PayPal confirms data breach
Payments Dive
JANUARY 20, 2023
Impacted customers were notified of the incident nearly a month after it was discovered. It’s unclear where or how customer account credentials were obtained.
Payments Dive
JANUARY 20, 2023
Impacted customers were notified of the incident nearly a month after it was discovered. It’s unclear where or how customer account credentials were obtained.
ATM Marketplace
JANUARY 20, 2023
While initially seen as rivals, banks now view fintechs as partners to build innovative financial tools customers want, while still retaining the trust of a traditional financial institution.
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Payments Dive
JANUARY 20, 2023
An FIS director resigned last week after being appointed to the board in December, and the payments processor appointed two new directors.
TheGuardian
JANUARY 20, 2023
In a week when several big banks announced they were axing branches, we talk to locals concerned over effect on elderly and vulnerable people Lloyds and Halifax to close 40 bank branches in England and Wales “I’ve been with them since I left school. I’m really sad it’s going – where do we go now?” An older couple who have lived in the Cheshire market town of Sandbach their whole lives are talking about how the imminent loss of its last bank will affect those who struggle to use online banking se
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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
Banking Exchange
JANUARY 20, 2023
Automation supercharges any process and brings its value to the forefront Technology Financial Trends Lines of Business Feature Human Resources Feature3 Management Digital
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
The Paypers
JANUARY 20, 2023
US-based payments company Link has raised USD 30 million to dat, after a USD 20 million Series A and a USD 10 million seed round, to expand merchants’ access to direct bank payments.
BankInovation
JANUARY 20, 2023
Truist Financial closed its acquisition of finance company BankDirect Capital Finance in the fourth quarter of 2022. The deal for the finance company to operate under the bank’s Truist Insurance Holdings arm was announced Sept. 6, according to a Truist release.
The Paypers
JANUARY 20, 2023
The UK Centre for Digital Trade and Innovation (C4DTI) and the Electronic Transaction Development Agency (ETDA) have partnered to improve trading between the UK and Thailand.
BankInovation
JANUARY 20, 2023
Huntington Bancshares is planning to accelerate its automation efforts using savings gained from shuttering 63 branches in 2022. WHY IT MATTERS: Huntington outlined during its August 2022 Investor Day some core tech initiatives, including automating and enhancing the customer experience.
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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
The Paypers
JANUARY 20, 2023
UK-based provider of financial services ONE , has announced its partnership with Know Your Customer to deliver an improved onboarding experience for its clients.
BankInovation
JANUARY 20, 2023
Ally Financial is looking to capitalize on recent layoffs of tech talent to grow its own digital platforms despite potential economic turbulence to come this year.
The Paypers
JANUARY 20, 2023
Crypto payments firm MoonPay has acquired Web3 creative agency Nightshift in order to help brands expand into crypto and collectible tokens.
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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
JANUARY 20, 2023
Real-time bill payment services company Paymentus has partnered with US-based fintech Green Dot to expand the Cash Bill Pay features into its Instant Payment Network.
The Paypers
JANUARY 20, 2023
Europe-based independent provider of payment orchestration solutions, IXOPAY has announced a strategic partnership with fraud and risk management provider Fraud.net.
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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
JANUARY 20, 2023
Open-source ecommerce platform Oro has closed a USD 13 million strategic growth funding round led by private equity firm Zubr Capital to accelerate B2B ecommerce.
The Paypers
JANUARY 20, 2023
The Consumer Financial Protection Bureau (CFPB) has addressed patterns and other tricks companies use to confuse and deceive consumers enrolled in subscriptions.
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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
JANUARY 20, 2023
KLYM , a Colombia-based fintech that provides working capital to small and medium-sized companies, has received a USD 27 million round of investment.
American Banker
JANUARY 20, 2023
The Paypers
JANUARY 20, 2023
US-based password management platform Bitwarden has acquired Sweden-based startup Passwordless.dev to support authentication without passwords.
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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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