TheGuardian
MARCH 17, 2023
In today’s newsletter: We’re far from financial crisis territory, but share crashes have caused some fright in the markets. This is why Sign up here for our daily newsletter, First Edition Good morning.
Perficient
MARCH 17, 2023
In the Bronx, NY in April of 1998, it was the best of times, and it was the worst of times. The Yankees had won a World Series two seasons prior and had started their 1998 season with their young shortstop, Derek Jeter, on his way to his first All-Star game.
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Payments Dive
MARCH 17, 2023
As buy now, pay later use rises, consumers are learning about the payment option at checkout, more so than from social media or family and friends
ATM Marketplace
MARCH 17, 2023
In a world of increasing competition for customers with neobanks and major staffing challenges at the branch level, banks need to find ways to reduce costs. One method gaining popularity is cash recycling
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The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers.
Payments Dive
MARCH 17, 2023
After a week of several high-profile bank failures and near-failures, some fintechs don’t see jumping ship as an option
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
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American Banker
MARCH 17, 2023
Regulation and compliance Politics and policy Banking Crisis 2023
TheGuardian
MARCH 17, 2023
Complaint claims bank made ‘materially false and misleading statements’ in 2021 annual report Business live – latest updates How to understand Credit Suisse, SVB and fears of a new crisis US investors in Credit Suisse have hit the beleaguered Swiss bank with legal action, claiming that it overstated its prospects before this week’s shares crash.
TheGuardian
MARCH 17, 2023
Global shares rise as $30bn lifeline for US bank eases fears of imminent collapse and US Treasury Secretary Janet Yellen says US banking system ‘is sound’ BP is the top riser on the FTSE 100, up nearly 4%, as oil prices have strengthened, with Brent crude, the global benchmark, rising to $75 a barrel. Shell is 3.2%
Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy
This exclusive webinar with Ryan McInerny will teach you all about cryptocurrency and NFTs! Register to learn more about identifying crypto transactions, crypto asset market trends, managing risk and compliance, and supporting customers and partners using crypto-based payments.
American Banker
MARCH 17, 2023
Fintech Career advancement Technology
TheGuardian
MARCH 17, 2023
SVB Financial Group files for chapter 11 protection but failed Silicon Valley Bank, now under FDIC control, is not part of it Silicon Valley Bank’s parent company filed for bankruptcy protection on Friday, a week after the tech lender was taken over by federal regulators following a 36-hour surge of depositor withdrawals that triggered the worst bank collapse since the financial crisis.
American Banker
MARCH 17, 2023
Phishing Cyber security Banking Crisis 2023
CFPB Monitor
MARCH 17, 2023
The U.S. Chamber of Commerce’s recent publication of an 80-page report titled “ Mass Arbitration Shakedown: Coercing Unjustified Settlements ” has fanned the flames on an already heated debate between consumer advocates and industry lawyers over the propriety of mass arbitrations.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
The office of the CFO is rapidly evolving, with more and more demands being placed upon the finance and accounting team each year. Join us in this webinar, where we share 8 things NOT to do when it comes to helping the CFO office support the business.
TheGuardian
MARCH 17, 2023
Banking system is reeling from a series of shocks but is in better shape than at time of 2008 crash The global banking system is reeling from a series of shocks over the past week, prompted by the collapse of California’s Silicon Valley Bank. That has stoked fears that this is the start of another banking crisis, posing big questions for central banks as they try to fight inflation while ensuring financial stability. Continue reading.
TheGuardian
MARCH 17, 2023
Student debts and underwater mortgages are private burdens, but corporate losses are matters of urgent public interest Silicon Valley Bank was supposedly the type of institution that would never need a government bailout – right until its backers spent three days on social media demanding one, and then promptly receiving it, after the bank’s spectacular collapse last week.
BankInovation
MARCH 17, 2023
Envestnet is rushing to release a product Monday that is designed to help financial institutions avoid a “Silicon Valley Bank situation.”
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With today's market as it is, where should lenders shift focus? We’ll address 4 emerging products for 2023 and tell you the ‘why and the how’ including several lender use cases. Get the Guide
TheGuardian
MARCH 17, 2023
Lifelines handed to Swiss bank and US regional bank First Republic fail to ease investor concerns Silicon Valley Bank’s parent company files for bankruptcy Credit Suisse hit by legal action from US investors Credit Suisse shares came under renewed pressure on Friday, despite fresh attempts by central banks and politicians to calm fears about a crisis in the global banking industry sparked by the collapse of two US banks this week.
BankInovation
MARCH 17, 2023
LONDON — Morgan Stanley is changing the way it looks at inclusivity and diversity in financial services through its Inclusive Ventures Lab. “We
TheGuardian
MARCH 17, 2023
The troubled bank continued to see its price fall despite a $54bn cash infusion from the Swiss national bank Swiss banking giant UBS is in discussions to take over all or part of Credit Suisse, it was reported late Friday, after a day in which the troubled banking giant continued to see its share price fall despite a $54bn cash injection on Thursday.
BankInovation
MARCH 17, 2023
LONDON — HSBC acquired Silicon Valley Bank UK earlier this week, but will those tech clients stay with HSBC or will they turn to neobanks? That was a question from Chris Skinner, chief executive of The Finanser, on Tuesday at the FinovateEurope event in London.
Speaker: Alex Jiménez, Managing Principal, Financial Service Consulting for EPAM
The largest banks have increased reserves for protection against deteriorating economic conditions. Should banks delay their digital transformation investments and focus on cost reductions? In this webinar, Alex Jiménez will walk us through that question and examine the prudent course of action.
American Banker
MARCH 17, 2023
M&A Regulation and compliance Banking Crisis 2023
BankInovation
MARCH 17, 2023
March 17, 2023 Dear Reader, Royal Media has embarked on an experiment to incorporate artificial intelligence into our editorial endeavors. This is an exciting initiative for us, although we recognize that it comes with uncertainty.
American Banker
MARCH 17, 2023
Regulation and compliance Politics and policy Banking Crisis 2023
Dataconomy
MARCH 17, 2023
Komo AI has started to gain traction due to its many useful features. A chatbot, social search, and conventional search are all available through Komo AI. So the question is, can it be an alternative to Bing AI? The rise of AI search engines continues! Generative AI has been changing our habits in various areas […] News Artificial Intelligence AI artificial intelligence
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