Marqeta executive exodus follows IPO
Payments Dive
AUGUST 17, 2022
Of 10 top executives leading the company last year, only three remain, including CEO Jason Gardner, who last week said he plans to exit that role and become executive chairman.
Payments Dive
AUGUST 17, 2022
Of 10 top executives leading the company last year, only three remain, including CEO Jason Gardner, who last week said he plans to exit that role and become executive chairman.
Accenture
AUGUST 17, 2022
The drive for sustainability will force banks to radically change their relationships with many of their key corporate customers. They’ll need to gain a deeper understanding of their customers’ businesses and develop greater insight into the workings of their supply chains. Furthermore, they’ll have to shift from being mainly sources of finance to instead becoming….
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Payments Dive
AUGUST 17, 2022
Restaurant gift card sales for the first half of this year were down about 2% over the period last year, according to foodservice industry software provider Paytronix.
South State Correspondent
AUGUST 17, 2022
Global Inflation Worries have Treasuries under Pressure. While a China-led global slowdown led to higher Treasury prices on Monday, today it’s higher UK inflation that has Treasury yields heading higher. In a reminder that inflation is not only a domestic story but a global one, UK inflation accelerated to the highest level in 40 years with their CPI increasing 10.1% YoY in July.
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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 17, 2022
Cross-border payments company Remitly said it would buy the Israeli financial services company using a mix of cash and stock.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
CFPB Monitor
AUGUST 17, 2022
Earlier this year, the CFPB and the FTC filed an amicus brief in an appeal to the Second Circuit, arguing that the Court should reject the District Court’s “unduly narrow” interpretation of the FCRA requirement that consumer reporting agencies (CRAs) follow reasonable procedures to assure accuracy of information included in consumer reports. The CFPB and FTC argue that the FCRA does not distinguish between “legal” and “factual” inaccuracies, and thus CRAs may be held liable for failing to mainta
ATM Marketplace
AUGUST 17, 2022
Nearly any industry one can imagine offers opportunities to incorporate cards that can be swiped or otherwise read. The process of incorporating card-based applications can be made even more convenient with an on-demand card dispenser.
BankInovation
AUGUST 17, 2022
FIs weighing the automation of any processes must decide whether to create the new technology in-house or acquire it. But a mix of the two options may be the best course of action, Vince Bezemer, senior vice president of strategic business development at engagement banking platform Backbase, told Bank Automation News. “To really be in […].
TheGuardian
AUGUST 17, 2022
Report predicts cash will account for jut 6% of payments within decade, prompting fears millions will be left behind More than 23 million people in the UK used virtually no cash last year, while notes and coins will account for just 6% of payments within a decade, a report predicts. The findings, from the banking body UK Finance, are likely to prompt concern that millions of people could be left behind as the shift to a cashless society accelerates.
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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
AUGUST 17, 2022
Regtech company that helps businesses comply with regulation and fight digital fraud, Sumsub , has launched its first KYC guide for the gaming industry in Europe.
BankInovation
AUGUST 17, 2022
Fintech Pike Street Labs (PSL), a wholly-owned subsidiary of WaFd Bank, has launched an automated voice authentication feature for the bank in collaboration with Amazon Web Services’ Lex conversational artificial intelligence (AI) software and Talkdesk, a cloud contact center. PSL creates technology solely for $21 billion WaFd Bank, formerly known as Washington Federal, Dustin Hubbard, […].
The Paypers
AUGUST 17, 2022
US-based trusted identity platform Acuant has leveraged PingOne DaVincy from Ping Identity to enable customisation of its KYC and identity proofing.
BankInovation
AUGUST 17, 2022
The $680 million Del-One Federal Credit Union, located in Dover, Del., was one of three credit unions that selected Alkami’s ORB digital banking platform in July, according to an FI Navigator report provided to Bank Automation News. The other credit unions include: $584 million Maine State Credit Union, based in Augusta, Maine; and $48 million […].
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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.
Image Works Direct
AUGUST 17, 2022
Meet Christian Memmo, one of our Project Managers and our Marketing Automation Lead here at image.works! Originally from Syracuse, NY, Christian found himself in Madison, WI to attend UW-Madison. When Christian is out of the office, he enjoys playing instruments, skiing and writing.
The Paypers
AUGUST 17, 2022
Philippines-based FinScore has announced a continuation of its partnership with Provenir , a global player in AI-powered risk decisioning software, to help fintechs take smarter credit decisions.
American Banker
AUGUST 17, 2022
The Paypers
AUGUST 17, 2022
US-based ecommerce fraud protection enables Signifyd and digital commerce platform VTEX have teamed to promote, strengthen, and protect retailers and online businesses in Latin America.
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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
AUGUST 17, 2022
US’ Federal Reserve Board has announced its final guidelines that establish a consistent set of factors for Reserve Banks to use in reviewing requests to access Federal Reserve accounts and payment services.
The Paypers
AUGUST 17, 2022
UK-based payment orchestration company CellPoint Digital has partnered with software company Rebar Technology to augment its recurring payment functionality.
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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
AUGUST 17, 2022
Hungary-based Wizz Air has partnered with Sweden-based fintech Trustly to allow customers to pay for flights directly from their bank account.
The Paypers
AUGUST 17, 2022
Payments enabler Currencycloud has teamed up with Future FinTech Labs (FTFT Labs) to launch the remittance app Tempo aimed for US immigrants.
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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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