Affirm scans landscape for acquisitions
Payments Dive
AUGUST 26, 2022
With plenty of cash on hand, Affirm CEO Max Levchin considers acquisitions as one of many routes for the buy now-pay later company to continue its growth.
Payments Dive
AUGUST 26, 2022
With plenty of cash on hand, Affirm CEO Max Levchin considers acquisitions as one of many routes for the buy now-pay later company to continue its growth.
Perficient
AUGUST 26, 2022
Background. FINRA has been collecting and disseminating fixed income transaction information through TRACE since 2002. Fixed income markets have continued to change dramatically since 2002, becoming more global while an increasing percentage of trades are made on or by electronic trading platforms. With the move to electronic trading and increased trade volume, FINRA has been considering ways to provide more timely and detailed data to the marketplace and regulators.
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Payments Dive
AUGUST 26, 2022
Payoneer is counting on global growth and new services to offset what CFO Michael Levine called e-commerce “softness.
South State Correspondent
AUGUST 26, 2022
Some Friendly Inflation News Appears. Treasury yields are higher this morning but off the highs of the day as today’s inflation numbers came in better-than-expected (more on that below). The market is awaiting the keynote address by Fed Chair Powell at Jackson Hole, due at 10am ET. Once we get past that event, and unless Powell is exceedingly more hawkish than expected, we could possibly see some bids returning to the market.
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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
BankInovation
AUGUST 26, 2022
Armed Forces Bank (AFB) is embracing digital transformation with several newly implemented processes aimed at providing an improved customer experience during everyday transactions. The $1.6 billion bank is using automation for card controls, allowing users to monitor transactions and establish account alerts, check imaging for deposits and digital chat enhancements that run on both APIs […].
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankInovation
AUGUST 26, 2022
Capital on Tap announced Thursday that it has secured a $237 million credit line from $3.8 trillion JPMorgan and investment firm Triple Point. The U.K.-based fintech provides fast funding to small businesses in an all-in-one business credit card and spend management platform. The company was founded in 2012, and more than 200,000 small business customers […].
ATM Marketplace
AUGUST 26, 2022
How do banks combat fraudulent activity?
The Paypers
AUGUST 26, 2022
Brightwell , a US-based global payments technology company, has announced today the availability of ReadyRemit to enable fintechs to launch global payments programs.
BankInovation
AUGUST 26, 2022
TD Bank launched new artificial intelligence (AI) capabilities, announced an acquisition and leveraged its Next Evolution of Work (NEW) operating model in its third quarter. The Toronto-based bank increased its technology and equipment spend 12% year over year to $360 million, according to the bank’s Q3 earnings supplement. The increase in tech spend also contributed […].
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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
AUGUST 26, 2022
Embedded finance platform Railsr has partnered with UK-based insurance specialist Elmore to provide fintech insurance for the former’s clients.
Bankelele
AUGUST 26, 2022
Absa Bank Kenya continued to show strong growth in a complex environment of macroeconomic challenges and high inflation. At the announcement of financial results for the first half of 2022 in Nairobi, Managing Director Jeremy Awori said the institution has transformed into a financial services giant with new offers in bank assurance, wealth management, risk […].
The Paypers
AUGUST 26, 2022
Switzerland-based NearPay , a crypto finance protocol, has launched virtual crypto cards and its Wallet for iOS and Android to bring the digital banking experience to the world of crypto.
American Banker
AUGUST 26, 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
AUGUST 26, 2022
Australia-based, Buy Now, Pay Later company Afterpay has released a series of limited-edition non-fungible tokens (NFTs) for New York Fashion Week.
The Paypers
AUGUST 26, 2022
Digital identity trust company Daon has partnered Neustar to provide an integrated solution for deterministic authentication through automatic number identification (ANI) validation.
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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
AUGUST 26, 2022
Anecdotes, Codat, Skyflow and Very Good Security (VGS) have joined the consortium of fintech and security compliance companies, supporting the Open Finance Data Security Standard (OFDSS).
The Paypers
AUGUST 26, 2022
Data Mynt , a payments infrastructure company has partnered Airtm to enable sellers and platforms to accept payments, settle and withdraw funds into their bank accounts.
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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
AUGUST 26, 2022
FIS has launched a central infrastructure payment solution, RealNet Central, to help central banks transform their markets to digital-first, real-time payment economies.
The Paypers
AUGUST 26, 2022
Nationwide has partnered with UK-based fintech Moneyhub to enable new and existing members to fund new savings account from day one, using Open Banking technology.
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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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