Fri.Aug 06, 2021

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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

How can community financial institutions thrive in 2021? Community banks provide unique and important banking services for their customers, but they also face significant obstacles. Would you like other articles like this in your inbox? Takeaway 1 Community banks play an important role in the economy and their communities, but they face significant obstacles.

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BIS proposes cross-border payment solution

BankInovation

The Bank for International Settlements (BIS) released a proposal this week that aims to break down obstacles to international payments presented by technology differences. Until now, instant transactions made from a sender in one country to a recipient in another have been plagued by tech challenges. While Instant Payment Systems (IPS) like Zelle and Venmo […].

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2 tips for designing a customer-centric ATM UI

ATM Marketplace

If you want to have an effective ATM UI, here are two tips for success.

ATM 144
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Small bank seeds green lending with assist from fintech

American Banker

Lending 101
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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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

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Singapore leads in cleaning up the crypto industry

The Banker

The regulator’s ‘in-principle’ approval of a cryptocurrency exchange is part of a global push to tackle fraud and scams in cryptoassets.

More Trending

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Computop certified according to ISO-27001

The Paypers

Computop has elected to be certified according to ISO-27001, proving its security with the ISO 27001 certificate and being a PCI-certified network operator.

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Plaid settles class-action lawsuit for $58 million

American Banker

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Apple Cash Instant Transfer now works with Mastercard debit cards

The Paypers

Apple Cash , Apple's peer-to-peer payments service that works with Apple Pay and iMessage, has received a couple of updates.

Apple 36
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Two education-focused California credit unions to merge

American Banker

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The State of Automation in Financial Services 2024 Report

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

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Red River Bank selects Teslar Sofware's loan origination platform

The Paypers

Red River Bank has selected Teslar Software ’s end-to-end loan origination platform, allowing the bank to streamline and automate the lending process for all types of loans.

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Fed sets big-bank capital requirements following stress tests

American Banker

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BRZ and Solana announce USD 20 mln fund for crypto projects in Brazil

The Paypers

The stable coin BRZ (a cryptocurrency backed by the Brazilian real) and the blockchain Solana Foundation have announced a USD 20 million fund to finance crypto projects in Brazil.

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Facebook learns from its mistakes in payments

American Banker

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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.

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Self-governing Open Finance body will be ready this year in the Phillipines

The Paypers

The Philipinnes’ central bank has announced that the creation of an Open Finance Oversight Committee (OFOC) will be completed within 2021 to adopt, update and enforce the rules of conduct of an Open Finance system.

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Brex withdraws applications for industrial bank

American Banker

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Veriff and Joyride team up to combat mobility fraud

The Paypers

Estonia-based identity verification company Veriff has partnered with micromobility operator Joyride , headquartered in Canada, to improve the latter’s fraud prevention system.

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For card issuers, Fed's Durbin proposal sows confusion

American Banker

Cards 54
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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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Zipmex partners Visa to launch payment card

The Paypers

Zipmex , a digital asset platform, has announced a strategic partnership to take advantage of the combined strength of Zipmex and Visa ’s global payments platform and network.

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JPMorgan brings back its mask mandate for vaccinated employees

American Banker

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Float, Mono to help businesses manage and boost cash flow in Africa

The Paypers

Float has partnered with Mono to ease credit needs with collateral-free revenue advances and give small and medium Africa-based businesses the leverage to pursue growth.

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CFPB Issues TILA Guidance on Juneteenth Federal Holiday

CFPB Monitor

As previously reported , the creation on June 17, 2021 of the Juneteenth National Independence Day resulted in an important change under the Truth in Lending Act (TILA) and Regulation Z. The CFPB recently issued an interpretive rule to address certain issues based on the change. There is a specific definition of “business day” under Regulation Z for certain purposes, including the right of rescission period, the waiting periods that apply to the TRID rule disclosures, the period after which cons

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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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.

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Sensibill teams up with CAARY

The Paypers

Sensibill , a provider of financial tools, and CAARY , a credit and financial platform for small and medium-sized enterprises (SMEs), have announced their partnership.

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Millennial, Gen Z Muslims would adopt Islamic banking if it were more accessible

The Paypers

More than half of young Islamic finance customers would adopt Islamic banking if it were more accessible, according to a report from Mambu , a cloud banking platform.

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Apis Partners invests USD 32 mln in Indonesia digital payments firm

The Paypers

UK-based private equity asset manager Apis Partners has invested USD 32 million in DOKU , a digital payments company owned by Emtek Group, based in Indonesia.

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Bank Alfalah reveals ecommerce payments gateway

The Paypers

Pakistan-based premier financial institution Bank Alfalah has introduced a secure and innovative online payment gateway for a variety of ecommerce needs.

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.