Jack Henry
OCTOBER 25, 2024
At Jack Henry™, our mission is fueled by three guiding principles: do the right thing, do whatever it takes, and have fun. This commitment is core to our corporate citizenship and philanthropy efforts – particularly our Give Back at Jack campaign.
Accenture: Banking
OCTOBER 25, 2024
The payments industry is evolving rapidly, driven by changing consumer and commercial needs. Payments executives are grappling with rising costs, shrinking margins and emerging technologies like generative AI, prompting a reevaluation of their strategies. The key question is: What tech investments should be prioritized to stay competitive? Our new research, based on insights from 326… The post Challenges shaping North American banks’ payments tech investments appeared first on Accenture Ba
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TheGuardian
OCTOBER 25, 2024
Judges in test case rule it was unlawful for lenders to pay commission to car dealers without borrowers’ knowledge Consumers have won a landmark car finance mis-selling case that could pave the way for companies to be forced to pay billions of pounds in compensation to borrowers. On Friday, judges from the court of appeal ruled in favour of three borrowers whose cases were merged earlier this year, saying it was unlawful for lenders to have paid a commission to car dealers without the borrowers’
Payments Dive
OCTOBER 25, 2024
“Illinois has made a hasty decision that, if implemented, would have government change our payments system that functions so well that we barely notice it,” writes a trade group CEO.
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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.
American Banker
OCTOBER 25, 2024
Card networks, fintechs and Walmart have started major account-to-account payment initiatives in the past few weeks.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Bussman Advisory
OCTOBER 25, 2024
This week’s must-know stories in the FinTech, AI and Digital Asset space. The latest edition of the FinTech Ecosystem Newsletter is here: Image Credits: shutterstock.com The post HSBC Restructures with First Female CFO | Apple Unveils AI with ChatGPT Integration | Apple & Goldman Fined $89M over Apple Card Missteps appeared first on Bussmann Advisory AG.
Payments Dive
OCTOBER 25, 2024
The payment processor said Thursday that it raised $75 million and is seeking to grab a bigger slice of a payments market dominated by larger rivals.
The Paypers
OCTOBER 25, 2024
Fiserv , a worldwide provider of payments and financial services technology solutions, has revealed a strategic partnership with foodpanda.
American Banker
OCTOBER 25, 2024
The Federal Deposit Insurance Corp. and Texas banking regulators issued consent orders against Industry State Bank, Fayetteville Bank, and Citizens State Bank requiring major overhauls of their management, capital, and risk controls.
Advertiser: Trellis
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The Paypers
OCTOBER 25, 2024
Recent data from the blockchain analysis firm Chainalysis highlights that the UK holds the largest cryptocurrency economy in Central, Northern, and Western Europe (CNWE).
American Banker
OCTOBER 25, 2024
Banks' compliance teams have often been the source of innovative technologies with applications far beyond financial services. That is likely to hold true with artificial intelligence-related compliance solutions.
The Paypers
OCTOBER 25, 2024
Prelim has announced its integration with Q2 ’s Digital Banking Platform via the Q2 Partner Accelerator Program.
American Banker
OCTOBER 25, 2024
The president of U.S. Bancorp reflected on the progress women have made, and the work left to do, at American Banker's Most Powerful Women in Banking gala.
Advertiser: ZoomInfo
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The Paypers
OCTOBER 25, 2024
Nigeria’s Economic and Financial Crimes Commission ( EFCC ) has dismissed a money-laundering case against Tigran Gambaryan, a senior executive at Binance.
American Banker
OCTOBER 25, 2024
Executives at the Boston-area mutual bank said its digital-only division's growth is accelerating, even as more banks enter the space.
The Paypers
OCTOBER 25, 2024
PSE Consulting and TSG have published new research tracking the current levels of adoption of Embedded Finance in Europe and the US.
American Banker
OCTOBER 25, 2024
The rule, finalized Tuesday, enables consumers to share their financial data with third parties. Here are the implications for banks.
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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.
The Paypers
OCTOBER 25, 2024
Visa has released its State of Scams: Fall 2024 Biannual Threats Report, revealing recent developments in scams and threats targeting banks and consumers.
American Banker
OCTOBER 25, 2024
The Green Bay, Wisconsin-based bank said the 16 lenders it's added have helped drive meaningful loan pipeline growth, and that another 10 new hires are expected by early next year.
The Paypers
OCTOBER 25, 2024
AI and digital identity verification provider Socure has signed its agreement to acquire Effectiv , a real-time risk decisioning firm, for USD 136 million.
The Financial Brand
OCTOBER 25, 2024
This article The Churn Challenge: Four Big Ideas for Banks and Credit Unions Looking to Drive Down Attrition appeared first on The Financial Brand. Learn how banks are fighting 15% annual customer churn with data-driven strategies, from smart onboarding to multichannel marketing that delivers 1,344% ROI. This article The Churn Challenge: Four Big Ideas for Banks and Credit Unions Looking to Drive Down Attrition appeared first on The Financial Brand.
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The Paypers
OCTOBER 25, 2024
Finset , a car financing platform, has teamed up with identity verification provider ID-Pal to incorporate an AI document fraud detection feature, ID-Detect.
American Banker
OCTOBER 25, 2024
A 42% drop in net interest income, continued costs from its merger with Flagstar Bank and the sale of its mortgage warehouse business weighed on the third-quarter results.
The Paypers
OCTOBER 25, 2024
Worldline , a global provider of payment services, has announced a collaboration with Visa Acceptance Solutions to introduce an optimised fraud management solution.
American Banker
OCTOBER 25, 2024
The Bank of New York Mellon and Japan's Mizuho Bank entered an agreement to grant their corporate clients access to the other's international trade network; New York-based lender Kapitus acquired Ten Oaks Commercial Capital; North Carolina's First Carolina Bank agreed to acquire Pennsylvania's BM Technologies; and more in this week's banking news roundup.
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