Payments Dive

APRIL 22, 2024

The Federal Reserve is stressing the importance of fintechs and core providers for the future expansion of its new instant payments system FedNow.

256

256

Jack Henry

APRIL 22, 2024

The Magic 8 Ball might be the easiest fortune-telling device available. You simply ask it a question, shake it, then read its response through the little window.

Technology 88

Technology Digital Banking Strategy Lending 88

American Banker

APRIL 21, 2024

As recently as a few months ago, many observers predicted a surge of bank mergers this year. But longtime obstacles to dealmaking are still there and have been joined by new ones.

Community Bank 82

Community Bank Community Lending 82

BankInovation

APRIL 22, 2024

Truist Bank expects to continue investing in technology to save money as it restructures. “We continue to see improvements in productivity due to investments in technology,” Chief Executive William Rogers said today during Truist’s first-quarter earnings call.

66

66

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

Payments Dive

APRIL 22, 2024

The CFPB report put gaming companies on notice that the long-expected regulatory scrutiny has arrived, according to professionals involved in the industry.

195

195

American Banker

APRIL 22, 2024

With financial crime surging worldwide, it is critical that the public and private sectors align on a shared vision to collectively focus on combating bad actors and to eliminate their ability to launder the proceeds of criminal activity.

Regulation 75

Regulation Compliance 75

TheGuardian

APRIL 20, 2024

The prospect of home loan rates staying high for longer is not the tonic for lenders’ financial results it once was Mortgage borrowers who had been holding out for more affordable rates had their hopes dashed last week, as disappointing economic data raised the likelihood of borrowing costs staying higher for longer. A drop in the annual rate of inflation to 3.2% in March fell only just short of City expectations for a drop to 3.1%, but that was enough to prompt investors to trim their bets on a

Data 51

Data Marketing Groups 51

Payments Dive

APRIL 22, 2024

JPMorgan Chase is an early user of Codat’s Supplier Enablement product, which launched this week.

195

195

The Paypers

APRIL 22, 2024

Nigeria-based blockchain payments startup Ivorypay has formed a partnership with stablecoin issuer Tether to offer digital transactions to more consumers across Africa.

blockchain 45

blockchain Payments 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

American Banker

APRIL 22, 2024

The bank will use biometric authentication to streamline checkout in stores starting in 2025. It has already completed internal and external pilots of the technology.

69

69

TheGuardian

APRIL 22, 2024

The Jubilee 2000 saw $130bn of debt written off, and yet we now find ourselves in a renewed global debt crisis, says Maria Finnerty of Cafod The Guardian is right to identify the global sovereign debt crisis as one of the most critical impediments to sustainable development today ( Editorial,16 April ). Debt relief is urgently needed, but we must also learn the lessons of history.

44

44

The Financial Brand

APRIL 22, 2024

This article Why Banks Risk Data Chaos by Rushing Into AI for CRM appeared first on The Financial Brand. Poorly trained AI-driven CRM could lead to unchecked inaccuracies due to hallucinations, leaks of sensitive customer data, and create unintended discriminatory behavior. This article Why Banks Risk Data Chaos by Rushing Into AI for CRM appeared first on The Financial Brand.

Data 20

Data Training Branding Fintech 20

The Paypers

APRIL 22, 2024

Money movement platform TabaPay has announced that it will acquire the assets of Synapse Financial Technologies , as part of its product expansion strategy.

Financial Technology 45

Financial Technology Technology Strategy 45

Advertisement

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

US

American Banker

APRIL 22, 2024

While banks with less than $10 billion of total assets would not be forced to comply with the $14 cap, many would adopt it or make other changes to stay competitive with larger banks, survey finds.

Survey 54

Survey Compliance Regulation 54

TheGuardian

APRIL 20, 2024

Growing social media interest in method of tracking spending and saving prompts banks to get in on the act Each month 20,000 people tune in to watch 27-year-old Beth Fuller work out how to spend her salary. For a year and a half she has, on payday, opened a spreadsheet and written out in granular detail what she will owe in bills, exactly what she wants to do in the weeks ahead, how much it will cost and how much she intends to save.

social media 49

social media How To 49

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. DOWNLOAD Takeaway 1 Financing plays a crucial role in small business survival and success.

195

195

The Paypers

APRIL 22, 2024

UK-based Trulioo has announced that it joined forces with Nium , a real-time cross-border payments provider, allowing the latter to integrate its Person Match identity verification feature.

Payments 41

Payments 41

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

APRIL 22, 2024

After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.

36

36

The Financial Brand

APRIL 22, 2024

This article How the Mastercard/Visa Settlement with Retailers Could Remake the Payments Business appeared first on The Financial Brand. Settlement of a lawsuit that began in 2005 will shift the balance of power in how consumers pay merchants. This article How the Mastercard/Visa Settlement with Retailers Could Remake the Payments Business appeared first on The Financial Brand.

15

15

The Paypers

APRIL 22, 2024

The UK’s Metropolitan Police has announced that it infiltrated LabHost, a fraud website leveraged by criminals to scam individuals into handing over their personal data.

Fraud 41

Fraud Data 41

The Paypers

APRIL 22, 2024

Sweden-based live video shopping provider Bambuser has announced its partnership with Klarna , with the company acquiring the latter’s virtual shopping solution.

Video 41

Video 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

The Paypers

APRIL 22, 2024

Brankas has been licenced for Account Information Services (AInS) after the company secured Payment Service Provider (PJP) Category 2 license by Bank Indonesia (BI).

Security 41

Security Payments Company 41

The Paypers

APRIL 22, 2024

Nu Holdings , a digital financial services platform, has announced that it intends to increase Nu Mexico ’s equity capitalisation by nearly USD 100 million.

41

41

The Paypers

APRIL 22, 2024

US-based digital asset exchange Kraken has bought TradeStation Crypto to expand its regulatory licensing in the US.

US 51

US 51

The Paypers

APRIL 21, 2024

WorldFirst launches the global sourcing payments solution WorldTrade in order to facilitate secure, fast, and efficient B2B trade for SME customers.

Security 41

Security Payments 41

Advertiser: Data Robot

The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.

Marketing