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Financial Trends - Banking Exchange
KBRA warns that stable delinquency rates could rise in the months ahead as banks have focused on short-term relief
Payments firms Paiblock and ACI Worldwide have launched new services for banking customers to help them adapt to a post-COVID-19 world
Major appointments this month involved Discover, Wells Fargo, JP Morgan Chase, Sterling Bank & Trust, Pacific Mercantile Bank, Home Bank and Fifth Third
The impact of the COVID-19 pandemic has heavily impacted the two banks’ plans to combine operations
The Switzerland-headquartered bank is spending hundreds of millions of dollars to digitize its operations
Agriculture sector support comes through the same CARES Act legislation as the Paycheck Protection Program
Also, Cambridge Bank has received regulatory approvals for its delayed purchase of Wellesley Bank
Less than a quarter of homeowners in forbearance have managed to make payments for May, according to fintech firm Black Knight
A Deutsche Bank analysis lays bare the impact on Europe’s banks – but highlights their crucial role in the recovery
Open banking users expected to hit 40 million by end-2021, while payments forecast to total $9 billion
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