Jack Henry
NOVEMBER 20, 2023
Captain Obvious here: we’re well into fall now with Thanksgiving right around the corner! The season that starts with pumpkin spice lattes and apple picking moves (too) quickly through Halloween and finishes with a huge helping of stuffing and apple pie. Some of us never grow out of the fun of celebrating the “spooky season”.
Payments Dive
NOVEMBER 20, 2023
Payments company Stripe said it’s the first time that an airline will use Apple’s contactless payments feature across an entire fleet.
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TheGuardian
NOVEMBER 20, 2023
I think people everywhere, even on juries, have had enough of our leaders’ failure to tackle the climate crisis In 2021, I was arrested with eight other women for breaking the windows at HSBC’s headquarters in London. On Thursday, after just two hours of deliberation, a jury of our peers found all nine of us not guilty of nearly half a million pounds in criminal damage.
Payments Dive
NOVEMBER 20, 2023
Adapting to regulation could be a costly endeavor for BNPL companies already facing losses and more expensive funding costs, Moody’s analysts said.
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.
CFPB Monitor
NOVEMBER 20, 2023
The Consumer Bankers Association has launched a four-part blog series “Facts Matter” to counter what it calls “misinformation conveyed by the CFPB” in its press release about the CFPB’s October 2023 report (Report) under the Credit Card Accountability Responsibility and Disclosure Act (CARD Act). The CARD Act requires the CFPB to issue a biennial report to Congress on the consumer credit card market.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Jack Henry
NOVEMBER 20, 2023
Discover why a unified platform suits retail banking, yet diverse businesses need custom-tailored digital tools for seamless financial management.
Payments Dive
NOVEMBER 20, 2023
The Fed's vice chair for supervision expressed optimism about FedNow’s benefits and said he expects it to co-exist with the privately owned RTP network.
CFPB Monitor
NOVEMBER 20, 2023
Earlier this month, the CFPB filed a notice with the Texas federal district court that it is appealing to the Fifth Circuit the district court’s order granting summary judgment to a group of trade associations in their lawsuit against the CFPB challenging the changes made to its UDAAP Exam Manual in March 2022. .
Payments Dive
NOVEMBER 20, 2023
The fintech’s nearly fourfold jump in profits comes as its chief financial officer is preparing to depart after an eight-year tenure.
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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
BankBazaar
NOVEMBER 20, 2023
‘ Life is simple, but we insist on making it complicated ’ , said Confucius. W e won’t change our ways; hence the onus is now on Credit Cards to make our lives simpler. Somebody said, ‘Make my life easy’, and Credit Cards appeared out of nowhere. Though that’s not how they came into existence, we’re certain that Credit Cards do indeed make our lives easy.
American Banker
NOVEMBER 20, 2023
A medical services company is suing the nation's largest bank, alleging that it refused transactions, closed accounts and erroneously told customers that the company was subject to sanctions by the U.S. Treasury Department. JPMorgan declined to comment on the suit.
TheGuardian
NOVEMBER 20, 2023
Employees in Albuquerque, New Mexico, and Bethel, Alaska, make rare move to organize staff in financial industry Workers at two Wells Fargo bank branches are planning to launch unionization efforts on Monday in a rare move to organize staff at a financial services company. Employees in Albuquerque, New Mexico, and Bethel, Alaska, said they would notify the National Labor Relations Board that they plan to hold elections to decide whether to unionize, the Wall Street Journal reported.
American Banker
NOVEMBER 20, 2023
Microsoft, Google, Salesforce, ServiceNow, Blend, Q2 and Intuit are among the software companies that offer copilots. Here's why banks are taking notice.
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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
Commercial Lending USA
NOVEMBER 20, 2023
Discover the ins and outs of bridge loans, non-QM mortgage lending, and navigating current lending rates for seamless property transactions!
BankInovation
NOVEMBER 20, 2023
Major banks in the European Union and the United Kingdom benefited from high rates during the third quarter, while others competed for consumer deposits. European banks, including Deutsche Bank, ING, Santander Bank and UBS, reported the strongest performance in15 years in the first half of 2023, according to an Oct. 4 Fitch Ratings report.
American Banker
NOVEMBER 20, 2023
The megabank did not say how many positions it plans to cut as part of a reorganization that represents Jane Fraser's biggest move so far as CEO.
BankInovation
NOVEMBER 20, 2023
ConnectOne Bank Senior Vice President and Chief Brand and Innovation Officer Siya Vansia is focused on aligning the bank’s digital and business strategies. During the third quarter, the Englewood Cliffs, N.J.-based, $9.7 billion bank invested in its people and technology, Chief Executive Frank Sorrentino said during the bank’s October Q3 earnings call.
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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 20, 2023
Salt Bank has announced its partnership with Starling Bank in order to use the latter’s Engine platform for the development of digital banking solutions in Romania.
American Banker
NOVEMBER 20, 2023
The top five have more than $2.6 trillion in combined securities as of March 31, 2023.
The Paypers
NOVEMBER 20, 2023
Singapore-based Bitget Wallet has unveiled Task2Get, a Web3 exploration platform aimed at improving user access to the DeFi ecosystem.
American Banker
NOVEMBER 20, 2023
Unions have historically had little success organizing bank employees, but recent high-profile gains for the labor movement have fueled hopes that will change. The two elections at Wells Fargo will be a test.
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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 20, 2023
ThetaRay has partnered with Knox Wire in order to implement its AI-based AML transaction monitoring and sanction screening for the latter’s communication system.
American Banker
NOVEMBER 20, 2023
The financial services industry has run TV ads during football games and organized lobbying visits by small-business owners in its fight against the Basel III endgame plan to raise capital requirements for larger lenders. The tactics are beginning to show signs of working.
The Paypers
NOVEMBER 20, 2023
The Monetary Authority of Singapore and Bank Negara Malaysia have partnered to launch a cross-border real-time payment system connectivity between PayNow and DuitNow.
American Banker
NOVEMBER 20, 2023
By nabbing the creators of ChatGPT during a leadership crisis at its parent company, Microsoft put itself on track to become the leading provider of generative AI for financial institutions, experts say.
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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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