Wed.Sep 28, 2022

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Busting the myths on FedNow

Payments Dive

Jessica Cheney, a vice president at Bottomline Technologies, aims to dispel myths about the meaning and impact of the coming Federal Reserve instant payment system.

System 395
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What is the metaverse and why should you care now?

Accenture

I’ve been hearing a lot about the metaverse and how it’s going to shake up all sorts of markets, and I began to wonder what it will mean for the auto and equipment finance sector. Here in the US, the Today Show recently brought the metaverse to life in a segment every day for a…. The post What is the metaverse and why should you care now? appeared first on Accenture Banking Blog.

US 324
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Shopify adds mobile POS hardware

Payments Dive

Pushing further into brick-and-mortar shopping, the commerce company faces competition from other point-of-sale providers as the volume of POS transactions is expected to rise.

Mobile 221
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How construction loan administration can help you

Abrigo

Construction loan administration Find out how today's technology has changed the shape of construction loan administration, creating a better customer experience and reducing risk. You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH. Takeaway 1 Construction loan administration can be tedious and complex.

Lending 195
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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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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FleetCor taps insider interim after CFO resigns

Payments Dive

The Atlanta-based payments company said Charles Freund, its CFO since September 2020, is resigning to become CFO of an unidentified private-equity backed software company.

Atlanta 221

More Trending

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PNC buys restaurant point-of-sale firm Linga

Payments Dive

The Pittsburgh-based bank is boosting its payments footprint as banks from Banc of California to JPMorgan Chase are making similar large investments.

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Delivering a first-class omnichannel banking experience

ATM Marketplace

Banks have struggled to create omnichannel experiences. A panel entitled "Delivering an effective omnichannel experience to boost the customer's experience" addressed the topic at the Bank Customer Experience Summit, held in Chicago from Aug. 31 to Sept. 1.

Chicago 101
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Uber Eats integrates with Toast, Clover

Payments Dive

The integrations will allow Uber Eats’ restaurant partners to onboard with both their POS provider and the delivery company much faster.

Company 221
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Bank of America launches biometric sign-in for CashPro

BankInovation

Bank of America on Monday announced the launch of QR and biometrics sign-in capabilities through its CashPro app, enhancing the identification and authentication process for its users. CashPro, which allows businesses to access their payments, cash management and trade finance operations, had more than 44,000 password reset requests come through its customer service team in […].

America 52
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The State of Automation in Financial Services 2024 Report

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

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DoorDash teams with Chase, Mastercard on credit card

Payments Dive

Co-branded cards have been proven to increase customer frequency, which could also deepen loyalty.

Cards 221
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3 takeaways from BAS Fall 2022

BankInovation

Executives from tech-forward financial institutions at Bank Automation Summit Fall 2022 last week addressed the industry’s evolving technology environment, including moves to the cloud, strategies to reuse code and leveraging data to improve overall client and employee experience. Some key takeaways from the event: Cloud compliance is a journey Regulators and banks in overwhelming numbers […].

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Samsung, Visa, and Axis Bank launch credit cards

The Paypers

Samsung has partnered with the India-based Axis Bank and global payments processor Visa to launch Samsung Axis Bank Credit Cards in India.

Samsung 68
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Regtech SteelEye eyes US expansion

BankInovation

Fresh off a $21 million funding round, London-based regulatory technology provider SteelEye is expanding into the U.S. as it anticipates increased demand for compliance technology amid heightened scrutiny from lawmakers. SteelEye’s series B on Sept. 8 marks the largest raise by a European regtech firm in 2022. The company has raised a total of $43 […].

US 52
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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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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Softera integrates Nordigen's Open Banking API connections

The Paypers

Softera , a business management software, has integrated Nordigen ’s Open Banking API connections into Microsoft Dynamics 365 Business Central ERP system.

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Santander Consumer Replaced 70% of Their Legacy Systems and Got 90% of Partners to Adopt Digital Onboarding

BankInovation

Banco Santander Consumer Portugal selected OutSystems to power its ambitious digital transformation program in 2017. Working with OutSystems partner KPMG, the bank had replaced 70% of its core systems by the beginning of 2020. With a new agile IT architecture, the bank is now able to innovate at speed, to launch new channels and solutions […].

System 52
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eToro, OpenPayd launch embedded finance solution in Europe

The Paypers

UK-based eToro , the social investment platform, has announced a partnership with Banking-as-a-Service infrastructure provider OpenPayd to power eToro Money accounts throughout Europe.

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Powell: Stablecoin regulation belongs to the Fed

American Banker

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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Belvo to operate as Payment Transaction Initiator in Brazil

The Paypers

Central Bank of Brazil (Bacen) has authorised Belvo , an Open Finance platform, to operate as a Payment Transaction Initiator (ITP) in Brazil.

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State Street hires New York Life executive to run asset management unit

American Banker

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Tribe Payments partners Paytend to upgrade its product offering

The Paypers

Payment technology company Tribe Payments has partnered with digital bank Paytend in order to provide it with both issuer and acquirer processing services.

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SECU, Affinity FCU to partner with prominent home-state athletic programs

American Banker

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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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.

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BR-DGE, Vyne to optimise consumer payment experience

The Paypers

BR-DGE , a payment orchestration provider, has partnered with Vyne , an account-to-account (A2A) payments platform, to optimise consumer experience.

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Provident Financial expanding in New Jersey with $1.3 billion deal

American Banker

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PayU research: US demand not met domestically

The Paypers

Online payment service provider operating in 50 emerging markets, PayU , has recently released its latest survey on the US customers, focusing on driving cross-border payments adoption in the country.

US 36
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With Chase's DoorDash card deal, Mastercard chips away at Visa's edge

American Banker

Cards 68
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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.