Convenience chain adds Amazon palm pay
Payments Dive
MAY 11, 2023
This is the second convenience store chain to install the palm-scanning technology, which is also being used in sports arenas and Amazon’s own brick-and-mortar retail locations.
Payments Dive
MAY 11, 2023
This is the second convenience store chain to install the palm-scanning technology, which is also being used in sports arenas and Amazon’s own brick-and-mortar retail locations.
SWBC's LenderHub
MAY 11, 2023
Times may be tough financially, but that does not mean consumers are skimping on necessities or sacrificing luxuries to get by. Many are leveraging a popular lending concept that facilitates short-term split payment options to finance their purchases.
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Payments Dive
MAY 11, 2023
The payroll provider is angling to disrupt the earned wage access companies that have been making it easier for employers to offer workers on-demand pay.
CFPB Monitor
MAY 11, 2023
The CFPB has issued a circular that addresses the reopening of closed deposit accounts (Circular 2023-02). Specifically, the circular warns that it can constitute an unfair act or practice for a financial institution to unilaterally reopen closed accounts to process debits or deposits. By way of background, the CFPB describes a scenario in which, after a consumer has completed all of the steps required by the financial institution to close a deposit account and the financial institution has clo
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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
SWBC's LenderHub
MAY 11, 2023
In Fannie Mae’s March Selling Guide Announcement , the government-sponsored enterprise introduced updated guidance to lenders and mortgage industry professionals aimed at modernizing the valuation process. According to the announcement, “Valuation modernization helps lenders, appraisers, and risk investors manage collateral risk more effectively, while also benefiting consumers via greater appraisal accuracy, lower costs, and increased speed of loan decisions.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
The Paypers
MAY 11, 2023
US-based financial service company Rapid Finance has integrated with Mambu ’s cloud-based lending platform to offer Lending-as-a-Servive to financial institutions in the US.
Realwired Appraisal Management Blog
MAY 11, 2023
The valuation industry doesn’t often get helpful legislation. Today we do. On May 2, 2023, the Florida Legislature passed HB 213/SB 398, which amends Florida Statutes to establish new time limitations for legal actions against real estate appraisers and appraisal management companies (AMCs).
The Paypers
MAY 11, 2023
Payments infrastructure company TerraPay has announced a strategic equity investment from Visa and a partnership to simplify cross-border ecommerce for consumers and SMBs.
FICO
MAY 11, 2023
Home Blog Feed test RSG Media Boosts Ad Viewership by 10-25% with FICO Optimization Global media tech company develops AI-driven media planning platform and wins FICO ® Decisions Award for AI, Machine Learning & Optimization Tue, 05/09/2023 - 02:51 Saxon Shirley by Nikhil Behl Chief Marketing Officer expand_less Back to top Thu, 05/11/2023 - 13:00 Innovation in Media Planning Optimization RSG Media , a global media tech company headquartered in New York, is achieving significant benefits for its
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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
MAY 11, 2023
Revolut has partnered with Germany-based fintech Upvest to provide its end users with fractional ETF and European stock trading throughout Europe.
BankInovation
MAY 11, 2023
PNC is rebuilding its technology stack to be more modern and flexible, Michael Degnan, head of enterprise innovation at PNC, said Wednesday at Fintech Nexus in New York. The $557 billion bank has nearly completed upscaling its tech to enable more agile decisions — especially when quick pivots are necessary, he said.
The Paypers
MAY 11, 2023
Netherlands-based fraud prevention company ThreatFabric has raised EUR 11.5 million in a seed round to expand its technical capabilities and support growth.
BankInovation
MAY 11, 2023
NEW YORK — Banks are looking into AI use cases within their operations, but many are proceeding with caution as they keep customer experience, data collection and, especially, regulation in mind. Financial institutions discussed AI within the industry at Fintech Nexus on Wednesday.
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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.
Qudos Bank
MAY 11, 2023
Keeping your money in a bank v’s at home Is cash really king? With cyber-crimes on the rise [1] and fears of a potential recession, you may be wondering whether your money is kept safer in a bank or as cold, hard cash in the confines of your home. Banking your money offers the overall safest and most beneficial option for both protecting and growing your savings.
The Paypers
MAY 11, 2023
Interbank payments network Interac has launched an identity verification service that facilitates the connection between Canadian consumers, businesses, and governments.
Image Works Direct
MAY 11, 2023
As social media continues to become more impactful in marketing, the strategy for it continues to change. Because of that, we’re making a massive enhancement to our social media accounts!
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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
MAY 11, 2023
Retail payments and credit solution provider Citi Retail Services has announced the expansion of its embedded payments strategy with the launch of the Citi Pay product suite.
The Paypers
MAY 11, 2023
Financial crime and risk management solutions provider Feedzai has launched ScamPrevent on its RiskOps Platform to help banks protect their customers from financial scams.
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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
MAY 11, 2023
Austria-based Raiffeisen Bank International (RBI) and Treasury Intelligence Solutions (TIS) have partnered to offer cash management solutions to mutual customers.
American Banker
MAY 11, 2023
The Paypers
MAY 11, 2023
The Central Bank of Brazil has announced that it will allow 10 commercial banks to participate in its CBDC pilot.
The Financial Brand
MAY 11, 2023
This article A Bright Future for BNPL Is in the (Bank) Cards appeared first on The Financial Brand. Buy now, pay later plans from the Klarnas of fintech introduced many online buyers to installment payments, but banks are poised to move in. This article A Bright Future for BNPL Is in the (Bank) Cards appeared first on The Financial Brand.
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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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