BankUnderground

MARCH 2, 2022

Tugrul Vehbi, Serdar Sengul, Daniel Christen, Lucio D’Aguanno and Tom Wise. Shipping costs have increased sharply since the onset of the pandemic, to a magnitude perhaps only a few would have predicted. In this post, we examine the likely drivers and impact of this increase. We argue that (i) both demand and supply factors are responsible for these developments with the former playing a relatively bigger role historically; (ii) shipping costs feed through to consumer prices with a lag; and (iii)

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TheGuardian

MARCH 2, 2022

Bank’s European subsidiaries faced ‘abnormal cash outflows’, so it could no longer supply them with liquidity Russia: who is on the sanctions lists – at a glance Russia-Ukraine crisis: live news Sberbank, Russia’s biggest lender, is pulling out of the European market, after it said it faced large outflows of cash in the region as well as threats to the safety of its employees and branches.

Regional 98

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BankInovation

MARCH 2, 2022

Technology investment at KeyBank is nothing if not dynamic. The Cleveland-based bank had a digitally driven calendar year, partnering with Laurel Road for an online lending platform in March 2021 and acquiring payments fintech XUP Payments in November 2021. Internal activities were equally kinetic, with the $186 billion bank migrating its primary services to Google […].

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CB Insights

MARCH 2, 2022

Leasy , a fintech startup, has raised $17M in a mix of debt and equity. The company raised $2M in seed funding from Magma Partners, BuenTrip Ventures, and INCA Ventures, among others, and it raised $15M in debt from undisclosed investors. How’s the company performing? Peru-based Leasy provides automobile financing to ride-hailing drivers in Latin America.

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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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BankInovation

MARCH 2, 2022

We live in a world of instant gratification (or at least the expectation for it). Today’s consumers are tech savvy, used to fast, seamless experiences and they expect the same from their banking. In turn, more and more banks are leveraging low-code and no code technologies to help meet these demands and expectations. However, financial […].

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BankInovation

MARCH 2, 2022

CHARLOTTE, N.C.—The Bank of Montreal saw improvements in its fraud monitoring once it started using the Pindrop platform and banking consortium data in its workflow. Pindrop is a fraud analytics platform that uses voice and artificial intelligence (AI) technologies with a risk database to detect fraudsters, spoofing and phishing attempts in the contact center, according […].

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The Paypers

MARCH 2, 2022

Mesh Payments , a provider in the corporate payment and spend management space, has launched the Plug & Pay Visa Business card which ties a physical and a virtual card.

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Payments Cards Management 36

BankInovation

MARCH 2, 2022

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American Banker

MARCH 2, 2022

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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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The Paypers

MARCH 2, 2022

South Africa-based BNPL provider Payflex has partnered with alternative lender Merchant Capital to launch a cash advance service for South Africa’s SMEs.

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American Banker

MARCH 2, 2022

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The Paypers

MARCH 2, 2022

Augmented identity company IDEMIA has partnered with Malaysia-based fintech Soft Space to facilitate contactless payment acceptance.

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Payments Fintech Company 36

BankInovation

MARCH 2, 2022

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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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American Banker

MARCH 2, 2022

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BankInovation

MARCH 2, 2022

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Technology 52

Technology 52

The Paypers

MARCH 2, 2022

Japan-based electronic commerce and online retail company Rakuten has announced the launch of an NFT market.

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BankInovation

MARCH 2, 2022

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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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American Banker

MARCH 2, 2022

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BankInovation

MARCH 2, 2022

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American Banker

MARCH 2, 2022

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BankInovation

MARCH 2, 2022

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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.

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The Paypers

MARCH 2, 2022

The First Abu Dhabi Bank has sold a 60% stake of its payment processing business Magnati to US-based asset management company Brookfield Business Partners for USD 1.15 billion.

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American Banker

MARCH 2, 2022

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The Paypers

MARCH 2, 2022

UK-based Lloyds Banking Group has partnered with fintech Bink to boost banks’ branding and advertising awareness and create loyalty programmes to attract new customers.

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American Banker

MARCH 2, 2022

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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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