TheGuardian

MAY 1, 2024

The pandemic accelerated the shift away from notes and coins. But China and others are realising that transition has a price One of the idiosyncrasies of China’s huge appetite for luxury goods has been the high sales of man bags – a niche item in the west. Their popularity initially reflected not just the fondness of the newly rich for conspicuous consumption, but also the practical need to carry large wodges of banknotes in a country that hadn’t truly embraced credit cards.

Survey 97

Survey Cards Marketing Technology 97

Payments Dive

MAY 1, 2024

“Real-time payments are still in their infancy in the U.S., accounting for only a 1.5% share of the total payments volume in 2023,” ACI Worldwide said.

Report 419

Report US Payments 419

Jack Henry

MAY 1, 2024

Funding broker clients is challenging. Working around common obstacles – everything from error-prone manual processes to communications breakdowns – can significantly impact efficiency, which in turn significantly impacts profitability. That’s where automation comes in.

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Operations 88

Payments Dive

MAY 1, 2024

The company’s move to decouple embedded financial services from payment processing means it’s ready to pursue larger customers, analysts said.

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Industry Payments Company 274

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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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The Paypers

MAY 1, 2024

The National Bank of Iraq has gone live with Temenos core banking and payments, aiming to develop new products faster and optimise the customer experience.

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National Customer Experience Payments 92

American Banker

MAY 1, 2024

Texas Dow Employees Credit Union has agreed to acquire Sabine State Bank and Trust in Louisiana to raise its profile in the oil-and-gas industry. The deal coincides with record levels of U.S. drilling this year.

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Houston Louisiana Texas Lending 83

Payments Dive

MAY 1, 2024

The giant digital retailer has created a new payment flow connected to groceries.

Retail 195

Retail Payments 195

American Banker

MAY 1, 2024

The embattled Long Island bank unveiled a turnaround plan that involves selling non-core assets and diversifying its commercial loan book. But first, it will need to sort through credit-related challenges in its large commercial real estate portfolio.

Strategy 81

Strategy Lending 81

BankInovation

MAY 1, 2024

Tech giants across the board are looking to monetize AI as they continue to pour funds into developing technology and cloud services. “We have clear paths to AI monetization through ads and cloud, as well as subscriptions,” Chief Executive Sundar Pichai said during Google’s April 25 earnings call.

Technology 73

Technology Google 73

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Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.

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American Banker

MAY 1, 2024

The Consumer Financial Protection Bureau is considering new rules covering the collection and sale of some consumer data. If it's not careful, the agency could be inadvertently assisting identity thieves.

Fraud 77

Fraud Data Compliance Regulation 77

BankInovation

MAY 1, 2024

EverBank has selected payment and financial solutions provider Finzly to update its payment processing system, according to an April 18 release. The $34.6 billion, Jacksonville, Fla.

Jacksonville 68

Jacksonville System Payments Operations 68

American Banker

MAY 1, 2024

During this week's Federal Open Market Committee meeting, officials voted to lower the cap on the amount of Treasury securities that can roll off the central bank's books each month from $60 billion to $25 billion.

Meeting 77

Meeting Security Marketing Policies 77

The Paypers

MAY 1, 2024

Mashreq Egypt and Visa have partnered to unveil the Mashreq NEO Visa Card, heralding a transformative era of banking convenience in Egypt.

Cards 78

Cards 78

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.

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American Banker

MAY 1, 2024

Fifteen banks have failed since 2017, with the most recent one collapsing on April 26, 2024.

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88

The Paypers

MAY 1, 2024

US-based dining and retail technology platform Quickcharge has implemented Amazon ’s Just Walk Out technology for frictionless dining at hospitals.

Technology 48

Technology Retail US 48

American Banker

MAY 1, 2024

Bolstered by healthy first-quarter global card-spending trends, Mastercard is focusing on opportunities outside the U.S., including a unique card-processing arrangement beginning this month in China.

Trends 41

Trends Cards Payments 41

The Paypers

MAY 1, 2024

Fintech Australia has signed a Memorandum of Understanding (MoU) with the Thai Fintech Association to partner and foster fintech capability between the two regions.

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Fintech Regional 41

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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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American Banker

MAY 1, 2024

CRE CLO issuance surged to $45 billion in 2021, a 137% increase from two years earlier, when buyers of apartment blocks sought to profit from the wave of workers moving to the Sun Belt from big cities.

Industry 36

Industry 36

The Paypers

MAY 1, 2024

Worldcoin , a company that verified identities using iris scanning, has been discussing a potential collaboration with OpenAI to deliver additional AI solutions.

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Company 41

American Banker

MAY 1, 2024

Top Federal Home Loan bank officials said they fear the Federal Housing Finance Agency will use supervision to further the goals of last year's report recommending reforms to the Home Loan Bank System.

Report 36

Report System Policies Compliance 36

The Paypers

MAY 1, 2024

Global blockchain-enabled B2B payments provider Paystand has announced the acquisition of Teampay for the development of the B2B payment landscape.

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blockchain Payments 41

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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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Image Works Direct

MAY 1, 2024

Are you a newsletter client? If so, did you know you have access to our article library, free of charge? That’s right, with hundreds of articles at your disposal – over 600 and counting – you have access to content ranging from the latest trends and scams to timeless topics and educational resources.

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Resources Trends 36

American Banker

MAY 1, 2024

The Bank of England set a date of March 2025 for local banks to establish operational resilience plans, Ant Group is using artificial intelligence to aid shopping, and more.

Groups 36

Groups Operations Compliance Regulation 36

The Paypers

MAY 1, 2024

US-based credit management platform Nuvo has partnered with Equifax to enhance credit management for B2B sellers, using data-driven insights for faster, informed decisions.

US 36

US Management Data 36

American Banker

MAY 1, 2024

Mark Warren and Thom Tillis have introduced the Secure Artificial Intelligence Act of 2024 to address the unique risks of AI.

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Security National Technology 41

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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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