Abrigo

OCTOBER 17, 2023

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. You might also like this 7-step guide to a successful software implementation. DOWNLOAD Takeaway 1 Financial institutions should review change management processes, given the ever-evolving landscape and examiners' attention.

Management 195

Management Lending Risk Management Strategy 195

Payments Dive

OCTOBER 17, 2023

The head of B2B at Global Payments is keeping an eye out for acquisitions as he focuses on bringing the company’s business-to-business services to market.

Payments 221

Payments Marketing Company 221

BankInovation

OCTOBER 17, 2023

Barclays online and mobile banking systems were down for two hours today, with the London-based bank’s clients were unable to access their accounts, the bank said on X, formerly known as Twitter. During the outage, $1.

Online 139

Online Mobile social media System 139

Payments Dive

OCTOBER 17, 2023

Payments technology provider Stax has purchased a processing services provider in its first acquisition since CEO Paulette Rowe took over in August.

Technology 221

Technology Payments 221

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

CFPB Monitor

OCTOBER 17, 2023

The Consumer Financial Protection Bureau and Department of Justice have issued a joint statement regarding “the potential civil rights implications of a creditor’s consideration of an individual’s immigration status under the Equal Credit Opportunity Act (ECOA).” The agencies begin the statement by observing that while ECOA and Regulation B do not expressly prohibit consideration of immigration status, they do prohibit creditors from using immigration status to discriminate on the basis of natio

National 103

National Regulation Lending 103

ATM Marketplace

OCTOBER 17, 2023

A panel of industry experts convened to discuss this and strategies for businesses during this year’s Interactive Customer Experience Summit in Charlotte, North Carolina.

North Carolina 100

North Carolina Charlotte Customer Experience Strategy 100

Jack Henry

OCTOBER 17, 2023

Last night we kicked off the conference and had a great time during the Welcome Reception at Lucas Oil Stadium – home of the Indianapolis Colts, the Big Ten Football Championship Game, and other popular events.

Indianapolis 88

Indianapolis Conference 88

CFPB Monitor

OCTOBER 17, 2023

California has enacted new climate legislation that will require thousands of public and private companies that conduct business in the state to disclose their Scope 1, 2, and 3 greenhouse gas emissions and climate-related financial risks. Under the new law: Public and private companies operating in California that generate at least $1 billion in annual revenue are required to report their Scope 1 and Scope 2 greenhouse gas emissions beginning in 2026, and their Scope 3 greenhouse gas emissions

CA 88

CA Company California Report 88

TheGuardian

OCTOBER 17, 2023

Bank’s board reportedly concerned at attention received by chief executive, who moonlights as DJ D-Sol The music has stopped for the chief executive of Goldman Sachs, David Solomon, amid reports that the US investment bank’s board was concerned his DJing sideline would distract him from his main job. Solomon has formally hung up his headphones on high-profile gigs and has not performed publicly in more than a year, the bank said.

Maine 90

Maine US Report 90

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

CFPB Monitor

OCTOBER 17, 2023

The CFPB and FTC announced last week that they had entered into a settlement with Trans Union LLC (TU LLC) to resolve a lawsuit filed jointly in a Colorado federal district court by the agencies alleging that TU LLC and its subsidiary, TransUnion Rental Screening Solutions, Inc. (TURSS), violated the Fair Credit Reporting Act (FCRA), the FTC Act, and the Consumer Financial Protection Act (CFPA) by failing to ensure the accuracy of tenant screening reports by including inaccurate and incomplete e

Colorado 78

Colorado Report 78

American Banker

OCTOBER 17, 2023

The two megabanks continue to shrink their branch networks, with BofA planning to close 20 locations and Wells recently shuttering 15. Both banks are also opening new branches in certain markets.

America 90

America Marketing Digital Banking Management 90

BankInovation

OCTOBER 17, 2023

Bank of America identified short-term applications for AI in areas of customer support, employee effectiveness and coding enhancements during the third quarter of 2023 as it continues to invest in the technology through talent and innovation.

America 66

America Innovation Operations Technology 66

American Banker

OCTOBER 17, 2023

The web-hosting company is updating its point-of-sale hardware and partnering with the company behind the Paze digital wallet as part of an effort to serve its clients' needs beyond e-commerce.

Strategy 85

Strategy Payments Company Mobile 85

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

BankInovation

OCTOBER 17, 2023

BNY Mellon is investing in automation, AI and new technologies to increase efficiency and drive innovation. Automation of processes, digitization and AI across the firm will make it easier for our employees to do their jobs and subsequently channel their energies towards new innovations,” Chief Executive Robin Vince said during the bank’s third-quarter earnings call.

Innovation 66

Innovation Technology Retail 66

American Banker

OCTOBER 17, 2023

Goldman Sachs said that its partnerships with Apple and General Motors are hard to exit in the short term. So the investment banking giant is concentrating on making the deals profitable, even as it acknowledges that they may not be a long-term fit.

Cards 78

Cards Apple Lending 78

BankInovation

OCTOBER 17, 2023

Goldman Sachs increased its investment in tech in the third quarter amid headcount reductions to boost operational efficiency and cost savings. The $2.6 trillion investment banking company said today that its tech spend increased to $468 million in Q3, up 2% year over year.

Operations 66

Operations Company Management 66

American Banker

OCTOBER 17, 2023

Far more than most people, financial services professionals ought to understand the compounding crisis of climate change.

Compliance 91

Compliance Regulation 91

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

The Paypers

OCTOBER 17, 2023

Singapore-based fiat-crypto payment gateway Alchemy Pay has partnered with travel travel-themed NFT collection Trekki NFT.

Payments 80

Payments 80

PopularBank

OCTOBER 17, 2023

A new Florida condo safety law passed in June 2023 makes some updates to a regulation passed in 2022 for condominium and cooperative buildings. The new law (SB 154) largely leaves the changes from the previous law (SB 4-D) in place but aims to add clarity on a few areas. SB 4-D, which passed in May 2022, centered around inspection requirements, mandatory reserves, and more transparency for unit owners regarding the condition of the buildings.

Florida 52

Florida Regulation Community Study 52

American Banker

OCTOBER 17, 2023

The nation's second-largest bank reported strong growth in net interest income, revenue and profits. But analysts continued to express concern about unrealized losses, which swelled to $131.6 billion.

America 54

America National Report 54

The Paypers

OCTOBER 17, 2023

Finastra has partnered with ELCY , an ecommerce solutions provider for the processing of international trade finance, to provide a trade finance solution for corporates.

45

45

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

OCTOBER 17, 2023

Earlier this year, HSBC agreed to pay tens of millions of dollars in settlements to U.S. regulators over its failure to monitor employees' communications on unauthorized messaging apps, including WhatsApp.

Regulation 36

Regulation Industry 36

The Paypers

OCTOBER 17, 2023

India-based payments and API banking company Cashfree Payments has partnered with Global Trade Plaza to provide cross-border payments to Indian exporters.

Payments 45

Payments Company 45

American Banker

OCTOBER 17, 2023

Net income was $2.06 billion in the third quarter, down 33% from a year earlier, amid sluggish banking activity, real estate write-downs and questions about whether dealmaking will rebound.

36

36

The Paypers

OCTOBER 17, 2023

UK-based fintech Monavate has rolled out a new Supply Chain Payments division to bring simplicity to B2B companies that are slowed down by friction in payments practices.

Fintech 41

Fintech Payments Company 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