Sun.May 16, 2021

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Merchant lending can help small banks battle fintechs

Payments Source

Lending 129
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KPMG on Kenya Taxes in 2021

Bankelele

KPMG East Africa has a summary of some tax proposals in the Finance Bill that will be used to plug the country’s ambitious Kshs 3.6 trillion 2021/22 budget. Here are some excerpts For investors Depositories are to enhance the identity of investors i.e buyers and sellers of securities. Creation of post-retirement medical funds in retirement […].

Taxes 46
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European authorities uncovered trading scheme resulting in EUR 30 mln in losses

The Paypers

The German authorities have initiated the investigation into a large-scale online investment fraud network with hundreds of victims across Europe, that caused EUR 30 mln in losses.

Fraud 43
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Advantages of Cloud Computing In Banking Can’t Be Ignored

The Financial Brand

Migration to the cloud will allow banks to improve customer experiences, reduce cost and risk, and increase business agility. The post Advantages of Cloud Computing In Banking Can’t Be Ignored appeared first on The Financial Brand.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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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Banks balk at Biden plan to collect clients' tax data

American Banker

Taxes 82
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The 5 Biggest Missteps Banks Make When Retooling Their Internal Culture

The Financial Brand

Most culture-change efforts end up doing little except allowing executives to 'check the box.' Here's what's needed to create real change. The post The 5 Biggest Missteps Banks Make When Retooling Their Internal Culture appeared first on The Financial Brand.