Perficient
SEPTEMBER 6, 2023
Just before Labor Day, the federal banking regulators – The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Fed), and the Federal Deposit Insurance Corporation (FDIC) – labored to issue a proposed rule for comment that would require require certain financial institutions to issue and maintain outstanding a minimum amount of long-term debt (LTD).
Payments Dive
SEPTEMBER 6, 2023
In a Tuesday presentation, Mastercard’s CEO rebutted Wall Street Journal reporting last week about prospective credit card fee increases for merchants.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
South State Correspondent
SEPTEMBER 6, 2023
We have discussed the importance of bundling or packaging deposit account services to speed up customer choices, increase profitability, and enhance deposit performance. However, many banks still offer just two choices, whereas if they offered three, they would increase profitability. In this article, we examine how behavioral deposit pricing works and how to use it to your bank’s advantage.
Abrigo
SEPTEMBER 6, 2023
Takeaway 1 Check fraud detection is a critical component of AML programs because it is one type of fraud that continues to trend upward in financial institutions. Takeaway 2 According to the FBI, reported losses from check fraud total $1 8 billion annually. AML professionals must constantly monitor for ways this could affect their customers or members.
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.
Payments Dive
SEPTEMBER 6, 2023
In a move that alters the companies' relationship, competitors Shopify and Amazon partnered to give Prime customers the payment option.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Payments Dive
SEPTEMBER 6, 2023
The card issuer added a former FDIC regional director to its board as it grapples with regulatory scrutiny.
Realwired Appraisal Management Blog
SEPTEMBER 6, 2023
What makes a Chief Appraiser great? Mastery and success don’t come from the monumental moments but from the diligent, everyday tasks. The path to greatness is paved by consistent effort, patience and commitment. Joshua Medcalf’s Chop Wood Carry Water highlights the goal of how to fall in love with the process of becoming great.
CFPB Monitor
SEPTEMBER 6, 2023
The CFPB has filed its opposition to the motion for a preliminary injunction filed by the plaintiffs in the Kentucky federal court lawsuit challenging the CFPB’s final small business lending rule (Rule). The plaintiffs in the Kentucky lawsuit are the Kentucky Bankers Association and several Kentucky banks. The Kentucky plaintiffs chose to file a separate lawsuit rather than intervene in the lawsuit pending in a Texas federal district court challenging the Rule filed by the American Bankers Asso
American Banker
SEPTEMBER 6, 2023
Protesters gathered outside the New York bank's headquarters last week, demanding restitution for what they allege was mismanagement. The bank did not give ground in its response to the demonstration.
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
BankInovation
SEPTEMBER 6, 2023
LONDON — DNB’s internal chatbot fielded more than 2.1 million queries last year and boasts an 83% accuracy rate.
American Banker
SEPTEMBER 6, 2023
As the Latino population in the U.S. expands, so does the business case for banks and credit unions that want to tailor services for this audience.
BankInovation
SEPTEMBER 6, 2023
JPMorgan Chase increased its share in digital bank C6 Bank to 46% from 40% last week, pending regulatory approval. JPMorgan first invested in C6 in 2021. Since then, the Sao Paulo, Brazil-based bank has grown to 25 million customers from 8 million, according to a C6 release.
American Banker
SEPTEMBER 6, 2023
A member of the European Central Bank's board said private sector digital coins like PayPal's could harm competitive balance, Santander makes candy harts with romance scam slogans, and more.
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
ABA Community Banking
SEPTEMBER 6, 2023
Rebutting erroneous claims about the FHLBs and the failure of Silicon Valley Bank. The post Myths and facts about the Federal Home Loan Bank System appeared first on ABA Banking Journal.
American Banker
SEPTEMBER 6, 2023
Central bank digital currencies may be years away in larger countries, but payment companies are building international networks now. Here's why.
TheGuardian
SEPTEMBER 6, 2023
Rick Haythornthwaite, who leads boardrooms of Ocado and the AA, will succeed Howard Davies NatWest has announced that a former Centrica boss will be its next chair, as the lender continues to deal with the fallout from the scandal surrounding the threatened closure of Nigel Farage’s bank accounts. Rick Haythornthwaite – who previously chaired Network Rail and Mastercard as well as the British Gas owner and now leads the boardrooms of Ocado and the AA – will succeed Howard Davies, the bank announ
American Banker
SEPTEMBER 6, 2023
The consumer lender's stock price has fallen more than 30% since its disclosure of a looming regulatory action, which was followed by the sudden departure of its CEO. To help meet its compliance challenges, the company's board added a former FDIC regional director.
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.
TheGuardian
SEPTEMBER 6, 2023
Sir Howard Davies’ replacement has enough City experience to move bank on from Coutts fiasco In a business career of 40-plus years, Rick Haythornthwaite has never been a banker. The closest he’s come was a long stint as chairman of Mastercard – but that’s a payment processor, which is a different type of financial beast. His chief executive life was as an industrialist: Blue Circle cement and Invensys, as the old BTR engineering conglomerate was rebranded.
American Banker
SEPTEMBER 6, 2023
From hidden fees to misleading marketing, small businesses face too many challenges when making and receiving cross-border payments.
The Paypers
SEPTEMBER 6, 2023
AI-powered solution Ntropy has partnered with Open Banking platform Yapily to improve financial information and transaction data for customers across Europe.
American Banker
SEPTEMBER 6, 2023
The New York-based company announced the launch of a health care lending unit after capitalizing on recent bank failures to add seven deposit-focused banking groups this spring and summer.
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.
The Paypers
SEPTEMBER 6, 2023
Digital bank GX Bank Berhad ( GXBank ), led by superapp Grab has received approval from the Minister of Finance and Bank Negara Malaysia (BNM) to commence operations.
American Banker
SEPTEMBER 6, 2023
The settlement resolves allegations dating to 2014 and covers 85 minority employees who alleged they were paid lower wages than their white counterparts and faced retaliation.
The Paypers
SEPTEMBER 6, 2023
Open Banking solutions provider Salt Edge has announced a partnership with Italy-based corporate finance software solution Cloud Finance to boost business finance management.
American Banker
SEPTEMBER 6, 2023
Mountain America Credit Union and Lafayette Federal Credit Union are two institutions making concerted efforts to target small-business owners with digital tools.
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.
Expert insights. Personalized for you.
221 
Let's personalize your content