Payments Dive

JANUARY 31, 2024

The industry faces more upheaval this year as legacy companies and upstart fintechs jockey for the upper hand, and regulators monitor the competition closely.

Payments 221

Payments Regulation Fintech Industry 221

BankBazaar

JANUARY 31, 2024

While navigating a loan default can be challenging, understanding your rights and available options empowers you to make informed decisions. Here’s everything you need to know if you find yourself in this predicament. Repaying a loan and managing EMIs can sometimes become a challenging endeavour, potentially leading to concerns about defaulting. While defaulting is not an ideal situation, it’s important to recognise that it doesn’t mark the end of the road, nor does it brand you as a

Guidelines 147

Guidelines Security Management Payments 147

Payments Dive

JANUARY 31, 2024

“If a bank cannot secure its customers’ accounts, they are failing in their most basic duty,” New York Attorney General Letitia James said in a statement Tuesday.

New York 221

New York Fraud Security 221

Jack Henry

JANUARY 31, 2024

As we kick off the new year, it’s always a great time to reflect on the past and look forward to the future. Strategizing is important for all organizations as many industries are reinvented by technology and reimagined by changing consumer needs. Amid banking trends, fintech trends, and other emerging factors, the financial services sector is no stranger to change.

Trends 97

Trends User Experience Banking Trends Technology 97

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.

US

Payments Dive

JANUARY 31, 2024

The expansion of the enforcement team is meant “to send a clear deterrent message to entities that are within our authority,” CFPB enforcement attorney Molly McOwen said.

221

221

CFPB Monitor

JANUARY 31, 2024

New FCC rules under the Telephone Consumer Protection Act will mean big changes for businesses, particularly comparison shopping websites, lead generators, and other companies that regularly contact consumers via phone or text message. On February 20, 2024, from 1:00 p.m. to 2:00 p.m. ET, Ballard Spahr will hold a webinar in which members of the firm’s Telephone Consumer Protection Act Industry Group will discuss: The so-called “lead generator loophole” and the FCC’s efforts to close it.

Comparison 88

Comparison Groups Industry Company 88

American Banker

JANUARY 31, 2024

In this month's roundup of top banking news: Truist Financial announces plans to shutter 4% of branch network, Fiserv pursues a special-purpose bank charter, Wells Fargo distributes a $1,000 bonus to lower-paid employees and more.

America 85

America Payments 85

CFPB Monitor

JANUARY 31, 2024

In a blog post published earlier this week titled “The CFPB’s enforcement work in 2023 and what lies ahead,” the CFPB discussed its 2023 enforcement activity and highlighted its plans to expand its enforcement capacity in 2024. The CFPB indicated that in 2023, it filed 29 enforcement actions and resolved through final orders 6 previously-filed lawsuits. .

78

78

American Banker

JANUARY 31, 2024

Large and regional banks are taking different approaches to buybacks in light of the proposed new capital rules. Some plan to buy back stock at moderate levels this year, while others say they will to remain on the sidelines until there is more clarity about the reforms.

Regional 83

Regional Capital Compliance Regulation 83

Advertisement

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

CFPB Monitor

JANUARY 31, 2024

The scope of national bank preemption is currently before the U.S. Supreme Court in Cantero v. Bank of America, N.A. A New York statute requires the payment of interest on mortgage escrow accounts and the question before the Supreme Court is whether the National Bank Act (NBA) preempts application of the New York statute to national banks. .

National 78

National New York America Payments 78

American Banker

JANUARY 31, 2024

Visa will be the payment partner for the 2026 World Cup and other events, companies in Canada are teaming up to promote open banking for credit unions, and more.

Payments 85

Payments Company Technology 85

BankInovation

JANUARY 31, 2024

Buy now, pay later provider Sunbit has raised $310 million from Citi and Ares Management credit funds for a debt warehouse facility. The company aims to use the money to deepen its penetration in automotive, dental and health care industries, co-founder and Chief Executive Arad Levertov told Bank Automation News.

