Self-checkout promises ultimate convenience. Is it doing its job?
Payments Dive
FEBRUARY 26, 2024
The process can make for faster, easier experiences, but it needs regular attention and helpful associates to thrive, consultants said.
Mon.Feb 26, 2024
396 
BNY appoints Gerdeman as global head of data and analytics
BankInovation
FEBRUARY 26, 2024
BNY Mellon has appointed Julie Gerdeman as its global head of data and analytics. Gerdeman will be responsible for managing software and data for nearly $47 trillion of assets managed by BNY, according to a Feb. 20 release.
Join 50,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
FIS promises expanding profit margins
Payments Dive
FEBRUARY 26, 2024
Fidelity National Information Services promised bigger profit margins this year from its newly reconfigured business focused on banking and capital markets.
First Bank CIO Thomas joins Bank Automation Summit U.S. 2024 speaker faculty
BankInovation
FEBRUARY 26, 2024
Terrence Thomas, executive vice president and chief information officer at First Bank, will speak at Bank Automation Summit U.S. 2024 on Monday, March 18, at 4 p.m. CT.
5 Things Lenders Need to Know About Portfolio Loans & Their Documentation
Advertisement
Discover the key benefits of portfolio loans and learn how to streamline your lending process with our infographic, "5 Things Lenders Need to Know About Portfolio Loans & Their Documentation." Find out how portfolio loans can maximize borrower potential by consolidating multiple properties under a single loan, reducing paperwork, and lowering closing costs.
EWS launches wallet in South Carolina, Arizona ahead of wider rollout
Payments Dive
FEBRUARY 26, 2024
Launching the Paze wallet will require preloading about 150 million cards, meaning the launch will occur as “more of a ramp up over a few months,” EWS Managing Director James Anderson said.
Sign up to get articles personalized to your interests!
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
More Trending
Automating AR: What it means to offer a seamless B2B order-to-cash experience
Payments Dive
FEBRUARY 26, 2024
Today’s B2B customers demand a seamless order-to-cash experience, and brands must embrace automation to adapt.
Third Circuit Rules Pennsylvania Consumer Discount Company Act Does Not Regulate Collection of Charged-Off Debts
CFPB Monitor
FEBRUARY 26, 2024
On February 7, 2024, the U.S. Court of Appeals for the Third Circuit affirmed the district court’s Order granting a motion for judgment on the pleadings and holding that a charged-off loan made by a lender licensed under the Consumer Discount Company Act (“CDCA”) that is subsequently sold to a third-party debt collector is no longer subject to the CDCA and collecting on the debt without holding a CDCA license is not in and of itself a violation of the Fair Debt Collection Practices Act (“FDCPA”)
4 Critical Questions About Tech Modernization
Jack Henry
FEBRUARY 26, 2024
In the race to adapt and thrive in today's disruptive financial services landscape, the speed and direction of your technology modernization strategy and efforts can make all the difference.
Military Lending Act violations alleged against title lender in Georgia class action
CFPB Monitor
FEBRUARY 26, 2024
A proposed class action lawsuit filed in the U.S. District Court for the Northern District of Georgia on February 21, 2024 against TitleMax of Georgia, Inc. and TMX Finance LLC (together, “TitleMax”) accuses the Georgia-based title and pawn lender of various violations of the Military Lending Act (“MLA”), including charging servicemembers and their dependents interest in excess of the MLA’s 36% rate cap.
Top 3 Secrets to Staying Relevant with Gen Z
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.
Kinecta Federal Credit Union brings wealthtech to members
American Banker
FEBRUARY 26, 2024
The $6.8 billion-asset institution partnered with FusionIQ to launch digitally advised and self-directed investment platforms as part of a push to attract and retain younger generations of consumers.
Carrots and Sticks – FTC Presses Parties Under Investigation to Accept Tolling Agreements
CFPB Monitor
FEBRUARY 26, 2024
On February 20, 2024, Director Samuel Levine of the Federal Trade Commission’s Bureau of Consumer Protection (Bureau) issued a statement promoting the use and acceptance of tolling agreements. Tolling agreements pause the running of statutes of limitations, permitting enforcement agencies such as the Federal Trade Commission (FTC) to file an enforcement action against a party after the deadline otherwise established by the applicable statute.
FATF drops UAE off financial crime watchlist
The Paypers
FEBRUARY 26, 2024
The Financial Action Task Force (FATF) has announced that it has dropped the UAE from its grey list regarding concerns about financial crime and money laundering.
Important National Bank Act (NBA) preemption case to be argued tomorrow, February 27, before US Supreme Court
CFPB Monitor
FEBRUARY 26, 2024
The oral argument in Cantero v. Bank of America, N.A. will be heard on Tuesday, February 27 before the US Supreme Court. The Court recently granted the unopposed motion of the Solicitor General to participate in the oral argument. The Solicitor General will be taking 10 minutes of the oral argument time allocated to the Petitioners.
