Accenture

SEPTEMBER 4, 2023

While unfortunate, the rising tide of fraud is not necessarily surprising. Financial criminals have been targeting digital transactions for over three decades. As technology has evolved, so have their tactics.   The dial-up world of the 1990s was a golden age for credit card telephone fraud schemes. The smartphone explosion along with other digital devices and… The post One big idea to turn payments fraud from risk to opportunity appeared first on Accenture Banking Blog.

Fraud 330

Fraud Payments Cards Technology 330

South State Correspondent

SEPTEMBER 4, 2023

We analyzed the loan performance (return on equity, loan yield, fee income, and loan size) of hedged borrowings in a large group of community banks and compared this to the community bank industry averages. We conclude that loan-level hedging offers community banks a strong competitive advantage in the current interest rate and competitive commercial loan and deposit environment.

Analysis 195

Analysis Community Bank Community Training 195

TheGuardian

SEPTEMBER 4, 2023

Decision will ease some pressure on UK homebuyers and people seeking remortgage deals HSBC and NatWest have announced a fresh round of mortgage rate cuts and Britain’s remaining large lenders are expected to follow suit in a move that will ease some of the pressure on hard-pressed Britons. HSBC said it was cutting rates across many of its new fixed products – including some of its first-time buyer, home mover and remortgage deals – with effect from Tuesday, when full details of the reductions wi

Groups 86

Groups 86

The Paypers

SEPTEMBER 4, 2023

Astra Tech has partnered with Ant Group , a digital payment platform, to launch Alipay+, a cross-border digital payments solution, in the UAE.

Groups 73

Groups Payments 73

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

American Banker

SEPTEMBER 4, 2023

Banks in the U.S. tend to exist for about half the life span of the average human being. It doesn't have to be that way.

Policies 69

Policies Compliance Regulation 69

American Banker

SEPTEMBER 4, 2023

After remaining above $2 trillion for a year, the Federal Reserve's overnight reverse repurchase facility has seen steadily less use in recent months. The development is welcomed by banks, but could be a sign that certain financial players are shifting funds to riskier activities.

Compliance 50

Compliance Regulation 50

The Paypers

SEPTEMBER 4, 2023

The German Federal Financial Supervisory Authority ’s (BaFin) website has been affected by a cyberattack, leaving it partially accessible.

48

48

American Banker

SEPTEMBER 4, 2023

Dama Financial's new CEO Pat O'Boyle is trying to make his firm the "weed department" for reluctant financial institutions. He has heavy competition — and a reluctant target market.

Payments 48

Payments Marketing 48

The Paypers

SEPTEMBER 4, 2023

J.D. Power has released its US Consumer POS Payment Program, which shows consumers using an average of four different payment methods, including credit cards, ewallets, and BNPL.

Study 41

Study Payments US Cards 41

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

American Banker

SEPTEMBER 4, 2023

Edward M. Lamont's biography of his grandfather, Thomas W. Lamont, who advised presidents and extended credit to foreign nations as JPMorgan & Co.'s chief executive in the first half of the 20th century, will be rereleased in paperback this fall. Given that more concise, analytical histories of the banker have been published since, this long tome may have been better left collecting dust.

Analytics 36

Analytics National 36

The Paypers

SEPTEMBER 4, 2023

Global cross-border digital payments and marketing solution Ant Group has announced the launch of four mobile wallets in the Philippines, including Alipay+.

Groups 45

Groups Mobile Marketing Payments 45

American Banker

SEPTEMBER 4, 2023

The National Credit Union Administration is addressing two of the main reasons why new institutions aren't being formed — making it easier for the organizers to raise the required capital and easing the burden of the application process, says Todd Harper, the agency's chairman.

Maine 36

Maine National Capital Compliance 36

The Paypers

SEPTEMBER 4, 2023

UK-based fintech company ACE Money Transfer and Bank Alfalah have partnered in order to offer clients based in Pakistan improved remittance services.

Fintech 45

Fintech Company 45

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

The Financial Brand

SEPTEMBER 4, 2023

This article ChatGPT in Banking: Balancing Its Promise and Its Risks appeared first on The Financial Brand. Technology thought leader Brian Roemmele wants generative AI models to transform banking in positive ways and suggests ways to avoid pitfalls. This article ChatGPT in Banking: Balancing Its Promise and Its Risks appeared first on The Financial Brand.

Branding 39

Branding Technology Customer Experience Strategy 39

The Paypers

SEPTEMBER 4, 2023

UK-based payments specialist Acquired.com has announced the launch of its all-in-one Hosted Checkout solution to support the widespread adoption of Open Banking payments.

Payments 41

Payments 41

The Financial Brand

SEPTEMBER 4, 2023

This article Debit Cards Rule for Point-of-Sale Payments, So Market Them Better appeared first on The Financial Brand. Consumer spending is often done on debit cards, so why not do more to differentiate — and market — these cards as a way to attract deposits? This article Debit Cards Rule for Point-of-Sale Payments, So Market Them Better appeared first on The Financial Brand.

Cards 35

Cards Marketing Payments Branding 35

The Paypers

SEPTEMBER 4, 2023

India-based payments company Paytm has announced the launch of Card Soundbox, the first Soundbox in the region set to accept all domestic and international card payments.

Cards 41

Cards Payments Regional Company 41

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

Digital Growth Institute

SEPTEMBER 4, 2023

In the Age of AI, where competition is fierce and customer expectations are higher than ever, delivering a positive customer experience has become a top priority for businesses across industries. Shep Hyken , the Chief Amazement Officer of Shepard Presentations and an authority on customer service and experience, joined James Robert Lay on the Banking on Digital Growth Podcast to share his valuable insights on what makes for a remarkable customer experience in the digital world.

Customer Experience 15

Customer Experience Industry 15

The Paypers

SEPTEMBER 4, 2023

Banking Circle has announced its new membership in the Spanish Association of FinTech and InsurTech ( AEFI ), aiming to strengthen its presence in the region.

Regional 41

Regional Fintech 41

The Paypers

SEPTEMBER 4, 2023

Emirates NBD , a banking group that operates in the MENAT region, has announced its investment in Komgo , for the development of the trade finance industry.

Regional 41

Regional Groups Operations Industry 41

The Paypers

SEPTEMBER 4, 2023

Cashfree Payments , a payment and API banking solutions company, has partnered with Jamboree , an educational consultancy, to simplify fee payments for Indian students studying overseas.

Payments 36

Payments Study Company 36

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

The Paypers

SEPTEMBER 4, 2023

UK-based payment solutions company Clear Junction has acquired UK-based provider of fiat-to-crypto gateway solutions Altalix.

Company 45

Company Payments 45

The Paypers

SEPTEMBER 4, 2023

Australia-based bank Westpac has released new data which shows the number of reported scams from different age groups of Australians.

Online 41

Online Groups Data Report 41

The Paypers

SEPTEMBER 4, 2023

A new Juniper Research study has forecasted network-tokenised transactions to enable 85% of global ecommerce transactions by 2028.

Study 41

Study 41

The Paypers

SEPTEMBER 4, 2023

Cryptocurrency exchange Gate.io has announced the release of a 100% Proof of Reserves (PoR) audit upgrade plan.

cryptocurrency 45

cryptocurrency 45

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