Accenture

DECEMBER 15, 2021

The fintech revolution is here: Over $34 billion of venture-capital funding went to fintechs in the second quarter of 2021. As technology continues to disrupt the traditional way of doing things and innovation moves at an increasing pace—some say a “frenetic” pace—the leaders of the financial services industry will need to move fast to respond.…. The post Innovation with techquisition: Getting it right appeared first on Accenture Banking Blog.

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Innovation Fintech Capital Industry 379

Perficient

DECEMBER 15, 2021

Bank of America is ready to compete with Venmo by introducing a Zelle widget. The Zelle widget can be added to the home screen of a mobile device, similar to a weather widget, so that bank customers can send money. While the widget eliminates the need to open BofA’s mobile banking app, users must have the BofA mobile app installed and authenticate their identity through biometrics or passwords.

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Accenture

DECEMBER 15, 2021

As a child of the ’80s, I loved the “choose your own adventure” books. The idea that, as a child, I could control the outcome of the story I was reading was simply mind-blowing. Therefore, with ’80s-themed nostalgia seemingly everywhere at the moment, I thought I would add my own personal ’80s reference and apply…. The post Choose your own adventure: A digital lending story appeared first on Accenture Banking Blog.

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Lending Customer Experience Digital Banking 284

BankUnderground

DECEMBER 15, 2021

Before Bank Underground goes off on its Christmas holidays, it’s time for the Annual Bank Underground Christmas Quiz! We hope you enjoy testing your knowledge on our festive themed questions on economics, finance and all things central banking…. 1) The G-funk classic ‘Regulate’ was a 1994 hit for whom? Please view this post in your web browser to complete the quiz. 2) Ebenezer Scrooge’s creditworthiness at which Square Mile financial institution is mentioned in the opening lines of Charles Dicke

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Maine National Regulation Groups 104

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

US

TheGuardian

DECEMBER 15, 2021

If a bank involved in initiative decides to close a branch, it will inform ATM network Link Major UK banks have agreed to join forces and share services to help people and businesses to continue to be able to access cash. Barclays, HSBC UK, Lloyds Banking Group, Nationwide building society, NatWest, Santander UK, TSB and Danske Bank have agreed to the new approach, with some other firms also considering joining up.

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ATM Groups 98

Banking Exchange

DECEMBER 15, 2021

Small businesses rely heavily on loans or lines of credit for capital funding, research suggests Community Banking Feature3 Feature Financial Trends Lines of Business PPP Small Business.

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Capital Community Bank Data Community 78

CFPB Monitor

DECEMBER 15, 2021

In the last two weeks, both the CFPB and OCC have been critical of bank overdraft practices and the CFPB has warned of enhanced supervisory and enforcement scrutiny. The potential costly impact that such increased scrutiny could have on private litigation is demonstrated by the recent proposed settlement in Lowe v. NBT Bank, N.A. , a class action lawsuit pending in a New York federal district court.

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Banking Exchange

DECEMBER 15, 2021

US central bank’s review into the collapse of the hedge fudge could lead to further action, Fed warns Compliance Compliance Management Compliance/Regulatory Feature3 Feature Risk Management.

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Risk Management Compliance Management US 78

Jeff For Banks

DECEMBER 15, 2021

Chris Nichols from Southstate Bank Correspondent Bank Division recently wrote an excellent piece about branch profitability, a subject near and dear to my heart because it is one of our core competencies at my firm, The Kafafian Group, Inc. In that piece, titled Branch Profitability in 7 Steps Using Data, Step 1 was start with Potential Branch Profitability.

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Regional Management Guidelines Retail 78

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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

Lending

Banking Exchange

DECEMBER 15, 2021

Funds support programs that promote financial inclusion and access to services Community Banking Feature3 Feature Duties Inclusion Human Rights Small Business.

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Regional Community Bank Community 78

TheGuardian

DECEMBER 15, 2021

While finance sector is in a position to manage climate change risks, cyber attacks are rising in frequency, reserve bank says Follow our Australia news live blog for the latest updates Get our free news app ; get our morning email briefing Climate change risk and cyber attacks could have “devastating” consequences for Australia’s financial system, the reserve bank has warned.

