ATM Marketplace
APRIL 11, 2023
As the technical capabilities of ATMs have increased, so has the sophistication of physical and digital attacks looking to access the cash and consumer data that ATMs store. To protect ATMs, businesses must fully understand the current global and regional-specific threats to both physical and digital bank property.
Payments Dive
APRIL 11, 2023
The gaming payments service provider, previously part of processor Global Payments, aims to increase business by investing in technology and more staff.
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Perficient
APRIL 11, 2023
In our first blog in this series, Getting Started With Client Remediation (Part 1 of 3) , we discussed how to get a client remediation program started, what levels of an organization should be involved in the client remediation program, and how ultimately positive outcomes, such as lower risks, improved technology, and risk monitoring, may result from a successful client remediation program.
Payments Dive
APRIL 11, 2023
Visa will help connect PayPal and its Venmo unit via a new P2P tool that will also draw in other payments players, including DailyPay and Western Union.
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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
Gonzobanker
APRIL 11, 2023
Ticking these best practice boxes will help keep the monsters at bay on conversion day. It’s one of a banker’s worst nightmares: the digital banking conversion that was designed to improve the customer experience fails – locking users out of their accounts, not showing balances, making wire transfer features inaccessible… It recently happened to a $25 billion bank in the Midwest.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
CFPB Monitor
APRIL 11, 2023
On April 11, 2023, the Consumer Financial Protection Bureau Director Rohit Chopra spoke with the Washington Post regarding the banking industry after the failure of Silicon Valley Bank. Director Chopra, who is also a board member of the Federal Deposit Insurance Corporation, focused his messaging on the need to better educate consumers regarding when their deposits are and are not insured by the FDIC.
BankBazaar
APRIL 11, 2023
National, March 30, 2023: BankBazaar.com , India’s leading fintech co-branded Credit Card platform and online provider of free Credit Scores, closed FY23 with net revenue of ₹160 crore. The company grew its net revenue for FY23 by 60% over FY22 on the back of a 60% growth in its Credit Card issuances. The growth is driven by its completely paperless and contactless offering of digital-first, co-brand Credit Cards in partnership with leading banks that enable consumers to track and improve their
CFPB Monitor
APRIL 11, 2023
In a recent blog post , Professor Jeff Sovern contends that the case against consumer arbitration has been bolstered by the fact that a lawyer for the “conservative” Competitive Enterprise Institute made positive remarks about the importance of the Seventh Amendment right to a jury trial in testifying at a House Financial Services Committee hearing. .
William Mills
APRIL 11, 2023
By now you’re almost certainly familiar with the concept of generative AI and more specifically, OpenAI’s ChatGPT – what it is, what it isn’t, what it can (and can’t) do….yet. From its formal introduction late last year to now the release of the next generation, ChatGPT 4, generative AI and its potential impact on our society has consumed the attention of the media, the investment community, the business community, our political leaders, you name it.
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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
TheGuardian
APRIL 11, 2023
Fund is more cautious about world economic outlook after turmoil at Silicon Valley Bank and Credit Suisse UK economy on track to shrink this year, says IMF The collapse of Silicon Valley Bank in the US and the bailout of Credit Suisse in Switzerland have spooked the International Monetary Fund, denting its hopes that 2023 would see an end to the series of setbacks that have afflicted the global economy since Covid-19 was declared a pandemic about three years ago.
CB Insights
APRIL 11, 2023
The post What’s Next For Fintech?: Investment Trends to Watch appeared first on CB Insights Research.
BankInovation
APRIL 11, 2023
JPMorgan Chase is investing in quantum computing technologies research to discover its potential uses for deep hedging within financial services. Deep hedging can be used to efficiently learn the expectations and distribution of returns, offer improved performance and train quantum policies. The $3.
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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.
BankInovation
APRIL 11, 2023
The fall of Silicon Valley Bank has bank clients looking to financial institutions for deposit security, and banks must have the technology to bring peace of mind to clients.
The Financial Brand
APRIL 11, 2023
This article Why Bankers Need to Become PR Preppers appeared first on The Financial Brand. There are crises in banking that can become confidences threats to any bank. When the need strikes, as it did in March, leaders cannot be flatfooted with no groundwork ready to engage the public. This article Why Bankers Need to Become PR Preppers appeared first on The Financial Brand.
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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.
The Financial Brand
APRIL 11, 2023
This article You’ve Adopted Digital Loan Applications. Here’s How to Avoid Alienating Would-Be Borrowers appeared first on The Financial Brand. Online loan applications that route too many applicants to manual paths are digital anti- marketing tools. Here are three fixes. This article You’ve Adopted Digital Loan Applications. Here’s How to Avoid Alienating Would-Be Borrowers appeared first on The Financial Brand.
The Financial Brand
APRIL 11, 2023
This article You’ve Adopted Digital Loan Applications. Here’s How to Avoid Alienating Would-Be Borrowers appeared first on The Financial Brand. Online loan applications that route too many applicants to manual paths are digital anti- marketing tools. Here are three fixes. This article You’ve Adopted Digital Loan Applications. Here’s How to Avoid Alienating Would-Be Borrowers appeared first on The Financial Brand.
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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.
FICO
APRIL 11, 2023
Home Blog FICO Are Student Loan Holders at Risk as Deferments Expire? Factors driving credit score decreases observed among student loan holders involved behaviors such as delinquency on credit products including bankcards, auto loans, and mortgages Saxon Shirley Thu, 05/12/2022 - 07:46 by Paul Panichelli expand_less Back To Top Tue, 04/11/2023 - 15:00 As many federal student loan holders exit accommodations made during the pandemic period to suspend student loan payments, they are now faced wit
American Banker
APRIL 11, 2023
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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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