Fri.Apr 26, 2024

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Why financial institutions should embrace ISO 20022

Payments Dive

Adopting ISO 20022 payment standards can help U.S. banks and credit unions unlock richer data and stay competitive in the global financial marketplace.

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Five named to FDIC community banking advisory committee

ABA Community Banking

The FDIC announced five new members of the agency’s Advisory Committee on Community Banking. The post Five named to FDIC community banking advisory committee appeared first on ABA Banking Journal.

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Where are bank branches headed?

ATM Marketplace

Bank branches are decreasing in number across the U.S., but this trend doesn't tell the entire story.

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Barclays accused of greenwashing over financing for Italian oil company

TheGuardian

Exclusive: Environmental groups say bank is misleading public over ‘sustainable’ financing for Eni as company vastly expands fossil fuel production Barclays is being accused by environmental groups of greenwashing after helping to arrange €4bn (£3.4bn) in financing for the Italian oil company Eni in a way that allows them to qualify towards its $1tn sustainable financing goal.

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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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Visa enters the AWS Partner Network

The Paypers

US-based payment card services corporation Visa has announced that it entered the AWS Partner Network (APN) to enhance and simplify digital payments worldwide.

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More Trending

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FastSpring, EBANX expand Pix payments for digital products in Brazil

The Paypers

FastSpring has partnered with fintech EBANX to augment the payment experience with Pix in Brazil, facilitating global expansion for digital product companies.

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American Banker news quiz: April 26

American Banker

In the inaugural iteration of American Banker's news quiz, test your knowledge on top articles covering the legal battles of the Consumer Financial Protection Bureau, new technology testing at JPMorgan Chase, earnings season and more.

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Splitit launches FI-PayLater

The Paypers

US-based instalment service Splitit has launched the FI-PayLater solution to provide its merchant network to banks and card issuers aiming to offer instalment plans to customers.

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Associated in Green Bay gathers lending momentum, boosts margin

American Banker

The Wisconsin banking company forecasted loan growth of 4% to 6% for the full year, driven by an expansion into new commercial and consumer credit lines as well as enduring economic strength in the Midwest.

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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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Flutterwave partners with Acquired.com

The Paypers

Flutterwave has announced its partnership with Acquired.com in order to provide secure and efficient outward card payments on Send App for EU and UK users.

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We’ve Updated Our Social Media!

Image Works Direct

In case you haven’t noticed by now, the image.works social media has undergone a major refresh! Two of our goals in 2024 were to focus on our branding and increase our engagement on social media. So, what does that look like?

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Fidesta chooses iDenfy to streamline remote client identification

The Paypers

Cyprus-based provider of trust services Fidesta has implemented iDenfy ’s ID, AML, phone, and address verification solutions for an improved customer experience.

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Bank branches need to balance new technology with personal service

American Banker

Branches won't succeed without significant investment in mobile and in-branch technology; but failing to invest in bankers themselves is just as big a problem.

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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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WEX partners with Booking.com to improve global travel solutions

The Paypers

Global commerce platform WEX has become Booking.com ’s preferred virtual card provider to simplify travel-related purchases for customers.

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'Be your own champion': How hybrid work can empower careers

American Banker

To build their executive presence in meetings and on video calls, junior employees should embrace flexible schedules — and possibly media training, Michelle Young of Worldpay and Anna Greenwald of MoneyGram International said at American Banker's Payments Forum.

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Airwallex expands payment acceptance to the US

The Paypers

Airwallex has expanded payment acceptance to the US, to accelerate its development process and optimise cross-border payments for customers.

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Investors seek billions from SVB's husk. Why regulators refuse to pay

American Banker

The agency has a history of tangling with parent companies over how to split the burden after banking units collapse.

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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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RBI bars Kotak Bank

The Paypers

The RBI has ordered Kotak Mahindra Bank to stop onboarding new customers through its online and mobile banking channels and stop issuing new credit cards.

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Will Banks and Fintechs Become Retail Media Networks?

The Financial Brand

This article Will Banks and Fintechs Become Retail Media Networks? appeared first on The Financial Brand. Chase Media Solutions, now followed by Revolut's own effort on new media revenues, raise questions about privacy, personal data and what consumers will trade for them. This article Will Banks and Fintechs Become Retail Media Networks? appeared first on The Financial Brand.

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Elavon and FreedomPay join forces

The Paypers

Elavon has announced its expanded collaboration with FreedomPay , which aims to deliver integrated commerce solutions and omni-channel payments technology.

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Wise Platform and T2P collaborate cross-border transfers in Thailand

The Paypers

Wise Platform and T2P have announced their partnership aimed at improving the efficiency and transparency of international money transfers in Thailand.

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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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Square introduces Bitcoin conversions for Cash App users

The Paypers

US-based financial technology conglomerate Block has decided to link its merchant services system Square and peer-to-peer payments app Cash App.

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Finastra launches Next Gen Mobile Banking

The Paypers

Global provider of financial software applications and marketplaces Finastra has announced the launch of its Next Gen Mobile Banking solution.

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Netbank partners with Intel-Soln. Philippines

The Paypers

Netbank (A Rural Bank) has announced a partnership with Intel-Soln. Philippines with the aim of empowering digital transformation.

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Nayax partners with DKV Mobility to expand payment reach in Europe

The Paypers

Israel-based fintech Nayax has joined forces with DKV Mobility to expand payment acceptance for fuel and service cards across Europe, enhancing customer convenience.

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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.