Google Wallet seeps into six more countries
Payments Dive
AUGUST 25, 2022
The tech giant extended its payment services to more nations as competition with Samsung Pay and Apple Pay intensifies.
Payments Dive
AUGUST 25, 2022
The tech giant extended its payment services to more nations as competition with Samsung Pay and Apple Pay intensifies.
Bobsguide
AUGUST 25, 2022
By ditching a web of hundreds of spreadsheets and emails in favour of a TMS from Salmon Software , the liquidity management team at the Zurich Insurance business unit Switzerland and CI EMEA has been able to facilitate accurate and insightful short- and long-term cash forecasts as well as enhance its treasury payments & reporting capability. Read the whole case study at: [link].
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Payments Dive
AUGUST 25, 2022
A class action lawsuit has been filed against Cash App Investing and parent company Block over a December 2021 data breach.
Bobsguide
AUGUST 25, 2022
Australia to host US$100m Metaverse R&D Center. Australian creative technologies business Two Bulls and Thailand’s Translucia Global Innovation are developing a Metaverse R&D Center in Australia. Located in Melbourne, Victoria, the US$100 million centre will be one of the largest in the world when operational. Developing a new interactive world.
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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
Payments Dive
AUGUST 25, 2022
The business banking startup added an automated expense-management tool for its middle-market clients as the company angles to snatch its share of Brex's former clients.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Commercial Lending USA
AUGUST 25, 2022
Do you need to buy or lease additional equipment to expand your business? At Commercial Lending USA, we have the solutions for you. We have expert to understand your needs and help you on financing to grow.
SWBC's LenderHub
AUGUST 25, 2022
With rising interest rates, surging inflation, and a potential recession on the horizon, your borrowers are likely uneasy about the current economic landscape. The best way your financial institution can support them is by ensuring they are armed with information on how to best prepare for an economic downturn.
CFPB Monitor
AUGUST 25, 2022
Joined by two experts on the BNPL industry, we first review the types of BNPL products currently available, how they are accessed by consumers, how they generate revenue for industry participants, and potential consumer risks. We then discuss the federal and state laws applicable to BNPL, expectations for CFPB rulemaking or other action, how the U.S. regulatory approach to BNPL compares to the UK approach, and the growing nexus between BNPL and social media platforms.
BankInovation
AUGUST 25, 2022
Consumers are empowered to do almost everything themselves online or via mobile—from comparing prices to checking in at the airport. Where there’s a will, consumers want a way, and that includes procuring their own customer service in the fastest, most convenient way possible. Here are a few things your financial institution can do to ensure […].
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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
CFPB Monitor
AUGUST 25, 2022
On August 8, 2022, the District of Columbia Department of Insurance, Securities and Banking (the Department”) issued a Bulletin on money transmission (the “Bulletin”). The Department issued the Bulletin to ensure that parties “engaging in or planning to engage in money transmission with Bitcoin or other virtual currency used as a medium of exchange, method of payment or store of value in the District,” understand that such transactions “require a money transmitter license.”.
The Paypers
AUGUST 25, 2022
India-based B2B SaaS startup Nuclei has partnered with Infosys Finacle in order to expand its industry collaboration and boost innovation in the banking sector.
CFPB Monitor
AUGUST 25, 2022
In Mortgagee Letter 2022-14 , dated August 23, 2022, the U.S. Department of Housing and Urban Development (HUD) announced a Unique Entity Identifier (UEI) requirement for Federal Housing Administration (FHA) lenders and mortgagees, and applicants for FHA approval. The requirement must be implemented no later than December 31, 2022. Existing FHA lenders and mortgagees under Title I or Title II will need to provide a UEI as part of their institution data in the Lender Electronic Assessment Porta
The Paypers
AUGUST 25, 2022
TikTok has launched a new cyber safety awareness campaign to inform people on the dangers of online interactions.
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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.
CFPB Monitor
AUGUST 25, 2022
The CFPB has announced that on September 8, 2022, it will hold a field hearing on nursing home debt collection practices. The event will be hosted by Director Chopra. In its announcement, the CFPB states that the event will bring together “advocates, service providers, community leaders, and members of the public to explore challenges around nursing home debt collection practices and the impact they can have on the financial wellbeing of caregivers, their families, and friends.”.
The Paypers
AUGUST 25, 2022
India has initiated the Blockchain Forum to promote blockchain and web 3, while Beijing announces ambitions for the metaverse.
BankInovation
AUGUST 25, 2022
Consumers are empowered to do almost everything themselves online or via mobile—from comparing prices to checking in at the airport. Where there’s a will, consumers want a way, and that includes procuring their own customer service in the fastest, most convenient way possible. Here are a few things your financial institution can do to ensure […].
Bussman Advisory
AUGUST 25, 2022
FinTech Ecosystem Insights by Bussmann Advisory is our weekly newsletter with over 40’000 subscribers across different social media channels, summarizing relevant news and reports related to ecosystems around disruptive technologies, highlighting key updates from the industry as well as our portfolio companies: Visa tokens overtake physical cards in circulation. iCapital acquires UBS US fund platform.
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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.
BankInovation
AUGUST 25, 2022
Great Southern Bank launched a program in April 2022 that encourages employees to submit automation ideas for implementation as part of its Process Matters initiative. The $5.6 billion bank has already implemented multiple employee-generated ideas for time-saving processes, Eric Johnson, vice president and chief information officer at Springfield, Mo.
Commercial Lending USA
AUGUST 25, 2022
Invoice factoring can save money on your business costs by obtaining invoices from various sources. We have a seamless process to find approval and funding quickly.
BankInovation
AUGUST 25, 2022
Canadian Imperial Bank of Commerce (CIBC) will continue investing in technology on the heels of the bank’s active digital users skyrocketing in the third quarter. The $693 billion bank reported its number of active digital banking users in Q3 jumped 41% year over year to 6.2 million users from 4.4 million during the same period […].
Commercial Lending USA
AUGUST 25, 2022
The Lite/ No Doc Loan program is becoming a popular loan today. It does not require any income to qualify for a commercial or residential investment loan.
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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.
BankInovation
AUGUST 25, 2022
National Bank of Canada (NBC) bumped up its technology spend and focused on retaining and attracting talent in the third quarter as business growth remains a priority. The $387 billion bank, which posted Q3 revenue of $1.9 billion, an 8% year-over-year increase, reported its “occupancy and technology” spend climbed 10% YoY to $233 million, with […].
The Paypers
AUGUST 25, 2022
The Saudi Central Bank (SAMA) has granted permit to Lean Technologies and Mod5r to its Regulatory Sandbox.
BankInovation
AUGUST 25, 2022
Hundreds of customers of three U.K.-based banks were locked out of their internet and mobile banking apps Thursday. Lloyds Banking Group subsidiaries Lloyds Bank, Halifax and Bank of Scotland all reported that customers were having issues logging into their accounts, according to statements posted on the banks’ websites. “We know some of our customers are having problems logging […].
Commercial Lending USA
AUGUST 25, 2022
Types of Loan are available to help people. It's designed so that you can use it to make your financial life easier.
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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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