Accenture
FEBRUARY 9, 2022
Cloud adoption across all industries accelerated during the COVID-19 pandemic as organisations were forced to rapidly adjust their businesses and workplace models. As they move from a capital expenditures (CAPEX) model of IT spending to a more scalable and elastic operating expenses (OPEX) model, new functions and capabilities—as well as changes in culture—are required to….
BankInovation
FEBRUARY 9, 2022
The COVID-19 health crisis has forced organizations to pivot to new ways of working. Companies and government agencies are fighting to maintain business continuity while helping their customers, employees and other stakeholders cope with the stress of a health crisis. For banks and financial services institutions, the pandemic has had a major impact on both […].
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ATM Marketplace
FEBRUARY 9, 2022
ATMs have been around for a long time and they have a bright future ahead of them.
BankInovation
FEBRUARY 9, 2022
Jack Henry is revamping digital banking strategy for its core business in a move to provide local and regional banking clients with a fintech-enabled open banking ecosystem. When the Missouri-based core provider released its Q2 2022 earnings this week, discussion focused on its long-term digital banking strategy, which involves an open banking application that will […].
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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
ABA Community Banking
FEBRUARY 9, 2022
The American Bankers Association Foundation today launched its 2022 financial education campaign, which consists of four programs—Teach Children to Save, the Lights, Camera, Save! video contest, Safe Banking for Seniors and Get Smart About Credit. The post ABA Foundation Launches 2022 Financial Education Campaign appeared first on ABA Banking Journal.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
CB Insights
FEBRUARY 9, 2022
Ramp , a provider of corporate credit cards, has raised $200M in a Series D round that drew participation from Founders Fund. How’s the company performing? New York-based Ramp offers credit cards to SMBs, and it also provides expense management, bill payment, accounting, and reporting services. The company’s clients include Ro, DoNotPay, Bristol Hospice, Walther Farms, ClickUp, and Applied Intuition.
BankInovation
FEBRUARY 9, 2022
NCR Corporation, traditionally known as an automated teller machine (ATM) provider, is shifting from hardware to focus on software and services, including its digital banking platform. The company’s goal is for 80% of its revenue to come from software and services. Seventy-three percent of NCR’s 2021 revenue was from services and software, compared with 72% […].
CB Insights
FEBRUARY 9, 2022
Dune Analytics , a crypto analytics company, has raised $69.4M in a Series B round that drew participation from Coatue Management, Dragonfly Capital, and Multicoin Capital. How’s the company performing? Norway-based Dune Analytics enables users to generate visualizations of Ethereum blockchain activity. It supports data queries for the Ethereum, Polygon, Optimism, Binance Smart Chain, and xDAI blockchains.
BankInovation
FEBRUARY 9, 2022
The head of Wall Street’s top derivatives regulator urged lawmakers to give his agency more authority and a bigger budget to oversee trading in the fast-growing cryptocurrency market. Commodity Futures Trading Commission Chairman Rostin Behnam said on Wednesday that an increase of at least a $100 million to the regulator’s annual budget of about $300 […].
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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
CB Insights
FEBRUARY 9, 2022
Qredo , a decentralized finance (DeFi) infrastructure developer, has raised $80M in a Series A. The round drew participation from 10T Fund, Coinbase Ventures, AVA Labs, Kingsway Capital Partners, and Terra, among others. HOW’S THE COMPANY PERFORMING? UK-based Qredo enables crypto investors to store all of their crypto assets in one location. The startup has over 100 clients, including Coinbase, Celsius, GSR, and Deribit.
FICO
FEBRUARY 9, 2022
The payments market in Brazil is undergoing radical change as the country moves from a traditionally cash-based society to new flexible payment products and services. This shift has created significant opportunities for local banks, however with this growth comes the inevitable threat of increased fraud, exacerbated by the Covid pandemic and the explosion in ecommerce and card-not-present fraud.
The Paypers
FEBRUARY 9, 2022
Revolut has been granted an Australian Credit Licence by ASIC to offer credit and personal lending products to the Australian market.
American Banker
FEBRUARY 9, 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
FEBRUARY 9, 2022
UK fintechs Fnality , Nivaura and Adhara have partnered with NatWest and Santander to execute first cross-chain pilot debt transaction on public Ethereum and Fnality Payment System.
The Banker
FEBRUARY 9, 2022
Central bank digital currencies will revolutionise money, hence the authorities are treading cautiously. But developments in January suggest they are entering their next phase of development. By Justin Pugsley.
The Paypers
FEBRUARY 9, 2022
UK-based payment service provider emerchantpay has announced it provides local payment acceptance for cross-border merchants and partners in eight Latin American countries.
American Banker
FEBRUARY 9, 2022
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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 9, 2022
PayPoint Romania has announced it completed the acquisition of local digital payment solution for public transport 24pay.
The Paypers
FEBRUARY 9, 2022
Germany-based digital financial platform Penta has announced partnering with the insurer Signal Iduna to offer digital solutions for medium-sized companies.
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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 9, 2022
Tonik Financial has raised USD 131 million in Series B funding led by Mizuho Bank and new investors including Prosus Ventures , Sixteenth Street Capital , and Indonesian family office Nuri Group.
American Banker
FEBRUARY 9, 2022
The Paypers
FEBRUARY 9, 2022
UK-based flight finder Alternative Airlines has enabled its customers to spread the cost of their flights at the time of booking through a partnership with Fly Now Pay Later.
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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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