ATM Marketplace
NOVEMBER 5, 2021
The ATM industry has come through a lot of ups and downs over the years, but it continues to tackle every issue head on, as found in the 14th annual ATM and Self-service Software Trends and Analysis report. A webinar sponsored by KAL and hosted by ATM Marketplace analyzed some key findings of the report on Nov. 2.
MerhantsBanks
NOVEMBER 5, 2021
Jennifer Welch and Dave Pierret have been named Co-Chairs for Merchants Bank’s 2021 10 Days of Giving food drive, which runs December 1-10. The effort, which benefits food shelf programs operated by Winona Volunteer Services (WVS), will be celebrating its 33rd year. To date, more than 4 million pounds of food have been collected. Last […].
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BankInovation
NOVEMBER 5, 2021
The automation company WorkFusion, which offers a packaged solution to financial institutions and counts the $1.7 trillion Deutsche Bank and the $4.1 billion Carter Bank & Trust among its customers, will focus on shifting its own premise solution to the cloud. In this week’s episode of "The Buzz" podcast, WorkFusion’s new CEO, Adam Famularo, discusses […].
CFPB Monitor
NOVEMBER 5, 2021
The CFPB has issued an advisory opinion that affirms that the use of “name-only matching” by consumer reporting agencies, including tenant and employment screening companies, does not satisfy the FCRA requirement for a CRA ”to follow reasonable procedures to assure maximum possible accuracy of the information concerning the individual about whom the [consumer] report relates.
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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
BankInovation
NOVEMBER 5, 2021
The big funding news this week was Digital Currency Group’s $10 billion valuation after a $700 million secondary sale – a deal that made mainstream news. That’s because the conglomerate owns some of the biggest players in cryptocurrency, including Grayscale Investments, a large digital asset manager with about $55 billion in assets under management; Foundry, […].
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
CB Insights
NOVEMBER 5, 2021
Chipper Cash , an African cross-border payments company, has raised $150M in an extended Series C round that drew participation from FTX, Ribbit Capital, SVB Capital, Deciens Capital, and Bezos Expeditions, among others. How’s the company performing? California-based Chipper Cash provides free peer-to-peer payment services across 9 countries: the US, the UK, Ghana, Uganda, Tanzania, Rwanda, Nigeria, South Africa, and Kenya.
Bussman Advisory
NOVEMBER 5, 2021
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: Google invests $1B in exchange giant CME as market moves to the cloud Revolut wants to build its own crypto exchange Disney to launch NFT digital collectibles with VeVe.
TheGuardian
NOVEMBER 5, 2021
Chief executive says bank is considering new takeover targets after rebuffed offer for TSB This year will mark a “turning point” for the Co-operative Bank, its chief executive has said, with the UK lender on track to report its first annual profit in a decade. The bank, which has 3.2 million personal customers, 95,000 business clients and 50 branches across the UK, said pretax profits had reached £28.5m for the nine months to 30 September, having swung from a loss of £68m during the same period
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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
NOVEMBER 5, 2021
US-based Cybersource , Visa’s global payment and fraud management platform has partnered with IATA ’s (International Air Transport Association) Financial Gateway to improve airline payment efficiency.
American Banker
NOVEMBER 5, 2021
The Paypers
NOVEMBER 5, 2021
Payment solutions firm Clearpay has announced that its in-store function is now available to UK customers at a number of retail stores throughout the country.
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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.
The Paypers
NOVEMBER 5, 2021
Norway-based authentication company IDEX Biometrics has announced new certifications and a new order for its TrustedBio fingerprint sensor solution.
The Paypers
NOVEMBER 5, 2021
Tradeshift , a provider of e-invoicing and accounts payable automation solutions, has announced it is offering e-invoicing capabilities to global companies with a footprint in China.
American Banker
NOVEMBER 5, 2021
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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
NOVEMBER 5, 2021
US-based Fusion Risk Management has delivered a solution to augment organisations to deliver real-time data-driven responses for large scale events and helps plan management.
The Paypers
NOVEMBER 5, 2021
Meniga , global provider of digital banking and personal finance solutions, has announced that the index underpinning its green banking solution ‘Carbon Insight’ has been reviewed by EY.
American Banker
NOVEMBER 5, 2021
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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
NOVEMBER 5, 2021
Apiture, a provider of digital banking solutions, has partnered with MeridianLink to deliver a new digital account opening solution to their customers and members through MeridianLink’s platform.
The Paypers
NOVEMBER 5, 2021
Banco Central do Brasil (BCB) has announced the possibility of trailing its digital Real on Lithosphere blockchain as the bank is in discussion with the developer, KaJ Labs.
BankUnderground
NOVEMBER 5, 2021
Craig Turnbull. Equity Release Mortgages (ERMs) are different from traditional mortgages. Both mortgages provide an upfront cash lump sum. But traditional mortgages are tied to an immediate home purchase that is repaid over a set period, while equity release mortgages are tied to a share of a future home sale. In this blog post, I examine some of the challenges with valuing equity release mortgages.
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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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