Mon.May 05, 2025

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How banks can persuade customers to stop using checks

American Banker

Paper check use is dropping, but it's still high enough to be a fraud concern for banks. The Trump administration's move to mandate digital could force banks to dump paper once and for all.

Fraud 73
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Senate to vote on Fiserv CEO for SSA post

Payments Dive

The Senate Finance Committee chair urged colleagues to support Frank Bisignano to become head of the Social Security Administration when they vote on his nomination this week.

Security 368
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The Case for Product Management in Banking

Jeff For Banks

In a discussion today, I asked a bank CEO and Chief Banking Officer: Why can't we design a business checking account that uses technology to determine the average balance that receives interest over a certain amount instead of this Analysis Checking product? Instead of applying all of these transactions to burn down what would be interest paid to the customer.

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Shift4 turns to restaurants for future growth

Payments Dive

The payment processor has signed thousands of restaurants in Europe and expects to delve deeper into that business.

Payments 274
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Commercial Lenders, Playing It Safe Is the Real Risk

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.

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UK ministers to meet bank bosses over lending to small businesses

TheGuardian

Rachel Reeves concerned that lenders restrictions are holding back growth in the SME sector Ministers will meet bank bosses on Tuesday to discuss how big lenders can support the governments growth strategy as concerns mount inside Whitehall that small businesses are struggling to access the funds needed to make vital investments. Senior executives from HSBC, NatWest and Lloyds are expected to explain how they will meet the governments mission to increase lending after criticism from business gro

Meeting 70

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OCC seeks comment on digitalization challenges for community banks

ABA Community Banking

The OCC is seeking public input on the key challenges and barriers faced by community banks in the adoption and implementation of digital banking solutions. The post OCC seeks comment on digitalization challenges for community banks appeared first on ABA Banking Journal.

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Kyrgyz Republic signs MoU with Binance on crypto development

The Paypers

The National Agency for Investments under the President of the Kyrgyz Republic has entered into a formal agreement with Binance.

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Innovation of the Year 2025: Meet the honorees

American Banker

The 10 winning innovations span categories from AI and payments to risk and compliance. An overall winner will be announced at American Banker's Digital Banking event on June 2.

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Acquired.com co-funds industry initiative and launches cVRPs

The Paypers

Acquired.com , a payment business driving recurring commerce, has participated as a founding member of a landmark industry initiative led by Open Banking Limited (OBL).

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Leverage Trellis Court Data To Identify More Investment Opportunities

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.

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Fiserv outage underscores the importance of bank contingency planning

American Banker

A service outage on Friday at Fiserv affected multiple banks and crippled at least 60 applications for some Fiserv customers, including Early Warning's peer-to-peer money transfer app Zelle. The issue, while resolved, reiterates the importance of bank redundancies.

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Circle refuses Ripple's offer to acquire it for up to USD 5 billion

The Paypers

Enterprise blockchain and crypto solutions provider Ripple Labs has attempted to acquire Circle for up to USD 5 billion, however, the offer was turned down.

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How Apple's regulatory woes opened a door for payment rivals

American Banker

Curve, a London-based fintech, has added a mobile wallet to its flagship product that lets consumers switch cards after the point of purchase.

Apple 46
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Maldives plans USD 9 bln blockchain hub to tackle debt burden

The Paypers

The Maldives has signed a joint venture with Dubai-based MBS Global Investments to develop a large-scale blockchain and digital assets hub.

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State of AI in Sales & Marketing 2025

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.

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Fintechs can lead the way toward women's financial freedom

American Banker

For fintech to achieve its true potential of democratizing financial access for all, we need diverse viewpoints among fintech founders, board members and advisors.

Fintech 44
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Morgan Stanley to add crypto trading for E*Trade clients

The Paypers

Morgan Stanley has revealed its plans to introduce cryptocurrency trading for users of its E*Trade brokerage platform.

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JPMorganChase quietly closed its fundraising platform Capital Connect

American Banker

A representative for the bank said JPMorganChase is still dedicated to venture capital investors and new businesses.

Capital 36
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AFC announces its support for the Credit Access and Inclusion Act

The Paypers

The American Fintech Council (AFC) has sent a letter to the Senate Committee on Banking, Housing and Urban Affairs, underlining its support for the Credit Access and Inclusion Act.

Fintech 41
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Book of Secrets on the Month-End Close

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.

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Bessent: Private credit boom shows banks are overregulated

American Banker

Treasury Secretary Scott Bessent argued that tight bank regulations are driving the growth of private credit, which he thinks reinforces the case for deregulation.

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Santander announces the sale of 49% of Santander Polska to Erste Group Bank

The Paypers

Erste Group Bank has acquired a 49% stake in Santander Bank Polska and 50% of Santander’s Polish asset management business for a total of EUR 7 billion.

Groups 36
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Stablecoin coalition cracks, Democrats threaten filibuster

American Banker

A bipartisan alliance backing stablecoin legislation shattered in the U.S. Senate.

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eToro plans US IPO launch as soon as next week

The Paypers

Israel-based social trading-focused online broker eToro has allegedly been planning to roll out its US IPO as early as next week.

US 36
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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

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!

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Citigroup restarts business of lending to buyout funds

American Banker

The bank in the past year returned to offering loans backed by the cash that investors pledge to funds.

Lending 36
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Crypto.com taps Green Dot to power Embedded Finance expansion in the US

The Paypers

Crypto.com has announced a strategic partnership with Green Dot Corporation to improve its Embedded Finance offerings for US-based users.

US 36
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How Cathinka Wahlstrom is modernizing America's oldest bank

American Banker

BNY's chief commercial officer talks about AI, tariffs and her efforts to help create a leaner, meaner bank.

America 28
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Qualco Group plans EUR 98 mln Athens IPO to boost fintech growth

The Paypers

Greece-based fintech Qualco Group SA has prepared for an initial public offering (IPO) on the Athens Stock Exchange, with ambitions to raise to EUR 98 million.

Groups 36
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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.