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When it began migrating its 60,000 customers from a Fiserv core to Finxact, Live Oak was looking for the ability to easily work with fintech partners, feed existing customer data into new applications ...
China’s banks are undoubtedly big. In fact, the world’s top four banks in assets are Chinese. Profits in the Chinese commercial banking sector rose to 1.65 trillion yuan (US$240 billion) in 2016.
Unsung hero of the financial system or enabler of troubled banks? The Federal Home Loan Bank system was created to support homeownership, but also loaned billions to failing banks like First Republic.
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