Digital wallets dig in
Payments Dive
AUGUST 30, 2022
Continued adoption of digital wallets is likely to depend on the services that providers add, said Charlotte Principato, a financial services analyst for polling firm Morning Consult.
Payments Dive
AUGUST 30, 2022
Continued adoption of digital wallets is likely to depend on the services that providers add, said Charlotte Principato, a financial services analyst for polling firm Morning Consult.
Perficient
AUGUST 30, 2022
The post-pandemic era has ignited monumental changes in the global financial realm, forcing financial services institutions into unchartered territory when it comes to digitization. Many startups and more and more legacy financial services institutions are reaping the benefits of employing an Agile methodology to digitize at scale and address the customer expectations of today.
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Payments Dive
AUGUST 30, 2022
FedNow, an effort by the Federal Reserve Banks to speed up and modernize the U.S. payments system, is expected to launch as early as next May.
Abrigo
AUGUST 30, 2022
Expanding the commercial loan portfolio in today's market With the right strategies, banks and credit unions can expand their commercial loan portfolios successfully. You might also like this webinar on commercial lending strategy. WATCH . Takeaway 1 Commercial loans have remained strong through the pandemic despite high inflation rates and unstable conditions.
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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
ATM Marketplace
AUGUST 30, 2022
Smart safe systems help to neutralize shrink by keeping financial assets protected and defended. Smart safes go much further than that, though. Here are a few of the other ways that they don't just save money, but reduce operations costs for business owners.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Bobsguide
AUGUST 30, 2022
AccountChek integration with Mortgagebot enhances asset, income and employment verification workflow to reduce risk and processing time for lenders and enable faster decision making. ATHENS, Ga. and LONDON, August 22, 2022 — Finastra and FormFree ® , a market-leading fintech company that enables lenders to understand people’s true ability to pay (ATP®), have partnered to further streamline electronic borrower verification for mortgage lenders.
The Paypers
AUGUST 30, 2022
Cross-border payments platform Degica has released a report emphasising the fact that localised shopping is key for merchants to penetrate the Japanese ecommerce market.
BankInovation
AUGUST 30, 2022
Automation can help financial institutions (FIs) appeal to younger generations seeking streamlined banking services. “I think it’s very important for every company in financial services to actually make their offerings appealing for the Gen Z customers,” Gustavo Gomez, chief executive of automation platform Bizagi, told Bank Automation News. “Because those are the customers that will […].
The Paypers
AUGUST 30, 2022
Worldwide-known home rental platform Airbnb has announced since January 2022 the upcoming launch of a customised insurance product offering exclusive to Airbnb users.
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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
BankInovation
AUGUST 30, 2022
Reading Cooperative Bank (RCB) is partnering with fintech ZSuite Technologies to launch ZEscrow, an automated commercial escrow solution, and ZRent, an automated payment collection tool. Escrow, trust and “for the benefit of” (FBO) accounts have long been pain points for banks, requiring manual account opening and management processes, ZSuite Technologies Chief Executive Nathan Baumeister told […].
The Paypers
AUGUST 30, 2022
Australia has unveiled its 2022-23 federal budget, showing a strong commitment to cybersecurity, in which it plans to invest USD 6.8 billion.
BankInovation
AUGUST 30, 2022
BMO Financial Group increased its technology spend in the third quarter as the bank invested in digital-first efforts and talent. The Montreal-based bank reported a 3% year-over-year increase in tech spend to $2.9 billion, according to the bank’s earnings supplement. The bank’s total revenue for the quarter clocked in at $1.6 billion, down 11% from […].
FICO
AUGUST 30, 2022
Home. Blog. FICO. The Power of Optimization: Solving a Dire Water Access Problem. The SEIO-BBVA prize for best applied contribution in operations research goes to a team including FICO’s Selene Silvestri. JessicaButalla@fico.com. Tue, 07/19/2022 - 16:11. by Oliver Bastert. Vice President, Product Management. expand_less Back To Top. Tue, 08/30/2022 - 09:30.
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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.
The Paypers
AUGUST 30, 2022
Taiwan-based CTBC Bank has partnered with Malaysian fintech Soft Space in order to launch a tap-on-phone payments system for taxi fares.
The Paypers
AUGUST 30, 2022
Metaverse-based company Meta (formerly Facebook) has announced it gives its users the ability to link their NFTs posts on both in-house social media platforms Facebook and Instagram.
American Banker
AUGUST 30, 2022
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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.
The Paypers
AUGUST 30, 2022
Australia-based Buy Now, Pay Later company Afterpay has decided to cancel the personal finance app Money by Afterpay thus ending its collaboration with Westpac Banking Corp.
The Banker
AUGUST 30, 2022
The newly introduced Futures and Derivatives Law brings the country’s financial services market in line with international standards, welcoming foreign financing. James King reports.
The Paypers
AUGUST 30, 2022
Argentina has taken a step towards widespread cryptocurrency adoption with the launch of a new payment service that allows citizens to pay fees and taxes using digital currencies.
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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
AUGUST 30, 2022
Qatar-based Doha Bank has launched a mobile digital wallet named Doha Pay for Android and iOS-based devices in order to provide more convenient payment options for its customers.
The Paypers
AUGUST 30, 2022
Monetary Authority of Singapore (MAS) officials have stated that the regulator is planning to roll out new regulations that will make it more difficult for retail investors to trade cryptocurrencies.
American Banker
AUGUST 30, 2022
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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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