ATM Marketplace
JULY 30, 2021
Technology is continually advancing as every industry deals with unique challenges. Banks and financial institutions are no exception. Banks are dealing with automation, regulation, digitalization and disruption to meet with the needs of customers. The traditionally slow moving industry is now changing rapidly.
BankInovation
JULY 30, 2021
In a strategic partnership to support technological innovation in the banking and financial services sectors, the Federal Deposit Insurance Corporation (FDIC) and Duke University’s Pratt School of Engineering recently announced an agreement to collaborate on artificial intelligence, risk management, quantitative research and cybersecurity at the FDIC and U.S. banks.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
TheGuardian
JULY 30, 2021
App-based lender emerges as biggest winner in new figures, with Virgin Money also making sizeable gains Starling Bank is proving to be one of the big winners in the battle for current account customers, it emerged this week. And the app-based bank could recruit even more after it was announced on Monday that Tesco Bank is closing all of its customers’ current accounts from the end of November.
BankInovation
JULY 30, 2021
Banking core provider Finastra, Credit Suisse and Automation Anywhere announced new senior executive hires this month. Bank Automation News offers a wrap-up of some recent industry staffing shuffles. Finastra taps Marmur to lead payments division Financial technology and enterprise software provider Finastra has hired Oren Marmur as general manager of payments.
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
TheGuardian
JULY 30, 2021
Majority taxpayer-owned lender plans fresh round of dividends and share buybacks NatWest Group has returned to profit and announced plans for a fresh round of dividends and share buybacks that will result in a payout of at least £190m for the Treasury. The majority taxpayer-owned lender – formerly known as Royal Bank of Scotland – said it planned to pay investors dividends worth £347m at 3p a share after swinging to a £2.5bn profit in the first half of the year as the British economy recovers fr
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
TheGuardian
JULY 30, 2021
Digital bank says it is cooperating with watchdog which is ramping up efforts to combat financial crime The UK’s financial watchdog has said it is investigating digital bank Monzo over potential breaches of anti-money laundering and financial crime rules. Monzo, which was founded in 2015 and is known for its hot coral bank cards, said it was cooperating with the investigation, which was in its early stages but could lead to civil and criminal charges.
CB Insights
JULY 30, 2021
Paystand , a cloud-based payments platform, has raised $50M in a Series C. The round drew participation from SoftBank Group, King River Capital, and NewView Capital, among others. HOW’S THE COMPANY PERFORMING? California-based Paystand is a blockchain-enabled business-to-business (B2B) payment network. It provides its services to brands like Covetrus, True Brands, and Choozle.
BankBazaar
JULY 30, 2021
Bring out the cake, confetti, and streamers. Because it’s our birthday! As we turn 13, it’s time to pause and thank those who made it possible for us to get here – YOU! Yay! It’s our birthday! As we turn 13, we can’t help not reminisce about the incredible journey we’ve had so far in making access to financial products a seamless, 100% safe and rewarding reality for so many of you.
CB Insights
JULY 30, 2021
Vestwell , a retirement services platform, has raised $70M in a Series C. The round drew participation from Morgan Stanley, Manulife Capital, Industry Ventures, and Goldman Sachs, among others. HOW’S THE COMPANY PERFORMING? New York-based Vestwell provides the infrastructure to support workplace retirement programs. It allows advisers to communicate with their customers and provides automated retirement investing options that are compliant with rules and regulations.
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
FICO
JULY 30, 2021
Artificial intelligence is today’s hottest technology—and how companies create and use unbiased AI should be a topic near the top of Boards of Directors’ agendas. AI is a Board-level issue because this technology makes decisions that profoundly affect all customers, in ways that can be positive or negative. This blog captures the extended conversation around “ Diversity and Governance: AI Breaks into the Boardroom, ” FICO’s recent LinkedIn Live broadcast featuring Dr.
Bussman Advisory
JULY 30, 2021
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: Amazon denies report of accepting bitcoin as payment SAP jumps aboard IBM Cloud for Financial Services Microsoft names launch partner for financial services cloud.
Qudos Bank
JULY 30, 2021
Refinancing your home loan could help you lock in a lower interest rate, more flexible loan features or a more suitable loan structure. And with interest rates at all-time lows, there are more opportunities than ever to lock in a better deal. Australians are clearly taking notice - a record high of approximately 500,000 people refinanced in 2020, according to the Australian Banking Association 1.
Tomorrow's Transactions
JULY 30, 2021
Introduction (by Tim Richards) We were delighted to get a lot of good feedback on Neil’s previous blog on Mondex Memories and CBDCs and its relevance to CBDCs and thought it would be interesting to respond to some of the more interesting – and difficult – points raised in a follow-up blog. Before addressing those… Continue reading On Mondex and CBDCs (again).
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.
The Paypers
JULY 30, 2021
AllBank has announced an exciting partnership with UnionPay International to boost financial inclusion in Philippines.
The Paypers
JULY 30, 2021
Deloitte has formed a strategic alliance with US-based cybersecurity company Palo Alto Networks to deliver integrated, end-to-end zero trust and multi-cloud cybersecurity solutions.
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.
The Paypers
JULY 30, 2021
US-based behavioural biometrics company BehavioSec has extended its platform into a SOC/ISO compliant, hosted-version and a cloud-native, SaaS version.
The Financial Brand
JULY 30, 2021
In a marketplace that is becoming accustomed to hyper-personalized communication, the need for banks to use data to drive engagement is no longer optional. The post Banking Needs To Prepare For Marketing’s Data Arms Race appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
The Paypers
JULY 30, 2021
BPC’s smart city payment division O-CITY has partnered with DSK Bank in Bulgaria and its subsidiary DSK Mobile, to deliver new ticketing system overseen by the Sofia Urban Mobility Center.
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.
The Financial Brand
JULY 30, 2021
Digital transformation in marketing is vital for financial institutions. Otherwise they won't be able to reach, convert or retain consumers. The post 3 Tools Financial Marketers Can Use to Strengthen Digital Experience appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
The Paypers
JULY 30, 2021
The Asian Development Bank ’s (ADB) Trade and Supply Chain Finance Program (TSCFP) has signed an agreement with Dubai Islamic Bank Pakistan Limited (DIBPL) to support trade in Pakistan.
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.
Expert insights. Personalized for you.
136 
Let's personalize your content