Fri.May 21, 2021

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ATMIA: Texas ATM human trafficking bill 'based on false premise'

ATM Marketplace

A proposed law to register ATMs in Texas to fight human trafficking has drawn criticism from the ATM industry.

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Information Security and Risk Management: Trends and Threats

Jack Henry

In this blog, I’ll dive into cybersecurity trends that present a significant potential risk and offer some practical advice to help you reduce the overall risk. 2020 Sets the Stage for 2021. Some of the threats in 2020 weren’t new. According to data from IBM Security X-Force, one in four attacks remediated as of September 2020 were linked to good old ransomware.

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Funding wrap: Fintech investors find their new unicorn in Amount 

BankInovation

Two companies with valuations in the billions attracted investor interest this week. The latest Bank Automation News funding wrap includes one buy now pay later (BNPL) tech firm that has a unique partnership with Barclays US and another fintech that is breaking ground as a trading platform for recurring revenues. Here’s a look at the highlights: Amount: The latest fintech unicorn On Monday, BNPL technology firm Amount closed a Series D capital raise bringing in close to $100 million of additio

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CADFPI announces hiring of Christina Tetreault to lead Office of Financial Technology and Innovation

CFPB Monitor

The California Department of Financial Protection and Innovation announced earlier this month that it has hired Christina Tetreault to lead the new Office of Financial Technology and Innovation. The hiring of Ms.Tetreault is particularly significant because, according to the DFPI’s press release , “[t]he announcement finalizes hiring for the most critical positions needed to stand up major offices and divisions to carry out the California Consumer Financial Protection Law which took effect Jan.

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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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Bank 21 Offers Competitive Rewards Checking/Savings In Western MO

BankDeals

Bank 21 (MO) offers its competitive Kasasa Cash, Kasasa Cash Back, and Kasasa Saver accounts in western Missouri. Must be opened in-branch.

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Epic’s remedy for App Store ‘terrible’ for users, Cook says

Payments Source

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Why Choose Bsquare as your IoT partner?

ATM Marketplace

Bsquare has been helping customers with their embedded OS software for over 25 years. In just the last two years, we have helped more than 600 companies design and deploy over 2.4 million devices. We're an authorized Microsoft Windows IoT distributor and we offer aggressive loyalty pricing.

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Post-Brexit interchange fee plan prompts outcry from U.K. merchants

Payments Source

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What's Special about Windows Server IoT?

ATM Marketplace

Why would you choose Windows Server IoT over Windows Server 2019? Bsquare lays out the benefits for your devices in this easy one-pager. It's all about usage and support. Run heavy data loads on the edge.

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The State of Automation in Financial Services 2024 Report

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

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5 Essentials to Look for in a Platform to Fight Fraud and Financial Crime

FICO

There are a growing number of decisioning platforms to choose from to combat fraud and financial crime. Many find making the right selection overwhelming, knowing that the choice made will have a lasting, monumental impact on their organization for years to come. So what exactly should you look for and who should you turn to for direction? Well, this past December, prominent analyst group Forrester named FICO Category Leader in their most recent Digital Decisioning Platforms Wave Report and not

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EBRAX Antiskimming

ATM Marketplace

Modular anti skimming and anti skimming technology for protect against card cloning and card fraud in ATMs and kiosks, with usb reportand and able to connect sensors for detecting physical operations, with more than 100,000 Installations is the Anti Skimming solution most robust in the market

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Figure raises USD 200 mln to develop blockchain solutions for financial services

The Paypers

Figure Technologies , a blockchain finance firm set up by SoFi founder Mike Cagney, has raised USD 200 million to further its work on its blockchain platform.

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Why Choose Windows 10 IoT Enterprise?

ATM Marketplace

Why is Windows 10 IoT Enterprise the right choice for your intelligent device? Security and 10 years of support are just the beginning. Bsquare lays out the benefits for your devices in this easy one-pager.

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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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Bright Paths Students Demonstrate New Skills with Incredible Variety of Apps

Perficient

Working in a global digital consultancy, our colleagues thrive on our challenging, fast-paced projects. And over the past twelve weeks, the students in Perficient’s Bright Paths program surely know a thing or two about fast-paced project execution! Within mere weeks, 22 women are in the final stages of completing a Perficient-sponsored coding bootcamp in Detroit; their final project includes designing their own apps, all of which serve the world in various ways and all certain to make an impact.

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Cardstream partners with Kount for fraud prevention

The Paypers

US-based Cardstream has announced that it is partnering with Kount to deliver AI-driven integrated fraud protection solutions to its OpenPayment Network.

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How Trustmark boosted video ATM traffic by 40%

Payments Source

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Sovos chooses Prime Trust for tax reporting and compliance

The Paypers

US-based Sovos has announced the company has integrated its cryptocurrency tax information reporting and unclaimed property compliance solutions with Prime Trust.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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How Trustmark boosted video ATM traffic by 40%

Payments Source

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BukuKas secures USD 50 mln in Series B funding

The Paypers

BukuKas , a startup focused on digitising Indonesia’s small businesses, has raised USD 50 million in Series B funding.

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Sequoia Capital-Backed Trade Republic Raises $900M To Expand Commission-Free Trading

CB Insights

Trade Republic , a commission-free trading app, has raised $900M in a Series C with participation from Founders Fund, Sequoia Capital, Accel, and Technology Crossover Ventures, among others. How’s the company performing? Berlin-based Trade Republic is an app-only trading platform that allows customers to trade stocks, ETFs, cryptocurrency, and other products, commission-free.

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Push-pay fraud is a new, and changing threat to banks

Payments Source

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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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.

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Comviva chooses Accura Scan for KYC and ID verification

The Paypers

India-based Comviva , a player providing digital financial solutions, has announced its partnership with Accura Scan , a digital KYC and identity verification service provider.

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Sterling Bancorp eyes private credit market with latest fintech deal

American Banker

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SkyPoint Federal Credit Union leverages Sensibill's receipt management solution

The Paypers

SkyPoint Federal Credit Union has launched the Sensibill ’s digital receipt management solution to improve the digital experience for members and unlock data for the institution.

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Post-Brexit interchange fee plan prompts outcry from U.K. merchants

American Banker

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.