BankUnderground
NOVEMBER 23, 2023
Fergus Cumming and Danny Walker Bank Rate has risen by more than 5 percentage points in the UK over the past couple of years. This has led to much higher mortgage rates for many people. In this post we analyse another potential source of pressure on mortgagors: the potential for falls in house prices to push borrowers into higher – and therefore more expensive – loan to value (LTV) bands.
American Banker
NOVEMBER 23, 2023
Young adults exiting the foster care system often lack the documents and relationships they need to engage with financial products early on. Some advocates, including many in the Texas Legislature, are working to change that.
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TheGuardian
NOVEMBER 23, 2023
Consumer groups have long lobbied for institutions to crack down on scams by rejecting transfers if name and bank details of recipient don’t match Follow our Australia news live blog for latest updates Get our morning and afternoon news emails , free app or daily news podcast Australian banks have buckled under pressure and will do more to fight scams by introducing technology that would block customers from transferring money to some fraudulent accounts.
The Paypers
NOVEMBER 23, 2023
Poland-based mobile payment system BLIK has announced its partnership with DXC Technology in order to modernise its services and expand across Romania and Slovakia.
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.
TheGuardian
NOVEMBER 23, 2023
Zhongzhi, a wealth manager with links to China’s ailing property market, says it is ‘severely insolvent’ One of China’s biggest financial conglomerates with links to the country’s ailing property market has admitted a shortfall of nearly £30bn as it warned investors that it is “severely insolvent”. Zhongzhi, an asset and wealth management company in China’s shadow banking sector, said its total assets amounted to 200bn yuan (£22.5bn) against obligations of up to 460bn yuan, in a letter to shareh
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
The Paypers
NOVEMBER 23, 2023
UK-based SME payments fintech Crezco has raised USD 12 million in a Series A funding round and entered into a partnership with Xero.
American Banker
NOVEMBER 23, 2023
Michael Lewis takes a more sympathetic approach than many other observers to the former CEO of the crypto exchange FTX in his latest book, "Going Infinite.
The Paypers
NOVEMBER 23, 2023
Seychelles-based cryptocurrency exchange KuCoin has unveiled the KuCard, a cryptocurrency debit card that merges digital assets with traditional banking.
The Financial Brand
NOVEMBER 23, 2023
This article 2024 Marketing Roadmap: More Customer Focus, More Streamlining & Fresh Takes on Life’s Milestones appeared first on The Financial Brand. Common wisdom says economic uncertainty means smaller marketing budgets. But Comperemedia says the bold should double down for growth. This article 2024 Marketing Roadmap: More Customer Focus, More Streamlining & Fresh Takes on Life’s Milestones appeared first on The Financial Brand.
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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
NOVEMBER 23, 2023
Emerging markets payments provider dLocal has extended its partnership with eSky Group to merge payments with modern airline and travel capabilities.
The Financial Brand
NOVEMBER 23, 2023
This article Power to the People: How to Get Banks, and Regulators, to Embrace AI For Investment appeared first on The Financial Brand. Why leadership from the big banks is needed to drive regulatory clarity on the use of AI in investing products and services. This article Power to the People: How to Get Banks, and Regulators, to Embrace AI For Investment appeared first on The Financial Brand.
The Paypers
NOVEMBER 23, 2023
The Hong Kong Securities and Futures Commission (SFC) has revised ZA Bank ’s licence registration and granted the bank permission to launch US stock trading.
The Paypers
NOVEMBER 23, 2023
iPay has announced its partnership with Visa in order to introduce the latter’s Tap-to-Phone technology to simplify digital payments for customers in Kenya.
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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
NOVEMBER 23, 2023
UK-based lending platform Funding Circle has partnered with Atom Bank to provide small and medium-sized enterprises (SMEs) with convenient access to funding.
The Paypers
NOVEMBER 23, 2023
The UK has commissioned a review of its payment sector which identified Open Banking as a method of improving the country’s consumer A2A payment journey.
The Paypers
NOVEMBER 23, 2023
Sweden-based software company Eliq has announced the release of a EUR 10 million funding round in financing for its expansion across the region of Europe.
The Paypers
NOVEMBER 23, 2023
UK-based transport technology provider UrbanThings has partnered with Littlepay to introduce mobile payments on the Newport Bus and Ipswich Buses apps.
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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
NOVEMBER 23, 2023
UAE-based fintech Astra Tech has partnered with SAM Precious Metals and O-Gold to offer a seamless and secure solution to trade, invest, and exchange gold for UAE Botim users.
The Paypers
NOVEMBER 23, 2023
The Industrial Development Bank (IDB) has announced its partnership with Mastercard to drive financial inclusion and support Egypt’s digital transformation strategy.
The Paypers
NOVEMBER 23, 2023
ID verification service provider Shufti Pro has attained a QG-GDPR certificate in order to ensure secure and transparent user data collection for its global clients.
The Paypers
NOVEMBER 23, 2023
Sweden-based Skandinaviska Enskilda Banken (SEB) has implemented Singapore-based Blacksmith ’s KYC platform to automate and improve its data collection.
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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
NOVEMBER 23, 2023
Cryptocurrency exchange Binance has agreed to pay USD 4 billion to settle an investigation from the US Department of Justice.
The Paypers
NOVEMBER 23, 2023
The Money Service Lab has completed its certification with Mastercard , becoming a processor with direct connectivity to the Mastercard Cloud in Europe.
The Paypers
NOVEMBER 23, 2023
Australia-based non-bank business lender ScotPac has teamed up with financial services provider Ebury to facilitate global trade for all businesses.
The Paypers
NOVEMBER 23, 2023
Czech Republic-based automaker Skoda has partnered with UK-based connected car services provider Parkopedia to launch a new Pay-to-Fuel service.
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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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