Fri.Mar 08, 2024

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Apple reverses decision on blocking Epic

Payments Dive

“We are moving forward as planned to launch the Epic Games Store and bring Fortnite back to iOS in Europe,” Epic said following the change.

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Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

Bank wire fraud is growing and becoming more complex. Here are a few simple things you, as a financial crime professional, can do to slow it down. Would you like other articles like this in your inbox? Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today. Takeaway 2 Transnational criminal organizations commit b ank wire transfer fraud and use a variety of techniques to make Americans their victims.

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Fleetcor invests in Brazilian mobile app business Zapay

Payments Dive

Fleetcor’s investment this week follows other payments companies, including Visa, in investing in Brazilian businesses.

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VA Proposes Supplemental Refinance Loan Rule

CFPB Monitor

As previously reported , in November 2022 the Department of Veterans Affairs (VA) issued a proposal to update its rules for interest rate reduction refinancing loans (often referred to as “IRRRLs”) to conform with VA loan refinance provisions in the Economic Growth, Regulatory Relief, and Consumer Protection Act, which was enacted in 2018, and the Protecting Affordable Mortgages for Veterans Act of 2019.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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Financial Planning & Women

BankBazaar

This International Women’s Day, we are happy to bring to you a primer on financial planning written keeping women at the centre. Taking the first steps to financial independence is difficult regardless of your gender. However, women face some hurdles unique to them, leaving them with a disadvantage when it comes to finances. This can have a far-reaching impact on the financial and emotional well-being of women, and by extension, their families.

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More Trending

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Kristalina Georgieva wins backing to run for second term as IMF chief

TheGuardian

Bulgaria’s ‘eternal optimist’ in favour with European finance ministers after first five-year stint encompassing Covid and Ukraine The head of the International Monetary Fund , Kristalina Georgieva, will run for a second five-year term after being nominated by a string of European countries to lead the global lender. The Bulgarian economist and champion of policies to tackle the climate crisis will be given the support of her home country, which said she had accepted the nomination for another t

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PayPal adds support for iPhone payments, BNY Mellon's Regelman exits

American Banker

PayPal expands Tap to Pay for iPhone payments; BNY Mellon's securities services leader exits; FleetCor rebrands as Corpay; and more in this week's banking news roundup.

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The CBA launches cyber security toolkit for newcomers

The Paypers

The Canadian Bankers Association has announced the launch of its new cyber security toolkit, developed for newcomers in the region of Canada.

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Mastercard implements executive oversight on gen AI

BankInovation

To ensure that data is handled responsibly, Mastercard uses an established set of data and tech responsibility standards as well as additional senior executive oversight on all generative AI applications.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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

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Mastercard, Dwolla using open banking to pursue separate markets

American Banker

In unrelated initiatives, the two companies are extending their use of open banking to create deeper client relationships.

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Top 8 ATM software solutions

ATM Marketplace

Here are the top ATM software solutions to get your ATM up and running.

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Introducing Glances: The Next-Gen Integration App for Banks

Realwired Appraisal Management Blog

“We tried to do an integration with our LOS, it was a huge lift. It was awful, took a ton of human capital to get it done.” We hear this a lot. Custom API integrations are complex, time-consuming and can be wildly expensive.

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Fed finalizes risk management rule for 'financial market utilities'

American Banker

The rule updates requirements for how systemically important clearing networks prepare for and respond to operational risks.

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The State of Automation in Financial Services 2024 Report

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

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Open banking: An opportunity for banks to sell data

BankInovation

Banks are looking for ways to monetize the sharing of consumer data as open banking regulations are passed across the globe.

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Tap-to-Pay on iPhone live for Venmo business and PayPal Zettle in the US

The Paypers

US-based online payments gateway service provider PayPal has announced that Tap-to-Pay on iPhone is available for Venmo business profiles and PayPal Zettle users in the US.

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One year after SVB's collapse, it's time to reform banker pay

American Banker

Bipartisan legislation is ready for consideration in the Senate, but even if that fails, regulators have the tools they need to rein in excessive risk taking.

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xpate partners with Mambu

The Paypers

xpate has announced its partnership with Mambu in order to offer customers in Europe optimised payment solutions by using the latter’s cloud banking platform.

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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.

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Biden's speech elicits mixed reaction from housing industry

American Banker

Regulatory reform – rather than Biden's proposed solutions – is needed to fix the inventory crisis, some say, but others applauded the president's buyer cost-cutting initiatives.

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Tarabut and BENEFIT form Open Banking partnership in Bahrain

The Paypers

Tarabut has partnered with Bahrain-based fintech BENEFIT to launch a consent authentication method that streamlines Bahrain’s Open Banking ecosystem.

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What former FHFA Director Mark Calabria foresees for housing

American Banker

Here's how the former regulator thinks Fannie Mae and Freddie Mac could exit conservatorship and where he sees the residential market headed this year and next.

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Hertz collaborates with Stripe

The Paypers

Financial infrastructure platform for businesses Stripe has announced its collaboration with The Hertz Corporation to enable payments for the latter’s Hertz, Dollar, and Thrifty car rental brands.

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.

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TD Bank Deploys Apple’s Tap to Pay with iPhone to Grow Its SMB Lineup

The Financial Brand

This article TD Bank Deploys Apple’s Tap to Pay with iPhone to Grow Its SMB Lineup appeared first on The Financial Brand. TD joins early adopters like J.P. Morgan Payments, Square and Stripe in empowering merchants to use iPhones as payment terminals. This article TD Bank Deploys Apple’s Tap to Pay with iPhone to Grow Its SMB Lineup appeared first on The Financial Brand.

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Xsolla launches new payment methods

The Paypers

Xsolla has launched new payment methods, aiming to provide gamers in the region of Africa with access to Embedded Finance solutions and instant earnings.

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Biden, Republicans clash over card fees

Payments Dive

President Biden and Republican lawmakers sparred Thursday over credit card late fees, as some House members also challenged the Federal Reserve’s proposed cap on debit card fees.

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Kiwibank goes live with ACI Worldwide's solution

The Paypers

ACI Worldwide has announced that Kiwibank has successfully gone live with its Enterprise Payments Platform to process all of its A2A real-time payments.

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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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.