Accenture

DECEMBER 16, 2022

The pace of change is not slowing down. Customers’ expectations have radically changed, and they expect much more from their banking products and services than ever before. To maintain relevance, banks need to be on the pulse of these needs and create products to solve them—to unlock value for both their customers and the bank.…. The post The Ultimate Guide to Product Innovation in Banking appeared first on Accenture Banking Blog.

Innovation 404

Innovation Customer Experience 404

Payments Dive

DECEMBER 14, 2022

The largest U.S. credit card network plans to make the investment over the next five years in a "commitment to Africa’s growth potential.

Cards 418

Cards 418

Independent Banker

DECEMBER 31, 2022

Photo by Chris Williams. One of our greatest assets is our reputation as relationship bankers. When things get tough, people want to be able to talk to their banker. I’ve always been a glass-half-full guy, and though 2023 is expected to be a challenging economic year, it also brings opportunity. We simply need to remember what makes us special as community bankers, and with that as our foundation, we can embrace this season of change in four primary ways: 1.

Community Bank 218

Community Bank Community Hawaii Washington 218

Gonzobanker

DECEMBER 1, 2022

Moving from a traditional CAPEX model to an “as-a-service” OPEX model could be the key to transforming banks’ ATM/ITM channel. ATMs have changed a bit in the last few years. The latest models resemble something one might see on the floor of a casino rather than the clunker model in the corner. Banks whose fleets resemble more of the latter are probably past due for an upgrade.

ATM 158

ATM Resources Management Capital 158

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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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CFPB Monitor

DECEMBER 21, 2022

The Federal Reserve Board issued a final rule last week that establishes default rules for benchmark replacements in certain contracts that use the London Interbank Offered Rate (LIBOR) as a reference rate. LIBOR will be discontinued in June 2023. The.

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Cisco

DECEMBER 13, 2022

As climate change and the impacts of the carbon-based economy are becoming a centerstage conundrum across the globe, driving shareholder value is no longer the only goal for financial institutions (FIs). There is pressure from shareholders, consumers, employees, and regulators for organizations to move towards a more sustainable future, and to set ambitious greenhouse gas (GHG) emissions reduction goals.

Industry 144

Industry San Jose New York City Resources 144

Payments Dive

DECEMBER 5, 2022

The purchase of Online Payments Group will bolster Shift4’s international expansion plans, the company's CEO said last week.

Payments 435

Payments Groups Online Company 435

Independent Banker

DECEMBER 31, 2022

Photo by Chris Williams. As we enter a new chapter and start a new financial statement cycle, know that ICBA will be there to support you with tools, resources and advocacy efforts. The beginning of a new year feels like a fresh start, a new chapter in our stories. We have a blank page on which we can write our narrative over the course of the year, with new milestones filling the pages ahead.

Community Bank 159

Community Bank Community Resources Tools 159

ATM Marketplace

DECEMBER 6, 2022

ATM crimes are on the rise, especially hook and chain attacks. Some banks are putting up stickers warning criminals that ATMs have hook and chain blockers. But how effective are these stickers and what actually can prevent these attacks?

Strategy 128

Strategy ATM 128

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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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CFPB Monitor

DECEMBER 29, 2022

A Ninth Circuit panel affirmed the district court’s dismissal with prejudice of a class action complaint in which the plaintiff alleged that Meta Platforms, Inc. (Meta) violated the Telephone Consumer Protection Act (TCPA) by sending unsolicited “Birthday Announcement” text messages.

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TheGuardian

DECEMBER 16, 2022

Robey Warshaw did not specify how much the former chancellor would collect George Osborne will collect a share of a £26.5m payout for his first year working as partner at the City advisory firm Robey Warshaw. The former chancellor, who orchestrated the austerity drive after the financial crisis, is one of four partners at the Mayfair-based company, which announced on Friday it would pay out a total of £26,482,914 to four men.

Company 100

Company 100

BankInovation

DECEMBER 23, 2022

Digital customer service provider Glia has integrated its platform into Jack Henry’s Banno Digital Platform to provide clients with a more comprehensive customer experience. The New York-based Glia earlier this month directly integrated its digital customer service (DCS) technology into the Banno Digital Platform through Jack Henry’s existing APIs, according to a release from the […].

New York 98

New York Customer Experience Technology 98

Payments Dive

DECEMBER 15, 2022

In a change of plans for the payments processor, Gary Norcross will hand off the CEO title to Stephanie Ferris earlier than expected and won’t become executive chairman.