Breaking New Ground: Managing Innovation Fatigue With Effective Automation
Speaker: Gary Dmitriev
Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.
FIS certified to send, receive payments on FedNow
BankInovation
FEBRUARY 26, 2024
Technology provider FIS is now certified to send and receive payments on the FedNow payments rail as demand for the rail grows. FIS has 215 clients in contract or in the pipeline for the Federal Reserve’s payments rail, Chief Executive Stephanie Ferris said during the company’s fourth-quarter earnings call today.
FOIA Request Seeks Names of Organizations That Have Received Payments from CFPB’s Civil Penalty Fund
CFPB Monitor
FEBRUARY 26, 2024
Federal News Wire – a non-partisan news group focusing on the activities of federal agencies – has issued a Freedom of Information Act (“FOIA”) request to the Consumer Financial Protection Bureau, seeking a list of all organizations who have received payments from the Bureau’s “Civil Penalty Fund” (“CPF”) since the Bureau’s formation in 2011.
Warren rallies progressives to urge DOJ to block Capital One-Discover deal
American Banker
FEBRUARY 26, 2024
The lawmakers, led by Sen. Elizabeth Warren, D-Mass., said the deal would further anti-consumer bank consolidation, but also criticized the OCC's proposed changes to the merger process, asking that they be strengthened.
Podcast: Jack Henry’s incoming CEO talks 4 tenets of leadership
BankInovation
FEBRUARY 26, 2024
Jack Henry Chief Operating Officer Greg Adelson will take over as chief executive for the tech provider in July. On this episode of “The Buzz” podcast, he discusses how his four-tenet leadership strategy will be reflected in his new role as he takes on Jack Henry’s ongoing cloud modernization. The tenets: 1. Transparency.
Case Study: First Mid Bank Fast-Tracks New Market Entry in Commercial Lending
Advertisement
Discover First Mid Bank's Expansion Success with Our Case Study! Discover how First Mid Bank & Trust fast-tracked market expansion through advanced automation and compliance solutions. This case study reveals their journey from facing challenges in Texas' complex legal landscape to achieving rapid market entry with GoDocs' innovative commercial closing platform.
Citi snags JPMorgan's investment banking chief to lead key business line
American Banker
FEBRUARY 26, 2024
The hiring of Viswas Raghavan as Citi's head of banking is the latest move by the global bank to attract talent from rivals. His departure set off more leadership tweaks at JPMorgan Chase.
Intuit launches QuickBooks Solopreneur for starting entrepreneurs
The Paypers
FEBRUARY 26, 2024
Intuit , the fintech platform behind Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, has unveiled QuickBooks Solopreneur, a tailored product designed for solo entrepreneurs.
What payment companies are doing with AI copilots
American Banker
FEBRUARY 26, 2024
Tipalti, Stax and Stripe are among those using new artificial intelligence tools as digital helpers for staff. The specifics vary based on each company's mission and level of comfort with the technology.
OANDA launches crypto trading platform in the UK
The Paypers
FEBRUARY 26, 2024
Trading platform OANDA has opened an FCA-registered crypto trading platform ‘OANDA Crypto’ in the UK, following the acquisition of a majority stake in Coinpass.
Exploring the Liability Shift: A Comprehensive Guide to Fraud Loss Responsibility and Mitigation
Advertisement
Shifting liability for digital fraud losses represents a significant challenge for financial institutions and payment service providers. In response to the global surge in digital fraud, regulators are introducing policies that transfer the cost of fraud from defrauded customers to financial institutions. ThreatMark’s newly released white paper, "The Liability Shift: Understanding Fraud Losses Responsibility and Mitigation," provides an in-depth analysis of this shift, its implications, and stra
Federal Reserve denies The Narrow Bank's master account application
American Banker
FEBRUARY 26, 2024
The Narrow Bank — a passthrough bank that first applied for a Federal Reserve master account in 2017 — is appealing an "ill-founded" December decision by the Federal Reserve to deny its application for a master account.
Axway to acquire most Sopra Banking Software activities
The Paypers
FEBRUARY 26, 2024
Axway has announced that it entered an exclusive discussion to acquire most of Sopra Banking Software activities, to develop a new enterprise software house.
NIST updates cybersecurity framework, emphasizing governance
American Banker
FEBRUARY 26, 2024
Version 2.0 of the Cybersecurity Framework, often cited by financial regulators, provides a structured approach to enhancing an institution's cybersecurity.
Google Pay makes changes to app availability and features
The Paypers
FEBRUARY 26, 2024
Google Pay has announced it undergoes significant changes, merging US app with Google Wallet and augmenting features for payments.
Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!
Advertisement
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.
Let's personalize your content