Visa, Western Union partner on cross-border payments
Payments Dive
MARCH 6, 2024
The card network and the cross-border payments company are developing an international payment system that could be used in disaster situations.
Payments Dive
MARCH 6, 2024
The card network and the cross-border payments company are developing an international payment system that could be used in disaster situations.
American Banker
MARCH 6, 2024
Monzo raises a $430 million investment to accelerate its expansion in the U.S.; Stripe adds support for Tap to Pay on iPhone; and more in this week's global payments news roundup.
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Payments Dive
MARCH 6, 2024
Healthcare providers have reported significant challenges to their day-to-day operations, including problems receiving payment from patients and insurers.
BankUnderground
MARCH 6, 2024
Laura Achiro and Neha Bora Central banks in most advanced economies have tightened monetary policy by raising interest rates. Tighter financing conditions may make it harder for some businesses to refinance their debt or could mean they face less favourable terms when they do. This blog explores the extent to which bond maturities could crystallise these refinancing risks.
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
MARCH 6, 2024
The issuing-processing fintech sees a bigger opportunity in regions outside the U.S. to sell its core banking services, founder and CEO Amir Wain said.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Payments Dive
MARCH 6, 2024
The convenience retailer is the latest to add this capability as it seeks to win over more business from corporate accounts and professional drivers.
ABA Community Banking
MARCH 6, 2024
The company's technology is designed to align with the U.S. financial sector's push to diversify loan portfolios—particularly highlighted by risks exposed by the bank failures of the past year. The post Fintech startup focused on asset risk builds bank advisory board, gets Citi Ventures funding appeared first on ABA Banking Journal.
Payments Dive
MARCH 6, 2024
The c-store and fuel giant will overhaul its BPme platform as it looks to create an enhanced purchasing experience, a spokesperson said.
American Banker
MARCH 6, 2024
In 2023, the Biden administration pledged to reduce "junk fees." Ahead of this year's State of the Union, we revisit what progress has been made.
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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
Payments Dive
MARCH 6, 2024
The tech giant said it will expand in-app payments options in the EU, while cracking down on apps in India that it said refused to pay its fees.
TheGuardian
MARCH 6, 2024
Coalition of advocacy groups warn that deal would ‘further concentrate risk’ in the financial system and ‘must be stopped’ Regulators have been urged to block Capital One’s $35bn takeover of Discover by campaigners who say the blockbuster deal is “dangerous, illegal, and must be stopped”. Urging the Federal Reserve and Department of Justice to intervene, a coalition of more than a dozen advocacy groups cautioned that combining two of the largest credit card companies in the US would damage compe
BankInovation
MARCH 6, 2024
James Dean, global generative AI specialist and financial services industry lead at Google Cloud, will speak at Bank Automation Summit U.S. 2024 on Monday, March 18, at 3:15 p.m. CT.
American Banker
MARCH 6, 2024
The personal finance site is rolling out changes to its app that incorporate AI-powered chat and explanatory articles customized to each user.
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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
The Paypers
MARCH 6, 2024
Turkey-based financial technology company Papara has announced the acquisition of T-bank for an undisclosed amount, with the deal awaiting regulatory approval.
ATM Marketplace
MARCH 6, 2024
ATM attacks may differ in methods and intensity across regions, but many common global attack patterns exist. Some of these attacks are escalating at an alarming rate and becoming worldwide concerns. Criminal groups are now highly organized, specialized, and targeting specific attack vectors, particularly on ATMs.
BankInovation
MARCH 6, 2024
JPMorgan subsidiary Neovest Holdings has acquired investment management company LayerOne Financial for an undisclosed sum. Neovest, a fintech for brokers and dealers, will now be able to help clients monitor portfolios, conduct risk assessments and send orders to their brokers, it stated in a March 1 release.
The Paypers
MARCH 6, 2024
BRICS has made efforts to create payment system based on digital currencies and blockchain to reduce reliance on US dollars in settlement.
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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.
BankInovation
MARCH 6, 2024
JPMorgan subsidiary Neovest Holdings has acquired investment management company LayerOne Financial for an undisclosed sum. Neovest, a fintech for brokers and dealers, will now be able to help clients monitor portfolios, conduct risk assessments and send orders to their brokers, it stated in a March 1 release.
The Paypers
MARCH 6, 2024
The European Union has agreed on the 13th package of sanctions against the Russian Federation following two years of aggression in Ukraine.
American Banker
MARCH 6, 2024
As the head of enterprise technology and security, Guild tries to stay ahead of fraudsters and other bad actors.
The Paypers
MARCH 6, 2024
Global payment orchestration platform Yuno has announced that it secured USD 25 million from a consortium of investors, aiming to leverage it to advance operations.
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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
MARCH 6, 2024
President Joe Biden is expected to lean in on banking issues such as credit card late fees and overdraft fees Thursday evening in his annual address to Congress. However, he likely will avoid the topic of financial-sector stability, even amid a private-sector rescue of New York Community Bancorp.
The Paypers
MARCH 6, 2024
US-based Wasabi Technologies has announced the launch of its White Label OEM Program, aiming to deliver predictably priced, reliable and scalable cloud storage to users globally.
American Banker
MARCH 6, 2024
Brazil's Pix network, at just three years old, now accounts for 15% of all global real-time payments — and its success is inspiring projects in other countries.
The Paypers
MARCH 6, 2024
Eurojust has aided a multinational investigation on EUR 2 billion money laundering scheme, implicating 3 main suspects across Italy, Latvia, and Lithuania.
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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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