Global Payments taps former BofA exec as next CFO
Payments Dive
JUNE 3, 2022
Josh Whipple, a former investment banker, is taking the top finance job as the company gears up for more acquisitions to capitalize on a drop in valuations.
Payments Dive
JUNE 3, 2022
Josh Whipple, a former investment banker, is taking the top finance job as the company gears up for more acquisitions to capitalize on a drop in valuations.
South State Correspondent
JUNE 3, 2022
Strong Job Growth Continues While Wage Gains Moderate. Nonfarm payrolls increased 390 thousand with those gains fairly widespread. Expectations were for 318 thousand jobs and the increase was just below April’s 436 thousand new jobs. The largest gains came in leisure and hospitality, in professional and business services, and transportation and warehousing.
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Payments Dive
JUNE 3, 2022
Block wants to attract more business clientele as fintech firms experience economic volatility. Offering tap-to-pay on the iPhone advances that goal.
BankBazaar
JUNE 3, 2022
Always file your ITR promptly? Looking to file your ITR before June? Hold your horses. Here’s why you shouldn’t. Are you the sort of person that rushes to file their income tax return as early as possible so that it’s done and dusted? Are you very proud of that gold certificate the income tax department sent you for timely filing? So, if you’re mulling filing your returns before June, you might want to reconsider after reading this.
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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
Payments Dive
JUNE 3, 2022
American Express CEO Steve Squeri is bullish on his cardholders' financial health and the broader economic situation, saying Thursday he expects inflation to moderate in 2023.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Payments Dive
JUNE 3, 2022
The digital payments company’s legal team hopes to introduce more alternative fee structures to help gain more balance in outside law firm costs.
Bobsguide
JUNE 3, 2022
Auriga was recently honoured with the prestigious Peter Kulik Innovation Award from the ATMIA, the leading non-profit trade association representing the entire global ATM industry. Stefano Cipollone, Auriga’s Business Development Manager, reveals why WinWebServer (WWS), the integrated ATM acquiring solution, was selected and what it means for customers.
ATM Marketplace
JUNE 3, 2022
There is no denying that Bitcoin ATMs have seen incredible growth, but a number of factors are driving this rate of expansion in the Bitcoin ATM space – it is not only the attractiveness or lack thereof on any given day of bitcoin.
TheGuardian
JUNE 3, 2022
Details emerge after London-based employee incorrectly added a zero to a transaction A “fat-finger error” by a London-based trader at Citigroup that triggered a flash crash across European stock markets could cost the bank at least $50m (£39.8m). The trader was working from home last month when they incorrectly added an extra zero to a trade, Bloomberg reported , quoting “people familiar with the matter”.
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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
Bobsguide
JUNE 3, 2022
Mark Aldred, Auriga’s VP of International Sales, joined Brett King on Breaking Banks to deep-dive into current industry hot topics such as the impact of COVID-19 on banks, branch closures, and how technology is changing the nature of banking. The ongoing wave of branch closures are attempts by banks to address the problem of cost and the lack of usage.
TheGuardian
JUNE 3, 2022
Zero-interest loans have helped financially vulnerable people pay for items from school uniforms to vital furniture Credit unions have proved a lifeline for many people during the pandemic and cost of living crisis, and now they are being allowed to offer a wider range of products. Zero-interest loans for people in financially vulnerable circumstances are being trialled, and have so far helped borrowers to pay for items ranging from school uniforms to essential furniture.
Bobsguide
JUNE 3, 2022
Banca Carige Smart, the new intelligent branch model enabled by Auriga #NextGenBranch solutions, combines digitalisation with a human touch for an innovative customer experience. London, 23 November 2021 – Auriga, a global software provider for the omnichannel banking and payments sector, today announced that Banca Carige, an Italian retail bank with over 480 branches all over Italy, is launching its first four Carige Smart branches using Auriga’s #NextGenBranch digital self-service solutions in
Bussman Advisory
JUNE 3, 2022
FinTech Ecosystem Insights by Bussmann Advisory is our weekly newsletter with over 40’000 subscribers across different social media channels, summarizing relevant news and reports related to ecosystems around disruptive technologies, highlighting key updates from the industry as well as our portfolio companies: Wall Street and the problem of “way too many publicly traded FinTechs” Klarna CEO blasted for outing laid-off workers on LinkedIn Deutsche Bank’s DWS chief quits a
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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.
BankInovation
JUNE 3, 2022
Digital transformation budgets are on the rise, with larger companies with greater than $1 million in revenue spending up to 62% more on digital transformation. At smaller organizations, that number is still on the rise at 42%, Ashim Gupta, chief financial officer at robotic process automation (RPA) vendor UiPath, said during Thursday’s earnings call.
The Paypers
JUNE 3, 2022
Google has banned the training of AI systems that can be used to generate deepfakes on its Google Colaboratory (Colab) platform.
BankInovation
JUNE 3, 2022
Financial services organizations are digitizing and automating more processes to keep up with competition, and intelligent process automation (IPA) — which has been growing in use about 20% across all fields — is now becoming ubiquitous. Market research firm Everest Group in a recent report ranked IPA technology vendors and looked at the market for […].
The Paypers
JUNE 3, 2022
US-based investment bank and financial services holding JPMorgan Chase has announced a new partnership with fintech OmniLatam to extend credit lines to mid-sized and small suppliers of big corporations in Latin America.
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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.
BankInovation
JUNE 3, 2022
The technologies banks are eyeing for future investments are in flux. What’s on the horizon for banking? Here’s a look at the new tech that bank leaders are considering investing in, according to a recent report by Forrester Research: AI-powered Robotic Process Automation (RPA): RPAs follow a rigid, rule-based automation, but if powered by AI, […].
The Paypers
JUNE 3, 2022
Tintra , a UK-based regtech, has planned to secure a banking licence across four continents so it can operate according to regulatory standards.
BankInovation
JUNE 3, 2022
Data for data’s sake is more than just wasted resources; it can also create frightening operational risks for the bank. Banks are known for being data-rich, which sounds promising since data is often touted as the centerpiece of the prototypical open banking environment. But data without a plan can harm more than it helps, Wendy […].
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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.
The Paypers
JUNE 3, 2022
Esports 3.0 platform GEMS has secured a USD 50 million investment commitment from GEM Digital, preparing for a listing in the coming months.
The Paypers
JUNE 3, 2022
Global payments platform APEXX Global has announced that global direct-to-consumer ecommerce company, ESW , has selected the first to be its primary processor for Canadian and US transactions.
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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.
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