Payments Dive

JUNE 28, 2023

The Federal Reserve’s new instant payments system is confronting disinformation as it gears up for a launch, likely late next month.

System 459

System Payments 459

Abrigo

JUNE 28, 2023

Share these reports on AML activities to inform directors Reporting to the board on AML and fraud compliance is an essential obligation. Here are several types of reports that provide vital information. You might also be interested in this AML/CFT risk assessment checklist. DOWNLOAD Takeaway 1 Board members have a responsibility to maintain a safe and sound financial institution, and they rely on the BSA Officer's reports to help.

Compliance 195

Compliance Fraud Report Trends 195

Payments Dive

JUNE 28, 2023

The card aimed at providing more financial services to merchants comes amid a slew of competition to serve that clientele.

Cards 221

Cards 221

Gonzobanker

JUNE 28, 2023

The Flexpoint Ford deal looks good, but there are some things to keep an eye on Baker Hill , a provider of cloud-based, end-to-end loan origination, risk management and analytics software, recently announced that Flexpoint Ford , a private equity firm specializing in investments in the financial services and healthcare industries, agreed to acquire the company.

Fintech 148

Fintech Risk Management Lending Software 148

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

CFPB Monitor

JUNE 28, 2023

Less than a week after announcing that it had filed a civil case against Amazon alleging that the company used “dark patterns” to enroll people in its Prime program, the FTC announced that it has entered into a settlement with Publishers Clearing House (PCH) to settle charges involving PCH’s use of “dark patterns.” .

Company 145

Company 145

CFPB Monitor

JUNE 28, 2023

On June 13, Nevada’s governor signed into law Senate Bill 290 creating the nation’s first statutory framework for earned wage access (EWA) providers operating in the state. The law appoints the state’s Commissioner of Financial Institutions to oversee the industry. Earned wage access products allow consumers to access their earned wages before their scheduled pay date. .

Nevada 78

Nevada Regulation Operations Industry 78

American Banker

JUNE 28, 2023

The Federal Reserve's highly anticipated stress tests indicate that all banks are sufficiently capitalized to weather an economic downturn, but midsize banks were among those with the lowest minimum capital levels.

Regional 83

Regional Capital Policies Compliance 83

CFPB Monitor

JUNE 28, 2023

The CFPB has filed an amicus brief in the U.S. Court of Appeals for the Second Circuit in a private lawsuit brought by a group of eight Black and Hispanic plaintiffs who alleged that the named defendants, which included a bank and its affiliated mortgage company, violated the Equal Credit Opportunity Act (ECOA) and other laws by targeting Black and Hispanic borrowers and neighborhoods with predatory mortgage loans.

Groups 78

Groups Company Lending 78

The Paypers

JUNE 28, 2023

KTC and Ant Group have partnered to launch Alipay+ to Thai merchants, enabling them to accept multinational payments from tourists from China, Hong Kong, Malaysia, and South Korea.

Groups 73

Groups Payments 73

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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

American Banker

JUNE 28, 2023

A new inspector general report suggests that grifts were more pervasive than has previously been reported. The Small Business Administration, which drew blame in the watchdog report, took issue with the findings.

Fraud 74

Fraud Report Lending 74

BankInovation

JUNE 28, 2023

Santander Bank invested in SaaS platform Komgo to bolster its digital trade finance offering. Geneva-based Komgo provides digital trade financing options that reduce friction for cross-border payments arising due to paperwork, according to Doug Court, head of marketing and brand communications at Komgo.

Branding 52

Branding Marketing Payments Google 52

American Banker

JUNE 28, 2023

When consumers can't figure out how to discontinue a video-streaming app or other service, they sometimes initiate a merchant dispute — a costly process that the card network aims to curtail.

Tools 68

Tools Video Cards How To 68

TheGuardian

JUNE 28, 2023

My wife and I trust one another with our finances, but we have never opened a shared account. When it comes to a happy marriage, there is an easier way. A few years ago I had a terrible shock: a bank statement arrived at my house with an extremely large number on it. According to this letter, I was filthy rich! I stared at the statement for a long time.

Bitcoin 57

Bitcoin 57

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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

Report

American Banker

JUNE 28, 2023

Younger customers want personalized engagement, including in their music playlists, experts said at American Banker's recent Digital Banking conference.

Meeting 68

Meeting Conference Digital Banking Marketing 68

BankInovation

JUNE 28, 2023

Financial institutions often grapple with the decision of buy or build new technology, however that question may evolve — or rather dissolve — with the advancement of AI.

Fintech 52

Fintech Management Technology 52

American Banker

JUNE 28, 2023

Wise bank managers make sure that they are training employees for their next roles, and creating a deep bench of versatile talent.

Training 74

Training Management 74

BankInovation

JUNE 28, 2023

Banks are exploring use cases for large language models to fight fraud as the technology’s ability to detect patterns in data and natural language is rapidly improving.

Fraud 52

Fraud Data Payments 52

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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.

Lending

American Banker

JUNE 28, 2023

This week in global news, U.K. payment regs draw fire, Alipay expands, Italy considers a central bank digital currency and more.

Payments 69

Payments 69

TheGuardian

JUNE 28, 2023

Between 30,000 and 35,000 staff likely to leave combined group this year, according to report The Swiss investment bank UBS is reportedly preparing to cut more than half the 45,000 staff it inherited from the takeover of stricken rival Credit Suisse , in a move that is expected to begin as early as next month. Insiders have indicated that between 30,000 and 35,000 staff are likely to leave the combined organisation this year in three rounds of cuts beginning in July, according to Bloomberg News.

Groups 52

Groups Report 52

ATM Marketplace

JUNE 28, 2023

Largest inventory of stocked ATM parts in the industry, new and remanufactured.

ATM 75

ATM Industry 75

American Banker

JUNE 28, 2023

Vantage Bank of Texas will be allowed to add a new branch in Houston, but Fed Gov. Michelle Bowman said the episode highlights the need for new policies around assessing public commentary.

Houston 36

Houston Texas Policies Compliance 36

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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.

Lending

ATM Marketplace

JUNE 28, 2023

Our team of Field Service Engineers will maximize customer interactions at the point of transaction by keeping your ATM fleet free of unsightly pollen, dust and dirt! A clean ATM service area will not only enhance customer experience, but it will also boost brand equity!

ATM 48

ATM Customer Experience Branding 48

American Banker

JUNE 28, 2023

The startup processes more than $10 billion of purchases annually and was among the first digital lending platforms in India to provide short-term working capital for small or family-owned merchants.

Innovation 36

Innovation Fintech Lending Capital 36

ATM Marketplace

JUNE 28, 2023

ACG proudly provides financial institution solutions and has for over 30 years. Offering a wide range of branch equipment, supplies and service. We are known for our dependable quality, value and life cycle support long after your purchase.

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48

Image Works Direct

JUNE 28, 2023

We’ve been enjoying life in the office and outside it. Over the last year, there’s been a wedding, engagement, graduation, baby and more. On top of all that, image.works is celebrating 25 years of making marketers’ lives easier. Here’s the latest news!

Marketing 36

Marketing 36

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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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