Jack Henry

NOVEMBER 12, 2021

Payments fraud impacted 82% of financial institutions last year. And it’s inevitable, pervasive, and growing with every payment channel threatened by unique, ingenious, and constantly evolving schemes. So, if you’re among the 88% of financial institutions that confirmed (during a recent Accenture survey) you have multi-year payment transformation plans, fraud mitigation should be a cornerstone of your payments partner due diligence.

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Fraud Payments Survey Fintech 148

ATM Marketplace

NOVEMBER 12, 2021

The BCX Summit provided a variety of banking lessons on fintechs, self-service and the importance of real relationships.

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Customer Experience Fintech 121

BankInovation

NOVEMBER 12, 2021

It was a diverse week for fintech funding, with hundreds of millions of dollars pouring into identity verification and buy now pay later (BNPL) technology companies and substantial investment in an automated compliance platform. Socure secures $450 million New York-based Socure closed a $450 million series E funding round, raising a total of $649.6 million […].

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New York Compliance Fintech Security 98

TheGuardian

NOVEMBER 12, 2021

Guardian Money hears from people trapped on high-cost deals after bank wrongly recorded defaults on files Barclays has been accused of putting its mortgage customers through a “nightmare” by wrongly recording defaults on their credit files , meaning they are trapped on high-cost deals for home loans and other borrowing. Guardian Money has spoken to a number of people who say Barclays has repeatedly marked them down as having defaulted on their mortgage payments despite them having paid in full.

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Payments Cards 93

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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

Lending

BankInovation

NOVEMBER 12, 2021

Trade expenses can reduce profits by 20%, with brokerage-related fees being a top-three business expense for many financial institutions, but automation could be the solution. Daniel Carpenter, commercial lead for intelligent automation platform Meritsoft, discusses post-trade automations in this episode of “The Buzz” podcast. “There's been an underinvestment in the backend side of things and operational side of things,” Carpenter tells Bank Automation News.

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Operations 98

BankInovation

NOVEMBER 12, 2021

Shifting consumer behavior toward more online transacting and financial services — and rising online fraud — are among the drivers behind the rapid growth of automated identity verification technology provider Socure, which this week closed a $450 million series E funding round. The New York-based fintech has raised a total of $649.6 million in 14 […].

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Online New York Fraud Fintech 98

The Paypers

NOVEMBER 12, 2021

UK-based Buy Now, Pay Later startup Zilch has raised USD 110 million in a fresh round of funding which values it at USD 2 billion, according to CNBC.

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Bussman Advisory

NOVEMBER 12, 2021

FinTech Ecosystem Insights by Bussmann Advisory is our weekly newsletter with over 40’000 subscribers across different social media channels, summarizing relevant news and reports related to ecosystems around disruptive technologies, highlighting key updates from the industry as well as our portfolio companies: Twitter is building a crypto team How NFTs create value Cloud adoption in banking ramps up.

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social media Fintech blockchain Course 52

The Paypers

NOVEMBER 12, 2021

The Philippine central bank has announced it is looking to make it easier for Filipinos to transact with businesses and individuals across the ASEAN region through a region-wide payment network.

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Regional Payments 65

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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

Report

ABA Community Banking

NOVEMBER 12, 2021

Bank M&A activity is on pace to exceed pre-pandemic levels as institutions seek scale to combat the challenging earnings environment. The post Back in Business appeared first on ABA Banking Journal.

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Community Bank Community 52

BankDeals

NOVEMBER 12, 2021

DayMet Credit Union (OH) now offers its competitive 18-month and 24-month CDs in ten southwest Ohio counties. Min opening deposit is $1k, with no stated balance cap.

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Ohio 52

The Banker

NOVEMBER 12, 2021

Surge in profits driven by pandemic rebound and M&A bonanza unlikely to last, say analysts.

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US 68

American Banker

NOVEMBER 12, 2021

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Payments 90

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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.

Lending

The Paypers

NOVEMBER 12, 2021

Clear Junction has announced it is working with PayOp to facilitate access to additional payment methods across the UK and EU.

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Payments 41

American Banker

NOVEMBER 12, 2021

Cards 85

Cards Payments 85

The Paypers

NOVEMBER 12, 2021

Renaissance Life and InDeFi SmartBank have partnered to help crypto owners to gain access to their digital assets for technical (lost codes) or physiological reasons (the death of the owner).

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American Banker

NOVEMBER 12, 2021

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Branch Design 78

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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.

US

The Paypers

NOVEMBER 12, 2021

India-based fintech Mobikwik has collaborated with the National Payments Corporation of India (NPCI) and Axis Bank to launch a prepaid card, usable with merchants across 190 countries.

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Cards National Fintech Payments 34

American Banker

NOVEMBER 12, 2021

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Marketing Policies 78

The Paypers

NOVEMBER 12, 2021

The Cryptocurrency Compliance Cooperative (CCC) has added 11 new members and explained how the group will focus its efforts to create a safer environment for consumers in the cash-to-crypto space.

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cryptocurrency Compliance Groups 34

American Banker

NOVEMBER 12, 2021

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Louisiana Industry 73

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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.

Compliance

The Paypers

NOVEMBER 12, 2021

The Monetary Authority of Singapore ( MAS ) has included Giesecke + Devrient (G+D) on the list of the winners of the Global Central Bank Digital Currency Challenge (CBDC).

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American Banker

NOVEMBER 12, 2021

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Payments 53

The Paypers

NOVEMBER 12, 2021

People's Bank of China governor Gang Yi has discussed recent developments regarding the country's central bank digital currency (CBDC), known as the digital yuan (e-CNY).

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American Banker

NOVEMBER 12, 2021

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Policies 53

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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.

Lending