Abrigo
AUGUST 4, 2021
Survey: Top Challenges and Trends for BSA/AML Professionals Abrigo's 2021 FinCrime survey benchmarks obstacles and trends for BSA/AML and fraud professionals. Want to see more results from the 2021 FinCrime Survey? Register for the webinar: Register Now. Takeaway 1 Managing false positives and keeping up-to-date on regulatory changes continue to be a challenge for financial institutions.
ABA Community Banking
AUGUST 4, 2021
As kids head back to school, banks across the United States will deploy their resources, reach and expertise to provide the next generation, particularly those in underserved communities, with the financial education they need. The post Bank Partnerships Improve America’s Financial Education Report Card appeared first on ABA Banking Journal.
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BankInovation
AUGUST 4, 2021
Cloud-based software company Salesforce announced this week it will acquire robotic process automation (RPA) provider Servicetrace in a move that will boost Salesforce’s function-specific offerings, especially with regard to finance. The German RPA provider will become part of Salesforce-owned MuleSoft, which offers API management and other integration solutions.
Banking Exchange
AUGUST 4, 2021
Traditional banking products are “out”, according to tech company Temenos Retail Banking Financial Trends Feature Human Resources Customers Performance Feature3 Covid19 Branch Technology/ATMs Financial Research.
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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
BankInovation
AUGUST 4, 2021
The company behind the largest cryptocurrency fund is building out its ETF team, despite dimming odds that U.S. regulators will approve the structure this year. Grayscale Investments LLC has tapped David LaValle, former chief executive officer of custom index provider Alerian, as its global head of exchange-traded funds. He will drive the effort to convert […].
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Banking Exchange
AUGUST 4, 2021
Plus: Chicago banking groups Old Second and Finward announce acquisitions Community Banking Feature3 Feature Management M&A.
FICO
AUGUST 4, 2021
The NFT of Everydays, The First 5000 Days by Mike Winkelmann sold for $6.9 million at Christie’s this year. In part 1 of this blog series my colleague defined NFTs or Non-Fungible Tokens. Now, I’m going to cover what it means for the wider financial crime space. It is well known that dealing in art can be a vehicle for money laundering and terrorist finance.
Banking Exchange
AUGUST 4, 2021
Moody’s warns that President Biden’s executive order on M&A “risks stifling” some US bank mergers Management Feature M&A Risk Management Feature3 The Economy.
CB Insights
AUGUST 4, 2021
Kuda , an Africa-based challenger bank, has raised $55M in a Series B. The round drew participation from Valar Ventures, Target Global, and SBI Investment, among others. HOW’S THE COMPANY PERFORMING? UK-based Kuda is a mobile banking platform that offers digital financial services such as microfinancing, expense tracking, and money management for customers in Nigeria.
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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
The Paypers
AUGUST 4, 2021
Real estate platform Briqwise and Europe-based Open Banking provider Yolt Technology Services (YTS) have partnered to provide SME real estate financing decisions.
The Paypers
AUGUST 4, 2021
B2B commercial payments fintech EedenBull has announced participation in Mastercard Track Business Payment Service to improve its Commercial Payments as-a-service (CPaaS) solution.
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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.
The Paypers
AUGUST 4, 2021
Austria-based digital asset platform Bitpanda has announced launching the Blockchain Research & Development Hub and investing EUR 10 million in the project until 2023.
The Financial Brand
AUGUST 4, 2021
Mobile app's free business checking accounts could be a gateway to other banking relationships as more small firms join the platform. The post ‘Wave Money’ App Plunges H&R Block Deeper into Small Business Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
The Paypers
AUGUST 4, 2021
EML Payments and Australia-based crypto exchange CoinJar have partnered to enable cardholders to pay using crypto via a digital or physical card wherever Mastercard is accepted.
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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
The Paypers
AUGUST 4, 2021
Central Bank of Ghana has granted payments company Cellulant a PSP licence that allows Cellulant to aggregate merchant services and process financial services.
The Financial Brand
AUGUST 4, 2021
Successful digital banking transformation requires prioritizing what is needed today against what's required for the future. The post Executing What’s Possible With Digital Banking Transformation appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
The Paypers
AUGUST 4, 2021
Cloud-based financial risk management platform Feedzai has acquired behavioural biometric platform Revelock (formerly known as Buguroo).
The Financial Brand
AUGUST 4, 2021
Ideas used by banks and credit unions that you can adapt to take your institution's annual report to the next level. The post Gallery: 29 of the Best Annual Reports in Banking to Inspire Your Next One appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
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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.
The Banker
AUGUST 4, 2021
As commercial lenders look beyond the pandemic, three fast-growing sectors represent new risks, according to a report.
The Financial Brand
AUGUST 4, 2021
When lifetime value (LTV) is taken into account, digitally acquired customers can prove to be high-value relationships. The post How to Boost Customer Lifetime Value in Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
The Paypers
AUGUST 4, 2021
Uphold and GlobaliD have announced the launch of the XRP Card – a Mastercard debit card providing up to 5% cashback in XRP.
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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.
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