Hurricane Helene aftermath prompts card, cash troubles
Payments Dive
OCTOBER 3, 2024
After the storm ripped through the southeastern U.S., consumers and merchants have been left grappling with card network outages and cash shortages.
Thu.Oct 03, 2024
476 
How to End Price Your Deposit Accounts
South State Correspondent
OCTOBER 3, 2024
You oversee pricing your checking accounts and you are trying to decide between $10.00 per month, $9.99, or $9.95. Which one do you choose? In a prior article where we tested “charm” account pricing, where we showed that conversion rates were almost twice as high when we used a $1.99 price point for a product compared to $2.00 ( HERE ). In this article, we go a level deep in pricing deposit accounts and look at various tactics around “pricing syntax” or “end price.” Pricing Tactics for Dep
Join 23,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
OCC seeks to halt Illinois card interchange fee law
Payments Dive
OCTOBER 3, 2024
The Office of the Comptroller of the Currency blasted an Illinois law that prohibits credit and debit card interchange fees on tips and excise taxes.
Mobile solutions offer competitive edge for credit unions
BankInovation
OCTOBER 3, 2024
Credits unions tapping Dublin-based fintech Pulsate for mobile solutions see a return on investment with a major uptick in funded loans, engagement and transactions. It is imperative that “community financial institutions [are equipped with] the tools they need to not just survive in this digital-first world, but be competitive,” Sarah Martin, chief executive of mobile […] The post Mobile solutions offer competitive edge for credit unions appeared first on Bank Automation News.
Stop Identity Fraud Before It Starts: The Verification Method That Works
Advertiser: Intellicheck
Identity fraud costs businesses billions as fraudsters create perfect fake IDs that fool traditional verification methods. Visual inspection and OCR technology fail because modern fakes are nearly undetectable to human eyes and basic scanning. Even machine learning struggles with lighting, focus, and sophisticated counterfeits. The shocking truth: most verification only checks what you can see, ignoring the authoritative data hidden in ID barcodes.
Visa expected to temper competitive moves after DOJ action
Payments Dive
OCTOBER 3, 2024
The card network may bend to emboldened fintech rivals and more assertive merchants following the Justice Department’s antitrust lawsuit.
Sign up to get articles personalized to your interests!
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
More Trending
For these two small banks, politics is big business
American Banker
OCTOBER 3, 2024
As political campaigns become more expensive and more complicated, meet the banks that have become the preferred financial institutions for the Republican and Democratic parties.
Data Analytics in the Cloud: It’s Not If, It’s When
Gonzobanker
OCTOBER 3, 2024
Bankers are finally realizing that their first-generation approach to data analytics won’t serve them for long. Bluntly speaking, the banking industry is falling behind when it comes to leveraging and monetizing data strategically. With all the customer, transaction, credit, delivery channel and market data that banks hold, it’s ironic to hear executives lament, “We don’t have our arms around data yet, and we’re not using it to drive the business.
The FDIC is proposing an unnecessary rule that will kill index funds
American Banker
OCTOBER 3, 2024
The Federal Deposit Insurance Corp. wants to remove an exemption that allows index funds to invest freely in bank stocks. The result will be damaging to the investors who have come to rely on the funds' steady returns.
Sharing interest rate risk: who is trading and what affects the costs?
BankUnderground
OCTOBER 3, 2024
Ioana Neamțu, Umang Khetan, Jian Li and Ishita Sen What do the 2023 Silicon Valley Bank collapse and the 2022 UK pension fund crisis have in common? Interest rate risk. Several sectors in the economy run significant asset-liability mismatch that makes them vulnerable to rapid interest rate changes: pension funds and insurers have short-term cash flows and long-term liabilities, while banks follow a lend-long-borrow-short approach.
Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future
Speaker: Joe Wroblewski, Sales Engineer Manager
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
20 credit unions with the largest portfolios of credit card loans
American Banker
OCTOBER 3, 2024
The top five credit unions on this list have more than $36 billion in unsecured card loans and lines of credit.
Intrepid Credit Union partners with Alkami
The Paypers
OCTOBER 3, 2024
Alkami , a provider of cloud-based digital banking solutions has announced its partnership with Intrepid Credit Union to launch a new digital banking platform.
Warren urges OCC to cap Citigroup's growth
American Banker
OCTOBER 3, 2024
In a letter to Acting Comptroller Michael Hsu, Democratic Sen. Elizabeth Warren urged the regulator to curtail the megabank's growth in response to its failure to improve its risk management programs.
