American Banker

NOVEMBER 3, 2023

Companies such as Visa and Mastercard, as well as banks and retailers, are stepping up their investments in artificial intelligence to reach small businesses and spot new uses.

Industry 85

Industry Payments Retail Company 85

Payments Dive

NOVEMBER 3, 2023

The company plans to cut about 8% of its workforce over the next year as Jack Dorsey steps up his efforts to improve efficiency and revive profits.

Company 534

Company 534

ABA Community Banking

NOVEMBER 3, 2023

"When we're able to take banking the them, at a place where they already have trust with their employer, that's a bridge," says Jennifer Huffman of Atlantic Union Bank's workplace banking product. "From there we're able to grow that relationship." The post Podcast: Building trust by bringing the bank into the workplace appeared first on ABA Banking Journal.

Resources 105

Resources Leadership Community Bank Community 105

Payments Dive

NOVEMBER 3, 2023

The digital payments company said it’s cooperating with a Securities and Exchange Commission probe of its stablecoin, and a Consumer Financial Protection Bureau inquiry related to bank transfers.

Security 435

Security Payments Company 435

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

BankBazaar

NOVEMBER 3, 2023

A loan against a C redit C ard can provide quick access to funds when you need them the most. Let’s explore what this entails in more detail. In today’s fast-paced world, financial needs can arise unexpectedly. Whether it’s a medical emergency, a home renovation project, or a once-in-a-lifetime vacation, having access to quick and convenient financing can be a lifesaver.

Cards 78

Cards Tools Mobile Security 78

ATM Marketplace

NOVEMBER 3, 2023

NCR partnered with Clip Money to make cash deposits at ATMs easier for businesses. Here's how.

ATM 105

ATM 105

American Banker

NOVEMBER 3, 2023

Amazon, Apple, Meta, Alphabet and X have all been ramping up their ability to offer payments services, loans and other traditional bank products.

Company 92

Company Apple Payments Technology 92

Jeff For Banks

NOVEMBER 3, 2023

Financial Markets & Economic Update - Fourth Quarter 2023 Summer Update On this warm October day, I am staring at my Bloomberg screen, still heartbroken over the Phillies Phailure. Now, all of our hopes ride with the Eagles. Interest rates are all elevated, with the 2-year Treasury yield at 5.01% and the 10-year at 4.85%, which is up by over 100 basis points since June 30, 2023.

Marketing 87

Marketing Community Bank Policies Community 87

American Banker

NOVEMBER 3, 2023

This week the Small Business Administration followed through with a controversial policy change by granting access to its flagship 7(a) program to three additional nonbank lenders. These new participants vowed to ramp up their small-business lending efforts.

Policies 78

Policies Lending Fintech 78

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

BankInovation

NOVEMBER 3, 2023

Bank of America’s private bank leads in digital adoption, with 92% of its clients using digital capabilities. The private bank has the “highest level of digital across the entire company,” Jeff Busconi, head of private bank services at the $3.1 trillion Bank of America, said Thursday at the BancAnalysts Association of Boston Conference.

Boston 61

Boston America Conference Company 61

American Banker

NOVEMBER 3, 2023

The 16-year-old site struggled to monetize, but experts said personal financial management products should focus on engagement.

Management 64

Management Technology Fintech 64

BankInovation

NOVEMBER 3, 2023

U.S. Bank’s investment in digitalization has enabled it to reach beyond its branch network as it plans to expand to seven new markets. The $668 billion bank is expanding to Arizona, Florida, Georgia, North Carolina, New York, Texas and Tennessee, according to its presentation at the BancAnalyst Association of Boston Conference on Thursday.

North Carolina 59

North Carolina Tennessee Arizona Georgia 59

The Paypers

NOVEMBER 3, 2023

LG Electronics has announced its partnership with Stripe in order to provide Singapore customers with improved payment methods and overall checkout experience.

Payments 45

Payments 45

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 3, 2023

Federal Reserve Vice Chair for Supervision Michael Barr says that while there has been some opposition to the recent overhaul of Community Reinvestment Act regulations, he expects that banks, supervisors and communities will adapt and thrive once it's fully implemented.

Community 41

Community Regulation Policies Compliance 41

The Paypers

NOVEMBER 3, 2023

TransFi and Volt , a global real-time payment solution provider, have partnered aiming to expand the financial services landscape by enabling faster onramps and fund transfers.

Payments 41

Payments 41

American Banker

NOVEMBER 3, 2023

Amazon's buy now/pay later partnership with Affirm expands; NAFCU-CUNA merger gets affirmative vote from members; expense-reporting firm Navan rolls out European bank partnerships; and more in the weekly banking news roundup.

Report 41

Report Payments 41

The Paypers

NOVEMBER 3, 2023

CQUR Bank has announced its partnership with Finastra in order to optimise its digital transaction banking capabilities, for corporate clients around the world.

41

41

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 3, 2023

Banks have been working to sell portfolios of commercial-property debt as they seek to manage their exposure to the sector. Soaring borrowing costs have weighed on valuations, with commercial real estate prices slumping 16% in September from a peak in March 2022, according to real estate analytics firm Green Street.

Capital 36

Capital Analytics Management Industry 36

The Paypers

NOVEMBER 3, 2023

US-based crypto custodian BitGo has obtained a cryptocurrency custody licence in Germany from the Federal Financial Supervisory Authority (BaFin).

cryptocurrency 41

cryptocurrency US 41

American Banker

NOVEMBER 3, 2023

Taking the reins again as chief executive of Block following the recent departure of CEO Alyssa Henry, Jack Dorsey has launched internal changes to jump-start growth, eliminate silos and promote the use of artificial intelligence.

Payments 36

Payments 36

The Paypers

NOVEMBER 3, 2023

Littlepay has announced that riders using Peru’s AEMUS network of busses can make contactless payments with a bank card or digital wallet.

Payments 41

Payments Cards 41

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 3, 2023

A new rule allowing people with long-ago criminal convictions to find employment at credit unions is good for both the industry and for society at large.

Industry 28

Industry 28

The Paypers

NOVEMBER 3, 2023

Singapore-based fintech SME lender Funding Societies has raised USD 7.5 million in debt from Norfund to bring financial inclusion to SMEs in Southeast Asia.

Fintech 36

Fintech 36

The Financial Brand

NOVEMBER 3, 2023

This article Higher Pay Isn’t Enough to Stem Bank Employee Turnover, Study Finds appeared first on The Financial Brand. Crowe's annual study shows the median pay raises for banking jobs from teller to CEO and the main drivers of turnover. This article Higher Pay Isn’t Enough to Stem Bank Employee Turnover, Study Finds appeared first on The Financial Brand.

Study 19

Study Maine Branding Survey 19

The Paypers

NOVEMBER 3, 2023

Payments Canada has selected and partnered with Nexi to further enhance the resilience of Lynx, Canada’s payment system.

Payments 41

Payments System 41

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