Payments Dive

MARCH 6, 2023

While the digital payments pioneer has kept its PayPal and Venmo operations separate, the parent company expects them to converge in about a year.

Operations 435

Operations Payments Company 435

South State Correspondent

MARCH 6, 2023

In an article last week ( HERE ), we discussed why real estate loans underwritten at common debt service coverage ratio (DSCR) and loan-to-value (LTV) levels may quickly become substandard credits if capitalization (cap) rates normalize, as expected because interest rates are rising. Credits will deteriorate much faster if an economic downturn stresses net operating income (NOI).

Community Bank 195

Community Bank Community Lending Regional 195

Payments Dive

MARCH 6, 2023

The private label card issuer decided it needed to do more to support entrepreneurs of color and women business owners so it teamed up with Ariel Alternatives.

Cards 273

Cards 273

CFPB Monitor

MARCH 6, 2023

The CFPB has issued a new report ,“ Consumer Use of Buy Now, Pay Later: Insights from the CFPB Making Ends Meet Survey ,” that looks at the financial profiles of consumers who use buy-now-pay-later (BNPL) products. The report uses data from the CFPB’s 2022 Making Ends Meet survey (responses of 2,036 consumers) and the CFPB’s Consumer Credit Panel. .

Report 146

Report Survey Meeting Data 146

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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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Payments Dive

MARCH 6, 2023

The Chicago-based fintech, which was valued at $1 billion in 2021, recently initiated its second round of layoffs in less than a year.

Chicago 221

Chicago Technology Fintech 221

ATM Marketplace

MARCH 6, 2023

When it comes to payment processing, it is imperative for businesses to ensure that their systems are secure, efficient, and reliable. As the volume of cashless transactions continues to grow, the importance of thorough payment testing becomes even more critical.

System 71

System Security Payments 71

CFPB Monitor

MARCH 6, 2023

On March 9, 2023, the House Financial Services Committee’s Subcommittee on Financial Institutions and Monetary Policy will hold a hearing entitled “Consumer Financial Protection Bureau: Ripe for Reform.” The witnesses for the hearing have not yet been announced. The hearing will represent the first hearing held by the House Financial Services Committee focused on the CFPB since Republicans took control of the House in January 2023 and Patrick McHenry replaced Maxine Waters as Committee Chair.

Policies 78

Policies 78

The Paypers

MARCH 6, 2023

NEAR has announced that it is becoming the Blockchain Operating System (BOS), introducing a common layer for browsing and discovering open web experiences, compatible with all blockchains.

Operations 67

Operations blockchain System 67

BankInovation

MARCH 6, 2023

Goldman Sachs Transaction Banking has developed internal APIs that link into the firm’s existing core infrastructure to streamline global payment capabilities for its clients at scale.

Payments 52

Payments 52

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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

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The Paypers

MARCH 6, 2023

Lithuania's fintech sector has outperformed global investment trends, according to a press release citing a report by Invest Lithuania.

Fintech 69

Fintech Trends Report 69

BankInovation

MARCH 6, 2023

Arvest Bank is switching from its existing core to a new one built from scratch by a development team working closely with the bank.

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Tomorrow's Transactions

MARCH 6, 2023

Consult Hyperion and Osmodal Group partner to deliver combined mass transit payment expertise to new markets. Consult Hyperion and Osmodal Group announce their strategic partnership extending Consult Hyperion’s global reach with local presence in Asia Pacific and in parallel, strengthening Osmodal Group’s offering in both the UK and US markets. In 2008, Consult Hyperion worked… Continue reading Consult Hyperion partners with Osmodal Group The post Consult Hyperion partners with Osmodal Gr

Groups 44

Groups US Marketing Payments 44

The Paypers

MARCH 6, 2023

US-based Silvergate Bank has made a risk-based decision to suspend its crypto payments network amid growing operability concerns.

Payments 50

Payments US Operations 50

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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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Qudos Bank

MARCH 6, 2023

This year’s theme for International Women’s Day is #CrackingTheCode and we asked some of our talented women what they thought about the theme, as well as what more we can do to create a gender equal future. For decades, women have faced many barriers to equality, so having access to digital technologies and education is critical, especially when championing those working in science, technology, mathematics, and engineering (STEM).

Leadership 40

Leadership Innovation Community Technology 40

The Paypers

MARCH 6, 2023

Egypt-based bank Banque du Caire has announced the launch of its e-payments platform Taly , a fintech company arm, to expand within the digital transformation services field.

Company 41

Company Payments Fintech 41

American Banker

MARCH 6, 2023

Technology 74

Technology 74

The Paypers

MARCH 6, 2023

Brazil-based fintech company Blipay has secured USD 6,7 million fund from SRM Ventures for the development of its credit services and salary anticipation product.

Fintech 41

Fintech Security Company 41

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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.

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American Banker

MARCH 6, 2023

Policies 74

Policies 74

The Paypers

MARCH 6, 2023

Ooredoo has signed a partnership agreement with Huawei to leverage its mobile fintech platform to provide fintech services in markets across the company’s footprint.

Fintech 36

Fintech Mobile Marketing Company 36

American Banker

MARCH 6, 2023

cryptocurrency 73

cryptocurrency Compliance Regulation 73

The Paypers

MARCH 6, 2023

Management software RoomRaccoon has teamed up with fintech Adyen to augment its digital product’s payment capabilities and offer better payments to hoteliers.

Payments 36

Payments Software Fintech Management 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.

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American Banker

MARCH 6, 2023

Florida 69

Florida Community Bank Industry Community 69

The Paypers

MARCH 6, 2023

Artificial intelligence provider company Ocula Technologies has received investment funds from two financial institutions, Lloyds Bank and Castelnau Group.

Groups 36

Groups Technology Company 36

American Banker

MARCH 6, 2023

Report 69

Report Policies Regulation 69

The Paypers

MARCH 6, 2023

Brazil-based Nubank has partnered Polygon to expand the reach of its Nucoin loyalty programme to around 70 million customers.

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41

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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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