Jack Henry

AUGUST 15, 2023

In a recent survey of more than 200 bank and credit union CEOs, 95% of respondents said they plan to enhance their lending capabilities over the next two years. Priorities diverge sharply and predictably between banks and credit unions given their differences in commercial versus consumer focus. For banks, digitizing loan applications and implementing a single, end-to-end loan platform for commercial and retail lending take precedence.

Lending 78

Lending Survey Retail Management 78

Payments Dive

AUGUST 15, 2023

The new leader may benefit the digital payments pioneer by focusing on small and mid-sized clients.

Payments 317

Payments 317

ATM Marketplace

AUGUST 15, 2023

The ATM industry, typically a fairly conservative industry, has been experiencing major changes this year. One such change is NCR's separation into two companies. Let's take a closer look at what this means for the industry.

Company 98

Company ATM Industry 98

Payments Dive

AUGUST 15, 2023

Early Warning Services appointed a new CEO just as it's rolling out a new digital wallet and facing scrutiny from lawmakers and regulators.

Regulation 195

Regulation 195

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

AUGUST 15, 2023

We previously wrote about a Ninth Circuit appeal dealing with the use of bellwether procedures to resolve mass arbitration claims brought by thousands of customers against Verizon Wireless. That appeal remains pending and is scheduled for oral argument in September. In the meantime, however, a California federal district court has denied Ticketmaster’s motion to compel arbitration of Sherman Act antitrust claims based in large part on the bellwether procedures for mass arbitration claims set f

California 78

California 78

CFPB Monitor

AUGUST 15, 2023

A Texas credit union and two credit union trade associations have been granted leave to intervene in the lawsuit challenging the CFPB’s final small business lending rule (Rule) that is pending in a Texas federal district court. The Unopposed Emergency Motion for Leave to Intervene was filed by Rally Credit Union (Rally), a Texas-chartered credit union, the Credit Union National Association (CUNA), a national credit union trade association, and Cornerstone Credit Union League (CCUL), a regional

Texas 78

Texas Lending Kentucky National 78

American Banker

AUGUST 15, 2023

The SEC and CFTC charged 11 Wall Street firms $549 million in penalties over recordkeeping violations. The agencies vow to continue enforcing compliance throughout the industry.

Compliance 69

Compliance Industry Technology Regulation 69

The Paypers

AUGUST 15, 2023

HAYVN Pay, a global cryptocurrency payments provider, has partnered with luxury travel company Gayo Aviation , to integrate cryptocurrency payments into the latter’s services.

cryptocurrency 68

cryptocurrency Payments Company 68

American Banker

AUGUST 15, 2023

The Consumer Financial Protection Bureau plans to propose rules to require that data brokers comply with the Fair Credit Reporting Act to limit the sale of data from being sold for any reason other than what Congress has specified as having a "permissible purpose," such as credit underwriting.

Data 69

Data Report Policies Compliance 69

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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

AUGUST 15, 2023

First Internet Bank selected Narmi, a digital banking solution provider, to help clients open business accounts digitally, last month. The move has helped the $4.5 billion bank decrease the time needed to open a business account by 65%, Craig Fortner, chief information officer at Firs4t Internet Bank, told Bank Automation News.

Digital Banking 52

Digital Banking 52

American Banker

AUGUST 15, 2023

Community bankers anticipate that interest rates could soon level off and the broader economy may avert a downturn as a result. If that forecast proves true, lenders could minimize credit losses and enjoy stronger loan demand than they had expected earlier in the year.

Community 69

Community Community Bank Lending 69

The Paypers

AUGUST 15, 2023

Checkout finance platform, Deko , has announced a BNPLaaS partnership with Aero Commerce , aiming to strengthen the latter’s ecommerce platform offerings and technological capabilities.

Technology 36

Technology 36

American Banker

AUGUST 15, 2023

The credit-reporting agency was fined $650,000 for sending customers marketing emails without an option to unsubscribe. Financial institutions are subject to the same law, called the CAN-SPAM Act.

Marketing 68

Marketing Report Compliance Regulation 68

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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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The Paypers

AUGUST 15, 2023

Nigeria-based Wema Bank has announced a partnership with Enza aiming to leverage the latter’s payments solution to enhance its ecommerce payment capabilities.

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Groups Payments 36

American Banker

AUGUST 15, 2023

Under the proposal being considered by the agency, recipients of public benefits would be unable to enjoy the same access to their financial data given to other citizens.

Data 69

Data Industry Compliance Regulation 69

The Paypers

AUGUST 15, 2023

UNest has teamed up with digital marketing platform Wealthtender to launch UNest FinPro, a programme dedicated to financial advisors who serve growing families.

Marketing 36

Marketing 36

American Banker

AUGUST 15, 2023

The verdict ends a decade-long lawsuit over the Federal Housing Finance Agency's amendment to a stock repurchase agreement in 2012.

Marketing 68

Marketing 68

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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

The Paypers

AUGUST 15, 2023

Mastercard has announced the launch of Mastercard Strive India, aiming to enable small businesses in the country to succeed within the digital economy by 2025.

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American Banker

AUGUST 15, 2023

President and COO Dave Glaser discusses his company's strategy as demand builds for services that could stress older systems.

Strategy 69

Strategy System Payments Company 69

The Paypers

AUGUST 15, 2023

Financial services technology company FIS has shown that UK banks are more resilient to turbulent market conditions than US banks in newly published research.

US 36

US Technology Marketing Company 36

American Banker

AUGUST 15, 2023

The Basel III: Endgame proposal, as well as forthcoming proposals on living wills, uninsured deposits and long-term debt are coming as banks' interest rate margins are getting slimmer, loan demand is weakening and bank credit seems headed for a downgrade. That's a lot of headwinds for the banking industry.

Capital 36

Capital Regulation Industry Policies 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

The Paypers

AUGUST 15, 2023

US-based PULSE has extended its partnership with global analytics software provider FICO to minimise losses and risk exposure for financial institutions.

Analytics 36

Analytics Software US 36

American Banker

AUGUST 15, 2023

Forthcoming regulations to strengthen capital buffers and resolution processes for large regional banks are sparking debate about those proposals' efficacy and compounding existing problems for regional banks around stability and funding costs.

Groups 36

Groups Regional Regulation Capital 36

The Paypers

AUGUST 15, 2023

Funding Societies , a unified SME digital finance platform, has partnered with CGC Digital to provide digital supply chain finance to MSMEs in Malaysia.

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American Banker

AUGUST 15, 2023

JPMorgan Chase, Wells Fargo and TD Auto Finance all see opportunities in providing financing to dealers for inventory, the purchase of competitors and the addition of infrastructure for electric vehicle sales. Two other banks recently said they're exiting the business, which could provide a further opening.

Strategy 36

Strategy Lending 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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