Payments Dive
AUGUST 2, 2023
The payments processor launched a service during the second quarter aimed at affording ISVs the benefits of being a payment facilitator without the drawbacks associated with such a designation.
Abrigo
AUGUST 2, 2023
CRE credit risk is in the spotlight A structured approach to assessing commercial real estate risk helps banks and credit unions address inquiries about the health of CRE loans. You might also like this on-demand webinar, "Stress testing & CECL efficiencies." LISTEN Takeaway 1 The health of CRE loans and related credit risk is a focus of investors, board members, other stakeholders, and upcoming regulatory exams.
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Payments Dive
AUGUST 2, 2023
The retailer, which is pulling support on Nov. 1, had sought to tap into gaming culture to make crypto a larger part of the company’s future.
Realwired Appraisal Management Blog
AUGUST 2, 2023
Inspiring Teams and Embracing Innovation for Lasting Success Today I want to talk about the exciting role of Chief Appraiser at a bank and the incredible journey that lies ahead. As we embark on this mission, remember it all starts with why. 1.
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
AUGUST 2, 2023
There may be bipartisan agreement on SAFE Banking’s goal to help the cannabis industry enter the banking fold, but lawmakers are reportedly haggling over some of the bill’s details.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Payments Dive
AUGUST 2, 2023
After testing Mashgin’s technology late last year, the retailer will roll out the platform to 10 locations across its footprint.
ATM Marketplace
AUGUST 2, 2023
The options consumers have when it comes to paying for goods and services continues to expand. Merchants need to find an efficient way to cater to those options.
Payments Dive
AUGUST 2, 2023
For both mega-processors, sluggish revenue in their banking segment is causing a drag on overall revenue growth.
American Banker
AUGUST 2, 2023
While financial markets wobbled after Fitch Ratings reduced the U.S. government's credit rating, analysts said the action should have little long-term impact, similar to a downgrade by Standard & Poor's in 2011. JPMorgan Chase CEO Jamie Dimon argued that Fitch's action "doesn't really matter that much.
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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
AUGUST 2, 2023
Cryptocurrency worth more than USD 1.5 billion has been removed from Curve Finance after a hack, impacting the DeFi market in the process.
American Banker
AUGUST 2, 2023
The Department of Housing and Urban Development is reviewing HSBC's lending practices in certain majority Black and Hispanic neighborhoods, the bank disclosed. The regions under scrutiny include New York, Seattle and several parts of California, according to the nonprofit organization whose complaint prompted the investigation.
BankInovation
AUGUST 2, 2023
Tech provider FIS met client needs for technology, digital engagement and efficiency in the second quarter as its digital payments offerings expanded with business-to-business, FedNow, account-to-account and real-time capabilities.
American Banker
AUGUST 2, 2023
Consumers with the Apple Card deposited more than $10 billion in Apple Card's high-yield savings account that Goldman Sachs provides, the technology giant said.
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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
BankInovation
AUGUST 2, 2023
Apple launched its Tap to Pay on iPhone feature in the United Kingdom last month after rolling out the service in the United States in February 2022. The app will be available on some U.K.-based card payments platforms, including NatWest’s Tyl, and Revolut, according to Apple’s release.
American Banker
AUGUST 2, 2023
Harborstone Credit Union in Lakewood, Washington, plans to take over the Seattle Bank, which scuttled a deal to sell to BM Technologies last year.
BankInovation
AUGUST 2, 2023
Digital bank Grasshopper has turned to fintech Cable to automate financial crime assurance and testing. The collaboration allows $700 million Grasshopper to use Cable’s automated platform to improve “visibility and comprehensive compliance insights” to comply with the Banking Secrecy Act, Grasshopper Chief Compliance Officer Chris Mastrangelo told Bank Automation News.
American Banker
AUGUST 2, 2023
In 18 states, consumers are not allowed to use trained debt resolution professionals to seek relief from their creditors. That needs to change.
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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
AUGUST 2, 2023
The Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU) have intended to merge and form America’s Credit Unions.
American Banker
AUGUST 2, 2023
This week in global news: Ripple is working with the Pacific island nation of Palau on a stablecoin test, Klarna is dropping the Kosma brand from its open banking service, and more.
Image Works Direct
AUGUST 2, 2023
Over the past year, economists have been predicting a recession in the U.S. Even if a recession doesn’t come to pass in 2023, high inflation and interest rate hikes have battered consumer finances.
American Banker
AUGUST 2, 2023
While it's still relatively early to tell how much — if at all — the muni market will be impacted, Kara South, portfolio manager at GW&K Investment Management, said downgrades of certain municipal bonds are likely to follow.
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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
AUGUST 2, 2023
Luxury travel retailer DFS Group and Ant Group have entered a strategic partnership to improve payments and marketing digitalisation across the DFS retail and online stores network.
American Banker
AUGUST 2, 2023
This is the third time the Wells Fargo has tapped the bond market in recent weeks. The bank previously raised $8.5 billion and $1.7 billion of bonds after the lender's second-quarter earnings beat estimates.
The Paypers
AUGUST 2, 2023
US-based digital mortgage platform SimpleNexus has integrated with Finastra ’s MortgagebotLOS, a cloud-based loan origination system for digital mortgage lending.
American Banker
AUGUST 2, 2023
Competition in the earned wage access arena is leading to more innovation — and emphasizing the need for regulation, according to a new report from Harvard University.
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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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