Thu.Mar 06, 2025

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Report: Bank-credit union mergers ‘have hit a lull’

ABA Community Banking

Regulatory uncertainty and banking industry advocacy likely led to a slowdown in credit union acquisitions of banks so far in 2025, the industry news publication American Banker reported. The post Report: Bank-credit union mergers have hit a lull appeared first on ABA Banking Journal.

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Senate votes to overturn CFPB big tech rule

Payments Dive

The Senate backed a resolution to overturn a Consumer Financial Protection Bureau rule that gave the agency oversight of big tech companies offering payment tools.

Tools 541
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What can 40 years of data on vacancy advertising costs tell us about labour market equilibrium?

BankUnderground

Michal Stelmach , James Kensett and Philip Schnattinger Economists frequently use the vacancies to unemployment (V/U) ratio to measure labour market tightness. Analysis of the labour market during the current inflationary period often assumes the V/U ratio is constant and compares this measure with a supposed pre-2019 equilibrium. However, the V/U ratio has trended upwards over recent decades.

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Fiserv investors count on next CEO’s well-rounded resume

Payments Dive

The payment processor’s CEO designate, Mike Lyons, has won over analysts and investors with his experience at bank clients and payment peers. He’s expected to take over from Frank Bisignano later this year.

Payments 338
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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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Alkami to Acquire MANTL: So What?

Gonzobanker

Digital banking solution provider Alkami has announced it will acquire account opening solution provider MANTL for $400 million. Here’s my 5-point gut take on the deal Deposit origination: Job #1. Ron Shevlin’s Whats Going On in Banking research shows deposit gathering is still the #1 challenge for banks while new member growth (requiring deposit accounts) is the #1 challenge for credit unions.

UX 88

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Bank and building society users hit by 33 days of outages in two years, say MPs

TheGuardian

Treasury committee finds disruption a result of 158 IT incidents affecting millions of customers Customers at Britains major banks and building societies suffered the equivalent of more than one months worth of IT failures in the last two years, MPs have said. Enquiries by the House of Commons Treasury committee have found that nine of the top banks and building societies operating in the UK accumulated a total of at least 803 hours, the equivalent of more than 33 days, of unplanned tech and sys

System 73
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Decommissioning the Zelle® Common Mobile App: What You Need to Know

Jack Henry

You may have recently heard that Early Warning Services has decided to decommission the Zelle Common Mobile Application (CMA), also known as the Purple App or the Zelle standalone app, for out-of-network transactions. This significant change will impact how users send and receive money, particularly those who rely on the standalone app because their institution is not a Zelle Network participant.

Mobile 68
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Hundreds of Santander customers in UK hit by banking problems

TheGuardian

Bank says it has fixed mobile and telephone service outages after people unable to make payments Santander has fixed the problems affecting its banking services after many customers were left unable to access their accounts. The bank apologised for any inconvenience caused and said no customers would be left out of pocket as a result of the outages.

Mobile 63
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Who Made Up That Rule? [VIDEO]

The Emmerich Group

Everyone has patterns of disbelief. Some people believe that in politics, there is one side or the other, and they’re unwilling to look at the alternative. Still others believe that the moon is made of cheese. You may have a belief system that’s true. You may have a belief system that’s not true. And the question that we have to look at as an executive is, “what has to be true for us to challenge what we believe to be true?

Video 36
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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Tell us: have you seen a scam online advert promoting fake crypto schemes?

TheGuardian

The Guardian would like your help to find out more about fake adverts or news articles that promote fraudulent crypto schemes on platforms like Facebook and Google A Guardian investigation has shown how a single group of call centres in Tbilisi, the capital of Georgia, scammed savers out of $35m. Victims were lured with fake adverts and news articles, often featuring celebrities, including the radio DJ Zoe Ball and the adventurer Ben Fogle, which they saw on sites like Facebook and Google.

Georgia 52
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emerchantpay solidifies its Latin American footprint with new capabilities in Brazil and Mexico

The Paypers

Global payment service provider and acquirer emerchantpay has solidified its footprint in Latin America with scaled local acquiring connections and payment options in Brazil and Mexico.

America 72
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Senate stablecoin bill is deeply flawed

American Banker

The GENIUS Act is an ill-conceived bill that will allow the largely unregulated sale of stablecoins to the public. The risks it poses for investors, the financial system and the broader economy are unacceptably high.

System 67
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Klarna plans to file for USD 1 billion IPO as soon as next week

The Paypers

Swedish fintech firm Klarna has been planning on raising at least USD 1 billion in a US IPO, with the company looking to file publicly as soon as next week.

Fintech 68
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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. 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.

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Flex, fintech for small business owners, raises $225 million

American Banker

The company lets business owners co-mingle personal and business finances in one app.

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Tuum becomes a Mastercard Digital Activity Service Provider

The Paypers

Tuum has become a Mastercard Digital Activity Service Provider, aiming to enable banks and fintechs to offer secure digital payment solutions.

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Why credit union-bank mergers have hit a lull

American Banker

Following a record-setting 2024, only one transaction involving a credit union buying a bank has been announced so far this year. Seller concerns about regulatory approval and pushback from bank industry groups have contributed to the slowdown.

Groups 59
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Skyfire launches full AI Payment Network after Beta completion

The Paypers

Skyfire , a payment network designed for AI-driven transactions, has officially launched its full-featured infrastructure following a period of beta testing.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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The tech companies building AI guardrails for banks

American Banker

H20.ai, Ethos and Corridor Platforms are among the tech companies that have recently released software designed to help banks keep generative AI in check.

Company 50
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BVNK launches embedded wallet unifying fiat and stablecoins

The Paypers

BVNK , a provider of stablecoin payment infrastructure, has announced that it rolled out an embedded wallet that merges fiat and stablecoins worldwide.

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Exclusive: Rep. Andy Barr to reintroduce bank merger bill

American Banker

The chairman of the House Financial Services Subcommittee on Financial Institutions will reintroduce a bill at noon today designed to speed up the bank merger review process.

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Santander secures approval to acquire Tresmares Capital

The Paypers

Santander has secured regulatory approval to acquire an 89.9% stake in Tresmares Capital , a platform specialising in alternative financing and private equity.

Capital 41
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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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Payment execs predict an AI rush

American Banker

Executives at American Banker's Payments Forum in San Francisco said artificial intelligence and embedded finance will dominate investments in the coming year.

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BaFin fines Deutsche Bank EUR 23 million for regulatory breaches

The Paypers

Germany’s Federal Financial Supervisory Authority ( BaFin ) has imposed administrative fines of EUR 23 million on Deutsche Bank for breaching regulations under the German Securities Trading Act.

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Cross River says its capital markets expansion is paying off

American Banker

The New Jersey bank, which has been investing in its capital markets business, recently helped the fintech lender Best Egg securitize and sell $160 million of loans.

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Mollie expands Poland

The Paypers

Mollie has announced its expansion in Poland, aiming to optimise money management for businesses and customers in the region.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.