Early Warning launches campaign to warn seniors
Payments Dive
JUNE 5, 2024
The parent to payments service Zelle aims to inform seniors about scams as it faces congressional scrutiny over its fraud reimbursement practices.
Wed.Jun 05, 2024
195 
Here is the Future of Bank ROE and What to Do About It
South State Correspondent
JUNE 5, 2024
The average return on equity (ROE) for the banking industry declined to 11.10% in Q1/24 (a 23 percent decline in the last year). For banks under $10B in assets, ROE declined to 10.53% in Q1/24 (an 11% decline in the last year). The typical published analysis considers the industry in aggregate which conflates the challenges and opportunities at community banks (those under $10B in assets).
Join 23,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
Pot payments players crave federal reforms
Payments Dive
JUNE 5, 2024
The Safer Banking Act and federal rescheduling of marijuana could simplify transactions for payments companies doing business in the arena.
ING implements gen AI for know your customer processes
BankInovation
JUNE 5, 2024
AMSTERDAM — ING is using generative AI in its know-your-customer processes to boost productivity for its data analysts and improve the client experience. The generative AI efforts for KYC have both an operational and client benefit, Marnix van Stiphout, chief operating officer and chief technology officer ad interim at 976 billion euros ($1.
Commercial Lenders, Playing It Safe Is the Real Risk
Advertisement
Why Legacy Lending Workflows Are Costing You More Than You Think Legacy systems and manual workflows might feel familiar, but they come with growing risks—compliance gaps, costly delays, and lost opportunities. This guide breaks down why clinging to traditional processes is no longer sustainable and how automation can help lenders regain control, improve efficiency, and reduce risk across the closing process.
CommunityAmerica Credit Union adopts new robo advisory tool
American Banker
JUNE 5, 2024
The Kansas financial institution is using Copper Financial's Guided Investing product that matches members to predesigned portfolios that suit their risk profile.
Sign up to get articles personalized to your interests!
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
More Trending
Overly formulaic AML compliance is bad for immigrants, and for banks
American Banker
JUNE 5, 2024
For a country that relies on the energy and drive of immigrants to the extent that the U.S. does, it's surprisingly hard for them to get bank accounts. It's time to reassess what we mean by money-laundering risks.
Eurozone business activity grows as expected ECB interest rate cut looms
TheGuardian
JUNE 5, 2024
A 25 percentage point cut to main lending rate is forecast amid growth in Germany, Italy and Spain Business activity grew across the eurozone at the fastest rate in a year in May while inflation cooled, according to data that will be welcomed by the European Central Bank (ECB) in advance of expected interest rate cuts tomorrow. The latest HCOB purchasing managers’ index (PMI) data, compiled by S&P Global, showed private sector output expanded in most economies covered by the euro currency af
eBay to block American Express cards, citing high swipe fees
American Banker
JUNE 5, 2024
The e-commerce firm will no longer accept Amex credit cards globally beginning in August, citing the card network's higher-than-average cost of acceptance.
Ripple partners Clear Junction for cross-border payments
The Paypers
JUNE 5, 2024
Ripple has announced a new partnership with Clear Junction , a global provider of cross-border payment solutions for regulated institutions.
Leverage Trellis Court Data To Identify More Investment Opportunities
Advertiser: Trellis
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
U.S. Bancorp splits new president's former duties between two executives
American Banker
JUNE 5, 2024
A month after Gunjan Kedia was named the company's president, the Minneapolis firm has promoted Stephen Philipson and Felicia La Forgia into new roles that will cover Kedia's former duties.
House subcommittee budgets $276 million for CDFI Fund in draft appropriations nill
ABA Community Banking
JUNE 5, 2024
A House subcommittee budgeted $276.6 million for the Community Development Financial Institutions Fund in its draft fiscal year 2025 appropriations bill, according to the CDFI Coalition. The post House subcommittee budgets $276 million for CDFI Fund in draft appropriations nill appeared first on ABA Banking Journal.
Mastercard expands palm checkout, 'King's cash' gets slow rollout
American Banker
JUNE 5, 2024
Mastercard launches palm checkout in Uruguay, the U.K. commits to a gradual rollout of King Charles banknotes starting this week, and more.
