PayPal revamps SMB approach
Payments Dive
JUNE 9, 2023
The digital payments pioneer told investors that it’s counting on a revised small and mid-sized business strategy to drive higher profit margins.
Payments Dive
JUNE 9, 2023
The digital payments pioneer told investors that it’s counting on a revised small and mid-sized business strategy to drive higher profit margins.
Accenture
JUNE 9, 2023
With Open Banking evolving into Open Finance around the world, it has been difficult to gather the necessary data to track its progress and see the patterns evolving in different regions. Thanks to Open Banking Excellence, that data has been gathered and analyzed in a new report, The Open Finance Index. The report sets a benchmark… The post How can banks lead the pack in open finance growth?
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Payments Dive
JUNE 9, 2023
Bank failures and macroeconomic challenges have made capital markets challenging to navigate, Affirm CFO Michael Linford said.
BankInovation
JUNE 9, 2023
The blistering pace of AI development is creating market opportunities for financial institutions while making them vulnerable to an increasingly sophisticated threat: fraud.
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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 9, 2023
The digital payments company believes bitcoin “has the potential to transform the global transmission of money,” Block CFO Amrita Ahuja said Thursday.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
ATM Marketplace
JUNE 9, 2023
Financial organizations can benefit dramatically from offering flexible work options to their employees.
American Banker
JUNE 9, 2023
The slow rollout of Apple's buy now/pay later service contrasts starkly with the aggressive moves of leading BNPL fintechs. Analysts say Apple's restraint could pay off in time.
TheGuardian
JUNE 9, 2023
Longstanding members angry at being excluded from £340m cash giveaway, which starts next week A £340m cash giveaway kicks off next week when one-off payments of £100 apiece will start appearing in the bank accounts of 3.4 million Nationwide building society customers. However, the unprecedented payout has created a “haves” and “have nots” split within the society’s membership, with some longstanding customers and people holding multiple Nationwide products angry at being excluded.
TrustBank
JUNE 9, 2023
Over the last five years, we’ve fielded quite a few questions about cryptocurrencies, blockchain and central bank digital currencies (CBDC). The latter appears to be popping up more frequently and tied to concerns about the rise of big brother and the potential of lost privacy. Along these lines, there have been a number of recent inquiries about FedNow and whether it is a CBDC or some new nefarious technology.
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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
BankInovation
JUNE 9, 2023
Northwest Bank has improved its customer acquisition and retention through personalized, automated marketing and digital offerings since implementing data-driven marketing agency Deluxe in 2021.
American Banker
JUNE 9, 2023
Genesee Co-op Federal Credit Union in Rochester implemented the labor agreement after more than 14 months of bargaining.
The Paypers
JUNE 9, 2023
Singapore-based Expand.network , an API service offering both read and write connectivity to major public blockchains and DeFi protocols has announced its official launch for public use.
American Banker
JUNE 9, 2023
Local Government Federal Credit Union is postponing its separation from State Employees Credit Union, which has shared its technology and footprint for decades, to establish its own physical presence.
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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.
The Paypers
JUNE 9, 2023
End-to-end embedded finance and fintech personalisation company Qorbis has partnered with BaaS provider Mbanq to create tailored financial control solutions for the US market.
American Banker
JUNE 9, 2023
PacWest Bancorp has completed the first part of the sale of a $5.7 billion loan portfolio to the real estate investment company Kennedy Wilson Holdings as the U.S. regional bank takes steps to shore up liquidity.
The Paypers
JUNE 9, 2023
US-based retail technology provider Stackline has launched Universal Stores, a modular system that aims to increase conversions for retailers.
American Banker
JUNE 9, 2023
Smaller banks face challenges in providing their business customers with modernized tools to streamline payments, but the newest breed of embedded banking tools are making it easier for banks to help businesses increase revenue and cut costs.
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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.
The Paypers
JUNE 9, 2023
Lithuania-based fraud management service provider iDenfy has partnered with Poland-based cryptocurrency and financial service platform P100.
American Banker
JUNE 9, 2023
The Dallas-based institution has hired Dan Sheehan, a veteran banker and the former CEO of Professional Bank, to head the effort that will include opening a branch in Palm Beach County later this year.
The Paypers
JUNE 9, 2023
American Express has partnered with data network Plaid for an API-based integration set to offer new digital banking options for customers and better account security.
American Banker
JUNE 9, 2023
Five Star Bancorp expands into San Francisco, American Express to integrate with data aggregators Plaid and Yodlee, Bank of America reworks leadership in its investment banking unit and more in this week's banking news roundup.
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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 9, 2023
UK-based payment solutions provider Clear Junction has launched ‘CJClique’, a new platform designed specifically for clients in the digital asset space.
American Banker
JUNE 9, 2023
A West Virginia homeowner is suing the banking giant for charges incurred when paying by phone, claiming breach of contract and violation of consumer protection laws.
The Paypers
JUNE 9, 2023
SoftPoS orchestrator Phos by Ingenico has partnered with NatWest to launch their Tap to Pay solution for its payment service Tyl by NatWest on Android devices.
American Banker
JUNE 9, 2023
Binance.US told users its payment and banking partners had signaled an intent to pause support for the exchange's dollar channels as early as June 13.
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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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