Sat.May 04, 2024 - Fri.May 10, 2024

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How to reduce risk and save cash with Pull-ACH

Payments Dive

Finance leaders are in a unique position to reduce costs and increase revenue by evolving payment processes.

How To 393
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3 Tips to Maximize Your Commercial Lending Potential

Jack Henry

In myyears at Jack Henry™, my lending team has helped hundreds of financial institutions across the United States achieve their strategic goals by focusing on the future of commercial lending.

Lending 88
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Proposed credit card fee rules will benefit retailers, not consumers

American Banker

Big national retailers will capture all the financial benefits from proposed reductions in swipe fees, while consumers will be left with fewer benefits programs and less secure transactions.

Retail 93
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Press Release: BankBazaar Marks Third Year of Growth; Hits Rs. 215 Crore Revenue

BankBazaar

BankBazaar.com, India’s leading fintech co-branded Credit Card platform and online platform for free Credit Score, marks its third consecutive year of fast and sustainable growth, with an unaudited operating revenue of Rs.215 Crore in FY24. This growth trajectory is driven by the company’s new and existing strategic partnerships for co-branded Credit Cards with leading commercial banks.

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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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BNPL users tend to have lower incomes: Bank of America

Payments Dive

The bank analyzed its BNPL user data and discovered low-income consumers are more likely to use installment payment services. It’s also popular among Gen X consumers.

America 221

More Trending

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Vibrant Credit Union in Illinois explores a blockchain-based future

American Banker

The $1.1 billion-asset Vibrant is working with the San Francisco-based distributed ledger development firm Metallicus through its Metal Blockchain Banking Innovation Program to examine use cases.

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Staying Ahead of the Curve: Six PR Trends We’re Keeping an Eye On

William Mills

The PR industry is constantly evolving to keep up with new technologies, media platforms, and consumer preferences. As PR pros, staying ahead of the latest trends and practices is key to crafting successful campaigns. Here’s a look at six trends we’re tracking this year.

Trends 60
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Merchants urged to file claims for $5.5B payment card settlement

Payments Dive

Requests for a slice of the Visa-Mastercard settlement are due by a May 31 deadline. Lawyers are racing to alert eligible businesses.

Cards 221
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Businesses prefer The Clearing House for RTP, Citizens exec says

BankInovation

The Clearing House’s Real Time Payments’ network is gaining mid-market companies as businesses gravitate toward real-time payments. Businesses prefer The Clearing House’s RTP solution because it is established and is used by nearly 67% of U.S.

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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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Visa develops a gen AI model to combat card-testing fraud

American Banker

By training a core payment card fraud-detection platform on more than 15 billion transactions, the card network is honing the accuracy of warnings sent to issuers about suspicious purchases.

Fraud 68
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Elon Musk’s xAI startup raises $6B | Salesforce is ditching its deal to buy Informatica | HSBC & PayPal tackle quantum-safe cryptography in payments

Bussman Advisory

This week’s must-know stories in the FinTech, AI and Digital Asset space. The latest edition of the FinTech Ecosystem Newsletter is here: Image Credit: shutterstock.com The post Elon Musk’s xAI startup raises $6B | Salesforce is ditching its deal to buy Informatica | HSBC & PayPal tackle quantum-safe cryptography in payments appeared first on Bussmann Advisory AG.

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Will EWA payments expand with real-time?

Payments Dive

While some earned wage access providers use real-time payments to make distributions to employees, the big payroll services provider ADP doesn’t see employers gravitating to that option.

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CFPB fines Chime $3.25M

BankInovation

Chime Financial was fined $3.25 million by the Consumer Financial Protection Bureau today as the digital bank has failed to give timely consumer refunds. According to Chime’s refund policy, the company is required to issue consumer refunds within 14 days.

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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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NPCI International partners with Bank of Namibia

The Paypers

NPCI International Payments Limited (NIPL) has signed an agreement with the Bank of Namibia to support them in developing a UPI stack in Namibia.

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5 Ways Commercial Loans Can Boost Your Business

Commercial Lending USA

Commercial Lending USA is an excellent place to get commercial loans because almost half of all small businesses need them to start up or grow.

Lending 52
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How to accelerate revenue with payment optimization

Payments Dive

One of the best ways to accelerate business growth is through adopting a strategic approach to payment processing.

How To 195
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Podcast: How Mastercard deploys APIs

BankInovation

Payments behemoth Mastercard uses APIs to develop a wider range of products for business clients. The company processes roughly 125 billion transactions annually and managing data flow through APIs makes Mastercard’s operations efficient, Chad Wallace, executive vice president of B2B solutions, tells Bank Automation News on this episode of “The Buzz” podcast.

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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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Cannabis rescheduling may boost market, but banking uncertainties loom

American Banker

The Drug Enforcement Administration's early moves to reschedule cannabis could spur some banks to get interested in the market, but experts say without a legislative fix, the fundamental risks to taking on cannabis clients will remain.

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Increase Your Revenue in 2024: Commercial Loan Training and Marketing

Commercial Lending USA

Looking for commercial loans in the USA? Commercial Lending USA specializes in arranging commercial mortgages for businesses and commercial purposes nationwide. Get the funding you need today!

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Block integrates Afterpay with Cash App card

Payments Dive

The test offering provides buy now, pay later financing to a limited number of users of Block’s Cash App debit card for “a small fee.

Cards 195
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Bank Automation Summit Europe 2024 takes place in Frankfurt

BankInovation

Bank Automation News is pleased to announce that the inaugural Bank Automation Summit Europe 2024 will take place Oct. 7-8 in Frankfurt, Germany, at the Hilton Frankfurt.

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Addressing Top Enterprise Challenges in Generative AI with DataRobot

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.

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Regulators propose new rule establishing rules for executive pay

American Banker

In a surprise move, the Federal Deposit Insurance Corp., Office of the Comptroller of the Currency and Federal Housing Finance Agency proposed a long-awaited rule to curb certain incentive-based pay arrangements for bank executives.

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humm acquires BidFin

The Paypers

humm has announced its acquisition of the Australian-based fintech provider BidFin in order to meet the growing needs and preferences of its customers.

Meeting 41
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ATM features: 5 to include

ATM Marketplace

Want your ATM to succeed? Consider adding these five essential features.

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Private Lender vs. Traditional Financing: Pros and Cons

Commercial Lending USA

Companies can find Commercial Lending USA, which helps them pick the best plan for their company. Private lenders vs.

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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.