Tue.Feb 13, 2024

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Yellen asks Congress for stablecoin legislation

Payments Dive

Treasury Secretary Janet Yellen renewed a call for Congress to act on digital assets, saying “there is no appropriate regulatory framework.

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How to successfully deploy an ATM/self-service solution

ATM Marketplace

How do you engineer your ATM and self-service equipment for the unexpected? And just what does it take to prepare, not only for bad weather or natural disaster, but for stolen pickup trucks hooking up to your ATMs and ripping it out of a wall to steal the cash? Read more to find out how.

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PayPal’s Rabinovitch takes Worldpay CFO seat

Payments Dive

Worldpay will lean on PayPal alum Gabrielle Rabinovitch’s finance chops to help it navigate life as an independent company after a recent rocky history for the business.

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Data breach affects 57,000 Bank of America accounts

American Banker

Customers with deferred compensation plans at the bank had personally identifiable information compromised through a third party, Infosys McCamish.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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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Amex gears up for bigger bank category

Payments Dive

Given its asset growth, the card issuer anticipates facing more stringent regulatory requirements and more frequent stress tests.

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More Trending

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FedNow, RTP adoption neck and neck

BankInovation

The Federal Reserve’s FedNow payments network, launched nearly seven months ago, has signed up almost as many financial institutions as The Clearing House’s Real Time Payments platform has in seven years.

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Credit tightened in 4Q — but lenders are more upbeat about 2024

American Banker

Senior loan officers recently told the Federal Reserve that loan demand weakened and underwriting tightened last quarter, but both at a slower pace than three months earlier. They anticipate demand for credit will improve, especially in the back half of the year — provided rates begin to fall.

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Podcast: How to operationalize a bank

BankInovation

Financial institutions continue to spend on technology but many bank technology experiences are disjointed. Banks are hurting their efficiency and overall customer experience with technology that doesn’t connect seamlessly, Emily Steele, chief operating officer of fintech Savana, tells Bank Automation News on this episode of “The Buzz” podcast.

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Credit unions put a twist on BNPL to lure debt-conscious borrowers

American Banker

Shared services organizations PSCU and Co-op Solutions are offering post-purchase buy now/pay later loans, with the goal of reaching consumers who are concerned about managing their credit.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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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MSUFCU tech leader to speak at Bank Automation Summit U.S. 2024

BankInovation

Ami Haueter, chief research and digital experience officer at Michigan State University Federal Credit Union, will speak at Bank Automation Summit U.S. 2024 about how FIs can create processes for AI technology adoption. Bank Automation Summit U.S. 2024 takes place March 18-19 at the Omni Nashville in Nashville, Tenn.

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'Most AI projects fail to reach deployment': Eric Siegel

American Banker

Eric Siegel, author of the book The AI Playbook, explains what it takes to take traditional and advanced artificial intelligence projects from idea to execution.

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FIS partners with Banked

The Paypers

Global fintech FIS has announced its partnership with Open Banking provider Banked to launch new pay-by-bank capabilities for both businesses and customers.

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Which big-bank CEOs got hefty pay raises in 2023?

American Banker

Wells Fargo's Charlie Scharf and Morgan Stanley's James Gorman recorded the biggest gains among the CEOs whose compensation has been disclosed so far.

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The State of Automation in Financial Services 2024 Report

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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Cajera™ Plus: High Performance Innovation to Shake Up the Retail ATM Market

ATM Marketplace

The Cajera™ Plus takes Hyosung’s retail cash recycling technology and pairs it with cash-in transactions and an expanded capacity to deliver the utmost in retail cash management.

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Raising the threshold for tougher bank regs may not have paid off after all

American Banker

When the 2018 Dodd-Frank reform bill lifted the asset bar for enhanced prudential standards for banks from $50 billion to $100 billion, few thought it was controversial. Recent turmoil among regional banks suggests the change may have created as many problems as it solved.

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Metakiosk (MX9700): Purpose Built and Engaging Technology

ATM Marketplace

The MetaKiosk is a purpose built kiosk designed to support gaming, and payments with modular functionality for expanded use in emerging industries. Designed with flexible functionality and capabilities set to enable debit, cash-in/dispense transactions, barcode reading and supports robust industry authentication capabilities.

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'Don't fall for the sales pitches': Advice on deploying AI

American Banker

Eric Siegel, author of the book The AI Playbook, explains what it takes to take traditional and advanced artificial intelligence projects from idea to execution.

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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.

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X10 Sidecar

ATM Marketplace

The X10 (extend) Cash-in Sidecar is the cornerstone of the industry’s most advanced cash-in/out solutions designed for gaming and payments. This machine is a low-cost, high reward upgrade for Hyosung Retail ATMs, transforming traditional cash dispensing ATMs into cash-to-digital on boarding ramps.

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IDnow joins EU crypto compliance consortium

The Paypers

Germany-based identity proofing platform IDnow has entered a consortium that focuses on making crypto assets compliant with new EU regulations.

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Cajera™ S: Smallest Footprint, Full-Function Recycler

ATM Marketplace

The Cajera™ S gives financial institutions the ability to offer full functionality including cash and check deposits, and denomination selection powered by today’s latest recycling technology.

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HiBob acquires Pento

The Paypers

UK-based HR platform HiBob has announced the acquisition of cloud-based payroll automation company Pento , with the transaction being subject to closing conditions.

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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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5L (MX5800): Hyosung’s proven, reliable, cash dispense lobby ATM

ATM Marketplace

The 5L allows for complete deployment flexibility and a broad range of non-traditional offerings. The 5L is ideal for in-branch or off-premise deployments, and offers the best in class solution when high availability, security, and high capacity are required.

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ACI Worldwide partners with RYVYL EU

The Paypers

Real-time payments software ACI Worldwide has announced its partnership with RYVYL EU , aiming to support merchants across Central Eastern Europe (CEE) to increase their revenues.

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7D (MX7600DA): Hyosung’s proven, reliable, full-function ATM

ATM Marketplace

Designed to provide unprecedented reliability, Series 7 ATMs are unparalleled in the market. The 7D through-the-wall, drive-up ATM can easily be upgraded from a cash dispenser to deposit automation and supports large volume transactions. Its high uptime and minimum maintenance have helped make Hyosung the fastest growing ATM company.

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Tietoevry Banking partners with Butterfield

The Paypers

Financial SaaS solution provider Tietoevry Banking has partnered with full-service bank and wealth manager Butterfield to allow the latter to issue credit cards in the current digital landscape.

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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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.