Payments Dive

DECEMBER 12, 2023

Since his arrival in February, The Clearing House CEO David Watson has been remaking the company’s executive suite, with another appointment this week.

Leadership 418

Leadership Company 418

BankBazaar

DECEMBER 12, 2023

Financial freedom requires planning and patience. This is the first piece of a series of posts on exploring various investment avenues. As another year comes to an end, it’s important for us to equip you with the best investment ideas. In this series of articles, we’ll discuss the different routes you can take to plan your retirement or strengthen your current financial standing.

Taxes 78

Taxes National Marketing Regulation 78

Payments Dive

DECEMBER 12, 2023

The activist investor has cut its ownership by about two-thirds, a sign that it might be satisfied with the payment company’s progress, Monness, Crespi, Hardt & Co. analyst Gus Galá says.

Payments 221

Payments Company 221

American Banker

DECEMBER 12, 2023

In this year's roundup of top banking news for 2023: Navy Federal Credit Union joins the RTP network amid ongoing military contract woes, major banks across the U.S. announce staff cuts, regulators shutter Signature Bank and more.

Regulation 92

Regulation Fintech 92

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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TheGuardian

DECEMBER 12, 2023

Leaders from the voluntary sector on the challenges that small organisations are increasingly facing with banking services Your recent article on the problems that charities experience with banking is timely ( Charities and churches left in financial disarray after Barclays shuts accounts, 4 December ). These issues are now so acute that the chief executive of the Charity Commission has found it necessary to write to all the main banks seeking solutions, and we welcome its support on the issue.

Maine 82

Maine Community Operations Online 82

BankInovation

DECEMBER 12, 2023

Generative AI utilization is a table stake for financial services industry leaders looking to improve customer experience, internal processes and risk management. According to a Dec. 11 report by consulting giant EY, 99% of financial services industry leaders have deployed AI and are planning to use the tech across their operations.

Risk Management 72

Risk Management Customer Experience Survey Industry 72

American Banker

DECEMBER 12, 2023

Analysts agree that the Long Island-based bank will probably absorb some losses due to its exposure to struggling segments of the commercial real estate market. But they differ on the extent of the likely damage.

New York 85

New York Community Marketing Lending 85

ATM Marketplace

DECEMBER 12, 2023

Are advanced features for ATMs useful.or unhelpful?

ATM 116

ATM 116

American Banker

DECEMBER 12, 2023

Integrating artificial intelligence into the world of banking and finance must be a cooperative effort between the industry and regulators. It's important that the discussions start now.

Regulation 84

Regulation Industry Compliance 84

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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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BankInovation

DECEMBER 12, 2023

Tom Durkin, global product head of CashPro in Global Transaction Services at Bank of America, will present on “What’s new in digital assistants: Implementing AI for enhanced user experience” at Bank Automation Summit U.S. 2024 on Tuesday, March 19, at 1:45 p.m. CT. Bank Automation Summit U.S.

User Experience 63

User Experience America Retail 63

American Banker

DECEMBER 12, 2023

The combination of OnPath Federal Credit Union and Louisiana Federal Credit Union is the biggest credit union merger in the state's history.

Louisiana 81

Louisiana 81

BankInovation

DECEMBER 12, 2023

Financial institutions are looking to grow deposits and increase customer loyalty as business clients look to diversify deposits and manage liquidity.

Technology 66

Technology America Management Payments 66

American Banker

DECEMBER 12, 2023

A jury found the tech giant violated anti-monopoly rules by requiring in-house checkout for game makers such as Epic, which publishes Fortnite. Google and Apple may have to cut fees, but outside processors will be challenged to create a winning user experience.

Google 67

Google User Experience Company Apple 67

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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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Realwired Appraisal Management Blog

DECEMBER 12, 2023

Our Realwired team just wrapped up our quarterly strategic meeting, asking the North Star question, “How do we make our Chief Appraiser clients look great with YouConnect?” Our 2024 tech roadmap is loaded with client-requested new features. We listen to you.

Meeting 52

Meeting 52

American Banker

DECEMBER 12, 2023

The top five community banks averaged a return on average equity of 75.37% as of June 30, 2023.

Community Bank 81

Community Bank Community Industry 81

The Paypers

DECEMBER 12, 2023

The OpenWallet Foundation has announced its partnership with FIDO Alliance in order to combine the latter’s standard with OWF’s open source projects.

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Tomorrow's Transactions

DECEMBER 12, 2023

I was extremely fortunate to be invited to the recent BIS Securing The Future Monetary System conference in Basel. This was a terrific event, bringing together some of the cleverest people in security from the worlds of banking; academia and industry to discuss the issues faced in securing our future CBDC based monetary systems. I… Continue reading How do we regulate and ensure AI Machines pay fairly?

Regulation 44

Regulation Conference Security System 44

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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.

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American Banker

DECEMBER 12, 2023

While mortgage assumptions are on the rise, so too are complaints leveled against mortgage servicers for how they handle the loans. A common refrain is that the companies are moving too slowly.

Company 45

Company Policies Compliance Regulation 45

The Paypers

DECEMBER 12, 2023

The Crown Commercial Service has announced the launch of a new Open Banking agreement to reduce fraud and improve prompt payments across the public sector.

Fraud 48

Fraud Payments 48

American Banker

DECEMBER 12, 2023

Carter Bankshares in Martinsville, Virginia, is attempting to exit a longstanding relationship with West Virginia Gov. Jim Justice through a seldom-used collections tool that was at the center of a court hearing this week.

West Virginia 41

West Virginia Virginia Tools Community Bank 41

The Paypers

DECEMBER 12, 2023

The CJEU has issued a new set of rulings in order to simplify the manner in which data protection supervisory authorities of the EU member states sanction legal entities.

Data 41

Data 41

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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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American Banker

DECEMBER 12, 2023

The Federal Open Market Committee's Summary of Economic Projections probably won't offer the 130 basis points of cuts next year that the market expects.

Marketing 36

Marketing Policies 36

The Paypers

DECEMBER 12, 2023

The Financial Services Commission has proposed a preliminary notice of rules change to establish reasonable standards for calculating data transfer fees in MyData.

Regulation 41

Regulation Data 41

American Banker

DECEMBER 12, 2023

Within the bank, Ed Emerson, , who leads the commodities-trading business, is known as a vocal critic of CEO David Solomon's leadership.

Leadership 36

Leadership Industry 36

The Paypers

DECEMBER 12, 2023

Ebury , a UK-based global financial technology firm, has announced the acquisition of financial services firm Prime Financial Markets based in South Africa.

Marketing 41

Marketing Financial Technology Technology 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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