Payments Peek
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Vertice: Dominating SaaS and Cloud Spend Management with $25M Series B
Discover how @Vertice is revolutionizing enterprise spending—securing $25M in Series B funding to bolster their global footprint and enhance product features, while committing to responsible fiscal growth. #FintechGrowth #SeriesBFunding #SpendManagement #CloudCostOptimization
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US Banking Giant Slapped with $249M Fine for Exploiting Insider Secrets
Morgan Stanley (@MorganStanley) settles with the SEC, paying $249M for market fraud and misuse of confidential info. Fines emphasize market integrity and consequences of trust violations. #FinanceNews #MarketRegulation
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Cleveland Fed appoints Mohanty to lead banking supervision
Anulekha Mohanty steps up as SVP at @ClevelandFed, ready to oversee 260+ financial institutions with a focus on safety, fairness, and compliance in the banking sector.
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CFPB pushes Are overdraft fees worth the risk for banks?
Explore the delicate balance between compliance and revenue as the CFPB eyes overdraft fee reforms. Banks face crucial decisions impacting their bottom line and customer satisfaction. #Banking #CFPB #OverdraftFees #FinancialRisk #Compliance
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Biden slashes big bank overdraft fees: it ends exploitation, president claims.
Discover how the @CFPB’s proposed rules could save U.S. citizens $3.5 billion in bank overdraft fees, ensuring transparency and fairness for lower-income customers. #FinanceReform #ConsumerProtection
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No Bounds on Banking Jobs; Executives, Stop Throwing Stones
Dennis Kelleher of @BetterMarkets champions fair hiring in banking, urging the FDIC to end double standards between minor offenders and culpable executives. #FinanceEquity #BetterMarkets #FHBA
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Germany’s finance minister confesses: Europe’s burnt out man on duty.
Germany’s Finance Minister @ChristianLindner spotlights the nation’s slipping competitiveness, advocating for structural reforms and a robust response to potential shifts in US politics to revitalize the European economy. #GermanyEconomy #WorlEconomicForum #Davos2023
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Bankers pursue CEE’s golden era
Rediscovered optimism sweeps CEE banking as acquisition hopes surge, despite Poland’s legal hurdles. @EBRD highlights atmosphere akin to the vibrant era of emerging Europe.
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Cedar-IBSi FinTech Lab: Thriving 2023, Expanding Big in 2024
Discover how Cedar-IBSi FinTech Lab (@CedarIBSi) thrived in 2023, attracting new members like @IntellectDesign, and partnering with tech giants (@Asana, @GitHub), setting the stage for a trailblazing 2024. #FinTechInnovation #CedarIBSiSuccess #StrategicCollaboration
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From Banking to Books: JPMorgan’s Talented Banker Finds New Path.
JPMorgan (@jpmorgan) praises CEO Jamie Dimon’s leadership amidst concerns for future challenges. Meanwhile, bankers leave Citi and UBS for ventures in charity and music, reshaping industry norms.