Fintechs gain ground in merchant acquiring
Payments Dive
OCTOBER 3, 2022
New businesses are far more likely to opt for integrated software vendors over legacy providers, McKinsey discovered.
Payments Dive
OCTOBER 3, 2022
New businesses are far more likely to opt for integrated software vendors over legacy providers, McKinsey discovered.
South State Correspondent
OCTOBER 3, 2022
The Week Opens with Treasuries in Rally Mode. The week opens with Treasuries rallying on a combination of flight-to-safety and talk that yield highs for this cycle may be in place. Since touching 4% last Wednesday the 10yr yield has fallen to 3.68% this morning, up more than a point in price. The flight-to-safety component revolves around rumors that Credit Suisse Bank is facing capital concerns.
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Payments Dive
OCTOBER 3, 2022
“Consumers are shifting their spending in the face of higher prices and a reinvigorated appreciation for experiences,” Mastercard said in a new report.
ABA Community Banking
OCTOBER 3, 2022
Anderson announced the launch of a new book by ABA SVP Naomi Mercer: “DEI Foundation: Practices for Accelerating Your Bank’s DEI Journey.”. The post Anderson highlights industry DEI commitment in Convention address appeared first on ABA Banking Journal.
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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
Payments Dive
OCTOBER 3, 2022
Open banking has revolutionized financial transactions. Here’s a real-time look into the industry.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
The Paypers
OCTOBER 3, 2022
Circle , the USD stablecoin USDC issuer, has announced the launch of an institutional digital identity system based on Verite, an open-source framework for decentralized identity credentials.
BankInovation
OCTOBER 3, 2022
When it comes to supporting customers online, strong business rules and smart digital routing may not be something that even crosses your mind. However, these little understood, behind-the-scenes instruments can make the difference between a competitive organization and one that struggles to keep up with customer needs. In their simplest form, business rules provide the […].
The Paypers
OCTOBER 3, 2022
The UK Payment Systems Regulator (PSR) has proposed that all banks must reimburse within 48 hours customers tricked into sending money in a type of online scam.
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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
The Paypers
OCTOBER 3, 2022
Taichung Commercial Bank of Taiwan has agreed to buy American Continental Bank for USD 82 million to expand into the US market.
The Banker
OCTOBER 3, 2022
Rapid regional bank growth is leading some players into “too big to fail” territory, guiding regulators to consider new debt requirements. James King reports.
The Paypers
OCTOBER 3, 2022
Synapse , a US-based fintech, has announced its plans to expand in other countries in Latin America and India, after reaching 1 million accounts in Brazil.
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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.
The Paypers
OCTOBER 3, 2022
France-based Societe Generale has signed an agreement to acquire a majority stake in the fintech PayXpert , allowing the bank to broaden its offering for retail and online merchants.
The Paypers
OCTOBER 3, 2022
Pakistan-based IT and consulting company NdcTech has tapped Red Hat to deliver solutions based on cloud-native, open-source technologies in support of FIs.
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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.
The Paypers
OCTOBER 3, 2022
Sweden-based Buy Now, Pay Later (BNPL) fintech Klarna has partnered up with CellPay to offer the latter’s customers more flexible payment options.
The Paypers
OCTOBER 3, 2022
African Export-Import Bank (Afreximbank) has launched Afreximbank Trade Payment Services (AfPAY) to facilitate the settlement of international trade.
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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.
The Paypers
OCTOBER 3, 2022
FinXP , a Malta-based fintech, has launched a multi-currency account service for businesses that regularly make or receive cross-border payments.
The Paypers
OCTOBER 3, 2022
Canada-based cloud payment platform Letus has chosen BlueSnap to power payments for the property rental market.
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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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