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Fair Lending - Banking Exchange
The initiative has proven successful in addressing the needs of the US’s unbanked population
Federal Reserve data noted the lack of demand for small business loans even while noting that consumer demand is on the increase
Platform will help gig workers and contractors access government Covid-19 support
The OCC introduced rules last year to ‘clarify’ which entities were responsible for loans
Research from the Federal Reserve noted profitability and capital positions improved in H2 2020
Ratings agency KBRA has laid out how the digital transition is levelling the playing field for small banks
Q4 earning reports show major banks have cut loans to small businesses, focusing instead on strengthening their own capital position
The ABA has urged banks to prepare as a fresh round of economic stimulus payments is rolled out
Global loan loss provisions and foregone revenue due to economic impact of pandemic will climb for the next few years
The association objects to further capital raising flexibilities for large credit unions that already receive tax exemptions
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Webinar:

Navigating Fraud in the World of Instant Payments:
Strategies for Success

Time/Date: February 28, 2:00-3:00 ET

As payment technology advances, so does the need for effective fraud prevention strategies.

Join experts Mike Cook, VP of Commercialization, Fraud Solutions at Socure, and Mark Majeske, SVP of Faster Payments at Alacriti, in this Banking Exchange hosted webinar on February 28, 2:00-3:00 ET, as they discuss the current and future state of fraud in the instant payments landscape, and share strategies for protecting your business in the face of evolving fraud trends.

Key topics to be covered include:

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