SWBC's LenderHub
SEPTEMBER 27, 2021
Last Week. We started last week in a panic over Chinese real estate conglomerate Evergrande’s impending doom and ended the week back in our happy place as Wednesday’s FOMC meeting pronouncement and press conference soothed nerves. In addition, the Chinese government took some steps to keep Evergrande from a “Lehman-Style Event”. Stocks plunged Monday and Treasury notes caught a flight to quality bid.
BankInovation
SEPTEMBER 27, 2021
Miami this month became the first U.S. city to use cryptocurrency to help bankroll its budget, but other cities may soon choose to follow if this new way of using crypto technology takes hold. The Miami city commissioners voted Sept. 13 to accept a gift of 30% of the revenue generated from MiamiCoin cryptocurrency, valued […].
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CFPB Monitor
SEPTEMBER 27, 2021
Last week, the CFPB announced the appointment of new members to its Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). Committee members serve two-year terms. The Bureau’s press release lists the names of 14 new CAB members, 8 new CBAC members, 8 new CUAC members, and 5 new ARC members. .
BankInovation
SEPTEMBER 27, 2021
When it comes to core providers, Temenos edged out six others as the “best in class vendor” in a matrix released last week. The Aite-Novarica Group released its Aite Matrix: U.S. Digital Banking Solutions of CoreProviders ranks vendors by overall competitive position, stability, client strength, product features and client services. Temenos “has been able to […].
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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
ABA Community Banking
SEPTEMBER 27, 2021
The American Bankers Association honored six banks today with its Brand Slam awards for bank marketing, judged by a panel of 73 Certified Financial Marketing Professional volunteers. The post ABA Honors Six Banks With Brand Slam Marketing Awards appeared first on ABA Banking Journal.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
ATM Marketplace
SEPTEMBER 27, 2021
View the ATM/ITM/TCR, drive-up banking, video surveillance, coin & currency, digital & video banking, cash logistics and asset protection products and services QSI offers.
BankDeals
SEPTEMBER 27, 2021
Luana Savings Bank is currently offering very competitive rates on its nationally available 6-month Certificate Special for deposit levels of $50k and $100k.
CB Insights
SEPTEMBER 27, 2021
Ocrolus , an automation platform for the analysis of financial documents, has raised $80M in a Series C round. The round drew participation from Fin Venture Capital, Mubadala Capital, QED Investors, RiverPark Ventures, and Thomvest Ventures, among others. How’s the company performing? New York-based Ocrolus’ automation platform uses OCR (optical character recognition), AI, and big data technology to classify financial documents, detect fraud, and analyze cash flows.
ATM Marketplace
SEPTEMBER 27, 2021
QSI offers complete ITM solutions. We're the #1 financial partner for NCR with over 1,200 ITMs deployed for more than 80 customers.
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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
SEPTEMBER 27, 2021
Building society launches pre-payment hotline after bank-transfer scams rise sharply during pandemic Technology, telecoms and social media companies should take more responsibility for stopping scams as the problem reaches “epidemic proportions”, the UK’s biggest building society has warned. Cases of authorised push-payment fraud, where victims are persuaded to pay money into a criminal’s account, have risen sharply since the Covid pandemic began, with banks last week revealing that losses from
The Paypers
SEPTEMBER 27, 2021
Wise , a UK-based multi-currency accounts and international transfer company, has been approved to join the New Payments Platform (NPP) as a participant and shareholder.
American Banker
SEPTEMBER 27, 2021
The Paypers
SEPTEMBER 27, 2021
Tradeteq has partnered with eXchange inFinite (XinFin) to offer tokenised trade finance products to institutional investors and has completed its first transaction.
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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.
The Paypers
SEPTEMBER 27, 2021
UK-based local payments infrastructure provider PPRO has announced its integration of the PayPal Commerce Platform.
The Paypers
SEPTEMBER 27, 2021
Italy-based digital payments network NEXI has announced working with the European Central Bank (ECB) to contribute to developing the region’s central bank digital currency (CBDC).
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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.
American Banker
SEPTEMBER 27, 2021
The Paypers
SEPTEMBER 27, 2021
Germany-based Vantik has announced offering the Vantikcard to all customers after an initial successful test with 1000 users.
The Paypers
SEPTEMBER 27, 2021
Nexi Group , an Italy-based payment service provider, has been selected by JYSK as the future provider of payment solutions in 14 European countries.
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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.
The Financial Brand
SEPTEMBER 27, 2021
Shifts in where people seek financial information are driving some changes, coming on top of attitudes and practices changed by the pandemic. The post How Banks and Credit Unions Are Rethinking Marketing for 2022 appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
The Paypers
SEPTEMBER 27, 2021
Aspire has raised a USD 158 million Series B round, comprising USD 58 million in equity and USD 100 million in debt, to expand its integrated finance platform across South-East Asia.
The Financial Brand
SEPTEMBER 27, 2021
Wells Fargo and BofA both retired the position, prompting debate about whether 'chief marketing officer' is endangered or simply evolving. The post Why Are So Many Banks Killing the CMO Role? appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
The Paypers
SEPTEMBER 27, 2021
Worldline , a France-based payments and transactional services provider, has introduced WL Account-Based Payments, a solution allowing online businesses to launch their own custom-branded payment method.
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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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