Payments 370

Payments 370

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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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FICO

DECEMBER 1, 2022

Home. Blog. FICO. 4 AI Predictions for 2023: From the Great Correction to Practical AI. A pragmatic approach I call Practical AI will rise in 2023 like a phoenix from the ashes of years of irrational exuberance around artificial intelligence. JessicaButalla@fico.com. Tue, 07/19/2022 - 16:11. by Scott Zoldi. expand_less Back To Top. Thu, 12/01/2022 - 11:05.

Analytics 98

Analytics Phoenix San Diego Tools 98

ATM Marketplace

DECEMBER 30, 2022

As of today, more than 250 neobanks exist in the world. But as in any business, even some of the most established ones are experiencing difficulties. Over the next couple of years, the herd will be thinned, and those who vary their products will survive.

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CFPB Monitor

DECEMBER 12, 2022

On December 12, 2022, the Supreme Court announced that it would grant a petition for certiorari as to the separate loan-forgiveness challenge pending before the Fifth Circuit Court of Appeals and calendar the matter for argument in February 2023. On.

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TheGuardian

DECEMBER 27, 2022

PwC, administrator of Lehman’s London arm since bank’s failure in 2008, secures three more years to finish process Administrators will spend at least three more years winding up the London-based arm of Lehman Brothers, swelling the almost £1.1bn in fees that PwC has already raked in since the bank’s calamitous collapse in 2008. PwC has secured court approval to extend the administration process for the investment bank’s European hub to 2025, given the “complexity of unwinding the group’s affairs

Security 98

Security US 98

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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

BankInovation

DECEMBER 23, 2022

Financial institutions today are teetering into a Nash Equilibrium. A Nash Equilibrium, named for mathematician John Nash, occurs when players in a game can fully anticipate the choices of other players. When all players’ actions are considered, everyone is able to achieve their objectives. Every player wins. The concept was a groundbreaking contribution to game […].

Digital Banking 98

Digital Banking 98

Payments Dive

DECEMBER 12, 2022

The payments company, which went public in June 2020, isn’t ruling out a return to being private, its CEO said.

Company 458

Company Payments 458

FICO

DECEMBER 7, 2022

Home. Blog. FICO. In-depth look at the distribution of average U.S. FICO® Scores in 2022. The national average FICO Score did not go up for the first time in over a decade, a trend that’s seen at the city and state level across the nation. KristinaRobinson@fico.com. Tue, 08/30/2022 - 13:08. by Tom Quinn. expand_less Back To Top. Wed, 12/07/2022 - 13:00.

Trends 97

Trends National US Report 97

ATM Marketplace

DECEMBER 14, 2022

The COVID-19 pandemic may be subsiding, but merchants and ATM owners are strapped for resources. Cash management solutions can help ease some of the stress of operating a business during the post-pandemic recovery.

Management 111

Management ATM Resources Operations 111

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

CFPB Monitor

DECEMBER 13, 2022

On December 2, a non-profit advocacy organization filed a lawsuit in a California federal district court seeking to enjoin the California Department of Financial Protection and Innovation (DFPI) from enforcing the final regulations (Regulations) issued by the DFPI to implement.

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California Regulation Groups Innovation 147

TheGuardian

DECEMBER 20, 2022

Barclays, HSBC, Lloyds, Nationwide, NatWest and Santander to offer mortgages on medium and high-rise properties from January Six of the UK’s largest banks will start lending on medium and high-rise flats with cladding from January, in a move that could help thousands of people stuck in properties they have not been able to sell or remortgage. Lenders including Barclays, HSBC, Lloyds, Nationwide Building Society, NatWest and Santander, said they would consider fresh mortgage applications from 9 J

Lending 98

Lending How To Marketing 98

BankInovation

DECEMBER 20, 2022

Banks and credit unions will invest in their customer and member engagement offerings in 2023 as more clients desire relationship banking. Financial institutions (FIs) plan to invest in digital improvements, physical branch support, contact center technology, marketing, operations and loan technology, according to the report “ENGAGE 2023: Customer Engagement in Banking: Annual Trends Report” released […].

Trends 98

Trends Operations Technology Report 98

Payments Dive

DECEMBER 12, 2022

The annual QuickBooks Connect event explored fintech innovations improving small business cash flow.

Fintech 370

Fintech Innovation 370

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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