Hastings Direct Loans automates its processes using IDVerse identity
The Paypers
OCTOBER 3, 2024
Hastings Direct Loans has announced its collaboration with IDVerse Identity to automate personalised journeys and improve its growth strategies.
Case Study: Anchor Loans Cuts Doc Prep Time by 90% with GoDocs Automation
Advertisement
Anchor Loans, one of the nation’s top private lenders, turned to GoDocs to modernize its document preparation process and keep pace with growing loan volume. By automating doc generation and integrating seamlessly with internal systems, Anchor Loans drastically reduced prep time and minimized risk—without adding headcount. Learn how GoDocs helped Anchor Loans begin finalizing loan packages in just minutes, enabling faster, more scalable lending with real-time compliance across 48 states.
US port strike puts payments tech to the test
American Banker
OCTOBER 3, 2024
Recent advancements in transaction processing aim to improve visibility into cash flow, which can be thrown into chaos with uncertain shipments.
Sygnum launches Web3 wallet recovery solution with Safe
The Paypers
OCTOBER 3, 2024
Sygnum has introduced a web3 wallet recovery module built on Safe, leveraging the capabilities of the Safe{RecoveryHub} ecosystem.
Fed fines bank over flood insurance; IT worker cited for mishandling documents
American Banker
OCTOBER 3, 2024
The Federal Reserve issued two enforcement actions, one against a bank in Montana, the other against a former information technology employee in Wyoming.
UK strengthens its role in the European fintech sector, report says
The Paypers
OCTOBER 3, 2024
A new Finch Capital report has revealed that the UK has solidified its position in Europe’s fintech industry, accounting for around two-thirds of the total deals made in the region.
Live Demo - Supercharge your Month End Close
Advertisement
Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
Podcast: How a Latin American banking franchise is growing in South Florida
ABA Community Banking
OCTOBER 3, 2024
Miami is often described as the northernmost city in Latin America, or sometimes as Latin America's business capital. Banesco USA Cali Garcia-Velez discusses how he and his team are growing a Latino banking franchise in South Florida. The post Podcast: How a Latin American banking franchise is growing in South Florida appeared first on ABA Banking Journal.
Cynical Appraisers Lose: The Benefits of an Optimistic Mindset
Realwired Appraisal Management Blog
OCTOBER 3, 2024
People think that cynicism is a sign of intelligence. It’s not. We often think of cynics as realists, those who see the world for what it truly is. They don’t. 85% of people think a cynic will be a better lie detector than a non-cynic. They’re wrong.
Old National Bank CEO appointed chair of ABA’s American Bankers Council
ABA Community Banking
OCTOBER 3, 2024
ABA announced that James Ryan has been named chair of ABA’s American Bankers Council for the 2024-2025 membership year. The post Old National Bank CEO appointed chair of ABA’s American Bankers Council appeared first on ABA Banking Journal.
How the US port strike affects banks
American Banker
OCTOBER 3, 2024
Coordinated strikes by dock workers along the Eastern Seaboard and the Gulf Coast could cause issues for banks that provide credit to foreign shipping groups and domestic trucking companies.
Commercial Lenders, Playing It Safe Is the Real Risk
Advertisement
Why Legacy Lending Workflows Are Costing You More Than You Think Legacy systems and manual workflows might feel familiar, but they come with growing risks—compliance gaps, costly delays, and lost opportunities. This guide breaks down why clinging to traditional processes is no longer sustainable and how automation can help lenders regain control, improve efficiency, and reduce risk across the closing process.
HSBC introduces new Embedded Finance venture
The Paypers
OCTOBER 3, 2024
UK-based financial services provider HSBC has announced the launch of its new jointly-owned Embedded Finance venture, SemFi by HSBC, intending to provide optimised solutions to business clients.
Credit union-bank merger lifts contentious deal tally to all-time high
American Banker
OCTOBER 3, 2024
OneAZ Credit Union in Phoenix said it would acquire 1st Bank Yuma in the record-setting 17th deal of 2024 involving a credit union buying a bank.
Aryza Group acquires NTI
The Paypers
OCTOBER 3, 2024
Ireland-based developer of software solutions for the financial services industry Aryza Group has announced the acquisition of NTI , aiming to solidify its presence in the insolvency sector.
OCC backs banks in fight against Illinois interchange law
American Banker
OCTOBER 3, 2024
The OCC has filed a legal brief backing the banking industry's challenge to Illinois' Interchange Fee Prohibition Act, arguing the law would interfere with national banks' federal authority, fragment the national payment system and force banks to halt credit card usage in the state.
Leverage Trellis Court Data To Identify More Investment Opportunities
Advertiser: Trellis
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
Let's personalize your content