Jack Henry

APRIL 22, 2024

The Magic 8 Ball might be the easiest fortune-telling device available. You simply ask it a question, shake it, then read its response through the little window.

Technology 88

Technology Digital Banking Strategy Lending 88

Payments Dive

APRIL 22, 2024

The Federal Reserve is stressing the importance of fintechs and core providers for the future expansion of its new instant payments system FedNow.

Fintech 476

Fintech System Payments 476

South State Correspondent

APRIL 22, 2024

In a few short months, stronger economic data (higher GDP, stronger job market, and stubborn inflation) changed the market’s and the Fed’s view on the future path of interest rates. The market and the Fed are now aligning on only one rate cut in 2024 – obviously this will change over the course of the year as the economic data evolves. The market, and most economists, often get interest rate predictions wrong.

Marketing 195

Marketing St. Louis Analysis Study 195

Payments Dive

APRIL 22, 2024

The CFPB report put gaming companies on notice that the long-expected regulatory scrutiny has arrived, according to professionals involved in the industry.

Industry 195

Industry Video Report Company 195

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

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American Banker

APRIL 22, 2024

Banks reported nearly $27 billion had been tied up in scams or theft against elderly people in a recent 12-month period, according to a report from the U.S. Treasury.

Report 83

Report Fraud Technology 83

BankInovation

APRIL 22, 2024

Truist Bank expects to continue investing in technology to save money as it restructures. “We continue to see improvements in productivity due to investments in technology,” Chief Executive William Rogers said today during Truist’s first-quarter earnings call.

Technology 71

Technology Digital Banking Retail 71

American Banker

APRIL 22, 2024

The bank will use biometric authentication to streamline checkout in stores starting in 2025. It has already completed internal and external pilots of the technology.

Payments 81

Payments Technology 81

TheGuardian

APRIL 22, 2024

The Jubilee 2000 saw $130bn of debt written off, and yet we now find ourselves in a renewed global debt crisis, says Maria Finnerty of Cafod The Guardian is right to identify the global sovereign debt crisis as one of the most critical impediments to sustainable development today ( Editorial,16 April ). Debt relief is urgently needed, but we must also learn the lessons of history.

Meeting 79

Meeting Tools Strategy National 79

American Banker

APRIL 22, 2024

With financial crime surging worldwide, it is critical that the public and private sectors align on a shared vision to collectively focus on combating bad actors and to eliminate their ability to launder the proceeds of criminal activity.

Regulation 78

Regulation Compliance 78

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The Paypers

APRIL 22, 2024

Lithuania-based fintech Paysera has incorporated in its app the ability to directly invest in crowdfunded real estate rental projects on the InRento platform.

Fintech 78

Fintech 78

American Banker

APRIL 22, 2024

After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.

North Carolina 74

North Carolina Charlotte Report Company 74

The Paypers

APRIL 22, 2024

The UK’s Metropolitan Police has announced that it infiltrated LabHost, a fraud website leveraged by criminals to scam individuals into handing over their personal data.

Fraud 74

Fraud Data 74

American Banker

APRIL 22, 2024

While banks with less than $10 billion of total assets would not be forced to comply with the $14 cap, many would adopt it or make other changes to stay competitive with larger banks, survey finds.

Survey 57

Survey Compliance Regulation 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

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The Paypers

APRIL 22, 2024

Nigeria-based blockchain payments startup Ivorypay has formed a partnership with stablecoin issuer Tether to offer digital transactions to more consumers across Africa.

blockchain 45

blockchain Payments 45

American Banker

APRIL 22, 2024

The Federal Deposit Insurance Corp. says it's ready to wind down the global systemically important banks. But until that happens, many in the banking industry are skeptical that regulators have actually developed a workable strategy to end "too big to fail.

FDIC 41

FDIC Marketing Regulation Strategy 41

The Paypers

APRIL 22, 2024

Brankas has been licenced for Account Information Services (AInS) after the company secured Payment Service Provider (PJP) Category 2 license by Bank Indonesia (BI).

Security 45

Security Payments Company 45

American Banker

APRIL 22, 2024

Two Securities and Exchange Commission lawyers stepped down this month after a federal judge sanctioned and sharply rebuked the Wall Street regulator for "gross abuse" of power in a crypto case.

Regulation 36

Regulation Security cryptocurrency Compliance 36

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The Paypers

APRIL 22, 2024

Money movement platform TabaPay has announced that it will acquire the assets of Synapse Financial Technologies , as part of its product expansion strategy.

Financial Technology 45

Financial Technology Technology Strategy 45

American Banker

APRIL 22, 2024

The Federal Reserve's Office of the Inspector General says the Fed has yet to fulfill 65 recommendations, and also identified 18 outstanding issues at the Consumer Financial Protection Bureau.

Security 36

Security Policies Compliance Regulation 36

The Paypers

APRIL 22, 2024

UK-based Trulioo has announced that it joined forces with Nium , a real-time cross-border payments provider, allowing the latter to integrate its Person Match identity verification feature.

Payments 41

Payments 41

American Banker

APRIL 22, 2024

While the deal price is expected to be immaterial, it's another piece of the consumer empire Goldman once dreamed of that the bank is now scaling back.

Industry 36

Industry 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

APRIL 22, 2024

Sweden-based live video shopping provider Bambuser has announced its partnership with Klarna , with the company acquiring the latter’s virtual shopping solution.

Video 41

Video Company 41

The Financial Brand

APRIL 22, 2024

This article Why Banks Risk Data Chaos by Rushing Into AI for CRM appeared first on The Financial Brand. Poorly trained AI-driven CRM could lead to unchecked inaccuracies due to hallucinations, leaks of sensitive customer data, and create unintended discriminatory behavior. This article Why Banks Risk Data Chaos by Rushing Into AI for CRM appeared first on The Financial Brand.

Data 34

Data Training Branding Fintech 34

The Paypers

APRIL 22, 2024

Nu Holdings , a digital financial services platform, has announced that it intends to increase Nu Mexico ’s equity capitalisation by nearly USD 100 million.

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The Financial Brand

APRIL 22, 2024

This article How the Mastercard/Visa Settlement with Retailers Could Remake the Payments Business appeared first on The Financial Brand. Settlement of a lawsuit that began in 2005 will shift the balance of power in how consumers pay merchants. This article How the Mastercard/Visa Settlement with Retailers Could Remake the Payments Business appeared first on The Financial Brand.

Retail 32

Retail Payments Branding Banking Trends 32

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