Payments Dive

MAY 22, 2023

The two central banks tested digital ledger technology for payments across multiple currencies in less than 30 seconds.

Study 396

Study Technology Payments 396

South State Correspondent

MAY 22, 2023

We have used the term “second-order thinking” in our writings, and some bankers were curious about what exactly we mean. The term came to popularity in banking after Howard Marks wrote his seminal work on investments – The Most Important Thing. The “most important thing,” as described in the book, is the ability to drill down in order to get to the heart of an issue.

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Analysis Lending Industry How To 195

Payments Dive

MAY 22, 2023

Lawmakers agree stablecoin legislation is needed to ensure the U.S. establishes itself as a leader in the space.

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CFPB Monitor

MAY 22, 2023

On April 24, the Governor of Kansas signed into law Kansas Senate Bill 44 , which enacts the Financial Institutions Information Security Act (the “Act”). The Act requires credit services organizations, mortgage companies, supervised lenders, money transmitters, trust companies, and technology-enabled fiduciary financial institutions to comply with the requirements of the GLBA’s Safeguards Rule, as in effect on July 1, 2023.

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Kansas Security Company Technology 78

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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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Commercial Lending USA

MAY 22, 2023

Mortgage lenders that do not require tax returns are a great option for self-employed individuals or those with non-traditional income sources. These lenders typically use bank statements and other financial documents to verify income instead of tax returns.

Taxes 79

Taxes Lending 79

TheGuardian

MAY 22, 2023

State bailed out lender, formerly known as RBS Group, in near-£46bn deal during 2008 financial crisis The UK government has sold £1.26bn of NatWest shares back to the bank, which it bailed out in a near £46bn deal in 2008. The sale will reduce the taxpayer’s stake in the high street bank, formerly known as the Royal Bank of Scotland Group, from 41.4% to 38.6%.

Groups 60

Groups 60

BankInovation

MAY 22, 2023

TD Bank is investing in its digital experience as the bank upped tech spend in the first quarter and launched two new credit cards in May. The Cherry Hill, N.J.-based bank introduced monthly subscription-based, no interest credit card TD Clear and flexible payment credit card TD FlexPay, according to a release from TD Bank.

Cards 52

Cards Payments 52

The Paypers

MAY 22, 2023

ACI Worldwide has extended its partnership with Swift with the addition of Swift Go to its offering to provide banks with new cross-border, real-time payment services.

Payments 45

Payments 45

BankInovation

MAY 22, 2023

Mercantile Bank is using a new instant payments manager from digital banking fintech Q2 to assist with facilitating real-time payments for business-to-business transactions via The Clearing House and eventually the FedNow payments rail. Q2’s instant payments manager will help the $4.9 billion, Grand Rapids, Mich.

Payments 52

Payments Digital Banking Management Fintech 52

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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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The Paypers

MAY 22, 2023

Tether has partnered with on/off ramp solution KriptonMarket to provide users in Argentina with stablecoin access at the Central Market of Buenos Aires.

Marketing 41

Marketing 41

BankInovation

MAY 22, 2023

Optical character recognition (OCR) has been around for decades, and it’s still a technology that banks regularly use to scan and process paper or PDF forms, such as loan applications or account servicing requests.

Tools 52

Tools Data Technology Security 52

The Paypers

MAY 22, 2023

CaixaBank , a Spain-based financial institution, has partnered with Google Cloud to accelerate the bank's transition to the cloud and drive innovation using data and analytics technologies.

Google 36

Google Analytics Innovation Data 36

American Banker

MAY 22, 2023

Community Bank 74

Community Bank Community 74

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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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The Paypers

MAY 22, 2023

Japan has taken into consideration adopting India’s UPI payments system as both governments look at promoting interoperability through ease of cross-border payments.

System 36

System Payments 36

American Banker

MAY 22, 2023

Payments 74

Payments 74

The Paypers

MAY 22, 2023

Financial service company Paymob has secured Saudi Arabia’s Payment Technical Services Provider certification to offer secure payment solutions to merchants in KSA.

Security 36

Security Payments Company 36

American Banker

MAY 22, 2023

America 74

America 74

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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.

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The Paypers

MAY 22, 2023

Sweden-based instant bank payments fintech Brite Payments has announced the launch of its Instant Payments Network to power instant payments and payouts across Europe.

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Payments Fintech 36

American Banker

MAY 22, 2023

Tools 69

Tools Lending Fintech 69

The Paypers

MAY 22, 2023

Malaysia-based cross-border payment hub Tranglo has partnered with Lulu Money , a subsidiary of Lulu Financial Holdings, to accelerate cross-border transactions.

Payments 36

Payments 36

The Financial Brand

MAY 22, 2023

This article Credit Card Revolvers vs. Transactors: Understanding Their Behavior to Optimize Marketing Strategies appeared first on The Financial Brand. Credit card transactors have different spending habits and lifestyles than credit revolvers. Here's how marketers can use these insights. This article Credit Card Revolvers vs. Transactors: Understanding Their Behavior to Optimize Marketing Strategies appeared first on The Financial Brand.

Marketing Strategies 28

Marketing Strategies Strategy Cards Marketing 28

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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

MAY 22, 2023

The National Payments Corporation of India (NPCI) has looked to push up the usage of RuPay credit cards in the market and leans of bank partnership to do this.

Cards 36

Cards National Marketing Payments 36

The Financial Brand

MAY 22, 2023

This article Inflation Is Changing People’s Money Habits: 7 Studies Show the Trends appeared first on The Financial Brand. Inflation is wearing on consumers, who are buying groceries on buy now, pay later plans & hiding cash in the fridge. Yet small splurges rise. This article Inflation Is Changing People’s Money Habits: 7 Studies Show the Trends appeared first on The Financial Brand.

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Study Trends Branding Company 24

The Paypers

MAY 22, 2023

Germany-based digital bank N26 has launched new insurance services for ‘You’ and ‘Metal’ personal and business account holders.

Digital Banking 36

Digital Banking 36

American Banker

MAY 22, 2023

Community Bank 41

Community Bank Community 41

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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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