Payments Dive

JULY 7, 2022

Restaurant software company Toast has added to its menu of tools for clients by acquiring Sling, which helps food establishments manage worker scheduling and communication.

Software 195

Software Tools Management Company 195

CFPB Monitor

JULY 7, 2022

Four leading trade groups are calling on the CFPB to rescind the recent updates to the UDAAP section of its Supervision and Examination Manual that instruct examiners to consider discrimination in connection with non-credit products and services as an unfair act or practice. The four groups are the American Bankers Association, the Consumer Bankers, the Independent Community Bankers of America, and the U.S.

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Groups West Virginia Policies Virginia 145

SWBC's LenderHub

JULY 7, 2022

There are a lot of acronyms in the world of marketing, and one that often gets tossed around is “SEO.” SEO stands for search engine optimization, and it’s one of those marketing terms that everyone knows is really important, but they aren’t really sure why or how to achieve it.

Marketing 88

Marketing How To 88

TheGuardian

JULY 7, 2022

Imbalance between supply and demand continues to drive up prices despite cost of living crisis House prices in the UK rose at the fastest annual rate in 18 years last month as demand – especially for larger homes – continued to outstrip the number of properties on the market. Halifax, one of the country’s biggest mortgage lenders and part of Lloyds Banking Group, said the market “defied any expectations of a slowdown”, with prices rising year on year in June by 13%, the highest since late 2004.

Groups 99

Groups Marketing 99

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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

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BankInovation

JULY 7, 2022

The $1 billion Cogent Bank recently integrated blockchain-based, real-time payment platform TassatPay to provide its business-to-business (B2B) clients with 24/7 instant payment options. “Every part of the economy operates around the clock, there’s no reason why B2B payments shouldn’t,” Tassat Group Chief Executive Kevin Greene tells Bank Automation News in this episode of “The Buzz” […].

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Payments blockchain Groups Operations 98

Bobsguide

JULY 7, 2022

Dutch bank selects Finastra to future-proof its payments with a modern and functionally rich solution. London, UK – June 23 2022 – Finastra today announced that Rabobank – a large international financial services group headquartered in the Netherlands – has selected the latest version of Fusion Global PAYPlus for increased efficiency and innovation in payments.

Payments 68

Payments Innovation Compliance Lending 68

The Paypers

JULY 7, 2022

A research conducted by Temenos has shown that, in the last 12 months, three in five Brits have used embedded finance services as part of the checkout process when shopping online.

Study 69

Study Online 69

Bobsguide

JULY 7, 2022

Financial institutions and retail brands gain a new embedded finance platform to help consumers access regulated loans at point-of-sale, powered by Banking as a Service. Lake Mary, FL, US – June 30, 2022 – Finastra today unveiled its embedded consumer lending solution, enabling access to traditional regulated lending options for consumers at point-of-sale (POS).

Lending 68

Lending Seattle Regulation US 68

Bussman Advisory

JULY 7, 2022

FinTech Ecosystem Insights by Bussmann Advisory is our weekly newsletter with over 40’000 subscribers across different social media channels, summarizing relevant news and reports related to ecosystems around disruptive technologies, highlighting key updates from the industry as well as our portfolio companies: Meta to shutter Novi crypto wallet in September, ending Libra saga Klarna valuation free-falls from $46.1B to just $6.5B McKinsey Report: Metaverse to generate up to US$5 Trillion i

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US social media Fintech blockchain 52

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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

Report

BankInovation

JULY 7, 2022

Reliability in financial systems, and ergo financial products and apps, is essential to delivering the user experiences and reliability needed for commercial success. If we look at this underlying technology that is hidden away from the end user’s interactions, it’s a critical factor in enabling growth and gaining a competitive advantage. I will outline four […].

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System User Experience Fintech Technology 52

CB Insights

JULY 7, 2022

Global fintech funding in Q2’22 saw $20.4B raised across 1,225 deals — the lowest amount of quarterly funding and deals since Q4’20. The US accounted for 42% of total funding, with some of the biggest deals going to companies like Velocity Global , Circle , and Remote. Other Q2’22 highlights across the fintech ecosystem include: The fintech unicorn count hit 297 in Q2’22 — a modest rise of almost 6.5% QoQ.

Fintech 50

Fintech Report US Trends 50

BankInovation

JULY 7, 2022

Credit default swaps are hard enough to figure out. Shadow lenders and their repackaging of cash flows from loans into securities come with their own complexities. And cryptocurrencies, well, they can be as mind-bending as anything financial alchemists have ever dreamed up. A new product combines all three into one. It’s from fintech company Percent Technologies and Anzen, a new […].

Lending 52

Lending Marketing cryptocurrency Fintech 52

The Paypers

JULY 7, 2022

US-based ecommerce software company BigCommerce has broadened its presence into Denmark, Norway, Sweden, and Austria, enabling merchants to scale their businesses.

Software 53

Software US Company 53

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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.

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American Banker

JULY 7, 2022

Policies 85

Policies Compliance Regulation 85

The Paypers

JULY 7, 2022

A Kenyan High Court has frozen 56 bank accounts belonging to Flutterwave and other businesses connected with Nigerian nationals over money laundering allegations.

National 41

National 41

American Banker

JULY 7, 2022

Company 78

Company Report Compliance Regulation 78

The Paypers

JULY 7, 2022

Pelvo , a Sweden-based, B2B startup, has announced their new partnership with Yapily and Klarna Kosma.

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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.

US

American Banker

JULY 7, 2022

Community Bank 74

Community Bank Community 74

The Paypers

JULY 7, 2022

Iceland-based Lucinity has announced the closing of a USD 17 million Series B investment round to deliver user-centric compliance systems augmented by artificial intelligence (AI).

Compliance 31

Compliance System 31

American Banker

JULY 7, 2022

Policies 74

Policies Compliance Regulation 74

The Paypers

JULY 7, 2022

Private investment platform Seedrs has partnered with cloud-native payment technology provider Form3 and banking services provider LHV UK to enable it to access UK Faster Payments and SEPA Instant Payments in Europe, to augment its customer offering, according to Fintech Finance.

Payments 31

Payments Fintech Technology 31

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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.

Compliance

American Banker

JULY 7, 2022

Tools 74

Tools Management Technology 74

The Paypers

JULY 7, 2022

Russian online bank Tinkoff has suspended outgoing SWIFT transfers in foreign currencies until October 2022, after it had struggled with such transactions due to restrictions on Russia's banks.

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Online 31

American Banker

JULY 7, 2022

Industry 73

Industry Management 73

The Paypers

JULY 7, 2022

Australia-based Monoova has merged with Moneytech to enable businesses to consolidate domestic and international payment processes.

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Payments 37

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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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