TheGuardian
JUNE 11, 2024
Institutions alleged to have given billions of dollars to oil and gas companies involved in projects that are harming the rainforests Five of the world’s biggest banks are “greenwashing” their role in the destruction of the Amazon, according to a report that indicates that their environmental and social guidelines fail to cover more than 70% of the rainforest.
Payments Dive
JUNE 11, 2024
Consumers remained committed to cash use last year, even as the share of card payments rose and online payments increased, according to an annual Federal Reserve study.
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South State Correspondent
JUNE 11, 2024
FDIC-insured “Problem Banks” list has been increasing over the past two years. For the community banking industry (banks under $10B in assets), this is particularly troubling as the number of community banks earning negative return on equity (ROE) spiked to 237 institutions in Q1/24, or 5.71% of all community banks. Bank ROE is now a problem. We aim to explain the reason for this spike in the percentage of unprofitable community banks so that bankers can better manage their business model.
Payments Dive
JUNE 11, 2024
The move to ISO 20022 is coming late next year and many financial institutions remain unprepared for the switch.
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Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.
ATM Marketplace
JUNE 11, 2024
How can banks successfully deliver customer transformation initiatives? A panel at the upcoming Bank Customer Experience Summit from Sept. 9 to 11 in Charlotte will offer the secret ingredients to a successful transformation.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankInovation
JUNE 11, 2024
Ross Jones, global head of corporate payments at Barclays, will speak at Bank Automation Summit Europe 2024 about the instant payments landscape in the European Union. The summit takes place Oct. 7-8 at the Hilton Frankfurt in Frankfurt, Germany, and brings together industry experts to discuss innovation in AI, banking automation and payments.
American Banker
JUNE 11, 2024
Machine learning has a firm place in banks' fraud and scam detection work. But some are also experimenting with using generative AI to research and handle claims.
BankInovation
JUNE 11, 2024
Apple has announced new features for Apple Wallet and Apple Pay.
American Banker
JUNE 11, 2024
PayPal has brought on expert pitchmen from Uber and Plaid to build an advertising platform for merchants. Its rivals are on a similar path.
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Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.
BankInovation
JUNE 11, 2024
Financial institutions can look to financial operations strategies to manage costs when moving their operations to the cloud.
American Banker
JUNE 11, 2024
The Boston-based custody bank will place deposits at Carver State Bank, Citizens Trust Bank and Ponce Bank as part of its broader effort to help reduce the wealth gap. State Street plans to place a total of $100 million of deposits at minority depository institutions this year.
The Paypers
JUNE 11, 2024
Kani Payments , known for its global data reconciliation and reporting platform, has been chosen by CLOWD9 to enhance its data reporting and reconciliation capabilities globally.
American Banker
JUNE 11, 2024
WealthMeUp, an app that educates users on investing and other financial concepts, eventually wants to turn users' cash-back into investing dollars.
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Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be
The Paypers
JUNE 11, 2024
US-based bank Citi has introduced Citi Real-Time Funding (RTF), a liquidity solution that facilitates 24/7 account funding and streamlines treasury processes.
American Banker
JUNE 11, 2024
Fifteen million Americans who owe a combined $49 billion in medical debt would benefit from a proposal by the Consumer Financial Protection Bureau to scrub medical debts from credit reports and ban their use in underwriting decisions.
The Paypers
JUNE 11, 2024
Austria-based trading app Morpher has launched Morpher AI, a tool that facilitates market analysis and decision-making for traders.
American Banker
JUNE 11, 2024
Nearly 20 years ago, the SEC made business development companies subject to an obscure reporting rule that pushed them out of major index funds. Reversing course would be a major boon to small businesses.
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Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w
The Paypers
JUNE 11, 2024
Sweden’s passenger rail service SJ AB has partnered with Extenda Retail and Softpay to deliver augmented payment experiences across its network.
American Banker
JUNE 11, 2024
Illinois' recent move to prohibit the inclusion of taxes and tips in credit card interchange fees suggests that electronic transactions are too expensive and also that there are too many entities working unilaterally to reduce those costs.
The Paypers
JUNE 11, 2024
Worldwide Cash Express has announced its partnership with TerraPay in order to optimise cross-border payment experiences for customers and clients.
American Banker
JUNE 11, 2024
As she prepares to leave to run a nonprofit after three decades in the industry, Cole said the financial services sector is better for women — but still has a long way to go.
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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.
The Paypers
JUNE 11, 2024
The South Korean National Assembly Legislative Research Service has mentioned a possible crypto tax elimination debate in its policy guidebook.
American Banker
JUNE 11, 2024
Dickinson Financial in Missouri has no intention of departing from its expansionary mindset as it lays plans for de novo branches and scouts new acquisition opportunities.
The Paypers
JUNE 11, 2024
Fintech Galaxy has disclosed a strategic collaboration with Yabx , a company specialising in alternative data-driven lending and management of loan portfolios.
The Financial Brand
JUNE 11, 2024
This article How to Automate with the Banking Customer in Mind — and Create A Smoother CX appeared first on The Financial Brand. Automation tools simplify transactions, ensuring customer satisfaction and loyalty. In today's informed market, banks must capitalize on customer engagements — or risk reputational damage. This article How to Automate with the Banking Customer in Mind — and Create A Smoother CX appeared first on The Financial Brand.
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Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se
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