Fraud losses to surpass $40B by 2027: report
Payments Dive
JUNE 16, 2023
One in five consumers worldwide have been victims of payment fraud in the past four years, according to an ACI report.
Payments Dive
JUNE 16, 2023
One in five consumers worldwide have been victims of payment fraud in the past four years, according to an ACI report.
Accenture
JUNE 16, 2023
A few bold banks are beginning to see the benefits of working together to tame supply chain emissions. They’re sharing ideas about how they can more accurately measure these Scope 3 emissions that are generated by their suppliers. And, most important, they’re exploring ways to reduce them. The discussions involve several big retail banks and… The post Bold banks tackle supply chain emissions appeared first on Accenture Banking Blog.
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Payments Dive
JUNE 16, 2023
Backers of the law establishing a licensing process for earned wage access providers operating in the state say it’s the first of its kind in the U.S.
ATM Marketplace
JUNE 16, 2023
Banks are typically seen as traditional organizations; however, many are embracing automation to improve efficiency and meet customer needs. That being said, there are still barriers to a full embrace of the technology.
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
JUNE 16, 2023
Relay Payments’ app-based system uses secure codes to make transactions, allowing drivers to avoid worries about fraud, said Spencer Barkoff, the company’s co-founder and president.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
American Banker
JUNE 16, 2023
The Federal Reserve will now disclose all entities that have access to its payments system, as well as those that are seeking access. The move ends a yearlong standoff with Congress.
BankInovation
JUNE 16, 2023
With ChatGPT reaching 100 million users within two months of its release, generative AI has become one of the hottest topics, as individuals and industries ponder its benefits and ramifications.
William Mills
JUNE 16, 2023
Digital service and temperatures are heating up as credit unions leverage technology to provide their members with seamless banking experiences to match the sunny vibes of the season. From mobile banking apps that allow easy access to financial services on the run—even at the beach—to online loan applications that expedite the borrowing process, credit unions riding the digital wave will ensure their members can make the most of their summer adventures.
American Banker
JUNE 16, 2023
The Senate bill, which will receive a committee vote next week, would give the FDIC the option to take back compensation from executives at failed institutions. Some advocacy groups want stronger language.
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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
The Paypers
JUNE 16, 2023
Spain-based bank BBVA has partnered with Amazon Web Services to deliver advanced analytics and data services in the cloud, furthering its data and AI transformation process.
American Banker
JUNE 16, 2023
Pride month is the perfect time to take a hard look at the discrimination that LGBTQ people face in the financial services industry, particularly when it comes to obtaining credit.
The Paypers
JUNE 16, 2023
Cyprus-based payments platform BridgerPay has launched Paywith, a payment checkout solution that enables users to pay with any mix of payment methods.
American Banker
JUNE 16, 2023
Lake Trust Credit Union in Brighton, Michigan, works with a development agency in Lansing to provide entrepreneurs with the financial and educational support they need to go it alone.
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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
BankInovation
JUNE 16, 2023
IBM Consulting launched its Center of Excellence for generative AI last month, where clients, including financial institutions, can look to consultants for expertise, use cases, risk mitigation and advancements in the technology.
American Banker
JUNE 16, 2023
Sergio Fogel is taking on a new role as co-president and chief strategy officer to help the fintech battle rivals across the globe.
FICO
JUNE 16, 2023
Home Blog Feed test Customer Management Trends: Hyper-Personalization, Trust, & More These were some of the top customer experience themes, breakouts, & ideas from FICO World 2023 Thu, 02/09/2023 - 10:49 Pawel Pasik by FICO expand_less Back to top Fri, 06/16/2023 - 10:25 FICO World 2023 was a hugely successful event, with more than 500 leading companies gathering at The Diplomat in Hollywood, FL to discuss top market trends, best practices, and innovative ideas in digital transformation.
American Banker
JUNE 16, 2023
The American Bankers Association's credit conditions index remained near historic lows despite a slight uptick in the most recent quarter. Pessimism pervaded the outlook for both business and consumer lending.
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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.
The Paypers
JUNE 16, 2023
US-based blockchain company Ripple has partnered with the Colombian central bank to demonstrate the utility of blockchain to the general public.
American Banker
JUNE 16, 2023
As it pushes the boundaries of its Midwestern footprint, the Columbus, Ohio-based bank is on pace to book more than 6,000 7(a) loans in SBA's 2023 fiscal year, the biggest total in seven years.
The Paypers
JUNE 16, 2023
The Paypers has launched The Global Overview of Payments Providers 2023 , the most recent market analysis of key payment providers in the B2B and B2C commerce payments ecosystem.
American Banker
JUNE 16, 2023
The Consumer Financial Protection Bureau plans to issue a larger participant rule that would allow the agency to examine consumer payment markets. The rule will allow the CFPB to examine and supervise Big Tech companies such as Apple, Alphabet's Google, PayPal and Square.
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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.
The Paypers
JUNE 16, 2023
Entrust, a security software provider, has expanded its partnership with payment, data security, and identity solutions provider Intexus to Accelerate LATAM bank payment enablement.
American Banker
JUNE 16, 2023
Discover Bank launches financial health fund, Cross River Bank climbs past real-time payment transaction benchmark, Webster funds financial education at youth-focused nonprofits and and more in this week's banking news roundup.
The Paypers
JUNE 16, 2023
Global asset manager BlackRock has filed an application with the Securities and Exchange Commission to offer a spot bitcoin exchange traded fund.
American Banker
JUNE 16, 2023
The Bank of England is a step closer to launching its own digital currency after a yearlong project concluded the technology could support a "diverse range" of new ways to use money.
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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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