BankBazaar
OCTOBER 30, 2024
Halloween may be a festival of all things eerie, but nothing can be more spine-chilling than the spectre of debt. Find out how to keep this particular phantom at bay with these 5 tips from the crypt. It’s that time of the year when all manner of creepy crawlies rise up from their slumber to haunt unsuspecting victims in their sleep. No, it isn’t election time yet; it’s Halloween.
Perficient
OCTOBER 30, 2024
Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility. The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Abrigo
OCTOBER 30, 2024
Increasing efficiency of compliant AML investigations To boost AML program productivity and keep pace with evolving compliance demands, financial institutions should focus on strategic operational improvements paired with the smart use of technology. Key topics covered in this post: The challenges of enhancing AML program productivity 8 Ways for financial institutions to increase the efficiency of case investigators Operational improvements & technology can increase throughput Compliance
South State Correspondent
OCTOBER 30, 2024
A survey from the CFA Institute caught our attention on why wealth management clients leave. 47% of the respondents said they left because of the poor portfolio performance. That makes sense. But, do you know what the second highest reason for leaving your wealth manager was? Communication. 43% of the respondents left because of the lack of communication.
Advertiser: Intellicheck
Identity fraud costs businesses billions as fraudsters create perfect fake IDs that fool traditional verification methods. Visual inspection and OCR technology fail because modern fakes are nearly undetectable to human eyes and basic scanning. Even machine learning struggles with lighting, focus, and sophisticated counterfeits. The shocking truth: most verification only checks what you can see, ignoring the authoritative data hidden in ID barcodes.
Payments Dive
OCTOBER 30, 2024
A MoneyGram executive speaking at the Money 20/20 conference cooed about the trillion-dollar opportunity to lure cash users to digital options, but didn’t mention the company’s recent systemwide outage.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Payments Dive
OCTOBER 30, 2024
The payments processor divested the unit as part of a plan to streamline the company’s business, and it’s targeting more sales, CEO Cameron Bready said.
TheGuardian
OCTOBER 30, 2024
Rise in hybrid warfare and cyber-attacks blamed on pro-Russia groups prompt Nordic neighbours to backpedal Sweden and Norway are backpedalling on plans for cashless societies over fears that fully digital payment systems would leave them vulnerable to Russian security threats, and concern for those unable to use them. A combination of good high-speed internet coverage, high digital literacy rates, large rural populations and fast-growing fintech industries had put the Nordic neighbours on a fast
Payments Dive
OCTOBER 30, 2024
Visa CEO Ryan McInerney took a defiant stance Tuesday regarding the Justice Department’s lawsuit against the card network company.
Commercial Lending USA
OCTOBER 30, 2024
Need help to discover real estate private money lenders? Learn how to find private money lenders tactics to advance your real estate career.
Speaker: Joe Wroblewski, Sales Engineer Manager
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
Payments Dive
OCTOBER 30, 2024
Bank of America is responding to a Consumer Financial Protection Bureau inquiry related to the bank’s processing of electronic payments through Zelle, the lender disclosed in a regulatory filing.
American Banker
OCTOBER 30, 2024
The megabank disclosed that regulators are looking at its anti-money laundering and sanctions compliance. Wells Fargo was recently hit with an enforcement action over similar matters.
Payments Dive
OCTOBER 30, 2024
In addition to pulling back the curtain on integrating Fiserv acquisitions, Frank Bisignano offered predictions on plastic cards and AI at a conference Monday.
American Banker
OCTOBER 30, 2024
Leaving credit unions exempt from the Community Reinvestment Act preserves a gaping hole in regulations designed to make sure that financial services firms make loans available in underserved communities across the country.
Advertisement
Anchor Loans, one of the nation’s top private lenders, turned to GoDocs to modernize its document preparation process and keep pace with growing loan volume. By automating doc generation and integrating seamlessly with internal systems, Anchor Loans drastically reduced prep time and minimized risk—without adding headcount. Learn how GoDocs helped Anchor Loans begin finalizing loan packages in just minutes, enabling faster, more scalable lending with real-time compliance across 48 states.
TheGuardian
OCTOBER 30, 2024
After ‘secret’ commissions paid to dealers by lenders were ruled unlawful, billions might be available in compensation UK lenders are scrambling to assess the fallout of last week’s landmark court of appeal ruling on car finance. The judgment on “secret” commission payments could have far-reaching implications for lenders, beyond those covered by an continuing investigation by the Financial Conduct Authority (FCA).
American Banker
OCTOBER 30, 2024
When TD Bank's $13 billion acquisition fell through, First Horizon was forced to quickly come up with a plan. Here's how the bank's culture of sharing ideas and inclusion helped.
The Paypers
OCTOBER 30, 2024
NVIDIA has announced the launch of its AI Workflow, a product that was developed in order to detect fraudulent credit card transactions.
American Banker
OCTOBER 30, 2024
Embracing the integration of TradFi and DeFi through tokenization is not just a trend — it is a necessity as we reshape the financial industry to drive growth and resilience in an increasingly complex world.
Advertisement
Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
ABA Community Banking
OCTOBER 30, 2024
Banks that prioritize education, coupled with compelling savings vehicles, will meaningfully empower customers on their personal finance journeys. The post Learning the savings habits and preferences of each generation appeared first on ABA Banking Journal.
American Banker
OCTOBER 30, 2024
The global transfer companies made big moves this week, with Western Union buying Dash from Singtel Singapore, while former Walmart executive Anthony Soohoo will be the new boss at MoneyGram.
The Emmerich Group
OCTOBER 30, 2024
In this episode, let’s master the service culture. Let’s look at four unconventional strategies to propel your customer service from good to “WOW,” creating a service culture so extraordinary that people can’t help but talk about it and refer their friends. Whether you think your bank’s customer service is already top-notch, struggles with consistency across branches, or suffers from embarrassing service failures, these ingenious techniques will shake things up, catapul
The Paypers
OCTOBER 30, 2024
Cross-border payments platform Thunes has entered into a strategic collaboration with digital financial company Circle.
Advertisement
Why Legacy Lending Workflows Are Costing You More Than You Think Legacy systems and manual workflows might feel familiar, but they come with growing risks—compliance gaps, costly delays, and lost opportunities. This guide breaks down why clinging to traditional processes is no longer sustainable and how automation can help lenders regain control, improve efficiency, and reduce risk across the closing process.
American Banker
OCTOBER 30, 2024
The processor's sale of medical software firm AdvancedMD comes as it prioritizes small-business payments, according to Cameron Bready.
ABA Community Banking
OCTOBER 30, 2024
Griggsville Bancshares in Illinois to buy Scott Morgan Bancorp; First Carolina Bank in North Carolina to purchase BM Technologies. The post Bank acquisition announced in Illinois, North Carolina bank to acquire fintech appeared first on ABA Banking Journal.
The Paypers
OCTOBER 30, 2024
Coinbase has announced its partnership with Visa , in order to deliver real-time account funding to its customers through the integration of Visa Direct.
American Banker
OCTOBER 30, 2024
The $24 billion-asset bank fully integrated its acquisition of Lakeland Bancorp during the third quarter, and that milestone has positioned the bank for growth, executives said.
Advertiser: Trellis
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
Expert insights. Personalized for you.
78 
Let's personalize your content