Visa, Mastercard, Amex results buoyed by consumer spending
Payments Dive
JANUARY 27, 2023
The card companies said that consumer demand, including for travel, remained healthy in the fourth quarter of 2022, though growth moderated.
Payments Dive
JANUARY 27, 2023
The card companies said that consumer demand, including for travel, remained healthy in the fourth quarter of 2022, though growth moderated.
ATM Marketplace
JANUARY 27, 2023
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.
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TheGuardian
JANUARY 27, 2023
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. Zoe Cohen, 52, Carol Wood, 53, Sophie Cowen, 31, Lucy Porter, 48, Gabriella Ditton, 28, Rosemary Webster, 64, and another protester, who cannot be named for legal reasons, were charged with criminal damage and pleaded not guilty.
Dataconomy
JANUARY 27, 2023
Do you like AI tools but have trouble getting the desired results? Then it’s time to meet the concept of AI prompt engineering. Whether you use ChatGPT or DALL-E 2, i.e. text-to-text or text-to-image AI tools, you must learn to ask the right questions to get the results you want.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
How do you know if your accounting team is ready to automate the month-end close? Join us in this informative webinar, where we share the top 8 signs that indicate that a team has outgrown all existing tools and may be ready to embark upon month-end close automation. We will examine the process clues that help determine whether your team would be a good candidate for automation.
TheGuardian
JANUARY 27, 2023
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. The bank revealed on Friday that David Solomon had been paid $25m (£20m) for 2022, down from $35m a year earlier, after the bank revealed a 50% drop in annual profits following a slump in de
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankInovation
JANUARY 27, 2023
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.
American Banker
JANUARY 27, 2023
BankInovation
JANUARY 27, 2023
Santander Corporate and Investment Banking has launched a business-to-business product via a new buy-now, pay-later solution. Madrid-based Santander CIB tapped global trade credit insurance company Allianz Trade and B2B payments platform Two for the venture, which aims to provide large, multinational corporations the ability to instantly defer payments at checkout, according to a Santander release.
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Digital platforms can provide you with plenty of solutions, yet many are still intimidated by them. It's time to end that worry and embrace what could make a major difference for your bank. Understanding how they work and how to best utilize them for your banks is key toward success. In this article, Biz2X breaks down all things digital platforms, including the many advantages of embracing them.
Tomorrow's Transactions
JANUARY 27, 2023
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. We are regularly told by User Interface specialists that any friction added to their checkout process provides a reason… Continue reading Protecting children is not the same as preventing fraud.
BankInovation
JANUARY 27, 2023
JPMorgan Chase & Co. has a head start when it comes to developing and deploying artificial intelligence in banking, according to a new study.
Dataconomy
JANUARY 27, 2023
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?
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In the ever-evolving commercial lending landscape, adaptability is key to survival and growth. As lenders navigate the challenges and opportunities presented by the state of the market, alternative lending strategies have emerged as powerful tools for success. We will explore six strategies with the potential to transform lenders’ business. Understanding alternative lending strategies is crucial.
The Paypers
JANUARY 27, 2023
US-based cybersecurity company Tenable has announced Tenable Ventures, a corporate investment programme that supports cybersecurity startups.
The Paypers
JANUARY 27, 2023
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.
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Creating a winning digital lending experience requires plenty of focus on the needs of customers and more. Biz2X Chief Product Officer Aaron Traub covers everything from how to create such an experience, areas to hone in on, pitfalls to avoid, and plenty more in this insightful article. Discover how to utilize new technology without alienating existing customers, what to emphasize when working on your platform, and how to utilize the data at your disposal while not becoming overly reliant on it.
Digital Growth Institute
JANUARY 27, 2023
“If you are doing customer-driven leadership the right way, it can’t fail because it’s self-correcting.” -Daniel Hammond Most financial brands pride themselves on providing outstanding customer service. Still, the financial industry is one of the least-liked industries in the world. Customers have little love left for their banks. Why the mismatch? Daniel Hammond says it’s a failure to practice genuine customer-driven leadership.
Digital Growth Institute
JANUARY 27, 2023
“The number one reason for procrastination and a lack of motivation is a vagueness or confusion about what it is you’re trying to do.” -Audrey Cannata Have you ever climbed into bed at night and wondered, “What did I even accomplish today?” It’s demoralizing to realize you’re just treading water in your personal or professional life.
Advertiser: Data Robot
The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.
American Banker
JANUARY 27, 2023
The Paypers
JANUARY 27, 2023
UK-based regulatory risk intelligence firm Corlytics has acquired ING SparQ to design a regtech platform, focused on `monitoring to policy` services.
The Paypers
JANUARY 27, 2023
The Provincial Government of Bataan has signed a Memorandum of Understanding with global blockchain technology company nChain.
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Unlock the secrets to optimizing returns while navigating complex state regulations. With this webinar, gain exceptional insights from industry leaders, each with vast experience and expertise in commercial lending. They will delve into critical aspects of managing default rates in today’s dynamic lending landscape, including the formidable task of managing default rates across diverse states, each with its own legal intricacies and restrictions.
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