BankBazaar

NOVEMBER 7, 2023

Credit C ard churning is a rewarding practice if you can effectively manage the risks and challenges it presents. However, it ’ s essential to approach it with a responsible and informed mindset. Credit Card churning is a practice that has gained popularity among savvy consumers looking to make the most of their Credit Card spending. It involves strategically opening and closing Credit Card accounts to take advantage of welcome bonuses, rewards programmes, and other perks offered by Credit Car

Cards 78

Cards Meeting Management Retail 78

Payments Dive

NOVEMBER 7, 2023

Fidelity National Information Services took an accounting hit against its third-quarter results as it prepares to cast off its Worldpay unit early next year.

National 370

National 370

South State Correspondent

NOVEMBER 7, 2023

We review hundreds of term sheets and proposals for commercial borrowers each month. One successful loan proposal tactic for community banks to improve their acceptance rate is to embrace the old marketing rule of the “power of three.” We often see banks proposing one or two options for a commercial borrower, and often, the options presented to the borrower are ones that are most prevalent and acceptable at the bank but not necessarily the option that may fit the borrower’s n

Community 195

Community Comparison Tools Marketing 195

Payments Dive

NOVEMBER 7, 2023

As international groups examine cross-border payment challenges, consumers and small businesses are worried about the costs and risks associated with sending money or receiving funds internationally.

Report 273

Report Payments Groups 273

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

ATM Marketplace

NOVEMBER 7, 2023

Digital wallets continue to transform the way we pay for goods and services. These convenient and secure payment methods are becoming increasingly popular, and they are having a major impact on the payments landscape.

Security 111

Security Payments 111

Commercial Lending USA

NOVEMBER 7, 2023

In the dynamic world of hospitality, embarking on a journey of hotel ownership can be a highly rewarding venture. Yet, this path often demands substantial financial investments.

Lending 98

Lending 98

Payments Dive

NOVEMBER 7, 2023

Google, Apple and 15 other big non-bank technology companies that provide digital wallets or payments apps would be subject to increased regulation if a new Consumer Financial Protection Bureau rule is approved.

Payments 221

Payments Apple Google Regulation 221

CFPB Monitor

NOVEMBER 7, 2023

Fifteen trade groups have joined in a letter to the CFPB requesting an extension of the comment period on the CFPB’s proposed rulemaking on personal financial data rights. The proposal implements Section 1033 of the Dodd-Frank Act which authorizes the CFPB to issue rules requiring “a covered person [to] make available to a consumer, upon request, information in the control or possession of such person concerning the consumer financial product or service that the consumer obtained from such cove

Groups 78

Groups Data 78

American Banker

NOVEMBER 7, 2023

As U.S. credit card balances continue to march above $1 trillion, the number of newly delinquent credit card users now exceeds the pre-pandemic average and millennials and those with student or auto loans are driving the increase in past-due payments, the New York Fed said.

New York 85

New York Cards Millennials Payments 85

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

NOVEMBER 7, 2023

In a November 1, 2023 blog post titled “Servicemembers continue to face major financial challenges,” the Consumer Financial Protection Bureau highlighted three areas where it is working to secure protections for servicemembers, including the Servicemembers Civil Relief Act’s (“SCRA”) 6% interest rate cap, restrictions on the use of military allotments, and efforts to protect servicemembers from identity theft. .

Security 78

Security 78

American Banker

NOVEMBER 7, 2023

The San Carlos, California, consumer lender said it's "exploring strategic options" for its credit card portfolio, discontinuing its investment and retirement products and sunsetting a partnership with Sezzle in addition to embarking on a new round of job cuts.

California 81

California Cards Management Lending 81

BankInovation

NOVEMBER 7, 2023

The Consumer Financial Protection Bureau proposed a new rule today that would subject large nonbank companies, including digital wallet providers and payments apps, to undergo the same supervisory exam process as banks — leveling the payments playing field.

Payments 66

Payments Company Regulation 66

American Banker

NOVEMBER 7, 2023

As banks increasingly explore the applications of generative artificial intelligence, regulators are deliberating about the systemic risks that the technology may pose because of their unpredictability, the potential for herd behavior, replication of human biases, and AI's inability to predict extreme scenarios.

