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Fifth Third Bank has applied for a national bank charter

Bank Innovation

Cincinnati-based Fifth Third Bank has applied for a national bank charter as it expands its suite of products and services. On Thursday, the bank said it had filed an application with the Office of the Comptroller of the Currency to convert from an Ohio state-chartered bank to a national bank.

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Fifth Third Bank Strives to Make Cincinnati into the Next Fintech Hub

Bank Innovation

PREMIUM – Cincinnati, Ohio might seem like an unlikely place for fintech innovation to spur, but it has the ingredients to be just the right breeding ground. At least that's according to Fifth Third, one of the nation's 25 largest financial institutions, that is headquartered in the city of Cincinnati.

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Blockchain’s Inroads Through National Frameworks And Trade Finance

PYMNTS

Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. which aims to improve productivity in its trade operations by testing modules, such as Receivable Finance and Payment Commitment (Payment Undertaking),” said the release.

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PPP Loan Forgiveness May Be Hard To Win For Self-Employed Workers

PYMNTS

Another factor that makes the 75/25 guideline impossible to meet for self-employed people who conduct their business in cities with high rents, said Katie Vlietstra, vice president for government relations at the National Association for the Self-Employed. As a result, most of their receipts will constitute net income.”.

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Bitcoin Daily: Argentina's Crypto Exchanges See Record Growth In 2020; JD.com Sees 20,000 Digital Yuan Transactions In 24 Hours

PYMNTS

This is bigger than the 2017 spike on operations and on demand.". Suzhou, located in East China's Jiangsu Province, is at the frontlines for China's push to enact a national digital currency. on Friday (Dec. 11), according to a report from the Global Times. has surpassed 5,000 locations.

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Grocery Tracker: Instacart’s National Push

PYMNTS

As of today, Instacart operates in 41 U.S. markets and is slated to roll out to four more this week in Detroit, Columbus, Ohio, Las Vegas and the Rio Grande Valley region of Texas. However, TechCrunch said that there isn’t much likeness in context or operations. “We expansion prospects.

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Lawmakers Eye Alternatives To Renter Security Deposits

PYMNTS

New York, Ohio, and Virginia lawmakers all have introduced security deposit-focused legislation designed to help renters in markets often without designated, affordable and low-income housing. Now I’m in a whole different realm,” said Charles Tassell, chief operating officer of the National Real Estate Investors Association.

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