Billtrust appoints new CEO
Payments Dive
DECEMBER 20, 2022
The payments processing software company tapped Sunil Rajasekar for the top post as it moves forward under new ownership.
Payments Dive
DECEMBER 20, 2022
The payments processing software company tapped Sunil Rajasekar for the top post as it moves forward under new ownership.
ATM Marketplace
DECEMBER 20, 2022
For the third straight year, the Self-Service Innovation Awards honored the products that earned top honors for self service excellence during the Self-Service Innovation Summit.
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BankInovation
DECEMBER 20, 2022
Banks and credit unions will invest in their customer and member engagement offerings in 2023 as more clients desire relationship banking. Financial institutions (FIs) plan to invest in digital improvements, physical branch support, contact center technology, marketing, operations and loan technology, according to the report “ENGAGE 2023: Customer Engagement in Banking: Annual Trends Report” released […].
TheGuardian
DECEMBER 20, 2022
Barclays, HSBC, Lloyds, Nationwide, NatWest and Santander to offer mortgages on medium and high-rise properties from January Six of the UK’s largest banks will start lending on medium and high-rise flats with cladding from January, in a move that could help thousands of people stuck in properties they have not been able to sell or remortgage. Lenders including Barclays, HSBC, Lloyds, Nationwide Building Society, NatWest and Santander, said they would consider fresh mortgage applications from 9 J
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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
Banking Exchange
DECEMBER 20, 2022
The new policy will take place as of January 2023 and is projected to save about 150,000 kilowatt hours Management Feature Human Resources Duties Feature3 Climate Crisis Covid19.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
ABA Community Banking
DECEMBER 20, 2022
What's on the banking industry's policy radar for 2023? ABA's Government Relations Council recently met in Washington, D.C., and GRC Chair Cathy Owen recaps the topics of consideration as the association prepares its banker-led Blueprint for Growth for the coming year. The post Podcast: What’s on banks’ policy agenda for 2023? appeared first on ABA Banking Journal.
TheGuardian
DECEMBER 20, 2022
FCA penalises bank after millions of customers were locked out of their accounts for weeks City regulators have fined TSB £48m for “widespread and serious” failings related to the IT meltdown in 2018 that left millions of banking customers locked out of their accounts for weeks. The long-awaited fine is expected to draw a line under the scandal, which tarnished the challenger bank’s reputation and forced its chief executive to step down within months of the botched move to a new IT platform.
The Paypers
DECEMBER 20, 2022
The Reserve Bank of India has launched CBDC pilots in the wholesale and the retail segment, with the retail one including blockchain-based components.
BankInovation
DECEMBER 20, 2022
Michael Lehmbeck, chief technology officer at BankUnited, will join the panel discussion “At the core: strategies for addressing legacy core systems” at the Bank Automation Summit U.S. 2023 on Thursday, March 2 at 2:15 p.m. ET. The Summit will take place March 2-3 at the Westin Charlotte in Charlotte, N.C., and brings together U.S.-based industry […].
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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
FICO
DECEMBER 20, 2022
Home. Blog. FICO. 5 Ways Digital Payments Will Change FIs and Fraud in 2023. New digital payments channels and methods will grow next year, giving new opportunities for fraudsters and scammers. FICO Admin. Tue, 07/02/2019 - 02:45. by TJ Horan. Vice President, Product Management. expand_less Back To Top. Tue, 12/20/2022 - 10:20. As I look back on 2022, I’m reluctant to lean too far into predictions for 2023.
BankInovation
DECEMBER 20, 2022
Small- and medium-sized businesses (SMBs) must navigate several challenges during their first years in business. Understanding the needs of SMBs is critical, as more than 50% of small businesses fold within the first five years, according to the Bureau of Labor Statistics. Banks that create strategies to help support SMBs can become an integral part […].
The Paypers
DECEMBER 20, 2022
The Open Banking Implementation Entity (OBIE) , creator of the software standards connecting banks and fintechs in the UK, has announced it will transition into a new entity and regulatory framework in 2023.
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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
DECEMBER 20, 2022
Information and insights company TransUnion has partnered Fiinu Bank to enable its overdraft solution with TransUnion’s Open Banking capabilities and credit reference data.
American Banker
DECEMBER 20, 2022
The Paypers
DECEMBER 20, 2022
US-based smart debit card provider Wedge has partnered with B2B financial marketplace Fiserv to access the latter’s real-time fintech ledger and debit issuing capabilities.
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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.
The Paypers
DECEMBER 20, 2022
US-based bank J.P. Morgan has acquired 48.5 percent of Greece-based fintech startup Viva Wallet for USD 800+ million after a lengthy procedure which lasted months, according to Greek Reporter.
The Paypers
DECEMBER 20, 2022
Open Finance platform Powens has announced that it expanded its solutions in Portugal and have also significantly expanded the company’s coverage in the UK and Germany.
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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
DECEMBER 20, 2022
LHV UK has started issuing small and medium enterprise (SME) loans as the Financial Conduct Authority (FCA) approved the company's Annex I financial institution registration.
American Banker
DECEMBER 20, 2022
The Paypers
DECEMBER 20, 2022
Direct bank payment solutions provider GoCardless has gone live with PayTo in Australia, the national account-to-account (A2A) payment network set to replace Direct Debit.
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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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