BankInovation
AUGUST 11, 2021
AI-powered online lending platform Upstart earned $194 million in quarterly revenue denoting a growth of 60% on a quarterly basis, according to the firm’s earnings report released Tuesday. The Upstart Referral Network uses AI to helps match loan applicants with banks and credit unions, and has been deployed by financial institutions like the $9.9 billion […].
Banking Exchange
AUGUST 11, 2021
Large banks will have capital requirements of up to 13.4%, to ensure their survival in a severe recession and to still be able to lend Risk Management Compliance Duties Feature3 Feature.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
BankInovation
AUGUST 11, 2021
The $7.3 billion Kearny Bank is expanding its use of artificial intelligence (AI) to include customer data analysis after the bank was won over to the technology by the Bank Secrecy Act and anti-money laundering (BSA/AML) solution it already employed. BSA/AML products help identify fraudulent accounts or transactions. “We do use an anti-money laundering product […].
BankDeals
AUGUST 11, 2021
Christian Community Credit Union (easy membership) offers new members a competitive 18-month Welcome CD ($500 min/$10k max) and a $200 checking bonus.
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.
Banking Exchange
AUGUST 11, 2021
The $31 million deal will add locations in four counties across the state Management Feature M&A Feature3 Community Banking.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Banking Exchange
AUGUST 11, 2021
Plus: New CEO at BOK, and appointments at Stride Bank, Oxford Bank, USAA and HSBC Management Feature Human Resources Feature3.
FluentBanking
AUGUST 11, 2021
Realistic assumptions and sound hypotheses are critical for devising policies and setting targets, as they form the basis for subsequent actions and interventions. But the growth targets for GDP and private sector credit incorporated in the recently declared monetary policy of Bangladesh Bank appears to be based on unrealistic assumptions, especially in the backdrop of a surging pandemic that has hit the country's economy severely.
Banking Exchange
AUGUST 11, 2021
Rob Nichols has called on Congress to intervene and cut the number of credit unions buying up banks Compliance M&A Feature3 Feature Duties.
FICO
AUGUST 11, 2021
Ever-increasing customer expectations and a highly competitive market, set against a backdrop of economic uncertainty resulting from the pandemic, mean that the loyalty of low-risk, financially resilient customers simply cannot be taken for granted. At the same time, an increasing proportion of customers are, or may be at risk of, experiencing financial stress or hardship.
Advertisement
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
The Paypers
AUGUST 11, 2021
Juniper Research has published a whitepaper titled, ` Cash is No Longer King: How Contactless Payments are Becoming the Norm `, showing a rise in biometric authentication and contactless payments post-COVID-19.
FluentBanking
AUGUST 11, 2021
Bangladesh bank, the central bank of the country has drained Tk6,070 crore in idle money from the banking system through an auction of Bangladesh Bank (BB) bills for the second day (Wednesday). In this way, the Bangladesh Bank has so far mopped up a total of Tk.8,675 crore from banks in the two auctions. On the second day, the 30-day BB bills – a monetary instrument to wipe up excess liquidity – were auctioned, with banks placing bids amounting to Tk6,376 crore, according to the information prov
The Paypers
AUGUST 11, 2021
Denmark-based transport operator Maersk has announced the acquisition of two ecommerce companies, Visible Supply Chain Management and B2C Europe.
The Banker
AUGUST 11, 2021
Tackling money laundering, terrorist financing and other financial crime is a difficult chore for banks. However, public–private partnerships, technology solutions and new approaches are beginning to make a difference.
Advertisement
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
AUGUST 11, 2021
Revolut has boosted trading fees for the second time in the past six months, according to everly.eu.
The Paypers
AUGUST 11, 2021
Australia-based payments company Azupay has launched PayID, a real-time payment option on Australia’s New Payments Platform (NPP) to integrate with Xero.
Advertisement
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 Financial Brand
AUGUST 11, 2021
If your financial institution isn't using consumer deposits to grow profitable relationships, you're overlooking a huge opportunity. The post Don’t Surrender Retail Banking to Fintechs and Megabanks appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
The Paypers
AUGUST 11, 2021
UAE-based DP World Financial Services Limited, a DP World company, has announced it will be facilitating access to trade finance for smaller companies.
American Banker
AUGUST 11, 2021
Advertisement
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.
The Paypers
AUGUST 11, 2021
Zimbabwe-based NMB Bank , The Centre for Financial Regulation and Inclusion , together with Cornerstone Advisory have launched trade finance and digital identity project Basel.
The Financial Brand
AUGUST 11, 2021
Sharply different approaches distinguish fintechs from established institutions. Yet key principles of startups can be applied by anyone. The post 3 Culture Changes Can Give Any Financial Marketer Fintech-Like Results appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
Advertisement
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.
Expert insights. Personalized for you.
98 
Let's personalize your content