Fri.May 26, 2023

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Consumers, businesses gravitate to faster, mobile payments

Payments Dive

As electronic payment options become available, consumers and businesses in the U.S. are using them more often, but keeping a wary eye on fraud.

Mobile 244
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CaixaBank's new app that enables payment acceptance on mobile phones

The Paypers

Spain-based financial group CaixaBank has launched Smatphone TPV, an app that enables businesses to accept card payment from their mobile phones.

Mobile 68
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Debit network players gear up for July

Payments Dive

Card network operators Visa, Mastercard and Fiserv are bracing for change in light of the Federal Reserve’s debit routing rule clarification.

Cards 195
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5 data and security fintechs to watch

BankInovation

Open banking and authentication fintechs caught the eye of attendees at Finovate Spring 2023 this week, with several voted Best of Show by the audience. Forty-four fintech startups demonstrated their technologies and how they fit in the financial services industry. The following startups focus on data insights and security: Data-driven fintechs: 1.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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

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FDIC names new community banking committee members 

ABA Community Banking

The FDIC announced the appointment of seven new members to its Advisory Committee on Community Banking The post FDIC names new community banking committee members appeared first on ABA Banking Journal.

FDIC 52

More Trending

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PRA raises the bar on model risk management

The Banker

The UK’s Prudential Regulation Authority has published detailed principles for banks to follow on managing their model risk. Marie Kemplay reports.

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KIB to launch biometric payment cards using Zwipe

The Paypers

Kuwait International Bank has announced that it will launch a biometric payment card based on Zwipe ’s platform, under the Visa Infinite Black package.

Cards 48
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What's next for Fed supervision? Basel's Pillar 2 may hold the key

American Banker

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Everyware and Sunbit launch Pay-Over-Time solution

The Paypers

US-based fintech Everyware has partnered with Sunbit to make the Pay-Over-Time integration available in Pay By Text form for convenient, quick, and safe payment processing.

Fintech 41
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The State of Automation in Financial Services 2024 Report

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

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Big banks are breaking their promise to fund a green energy transition

American Banker

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iDenfy augments June's customer onboarding with identity verification

The Paypers

Regtech iDenfy has partnered with rental services company June to ensure a seamless applicant onboarding flow while effectively detecting fraud for June’s customer base.

Fraud 36
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Australia in the hot seat for money-laundering failures

The Banker

Politicians are coming under fire for the country’s lax approach to fighting the financing of crime. James King reports.

Report 36
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Zone and Co acquires Infinet Cloud

The Paypers

US-based Zone & Co has acquired Australia-based Infinet Cloud to expand its presence across the UK, Australia, New Zealand and Canada.

US 41
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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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.

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What UK policy-makers need to learn from Arm’s listing on the US stock exchange

The Banker

The UK needs to focus on supporting companies in a range of diverse sectors, writes MIT professor Fiona E. Murray.

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Berlin Group offers support for new European payment schemes

The Paypers

The Berlin Group has announced full standards support and coverage of payment schemes and (corporate) bank customer’s requirements on use cases and services.

Groups 36
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How not talking can help your career

American Banker

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Woolworths Group's Wpay partners Zepto to power PayTo

The Paypers

Woolworths Group ’s payment firm Wpay has chosen account-to-account payments fintech Zepto to power its PayTo solution via the New Payments Platform (NPP).

Groups 36
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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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PacWest executives were trying to start over. Then SVB failed

American Banker

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Fifth Third Bank acquires Rize Money, an embedded payment platform

The Paypers

US-based Fifth Third Bank has acquired Rize Money , an embedded payment platform specialising in developing financial infrastructure and risk management.

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Wall Street braces for big changes over the next five years

American Banker

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VerifyVASP joins the Global LEI System as a Validation Agent

The Paypers

The Global Legal Entity Identifier Foundation (GLEIF) has announced that Singapore-based VerifyVASP joined the Global LEI System as a Validation Agent.

System 36
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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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.

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Polymesh integrates with the NayaOne ecosystem

The Paypers

Switzerland-based Polymesh has announced its integration with the NayaOne ecosystem to allow financial institutions to leverage blockchain technology.

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UniCredit and Mastercard expand payments partnership

The Paypers

Pan-European bank UniCredit has expanded its partnership with Mastercard to bring innovation in the payments space with a fully equipped card.

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Ottu augments SAB's digital payments solution

The Paypers

Saudi Arabia-based bank SAB has partnered with fintech Ottu to integrate an online payment management solution with its payment gateways.

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Bluestone Mortgages partners with Experian

The Paypers

Bluestone Mortgages has partnered with Experian to launch an Open Banking solution, enabling brokers to get automated lending decisions.

Lending 36
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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.