Industry 66

Industry Management Company Payments 66

American Banker

JANUARY 31, 2024

The risk of harm to users' financial health is much greater with direct-to-consumer advances than it is from earned wage access programs.

Policies 83

Policies Compliance Regulation Fintech 83

Advertisement

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

Report

BankInovation

JANUARY 31, 2024

Google and Microsoft continued to roll out AI and generative AI-driven products as cloud revenue increased at both companies to close out 2023. Cloud revenue at Google reached $9 billion in Q4, up 26% year over year, according to its earnings release.

Google 66

Google Leadership Company 66

ATM Marketplace

JANUARY 31, 2024

Learn how to define your self-service objectives, understand key strategic steps in the ITM implementation process, explore functional considerations like staffing and core integration, dig into customer adoption and employee advocacy, and get actionable advice from financial industry leaders overseeing successful ITM deployments.

Strategy 64

Strategy Industry How To 64

BankInovation

JANUARY 31, 2024

Luther Liang, director of product at Grasshopper Bank, will speak at Bank Automation Summit U.S. 2024 about new approaches to robotic process automation. Bank Automation Summit U.S. 2024 takes place March 18-19 at the Omni Nashville in Nashville, Tenn., and brings together industry experts to discuss innovation in AI, RPA, automation, machine learning and more.

Nashville 63

Nashville Innovation Industry Digital Banking 63

TheGuardian

JANUARY 31, 2024

Central bank said it was not appropriate to cut rates until it has ‘greater confidence that inflation is moving sustainably toward 2%’ The US Federal Reserve held interest rates steady for another month as the US inflation rate continues to fade from its highest level in a generation. Policymakers at the central bank, who have signaled they expect to cut rates three times this year, opted to keep rates steady at a 23-year high after their first two-day meeting of 2024.

US 67

US Meeting 67

Advertisement

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.

Lending

American Banker

JANUARY 31, 2024

U.S. consumers remain healthy despite several factors that weigh on their spending, said CEO Michael Miebach.

Payments 87

Payments 87

Realwired Appraisal Management Blog

JANUARY 31, 2024

Platforms like YouConnect will play a pivotal role in successful remote work strategy for Chief Appraisers. As a Chief Appraisers or appraisal firm owner working remotely, how would you score your team’s effectiveness, productivity and happiness?

Strategy 59

Strategy 59

Qudos Bank

JANUARY 31, 2024

Whether you’re looking to save on interest fees or seeking more flexible terms, refinancing your home loan could be the right move to optimise your financial standing. In fact, refinancing has led to an upwards trend among Australians in the past three years and hitting a soaring rate of 13.8% in the 2023 financial year [1]. If you’re looking to refinance for 2024, we’ve broken down your top five questions to consider, helping you make the best choice for your homeowner needs.

Meeting 52

Meeting Marketing Video Online 52

American Banker

JANUARY 31, 2024

In this month's roundup of popular tech news: SEC responds to successful hack on its X account, community banks get closer to fintech hubs, the Office of the Comptroller of the Currency weighs in on Blue Ridge Bancshares and more.

Fintech 60

Fintech Community Bank Community Industry 60

Advertisement

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.

Lending

The Paypers

JANUARY 31, 2024

Fintech Galaxy has announced the launch of FINX Comply, a set of Open Banking compliance services for customers and clients in the region of the UAE.

Fintech 48

Fintech Regional Compliance 48

American Banker

JANUARY 31, 2024

The parent company of Flagstar Bank surprised investors by slashing its dividend, charging off two large real-estate loans and preparing for more trouble in the office and multifamily sectors.

New York 60

New York Community Company Lending 60

The Paypers

JANUARY 31, 2024

SellersFi has launched a financial solution with Amazon Lending to provide ecommerce sellers and customers with more secure capital to grow their businesses.

Lending 45

Lending Capital Security 45

American Banker

JANUARY 31, 2024

The Seattle-based buyer now expects to finalize the deal in February, gaining entrance to California and eclipsing $30 billion of assets. The acquisition had initially been slated to close in mid-2023.

Seattle 45

Seattle California Security Community Bank 45

Advertisement

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.

Compliance