North American cashless payments to climb 7% by 2028: report
Payments Dive
SEPTEMBER 12, 2024
Real-time payments and open banking will drive the increase, forcing the shift even faster globally, a Capgemini report released this week said.
Payments Dive
SEPTEMBER 12, 2024
Real-time payments and open banking will drive the increase, forcing the shift even faster globally, a Capgemini report released this week said.
South State Correspondent
SEPTEMBER 12, 2024
As a general statement, banks offer too many options for certificates of deposits (CDs). Consider that the average bank offers 12 different maturities, some “specials,” plus several different tiers of pricing within each maturity. We have seen banks with as many as 42 different CD options which is inefficient for every party. The problem is too many CD offerings can increase a bank’s cost, confuse customers, confuse employees and, worst of all – damage its overall deposit performance.
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Payments Dive
SEPTEMBER 12, 2024
The acquisition is the latest in a series of cybersecurity firm purchases by the card network over the years.
TheGuardian
SEPTEMBER 12, 2024
Worst net closures so far this year are on high streets, while retail parks and shopping centres fair better A wave of closures by chemist, pub and bank chains led to almost 2,300 more empty stores on high streets, shopping centres and retail parks in Great Britain in the first half of this year, according to new research. Chain stores were shuttered at a net rate of 12 a day, with the three services accounting for half of those closures, according to a survey by Green Street for the advisory fi
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Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be
Payments Dive
SEPTEMBER 12, 2024
The payments software provider is making “immediate bets” on the Brazil and Mexico markets, a company executive said.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
ABA Community Banking
SEPTEMBER 12, 2024
Fraud is front and center for America's banks. Paul Benda and Peter Cook discuss several recent initiatives taken by ABA to help banks tackle fraud. The post Podcast: More tools to tackle check fraud appeared first on ABA Banking Journal.
BankInovation
SEPTEMBER 12, 2024
AI coupled with an open banking framework provides better access to credit for consumers. The technology presents an opportunity for consumers with limited credit to obtain loans and make payments, Ben Soccorsy, head of data access and business development at Mastercard, said this week during the Finovate Fall event in New York City. By combining […] The post AI, open banking to boost consumer credit access appeared first on Bank Automation News.
American Banker
SEPTEMBER 12, 2024
Executives at the super-regional bank told investors that years of investments are poised to start paying off in rising profits, but the market seemed skeptical about the company's plan forward.
TheGuardian
SEPTEMBER 12, 2024
Chancellor says revision of how much lenders must set aside to cope with future crises will bolster growth Business live – latest updates UK politics live – latest updates The Bank of England has watered down new capital rules meant to shock-proof the banking system from another 2008-style crash, in a move the Labour government says will bolster its economic growth plans.
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Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.
American Banker
SEPTEMBER 12, 2024
The penalty by the Office of the Comptroller of the Currency is a major setback for the San Francisco bank, which was freed from a separate anti-money-laundering order in 2021. Its stock price fell sharply after the news broke.
The Paypers
SEPTEMBER 12, 2024
ConnectID has grown its network by joining forces with Lendela , a digital loan matching platform, to boost the security and efficiency of loan applications for consumers in Australia.
American Banker
SEPTEMBER 12, 2024
Executives from JPMorgan Chase, TD, U.S. Bank, M&T and other banks will gather to discuss how they serve small business clients, what those customers want now, and what they expect in 2025 and beyond.
The Paypers
SEPTEMBER 12, 2024
Global fintech company Ebury has announced its partnership with Salt Edge in order to expand its Open Baking presence in the regions of the EU and the UK.
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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.
American Banker
SEPTEMBER 12, 2024
The law that created the Consumer Financial Protection Bureau stipulates that the agency must be funded by the central bank's earnings. But, the Fed has been losing money for two years. Therefore, its payments to the agency are not legal.
The Paypers
SEPTEMBER 12, 2024
Walmart Marketplace has partnered with US-based fintech startup Parafin to provide sellers with capital through the Walmart Marketplace Capital programme.
Bussman Advisory
SEPTEMBER 12, 2024
This week’s must-know stories in the FinTech, AI and Digital Asset space. The latest edition of the FinTech Ecosystem Newsletter is here: Image credits: shutterstock.com The post Mastercard’s $2.65B Deal for Recorded Future | Apple’s €13B EU Tax Bill | UAE Launches Digital Exchange Finstreet appeared first on Bussmann Advisory AG.
The Paypers
SEPTEMBER 12, 2024
Silverflow has entered into a new partnership with Chesapeake Bank , aiming to offer Chesapeake Bank's ISO clients a modern, high-performance payment processing system.
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Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w
ABA Community Banking
SEPTEMBER 12, 2024
ABA announced the winners of its 2024 ABA Diversity, Equity and Inclusion Awards, which recognize member banks for their internal-facing programs, leadership and activities focused on improving DEI within their workplace. The post ABA announces 2024 Diversity, Equity and Inclusion Award winners appeared first on ABA Banking Journal.
The Paypers
SEPTEMBER 12, 2024
Intergiro , a provider of Banking-as-a-Service, has announced the launch of its no-code white-label app platform, designed for creating custom banking apps.
TheGuardian
SEPTEMBER 12, 2024
Nik Storonsky reportedly sold 40-60% of the stock offloaded in August secondary share sale The founder of Revolut, one of the most valuable technology companies in Europe, has reportedly sold shares worth up to $300m (£230m) in the company. Nik Storonsky, chief executive of Revolut, sold 40-60% of the stock offloaded in last month’s secondary share sale.
The Paypers
SEPTEMBER 12, 2024
Spain-based Telefónica Tech , the digital business unit of telecom unit Telefónica Group , has joined Privado ID to pioneer eIDAS2-compliant digital identity solutions.
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Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se
American Banker
SEPTEMBER 12, 2024
The Treasury Department's chief AI officer said artificial intelligence can relieve the burden of mind-numbing activities such as anomaly detection and can spur employees to think more creatively.
The Paypers
SEPTEMBER 12, 2024
UK-based payments platform Volt has launched VX2, a stablecoin settlement solution that integrates with Volt’s real-time payments infrastructure.
American Banker
SEPTEMBER 12, 2024
The South Carolina-based bank considers itself a buyer, but has put the 17 months since announcing its last acquisition to good use, reassessing multiple business lines and upgrading technology.
The Paypers
SEPTEMBER 12, 2024
Fincra , a payment company, has obtained an International Money Transfer Operator (IMTO) licence from the Central Bank of Nigeria (CBN).
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Discover the key benefits of portfolio loans and learn how to streamline your lending process with our infographic, "5 Things Lenders Need to Know About Portfolio Loans & Their Documentation." Find out how portfolio loans can maximize borrower potential by consolidating multiple properties under a single loan, reducing paperwork, and lowering closing costs.
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