Accenture

JULY 19, 2022

Telecom firms play a critical role in connecting people: 85% of the US population use smartphones today, and the penetration rate in the UK has reached 92%. This access to a massive market creates a unique opportunity for the key telecoms players to offer streamlined, end-to-end customer journeys, which can be powered by frictionless digital…. The post 3 key areas where payments can empower telecoms appeared first on Accenture Banking Blog.

Payments 315

Payments US Marketing Trends 315

Payments Dive

JULY 19, 2022

Following its second acquisition as a public company, Boston-based Flywire will continue to look for purchase opportunities that expand the payments company’s reach globally, said CEO Mike Massaro.

Boston 273

Boston Payments Company 273

ATM Marketplace

JULY 19, 2022

Typically, retail ATMs have had fewer features than bank ATMs, but that may be changing. ATM Marketplace interviewed Brad Nolan, EVP and CMO at Hyosung America, to learn more about how the market is changing.

ATM 128

ATM Retail America Marketing 128

Payments Dive

JULY 19, 2022

Demand for ClassWallet’s education digital payments tools increased during the coronavirus pandemic, and that rise has continued this year in the company’s signing of new state contracts.

Tools 195

Tools Payments Company 195

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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

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ATM Marketplace

JULY 19, 2022

Typically, retail ATMs have had fewer features than bank ATMs, but that may be changing. ATM Marketplace interviewed Brad Nolan, EVP and CMO at Hyosung America, to learn more about how the market is changing.

ATM 99

ATM Retail America Marketing 99

CB Insights

JULY 19, 2022

Global fintech funding fell 33% quarter-over-quarter (QoQ) to hit $20.4B — its lowest level since Q4’20. Deals also hit a 6-quarter low, dropping 17% QoQ to reach 1,225. In line with this trend, $100M+ mega-rounds also accounted for a smaller percentage of total deals (4%) and funding (47%) than they did at any quarterly point last year. Below, check out a handful of highlights from our 197-page, data-driven State of Fintech Q2’22 Report.

Fintech 100

Fintech Report Comparison Trends 100

Payments Dive

JULY 19, 2022

Located on Melrose Avenue, the buy now-pay layer firm’s two-day shopping experience will showcase sustainable brands.

Los Angeles 195

Los Angeles Branding 195

CFPB Monitor

JULY 19, 2022

Represented by a team of Ballard Spahr attorneys, a seller of consumer products recently defeated the plaintiffs’ motion to certify a class in their lawsuit filed in Utah federal district court alleging violations of the Telephone Consumer Protection Act (TCPA) by the seller and another defendant. My fellow Ballard team members were Jenny Perkins, Will Reilly, and Ashley Waddoups.

Utah 78

Utah Meeting National System 78

William Mills

JULY 19, 2022

Creating a true work-life balance has always seemed like a mysterious goal that can never quite be achieved. Today’s working environment with hybrid teams brings unique challenges. Some employees are working remotely while others are onsite. Because of this, it is paramount that you take care of yourself while energizing others to do the same thing.

Leadership 78

Leadership 78

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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

Report

CFPB Monitor

JULY 19, 2022

On July 13, 2022, the House Committee on Oversight and Reform, Subcommittee on National Security held a hearing entitled “Protecting Military Servicemembers and Veterans from Financial Scams and Fraud.” A recording of the hearing is available here. . July has been designated as “Military Consumer Month,” a public-private marketing initiative created by state and federal agencies and military and consumer groups designed to draw attention to financial issues impacting the military community.

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Fraud National Security social media 78

The Paypers

JULY 19, 2022

Global retail bank, payments, and shopping service Klarna has announced the opening of its first US-based retail pop-up store, Klarna Oasis.

US 69

US Branding Retail Payments 69

BankInovation

JULY 19, 2022

Truist and Ally Financial both made strategic investments in technology and talent during the second quarter to accelerate growth and servicing. “We have continued to invest in talent and technology to enhance our servicing and collection capabilities and remain confident in our ability to effectively manage credit in a variety of environments,” Ally Chief Financial […].

Technology 52

Technology Management 52

FICO

JULY 19, 2022

Home. Blog. FICO. Wolf, Goat and Cabbage: The Digital Customer Experience Riddle. Disjointed digital customer experiences are causing banking and insurance customers to flee in record numbers. FICO. Tue, 07/02/2019 - 02:45. by Jim Neumann. expand_less Back To Top. Tue, 07/19/2022 - 14:55. Building compelling, digital customer experiences that are validated by analytics is the key to successful digital transformation strategies… and a vexing challenge for banks and insurance companies facing ever

Customer Experience 52

Customer Experience Strategy Analytics Technology 52

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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.

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BankInovation

JULY 19, 2022

Citizens saw increasing digital engagement during the second quarter as the bank boosted its technology investments. The Providence, R.I.-based bank spent $163 million on equipment and software in Q2, an 8% year-over-year increase, according to today’s earnings presentation. Active mobile users jumped by 1.93 million, a 21% YoY increase. Customers continue to favor digital check […].

US 52

US Software Mobile Technology 52

The Paypers

JULY 19, 2022

Russia-based bank Rosbank has partnered with blockchain company Atomyze to issue the first palladium-backed digital asset called ‘palladium token.

blockchain 60

blockchain Company 60

The Banker

JULY 19, 2022

Directed by its ambitious chair, Gary Gensler, the SEC is pursuing an agenda which many in the industry believe is too much, too quickly, and it looks set to face legal challenges. Marie Kemplay reports.

Course 36

Course Industry Report 36

The Paypers

JULY 19, 2022

Canada-based payments company Buckzy Payments has said that Artificial Intelligence (AI) is important in the efficiency and security of cross border transactions.

Payments 56

Payments Security Company 56

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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.

US

American Banker

JULY 19, 2022

Capital 87

Capital Payments 87

The Paypers

JULY 19, 2022

The Dutch Central Bank. (DNB) has sanctioned Binance with a 3.3 million EUR fine for providing unauthorised services to Dutch citizens.

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American Banker

JULY 19, 2022

Fintech 78

Fintech Policies 78

The Paypers

JULY 19, 2022

UK-based digital banking Starling , backed by Goldman Sachs with a GBP 50 million investment, has withdrawn its application to obtain a European banking license from the Irish central bank.

Digital Banking 36

Digital Banking 36

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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.

Compliance

American Banker

JULY 19, 2022

Technology 74

Technology Management 74

The Paypers

JULY 19, 2022

Apiture , a US-based provider of digital banking solutions, has announced the closing of a USD 29 million fundraising round led by Live Oak Bank , with participation from other existing investors.

Digital Banking 36

Digital Banking US 36

American Banker

JULY 19, 2022

Lending 69

Lending 69

The Paypers

JULY 19, 2022

Social media platform owned by Meta (former Facebook), Instagram , has announced that its users can now purchase items directly from within the application.

social media 36

social media 36

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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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