Accenture
FEBRUARY 18, 2022
The payments space has surely seen more than its fair share of disruption in the last decade. The advent of service providers like Square, Venmo, Alipay and PayPal has rewritten customer expectations around sending and receiving money. The response of payments incumbents to compete with these new offerings has pushed the industry yet further. Customers….
Perficient
FEBRUARY 18, 2022
Monday, February 21 st marks the beginning of Empathy Week. Empathy Week was founded in London in 2019 as an initiative to use storytelling through film to cultivate empathy among school children. During Empathy Week, students are shown one short film each day that showcases a unique human experience. The films’ themes are interlaced into lessons, assemblies, and/or tutor times, allowing for their insights to truly resonate.
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ATM Marketplace
FEBRUARY 18, 2022
Physical threats are not the only security concerns for ATMs. Outdated key standards and card skimming are also major issues in the ATM industry. Let's take a closer look at some of these security issues and what causes them.
Perficient
FEBRUARY 18, 2022
Monday, February 21 st marks the beginning of Empathy Week. Empathy Week was founded in London in 2019 as an initiative to use storytelling through film to cultivate empathy among school children. During Empathy Week, students are shown one short film each day that showcases a unique human experience. The films’ themes are interlaced into lessons, assemblies, and/or tutor times, allowing for their insights to truly resonate.
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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
FEBRUARY 18, 2022
Open banking is a topic that can no longer be ignored, with the vast majority of financial institutions expecting the biggest changes in the next five years. The opportunities presented by open banking are huge. Banks connect the dots and develop insightful customer journeys; tap into an exceptionally broad marketplace; integrate with third-party services; and […].
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankInovation
FEBRUARY 18, 2022
Pakistan’s largest lender, Habib Bank Ltd., will adopt a new platform after months of customer complaints about frequent outages. The Karachi-based lender will onboard its more than 25 million clients onto the Temenos core banking platform, HBL said in a statement Friday, citing increased reliability and security as benefits. HBL had announced a new Chief […].
TheGuardian
FEBRUARY 18, 2022
Despite £298m pool figure, CEO says group is mindful of inflation and cost of living challenges facing customers NatWest is giving its bankers bigger bonuses this year after the group, still majority-owned by taxpayers, bounced back to a £4bn profit in 2021 as the economy recovered from the coronavirus pandemic. The lender said it had increased its bonus pool to £298m, a 44% increase on a year earlier.
BankInovation
FEBRUARY 18, 2022
Sao Paulo, Brazil-based challenger bank Nubank announced Wednesday that it has received a post-initial public offering (IPO) infusion of $1 billion from Berkshire Hathaway, which is owned by Warren Buffett. The equity funding was disclosed in a 13F filing with the U.S. Securities and Exchange Commission. It brings the total funding for Nubank to $3.3 […].
SWBC's LenderHub
FEBRUARY 18, 2022
Congress has several laws in place to oversee financial institutions—protecting them against illegal activities such as money laundering and protecting consumers from unfair financial practices.
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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
BankInovation
FEBRUARY 18, 2022
In this Weekly Wrap episode of “The Buzz” podcast, the Bank Automation News team dives into the latest round of core provider earnings along with a look at a new acquisition for workflow automation vendor Nintex. Temenos and FIS released their Q4 2021 earnings this week, revealing tech revenue growth and new expansion efforts. Temenos […].
BankBazaar
FEBRUARY 18, 2022
Stay ahead of uncertainties and emergencies with a periodic review of your money game. Money is arguably one of the most important tools for survival. Having a sufficient monetary cushion gives us a sense of security. Not only does it let us pursue our aspirations and realise our dreams, but it also lets us stay prepared for emergencies. Hence, it is crucial to create and execute a financial plan.
The Paypers
FEBRUARY 18, 2022
The National Payments Corporation of India ( NPCI ) has announced that Nepal has become the first country outside India to adopt UPI.
TheGuardian
FEBRUARY 18, 2022
The supreme court’s ruling against Bloomberg News in a landmark case is a threat to legitimate investigative reporting Prince Andrew’s decision to cut his losses and settle out of court with Virginia Giuffre grabbed all the headlines. But the most far-reaching legal activity this week may have taken place in London rather than New York, with disturbing implications for the freedom of the press.
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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
FEBRUARY 18, 2022
SC Ventures , Standard Chartered ’s innovation, fintech investment, and ventures arm, has launched of Trade and Supply Chain Connect (TASConnect), a bank agnostic supply chain finance.
The Paypers
FEBRUARY 18, 2022
Cowbell Cyber has partnered with password manager NordPass to offer SMEs a security solution.
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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
FEBRUARY 18, 2022
UK-based fintech that enables bank transfers and LPMs (Local Payment Methods), Transact365 , has announced it launched its global payments platform for LATAM users.
The Paypers
FEBRUARY 18, 2022
Freddie Mac has announced that it will roll out an automated process that allows mortgage lenders to assess a prospective homebuyer’s direct deposit income, according to housingwire.com.
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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
FEBRUARY 18, 2022
UK-based financial service provider Sokin has announced it will enable full ecommerce payments in the metaverse, allowing businesses to boost their sales by switching from physical stores to the virtual world.
The Paypers
FEBRUARY 18, 2022
Warren Buffett’s Berkshire Hathaway has bought USD 1 billion worth of stock in Nubank , a Brazil-based fintech bank.
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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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