Thu.Nov 10, 2022

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Marqeta lands new client, faces questions on Block

Payments Dive

While the company said this week that it won new business from a fintech backed by Walmart, it also faced questions over contract renewals for its biggest customer, Block.

Fintech 221
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The Secret Genius of Modern Life review – irresistibly contagious TV

TheGuardian

Prof Hannah Fry is a joy, and will make you deeply excited about the weirdest things – like the magnetic strip on the back of your bank card Prof Hannah Fry brings her irresistible enthusiasm to the BBC for The Secret Genius of Modern Life ( BBC Two ), a documentary series about the seemingly simple everyday objects or ideas that we tend to take for granted, and how clever they really are.

Fresno 97
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A CBDC could make cross-border payments faster, safer: NY Fed

Payments Dive

Researchers designed a prototype digital currency and blockchain and simulated foreign exchange spot transactions that cleared within 10 seconds, but they said the study doesn’t endorse a CBDC or assume the Fed will issue one.

Study 195
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This week’s podcast episode: Electronic contracting: the new Restatement of Consumer Contracts and other emerging regulatory and litigation issues, with special guest Florence Marotta-Wurgler, Professor, New York University Law School, and Restatement Co-Reporter

CFPB Monitor

E-commerce and electronic contracting are more important than ever as we move into the post-COVID 19 era. We first review legal requirements for electronic contracting and disclosures including the E-SIGN Act, state Uniform Electronic Transactions Acts, FTC guidance on delivery of disclosures and comments on use of “dark patterns,” and DOJ comments on website accessibility.

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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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Alternatives To Construction Loans Definitive Guide

Commercial Lending USA

Looking for a way to avoid being put through the financial stress of a construction project? Look no further than Alternatives to Construction Loans!

Lending 78

More Trending

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Customers dictate customer experience — not the other way around

BankInovation

Banking customers want the most direct path to their money, and they want it now. But what happens when a customer can’t get the immediate answers they need on the communications channels they prefer? The truth is, in today’s world, customers want to engage with banks on their own terms, not the other way around. […].

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Prioritizing 6 blockchain & crypto technologies transforming payments

CB Insights

The crypto market crashed multiple times in 2022, but that hasn’t stopped the biggest payments companies in the world from investing resources in blockchain and crypto solutions. GET THE LIST OF BLOCKCHAIN 50 COMPANIES The Blockchain 50 is our annual ranking of the 50 most promising companies within the blockchain ecosystem. hbspt.forms.create({ onFormReady: function ($form) { window.ClearbitForHubspot.addForm($form); }, region: “na1”, portalId: “763793”, formId: &#

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Petrus urges Temenos top duo to exit, wants strategic review

BankInovation

Activist investor Petrus Advisers is amping up the pressure on banking software maker Temenos AG, calling on the chairman and chief executive officer to resign and the rest of the supervisory board to start a strategic review including a potential sale. Max Chuard “is far out of his depth in a CEO role and should […].

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Microsoft, Google, IBM pitch banks on confidential computing

American Banker

Google 83
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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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Movers and Shakers: FIS names new CEO

BankInovation

Core provider FIS selected President Stephanie Ferris as its chief executive, effective Jan. 1, 2023. In addition to her new title, Ferris was also appointed to the FIS Board of Directors. Ferris, who has been with the company since 2019, led the integration of Worldpay into FIS and was instrumental in the company’s global growth, […].

Company 52
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BECU names Beverly Anderson president and CEO

American Banker

69
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Arizona voters approve new limits on consumer debt collection

American Banker

Arizona 69
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First Republic again projects lower margins as deposits get costlier

American Banker

Lending 69
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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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How credit unions can use data to reach the underserved

American Banker

Data 69
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With banking regulators on the sidelines, Congress eyes crypto legislation following FTX implosion

American Banker

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North Dakota credit union brings in its next CEO from California

American Banker

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Small Midwest banks to combine in face of competition from bigger rivals

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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Episcopal Diocese of New York receives federal credit union charter

American Banker

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U.S. regulators propose strengthening oversight of Treasury market

American Banker

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CI Financial to split U.S., Canada units with debt concerns rising

American Banker

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Ex-Goldman banker arrested over alleged Ghana bribery scheme

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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Twitter buyout loans get bid at 60 cents as banks sound out investors

American Banker

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U.S. Justice Department looking into FTX turmoil amid SEC probe

American Banker

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CFPB cites fraud as No. 1 crypto complaint, signaling trouble ahead

American Banker

Fraud 36
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Interest rate risk, Treasury liquidity top Fed's supervisory priorities for 2023

American Banker

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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.