BankInovation
NOVEMBER 10, 2021
Eighty-four percent of 113 companies surveyed at the recent Money 20/20 conference say they expect their enterprise to increase investment in IT security over the next 12 months. The survey, conducted by biometrics security company authID.ai, also found that 38% of respondents are “highly concerned” with traditional approaches such as one-time passwords and knowledge-based authentication. […].
Banking Exchange
NOVEMBER 10, 2021
Three-year commitment also supports minority communities with affordable housing and investment in Black-owned businesses Community Banking Feature3 Feature Duties Fair Lending Diversity Human Rights.
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BankInovation
NOVEMBER 10, 2021
U.S. Bank has added request for payment (RfP) capabilities to its digital solution for the bank’s commercial accounts receivable teams. The $559 billion bank announced the new offering Monday. The technology allows billers to offer customers the option of having bills delivered directly through their bank’s website or app. RfPs are sent through The Clearing […].
Banking Exchange
NOVEMBER 10, 2021
Bank capital ratios remained well in excess of regulatory requirements finds Federal Reserve financial stability report Risk Management Feature3 Feature Financial Research Financial Trends The Economy Compliance.
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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
BankInovation
NOVEMBER 10, 2021
In the first nine months of 2021, global blockchain and crypto startup funding has nearly quintupled to $15 billion from $3.1 billion in all of 2020. That's according to the recent State of Blockchain report from CB Insights. The numbers speak for themselves: Blockchain and cryptocurrency companies are attracting so much funding this year, the […].
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
ATM Marketplace
NOVEMBER 10, 2021
Beyond the 'who': Understanding why consumers respond in certain ways and using that insight to build better experiences.
CB Insights
NOVEMBER 10, 2021
Fintual , a financial services company, has raised $39M in a Series A round that drew participation from Sequoia Capital. How’s the company performing? Chile-based Fintual is an online financial consulting company that manages savings and offers investment options through its digital platform. The company currently manages $665M in assets for over 70k clients.
FICO
NOVEMBER 10, 2021
How current is the data in my FICO Score? While the FICO® Score has been trusted by consumers, lenders and investors for decades, the data that goes into a FICO® Score can be as recent as a payment reported by your lender today. . When a FICO® Score is pulled, say, when a consumer applies for a loan or credit card, the most up-to-date information available at the credit bureaus is used to calculate the score.
BankDeals
NOVEMBER 10, 2021
First Bank of Central Ohio (Columbus metro area) continues to offer a competitive 12-month Grand Open CD Special. Minimum opening deposit is $500, with no balance cap.
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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
CB Insights
NOVEMBER 10, 2021
Everlaw , a provider of cloud-based electronic discovery technology for lawyers, has raised $202M in a Series D. The round drew participation from Andreessen Horowitz, Menlo Ventures, and TPG Growth, among others. HOW’S THE COMPANY PERFORMING? California-based Everlaw provides legal teams with AI-driven cloud technologies that help streamline processes surrounding litigation and investigation.
ABA Community Banking
NOVEMBER 10, 2021
Banks are employing a number of successful strategies to help promote financial inclusion among individuals with criminal records, the American Bankers Association Foundation noted today in a new white paper. The post ABA Foundation Highlights Strategies for Expanding Financial Inclusion to Persons with Criminal Records appeared first on ABA Banking Journal.
The Paypers
NOVEMBER 10, 2021
Members of the upper house of Kazakhstan’s parliament, the Senate, have passed a law that will impose financial monitoring on crypto platforms.
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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.
Image Works Direct
NOVEMBER 10, 2021
Guess what? We have new Design Center features! We love our clients and want them to have the best experience possible while shopping for their next marketing campaign, which is why we added a new favorites feature to our Design Center.
The Paypers
NOVEMBER 10, 2021
Fintech funding in Southeast Asia has jumped more than three times in the first nine months of 2021 compared with full-year 2020, reaching a record USD 3.5 billion, as reports show.
The Paypers
NOVEMBER 10, 2021
Afterpay has officially launched its Money app in Australia, granting users access to savings accounts, a debit card, and a suite of features, according to Business Insider.
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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.
American Banker
NOVEMBER 10, 2021
The Paypers
NOVEMBER 10, 2021
Digital currencies planned by major central banks have the change to become legal tender in their jurisdictions, according to officials studying such initiatives.
The Paypers
NOVEMBER 10, 2021
Social media app Discord has considered integration with crypto wallet service MetaMask and open protocol WalletConnect to offer NFT and crypto in-app payments.
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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
NOVEMBER 10, 2021
According to AppleInsider, Apple has considered cryptocurrency integration with its internal payment system, Apple Pay.
The Paypers
NOVEMBER 10, 2021
Singapore’s central bank and financial regulator has warned of ‘sharp speculative swings’ and potential risks for retail investors who put their money in cryptocurrencies.
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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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