Wed.Mar 08, 2023

article thumbnail

Getting Started With Client Remediation (Part 1 of 3)

Perficient

Your firm has, whether it was an individual or collective organization, violated the first component of the Hippocratic Oath – “first, do no harm” (or “primum non nocere,” the original Latin translation from the Greeks) while interacting with a client. Some combination of your conscience and your lawyers make you want to “make things right,” however that may be defined.

Analysis 275
article thumbnail

Shift4 needles rival Toast

Payments Dive

Toast and Shift4 are battling to win larger customers in the intensely competitive restaurant payments arena.

Payments 280
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Can Financial Services Institutions Better Support Women? – An International Women’s Day Blog

Perficient

Throughout history and across cultures, women have been forbidden from opening bank accounts, owning property, and taking out loans. Fortunately, most societies today don’t legally bar women from partaking in these tasks, but the ancient history of shutting doors on women seeking greater financial control has left an undeniable gender gap in the world of financial services and a lingering, detrimental attitude that money management is a man’s job.

article thumbnail

Brex offers ChatGPT-style tools

Payments Dive

The announcement comes as interest in ChatGPT is rapidly gaining momentum, even as some worry about potential privacy and security risks.

Tools 219
article thumbnail

Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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

article thumbnail

Four bankers in Switzerland accused of helping to hide Putin’s millions

TheGuardian

Swiss national and three Russians appear in court in connection with accounts in name of Putin’s friend Sergei Roldugin Four bankers have appeared in a Swiss court charged with helping to hide tens of millions of francs on behalf of Vladimir Putin. The men, who had senior roles at the Swiss branch of Russia’s Gazprombank, are accused of helping Sergei Roldugin – a close friend of the Russian president who has been described as “Putin’s wallet” – to move millions through Swiss bank accounts witho

More Trending

article thumbnail

WeChat adds digital yuan to its payment platform

The Paypers

WeChat , China’s major social networking and payment app, has added the country’s central bank digital currency (CBDC) to its payment services, according to reports in local media.

article thumbnail

Fifth Third enhances AI strategy

BankInovation

Fifth Third Bank is enhancing its AI strategy by increasing the amount of data ingested by the language model it uses to build conditionals into the bank’s mobile application and messaging platform improving customer experience and self-service options.

article thumbnail

Transact Campus and Amazon to adopt payment solution on campuses

The Paypers

US-based fintech provider Transact Campus has integrated its payment solutions with Amazon ’s Just Walk Out technology to augment payments for vendors on and off college campuses.

article thumbnail

2023 Tech Transformation Priorities Banks + FIs Must Review

BankInovation

The banking industry is on the brink of a transformation driven by technological advances that have created the potential for new products, services and delivery channels that promise to reshape the very definition of what banking means.

article thumbnail

The State of Automation in Financial Services 2024 Report

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

article thumbnail

CoinZoom adds Apple Pay and Google Pay as funding options

The Paypers

US-based Cryptocurrency exchange CoinZoom has added Apple Pay and Google Pay as funding options on its Android and iOS apps.

Google 60
article thumbnail

Qudos Bank recognised in 2023 Mozo Experts Choice Awards for its excellent home loans

Qudos Bank

Qudos Bank has been named a winner in this year’s Mozo Experts Choice Awards. Each year, Mozo’s team of experts set out to uncover the best home loans currently on the market. We conduct a rigorous analysis of all products on our radar and assess them based on quality and value provided to customers. In each category, we award just the top 10 percent of products.

article thumbnail

Should you swipe left on that fintech? Startups help banks vet firms.

American Banker

Fintech 99
article thumbnail

EGBA publishes AML guidelines for online gambling

The Paypers

The European Gaming and Betting Association (EGBA) has published its pan-European anti-money laundering (AML) guidelines to support the online gambling sector in being compliant.

article thumbnail

Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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.

article thumbnail

Six Dos and Don’ts to Make Your Subject Lines Pop

Image Works Direct

The subject line is arguably one of the most important parts of a marketing email. It’s the first thing the recipient sees, after all, making it a vital space for convincing them to click in. On the flip side, a bad subject line may even go straight to the spam folder, bypassing the inbox completely.

article thumbnail

AstroPay launches Wolves co-branded Visa debit card

The Paypers

Online payment solution AstroPay has announced the launch of a virtual Visa debit card co-branded with Wolves, an English Premier League club, built on an existing partnership.

article thumbnail

CFPB issues special report on so-called "junk fees"

American Banker

Report 69
article thumbnail

Revolut offers crypto staking courses

The Paypers

Revolut is launching another crypto learning course to help make digital assets more accessible. The new course is named the ‘Polkadot Bonus’ and it is made up of two lessons.

Course 36
article thumbnail

Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

article thumbnail

Top banking news this month: February 2023

American Banker

article thumbnail

Grocery chains to close locations in the US

The Paypers

A number of grocery chains including Walmart , Kroger , Sprouts, Amazon and Stop & Shop have announced the closure of several US-based locations throughout 2023.

US 36
article thumbnail

Synchrony launches new credit card for outdoor vehicle owners

American Banker

Cards 69
article thumbnail

Aite-Novarica and Finastra launch study indicating why banks should invest in new tech

The Paypers

Aite-Novarica Group has launched a research paper supported by Finastra that aimed to display why banks should invest in new technologies to meet market demands.

Study 36
article thumbnail

Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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.

article thumbnail

Latest global payments news

American Banker

article thumbnail

Aite-Novarica Group launches research study

The Paypers

Aite-Novarica Group has launched a research paper supported by Finastra that aimed to display why banks should invest in new technologies to meet market demands.

Groups 36
article thumbnail

Silvergate Bank says it's self-liquidating, winding down operations

American Banker

article thumbnail

Monkee, Qenta, and Visa partner to launch Smart Money Card

The Paypers

Monkee has announced launching the Smart Money Card in cooperation with Visa and Austria-based Banking as a Service Provider Qenta.

Cards 41
article thumbnail

2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.