Card debt weighs on consumers
Payments Dive
MAY 16, 2023
First-quarter credit card balances jumped 17% over the same period last year, according to New York Fed data.
Tue.May 16, 2023
362 
Valley Bank delivers digital transformation while maintaining human touch
ATM Marketplace
MAY 16, 2023
Is traditional banking dead? Or is it transforming? The answer may lie in keeping the traditional touch while integrating innovative technology: like Valley Bank's recent digital signage makeover.
Join 50,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
PayPal urged to accelerate CEO search
Payments Dive
MAY 16, 2023
The digital payments pioneer faces pressure from investors to name CEO Dan Schulman’s successor sooner rather than later.
FICO and Chelsea Football Club to Raise Financial Literacy in U.S.
FICO
MAY 16, 2023
Home Blog Feed test FICO and Chelsea Football Club to Raise Financial Literacy in U.S. Strategic partnership between Chelsea FC and FICO aims to make a positive impact on the communities where games are played Tue, 05/16/2023 - 18:46 Saxon Shirley by Nikhil Behl Chief Marketing Officer expand_less Back to top Tue, 05/16/2023 - 18:35 Chelsea Football Club today announced a new partnership with FICO, the world’s leading provider of analytics software, solutions and services.
Digital Transformation: Accelerating ROI and Growth in Commercial Lending
Advertisement
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
What Robinhood’s performance could signal for rival retail investment apps and their valuations
CB Insights
MAY 16, 2023
Robinhood ’s Q1’23 earnings paint a grim picture of the profitability and growth challenges that retail investing apps and other fintechs face today: Net losses are compounding Active users are at a fraction of previous peaks Transaction-based revenues are up and down from one quarter to the next but aren’t growing over time This is old news to the public markets, as Robinhood’s market capitalization is down 77% compared to its exit valuation at IPO in July 2021.
Sign up to get articles personalized to your interests!
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
More Trending
Advanced Payment Solutions partners Armenotech and Tempo France
The Paypers
MAY 16, 2023
Canada-based Advanced Payment Solutions has partnered with Armenotech and Tempo France to form an ecosystem based on the Stellar blockchain.
2023 is the year to embrace progressive modernization
BankInovation
MAY 16, 2023
In 1975, Businessweek ran a story identifying the ways that technology would reshape the workplace. Leaders from Xerox and IBM correctly predicted that by 1995, offices would have an integrated network of personal computers at each desk and electronic filing systems.
BKN301 partners Finastra to launch BaaS solution
The Paypers
MAY 16, 2023
Fintech BKN301 has partnered with Finastra to bring digital and cross-border payments solutions to San Marino and expedite its Banking-as-a-Service (BaaS) solution deployment for the MENA region.
Podcast: Credit unions, banks look to no-code solutions
BankInovation
MAY 16, 2023
Credit unions and smaller financial institutions are looking to no-code technology options to digitalize member experiences in order to stay competitive with fewer resources and less capital.
The State of Automation in Financial Services 2024 Report
Advertisement
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
N26 launches Instant Savings account for Spanish users
The Paypers
MAY 16, 2023
Germany-based digital bank N26 has announced the launch of its new N26 Instant Savings account in Spain, aiming to offer eligible customers interest on deposits.
Binance exits Canada due to strict cryptocurrency rules
The Paypers
MAY 16, 2023
Cryptocurrency exchange Binance has announced that it will cease its operations in Canada due to new stablecoin and investor limits.
Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance
Advertisement
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.
ComplyAdvantage launches Fraud Detection solution
The Paypers
MAY 16, 2023
Financial crime intelligence company ComplyAdvantage has launched a Fraud Detection solution that uses machine learning algorithms to detect and prevent transaction fraud.
To prevent the next SVB, regulators should rank bank deposits by volatility
American Banker
MAY 16, 2023
Yield App partners with Volt to improve crypto accessibility
The Paypers
MAY 16, 2023
Digital wealth platform Yield App has partnered with UK-based real-time payments gateway Volt to offer additional GBP and EUR on-ramps via FPS and SEPA Instant.
A year after shareholders' rebuke, JPMorgan rebuilds support for executive pay
American Banker
MAY 16, 2023
Register Now: Sneak Peek Into Close Automation SkyStem Web Demo
Advertisement
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.
Jack Henry to contribute to FedNowSM's launch
The Paypers
MAY 16, 2023
US-based fintech company Jack Henry has announced that it will contribute to the launch of the Federal Reserve ’s payment network, the FedNowSM Service.
Teamwork Commerce receives SOC 2 Type 1 compliance
The Paypers
MAY 16, 2023
Global retail management software Teamwork Commerce has announced the receipt of SOC 2 Type 1 compliance for all Teamwork Commerce Premier Edition customers.
Republic First delays capital raise as activist group revs up challenge
American Banker
MAY 16, 2023
Top 10 Benefits of Automating Loan Modifications for Commercial Lenders
Advertisement
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.
Zip launches unified platform for procurement
The Paypers
MAY 16, 2023
Zip has announced the launch of a unified platform for procurement, consolidating the tools and processes needed for the end-to-end procurement lifecycle.
Cardless raises USD 75 million in debt deal with i80 Group
The Paypers
MAY 16, 2023
US-based financial technology company Cardless has announced its raise of a USD 75 million three-year credit facility in a debt deal made with i80 Group.
Personal Loans Are a Growth Area with Cross-Sell Opportunities
The Financial Brand
MAY 16, 2023
This article Personal Loans Are a Growth Area with Cross-Sell Opportunities appeared first on The Financial Brand. Fintechs cultivate personal loan borrowers as long-term banking prospects. Can banks and credit unions compete? This article Personal Loans Are a Growth Area with Cross-Sell Opportunities appeared first on The Financial Brand.
2024 Lending Outlook: Innovations and Evolutions in the Financial Sector
Advertisement
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.
Let's personalize your content