Payments Dive

JANUARY 6, 2023

The ACH system has proven to be scalable, secure, ubiquitous and reliable, but complaints about processing times persist, writes Sila CEO Shamir Karkal.

System 459

System Security 459

Abrigo

JANUARY 6, 2023

Check deposit fraud using “walkers” Financial institutions are seeing increased money mule scams using recruited "customers" to deposit stolen checks. You might also like this list of the year's top resources for FinCrime professionals. READ. Takeaway 1 Check fraud is not a new trend, but increased activity should put banks on high alert. Takeaway 2 "Walkers" are used to perpetrate check fraud in person without raising red flags at the bank.

Fraud 195

Fraud Regulation Training Operations 195

ATM Marketplace

JANUARY 6, 2023

In 2022 ATM Marketplace hosted a vast array of blogs that examined every aspect of the industry, from the advantage of cash to advances in biometrics.

ATM 108

ATM Industry 108

Banking Exchange

JANUARY 6, 2023

Regulators have started 2023 with warnings surrounding investment in crypto for banks Risk Management Feature Feature3 Blockchain Bitcoin Cryptocurrency Digital Compliance Compliance/Regulatory.

Regulation 78

Regulation Risk Management Compliance Bitcoin 78

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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

Lending

TheGuardian

JANUARY 6, 2023

Exclusive: Pay committees will factor in regulator’s fines over IT meltdown and money-laundering controls Bankers at TSB and Santander UK are at risk of having their annual bonuses slashed after the high street lenders were hit with multimillion-pound fines by the City regulator last month. The retail banks’ respective pay committees are currently deliberating how much money to allocate to staff-wide bonus pools, and are understood to be taking penalties related to failings around TSB’s IT meltd

Regulation 71

Regulation Retail 71

BankInovation

JANUARY 6, 2023

Primis Bank has chosen financial software provider Savana to help automate processes between its core and customer channels for more efficient self-service capabilities. The $3.5 billion, McLean, Va.-based bank has integrated Savana’s APIs with its Finxact core and plans to offer small-business checking and savings accounts in the first quarter, Primis Bank Chief Information Officer […].

Software 52

Software Mobile Retail 52

The Paypers

JANUARY 6, 2023

India-based fintech platform KreditBee has closed its second tranche of a USD 200 million Series D funding with an USD 100 million in primary funding from Advent International.

Fintech 67

Fintech 67

BankInovation

JANUARY 6, 2023

U.K.-based data and payments fintech Moneyhub raised $17.7 million in a December venture round led by London-based Phoenix Group. The investment follows an October funding round led by Legal and General, Lloyds Banking Group and Shawbrook Bank that raised $41.5 million, according to a Moneyhub release. The fintech plans to use the funding for its […].

Fintech 52

Fintech Phoenix Groups Data 52

American Banker

JANUARY 6, 2023

Payments 94

Payments 94

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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

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The Paypers

JANUARY 6, 2023

The UK’s National Crime Agency has decided to assemble a specialised team to proactively investigate cryptocurrency-related crime.

National 45

National cryptocurrency 45

American Banker

JANUARY 6, 2023

Policies 90

Policies 90

The Paypers

JANUARY 6, 2023

Bitcoin miner Core Scientific has planned to shut down 37,000 bitcoin mining rigs belonging to now bankrupt crypto lender Celsius.

Bitcoin 45

Bitcoin 45

American Banker

JANUARY 6, 2023

Fintech 81

Fintech 81

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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.

Lending

The Paypers

JANUARY 6, 2023

Lithuania-based iDenfy has partnered financial payment technology platform Pay with Suave to secure payments with know your customer (KYC) and anti-money laundering (AML) services.

Security 36

Security Payments Technology 36

American Banker

JANUARY 6, 2023

Compliance 77

Compliance Regulation 77

The Paypers

JANUARY 6, 2023

The Department of Trade and Industry (DTI) has partnered with JustPayto , a Philippines-based financial tech firm, to provide digital payments to micro, small, and medium enterprises.

Industry 36

Industry Payments 36

American Banker

JANUARY 6, 2023

Industry 57

Industry Payments 57

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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.

US

The Paypers

JANUARY 6, 2023

UK-based credit card startup Yonder has partnered with automated financial crime assurance provider Cable to improve its financial crime compliance and oversight processes.

Compliance 36

Compliance Cards 36

American Banker

JANUARY 6, 2023

Compliance 45

Compliance Regulation 45

The Paypers

JANUARY 6, 2023

Coinmotion has obtained confirmation from the Bank of Spain as a valid provider of virtual currency exchange services for fiat currency and custody of electronic wallets.

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36

American Banker

JANUARY 6, 2023

cryptocurrency 41

cryptocurrency Compliance Regulation 41

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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.

Compliance

The Paypers

JANUARY 6, 2023

Asia-based B2B digital payments platform SUNRATE has partnered with multinational financial services corporation Visa to launch virtual corporate cards.

Cards 36

Cards Payments 36

American Banker

JANUARY 6, 2023

Groups 41

Groups Industry cryptocurrency Management 41

The Paypers

JANUARY 6, 2023

US-based solutions provider Duck Creek Technologies has announced the agreement to acquire Switzerland -based modern payments platform Imburse.

Payments 36

Payments US Technology 36

American Banker

JANUARY 6, 2023

Fraud 39

Fraud Technology 39

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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.

Lending