Federal Reserve Bank studies Bitcoin's resilience to macroeconomic news
The Paypers
FEBRUARY 10, 2023
The US Federal Reserve Bank has published a new paper in which it looks closely at Bitcoin and its lack of response to most macroeconomic news.
The Paypers
FEBRUARY 10, 2023
The US Federal Reserve Bank has published a new paper in which it looks closely at Bitcoin and its lack of response to most macroeconomic news.
Payments Dive
FEBRUARY 10, 2023
Like the company’s $1 billion sale of its Netspend consumer unit, the divestiture reflects efforts to refine its portfolio, said Global Payments CEO Jeff Sloan.
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Abrigo
FEBRUARY 10, 2023
Upcoming revisions to the Corporate Transparency Act Stay current on CTA updates and leave comments on the proposed rulemaking regarding FinCEN's beneficial ownership registry. You might also like this upcoming webinar, "BSA officer’s mindset: A comprehensive look at your AML/CFT program." register now Takeaway 1 The Corporate Transparency Act mandates the creation of a public database for obtaining and holding beneficial ownership information.
Payments Dive
FEBRUARY 10, 2023
The company is set to receive up to $7 million from the Wisconsin Economic Development Corporation for its new Milwaukee headquarters.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
ATM Marketplace
FEBRUARY 10, 2023
With many countries examining central bank digital currencies, a question emerges: How will this impact ATMs and cash usage?
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankInovation
FEBRUARY 10, 2023
Listerhill Credit Union has improved its call deflection rate through enhanced self-service digital offerings since selecting Glia as its digital partner in November 2021. The $1.2 billion credit union uses Glia’s online guide CoBrowsing to help consumers navigate its website through AI-enabled assistance and web page monitoring, according to a Glia release.
CFPB Monitor
FEBRUARY 10, 2023
The CFPB recently issued an advisory opinion entitled Real Estate Settlement Procedures Act (Regulation X); Digital Mortgage Comparison-Shopping Platforms and Related Payments to Operators. The CFPB states that it issued the advisory opinion “to address the applicability of the Real Estate Settlement Procedures Act (RESPA) section 8 to operators of certain digital technology platforms that enable consumers to comparison shop for mortgages and other real estate settlement services, including pla
CB Insights
FEBRUARY 10, 2023
Insurtech is gaining traction in the Middle East and North Africa (MENA) region. Due to varying regulatory environments, insurance is a largely localized business — providing an opportunity for homegrown insurtech startups to compete in the MENA markets. Investors have taken note. In 2022, the region saw $417M in funding across 21 deals. This was lower than 2021 — which saw a record $545M invested across 30 deals — but the decline was much less stark than funding to the overall
The Paypers
FEBRUARY 10, 2023
Turkey-based MEP Sistem has proposed the launch of a European Digital Identity Wallet, to read and verify electronic documents and to allow peer-to-peer interactions.
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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
BankInovation
FEBRUARY 10, 2023
With 2022 in the rearview mirror, let’s look at the trends that will shape the banking and payments space in 2023. The current elephant in the room is the looming recession, and it is essential that financial institutions manage risks and prioritize budgets while maintaining a clear route toward long-term growth.
FICO
FEBRUARY 10, 2023
Home Blog FICO Consumers Prioritize Mortgage Payments Over Auto What are the drivers behind this mortgage and auto loan payment hierarchy behavioral shift and is it likely to be a lasting trend? NicholetteLarsen@fico.com Tue, 03/23/2021 - 22:16 by Tommy Lee Senior Director, Analytics and Scores expand_less Back To Top Fri, 02/10/2023 - 16:00 At the start of the pandemic, unemployment spiked and the CARES Act was passed to support those in financial need to pay their bills, including mortgage and
BankInovation
FEBRUARY 10, 2023
Bankomat Chief Executive Nina Wenning, questions what constitutes a bank branch in the 21st century. The Swedish shared utility service she heads provides ATM cash access, but since consumers leverage “online e-commerce services and many other digital banking and payment tools,” she wonders “what is a branch in the 21st century?
The Paypers
FEBRUARY 10, 2023
Uber has partnered with financial services company HSBC to launch a digital payments solution that enables on-demand cashouts into mobile wallets for unbanked drivers in Egypt.
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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
BankInovation
FEBRUARY 10, 2023
PayPal Holdings increased its technology and development spend year over year as the company reduced its headcount in January. WHY IT MATTERS: PayPal, one of many tech companies worried about economic uncertainty like Stripe and Amazon, reduced its headcount by 7% — 2,000 employees — the company announced last month.
The Paypers
FEBRUARY 10, 2023
Enabler of digital commerce in the MENA region, Network International , and global retail chain store Carrefour , have announced the implementation of PopID ’s Face Pay face verification platform for payments service.
The Paypers
FEBRUARY 10, 2023
FC Bayern Munich has announced Adyen as its exclusive payment solution partner that will handle the club’s payment processing across all sales channels.
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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
FEBRUARY 10, 2023
US-based fintech Finzly has announced the release of its new API connection feature, designed to access FedNow Service, an instant payment rail.
The Paypers
FEBRUARY 10, 2023
UK-based cashback and payments app Cheddar has partnered with food delivery brand Just Eat to offer cashback on any order made through Just Eat.
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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.
The Paypers
FEBRUARY 10, 2023
Payments firm MoonPay has partnered NFT marketplace LooksRare in order to make it easier for users to buy and sell cryptocurrencies.
The Paypers
FEBRUARY 10, 2023
Multinational banking group HSBC has unveiled a new one-stop digital payment solution, HSBC Merchant Box, for SMEs in Hong Kong.
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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.
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