ATM Marketplace

MAY 10, 2024

Bradley Cooper, editor of ATM Marketplace discussed bank layoffs in light of CX with Mack Turner, a 30 year veteran of the financial services industry,

ATM 99

ATM Industry 99

Payments Dive

MAY 10, 2024

The collaboration with a Chinese entity began Wednesday, with processing of cards issued by banks in the country following years of preparations.

Operations 293

Operations Cards 293

American Banker

MAY 10, 2024

The Puerto Rico-based company's board of directors has given an additional title to COO Javier Ferrer, naming him president as of May 9. His career path closely resembles that of his boss, CEO Ignacio Alvarez.

Puerto Rico 78

Puerto Rico Company 78

Payments Dive

MAY 10, 2024

The two agencies raised concerns that airlines and card companies could arbitrarily devalue points accrued in their joint rewards programs, amounting to a bait-and-switch for customers.

Cards 243

Cards Company 243

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

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

How To

American Banker

MAY 10, 2024

Max Levchin, CEO of the buy now/pay later lender, said recent tests show young adults prefer interacting with intelligent chatbots over phone-based agents, but the company doesn't foresee major cost savings from generative AI for a few more years.

Company 78

Company Payments 78

American Banker

MAY 10, 2024

A "true" stablecoin would benefit the economy by improving the money supply, facilitating frictionless payments and lowering the cost of borrowing fiat currency.

Payments 81

Payments cryptocurrency Compliance Regulation 81

BankInovation

MAY 10, 2024

Bank of America aims to add 10 to 20 modules to its virtual reality training program every year to enhance employee training and improve information retention.

Training 57

Training America Innovation Retail 57

American Banker

MAY 10, 2024

American Heritage Federal Credit Union in Philadelphia plans to acquire three branches and $105 million of deposits from Linkbancorp. The deal is part of a growing number of transactions involving credit unions buying whole banks or portions of their branch networks.

New Jersey 74

New Jersey Philadelphia Operations Community Bank 74

The Paypers

MAY 10, 2024

Access Bank Group has announced its partnership with Mastercard in order to expand opportunities for cross-border payments for African businesses and clients.

Groups 50

Groups Payments 50

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Commercial Lending USA

MAY 10, 2024

Many commercial loans are secured by collateral, an asset the borrower pledges as security for the loan.

Security 52

Security Lending 52

The Paypers

MAY 10, 2024

Tuum has announced its partnership with TransactionLink in order to streamline fintech onboarding processes and optimise operational efficiency.

Fintech 48

Fintech Operations 48

Commercial Lending USA

MAY 10, 2024

At Commercial Lending USA, we specialize in taking the hassle out of commercial loan acquisition.

Lending 52

Lending 52

American Banker

MAY 10, 2024

Large banks, particularly those with over $100 billion in assets, see increasing supervisory shortcomings related to interest rate and liquidity risks, governance and risk control issues, and cite cybersecurity, CRE values, and remote work trends as potential hazards in the future.

Report 41

Report Trends Policies Compliance 41

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The Paypers

MAY 10, 2024

US-based bank Wells Fargo has introduced the Signify Business Cash Mastercard for simplified cash rewards, tailored for small business success.

US 45

US 45

American Banker

MAY 10, 2024

Truist Financial completes the sale of its remaining stake in Truist Insurance Holdings; City National Bank has hired Rick Bechtel as executive vice president and head of mortgage and residential lending; Associated Bank names Chun Schiros as its first chief analytics officer; and more in the weekly banking news roundup.

National 36

National Analytics Lending Industry 36

The Paypers

MAY 10, 2024

Euclid Protocol has introduced a new shared liquidity layer aimed at addressing the issue of fragmented liquidity in the blockchain ecosystem.

blockchain 45

blockchain 45

American Banker

MAY 10, 2024

The Charleston-based company agreed to pay $267 million to acquire Piedmont Bank in Peachtree Corners, Georgia. It's United's 34th deal, but the first since 2021.

West Virginia 36

West Virginia Atlanta Virginia Georgia 36

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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

Lending

The Paypers

MAY 10, 2024

Cloudflare has partnered with the US Treasury and PNNL to bolster financial cybersecurity, sharing advanced threat intelligence for industry defence.

US 41

US Industry 41

The Financial Brand

MAY 10, 2024

This article With Rate Cuts Delayed, How Can Banks Boost Deposit Profitability? One Word: Volume appeared first on The Financial Brand. With Fed interest rate cuts increasingly off the table, how can banking institutions grab greater profitability? The answer is a familiar, though overlooked strategy. This article With Rate Cuts Delayed, How Can Banks Boost Deposit Profitability?

Branding 32

Branding Strategy St. Louis Atlanta 32

The Paypers

MAY 10, 2024

Wink Pay has collaborated with Visa and Codebase Technologies to launch fully-digital onboarding and instant card issuance proposition for Visa prepaid virtual cards in Lebanon.

Cards 36

Cards Technology 36

American Banker

MAY 10, 2024

The new Financial Stability Oversight Council report also recommends an expanded Ginnie Mae PTAP facility and an industry-funded liquidity resource.

Resources 28

Resources Industry Report Policies 28

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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The Paypers

MAY 10, 2024

Belgium has selected Netherlands-based SurePay for Verification of Payee (VoP) to enhance fraud prevention and EU compliance.

Compliance 45

Compliance Fraud 45

The Financial Brand

MAY 10, 2024

This article The State of Small Businesses: A Guide for Banks appeared first on The Financial Brand. Bank of America's latest business owner's report on SMBs' optimism, challenges and strategies in a post-pandemic landscape of economic uncertainty. This article The State of Small Businesses: A Guide for Banks appeared first on The Financial Brand.

America 21

America Branding Strategy Report 21

The Paypers

MAY 10, 2024

FINRA has fined SoFi USD 1.1 million due to alleged consumer identification flaws across its cash management brokerage service enabling fraudsters to take funds approximating USD 2.5 million.

Management 36

Management 36

American Banker

MAY 10, 2024

In this week's edition of the American Banker news quiz, gauge your understanding of topics like Trump's ongoing criminal trial, alleged misconduct within the Federal Deposit Insurance Corp., industry succession planning and more.

Industry 45

Industry Compliance Regulation 45

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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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