Payments Dive

OCTOBER 10, 2022

The Clearing House, Swift and rivals are jostling to speed up cross-border payments, with collaboration and competition likely to emerge at an international conference this week.

Payments 545

Payments Conference 545

South State Correspondent

OCTOBER 10, 2022

Funds transfer pricing (FTP) has been an essential tool for financial institutions for several decades. FTP was introduced to banks in the early 1980s to help manage interest rate risk on a transactional basis. FTP gained further focus after the 2007 financial crisis when financial firms failed partly because of the lack of funds transfer pricing application and rigor.

Community Bank 195

Community Bank Community Examples Management 195

Accenture

OCTOBER 10, 2022

Banks face a trust paradox. While customers trust banks with their money, only 19% of them say they are interested in receiving advice from a bank. And the more digital banks become, the less connected they are with their customers. As banks rapidly boosted their digital touchpoints during the pandemic, now is the time to…. The post Why banks should look Beyond Advice for growth appeared first on Accenture Banking Blog.

Digital Banking 195

Digital Banking Customer Experience 195

Payments Dive

OCTOBER 10, 2022

As card issuers report an uptick in delinquencies and balances, the credit reporting bureau offers new research to help lenders spot trouble.

Cards 221

Cards Report 221

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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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BankInovation

OCTOBER 10, 2022

Think of this less like one of those WikiHow articles you pilfer through when you don’t know how to dance at a wedding or fix a flat tire (although these skills are very, very important) and more like an Atul Gawande checklist to building a modern Treasury Services department at a bank. Do you use […].

How To 98

How To 98

BankInovation

OCTOBER 10, 2022

Payment routing platform Pinwheel has released a new immediate earned wage access (EWA) product that allows customers to pull funds outside of a typical paycheck cycle by scanning and analyzing their payment history. Earnings Stream, which runs on APIs and connects to more than 1,600 payroll platforms, gathers large amounts of earnings and payment data […].

Data 98

Data Payments 98

TheGuardian

OCTOBER 10, 2022

Boss says bank is putting aside more money for potential defaults linked to cost of living crisis The boss of Santander UK says the bank is putting aside more money for potential defaults linked to the cost of living crisis after seeing a pickup in customers falling behind on mortgage and loan payments. Mike Regnier told the Guardian that he was keeping a close eye on the “strain and pressure” facing customers as a result of the cost of living crisis, which has made it harder for some households

Payments 84

Payments 84

BankInovation

OCTOBER 10, 2022

TD Bank’s approach to embedded banking starts at the core before seeking client feedback to determine which capabilities to add next. The $1.4 trillion bank understands that commercial customers report financials and reconcile their records — so that’s where integration begins, Paul Margarites, head of commercial digital platforms at Cherry Hill, N.J.

Innovation 98

Innovation Report 98

TheGuardian

OCTOBER 10, 2022

Jamie Dimon said the Federal Reserve ‘waited too long and did too little’ as inflation has surged in the past 18 months The US and global economy is facing a “very, very serious” mix of headwinds that is likely to cause a recession by the middle of next year, warned Jamie Dimon, chief executive of JP Morgan Chase, the largest US investment bank, on Monday.

US 72

US 72

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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

BankInovation

OCTOBER 10, 2022

The global banking sector continues to support open finance and collaboration, with 85% of professionals agreeing that open finance is making the industry more collaborative and making a positive impact, while 80% consider the sector open to collaboration. The findings were published in a recent preview of the annual State of the Nation Financial Services […].

National 96

National Industry Fintech Payments 96

The Paypers

OCTOBER 10, 2022

US-based Persona has combined its identity orchestration engine with Sentilink ‘s fraud solutions to maintain KYC compliance and combat fraud.

Fraud 68

Fraud Technology Compliance US 68

FICO

OCTOBER 10, 2022

Home. Blog. FICO. FICO Fact: Can having no credit score be better for consumers than a low credit score? A low FICO score for a consumer can have the perverse effect of preventing them from having access to a second chance through manual underwriting. JessicaButalla@fico.com. Tue, 07/19/2022 - 16:11. by Joanne Gaskin. expand_less Back To Top. Mon, 10/10/2022 - 15:00.

Analytics 52

Analytics Lending Data Michigan 52

The Paypers

OCTOBER 10, 2022

India-based regtech Global Screening Services (GSS) has gone live on the market to augmented how the financial services industry addresses risk and compliance.

Compliance 48

Compliance Innovation Industry Marketing 48

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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

American Banker

OCTOBER 10, 2022

Payments 85

Payments 85

The Paypers

OCTOBER 10, 2022

Web3-powered loyalty platform ShopNEXT has announced a new strategic partnership with global card issuer and payments processor Visa to create Shop-to-Earn, a rewards platform.

Cards 36

Cards Payments 36

American Banker

OCTOBER 10, 2022

Policies 74

Policies 74

The Paypers

OCTOBER 10, 2022

The Reserve Bank of India has announced plans on a phased introduction of a central bank digital currency and will put forth a final design after it has conducted large scale pilot projects.

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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

American Banker

OCTOBER 10, 2022

National 56

National Compliance Regulation Fintech 56

The Paypers

OCTOBER 10, 2022

UK-based cloud payment technology provider Form3 has announced its plans to launch a cloud-native API solution to connect financial institutions globally to the SWIFT network.

Technology 36

Technology Payments 36

The Paypers

OCTOBER 10, 2022

Netherlands-based payments company Recharge.com has announced the launch of a one-stop marketplace for branded gift cards and mobile top-up cards.

Branding 36

Branding Payments Cards Mobile 36

The Paypers

OCTOBER 10, 2022

Global card scheme Mastercard has announced the launch of cloud-based analytics platform Global Treasury Intelligence.

Analytics 36

Analytics Cards 36

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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

OCTOBER 10, 2022

US-based ride-hailing operator Uber has partnered up with Marqeta , Mastercard , and Branch to launch Uber Pro Card.

Cards 36

Cards US Operations 36

The Paypers

OCTOBER 10, 2022

Bank of America has delivered Pay by Bank for euro currency payments in conjunction with UK-based fintech Banked.

America 36

America Payments Fintech 36

The Paypers

OCTOBER 10, 2022

HSBC has rolled out its trade finance service, HSBC Trade Solutions (HTS), to customers in the UK and Hong Kong.

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