Amex’s Squeri gets $15M in stock options
Payments Dive
NOVEMBER 4, 2022
The special grant to American Express CEO Steve Squeri reflects “his outstanding leadership” at the company, Amex said in a regulatory filing.
Payments Dive
NOVEMBER 4, 2022
The special grant to American Express CEO Steve Squeri reflects “his outstanding leadership” at the company, Amex said in a regulatory filing.
ATM Marketplace
NOVEMBER 4, 2022
Whether fair or unfair, the banking world often has the reputation of being slow to change or follow trends in other industries. Despite this reputation, the banking world is beginning to change, particularly in the area of branches.
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Payments Dive
NOVEMBER 4, 2022
The digital payments company plans to slow the pace of hiring in 2023 as executives aim to rein in expenses.
CFPB Monitor
NOVEMBER 4, 2022
The Federal Housing Finance Agency (FHFA) addresses appraisal bias reflected in the recently released Uniform Appraisal Dataset (UAD) Aggregate Statistics Data File and Dashboard. The UAD information is derived from more than 47 million appraisals conducted between 2013 and June 30, 2022. As the name suggests, the UAD standardizes various data elements regarding an appraisal.
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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
Payments Dive
NOVEMBER 4, 2022
The digital payment pioneer is counting on its ties to Apple and Amazon as it prepares for an economic slowdown already showing up in e-commerce.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Jack Henry
NOVEMBER 4, 2022
“I thought we were going to get in trouble for having too much fun. We were loud, we were boisterous. We had a blast. We really did.” - Gayle Hargis, IT Business Analyst at Neighborhood Credit Union.
The Paypers
NOVEMBER 4, 2022
Lithuania-based fintech Paysera has partnered with Airwallex to enable its clients to send money to 149 countries and 9 countries’ open IBAN accounts.
CB Insights
NOVEMBER 4, 2022
Founded in 1869 , Goldman Sachs has established itself as one of the world’s largest investment banks and is a major force in the global financial markets. But the firm is now looking to expand far beyond its traditional business lines, such as investment banking and asset management. For example, it recently launched a digital consumer bank called Marcus and partnered with Apple to launch a credit card.
ABA Community Banking
NOVEMBER 4, 2022
More banks are turning again to wholesale funding and hedging to limit volatility in their liabilities. The post Rising rates fuel banks’ return to FHLB advances and hedging strategies appeared first on ABA Banking Journal.
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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
CB Insights
NOVEMBER 4, 2022
The future of investing will be built around key technologies such as: Alternative investing platforms that open access to non-traditional assets like private equity, real estate, art, and crypto for retail investors and their advisors. ESG powered by AI that gives retail and institutional investors more complete and accurate assessments of investments’ environmental and social impacts.
ATM Marketplace
NOVEMBER 4, 2022
Hercules AI minimizes ATM downtime by automatically fixing over 1,800 common PIN pad, bill dispenser, card reader and software related issues.
BankInovation
NOVEMBER 4, 2022
U.S. Bank embedded its payment capabilities into enterprise resource planning (ERP) solution Microsoft Dynamics 365 this week, giving Microsoft business clients access to digital payment tools. “Embedded payments can deliver powerful new ways for businesses to streamline processes, enhance visibility, deliver better experience and reduce risk,” Bill Borden, corporate vice president of worldwide financial services […].
The Paypers
NOVEMBER 4, 2022
Alibaba has rolled out Daraz Flex, an outsourcing platform allowing users to earn money by completing tasks such as working as a last-mile delivery person or warehouse assistant.
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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.
The Paypers
NOVEMBER 4, 2022
The Global Legal Entity Identifier Foundation (GLEIF) has collaborated with Sociovestix Labs to create a machine learning tool that recognizes an entity’s specific legal form and automates the assignment of its corresponding Entity Legal Form (ELF) code.
American Banker
NOVEMBER 4, 2022
The Paypers
NOVEMBER 4, 2022
Germany-based investment platform WIWIN has announced developing a sustainable evaluation system "WIWIN Impact Scoring" for crowd-investing projects.
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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.
American Banker
NOVEMBER 4, 2022
The Paypers
NOVEMBER 4, 2022
Banco do Brasil (Central Bank of Brazil, BB) has announced that its customers can make transfers via PIX from other financial institutions to BB's account through the bank's WhatsApp channel, according to Broadcast.
The Paypers
NOVEMBER 4, 2022
Singapore-based digital wholesale bank ANEXT Bank has unveiled its initiative to drive further industry collaboration to enable inclusive financing for SMEs.
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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.
The Paypers
NOVEMBER 4, 2022
The Hong Kong Monetary Authority (HKMA) has announced the official launch of the Commercial Data Interchange (CDI), according to an official press release.
American Banker
NOVEMBER 4, 2022
The Paypers
NOVEMBER 4, 2022
Belgium-based company Greenomy has announced partnering with Germany-based solution provider of credit reporting and information services SCHUFA.
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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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