Mon.May 06, 2024

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3 Tips to Maximize Your Commercial Lending Potential

Jack Henry

In myyears at Jack Henry™, my lending team has helped hundreds of financial institutions across the United States achieve their strategic goals by focusing on the future of commercial lending.

Lending 88
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Merchants urged to file claims for $5.5B payment card settlement

Payments Dive

Requests for a slice of the Visa-Mastercard settlement are due by a May 31 deadline. Lawyers are racing to alert eligible businesses.

Cards 418
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Grasshopper Bank begins rollout of SBA lending strategy

BankInovation

Small businesses demand efficient access to capital and Grasshopper Bank is meeting the needs of its small business clients through its latest digital lending solutions.

Lending 116
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How to reduce risk and save cash with Pull-ACH

Payments Dive

Finance leaders are in a unique position to reduce costs and increase revenue by evolving payment processes.

How To 397
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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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Vibrant Credit Union in Illinois explores a blockchain-based future

American Banker

The $1.1 billion-asset Vibrant is working with the San Francisco-based distributed ledger development firm Metallicus through its Metal Blockchain Banking Innovation Program to examine use cases.

More Trending

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Proposed credit card fee rules will benefit retailers, not consumers

American Banker

Big national retailers will capture all the financial benefits from proposed reductions in swipe fees, while consumers will be left with fewer benefits programs and less secure transactions.

Retail 96
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How to accelerate revenue with payment optimization

Payments Dive

One of the best ways to accelerate business growth is through adopting a strategic approach to payment processing.

How To 221
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5 Ways Commercial Loans Can Boost Your Business

Commercial Lending USA

Commercial Lending USA is an excellent place to get commercial loans because almost half of all small businesses need them to start up or grow.

Lending 98
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Cannabis rescheduling may boost market, but banking uncertainties loom

American Banker

The Drug Enforcement Administration's early moves to reschedule cannabis could spur some banks to get interested in the market, but experts say without a legislative fix, the fundamental risks to taking on cannabis clients will remain.

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New York Lien Law Essentials: 5 Key Facts for Commercial Lenders

Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.

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Businesses prefer The Clearing House for RTP, Citizens exec says

BankInovation

The Clearing House’s Real Time Payments’ network is gaining mid-market companies as businesses gravitate toward real-time payments. Businesses prefer The Clearing House’s RTP solution because it is established and is used by nearly 67% of U.S.

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The hurdles payment processors face in an increasingly digital age

American Banker

Incumbents face the challenge of updating their infrastructure for digital payments, while newcomers are pushing to compete by using artificial intelligence, cloud hosting and other technologies.

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NPCI International partners with Bank of Namibia

The Paypers

NPCI International Payments Limited (NIPL) has signed an agreement with the Bank of Namibia to support them in developing a UPI stack in Namibia.

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Gunjan Kedia appears positioned to become U.S. Bank's next CEO

American Banker

The Minneapolis-based company has promoted Kedia to president, a role that CEO Andy Cecere and his predecessor both held before being named to the top job.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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Increase Your Revenue in 2024: Commercial Loan Training and Marketing

Commercial Lending USA

Looking for commercial loans in the USA? Commercial Lending USA specializes in arranging commercial mortgages for businesses and commercial purposes nationwide. Get the funding you need today!

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Regulators propose new rule establishing rules for executive pay

American Banker

In a surprise move, the Federal Deposit Insurance Corp., Office of the Comptroller of the Currency and Federal Housing Finance Agency proposed a long-awaited rule to curb certain incentive-based pay arrangements for bank executives.

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humm acquires BidFin

The Paypers

humm has announced its acquisition of the Australian-based fintech provider BidFin in order to meet the growing needs and preferences of its customers.

Meeting 41
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Bankers say CFPB overdraft rule harms vulnerable consumers most

American Banker

The Consumer Financial Protection Bureau's overdraft proposal would set fees at $14. With fee income under attack from many sides, bankers say they would have to further restrict credit.

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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

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APFCU partners with PSCU/Co-op Solutions for card processing

The Paypers

US-based PSCU/Co-op Solutions has forged a strategic partnership with Aloha Pacific Federal Credit Union (APFCU) to deliver credit and debit card processing services and support.

Cards 36
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TD risks 'lost decade' in money-laundering scandal, Jefferies says

American Banker

A veteran Canadian bank analyst says Toronto-Dominion Bank's role in an alleged money-laundering scheme has made the "worst-case scenario" more likely — a huge fine for the lender and years of restrictions on its U.S. growth.

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DailyPay to offer earned wage access to SMEs across the US

The Paypers

US-based on-demand pay company DailyPay has expanded its capabilities by bringing its earned wage access solution to small businesses across the US.

US 41
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SEC warns Robinhood that its crypto business faces lawsuit

American Banker

The Securities and Exchange Commission has warned Robinhood Markets that it faces an enforcement action over its crypto business — the latest sign that the regulator isn't letting up on its yearslong crackdown on digital assets.

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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

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Droit and FINBOURNE forge path to regulatory compliance

The Paypers

Droit , a technology firm specialising in computational law and regulation, has partnered with FINBOURNE Technology , a cloud-based investment data management software, to introduce an innovative end-to-end position reporting solution.

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TD risks 'lost decade' in money-laundering scandal, Jefferies says

American Banker

A veteran Canadian bank analyst says Toronto-Dominion Bank's role in an alleged money-laundering scheme has made the "worst-case scenario" more likely — a huge fine for the lender and years of restrictions on its U.S. growth.

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Featurespace joins forces with The Knoble

The Paypers

UK-based fraud prevention company Featurespace has become a corporate member of The Knoble , an alliance that focuses on mitigating human crime.

Fraud 41
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Legacy Banks vs. Challengers: Do Challengers Still Have the Advantage?

The Financial Brand

This article Legacy Banks vs. Challengers: Do Challengers Still Have the Advantage? appeared first on The Financial Brand. With the digital gap narrowing, who is winning the war between challengers and incumbent banks? FinTech Insights' data has the answer. This article Legacy Banks vs. Challengers: Do Challengers Still Have the Advantage? appeared first on The Financial Brand.

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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.