Accenture

OCTOBER 4, 2021

Credit Product Penetration of Retail Sales Shopping experience refresh “We are excited to pilot a virtual store staffed by dedicated associates … but with no physical customers. Customers can interact via chat and screen sharing to see physical products.” – Best Buy “Piloting a new holistic market approach … to leverage all our assets across…. The post Q2 2021 US retailer payments commentary appeared first on Accenture Banking Blog.

Retail 221

Retail US Payments Marketing 221

SWBC's LenderHub

OCTOBER 4, 2021

Last Week. It was quite an ugly week for just about everything but oil and bitcoin. Stocks were down sharply, giving their worst monthly performance since March 2020. High-Yield corporate debt showed some signs of weakening as well. It feels like the world is waking up to the real possibilities of stagflation. Energy crises in the United Kingdom and Europe are intensifying with shortages of natural gas and other fuels.

Marketing 148

Marketing Bitcoin Capital 148

CFPB Monitor

OCTOBER 4, 2021

In a recent “ open letter ” to newly confirmed CFPB Director Rohit Chopra, Professor Jeff Sovern asks the agency not to forget about “arbitration” as it implements its regulatory agenda. He argues that “[p]re-dispute arbitration clauses remain a serious limit on consumer protection” and can even “blow up their lives.”. That’s poor advice, Professor Sovern, and hyperbole is no substitute for facts.

Regulation 78

Regulation Study Resources Data 78

SWBC's LenderHub

OCTOBER 4, 2021

Earlier this year, industry experts released a report on the full picture of auto loan debt and trends in the country. Their research data included auto loan originations, prices, term lengths, delinquencies, and other aspects of auto debt in the U.S.

Industry 78

Industry Lending Trends Data 78

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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

OCTOBER 4, 2021

The Texas federal district court has denied the motion of the two trade groups challenging the payment provisions in the CFPB’s 2017 final payday/auto title/high-rate installment loan rule for an extension of its stay of the compliance date until 286 days after their appeal to the Fifth Circuit is resolved. The trade groups have appealed from the Texas federal district court’s final judgment granting the CFPB’s summary judgment motion and staying the compliance date for the payment provisions u

Texas 78

Texas Groups Compliance Payments 78

BankInovation

OCTOBER 4, 2021

Standard Chartered has tapped Singapore-founded fintech FinLync to help expand the reach of its treasury management offerings, specifically the bank’s application programming interfaces (API) developed for corporate treasury management. APIs, or software gateways, allow applications to pull data from databases. While treasury management can otherwise involve significant manual tallying of data, API linkages can help […].

Management 52

Management Software Fintech Data 52

FICO

OCTOBER 4, 2021

The use of AI-powered optimization by financial services firms is surging across Europe. One of the early beneficiaries of this technology is Home Credit & Finance Bank in Russia , which has just been named a finalist in the Banking Tech 2021 Awards , in the Best Use of AI category. By using AI-powered optimization from FICO, Home Credit was able to: Increase revenue by 24%.

Lending 52

Lending Video Analysis Data 52

BankInovation

OCTOBER 4, 2021

UiPath, the robotic process automation (RPA) vendor that went public in April, will offer its automation solution as an on-premise application called Automation Suite. The final beta is in public review through the end of the month. The release will be soon after the close of public review, which is restricted to companies that register […].

Company 52

Company 52

The Paypers

OCTOBER 4, 2021

The Monetary Authority of Singapore (MAS) has announced that it will launch a data and information-sharing platform, Cosmic, to prevent money laundering, terrorism funding, and proliferation financing.

Data 52

Data 52

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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

BankInovation

OCTOBER 4, 2021

The bank-fintech partnership isn't always a match made in heaven. The topic spurred the inclusion of a fintech-bank "couples counseling" session at the Association for Certified Anti-Money Laundering Specialists?(ACAMS) Anti-Financial Crime Conference last week in Las Vegas. While banks and fintechs have partnered for years to enable new functionalities and services for customers, with these […].

Las Vegas 52

Las Vegas Fintech Conference Digital Banking 52

American Banker

OCTOBER 4, 2021

Policies 90

Policies 90

The Paypers

OCTOBER 4, 2021

One Identity , a US-based fraud prevention company, has acquired OneLogin to deliver a complete solution by combining their identity security services.

Fraud 36

Fraud US Security Company 36

American Banker

OCTOBER 4, 2021

Lending 81

Lending Fintech 81

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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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The Paypers

OCTOBER 4, 2021

Germany-based digital bank FYRST and Netherlands-based SME financier abcfinance have entered into a cooperation in the area of ??factoring.

Digital Banking 36

Digital Banking 36

American Banker

OCTOBER 4, 2021

Payments 78

Payments 78

The Paypers

OCTOBER 4, 2021

VTEX , a UK-based digital commerce platform, has announced the integration with Facebook that leverages online campaigns with data intelligence and improves sale conversion.

Online 34

Online Data 34

The Financial Brand

OCTOBER 4, 2021

Growth of these AI-powered tools is rising, but they get mixed reviews. When they come up short, the problem usually isn't the technology. The post Why Chatbots Fail in Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 37

Banking Trends Analysis Trends Tools 37

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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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The Paypers

OCTOBER 4, 2021

Quiq , a US-based AI-powered conversational platform, has announced the addition of two new product features to its cross-channel Conversational AI platform: payments and surveys.

Survey 28

Survey Payments US 28

American Banker

OCTOBER 4, 2021

Regional 62

Regional California Capital Marketing 62

The Paypers

OCTOBER 4, 2021

AptPay has partnered with NRT Technology and Mastercard to enable casinos and online gaming sites to disburse winnings into a bank account, prepaid card, or mobile wallet for players.

Technology 28

Technology Mobile Cards Online 28

The Financial Brand

OCTOBER 4, 2021

Dropping the application doesn't mean the end of the U.K. neobank's ambitions to put its mobile app and white steel card in Americans' hands. The post End of the Road for Monzo Charter Isn’t End of the Road for U.S. Unit appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 28

Banking Trends Analysis Trends Branding 28

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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.

Compliance

The Paypers

OCTOBER 4, 2021

PAYBACK , an India-based loyalty programmes company, has launched the PAY feature on its mobile app, integrating QR-based UPI payments.

Mobile 31

Mobile Payments Company 31

American Banker

OCTOBER 4, 2021

Lending 50

Lending 50

The Paypers

OCTOBER 4, 2021

Switzerland-based SEBA Bank has announced receiving a license for the safekeeping of digital assets from the Swiss Financial Market Supervisory Authority (FINMA).

Marketing 28

Marketing 28

American Banker

OCTOBER 4, 2021

Regulation 50

Regulation Fintech Policies Compliance 50

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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.

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