Regulation 79

Regulation System Technology Policies 79

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

The Paypers

NOVEMBER 7, 2023

US-based tax technology provider Vertex has entered a collaboration with Canada-based commerce platform Shopify to automate tax calculation and compliance for merchants.

Taxes 73

Taxes Compliance US Technology 73

American Banker

NOVEMBER 7, 2023

A.E.A. Federal Credit Union in Yuma said it would acquire West Valley National Bank in a bid to expand into Phoenix and Las Vegas.

Las Vegas 89

Las Vegas Arizona Phoenix National 89

BankInovation

NOVEMBER 7, 2023

Payments giant FIS saw dozens of bank customers looking to join FedNow as the adoption of real-time payments grew in the third quarter. “We are encouraged by the interest we are seeing related to the rollout of FedNow,” Chief Executive Stephanie Ferris said during the company’s Q3 earnings call today.

Payments 61

Payments Digital Banking 61

Realwired Appraisal Management Blog

NOVEMBER 7, 2023

Our valuation industry is largely uninspired, lacks enthusiasm and faces diminishing relevancy. I may be wrong, but I don’t think so. I started a podcast. You might be thinking, “great, yet another podcast.” You might be right. Podcasts don’t do anything. Plus, my speaking skills aren’t the best. But we need to DO something.

Industry 59

Industry 59

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

BankInovation

NOVEMBER 7, 2023

Financial institutions are investing in AI and, as they do, they must consider application, talent and regulation. Card issuing fintech Mission Lane has created an internal framework to help implement new technologies, including AI, head of engineering and technology Mike Lempner tells Bank Automation News on this episode of “The Buzz” podcast.

Regulation 59

Regulation Fintech Cards Technology 59

American Banker

NOVEMBER 7, 2023

The new rules also expand the use of "proven protections," such as multifactor authentication, according to Adrienne Harris, superintendent of the New York State Department of Financial Services.

New York 54

New York Report Payments Cyber Security 54

BankInovation

NOVEMBER 7, 2023

For years, Dutch payments fintech Adyen NV’s founders and management ran things their own way, thanks to some blowout growth. During its listing in 2018 they didn’t feel the need to pre-brief investors — the shares doubled in the first two hours of trading all the same, making one of the founders an instant billionaire.

Fintech 59

Fintech Management Payments 59

TheGuardian

NOVEMBER 7, 2023

Swiss banking group has cut 13,000 jobs this year as it recovers from rushed rescue deal Business live – latest updates UBS has reported a $785m (£637m) quarterly loss, its first in nearly six years, as the Swiss banking group counted the costs of rescuing its rival Credit Suisse earlier this year. The loss was nearly double the $444m that analysts had forecast, with UBS saying it would have reported profits worth $844m in the third quarter had it not been for the $2bn in expenses linked to the

Report 51

Report Groups 51

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

BankInovation

NOVEMBER 7, 2023

Bank Automation News is pleased to announce that Bank Automation Summit U.S. 2024 will take place March 18-19 in Nashville, Tenn., at the Omni Nashville.

Nashville 61

Nashville Strategy Industry 61

The Paypers

NOVEMBER 7, 2023

Denmark-based Openpay has announced its partnership with Yapily , an Open Banking API provider, to facilitate optimised cross-border, P2P money transfers in Europe.

54

54

American Banker

NOVEMBER 7, 2023

After three decades of relying on large retailers like Macy's to promote its private-label credit services, the bank is taking its point-of-sale financing to smaller merchants via platforms like Shopify.

Retail 50

Retail Payments 50

Javelin Strategy & Research

NOVEMBER 7, 2023

Banner Section Home Rss.xml 2024 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge. Open Positions Accordian Reports Section 2024 Trends & Predictions: Digital Wealth — Advisor Javelin Report Date: November 7, 2023 Authors: William Trout , Greg O'Gara , Di

Trends 45

Trends Fraud Digital Banking Strategy 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