Sumsub enters the Mastercard Engage Partner Program
The Paypers
JUNE 5, 2024
Global full-cycle verification platform Sumsub has announced that it entered the Mastercard Engage Partner Program to mitigate fraudulent activities.
State of AI in Sales & Marketing 2025
Advertiser: ZoomInfo
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Hybrid work is here to stay. Here's how to make the most of it.
American Banker
JUNE 5, 2024
Fifty-seven percent of financial services firms now operate on a hybrid basis, according to new research from American Banker. Some banks are finding ways to maximize the positive aspects and minimize the negative ones.
TrueLayer partners with emerchantpay
The Paypers
JUNE 5, 2024
UK-based TrueLayer has entered a strategic collaboration with emerchantpay to provide payments by bank transfer for merchants across the region and Europe.
Michigan-based credit union to acquire Florida bank
American Banker
JUNE 5, 2024
ELGA Credit Union said it plans to acquire Marine Bank & Trust in an all-cash deal. The combination marks the 12th of the year involving a credit union buying a bank, keeping the industry on pace to establish a new record for such deals.
Sift launches RiskWatch
The Paypers
JUNE 5, 2024
US-based fraud detection provider Sift has announced the launch of RiskWatch, a patent-pending product that aims to simplify risk decisioning for digital businesses.
Book of Secrets on the Month-End Close
Advertisement
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
How Much Do Online Reviews Matter to Banking Decisions? A Whole Lot.
The Financial Brand
JUNE 5, 2024
This article How Much Do Online Reviews Matter to Banking Decisions? A Whole Lot. appeared first on The Financial Brand. Almost 90% of banking consumers say they consult user-generated online reviews to make their banking decisions. This article How Much Do Online Reviews Matter to Banking Decisions? A Whole Lot. appeared first on The Financial Brand.
iPiD closes oversubscribed USD 5.3 mln Pre-Series A round
The Paypers
JUNE 5, 2024
International Payment Identity (iPiD) has secured USD 5.3 million in a Pre-Series A funding round to augment global payments with advances Verification of Payee solutions.
Bridging the Generational Gap: How Banks and CMOs Can Tackle Communication Challenges
The Financial Brand
JUNE 5, 2024
This article Bridging the Generational Gap: How Banks and CMOs Can Tackle Communication Challenges appeared first on The Financial Brand. Understanding how each employee communicates is key to having a staff full of happier, more effective workers. This article Bridging the Generational Gap: How Banks and CMOs Can Tackle Communication Challenges appeared first on The Financial Brand.
Plain Numbers and Visa join forces for UK financial inclusivity
The Paypers
JUNE 5, 2024
UK-based consultancy company Plain Numbers has partnered with Visa to bring enhanced financial inclusion and design in government disbursements.
The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report
Advertiser: ZoomInfo
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
CFPB’s Foray into BNPL Regulation Stirs Ire and Interest
The Financial Brand
JUNE 5, 2024
This article CFPB’s Foray into BNPL Regulation Stirs Ire and Interest appeared first on The Financial Brand. The bureau's 'interpretive rule' used a regulatory fast pass to get on the books ahead of the election cycle. Will it work? This article CFPB’s Foray into BNPL Regulation Stirs Ire and Interest appeared first on The Financial Brand.
Remote taps Nium to enhance its international payroll capabilities
The Paypers
JUNE 5, 2024
US-based global HR platform Remote has selected payments provider Nium to enhance its international payroll capabilities.
Put the Right Players in the Right Seats For Loan Growth [VIDEO]
The Emmerich Group
JUNE 5, 2024
I believe quality loan growth is one of the top three drivers of sustainable profitability for banks. What if you could restructure your lending department and increase the productivity per lender by 30 to 40% or more within 12 months. Now if you’re the kind of leader who thinks your team kicks butt and takes names at securing quality loans at extreme premium pricing, and you’re sure it’s because of your teams execution of a particular and predictable success system, not driven by t
FIS Launches Climate Risk Financial Modeler
The Paypers
JUNE 5, 2024
FIS has announced the launch of a Climate Risk Financial Modeler, aiming to help clients assess, reduce, and report risks that are tied to climate change.
Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100
Advertisement
Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
Let's personalize your content