Perficient
JANUARY 25, 2023
2023 has commenced, and rates are climbing, inflation is bubbling, and banking customers are continuing to demand hyper-personalized products and experiences from their institutions. Here are five banking trends we’re forecasting for the new year. 1. Banks are focused on efficiency initiatives to optimize their operations and lower costs. Three prominent areas where there is a strong desire to optimize: Data.
Payments Dive
JANUARY 25, 2023
The largest department store in Mexico is carving out a niche in offering digital and physical debit cards, as well as remittance services, to people sending payments over the border.
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Banking Exchange
JANUARY 25, 2023
NY-based Signature hits out at media coverage while Silvergate Bank cuts headcount to manage costs Risk Management Digital Blockchain Bitcoin Cryptocurrency Feature Feature3
TheGuardian
JANUARY 25, 2023
My friend Michaela Bergman, who has died of cancer aged 60, was a social development expert whose work took her to more than 40 countries. At institutions such as the European Bank for Reconstruction and Development (EBRD) and the Asian Infrastructure Investment Bank (AIIB) she demonstrated amazing powers of persuasion, convincing policymakers in national governments, local authorities and the private sector to support projects that would deliver impact while safeguarding the livelihoods of wome
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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
Banking Exchange
JANUARY 25, 2023
Biggest regional banks should be held to same standard as the largest national institutions, says ICBA Community Banking Feature3 Feature Retail Banking Compliance Compliance/Regulatory
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Banking Exchange
JANUARY 25, 2023
It was the third straight week that mortgage demand grew Mortgage Credit Mortgage Mortgage/CRE Feature3 Feature The Economy
BankInovation
JANUARY 25, 2023
L&N Federal Credit Union has selected Jack Henry’s cloud-based Symitar platform to digitize the credit union as it grows its membership. The nearly $2 billion, Louisville, Ky.
ABA Community Banking
JANUARY 25, 2023
Meet ABA’s first class of Emerging Leader Award winners. The post The test of leadership appeared first on ABA Banking Journal.
BankInovation
JANUARY 25, 2023
Microsoft Corp. has resolved widespread problems with its online services, including Outlook and Teams, that it attributed to networking issues. Customers reported difficulties across multiple regions starting at 7:05 a.m. in London in accessing Microsoft 365 services, including email and videoconferencing tools, the company said in a statement.
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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
The Paypers
JANUARY 25, 2023
United States-based bank payments processing API provider Wafi has launched Wafi.cash to help merchants with Open Banking payments processing on ecommerce platforms.
BankInovation
JANUARY 25, 2023
Capital One reported higher technology-related expenses for the fourth quarter despite reducing its tech workforce as the company “continues to invest in its retail banking business,” Chief Executive Richard Fairbank said during Tuesday’s Q4 earnings call.
The Paypers
JANUARY 25, 2023
Unifiedpost has partnered with Munich Re , acting through Talaria One, to provide invoice financing to the users of Unifiedpost’s SME platform Banqup.
BankInovation
JANUARY 25, 2023
Microsoft posted increased revenue year over year in its fiscal second quarter driven by its commercial business, specifically Microsoft Cloud.
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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
JANUARY 25, 2023
Canada-based fintech Nuvei has announced that Colombia-based payment processor Redeban has integrated its Nuvei for Platforms embedded payments solution.
The Banker
JANUARY 25, 2023
Policy-makers are making a concerted effort to steer the financial sector away from supporting fossil fuel producers, creating opportunities for new lenders, but some worry about the impact on the global economy. Justin Pugsley reports.
The Paypers
JANUARY 25, 2023
The Central Bank of Bangladesh has piloted an interoperable payments system that enables customers of more than 15 banks to pay by scanning a QR code.
The Banker
JANUARY 25, 2023
With AML compliance at the top of the FCA’s enforcement agenda for this year, we highlight important focus points for banks and other regulated firms operating in the UK. By Ruby Hamid, Anthony Asindi, Matthew Russell and Tristan Bramble of law firm Ashurst.
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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.
Image Works Direct
JANUARY 25, 2023
When Mike Bridges needed a change in his career, he found a place where he felt like he was making a difference in people’s lives: Five Star Credit Union. As the VP of Marketing and Communications, Mike’s goal was to find a marketing company to work with that was interested in him, not just his money. That’s when he turned to image.works!
The Paypers
JANUARY 25, 2023
Online payments solution handling digital payments, AstroPay , has recently announced the launch of a Visa prepaid card in Peru issued by Tebca Peru, which will allow users to make purchases at any ecommerce store accepting Visa.
American Banker
JANUARY 25, 2023
The Paypers
JANUARY 25, 2023
Sweden-based fintech Klarna has launched a spending overview solution to offer consumers in the UK with insights into their spending habits and control over their finances.
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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
JANUARY 25, 2023
Digital identity solution provider Caf has launched a global platform to enable businesses to protect their users, create optimal digital experiences, and drive revenue.
The Financial Brand
JANUARY 25, 2023
This article Credit Cards Evolve Toward All-Purpose Financial Services Accounts appeared first on The Financial Brand. Personal loans & BNPL can increasingly be accessed via card accounts — among trends reshaping how consumers use this banking product. This article Credit Cards Evolve Toward All-Purpose Financial Services Accounts appeared first on The Financial Brand.
The Paypers
JANUARY 25, 2023
US-based B2B payments platform Melio has integrated with accounting software company Xero to enable SMEs to sync their accounts payable and Receivable data with Xero.
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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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