Payments Dive

JUNE 26, 2023

With new leadership installed since October, including a new CEO and board member, Alivia Analytics is fighting payments fraud in the healthcare sector.

Analytics 418

Analytics Fraud Leadership Payments 418

Accenture

JUNE 26, 2023

Banks and other incumbent payment players face an intriguing paradox right now. They must innovate to stay relevant, but their discretionary budgets for innovation are limited. They must find a way to do more with less. Rapid growth in the payments market, which is attracting a wide range of new value propositions and competitors, adds… The post 3 efficient ways to win the payments innovation race appeared first on Accenture Banking Blog.

Innovation 290

Innovation Payments Marketing Trends 290

Payments Dive

JUNE 26, 2023

PayNearMe recently conducted a survey of lenders to determine how they are perceiving and preparing their organizations for this period of economic uncertainty.

Survey 370

Survey Payments 370

BankInovation

JUNE 26, 2023

Vetting new technology and jumping through compliance hoops is nothing new for financial institutions — and implementing AI should be no different. In theory. As technology advances and large language models (LLM) improve daily, financial institutions (FI) are finding new applications for it.

Compliance 98

Compliance Technology 98

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

JUNE 26, 2023

The fee, paid by guests making orders of $10 or higher, will help fund Toast’s product investments and innovation, the company said.

Online 243

Online Innovation Company 243

Payments Dive

JUNE 26, 2023

Police confirm the gunman’s father used a credit card to pay for part of a transaction that included the weapon purchase.

New Mexico 221

New Mexico Cards 221

CFPB Monitor

JUNE 26, 2023

The FTC has filed an amicus brief in support of the CFPB’s appeal to the U.S. Court of Appeals for the Seventh Circuit from the district court’s decision in the CFPB’s enforcement action against Townstone Mortgage (Townstone). In the case, the district court ruled that a redlining claim may not be brought under the Equal Credit Opportunity Act (ECOA) because the statute only applies to applicants.

Groups 78

Groups Lending 78

William Mills

JUNE 26, 2023

Our CEO, William Mills, attended this year's FinovateSpring in San Francisco and sat down with leading fintech and financial services innovators to examine the latest technological advancements in the industry. Watch the full interview series below.

San Francisco 85

San Francisco Video Fintech Innovation 85

CFPB Monitor

JUNE 26, 2023

Last week, the FTC filed a civil case against Amazon alleging that the company used “dark patterns” to enroll people in its Prime program. The case continues a pattern initiated by FTC Chair Lina Khan of challenging web-based marketing tactics of consumer-facing businesses as deceptive and anticompetitive on the grounds that they impede consumer choice and can be used by dominant firms as a tactic to exclude competitors. .

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Marketing Company 78

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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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American Banker

JUNE 26, 2023

Measurements of financed emissions are currently plagued by differing methodologies and time lags in corporate climate disclosures, according to a new report by an environmental advocacy group.

Report 85

Report Groups Data 85

CFPB Monitor

JUNE 26, 2023

In CFPB v. Law Offices of Crystal Moroney , a three-judge panel of the U.S. Court of Appeals for the Second Circuit unanimously ruled in March 2023 that the CFPB’s funding structure does not violate the Appropriations Clause of the U.S. Constitution and rejected Moroney’s attempt to invalidate the CFPB’s civil investigative demand issued to Moroney. .

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TheGuardian

JUNE 26, 2023

The bank, which aims to move to the former head office of BT, says it wants to reduce its global office space by 40% HSBC is to move out of its global headquarters in Canary Wharf after more than two decades to considerably smaller offices in the City of London, in response to post-pandemic hybrid working arrangements and a cost-cutting drive. The financial services giant, which had up to 8,000 staff at the 45-floor tower at Canada Square during peak times before the pandemic, is to move to the

Company 75

Company 75

CFPB Monitor

JUNE 26, 2023

On June 16, 2023, Michael J. Hsu, Acting Comptroller of the Currency delivered remarks to the American Bankers Association Risk and Compliance Conference in San Antonio, Texas. In his remarks, Hsu discussed both the benefits and risks of artificial intelligence (“AI”) and tokenization. The core of Hsu’s remarks is that, given the rapid innovation of AI and tokenization in banking, banks should closely work with regulators to manage technological risks.

San Antonio 78

San Antonio Texas Conference Compliance 78

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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 26, 2023

The heads of the Federal Reserve and Federal Deposit Insurance Corp. say upcoming capital proposals won't be implemented for years, but banks tend to move fast to get ahead of upcoming changes.

Capital 67

Capital Regulation Policies Compliance 67

The Paypers

JUNE 26, 2023

Vietnam-based e-wallet ZaloPay , part of the VNG Corporation digital ecosystem, has announced a partnership with Canada-based commerce platform Shopify.

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68

American Banker

JUNE 26, 2023

JPMorgan Chase, Regions Financial and TD Bank Group are among those deploying technology to level the playing field for customers of varied abilities.

Video 74

Video Innovation Regional Cards 74

The Paypers

JUNE 26, 2023

Singapore-based cryptocurrency exchange Crypto.com has become registered as a Virtual Asset Service Provider in Spain.

cryptocurrency 68

cryptocurrency 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

American Banker

JUNE 26, 2023

The instant-payments rail, which was set to go live this month, has postponed its launch indefinitely. Experts say it's having trouble keeping the interest of the country's major banks.

Payments 71

Payments Policies 71

TheGuardian

JUNE 26, 2023

HSBC is to vacate its ‘tower of doom’ – can Canary Wharf reinvent itself in the post-pandemic era? Farewell to the “tower of doom”, hello to views of St Paul’s. One suspects a majority of the 8,000 inhabitants of HSBC’s 42-storey global head office in Canary Wharf will be delighted by the prospect, in late 2026, of a move westwards to a redeveloped former BT building near the cathedral.

Groups 50

Groups Marketing 50

American Banker

JUNE 26, 2023

Small-business owners need more help from financial services companies when it comes to making major decisions about their companies' future.

Company 74

Company 74

The Paypers

JUNE 26, 2023

Norway-based Commercial Banking Applications (CBA) has confirmed that all user banks have implemented its IBAS GBF solution, guaranteeing compliance with SWIFT ISO 20022.

Compliance 45

Compliance 45

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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

American Banker

JUNE 26, 2023

The category shifted into high gear during the first quarter, but experts predict a severe slowdown based on a growing number of economic concerns.

Lending 69

Lending 69

The Paypers

JUNE 26, 2023

Information services company Experian has rolled out 4D Credit, a suite of services aimed at helping lenders to better manage their commercial lending portfolio and support SMEs.

Lending 36

Lending Management Company 36

American Banker

JUNE 26, 2023

The name change is being timed to the closing of the bank's sale to investors later this summer. Following an earlier acquisition, the bank's name was changed from EverBank to TIAA Bank in 2018.

Branding 50

Branding Industry Marketing 50

The Paypers

JUNE 26, 2023

RiskOps platform for financial risk management Feedzai has partnered with Portugal-based bank Novobanco to better customer experience and protection against financial crime.

Risk Management 36

Risk Management Customer Experience Management 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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