William Mills
JUNE 13, 2024
While technologies come and go, AI is making seismic waves, permeating every corner of the business world. No longer a futuristic concept but a present-day reality, AI is seamlessly integrating into various sectors with remarkable efficacy. As we continue to witness AI reshaping industries and the future itself, it’s important we do a deep dive into its profound implications for society and work.
Payments Dive
JUNE 13, 2024
The tech giant will allow installment plans from Affirm, as well from certain debit and credit cards, onto Apple Pay alongside its own BNPL service.
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Accenture
JUNE 13, 2024
In May of 2024, the Aurora Borealis, also known as the Northern Lights were on full display for the largest proportion of the United States in decades. The Northern Lights are caused by geomagnetic flairs or “solar storms” from the sun, which can lead to extremely disruptive events on Earth. In 2003, an extreme solar… The post Key considerations for North American retail banks amid ongoing uncertainty appeared first on Accenture Banking Blog.
Payments Dive
JUNE 13, 2024
Startup Fizz is marketing itself as a company helping college students build credit and manage daily spending.
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Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.
American Banker
JUNE 13, 2024
PNC has cut its credit card late fees to $8, and Wells Fargo has eliminated the charges on one new card. The moves signal that issuers are already adjusting to a CFPB rule that's currently on hold amid a court challenge.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
American Banker
JUNE 13, 2024
Legislation enabling new banklike stablecoin issuers would create direct competition for deposits, with small U.S. banks in the most danger. Where is the pushback from the industry?
BankInovation
JUNE 13, 2024
NEW YORK — JPMorgan Chase is deploying AI to help investors research the likeability and growth trajectory of companies. The $3.
American Banker
JUNE 13, 2024
Long-time payments chief Takis Georgakopoulos is leaving the bank. New co-heads Umar Farooq and Max Neurkirchen are inheriting a powerhouse, but they face lots of challenges.
The Paypers
JUNE 13, 2024
Vistra , a provider of business services, and Fenergo , a company specialising in fraud management, have announced a collaboration to enhance global onboarding processes.
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Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.
American Banker
JUNE 13, 2024
The bank said it would reduce its physical footprint by nearly 15% as part of an effort to reduce overlapping operations, drive cost savings and meet profitability targets tied to its May acquisition of Lakeland Bancorp.
The Paypers
JUNE 13, 2024
Moldindconbank , a major financial institution in Moldova, has partnered with Open Banking solutions provider Salt Edge to comply with Moldova's PSD2 legislation.
American Banker
JUNE 13, 2024
From updates in mortgage-related court cases, to developments in AI and policy, here are the most-read stories from National Mortgage News over the past week.
The Paypers
JUNE 13, 2024
UK-based financial technology company Muse Finance has announced the launch of musePay, the firm’s BNPL integration with Xero , supported by Allianz Trade.
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Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be
American Banker
JUNE 13, 2024
As high interest rates continue weighing on banks' balance sheets, some are selling branches to real estate firms and leasing them back. The strategy is helping lenders that want to restructure their underwater bond portfolios.
The Paypers
JUNE 13, 2024
Global provider of compliance and payments solutions Eastnets has announced the launch of Instant Payments Access as a Service for SEPA Credit Transfers Instant.
American Banker
JUNE 13, 2024
The tech companies are building generative AI into the next generation of their smartphone operating systems.
The Paypers
JUNE 13, 2024
The FCA has imposed restrictions on AstroPay preventing it from providing payment services or accepting new customer funds without prior written approval.
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Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w
American Banker
JUNE 13, 2024
President Joe Biden also nominated fellow Commodity Futures Trade Commission board member Kristin Johnson to a top bank regulatory post at the Treasury Department.
The Paypers
JUNE 13, 2024
Bureau has announced its partnership with India-based digital banking infrastructure provider M2P Fintech in order to combat digital transaction fraud.
The Financial Brand
JUNE 13, 2024
This article Even as Financial Worries Grow, U.S. Consumers Keep Using Credit Cards appeared first on The Financial Brand. Inflation keeps many Americans relying more and more on credit cards to get by. Meanwhile, lenders favor super prime borrowers. This article Even as Financial Worries Grow, U.S. Consumers Keep Using Credit Cards appeared first on The Financial Brand.
The Paypers
JUNE 13, 2024
Egyptian fintech company Sahl has announced the raise of USD 6 million in Series A funding round in order to accelerate its expansion in Saudi Arabia.
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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.
American Banker
JUNE 13, 2024
Consumer Financial Protection Bureau Director Rohit Chopra touted the bureau's work on data privacy and open banking, and asked that lawmakers on both sides of the aisle pursue legislation to further consumer protections.
The Paypers
JUNE 13, 2024
Xpence and Neoleap have announced the launch of new Xpence corporate Visa cards, in order to accelerate the development of Saudi SMEs and corporates.
The Financial Brand
JUNE 13, 2024
This article Banking as a Service Isn’t Over. It’s the End of the Beginning. appeared first on The Financial Brand. Viewpoint: For fintechs and their bank partners, federal consent orders signal a path to regulatory clarity. This article Banking as a Service Isn’t Over. It’s the End of the Beginning. appeared first on The Financial Brand.
American Banker
JUNE 13, 2024
Markets appeared to welcome signs of future rate relief, with the latest Freddie Mac average falling for the fifth time in six weeks.
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Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se
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