Fri.Apr 19, 2024

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Amex endures slow return of SMB demand

Payments Dive

Small and mid-sized businesses were fueling growth for American Express during the COVID-19 era, but not this year. That billed business grew 1% in the first quarter over last year.

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Credit Card Lingo Demystified!

BankBazaar

Confused by Credit Card jargon? Feeling lost in a sea of APRs, rewards points and interest charges? You’re not alone! This blog post is your saviour, translating complex Credit Card terminology into plain English. Dive in and learn to speak the language of Credit Cards – without getting lost in translation! Credit Cards – those handy rectangles that promise convenience, rewards and sometimes, a whole lot of confusion.

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Amazon defends ‘Just Walk Out’ pullback

Payments Dive

The retailer’s grab-and-go technology will be targeted to small stores, while its smart carts will be prevalent in grocery stores, the company said this week.

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Top banking digital signage trends to watch

ATM Marketplace

Omnichannel experiences are driving behaviors that motivate, inspire, and stir emotions that prompt action in bank branches. Digital signage has emerged as an essential component of these experiences.

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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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Accounts receivable automator Versapay taps new CFO

Payments Dive

Ed Neumann is joining the AR platform provider as it looks to grow by targeting companies seeking to digitize their older manual systems.

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More Trending

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Is the Fed board eroding regional Fed banks' independence?

American Banker

For the better part of the past decade, the Federal Reserve Board in Washington has played a more active role in presidential searches by regional reserve banks. The shift seems to have made the system more diverse, but some argue it's at the expense of regional bank independence.

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Bluecode partners with Alipay+

The Paypers

Austria-based payment brand Bluecode has entered a strategic partnership with Alipay+ to enable its users to make payments at all of the latter’s supported stores across Europe.

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American Express' consumer spending thrives, but small business lags

American Banker

Powered by younger, affluent cardholders, American Express saw a 6% increase in billed business during the first quarter, while weak growth still plagues its small-business segment.

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Pliant secures EUR 18 mln Series A extension led by PayPal Ventures

The Paypers

Pliant has raised more than EUR 18 million in Series A extension financing led by PayPal Ventures to expand into the UK and other markets outside the EU.

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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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Allow private capital to provide liquidity to Ginnie Mae servicers

American Banker

Banks and other private lenders could help ease the liquidity crisis facing some companies that service Ginnie Mae mortgages, but are currently prevented from doing so by the agency's rules. A simple fix would benefit everyone involved.

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Revolut launches refinancing facility in Romania

The Paypers

UK-based fintech company Revolut has announced the launch of its refinancing facility in the region of Romania, as well as the solution’s overall global premiere.

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A love for data jump started the career of Citizens' chief experience officer: The Climb

American Banker

Beth Johnson, a self-described math geek, is driving the bank's ESG strategy and training its employees to keep pace with industry trends.

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Mastercard launches mobile virtual card application

The Paypers

Mastercard has announced the launch of its mobile virtual card application in order to simplify and make travel and business expenses more secure.

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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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Can Banks Help Reduce Small Business Racial and Gender Disparities?

The Financial Brand

This article Can Banks Help Reduce Small Business Racial and Gender Disparities? appeared first on The Financial Brand. Small businesses led by underrepresented demographic groups exhibit slower and less growth than those led by white owners. Banks may be able to help turn the tide with targeted awareness outreach and more lending options. This article Can Banks Help Reduce Small Business Racial and Gender Disparities?

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Cognizant joins forces with FICO

The Paypers

US-based professional services company Cognizant has entered a strategic collaboration with FICO in a bid to introduce a cloud-based payment fraud prevention solution.

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Credit Cards Fuel Big Banks’ Loan Growth Amid ‘Normalization’

The Financial Brand

This article Credit Cards Fuel Big Banks’ Loan Growth Amid ‘Normalization’ appeared first on The Financial Brand. Credit card lending boosts big banks' loan growth as consumer spending normalizes post-pandemic. This article Credit Cards Fuel Big Banks’ Loan Growth Amid ‘Normalization’ appeared first on The Financial Brand.

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Backbase joins forces with EverBank

The Paypers

Netherlands-based Engagement Banking Platforms provider Backbase has entered a strategic partnership with EverBank to improve commercial and treasury solutions.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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F92 and Tandem Bank help spread financial literacy

The Paypers

UK-based charity Foundation 92 (F92) has partnered with Tandem Bank to deliver financial inclusion across UK’s Greater Manchester.

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FinMont partners with Ubank Connect

The Paypers

Global payment orchestration platform FinMont has partnered with Ubank Connect to allow merchants to accept and send payments across emerging markets.

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Ramp secures USD 150 million in Series D-2 round

The Paypers

US-based spend management company Ramp has announced that it secured USD 150 million in a Series D-2 funding round in a bid to expand operations.

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Al Etihad Payments selects Fime for Jaywan scheme

The Paypers

Al Etihad Payments , a subsidiary of the Central Bank of the UAE, has chosen Fime to support the establishment of the UAE's domestic card payment scheme, known as Jaywan.

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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.

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Finastra launches online retail lending solutions marketplace

The Paypers

UK-based Finastra has rolled out its Solution Store, an online platform that offers customers retail lending solutions.

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Marqeta partners with Rain

The Paypers

US-based Marqeta has announced its partnership with Rain in order to deliver earned wage access to customers through the use of Embedded Finance.

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Wells Fargo partners with TradeSun for trade finance digitalisation

The Paypers

TradeSun and Wells Fargo have announced a collaboration aimed at enhancing trade finance and compliance processes within the banking industry.