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System Conference Management Online 83

Banking Exchange

DECEMBER 15, 2021

Roadmap on digital asset investment and regulation to be released next year Technology Feature3 Feature Financial Trends Digital Cryptocurrency Bitcoin.

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Regulation Bitcoin cryptocurrency Trends 78

ABA Community Banking

DECEMBER 15, 2021

In the wake of the devastating tornadoes that struck Kentucky and other mid-South states over the weekend, the ABA Foundation has partnered with the Kentucky Bankers Association to support relief efforts. At KBA’s request, the ABA Foundation is collecting donations from across the country to support the Kentucky Bankers Relief Fund. One hundred percent of [.].

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Kentucky Community Bank Community 105

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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

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BankBazaar

DECEMBER 15, 2021

The armed forces are the epitome of dedication and discipline. Here’s how you can get inspired by them and inculcate those values in your personal finances. On the occasion of Vijay Diwas, we salute our armed forces, martyrs, and war veterans in remembrance of all the sacrifices they make – to this day. As we celebrate victory and liberation, let us also take inspiration towards leading a life with dedication and discipline to attain financial freedom. .

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Exercises US National Management 78

The Emmerich Group

DECEMBER 15, 2021

This last year was brutal for NIM compression at most community banks. And yet it was understandable, and it reconciled with some nice PPP fee income that drove up the profits of many banks. However, bank boards are now more than a little concerned. Since fee income from PPP won’t be there in 2022, they. Continue Reading. The post Profitable Bank Differentiation: How Top Banks Rise Above the Rest appeared first on Roxanne Emmerich.

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Community Bank Community Marketing 68

BankDeals

DECEMBER 15, 2021

Alliant Credit Union (easy membership) has extended its $100 Ultimate Opportunity Savings bonus availability through December 31, 2021.

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CB Insights

DECEMBER 15, 2021

Airtable , a workplace productivity startup, has raised $735M in a Series F round that drew participation from Benchmark, Salesforce Ventures, D1 Capital Partners, MSD Capital, Thrive Capital, and Franklin Templeton, among others. HOW’S THE COMPANY PERFORMING? California-based Airtable enables finance, marketing, and other non-technical teams to create workplace applications that meet their various needs — such as spreadsheet creation, content calendar management, and inventory track

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California Capital Meeting Management 61

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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.

Lending

ATM Marketplace

DECEMBER 15, 2021

The UNO-8 is a small, compact EMV Certified Contactless NFC Reader that offers unique features & benefits to address the growing demand for NFC payment devices for any environment.

Payments 53

Payments 53

The Paypers

DECEMBER 15, 2021

Qatar-headquartered multinational telecommunications company Ooredoo and global tech i2c have announced their partnership to launch the first digital payment initiative in Qatar.

Payments 50

Payments Company 50

American Banker

DECEMBER 15, 2021

Lending 101

Lending Regulation Policies 101

The Paypers

DECEMBER 15, 2021

UK-based payments platform Loyalize has teamed with Digital-First Retail (DFR) to help augment payment and loyalty options across its portfolio of UK retail brands.

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Retail Branding Payments 41

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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.

Lending

American Banker

DECEMBER 15, 2021

Kentucky 101

Kentucky Community Bank Community 101

The Paypers

DECEMBER 15, 2021

US-based Bitcoin firm NYDIG (formerly known as New York Digital Investment Group) has raised USD 1 billion at a valuation of more than USD 7 billion.

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New York Bitcoin Groups US 41

American Banker

DECEMBER 15, 2021

Policies 86

Policies Regulation Compliance 86

The Financial Brand

DECEMBER 15, 2021

From BNPL to super apps to real-time trends, payments will send bankers to their pain relievers of choice. But there's also opportunity. The post 7 Major Payment Trends that Will Shake Up Banking in 2022 appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Trends Payments Banking Trends Analysis 43

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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.

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