American Banker
AUGUST 25, 2023
An effort to ensure banking services are available to legal businesses is being undermined by groups trying to rewrite the history of regulatory overreach related to supposed reputational risk.
Payments Dive
AUGUST 25, 2023
After recasting its card strategy, the buy now, pay later provider is taking a gradual approach to adding new cardholders, teasing more rewards to come.
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CFPB Monitor
AUGUST 25, 2023
The Mortgage Bankers Association and Housing Policy Council (the “Associations”) recently filed an Amici Curiae brief supporting the position of Townstone Financial regarding the scope of the Equal Credit Opportunity Act (ECOA) in the case CFPB v. Townstone Financial which is now before the U.S. Court of Appeals for the Seventh Circuit.
Payments Dive
AUGUST 25, 2023
Embedded finance accounted for over half of fintech’s new bookings in the first half of 2023, and it’s lining up more clients for the service.
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.
ATM Marketplace
AUGUST 25, 2023
With Mastercard's recent move to ban cannabis purchases, dispensaries must turn to cash.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
American Banker
AUGUST 25, 2023
The company is paying $75 million in penalties and restitution in connection with SEC allegations that its investment advisory arm overcharged customers it inherited in its Wachovia acquisition in 2008. The settlement is said to show the importance of conducting extensive compliance checks in a rapidly consolidating industry.
BankInovation
AUGUST 25, 2023
Royal Bank of Canada’s discretionary and technology-related spending accounted for 23% of the bank’s non-interest expenses in the third quarter. In Q3 2023, the $1.4 trillion bank’s non-interest expenses increased 22% year over year to $5.
American Banker
AUGUST 25, 2023
The National Credit Union Administration approved Dade County Federal Credit Union's application to add almost 2 million potential members — giving it a total field of membership of 4.6 million. It's the largest-ever community charter expansion in terms of total resulting potential members.
BankInovation
AUGUST 25, 2023
Canada’s TD Bank increased its investments in technology in the third quarter to remain competitive and serve a growing number of technology entrepreneurs. The $1.9 trillion bank saw its non-interest expense increase to $1.
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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
American Banker
AUGUST 25, 2023
The small community bank was bought up by crypto-focused investors and quickly repositioned to cater to tech innovators. Is this problematic or perfectly legitimate?
The Paypers
AUGUST 25, 2023
North America-based live video commerce platform CommentSold has acquired the assets of mobile live streaming marketplace Popshoplive , moving into direct-to-consumer (D2C) commerce.
American Banker
AUGUST 25, 2023
Half of the transactions on the buy now/pay later lender's new plastic card become interest-bearing loans.
The Paypers
AUGUST 25, 2023
Citi has made an investment in Rextie , a Peru-based fintech specialised in FX services, while also integrating its FX technology into the latter’s currency exchange services.
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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
American Banker
AUGUST 25, 2023
Financial institutions must adopt generative AI and large language models, or risk falling behind, experts said.
The Paypers
AUGUST 25, 2023
LHV Bank , a new UK-based licensed bank, has finalised the business transfer from its Estonian affiliate, AS LHV Pank’s UK branch, to its newly licensed entity.
American Banker
AUGUST 25, 2023
Comerica's CEO Curt Farmer and CFO James J. Herzog, along with the bank, face a purported class-action lawsuit by shareholders for allegedly making false and misleading statements about its oversight of the Treasury Department's Direct Express program.
The Paypers
AUGUST 25, 2023
US-based REPAY has expanded its eCash acceptance functionalities for lenders and other businesses to receive bill and loan installment payments from their customers.
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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.
American Banker
AUGUST 25, 2023
The top three countries have 861 combined fintech financings through June 2023.
The Paypers
AUGUST 25, 2023
The Strawhecker Group (TSG) has announced the launch of TruMonitor, a SaaS product and component of the company’s Global Experience Monitoring (GEM) platform.
American Banker
AUGUST 25, 2023
In his highly anticipated speech in Jackson Hole, the Federal Reserve chair acknowledged the progress made in cooling down inflation, but said the central bank would not hesitate to raise rates further if needed.
The Paypers
AUGUST 25, 2023
India-based Financial Software and Systems (FSS) has launched BLAZE, a payments technology platform, to meet the needs of banks and financial institutions.
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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.
American Banker
AUGUST 25, 2023
Mastercard and Visa stepped back from their card partnerships with Binance Holdings, distancing themselves from the cryptocurrency platform that's under threat from regulators worldwide.
The Paypers
AUGUST 25, 2023
South Africa-based bank, Nedbank , has integrated with Synthesis , an AWS Advanced Consulting Partner, to develop a software-based point-of-sale system.
American Banker
AUGUST 25, 2023
Following six years of development, the National Institute of Standards and Technology has released draft standards for three algorithms that can resist future attacks by quantum computers.
The Paypers
AUGUST 25, 2023
US-based checkout solution Standard AI has incorporated Google Cloud into their core checkout offerings to augment the retail experience.
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