Affirm gains, Klarna slips in Q3
Payments Dive
OCTOBER 14, 2022
As buy now-pay later providers vie for holiday shoppers, Affirm's third-quarter market share increase showed it's gaining as Klarna's growth stalled.
Fri.Oct 14, 2022
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Best practices for credit risk management in uncertain times
Abrigo
OCTOBER 14, 2022
Fortify your credit risk management framework How to prepare your organization for scrutiny of its credit risk management practices during your next exam or review. . You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." DOWNLOAD. Takeaway 1 Loan modifications training, automating processes, and updating policies and procedures can help prepare organizations for change.
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Warren roasts Wells Fargo’s ‘severely bad performance’ on Zelle fraud
Payments Dive
OCTOBER 14, 2022
Four of the seven banks that own Zelle reported data to the senator, but she focused her attention on Wells CEO Charlie Scharf in a letter Thursday.
Webinar analyzes findings of 2022 ATM and self-service software trends report
ATM Marketplace
OCTOBER 14, 2022
As banks have had to make adjustments in light of COVID-19 and customer expectations, they have had to rely more, not less, on self-service channels, including ATMs. A webinar sponsored by KAL ATM Software analyzed findings of the 2022 ATM and self-service software trends report on how the ATM industry is evolving.
Digital Transformation: Accelerating ROI and Growth in Commercial Lending
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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
Visa seeks to draw creators in
Payments Dive
OCTOBER 14, 2022
The card behemoth is partnering with other fintechs in an effort to sell creators embedded payment and financial tools.
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JPMorgan Chase bumps up tech spend
BankInovation
OCTOBER 14, 2022
JPMorgan Chase Bank increased its technology spend in the third quarter as the bank continued its investment in artificial intelligence (AI) to help mitigate risk and potential losses in the face of economic uneasiness. “There are a lot of uncertainties today,” Chief Executive Jamie Dimon said today during the bank’s Q3 earnings call. Although the […].
BNY Mellon facilitates payment transaction between Egypt and China
The Paypers
OCTOBER 14, 2022
BNY Mellon has facilitated one of the first fully transparent payment transaction between Egypt and China.
US Bank drives tech-led partnerships in Q3
BankInovation
OCTOBER 14, 2022
U.S. Bank more than doubled the number of its tech-led partnerships in the third quarter. “Through the third quarter, new tech-led partnerships year to date were 2.5 times the number of new partnerships we had acquired in the entire year of 2019, and these partnerships are continuing to grow,” said Terry Dolan, vice chair and […].
Tencent's WeChat launches palm print enabled payment mini programme
The Paypers
OCTOBER 14, 2022
Tencent ’s China-based social media platform WeChat has launched a mini-programme that enables palm print payments.
The State of Automation in Financial Services 2024 Report
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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
Wells Fargo continues digital focus in Q3
BankInovation
OCTOBER 14, 2022
Wells Fargo invested in new platforms, digital capabilities and product launches as its technology spend grew in the third quarter. The $1.9 trillion bank’s technology, telecommunication and equipment expenses grew 8% year over year to $798 million, remaining relatively flat sequentially, according to the bank’s earnings supplement. The YoY increase in the bank’s technology spend […].
Finom expands its EMI offerings via Open Banking from Salt Edge
The Paypers
OCTOBER 14, 2022
Netherlands-based B2B fintech platform Finom has started collaborating with Salt Edge to leverage PSD2 possibilities for SMEs and professionals across Europe.
Blogs | Commercial Lending USA Blogs | Page 4
Commercial Lending USA
OCTOBER 14, 2022
Blogs | Commercial Lending USA Blogs | Page 4.
Remitly brings Visa Direct platform access to users in Canada
The Paypers
OCTOBER 14, 2022
US-based remittance processor Remitly has announced that its Canadian customers will have access to Visa’s real-time payments platform, Visa Direct.
Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance
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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.
Blogs | Commercial Lending USA Blogs | Page 3
Commercial Lending USA
OCTOBER 14, 2022
Blogs | Commercial Lending USA Blogs | Page 3.
Clik2pay launches Clik2pay Partner Programme
The Paypers
OCTOBER 14, 2022
Canada-based payment service provider Clik2pay has launched a Partner Programme to enable organisations to provide the Clik2pay direct-from-account payment service to their clients.
Clik2pay launches Click2pay Partner Programme
The Paypers
OCTOBER 14, 2022
Canada-based payment service provider Click2pay has launched a Partner Programme to enable organisations to provide the Click2pay direct-from-account payment service to their clients.
Register Now: Sneak Peek Into Close Automation SkyStem Web Demo
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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.
Revolut is working to replicate its European payments empire in the U.S.
American Banker
OCTOBER 14, 2022
BlueSnap partners BitPay, offering crypto payments
The Paypers
OCTOBER 14, 2022
Payment orchestration platform BlueSnap has announced a new partnership with BitPay , a provider of Bitcoin and cryptocurrency payment services, thus offering crypto payments to its clients.
GASA study: USD 55.3 bln lost in scams worldwide
The Paypers
OCTOBER 14, 2022
The Global Anti-Scam Alliance (GASA) has launched its latest Global State of Scams 2022 Report , in collaboration with ScamAdviser , stating that scams increased by 10.2% in the past year, reaching 293 million reports.
Top 10 Benefits of Automating Loan Modifications for Commercial Lenders
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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.
Revolut launches new service in Ireland
The Paypers
OCTOBER 14, 2022
Revolut has launched a new service called ‘Shops’ which lets Irish users buy products from more than 1,000 brands, while also earning cashback.
JPMorgan warns of headwinds for lower-income consumers, small businesses
American Banker
OCTOBER 14, 2022
Target online shop to accept SNAP payment option
The Paypers
OCTOBER 14, 2022
US-based retailer giant Target has announced that its online shop and mobile app now accept the Supplemental Nutrition Assistance Program (SNAP) benefits.
2024 Lending Outlook: Innovations and Evolutions in the Financial Sector
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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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