The Future of Banking, Now: FIS Adds New Digital Lending, Commercial Onboarding Components to Modern Banking Platform

Benz Seo

JACKSONVILLE, Fla.–(BUSINESS WIRE)–As a growing number of financial services organizations choose FIS Modern Banking Platform to provide convenient, frictionless digital banking services to their customers, FIS® (NYSE: FIS) continues to add significant new components to its flagship cloud-native core banking platform.

The new components, which include innovative retail lending and commercial onboarding as well as a growing ecosystem of third-party solutions, add to the advanced digital banking capabilities that are being deployed by a dozen leading banks including Fifth Third Bank and BMO Harris.

“If anything is certain in this rapidly changing banking industry, it’s

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CoinZoom Advances Traditional Financial Services Tools Via a Fully Featured Cryptocurrency Platform

Benz Seo

With several features, including trading, crypto debit cards, and remittances, CoinZoom, a fully regulated platform, facilitates cryptocurrency use in the physical world by supplying digitized alternatives to traditional financial services offerings.

Crypto-Based Services Offerings To Bolster Real-World Uses

With the tailwinds of cryptocurrency’s meteoric climb over the last few years, more and more crypto-based services are joining the momentum. Among the long list of decentralized finance (DeFi) projects, all aimed at accelerating the mainstream adoption of crypto, CoinZoom, the next-generation cryptocurrency exchange, has cemented itself as a significant contributor to the advancing decentralized revolution.

Even though centralized financial systems

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Digital Lending a Game-Changer for Small Value Business Loans

Benz Seo

Access to multiple data sets has allowed digital lenders to develop sophisticated data analytic tools

Access to affordable formal credit has been a challenge for many segments in India, particularly small businesses, sole proprietors, and smaller entrepreneurs. The costs for banks to effectively lend to these groups are high due to which they are often excluded from mainstream credit channels.

The relatively high cost of bank lending is linked to the absence of reliable financial data that allows for effective credit risk profiling and pricing of loans. Banks tend to rely on historical data – bank account statements, cash flow

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Tesco Bank pulls plug on all personal and business current accounts

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Tesco Bank is to close all of its personal and business current accounts at the end of November after it found that the vast majority of its customers were not using it for their main account.

Customers will soon receive a message asking them to withdraw all their money from the accounts before 30 November, and change any standing orders or direct debits.

Around 213,000 accounts are currently open with the bank; however, it estimates that fewer than one in eight of these are being used by customers as their primary account.

Most of the accounts either see “limited activity”,

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5 Small Business Ideas to Start with your Partner

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Small businesses are a dime a dozen nowadays, but not every one of them will be successful for you.

If you want to start a small business, you need to know the idea of starting with your partner. These are some of the things you need to consider to develop an idea that will be effective for both of you. This guide is for people who wonder how to make fast money. Here are five amazing ideas, you and your partner can start and make a profit within a short time:

Daycare

Most parents would prefer to leave their

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Could ethereum overtake bitcoin?

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Bitcoin v ethereum: who will be the eventual winner? Photo: Dado Ruvic/Illustration/Reuters

Robert Metcalf, the founder of ethernet technology, formulated a law that the value of a network increases with the square of the number of users on it. Since July ethereum (ETH-USD) has overtaken bitcoin (BTC-USD) to become the largest network for trustless money settlements, a sign that the world’s pre-eminent cryptocurrency is giving ground to its younger competitor. 

This week data from Bitinfocharts shows that ethereum has 770,144 network addresses, 94,207 more than bitcoin which has only 675,937. Another network metric to evaluate a

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