Accenture

DECEMBER 16, 2022

The pace of change is not slowing down. Customers’ expectations have radically changed, and they expect much more from their banking products and services than ever before. To maintain relevance, banks need to be on the pulse of these needs and create products to solve them—to unlock value for both their customers and the bank.…. The post The Ultimate Guide to Product Innovation in Banking appeared first on Accenture Banking Blog.

Innovation 404

Innovation Customer Experience 404

Payments Dive

DECEMBER 16, 2022

DailyPay, which was founded in 2015 by Jason Lee, may be content to wait for a better offer, or perhaps lean on its track record of successful fundraising going forward.

Report 221

Report 221

ATM Marketplace

DECEMBER 16, 2022

In 2022, readers revealed a wide variety of interests ranging from how to purchase a bitcoin ATM to how to handle ATM security and other topics.

ATM 111

ATM Bitcoin Banking Trends Security 111

Payments Dive

DECEMBER 16, 2022

Discover Financial Services and Synchrony Financial this week each reported increases in delinquencies and charge-offs.

Report 243

Report 243

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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TheGuardian

DECEMBER 16, 2022

Robey Warshaw did not specify how much the former chancellor would collect George Osborne will collect a share of a £26.5m payout for his first year working as partner at the City advisory firm Robey Warshaw. The former chancellor, who orchestrated the austerity drive after the financial crisis, is one of four partners at the Mayfair-based company, which announced on Friday it would pay out a total of £26,482,914 to four men.

Company 100

Company 100

Jeff For Banks

DECEMBER 16, 2022

For the past eleven years I searched for the Top 5 financial institutions in five-year total return to shareholders because I support long-term strategic decision making that may not benefit next quarter's or even next year's earnings. And I am weary of the persistent "get big or get out" mentality of many industry pundits. If their platitudes about scale are correct, then the largest FIs should logically demonstrate better shareholder returns, right?

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Payments Dive

DECEMBER 16, 2022

The payments processor is undertaking a comprehensive review of operations after two shareholders pressed the company to increase shareholder value.

Operations 195

Operations Payments Company 195

TheGuardian

DECEMBER 16, 2022

An extra £80m will be available next month after a shake-up by NS&I. But the odds of winning are 24,000-1 There was some welcome news this week for Britain’s premium bond holders: from next month there will be many more higher-value prizes up for grabs. A rejig of the prize pot means there will be three times as many prizes worth £100,000, £50,000, £25,000, £10,000 and £5,000 available in January than there were this month.

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The Paypers

DECEMBER 16, 2022

The Bank of Italy and IVASS have selected the Algorand blockchain to demonstrate how distributed ledger technology can be used for guarantees.

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blockchain Technology 92

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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

DECEMBER 16, 2022

Banks that focus on aligning real-time payment (RTP) transactions and real-time data may be able to help their corporate clients boost working capital and improve cash management. Financial institutions must ensure that necessary processes and technologies like open APIs have been properly implemented to deliver real-time data for clients — or risk that new entrants […].

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Capital Management Data Technology 52

The Paypers

DECEMBER 16, 2022

Money transfer service Western Union has rolled out its Digital Banking app, which offers both digital banking and international money transfers, in Romania, according to MSN.

Digital Banking 71

Digital Banking 71

BankInovation

DECEMBER 16, 2022

Bucking a trend among technology companies, money transfer fintech Wise will add 250 employees — an increase of more than 41% — to its U.S. team in 2023. London-based Wise saw a 58% increase in revenue over the first six months of its fiscal 2023 in its North American business compared with the same period […].

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US Trends Fintech Technology 52

The Paypers

DECEMBER 16, 2022

Barclays has announced planning to invest GBP 500 million in climate-focused startups by 2027, as the lender targets GBP 1 trillion of green financing by the end of the decade.

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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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BankInovation

DECEMBER 16, 2022

Paris-based fintech Younited has reached unicorn status after breaking through the $1 billion valuation mark following a $63 million raise from its main shareholders including Goldman Sachs, Eurazeo and Bpifrance. The 13-year-old fintech, which operates in five European countries, provides a cloud-based software-as-a-service (SaaS) platform that utilizes data from APIs and open banking to […].

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Fintech Security Maine Software 52

The Paypers

DECEMBER 16, 2022

Payments company Stripe and ecommerce group Shopify have committed to sped USD 11 million in the Frontier fund to remove carbon dioxide from the environment.

Groups 68

Groups Payments Company 68

American Banker

DECEMBER 16, 2022

Innovation 90

Innovation Fintech Technology 90

The Paypers

DECEMBER 16, 2022

Phos , a SoftPoS orchestration for businesses, has announced the addition of Open Banking as a payment option to its software-only payment acceptance solution.

Payments 60

Payments Software 60

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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

The Banker

DECEMBER 16, 2022

The CEO of Seba Bank in Switzerland talks to Anita Hawser about crypto’s 'annus horribilis' and the FTX collapse.

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The Paypers

DECEMBER 16, 2022

The Deutsche Kreditbank (DKB) has announced integrating new functions into its banking app.

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American Banker

DECEMBER 16, 2022

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The Paypers

DECEMBER 16, 2022

Microsoft has prohibited cryptocurrency mining on its Azure cloud services, modifying the Universal License Terms for Online Services that the company had issued at the beginning of December.

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cryptocurrency Online Company 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.

Lending

American Banker

DECEMBER 16, 2022

Marketing 57

Marketing Payments 57

The Paypers

DECEMBER 16, 2022

The Paypers has published the Fraud Prevention in Ecommerce Report 2022-2023 , setting the scene for the latest insights and developments regarding fraud prevention technologies and related regulations.

Fraud 41

Fraud Report Regulation Technology 41

American Banker

DECEMBER 16, 2022

Industry 45

Industry cryptocurrency Fraud 45

The Paypers

DECEMBER 16, 2022

Lithuania-based identity verification provider iDenfy has partnered staffing solution UpStack to provide biometric identity verification for applicant onboarding.

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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.

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