CFPB Monitor

FEBRUARY 19, 2024

The CFPB recently published a notice in the Federal Register indicating that it is seeking approval from the Office of Management and Budget (OMB) for the collection of additional auto finance data pursuant to its authority under the Dodd-Frank Act. In February 2023, the CFPB announced that it had issued market monitoring orders to nine large auto lenders requesting information about their auto lending portfolios. .

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Jeff For Banks

FEBRUARY 19, 2024

Why not Calvin Coolidge? In a time when we administer clarion calls to the government that "SOMETHING MUST BE DONE!", Coolidge would likely respond, "no it doesn't." It is with this admiration of our 30th president, the Great Refrainer, the one that presided over the Roaring Twenties when life improved significantly for all Americans, that I read the official results of the 2024 Presidential Greatness Project Expert Survey administered by professors from the University of Housten and Coastal Car

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CFPB Monitor

FEBRUARY 19, 2024

The Federal Communications Commission (FCC) has issued a final rule amending its regulations implementing the Telephone Consumer Protection Act (TCPA) to add new provisions addressing how consumers may revoke consent to receive autodialed or prerecorded voice calls or texts and the obligations of callers and texters to honor revocation of consent requests.

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Regulation 78

American Banker

FEBRUARY 19, 2024

Capital One Financial's proposed acquisition of Discover Financial Services would create a credit card behemoth with its own payments network. The deal is likely to draw tough regulatory scrutiny, though analysts say there are many compelling strategic reasons for the combination.

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Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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BankInovation

FEBRUARY 19, 2024

Capital One Financial Corp. agreed to buy credit-card lender Discover Financial Services in a $35 billion all-stock deal to create the largest US credit card company by loan volume. McLean, Virginia-based Capital One will pay 1.0192 of its own shares for each Discover share, a 26.6% premium to the closing price on Feb.

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The Paypers

FEBRUARY 19, 2024

CRIF has announced the launch of an ESG Analytics solution in order to improve the way UK financial institutions meet their sustainable goals.

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American Banker

FEBRUARY 19, 2024

A report reveals Heartland Tri-State Bank's failure last year was due to its CEO being ensnared in a sophisticated investment scam that is taking more victims.

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Report cryptocurrency Fraud Technology 52

The Paypers

FEBRUARY 19, 2024

Digital bank Revolut has set to introduce a cryptocurrency exchange targeting ‘advanced traders’ with market analytics and lower fees.

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cryptocurrency Analytics Digital Banking Marketing 50

American Banker

FEBRUARY 19, 2024

Capital One Financial has been holding talks with Discover Financial Services about a deal, according to people with knowledge of the matter.

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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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The Paypers

FEBRUARY 19, 2024

Singapore-based digital bank Tonik has launched the ‘Luv Stash,’ a savings account that enables couples to save and earn a 4.5% interest rate.

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Digital Banking 48

American Banker

FEBRUARY 19, 2024

Many deposits classified as brokered are actually very "sticky." Recognizing that would go a long way toward improving banks' stability.

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The Paypers

FEBRUARY 19, 2024

ID verification and fraud prevention provider Mitek has announced the launch of MiControl, a fraud management console that assists the company’s Check Fraud Defender.

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The Financial Brand

FEBRUARY 19, 2024

This article Size Doesn’t Always Define Digital Maturity in Banking appeared first on The Financial Brand. New analysis shows digital prowess stems not from asset size alone. There must be a culture that accepts change and client-obsessed mindsets. This article Size Doesn’t Always Define Digital Maturity in Banking appeared first on The Financial Brand.

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Analysis Branding Customer Experience Report 38

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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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The Paypers

FEBRUARY 19, 2024

US-based fintech Nukkleus has signed a term sheet for the acquisition of Mercury Global , a cross-border payments company, to strengthen its presence on the global market.

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The Financial Brand

FEBRUARY 19, 2024

This article Is AI Coming for Your Bank Job? appeared first on The Financial Brand. The answer to that question is complicated, but some roles are likely to see big changes in the next few years. This article Is AI Coming for Your Bank Job? appeared first on The Financial Brand.

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Branding 30

The Paypers

FEBRUARY 19, 2024

Cross-border payment platform Verto has selected Resistant AI ’s document fraud detection solution for customer onboarding and to expedite transaction processing.

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The Financial Brand

FEBRUARY 19, 2024

This article The Strategy Behind PNC’s $1-Billion Branch Build-out appeared first on The Financial Brand. Bill Demchak's PNC seeks organic growth with a new commitment to expand branches in key markets by about 4%. This article The Strategy Behind PNC’s $1-Billion Branch Build-out appeared first on The Financial Brand.

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Strategy Branding Marketing Banking Trends 29

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The Paypers

FEBRUARY 19, 2024

Turkey-based Garanti BBVA has announced its plans to launch its new solution, the Bonus Platinum Biometric Card, aiming to improve the security of payments.

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Cards Security Payments 41

Perficient

FEBRUARY 19, 2024

You may learn microservices in-depth from beginner to expert in this set of tutorials. click here for previous blog: – Tutorial 01 – Microservices Architectural Design by using Spring Boot Introduction: – Netflix Eureka Server – To enable discovery and communication between microservices, it is necessary to register or publish the microservice with the R&D (Registrar and Discovery) server.

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Maine Operations Data Software 430

The Paypers

FEBRUARY 19, 2024

Bahrain-based fintech enabler Arab Financial Services (AFS) has announced its partnership with Xpence to optimise SME financial management in the region.

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The Financial Brand

FEBRUARY 19, 2024

This article Join the AI Revolution at The Financial Brand Forum 2024 appeared first on The Financial Brand. Best practices and real-world strategies in AI are front and center at the biggest and best conference in banking. Reserve your place before February 22. This article Join the AI Revolution at The Financial Brand Forum 2024 appeared first on The Financial Brand.

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Branding Conference Strategy Banking Trends 18

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Lending

The Paypers

FEBRUARY 19, 2024

Bahrain-based mobile wallet for digital financial transactions stc pay has announced its collaboration with the Electricity and Water Authority (EWA).

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Mobile 41

The Financial Brand

FEBRUARY 19, 2024

This article Join the AI Revolution at The Financial Brand Forum 2024 appeared first on The Financial Brand. Best practices and real-world strategies in AI are front and center at the biggest and best conference in banking. Reserve your place before February 22. This article Join the AI Revolution at The Financial Brand Forum 2024 appeared first on The Financial Brand.

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Branding Conference Strategy Banking Trends 17

The Paypers

FEBRUARY 19, 2024

TransactionLink has announced its partnership with Know Your Customer in order to optimise the compliance and onboarding processes for FIs in Europe.

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Compliance 41

The Paypers

FEBRUARY 19, 2024

India-based digital payments app Paytm has partnered with private sector financial institution Axis Bank to support settlement of merchant payments.

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Payments 41

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Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.

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