Abrigo

AUGUST 7, 2023

Applying model risk management to CECL What's involved in CECL model validation? Learn what banks, credit unions, and others subject to CECL accounting can expect from this risk management process. You might also like this webinar, "Conquering CECL model validation: Prepare for success." LISTEN Takeaway 1 An area of risk financial institutions can’t afford to overlook is risk posed by models used for developing estimates and making decisions, including CECL models.

Risk Management 195

Risk Management Handbook Analysis Management 195

Payments Dive

AUGUST 7, 2023

Wisetack, which recently teamed up with Citizens, seeks to add more large bank partners to handle the lending aspect of its pay-over-time offering for the services industry.

Fintech 195

Fintech Lending Industry 195

Abrigo

AUGUST 7, 2023

Assessing and preparing for staffing needs AML and fraud compliance is an essential obligation for financial institutions. Here are several tips for keeping your AML program running smoothly when staffing needs arise. Get more tips for managing the AML program from this webinar: "Conquering BSA challenges: Best practices for managing a successful AML program" DOWNLOAD Takeaway 1 A safe and sound financial institution is adequately staffed, but when staffing needs arise, it can be challenging to

Training 195

Training Fraud Leadership Resources 195

Payments Dive

AUGUST 7, 2023

Although its Just Walk Out technology has yet to take off at retail locations, the company is having some success connecting with universities.

Retail 195

Retail Technology Company 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 7, 2023

To understand the regulatory requirements for cryptocurrency, one must first ask the question what is money. This question is of paramount importance because the federal law definition of “money transmitting” depends in large part on state law definitions and regulator interpretations, and there is no uniform legislation that defines cryptocurrency as money for the purposes of state licensing requirements. .

cryptocurrency 147

cryptocurrency Security Regulation 147

BankInovation

AUGUST 7, 2023

Citizens Bank Chief Information Officer Michael Ruttledge is focused on AI, training and employee retention as the bank continues its digitalization. In the second quarter, the $222 billion bank explored use cases for generative AI to identify added efficiencies, Ruttledge previously told Bank Automation News.

Training 98

Training 98

ATM Marketplace

AUGUST 7, 2023

Non-bank ATM operators bounce back from the pandemic with acquisitions of bank terminals to expand their reach, boosting fleet numbers and increasing functionality.

ATM 93

ATM Operations 93

CFPB Monitor

AUGUST 7, 2023

Texas First Bank (Texas First), Independent Bankers Association of Texas (IBAT), and Independent Community Bankers of America (ICBA) (collectively, Proposed Intervenors) have filed an unopposed motion seeking leave from the court to intervene in the lawsuit challenging the CFPB’s final small business lending rule (Rule). Texas First is a Texas community bank, IBAT is a trade association that represents Texas community banks, and ICBA is a national trade association that represents community ban

Community Bank 78

Community Bank Texas Community Lending 78

The Paypers

AUGUST 7, 2023

Qatar Central Bank (QCB) has advised companies that intend to operate the Buy Now, Pay Later (BNPL) system to submit applications in order to receive the license from the bank.

System 69

System Operations Company 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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American Banker

AUGUST 7, 2023

A federal judge's decision to bar the Consumer Financial Protection Bureau from enforcing a small business data collection rule pending the outcome of a Supreme Court case could give banks an opening to block a pending $8 late fee rule as well.

Data 67

Data Policies Compliance Regulation 67

TheGuardian

AUGUST 7, 2023

In an unusual turn of events, banks are raising mortgage rates for new customers to help cover expected losses from mortgage defaults Follow our Australia news live blog for latest updates Get our morning and afternoon news emails , free app or daily news podcast Australia’s big banks are leaning on new borrowers to keep profits rolling as they prepare for more of their existing customers to succumb to rising borrowing costs.

Analysis 65

Analysis 65

BankInovation

AUGUST 7, 2023

Bank of America may be joining Citi, TD, Chase and other U.S. financial institutions to offer pay by bank, an account-to-account payments channel, amid an increase in real-time payments usage. The $3.

America 52

America Payments Fintech 52

TheGuardian

AUGUST 7, 2023

Sherard Cowper-Coles claimed British government was bowing to US demands in dealing with Beijing A senior executive at HSBC has apologised after saying the “weak” UK government had caved in to the US in its approach to doing business with China. Sir Sherard Cowper-Coles, the bank’s head of public affairs and a former British diplomat, said sorry after “sharing his personal views” on Britain’s policy towards Beijing at a private event, a spokesperson for HSBC said.

Policies 57

Policies US 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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American Banker

AUGUST 7, 2023

Deployments picked up speed during the pandemic, and have continued into this year as commuter networks try to win back riders.

Payments 69

Payments 69

The Paypers

AUGUST 7, 2023

Revolut has announced it will discontinue its US crypto services due to regulatory uncertainty, impacting 1% of global clientele.

US 67

US 67

American Banker

AUGUST 7, 2023

Ybarra, who leads the megabank's sprawling institutional clients group, plans to depart in the first half of next year. Citi says it's assessing how to allocate his responsibilities.

Groups 53

Groups How To 53

The Paypers

AUGUST 7, 2023

Paysafe and Gemany-based iGaming platform The Mill Adventure have extended their partnership to offer more alternative payment options to the partner casinos and their players.

Payments 36

Payments 36

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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

AUGUST 7, 2023

India's Unified Payments Interface has been an extraordinary success. The Fed should take careful note of how the system came to dominate the Indian economy.

System 53

System Payments Digital Banking 53

The Paypers

AUGUST 7, 2023

US-based alternative financial services provider PLS and Green Dot Corporation have partnered to build and deliver seamless financial services to the former’s customers.

US 36

US Tools Payments 36

American Banker

AUGUST 7, 2023

The payment company's sizable audience and existing technology differentiate it in a market that is otherwise dominated by startups.

Technology 53

Technology Marketing Payments Company 53

The Paypers

AUGUST 7, 2023

Know Your Customer , a regtech company that offers KYB automation solutions, has partnered with MineSec , a white-label SoftPOS solution provider, to enhance the onboarding experience of its SoftPOS solution.

Company 36

Company 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

American Banker

AUGUST 7, 2023

Activity in the primary market kicked off with a number of banks announcing debt deals overnight, including BNP Paribas, which became the first European bank to sell additional tier 1 notes in U.S. dollars since the writedown of Credit Suisse securities.

Security 36

Security Marketing Industry 36

The Paypers

AUGUST 7, 2023

Cordada , a Latam-based private debt platform catering to lenders and fintechs that serve SMEs, has partnered with Thought Machine to close the funding gap for SMEs in Latin America.

America 36

America Fintech 36

American Banker

AUGUST 7, 2023

The Vancouver, Washington, company disclosed in a regulatory filing that Kevin Lycklama was under investigation. It elaborated only to say that the matter did not involve the bank's financial condition.

Washington 36

Washington Company Community Bank Industry 36

The Paypers

AUGUST 7, 2023

Customer engagement platform Twilio has announced that it is set to enable companies to create personalised, customer-aware experiences powered by OpenAI.

Company 36

Company 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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