Accenture

MARCH 29, 2022

Attending the awards ceremony last October for American Banker’s Most Powerful Women in Banking was an unforgettable experience. Not only was this the first in-person event I’d attended in months; more importantly, it was a celebration of how far women have come in banking. A passion for making a difference So you can imagine how…. The post Why banks need to tap into the power of belonging appeared first on Accenture Banking Blog.

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Marketing 331

Payments Dive

MARCH 29, 2022

Total credit card late fee volume is rising again after a dip during the pandemic, and current inflation levels mean the largest issuers are likely to keep increasing fees, the Consumer Financial Protection Bureau said.

Cards 273

Cards 273

Accenture

MARCH 29, 2022

The big players in commercial banking are making major investments in technology to quickly ramp up their digital transformation and streamline their processes. That’s all very doable for banks with deep pockets—but what about the mid-sized banks? As we identified in our Commercial Banking Top Trends in 2022 report, the farther we get into the…. The post How can mid-sized banks compete in the big leagues?

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Trends Technology Report Banking Trends 257

Payments Dive

MARCH 29, 2022

The acquisition of Jacksonville-based OnPay Solutions is the latest in a string of business-to-business deals over the past year. For Medius, it provides entry into the U.S. market following other recent expansion moves.

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Jacksonville Marketing 195

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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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South State Correspondent

MARCH 29, 2022

Will the Consumer Continue to Hold the Line? Tough and effective Ukrainian resistance to the mortal threat of the Russian invasion has surprised the world. In a similar fashion, but certainly less consequential, the US consumer has withstood the impact of the pandemic and higher prices to continue to drive the economy forward. The question now, however, is will that resilience continue?

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Conference US Marketing Cards 195

Cisco

MARCH 29, 2022

It’s evident that digital investments made prior to 2020 helped many financial institutions respond quickly to a rapidly changing operational environment. The “shift to digital”, necessitated by these changes, was largely confirmation of what institutions already understood about the future of customer engagement. Instead, the most useful insight is likely the remarkable agility demonstrated by the industry and how it changed executives’ perspectives of prior and future transformation strategies

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ATM Marketplace

MARCH 29, 2022

Are you part of a financial institution, fintech or self-service banking provider? Then the Bank Customer Experience Summit, held Aug. 31 to Sept. 1 in Chicago would prove valuable.

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Customer Experience Chicago Innovation Fintech 114

BankInovation

MARCH 29, 2022

Visa is planning to connect its real-time platform to digital wallets, which could provide greater access to the company’s payments network. Linking the Visa Direct payments platform to digital wallets could provide greater access to digital wallets for the 5 billion bank accounts and cards connected to Visa Direct globally, said Catherine Gu, Visa’s head […].

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Cards Payments 98

BankUnderground

MARCH 29, 2022

Lena Anayi. Remote working soared during the Covid-19 (Covid) pandemic. Over half of British workers worked from home during the initial Covid lockdowns (first panel in Chart 1 ). And by February this year, nearly a third of workers were still doing so at least some of the time. But will this last? In this blog post, I explore firms’ and workers’ attitudes to remote working, the extent to which these may differ, and factors that might affect negotiations between them on future remote working arr

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Survey Policies US Regional 97

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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

MARCH 29, 2022

Core provider Fiserv expects more fintechs to adopt the company’s AllData Connect platform. Fiserv announced last week that data aggregation fintech MX was the first company to access tokenized consumer data through its AllData Connect Platform, a part of the company’s AllData Aggregation data suite. Ann Cave, director of public relations at Fiserv, told Bank […].

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Fintech Data Company 98

CFPB Monitor

MARCH 29, 2022

Delivering the University of Pennsylvania Law School’s 2022 Distinguished Lecture on Regulation yesterday, CFPB Director Chopra addressed the following question: “How do we stop large dominant firms from violating the law over and over again with seeming impunity?” His remarks made clear that, under his leadership, large companies charged by the CFPB with repeat violations or new violations of a different kind than previously charged can expect the CFPB to demand significantly more than the pay

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Leadership Pennsylvania Regulation Compliance 78

William Mills

MARCH 29, 2022

If you’ve paid any attention to the news in the last couple months, then you’ve heard about Better.com. Not because of a great PR campaign or anything – unfortunately, it’s because of their toxic leadership and resulting company culture.

