Payments Dive

MAY 6, 2024

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

Cards 411

Cards Payments 411

BankBazaar

MAY 7, 2024

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.

Branding 78

Branding Cards Fintech Leadership 78

Accenture

MAY 2, 2024

Spring is a time when most people, bankers included, take a fresh look at the challenges they face and tackle them with renewed vigor. Commercial banking should be on this year’s spring-cleaning list. While it is often the bank’s largest revenue generator, its processes continue to be highly manual, constraining the potential for profit growth.… The post The time for generative AI in commercial banking is now appeared first on Accenture Banking Blog.

Banking Trends 445

Banking Trends Trends 445

Payments Dive

MAY 3, 2024

“The value proposition of pay-by-bank is clear: merchants win from drastically lower payment costs and consumers win from lower prices,” writes one fintech executive.

Fintech 396

Fintech Payments 396

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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Abrigo

MAY 2, 2024

Boost your small business lending efforts from the bottom up Small businesses play a crucial role in our economy, and one of the critical factors in their success is access to funding. You might also like this guide for smarter, faster small business lending. DOWNLOAD Takeaway 1 Your loan policy sets the tone for the institution's approach to risk appetite, risk tolerance, lending philosophy, and organization of the lending function.

Lending 195

Lending Strategy Analysis Policies 195

BankInovation

MAY 3, 2024

Financial institutions that have gained agility through long-term technology investments are better prepared to complete mergers and acquisitions with limited client disruption. Technology integration during M&A activity is a customer-centric issue for banks, Danny Baker, vice president of market strategy at technology provider Fiserv, told Bank Automation News.

Marketing Strategies 111

Marketing Strategies Strategy Technology Marketing 111

Commercial Lending USA

MAY 6, 2024

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 98

Lending 98

American Banker

MAY 6, 2024

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 94

Retail Cards National Security 94

BankInovation

MAY 2, 2024

Card giants Mastercard and Visa leaned into AI and generative AI for fraud detection in the first quarter. “We continue to enhance our solutions with generative AI to deliver even more value,” Chief Executive Michael Miebach said during Mastercard’s May 1 earnings call.

Fraud 111

Fraud Cards Security 111

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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

Lending

Jack Henry

MAY 1, 2024

Funding broker clients is challenging. Working around common obstacles – everything from error-prone manual processes to communications breakdowns – can significantly impact efficiency, which in turn significantly impacts profitability. That’s where automation comes in.

Operations 88

Operations 88

Payments Dive

MAY 6, 2024

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

How To 397

How To Payments 397

TheGuardian

MAY 1, 2024

The pandemic accelerated the shift away from notes and coins. But China and others are realising that transition has a price One of the idiosyncrasies of China’s huge appetite for luxury goods has been the high sales of man bags – a niche item in the west. Their popularity initially reflected not just the fondness of the newly rich for conspicuous consumption, but also the practical need to carry large wodges of banknotes in a country that hadn’t truly embraced credit cards.

Survey 102

Survey Cards Marketing Technology 102

ATM Marketplace

MAY 3, 2024

Digital avatars, could hold the key to unleashing a new era of AI-powered excellence in customer service, especially at the digital banking level.

Digital Banking 90

Digital Banking 90

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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

Report

American Banker

MAY 6, 2024

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.

San Francisco 81

San Francisco Illinois blockchain Innovation 81

BankInovation

MAY 6, 2024

Small businesses demand efficient access to capital and Grasshopper Bank is meeting the needs of its small business clients through its latest digital lending solutions.

Lending 74

Lending Strategy New York Meeting 74

Payments Dive

MAY 2, 2024

The payments processor plans to finish an assessment of operations in the next few months, aiming to streamline its business and pare units it can’t scale.

Payments 365

Payments Operations 365

TheGuardian

MAY 2, 2024

Changes will allow the investment bank’s star performers to earn up to 25 times their annual salary Goldman Sachs has told hundreds of its top UK bankers that it is eradicating a cap on bonuses, in a move that will allow its star performers to earn up to 25 times their annual salary. Richard Gnodde, chief executive of Goldman Sachs International, made the announcement during a video message to staff on Thursday.

Video 103

Video Regulation 103

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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

The Paypers

MAY 3, 2024

The Bank of Thailand has announced its initiative to launch secure and fast QR code cross-border payments between Thailand and India by Q3 2024.

Payments 97

Payments Security 97

American Banker

MAY 3, 2024

A set of panels discussing minority depository institutions and digitization found that cost is a significant challenge to minority depository institutions, especially in the core processing space.

System 82

System Community Bank Community Technology 82

BankInovation

MAY 7, 2024

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.

Policies 62

Policies Digital Banking Company Payments 62

Payments Dive

MAY 1, 2024

“Real-time payments are still in their infancy in the U.S., accounting for only a 1.5% share of the total payments volume in 2023,” ACI Worldwide said.

Report 370

Report US Payments 370

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

William Mills

MAY 7, 2024

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

Trends Industry Technology Data 60

The Paypers

MAY 1, 2024

The National Bank of Iraq has gone live with Temenos core banking and payments, aiming to develop new products faster and optimise the customer experience.

National 92

National Customer Experience Payments 92

American Banker

MAY 3, 2024

On both sides of the Atlantic, regulators have failed to live up to their promises about how they would approach bank failures. Until they do, the industry operates in legal limbo.

Regulation 79

Regulation Operations Industry FDIC 79

BankInovation

MAY 7, 2024

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.

Operations 62

Operations Data Management Payments 62

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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