BankInovation
NOVEMBER 4, 2021
Creating the “next big thing” is no longer enough to address an unsolved problem — banks and fintechs also need to ensure that they’re earning customers’ trust. That means ensuring data is kept private and secure, said Mastercard CEO Michael Miebach this week. Miebach gave the fireside chat at Commerce Summit, a virtual event hosted […].
CFPB Monitor
NOVEMBER 4, 2021
In Part II of this two-part podcast, we continue our examination of the CFPB’s proposed rule implementing Sec. 1071 of the Dodd-Frank Act which would impose significant new data collection and reporting requirements on lenders in connection with credit applications made by small businesses, including women- or minority-owned small businesses. We discuss the “firewall provision” restricting employee access to data, the proposal’s intersection with HMDA reporting requirements, the likely timeline
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
BankInovation
NOVEMBER 4, 2021
The lines have begun to blur at Plaid: The API platform and data network provider fintech typically connects financial institutions to apps and other financial services with which consumers wish to share their data — but that's changing. Fintechs themselves are using San Francisco-based Plaid to connect their own customers' accounts and information to other […].
CFPB Monitor
NOVEMBER 4, 2021
The CFPB recently published a new report, “ Disputes on Consumer Credit Reports.” Using data on auto loan, student loan, general purpose credit card, and retail card accounts opened between 2012 and 2019, the report looks at the demographic characteristics of disputers and the outcomes for accounts with dispute flags. The report is yet another signal of a likely CFPB focus on potential violations of anti-discrimination laws not only by servicers of mortgage loans, but also by servicers of all
Advertisement
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
Jack Henry
NOVEMBER 4, 2021
Considering that the Federal Financial Institutions Examination Council (FFIEC) Information Technology Examination Handbook (IT Handbook) on “Operations” was last updated in July 2004, it should come as no surprise that a lot has changed over the past 17 years. The recently published “Architecture, Infrastructure and Operations” IT Handbook updates are long overdue.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
ATM Marketplace
NOVEMBER 4, 2021
Raising cash for a fleet of self-service devices is one of the most costly items in the operational efficiency of ATMs. Thanks to modern tools for monitoring and planning cash flows, owners of terminal networks can reduce the amount of cash required for ATMs.
TheGuardian
NOVEMBER 4, 2021
The financial sector is helping to drive the climate crisis. Radical government action is needed to overhaul the system Despite the stark warnings of climate breakdown from the IPCC and the UN , it’s business as usual for fossil fuel capitalism. An astonishing 56% of the G20 nations’ Covid-19 recovery funds for energy have gone to fossil fuel companies.
The Paypers
NOVEMBER 4, 2021
F.CODE, Idemia ’s advanced second generation biometric card has received full certification from Visa and Mastercard , in compliance to their demanding security criteria.
TheGuardian
NOVEMBER 4, 2021
US private-equity group Carlyle has until 2 December to make formal offer or walk away Shares in Metro Bank have surged after it received an approach about a possible takeover by the US private-equity group Carlyle. The market value of the challenger bank, which did not say how much Carlyle might pay if a firm offer was made, soared to more than £242m in early trading on news of the deal as its share price rose by more than 40% on Thursday.
Advertisement
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 Emmerich Group
NOVEMBER 4, 2021
The days of transactional banking are over. Yes, there was a day when the customers would walk into our lobbies. Yes, there was a day where they came looking for us. Yes, I remember those days, too. Those days are long gone And it was a rapid turn. Yes, the amount of traffic coming into. Continue Reading. The post The Transactional To Transformational Model for Community Banks appeared first on Roxanne Emmerich.
TheGuardian
NOVEMBER 4, 2021
Shareholders will be reassured by group’s decision to roll out full-fibre broadband alone Hurrah, BT has seen the light. It has dropped the idea of forming a complicated joint venture to help fund the rollout of full-fibre broadband. That tentative proposal always smacked of a management obsessing about the short-term share price and fretting too much about possible takeover bids.
The Paypers
NOVEMBER 4, 2021
UK-based Northern Bank , trading as Danske Bank UK has announced that it has partnered up with European Open Banking platform, Aiia.
Advertisement
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.
The Banker
NOVEMBER 4, 2021
Central banks around the world are contending with stark choices around how to unwind their Covid stimulus packages in the face of turbulent markets.
The Paypers
NOVEMBER 4, 2021
Facebook-acquired social platform Instagram has announced new in-app shopping features to boost sales during the last two months of 2021.
The Paypers
NOVEMBER 4, 2021
Financial management app Douugh has partnered with Railsbank to offer traditional core-banking services in Australia, according to itnews.com.au.
Advertisement
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.
American Banker
NOVEMBER 4, 2021
The Paypers
NOVEMBER 4, 2021
UK-based ticketing company Ventrata has partnered with Netherlands-based payment service provider Adyen to launch Ventrata payments, a solution for its global merchants.
American Banker
NOVEMBER 4, 2021
The Paypers
NOVEMBER 4, 2021
US-based fintech Boost Payment Solutions has partnered with Mastercard to create tailored and scalable strategies for the expansion of commercial card products.
Advertisement
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.
American Banker
NOVEMBER 4, 2021
The Paypers
NOVEMBER 4, 2021
Sweden-based BNPL company Klarna has introduced an all-in-one shopping app that allows users to shop everywhere, including in non-partner shops.
The Paypers
NOVEMBER 4, 2021
France Fintech and Binance have announced the launch of a EUR 100 million initiative to support the development of the French and European blockchain and cryptocurrency ecosystem.
Advertisement
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.
Expert insights. Personalized for you.
98 
Let's personalize your content