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#QOTD -- Alternative Data & Banking Regulation

Every day, policymakers say interesting and important things. But the noise of the news cycle makes it difficult to hear what they say. For analysts and strategists, finding key statements can sometimes seem like searching for a needle in a haystack. BCMstrategy, Inc.'s patented process provides a superior way to tune down the noise and focus on what matters.

Today's Quote of the Day identifies a shift in policy from U.S. federal banking regulators regarding bank use of alternative data in the credit underwriting process.

The policy shift holds implications both for investors in alternative data/FinTech firms AND for compliance officers throughout the United States banking system.

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