Fri.Jan 27, 2023

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Visa, Mastercard, Amex results buoyed by consumer spending

Payments Dive

The card companies said that consumer demand, including for travel, remained healthy in the fourth quarter of 2022, though growth moderated

Cards 433
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Bitstop shakes up bitcoin ATM space with Genesis Coin acquisition

ATM Marketplace

The ATM industry is no stranger to high profile acquisitions and the bitcoin side of the industry has joined the trend. Bitstop, a bitcoin ATM provider, has acquired Genesis Coin, which powers more than 12,000 bitcoin ATMs in the U.S., and accounts for 31.9% of all such machines worldwide

ATM 121
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'A huge mistake': Lessons from the JPMorgan-Frank fintech deal

American Banker

Fintech Fraud Technology College planning

Fintech 101
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Climate activists guilty of smashing Barclays HQ windows spared jail

TheGuardian

Women were found guilty of causing £100,000 damage to building in Canary Wharf, London Seven climate change activists who were found guilty of causing more than £100,000 of damage by smashing windows at the headquarters of Barclays Bankwere spared jail by a judge.

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers.

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Yellen says raising debt limit is only solution to avoid fiscal crisis

American Banker

Treasury Department Regulation and compliance Politics and policy

Policies 100

More Trending

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How banks should deal with AI's risks, according to NIST

American Banker

Artificial intelligence Risk management Technology

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JPMorgan is spending and talking the most on AI, index shows

BankInovation

JPMorgan Chase & Co. has a head start when it comes to developing and deploying artificial intelligence in banking, according to a new study.

Study 52
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The more things change, the more branches still matter

American Banker

Consumer banking Customer service Branch banking

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Upstart launches digital finance, online sales

BankInovation

Artificial intelligence-based lending platform Upstart is adding new digital financing and online sales applications to its auto retail platform to improve loan approval rates and expand credit access.

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

This exclusive webinar with Ryan McInerny will teach you all about cryptocurrency and NFTs! Register to learn more about identifying crypto transactions, crypto asset market trends, managing risk and compliance, and supporting customers and partners using crypto-based payments.

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Wells Fargo holds CEO Scharf's pay at $24.5 million for 2022

American Banker

Wells Fargo Industry News Compensation

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Fifth Third enhances its Momentum Banking platform

BankInovation

Fifth Third Bank announced the addition of Early Pay for federal tax refunds through its Fifth Third Momentum Checking digital banking platform as part of the bank’s ongoing tech modernization initiatives.

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Stripe, exploring options, hires JPMorgan and Goldman Sachs

American Banker

Industry News Expense management Payments

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Santander launches multinational BNPL product

BankInovation

Santander Corporate and Investment Banking has launched a business-to-business product via a new buy-now, pay-later solution.

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8 Ways to Torture Your CFO

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

The office of the CFO is rapidly evolving, with more and more demands being placed upon the finance and accounting team each year. Join us in this webinar, where we share 8 things NOT to do when it comes to helping the CFO office support the business.

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American Express brushes off impact of white-collar layoffs

American Banker

Earnings Payments

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How did ChatGPT passed an MBA exam?

Dataconomy

ChatGPT passed an MBA Exam revealed by Professor Christian Terwiesch at the University of Pennsylvania. The professor shared a brief report on the AI chatbot’s score and pointed out which parameters it successfully completed. Terwiesch prepared a research paper entitled “Would Chat GPT3 Get a Wharton MBA? A Prediction Base on Its Performance in the […] News Artificial Intelligence chatgpt Featured

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NCUA extends 18% interest ceiling for federal credit unions through 2024

American Banker

Interest rates Credit unions Regulation and compliance

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Goldman Sachs boss takes near 30% pay cut as turbulence hits bank

TheGuardian

David Solomon’s pay was $25m for 2022, down from $35m in 2021, as investment bank’s profits halve and 3,200 staff laid off Goldman Sachs has slashed its chief executive’s pay packet by almost 30% after a turbulent year that resulted in one of the largest round of job cuts in the Wall Street lender’s history.

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Shifting Focus in Today’s Market A Commercial Lender’s Guide

With today's market as it is, where should lenders shift focus? We’ll address 4 emerging products for 2023 and tell you the ‘why and the how’ including several lender use cases. Get the Guide

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How Alipay is supercharging Splitit and Checkout.com

American Banker

Payments

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Tenable launches Tenable Ventures to support new cybersecurity technologies

The Paypers

US-based cybersecurity company Tenable has announced Tenable Ventures, a corporate investment programme that supports cybersecurity startups

US 34
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Kansas City Fed rejects Custodia's master account application

American Banker

Federal Reserve Regulation and compliance Politics and policy

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GCash, Grab Philippines to offer cashless payments

The Paypers

Mobile wallet GCash has partnered with superapp Grab to enable direct cashless payments option when using the app’s transport and delivery services in the Philippines

Mobile 27
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Exploring the Overlap: Cost Optimization and Digital Transformation

Speaker: Alex Jiménez, Managing Principal, Financial Service Consulting for EPAM

The largest banks have increased reserves for protection against deteriorating economic conditions. Should banks delay their digital transformation investments and focus on cost reductions? In this webinar, Alex Jiménez will walk us through that question and examine the prudent course of action.

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Latest banking news

American Banker

Industry News Career moves Cryptocurrencies

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Protecting children is not the same as preventing fraud.

Tomorrow's Transactions

Protecting children is not the same as preventing fraud In the design of every customer facing service there is a trade off between ‘ease of use’ and the countermeasures incorporated into the system to prevent misuse.

System 39
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Debt default would make Lehman bankruptcy 'look like a walk in the park'

American Banker

Federal Reserve Economy Treasury Department Politics and policy

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Amazon considers launching an NFT programme

The Paypers

Amazon has set its eyes on the Web3 space and is looking to launch its own gaming focused NFT programme in spring 2023

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How Automation Can Streamline Your Month-End Close Process

Start the new year with powerful automation for your month-end close and reconciliation process. See how automation can change the trajectory of the close, buy back time, instill more confidence in the results, eliminate administrative headaches and be audit ready.