Jack Dorsey faces full Square agenda
Payments Dive
SEPTEMBER 28, 2023
The billionaire co-founder is likely to focus on large clients, sales strategy and IT issues after he takes over the Block merchant unit next week, analysts predicted.
Payments Dive
SEPTEMBER 28, 2023
The billionaire co-founder is likely to focus on large clients, sales strategy and IT issues after he takes over the Block merchant unit next week, analysts predicted.
CFPB Monitor
SEPTEMBER 28, 2023
The CFPB recently released a report regarding higher education tuition payment plans that discusses prevailing practices and highlights certain CFPB concerns regarding consumer impact. The CFPB’s report was based upon (a) a review of hundreds of postsecondary school and college websites that contain publicly available information on tuition plans and related contracts, (b) consumer complaints submitted to the CFPB and Department of Education, and (c) interviews with consumers and meetings with i
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Payments Dive
SEPTEMBER 28, 2023
“If we think you're making a payment related to crypto assets, we'll decline it,” Chase U.K. told customers in an email reported by CoinDesk.
BankBazaar
SEPTEMBER 28, 2023
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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.
Payments Dive
SEPTEMBER 28, 2023
Cushion CEO Paul Kesserwani felt overwhelmed when he tried to keep track of several BNPL loans at once, so he shifted his fintech’s focus to help others in the same boat.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Payments Dive
SEPTEMBER 28, 2023
Though checks have been vital to its business, the company is venturing further into digital payments, with an assist from Aliaswire.
American Banker
SEPTEMBER 28, 2023
The Federal Reserve Inspector General's report on the failure of Silicon Valley Bank found that officials at the Federal Reserve Bank of San Francisco wanted to remove the CEO from its board before examiners downgraded SVB's supervisory ratings.
BankInovation
SEPTEMBER 28, 2023
BNP Paribas has identified hundreds of use cases for AI and is using the tech to enhance its virtual agent capabilities and automate data extraction, improving its ability to analyze unstructured data.
American Banker
SEPTEMBER 28, 2023
When running a bank branch, there are certain employee behaviors that must be nonnegotiable. But that still leaves plenty of room for improvisation and creativity.
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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
SEPTEMBER 28, 2023
Ally Financial is exploring close to 200 use cases in-house for generative AI as it looks to increase efficiencies at the $197 billion bank. Ally is developing its generative AI in-house and launched beta testing in June, Sathish Muthukrishnan, chief information, data, and digital officer, told Bank Automation News.
American Banker
SEPTEMBER 28, 2023
The combination of inflation and rising interest rates over the last 18 months has made it more difficult for Americans to stay on top of their loan payments, especially on credit cards and auto loans.
The Paypers
SEPTEMBER 28, 2023
UK-based fintech, Curve , has partnered with PayPal , to integrate the latter into its wallet, with the objective of expanding PayPal's offline accessibility.
American Banker
SEPTEMBER 28, 2023
To help those who may not get paid during a budget deadlock, credit unions are reviving past programs such as low-interest loans, payment deferrals and forms of relief.
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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
SEPTEMBER 28, 2023
Mexico-based neobank albo has announced the raise of USD 40 million in a Series C investment round in order to accelerate its development process.
American Banker
SEPTEMBER 28, 2023
Two months after the mysterious failure of the Heartland Tri-State Bank in Elkhart, Kansas, a news article sheds light on its downfall. CEO Shan Hanes was involved in a cryptocurrency hoax involving a $12 million wire payment, according to the Bloomberg Businessweek report.
The Paypers
SEPTEMBER 28, 2023
J.P. Morgan has announced that it has been designated by the US Treasury Department under a financial agency agreement to offer account validation services for federal government agencies.
American Banker
SEPTEMBER 28, 2023
Lisa Rickert and Ruth McCord, who manage branches for Nicolet National Bank, share a passion for connecting with their customers and supporting their communities.
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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
SEPTEMBER 28, 2023
The EY has agreed to close its partnership with Santander and refund GBP 15 million after alleged failings within its anti-financial crime project for the bank’s UK arm.
American Banker
SEPTEMBER 28, 2023
Camino Financial and Fundation, which are combining, serve distinct slices of the small business market. The deal's architects say it will enable the combined firm to provide more financing options to entrepreneurs, and they argue that now is a good time to lean into small business lending.
The Paypers
SEPTEMBER 28, 2023
UK-based Perenna has received USD 52 million in funding round to roll out fixed-rate mortgage products and improve the financial infrastructure of the region.
American Banker
SEPTEMBER 28, 2023
Through its commitment of up to $4 billion in Anthropic, the e-commerce giant can bring advanced analysis, shopping and checkout tech closer to the point of sale — and farther away from traditional transaction processors.
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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.
Qudos Bank
SEPTEMBER 28, 2023
With Bank Impersonation Scams on the rise, we encourage our members and community to be cautious of unsolicited calls requesting you to transfer funds for safekeeping. Scammers impersonate financial institutions and AUSTRAC, informing victims that their bank accounts have been compromised or are being used for money laundering. What does a Bank Impersonation Scam involve?
American Banker
SEPTEMBER 28, 2023
A proposed settlement between the Philadelphia-based community bank and an activist investor group that has waged a nearly two-year battle for control also calls for overhauling the board of directors.
The Paypers
SEPTEMBER 28, 2023
Interbank payments network Interac has broadened access to additional types of financial institutions for participation in its e-Transfer service, with Wealthsimple approved as a participant.
American Banker
SEPTEMBER 28, 2023
The card network has teamed with Rochester Institute of Technology's Dubai satellite to foster local AI talent, and has several other AI efforts underway.
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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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