Tue.Nov 08, 2022

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How active shooters pay for guns

Payments Dive

Payment methods used by active shooters to acquire guns are becoming part of the U.S. dialogue about such incidents. A new Payments Dive series tracking those details aims to inform the discussion.

Payments 369
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The Bank Talent Acquisition Opportunity

South State Correspondent

Almost every bank has some form of “human capital management” in its top three challenges for the coming years. Attracting, acquiring, retaining, and training talent should be the cornerstone of any bank’s strategic effort as “people” indeed are our most valuable asset and far exceed the value of loans, deposits, and financial capital.

Capital 195
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Brex co-CEO: Fintech took ‘reputation hit’ after dropping customers

Payments Dive

Co-CEO and cofounder Henrique Dubugras regrets Brex’s handling of its June customer base changes, but said narrowing the company’s focus on startups was the right call.

Fintech 284
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NCRC Files Appraisal Bias Complaints with HUD and Issues a Related Report

CFPB Monitor

The National Community Reinvestment Coalition (NCRC) recently filed two complaints against appraisers with the Department of Housing and Urban Development asserting different treatment based on race in violation of the Fair Housing Act. One complaint asserts different service levels based on race, and the other asserts different home valuations based on race, with White individuals receiving better service or home valuations than Black individuals.

Report 148
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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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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What does the future hold for ATMs, branches post COVID?

ATM Marketplace

COVID-19 impacted every industry, including banking and consumer expectations. What role with ATMs and branches play in the post-COVID world?

ATM 101

More Trending

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Companies House is dysfunctional and facilitating fraud, MPs told

TheGuardian

Less verification for someone to set up fraudulent shell firm than to borrow a library book, risk managers say The anti-fraud leader at the trade body UK Finance has said the government needs to fix the “dysfunctional” Companies House because it is helping to facilitate business fraud. Nick Van Benschoten, the director of international illicit finance at UK Finance, and anti-fraud bosses at the banks NatWest and HSBC took aim at the online register of UK-based companies.

Fraud 85
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How Should Companies Communicate in a Difficult Market?

William Mills

Although cultivating and fostering successful B2B relationships is an important goal for many fintech communicators, the process does not end there. We are seeing the phrase "cost of living" dominating the discussion around the current recession, bringing to light how it affects consumers daily. In times of pressure and rapid change, we as communication professionals must comprehend the difficulties, requirements, and motivations.

Company 77
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Jack Henry launches real-time payments solution

BankInovation

Core provider Jack Henry has launched a person-to-person (P2P), open-loop payment solution that allows the transfer of money regardless of whether a transaction takes place on the same network. The real-time payment solution gives customers a way to use their local bank to send and receive funds, allowing smaller financial institutions (FIs) to compete with […].

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A Beginner’s Guide to Staff Photography for Marketing

Image Works Direct

Photography is truly an art, but you don’t have to be a professional to capture great photos of your team. We know that photos are often taken on the fly with your smartphone, but some of them will end up on your company newsletters, annual reports, social media and more. So, we wanted to offer some tips and tricks to help you capture your co-workers in their best light.

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The State of Automation in Financial Services 2024 Report

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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Crossing the $10B threshold: Compliance considerations for banks

BankInovation

Financial institutions approaching the $10 billion asset threshold are leveraging automation and APIs to ensure they have proper governance in place ahead of increasing regulator scrutiny. “Banks must have the ability to pull all of the data and information that regulators expect when they come in and start asking their questions,” Anna Kooi, national financial […].

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Crypto asset risks and how to manage them

The Banker

The spectacular fall in the value of crypto assets over the past year has highlighted the pitfalls of investing in this market. Michael Imeson explores how the risks are being managed by different players in the crypto ecosystem.

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How one community bank is using technology to price deposits

American Banker

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New crypto rules grant DIFC innovation boost

The Banker

The Dubai International Financial Centre’s new crypto regime aims for a careful symmetry between the cutting edge and investor protection. James King reports.

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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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American Banker exclusive: Venus Williams on pay equity and a winning mindset

American Banker

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The Lines Between Credit Cards and Buy Now, Pay Later Are Blurring

The Financial Brand

This article The Lines Between Credit Cards and Buy Now, Pay Later Are Blurring appeared first on The Financial Brand. Increasingly it's getting harder to tell where debit and credit end and BNPL picks up, as the share of wallet fight escalates. This article The Lines Between Credit Cards and Buy Now, Pay Later Are Blurring appeared first on The Financial Brand.

Cards 35
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SBA readies to open its 7(a) program to fintechs a little at a time

American Banker

Fintech 69
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Solving the Mortgage Lending Challenge Through Smart Automation

The Financial Brand

This article Solving the Mortgage Lending Challenge Through Smart Automation appeared first on The Financial Brand. Mortgage lenders can use the current slump to upgrade their technology and help unlock their teams' full potential, improving efficiency. This article Solving the Mortgage Lending Challenge Through Smart Automation appeared first on The Financial Brand.

Lending 35
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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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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Lender's new credit card is a debit card first

American Banker

Cards 69
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Behavior-Based App Helps Consumers Manage Rising Credit Card Debt

The Financial Brand

This article Behavior-Based App Helps Consumers Manage Rising Credit Card Debt appeared first on The Financial Brand. The app 'Debbie' is the Noom for credit cards. It uses behavioral psychology and habit-changing lessons to help consumers pay down card debt. This article Behavior-Based App Helps Consumers Manage Rising Credit Card Debt appeared first on The Financial Brand.

Cards 31
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USAlliance, Marriott Employees' federal credit unions to join forces

American Banker

69
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Strong Fraud Protection Could Draw More Customers - Survey

FICO

Home. Blog. FICO. Strong Fraud Protection Could Draw More Customers - Survey. Fraud protection is now firmly on the radar for consumers and has risen substantially as a deciding factor - it could even be a competitive advantage for banks. by Matt Cox. expand_less Back To Top. Tue, 11/08/2022 - 12:20. FICO’s survey of 4,000 people in four EMEA countries shows that fraud protection is front of mind for banks’ customers.

Survey 52
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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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.

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10 secrets for career success with mentoring, from 3 top women bankers

American Banker

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A Response to Professor Adam Levitin about the Fifth Circuit Opinion in Community Financial Services Association of America, LTD v. CFPB

CFPB Monitor

Even though I often disagree with Professor Levitin’s opinions and policy positions about consumer financial services developments, I maintain high respect for him because he is very knowledgeable in this area. Shortly after the Fifth Circuit held that the CFPB was unconstitutionally funded and invalidated the Payday Loan Rule, Adam published a blog on Credit Slips in which he presented a host of reasons why he believes that the case was wrongly decided.

America 78
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Jury orders BMO Harris to pay more than $550 million in Ponzi scheme case

American Banker

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Oportun pumps brakes on new borrower loans amid record inflation

American Banker

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.