allpoint Network , a surcharge-free ATM network with 43,000 ATMs in the United States, announced the latest bank to join its ATM channel — First Tennessee Bank. The move will also add more than 570 surcharge-free ATMs to the bank’s existing network in Tennessee.

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Today In Digital-First Banking: Goldman's Marcus Debuts Personal Finance Tools; Franklin Templeton’s Singapore Subsidiary Collaborates With Razer Fintech

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Plus, First Horizon National Corp. Goldman’s Marcus Adds Personal Finance Management Tools. The Singapore subsidiary of Franklin Templeton and Razer Fintech announced a memorandum of understanding to collaborate on developing a digital wealth management platform. First Horizon to Roll Out Instant B2B Payments With Interchecks.

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Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints

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The financial institution said per the report that it would shutter approximately 100 locations throughout the nation, which would shrink its domestic offices to roughly 400. The company has opened a minimum of 13 “solutions centers” in places such as Nashville, Tennessee and Dallas that provide an alternative to the usual bank office.

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US Inches Toward Open Banking With CFPB Notice

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The technology conglomerate announced this week a new cloud service to help smaller banks integrate anti-money (AML) laundering protections via its Financial Crime and Compliance Management Cloud Service. First Horizon Bank Adopts NCR Technology.

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