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Branding Company Leadership Management 76

CFPB Monitor

MARCH 29, 2022

The Fifth Circuit has scheduled oral argument for May 11, 2022 in the appeal filed by the trade groups challenging the payment provisions in the CFPB’s 2017 final payday/auto title/high-rate installment loan rule. The trade groups have appealed from the district court’s final judgment granting the CFPB’s summary judgment motion and staying the compliance date for the payment provisions until 286 days after August 31, 2021 (which would have been until June 13, 2022).

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Groups Compliance Payments Texas 78

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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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TheGuardian

MARCH 29, 2022

Concerns that low-income households are turning to expensive forms of lending as inflation soars A surge in credit card borrowing to a record high last month has prompted concerns that low-income households are turning to expensive forms of lending to cope with rising costs of food, clothing and fuel. Figures from the Bank of England showed credit card borrowing jumped by £1.5bn in February to £59.5bn – the highest since records began in 1993 – pushing the total amount of unsecured lending up by

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Cards Lending 71

CB Insights

MARCH 29, 2022

Causal , a spreadsheet software provider, has raised $20M in a Series A. The round drew participation from Accel and Coatue Management, among others. <span data-sheets-value='{"1":2,"2":"<div class="cbi-cta-shortcode-wrapper"><div class="cbi-cta-shortcode-content"></div><div class="cbi-cta-shortcode-forms" ><div class="cta has-desktop"><div class="cta-desktop center-copy "><h4

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Regional Fintech Software Data 63

The Paypers

MARCH 29, 2022

Netherlands-based electronic money institution (EMI) Bitsafe has opened its services to Ukrainian people currently residing in the European Union.

Payments 69

Payments 69

CB Insights

MARCH 29, 2022

Startups are changing how retail and institutional investors manage wealth. Wealth tech companies aim to help individuals manage their finances and make more asset classes and services accessible to lower-income investors. Some offer platforms and tools to help wealth management professionals improve portfolio management, investment-tracking, and advising. free report: The Future Of the wallet.

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Regional Management Tools Retail 61

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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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PopularBank

MARCH 29, 2022

Last month, we talked about how to prepare for tax season. Covid has created a whole new set of self-employed people in the previous two years. If you’re one of the 16 million workers who identify as self-employed , here are our tax deduction tips for small businesses to help you navigate ?ling your 2021 return. If you worked from home in 2021 don’t miss these potential tax deduction tips.

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Taxes Strategy Cards Meeting 52

The Paypers

MARCH 29, 2022

Factris has partnered with Eurowag , a pan-European integrated payments and mobility platform, to offer ‘Eurowag Cash’, a pilot product aimed at helping transport and logistics companies finance invoices and secure cash flow.

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Mobile Security Payments Company 53

The Banker

MARCH 29, 2022

Russia's war on Ukraine has the potential to impact commodities prices in Asia. However, some countries may benefit from shifting supply chains. Kimberley Long reports.

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Report 36

The Paypers

MARCH 29, 2022

Italy-based digital asset custodian Anubi Digital has partnered with cryptocurrency platform Celsius to expand the offering to expand crypto services for Anubi Digital's customers.

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cryptocurrency 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.

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American Banker

MARCH 29, 2022

Google 69

Google Apple Technology Payments 69

The Paypers

MARCH 29, 2022

The Central Bank of India has selected India-based digital KYC platform Kwik.ID to implement its solution for the bank’s network across the country.

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American Banker

MARCH 29, 2022

Fintech 69

Fintech Payments 69

The Paypers

MARCH 29, 2022

US-based payments company Papaya Global has planned to acquire money transfer startup Azimo to launch its own remittance efforts.

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Payments US Company 36

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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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