Thu.Jun 05, 2025

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Stablecoin bill undermines state banking authority, group says

American Banker

The National Conference of State Legislatures asked that leading lawmakers strike a provision in the Senate stablecoin bill that they say would preempt state authority to bar state-chartered special purpose depository institutions from operating in their state.

Groups 36
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Shift4 appoints new CEO

Payments Dive

The digital processor named Taylor Lauber to the post and appointed founder Jared Isaacman as executive chairman, a Thursday regulatory filing said.

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More mortgage lending might push home ownership further out of reach

BankUnderground

Jamie Waddell and Danny Walker Would expanding mortgage supply lead to increased home ownership? Given that 90% of young home owners have a mortgage, its tempting to assume the answer is yes. But our analysis suggests that assumption is not necessarily true. We show that increases in mortgage supply have historically had no discernible effect on the home ownership rate and instead tend to push up on house prices, which makes it harder for first-time buyers (FTBs) to afford their first home.

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Bill taps PayPal veteran as CFO

Payments Dive

Rohini Jain is set to become Bill’s finance chief in July, replacing John Rettig who will assume the role of president and chief operating officer.

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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

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Caryl Churchill pulls out of Donmar Warehouse project over Barclays’ Israel links

TheGuardian

Playwright urges theatre to cut ties with bank, which has been criticised for providing financial services to defence firms supplying Israel The playwright Caryl Churchill has pulled out of a project at the Donmar Warehouse, citing the organisations sponsorship by Barclays and the banks links to Israel. In a statement, Churchill, a longtime supporter of Palestinian rights , said that the London theatre should drop its association with the bank, which has been criticised for providing financial s

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Lloyds launches FX execution algorithms in partnership with BNP Paribas

The Paypers

Lloyds has announced its partnership with BNP Paribas in order to deliver FX Execution Algorithms to its clients and collaborators.

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Inside the Numbers: What Does Consumer Spending Data Tell Us About the Future of Business?

Trade Credit & Liquidity Management

In this episode of the "Credit on the Go" podcast, sponsored by the Trade Credit and Liquidity Management newsletter, host Bob Shultz welcomes Paul Hill, CEO of JSI Analytics, to explore how shifting consumer spending trends are influencing the financial performance of companies across the United States. Drawing on JSI's proprietary data and analytic tools, the discussion delves into how inflation and rising interest rates are reshaping purchasing behaviors across different income groups, impact

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JP Morgan now accepts Bitcoin ETFs as loan collateral

The Paypers

JP Morgan has started accepting shares of BlackRock’s iShares Bitcoin Trust (IBIT) as collateral for loans.

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Device Connectivity Solutions (XFS, J/XFS, XFS4IOT)

ATM Marketplace

Device connectivity encompasses the various methods, protocols, and technologies used by organizations, systems, and software to communicate, send, and receive data between hardware devices.

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Case Study: Anchor Loans Cuts Doc Prep Time by 90% with GoDocs Automation

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.

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Yotta says Evolve Bank ran a Ponzi scheme, in new complaint

American Banker

Yotta is pursuing its lawsuit against Evolve, saying the bank misappropriated tens of millions of dollars of customer funds, ran a Ponzi scheme and lied to cover up its malfeasance.

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allpay signs Enfuce's Fortitude Pledge for responsible finance

The Paypers

allpay , a UK-based payment solutions provider, has signed the Fortitude Pledge, a compliance standard launched by Enfuce to mitigate financial crime risks.

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BMO hires former BofA exec to oversee U.S. businesses

American Banker

The Toronto-based bank said that Aron Levine will become group head and president of BMO U.S. It also announced the upcoming retirement of Ernie Johannson, head of North American personal and business banking.

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Try before you buy: How to make the most of your consumer LOS demo

CU Insight

Learn how to lead a high-impact consumer LOS demo that uncovers real fit, gaps, and growth potential for your financial institution.

How To 17
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Live Demo - Supercharge your Month End Close

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

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Capital One CEO to get one-time award valued at $30 million

American Banker

Richard Fairbank will receive the restricted stock units in recognition of his work related to the integration of Discover into Capital One, the company disclosed.

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Reaching the next generation of credit union members: A masterclass on streaming TV ad targeting

CU Insight

In today’s hyper-competitive digital landscape, credit unions face a familiar challenge with new urgency: How do we authentically reach the next generation of members—and get ahead of our competitors while doing it? On Wednesday, June 12th , credit union marketers and leaders across the country are invited to a free, live virtual masterclass hosted by TriAD CTV® , the credit union industry’s leading Connected TV (CTV) ad-targeting platform.

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The US government is now a bitcoin whale. That has consequences

American Banker

The creation of a Strategic Bitcoin Reserve creates a tempting target for bad actors, and raises the stakes for everyone in the areas of anti-money laundering, cybersecurity, market-volatility and sanctions-screening.

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Senate confirms Bowman as Fed’s vice chair of supervision

CU Insight

The Senate confirmed Michelle Bowman to be the Federal Reserve’s vice chair for supervision in a 48-46 vote Wednesday. In this role, she will oversee bank regulation, supervision, and rulemaking.

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Commercial Lenders, Playing It Safe Is the Real Risk

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.

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Ohio bank dismisses its CEO, expands chairman's duties

American Banker

Main Street Financial's ouster of James VanSickle came three months after its chairman characterized the company's financial performance as being "on the upswing.

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Rand Merchant Bank partners with Supercomp to scale internationally

The Paypers

Rand Merchant Bank (RMB) has selected Supercomp ’s Trade Finance as a Service (TFaaS) solution to drive digital trade finance operations and international expansion.

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What we learned at this year's Digital Banking Conference

American Banker

Speakers at American Banker's Digital Banking Conference discussed financial technology trends including digital assets, cybersecurity and open banking.

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Worldpay partners with Early Warning Services to launch Paze as a checkout option

The Paypers

Worldpay has partnered with Early Warning Services (EWS) to provide Paze as a checkout option for merchants, optimising and securing the user experience.

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Leverage Trellis Court Data To Identify More Investment Opportunities

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.

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Fed's Kugler not ready to look past tariff inflation

American Banker

The Federal Reserve Board governor said higher import tariffs could have a "persistent" impact on inflation.

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Circle raises USD 1.1 billion in upsized stablecoin IPO

The Paypers

Stablecoin issuer Circle Internet Group Inc. has raised approximately USD 1.1 billion in an enlarged initial public offering.

Groups 36
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Why Wise's American ambitions include a stock listing

American Banker

The payments company hopes to build its brand outside of its U.K. home base while attracting a deeper investor pool.

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LianLian Global partners with UnionPay International

The Paypers

LianLian Global has announced its partnership with UnionPay International in order to optmise cross-border payments for their customers and clients.

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.