Strange bedfellows question CBDC
Payments Dive
SEPTEMBER 6, 2022
The Fed has an uphill effort ahead in pursuing a central bank digital currency, as evidenced by extensive skepticism from two disparate groups.
Payments Dive
SEPTEMBER 6, 2022
The Fed has an uphill effort ahead in pursuing a central bank digital currency, as evidenced by extensive skepticism from two disparate groups.
ATM Marketplace
SEPTEMBER 6, 2022
The future of bank branches will be interesting, according to Stephen K Griffin, SVP and director of the Retail Distribution Planning Group at Regions Bank. Griffin shared his insights in an opening keynote at the Bank Customer Experience Summit held in Chicago from Aug. 31 to Sept 1.
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Bobsguide
SEPTEMBER 6, 2022
Global Proxy Voting and Shareholder Disclosure Hub for Germany-headquartered financial services provider. Broadridge Financial Solutions, a global Fintech leader, today announced that it is supporting German banking and securities services provider, DekaBank, with its market-leading solutions for the updated Shareholder Rights Directive (SRD II). DekaBank has gone live with Broadridge’s Global Proxy Voting and Shareholder Disclosure Hub solutions.
BankInovation
SEPTEMBER 6, 2022
Santander Bank appointed Pierre Habis to the newly created role of chief consumer and digital transformation officer in June, expanding his responsibilities to include oversight of the bank’s digital transformation. The $102 billion bank is focusing on modernizing its technology stack, which includes the launch of new robotic process automation (RPA) capabilities, automating for customer […].
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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
CFPB Monitor
SEPTEMBER 6, 2022
I am pleased to share with our blog readers that Kristen Larson, an attorney with almost two decades of in-house experience advising midsized and large national banks on financial services matters, has joined Ballard Spahr’s Consumer Financial Services Group. She is resident in the firm’s Minneapolis office. Kristen’s practice involves consumer, small business, and treasury management products and services; digital banking; emerging payments; servicing; innovative technology; information securi
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Bobsguide
SEPTEMBER 6, 2022
We are delighted to confirm that GFT are finalists in two categories for the prestigious UK IT Industry Awards 2022 ! We are in contention for both the ‘Services Company of the Year’ and ‘ Best Financial Services IT Project of the Year’ prizes which recognise another outstanding year of achievement for us in the UK. The winners of the awards will be announced in November.
TheGuardian
SEPTEMBER 6, 2022
The deposit has gone missing between between our club’s account and the hotel in Germany I am the leader of a tandem club that enables visually impaired riders to enjoy cycling. But our summer holiday to the Netherlands is in jeopardy because our €6,590 (£5,667) deposit has gone missing between our HSBC account and the hotel in Leiden. At the start of the summer, I made a group booking for the club, and was asked by the hotel to pay a 50% deposit by no later than 1 July.
The Paypers
SEPTEMBER 6, 2022
US-based CME Group , a derivatives marketplace, has launched Bitcoin Euro and Ether Euro futures to provide institutional clients with more precise and regulated tools to trade crypto.
BankInovation
SEPTEMBER 6, 2022
Dominic Cugini, chief information officer of service digitization at KeyBank, has joined the speaker faculty at Bank Automation Summit Fall 2022 for the panel “Using business intelligence, CRM and automation to improve customer and employee experiences,” on Tuesday, Sept. 20, at 9 a.m. PT at the Hyatt Olive 8 in Seattle. The panel will discuss […].
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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
The Paypers
SEPTEMBER 6, 2022
Citigroup has joined a government-sponsored effort to expand access to credit in underserved communities, launching two pilot programs early in 2023.
BankInovation
SEPTEMBER 6, 2022
Bank of America saw a record one billion digital logins in July as it continues to make technology a centerpiece of client engagement. The numbers come as the $3.1 trillion bank recorded 2.8 billion logins during the second quarter, an 11% year-over-year increase. Over the past 12 years, the bank has dedicated more than $35 […].
The Paypers
SEPTEMBER 6, 2022
The Financial Action Task Force (FATF) has revealed new guidance on anti-money laundering (AML) risks in the real-estate sector.
BankInovation
SEPTEMBER 6, 2022
User experience and software engineering company Praxent has hired 45 employees over the last year to enhance the customer experience and keep up with new product launches. Tthe Austin, Texas-based company expanded its workforce following the launch of 40 products and software releases aimed at assisting customers in Latin American communities, along with financial institution […].
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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 6, 2022
UK-based payment service provider Nochex has announced it will launch Click to Pay in partnership with Mastercard.
The Banker
SEPTEMBER 6, 2022
The chair of the European Banking Authority discusses how industry participants and supervisors can prepare for enhanced regulatory obligations of crypto assets.
The Paypers
SEPTEMBER 6, 2022
Solid , which rebranded from Wise in 2021, has secured a USD 63 million Series B round of funding to continue providing its Fintech-as-a-Service offering, according to TechCrunch.
American Banker
SEPTEMBER 6, 2022
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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.
The Paypers
SEPTEMBER 6, 2022
France-based software management platform LicenceOne , helping small and medium-sized businesses, has partnered with Nordigen to integrate bank data and track user software subscription transactions.
The Paypers
SEPTEMBER 6, 2022
Standard Chartered has partnered with FairPrice Group to launch Trust Bank in Indonesia, while a partnership with Bukalapak gave rise to BukaTabungan, according to The Business Times.
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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 Paypers
SEPTEMBER 6, 2022
Sigapore-based fintech BigPay has launched Stashes, a virtual account that allows users to organise and save money that is separate from the BigPay wallet.
The Paypers
SEPTEMBER 6, 2022
Open Banking Europe has merged with its international division, Open Banking Exchange , to form one global OBE, according to an official press release.
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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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