Payments Dive

NOVEMBER 27, 2023

Prospects for passing the Credit Card Competition Act this year are dimming, but supporters and opponents remain locked in battle over the legislation.

Cards 243

Cards 243

Perficient

NOVEMBER 27, 2023

This blog was co-authored by Carl Aridas and Joel Thimsen. In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. This has challenged many organizations to better optimize and intelligently automate business processes and experiences.

Industry 221

Industry Regulation Compliance Data 221

Payments Dive

NOVEMBER 27, 2023

The divestiture mainly consisted of merchant contracts, Voyix’s front-end authorization platform “and certain relevant intellectual property,” the company said in its quarterly filing.

Maine 221

Maine Payments Company 221

CFPB Monitor

NOVEMBER 27, 2023

This is our second blog post on the final rule issued on October 24, 2023 by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency amending their regulations implementing the Community Reinvestment Act (“CRA”) (the “Final Rule”). .

Community 78

Community Regulation System FDIC 78

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

NOVEMBER 27, 2023

Staffed checkout registers are losing importance, and industry executives are eyeing mobile-based, scan-and-go technology, according to a recent survey.

Industry 195

Industry Survey Mobile Technology 195

Payments Dive

NOVEMBER 27, 2023

Burger King, Taco Bell and Shake Shack are among the chains adding this technology to boost tabs and reduce labor pressure.

Technology 195

Technology 195

BankBazaar

NOVEMBER 27, 2023

End-of-the-year financial planning is a crucial process that can set you on the path to financial success in the coming year. Read on about the importance of end-of-the-year financial planning and how to get started. As the year draws to a close, it’s the perfect time to reflect on your financial goals and take proactive steps to ensure your financial well-being in the coming year.

Taxes 78

Taxes Resources Strategy Policies 78

Payments Dive

NOVEMBER 27, 2023

For online retailers, reducing cart abandonment is a priority all year long, especially as we approach the holiday season.

Retail 195

Retail Online 195

Jack Henry

NOVEMBER 27, 2023

Unlock the power of data analytics in banking with our FAQs: Understand its importance, usage, and strategic advantages for your institution.

Analytics 88

Analytics Data Analysis Operations 88

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

Lending

American Banker

NOVEMBER 27, 2023

Cybercrime-as-a-service tools are using generative artificial intelligence in new ways to crack payment card security, according to a new report from Arkose Labs.

Payments 92

Payments Tools Security Cards 92

William Mills

NOVEMBER 27, 2023

As the fintech industry continues to evolve, staying informed and connected is crucial. Released in anticipation of the upcoming year, our 2024 Financial Technology Trade Show Directory is a trusted source offering insights and information you need to navigate – and make the most of – the industry’s conferences next year.

Fintech 79

Fintech Conference Financial Technology Industry 79

American Banker

NOVEMBER 27, 2023

The BSBY interest rate benchmark was originally envisioned as a successor to the once-ubiquitous Libor rate. But it failed to gain much traction, and Bloomberg now plans to shut it down next year.

Industry 78

Industry Lending 78

BankInovation

NOVEMBER 27, 2023

Truist Financial continued its managerial overhaul this month with appointments to fill the new chief operating officer position as well as chief consumer and small business banking officer and chief wholesale banking officer. The $535 billion bank made the following changes: Vice Chair Beau Cummins became COO effective Nov.

Operations 68

Operations 68

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

Report

American Banker

NOVEMBER 27, 2023

The Champaign, Illinois-based company said it would pay $41.6 million to acquire Merchants and Manufacturers Bank Corp., which has five branches in the Greater Chicago area.

Chicago 78

Chicago Illinois Company Community Bank 78

BankInovation

NOVEMBER 27, 2023

As demand for embedded payment offerings continues to climb, Citigroup’s Citi Pay plans to keep up. Global revenue from embedded payments is expected to reach $59 billion by 2027, up from $32 billion in 2023, according to a study by Juniper Research.

Strategy 66

Strategy Payments Study 66

American Banker

NOVEMBER 27, 2023

The Consumer Financial Protection Bureau wants to limit law enforcement access to a tool that has proven vital in many criminal investigations.

Tools 66

Tools Policies Compliance Regulation 66

TheGuardian

NOVEMBER 27, 2023

Jaime Gilinski Bacal to increase stake to 53% as lender secures £325m in new capital and £600m of debt The embattled high street lender Metro Bank can proceed with a multimillion-pound rescue deal after receiving approval from its shareholders. The move comes after the bank announced last month it had negotiated a £925m package, which consisted of £325m of new capital as well as £600m of debt.

Metro 48

Metro Capital Security 48

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.

Lending

American Banker

NOVEMBER 27, 2023

The move by the company's new CEO is designed to promote greater network effects and benefits for paying members. Bank CEOs say the network helps smaller banks compete.

Company 57

Company Management Technology 57

The Paypers

NOVEMBER 27, 2023

Web3 company OKX has launched its crypto exchange and Web3 wallet platform in Brazil, providing a secure gateway to decentralised finance (DeFi) and crypto trading.

Security 48

Security Company 48

American Banker

NOVEMBER 27, 2023

Purchases by banks, airlines, industrial heavyweights and other businesses fell for the first time last year, according to Bloomberg Green's analysis of data in three public registries covering more than 260,000 transactions since 2010. Yet corporate buyers increased purchases of offsets derived from a particularly controversial source — wind, hydro and solar projects.

Company 36

Company Analysis Industry Data 36

The Paypers

NOVEMBER 27, 2023

Codebase Technologies has announced a strategic joint Banking-as-a-Service (BaaS) venture with Egypt-based eFinance Investment Group , a payment and digital banking tech company, and Visa.

Groups 45

Groups Technology Digital Banking Payments 45

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.

Lending

American Banker

NOVEMBER 27, 2023

Sumitomo Mitsui Financial Group's Chief Executive Officer Jun Ohta, who pursued an aggressive expansion abroad during his four years at the helm of Japan's second-largest bank, has died. He was 65.

Groups 36

Groups Industry 36

The Paypers

NOVEMBER 27, 2023

Singapore Central Bank has released a response to industry feedback on a consultation paper of proposed regulations for crypto service providers.

Regulation 48

Regulation Industry 48

The Financial Brand

NOVEMBER 27, 2023

This article Top 2024 Trends in Fintech & Payments: A2A, Digital Currencies, Digital Identities appeared first on The Financial Brand. Juniper Research identifies the top ten global trends that will drive the banking industry in 2024 and beyond their latest report. This article Top 2024 Trends in Fintech & Payments: A2A, Digital Currencies, Digital Identities appeared first on The Financial Brand.

Trends 33

Trends Fintech Payments Branding 33

The Paypers

NOVEMBER 27, 2023

UK-based Ryft has partnered with Collctiv to optimise the group payment sector of the region and deliver a more customisable checkout experience for clients.

Regional 45

Regional Groups Payments 45

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.

Compliance