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Newsbytes

With the COVID-19 pandemic driving more consumers to online and mobile banking, banks have to meet rising customer expectations and bridge online and in-person options, the American Bankers Association and Accenture said today in a new report on the state of digital lending.

Payments

Central bank digital currencies will meet the goals envisioned by their proponents only if they include private-sector participation, interoperability with the existing payments system and careful, deliberate design and implementation, a group of central banks that includes the Federal Reserve said yesterday.

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