McKinsey’s Global Banking Report Finds A Majority Of Banks Not Economically Viable
McKinsey suggests the #banking industry is approaching the end of the current economic cycle in less-than-ideal health.
Financial Technology
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McKinsey’s Global Banking Report Finds A Majority Of Banks Not Economically Viable
McKinsey suggests the banking industry is approaching the end of the current economic cycle in less-than-ideal health.
Financial Technology -
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Student Loan Servicers Get A Report Card From LendEDU
The differences in #student #loan servicing complaint rates are stark and NerdWallet suggests some alternatives while The Nation shows how some other countries handle education funding..
Financial Technology -
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Japanese Cryptocurrency Exchanges Report 669 Cases of Money Laundering
Japan’s #cryptocurrency #exchanges have reported a total of 669 suspected #money #laundering #cases to the country’s National Police Agency, according to a #report by Nikkei Asian Review. #Japanese cryptocurrency exchanges have been having a rough time lately with a major hack ($ 550 million) and some major technical glitches – one that almost cost one exchange …Read More
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Cleveland Fed Pulls P2P Lending Report for ‘Revision’ Over Questions on Data
The Federal Reserve Bank of #Cleveland has taken a #report on P2P #lending offline due to #questions regarding the report’s underlying #data. Released earlier this month, the report — which is now under revision, according to the Cleveland Fed &8212; concluded that the P2P lending industry is similar to that of “predatory loans,” and that […]
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U.S. Federal Reserve Takes No Position On Its Real-Time Payments Report
While the #Federal #Reserve System and participants in its Faster #Payments Task Force extol the benefits of a collaborative, consensus-building approach to developing a real-time payments system volunteerism, they are silent on both the direct and the opportunity costs.
Financial Technology -
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U.S. Federal Reserve Takes No Position On Its Real-Time Payments Report
While the #Federal #Reserve System and participants in its Faster #Payments Task Force extol the benefits of a collaborative, consensus-building approach to developing a real-time payments system volunteerism, they are silent on both the direct and the opportunity costs.
Financial Technology -
user
U.S. Federal Reserve Takes No Position On Its Real-Time Payments Report
While the #Federal #Reserve System and participants in its Faster #Payments Task Force extol the benefits of a collaborative, consensus-building approach to developing a real-time payments system volunteerism, they are silent on both the direct and the opportunity costs.
Financial Technology -
user
U.S. Federal Reserve Takes No Position On Its Real-Time Payments Report
While the #Federal #Reserve System and participants in its Faster #Payments Task Force extol the benefits of a collaborative, consensus-building approach to developing a real-time payments system volunteerism, they are silent on both the direct and the opportunity costs.
Financial Technology -
user
Chase, Wells Report Strong Mobile User Growth
JPMorgan #Chase and #Wells Fargo are certainly on the right track to becoming #MobileFirst. Both #banks reported their first quarter 2017 earnings this morning, demonstrating #strong #mobile #user numbers (despite the troubling few quarters that at least one of the banks went through). Chase reached 27.2 million active mobile customers this quarter, up 14.7% from the […]
Bank Innovation
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