South State Correspondent
APRIL 16, 2025
When a bank makes a loan, its stepping onto a multidimensional terrain of risk. Credit, interest rate, liquidity, optionality, legal and operational risk all interplay with each other to expose the bank, and the borrower, to a set of risk that can be visualized as a three-dimensional area. Given the current state of the economy, this risk is near an all-time high.
Abrigo
APRIL 16, 2025
This article covers these key topics: Simplyfing CECL for certain receivables Breaking down Credit Losses-Topic 606 Receivables Implications for community financial institutions Equipment-financing firms and others could benefit FASB's Credit Losses-Topic 606 Receivables project doesn't directly affect financial institutions, but it could offer insight on efforts to reduce the CECL burden.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Payments Dive
APRIL 16, 2025
A recently signed deal will bring Klarna’s installment loans to Clover checkout at merchants across the U.S.
ABA Community Banking
APRIL 16, 2025
Equity Bancshares in Kansas, has agreed to buy NBC Corp. of Oklahoma. TowneBank in Virginia, has agreed to buy Old Point Financial. The post Bank acquisitions announced in Oklahoma, Virginia appeared first on ABA Banking Journal.
Advertisement
Why Legacy Lending Workflows Are Costing You More Than You Think Legacy systems and manual workflows might feel familiar, but they come with growing risks—compliance gaps, costly delays, and lost opportunities. This guide breaks down why clinging to traditional processes is no longer sustainable and how automation can help lenders regain control, improve efficiency, and reduce risk across the closing process.
Payments Dive
APRIL 16, 2025
The network company divested its merchant services portfolio this month to concentrate on its core business.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Payments Dive
APRIL 16, 2025
As healthcare expenses grow, fintech startups look to boost the affordability — and profitability — of medical payments.
Cisco
APRIL 16, 2025
To ensure the safety of cardholder environments, financial institutions must understand the guidance on modern technologies and applicable controls.
The Paypers
APRIL 16, 2025
IDEMIA Secure Transaction (IST) has partnered with the National Payment Corporation of Vietnam ( NAPAS ) to expand the nation’s digital payment landscape.
American Banker
APRIL 16, 2025
The firing of National Credit Union Administration board members further erodes the political independence of bank regulators, experts say, in a way that could trickle up to the Federal Reserve.
Advertiser: Trellis
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
The Paypers
APRIL 16, 2025
Stripe has expanded its collaboration with Tencent by introducing Weixin Pay to Stripe Terminal, enabling in-person transactions in 20 countries.
American Banker
APRIL 16, 2025
The regional bank noted "heightened uncertainty" in the second quarter but reaffirmed its outlook for the year.
The Paypers
APRIL 16, 2025
Klarna has partnered with Clover , a POS system, to auto-enable its payment options into shops and service businesses across the US.
American Banker
APRIL 16, 2025
In internal shakeup, the Office of the Comptroller of the Currency will unify supervision divisions, revive the Chief National Bank Examiner office, and elevate IT oversight as part of a broader streamlining push.
Advertiser: ZoomInfo
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
The Paypers
APRIL 16, 2025
Cryptocurrency exchange OKX has announced the rollout of its centralised crypto exchange and OKX Wallet in the US, with the company also establishing regional headquarters.
American Banker
APRIL 16, 2025
The Sweden-based payment firm, which recently delayed its IPO due to the trade war, will use Fiserv's Clover point of sale system as it looks to build a market in the U.S. Plus: Payoneer makes a deal in China and other news in this week's global payments roundup.
The Paypers
APRIL 16, 2025
Revolut has launched five additional currency wallets, including Chinese yuan (CNY), Vietnamese dong (VND), Moroccan dirham (MAD), Icelandic króna (ISK), and Serbian dinar (RSD) that users can exchange and hold in-app.
American Banker
APRIL 16, 2025
The firing of National Credit Union Administration board members further erodes the political independence of bank regulators, experts say, in a way that could trickle up to the Federal Reserve.
Advertisement
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
The Paypers
APRIL 16, 2025
The Reserve Bank of India (RIB) has launched a ‘Theme Neutral’ app facility under its ‘On Tap’ Regulatory Sandbox (RS) framework to foster positive transformation in the fintech sector.
American Banker
APRIL 16, 2025
The Minneapolis-based parent company of U.S. Bank achieved positive operating leverage during the first quarter as revenues outpaced expenses.
Image Works Direct
APRIL 16, 2025
By now, you may have heard that Zelle has discontinued its standalone mobile app. As of April 1, 2025, Zelle can only be accessed through the apps and websites of financial institutions.
The Paypers
APRIL 16, 2025
Global commerce company eBay has entered into a strategic collaboration with Checkout.com , aiming to expand its payment platform and optimise the customer experience.
Advertiser: ZoomInfo
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
American Banker
APRIL 16, 2025
Nashville-based FB Financial announced the opening of a new office in Asheville, North Carolina, a week after striking a $381 million deal for an Alabama-based community bank.
Image Works Direct
APRIL 16, 2025
By now, you may have heard that Zelle has discontinued its standalone mobile app. As of April 1, 2025, Zelle can only be accessed through the apps and websites of financial institutions.
American Banker
APRIL 16, 2025
Chief Operating Officer Joseph Gormley's appointment fills out a thin executive team at the government corporation, which plays a key role in funding mortgages.
The Paypers
APRIL 16, 2025
Financial platform Lili has rolled out a suite of tools aimed at assisting online merchants in expanding and scaling their operations.
Advertisement
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.
Expert insights. Personalized for you.
195 
Let's personalize your content