American Banker
MARCH 11, 2024
Midsize lenders have largely defied the most dire predictions following Silicon Valley Bank's demise. But the nation's largest banks still have structural advantages, and the regionals remain hampered by their real-estate heavy portfolios and the continuing impact of high interest rates.
Payments Dive
MARCH 11, 2024
“We are all in an arms race to protect this ecosystem, to protect the network,” Visa CEO Ryan McInerney said at an investor conference last week.
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The Paypers
MARCH 11, 2024
US-based payment technology corporation Mastercard has partnered with Europe-based paytech Nexi to support Open Banking payments in Europe.
Payments Dive
MARCH 11, 2024
The bank’s payments unit plans to engage in more pilots this year before rolling out the checkout service broadly next year, said Prashant Sharma, JPMorgan’s executive director of biometrics and identity solutions.
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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.
American Banker
MARCH 11, 2024
Later this month, a federal judge will hear arguments over whether an animal rights group may proceed with its lawsuit that says an industrial ag company violated state and federal animal-protection laws and as a result must repay its Paycheck Protection Program loan.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
American Banker
MARCH 11, 2024
TD Bank is among the latest to support Tap to Pay, which allows clients to accept contactless payments on their personal smartphones. Through its investment in Autobooks, it enables others to do the same.
BankInovation
MARCH 11, 2024
Bristol, U.K.-based ClearBank has applied for a license to expand its services to Europe in search of growth. ClearBank officials are hopeful for approval from the European Central Bank in the second quarter, Paul Staples, group head of embedded banking, told Bank Automation News.
American Banker
MARCH 11, 2024
Bank of America, Citi and Navy Federal are among banks and credit unions to recently manage through unforeseen challenges.
BankInovation
MARCH 11, 2024
To keep up with consumer demand for digital capabilities, Bank of America’s inventors focus on solving client problems and removing friction through innovation and patent efforts. In 2023, the $3.2 trillion bank was granted 644 patents, up 6% year over year from 2022, according to a bank press release.
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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
MARCH 11, 2024
The European Data Protection Supervisor (EDPS) has investigated the European Commission 's use of Microsoft 365 and found several violations of data protection rules.
BankInovation
MARCH 11, 2024
Bristol, U.K.-based ClearBank has applied for a license to expand its services to Europe in search of growth. ClearBank officials are hopeful for approval from the European Central Bank in the second quarter, Paul Staples, group head of embedded banking, told Bank Automation News.
American Banker
MARCH 11, 2024
Sound Credit Union said it would acquire Washington Business Bank in a cash deal slated to close in the fourth quarter.
The Paypers
MARCH 11, 2024
The European Union has revealed a Digital Identity Wallet in a bid to cater to the needs of its citizens, residents, and businesses.
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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
American Banker
MARCH 11, 2024
Sen. Bill Hagerty, R-Tenn., and Sen. Elizabeth Warren, D-Mass., sent separate letters to banking regulators on the anniversary of the failure of Silicon Valley Bank, with Hagerty questioning the Federal Deposit Insurance Corp.'s sale of Signature Bank's assets and Warren urging the regulators to tighten capital and liquidity requirements.
The Paypers
MARCH 11, 2024
Fingerprints has announced its partnership with Thales and Garanti BBVA in order to launch a biometric payment card for customers in the region of Türkiye.
American Banker
MARCH 11, 2024
Federal Deposit Insurance Corp. vice chair Travis Hill Monday criticized his agency's lack of clarity on digital assets, warning that the current approach risks hindering U.S. influence in the global rollout of blockchain at banks.
The Paypers
MARCH 11, 2024
2innovate has announced its partnership with Paymentology in order to optimise operational efficiency and security in the Latin American financial ecosystem.
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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.
American Banker
MARCH 11, 2024
"Don't fight the Fed" is the mantra of investors. But, when the Fed does not allow banks to meet the needs of their communities and shareholders through unfair regulations, like the politically motivated CRA final rule, bankers have no choice but to go to court to seek regulatory justice.
The Paypers
MARCH 11, 2024
Travel technology company Amadeus has announced the acquisition of Voxel , an electronic invoice and B2B payment solution provider, aiming to improve the overall travel payment experience.
The Financial Brand
MARCH 11, 2024
This article Rebranding Is Expensive, Time-Consuming – and Essential appeared first on The Financial Brand. How financial institutions are refreshing their brands with messaging that taps into the emerging priorities of their customers. This article Rebranding Is Expensive, Time-Consuming – and Essential appeared first on The Financial Brand.
The Paypers
MARCH 11, 2024
Ant Group , the fintech affiliate of Alibaba Group Holding, has increased the mobile payment transaction limits for overseas visitors to Alipay and international e-wallets in China.
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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 Financial Brand
MARCH 11, 2024
This article Why Credit Unions Are Primed to Revolutionize Financial Services in the U.S. appeared first on The Financial Brand. Younger consumers are ready to become credit union customers, if the industry leans into its strengths, powered by digital technology. This article Why Credit Unions Are Primed to Revolutionize Financial Services in the U.S. appeared first on The Financial Brand.
The Paypers
MARCH 11, 2024
Nigeria-based fintech Flutterwave has announced its intentions to discontinue Barter, a virtual card service, aiming to focus on its enterprise and remittance segments.
American Banker
MARCH 11, 2024
While some said the agency was ignorant of its own rules, one trade group praised the goals of the posting.
The Paypers
MARCH 11, 2024
Open Finance company Brankas has signed a Memorandum of Agreement (MoA) with PeekUp Pay , to support the latter with instant disbursement in the PeekUp Driver app.
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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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