Accenture
SEPTEMBER 21, 2022
When banks move past the status quo and adopt an “everything is possible” attitude, they have the power to do truly transformative things. This is evident each year at the Qorus-Accenture Banking Innovation Awards, formerly the Efma-Accenture Banking Innovation Awards. The sheer diversity of the entries testifies to the creative thinking that’s happening at leading-edge….
Abrigo
SEPTEMBER 21, 2022
Driving efficiency and reducing risk Construction loan risk management software leverages technology and sound process management to pull construction lending away from its manual roots. You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH. Takeaway 1 Construction loan risk management software can modernizing the administration of construction loans and increase draw interest by 12%.
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Payments Dive
SEPTEMBER 21, 2022
Three in 4 small business leaders are feeling squeezed by inflationary pressures, American Express discovered, and more than half expect don’t expect inflation to subside until summer 2023.
ATM Marketplace
SEPTEMBER 21, 2022
Four presenters shared elevator pitches for innovative banking services products at the Bank Customer Experience Summit, held in Chicago from Aug. 31 to Sept 1.
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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
CFPB Monitor
SEPTEMBER 21, 2022
We recently wrote about a Law 360 report indicating that the CFPB appears unlikely, at least in the near future, to undertake new rulemaking that would regulate the use of consumer arbitration agreements. The report was based on comments made by CFPB Director Rohit Chopra at a virtual meeting organized by Public Justice. However, another report about that meeting, published by BNA states that “[m]andatory arbitration clauses are likely to be a part” of the CFPB’s review of consumer contract cl
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
The Paypers
SEPTEMBER 21, 2022
The Association of Banks and Bankers of Luxembourg has partnered with two public financial authorities in a bid to share skills and knowledge to better fight money laundering.
BankInovation
SEPTEMBER 21, 2022
SEATTLE — Financial institutions are looking beyond so-called tech cities in the hunt for cloud engineers amid a surging demand for top talent. The market for cloud engineers is so hot, in fact, that $532 billion Truist Bank is scouting for talent in lesser-known areas of the U.S., Bryce Elliott, chief information officer for wholesale […].
The Paypers
SEPTEMBER 21, 2022
Amazon has introduced Amazon Layaway as a new option for financing purchases.
BankInovation
SEPTEMBER 21, 2022
If you want to see the future of commercial banking, it’s already here, in the form of software-embedded payments. For commercial banks the opportunities to unlock new revenue growth are unparalleled. But for banks that aren’t prepared, embedded payments could prove an existential threat. Over the last 10 years, companies like Stripe and Adyen have […].
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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
SEPTEMBER 21, 2022
Denmark-based Aiia , a Mastercard company, has enabled top-up Open Banking payments for investment advisor platform NORD.Investments.
BankInovation
SEPTEMBER 21, 2022
SEATTLE — Ally Financial is using robotic process automation (RPA) and artificial intelligence (AI) to identify the fraudulent paystubs commonly used in conjunction with synthetic identities. The lender is leveraging the automations to combat mounting fraud losses, Kevin Faragher, senior director of product and strategy at Ally Financial, said during the Monday panel discussion “Automation to Detect […].
The Paypers
SEPTEMBER 21, 2022
UK-based automation platform for payments Primer has started collaborating with Fazz to allow merchants in Southeast Asia to add PayNow to their service.
American Banker
SEPTEMBER 21, 2022
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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
SEPTEMBER 21, 2022
US-based fintech Galileo has expanded its Payment Risk Platform with DataVisor , to offer its customers fraud management solutions that mitigate payment risk.
American Banker
SEPTEMBER 21, 2022
The Paypers
SEPTEMBER 21, 2022
US-based financial services company Morgan Stanley has received a USD 35 million fine from the SEC for failing to secure the personal data of its clients.
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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
SEPTEMBER 21, 2022
GoCardless has launched its first Open Banking-powered feature in France, to help merchants reduce fraud and provide a better customer experience.
The Paypers
SEPTEMBER 21, 2022
US-based Persona has partnered Serpro , the federal government technology company of Brazil, in order to protect customers from identity fraud.
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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
SEPTEMBER 21, 2022
Revolut , a financial super-app, has launched Revolut Pro, an income, payment, and expense management account withing the Revolut retail app.
The Paypers
SEPTEMBER 21, 2022
Canadian telecoms company Telus has announced it will charge a 1.5% interchange fee on the credit card bills of customers outside Quebec.
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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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