Abrigo

MAY 10, 2021

Features of a Commercial LOS What basic functions should a loan origination system complete? What should an LOS vendor provide? . You might also like this Aite Group report on LOS vendors. DOWNLOAD. Takeaway 1 Know the features and functions of a loan origination system (LOS) if your financial institution is shopping for one or upgrading. Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing.

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System Lending Analysis Risk Management 195

SWBC's LenderHub

MAY 10, 2021

Last Week: In an action-packed week, the equity markets continued the big equity rotation trade where the high-flying “Big Tech” and “Fintech Disrupter” stocks lost more ground to value stocks, such as banks. A good example of the activity could be found in two Exchange Traded Funds. Cathy Wood’s Ark Innovation (ticker: ARKK) fell 9% week-over-week, while Invesco’s ETF that tracks the KBW Bank Index (ticker: KBWB) advanced 4%, setting a new all-time high on Friday.

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Marketing Examples Innovation Fintech 148

Cisco

MAY 10, 2021

The move to an all-online world has been expedited by the Covid-19 pandemic, and many companies have had to accelerate their timelines for digital transformation dramatically. The impact of the pandemic has been felt across every industry in a way that no-one could have predicted. For financial services, this meant unforeseen challenges and significant disruption.

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Case Study Analytics Resources Study 117

BankInovation

MAY 10, 2021

Technology solutions provider FIS is set to roll out a mobile banking solution that enables banks to give their customers the ability to buy, sell and hold Bitcoin within their traditional bank accounts. FIS Digital One is a user-friendly interface that connects consumers seamlessly in-app with Bitcoin trading. Under a recently signed agreement with the […].

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Bitcoin Mobile Technology Payments 98

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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

Lending

Banking Exchange

MAY 10, 2021

Small and medium sized businesses unhappy with support from banking partners, according to research Community Banking Feature3 Feature Financial Trends Retail Banking PPP Covid19.

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Survey US Community Bank Community 78

CFPB Monitor

MAY 10, 2021

Today, Michael Hsu began serving as the Acting Comptroller of the Currency. This past Friday, the Treasury Department announced that Mr. Hsu had been designated Acting Comptroller by Secretary of the Treasury Yellen. Mr. Hsu replaces Blake Paulson, who served as Acting Comptroller of the Currency since January 14, 2021. Mr. Paulson is returning to his role as the Senior Deputy Comptroller and OCC Chief Operating Officer.

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Banking Exchange

MAY 10, 2021

ABA welcomes move after months of opposition to approvals of digital challengers Payments Compliance Feature Feature3 Compliance Management Compliance/Regulatory.

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BankInovation

MAY 10, 2021

BBVA faced a storm of criticism from former customers of the Portland-based Simple neobank, who said they were locked out of their accounts and unable to get help from BBVA call centers over the weekend. It is an awkward predicament for the $105.1 billion BBVA, which in 2018 showcased Amelia, an automated chatbot designed to […].

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Banking Exchange

MAY 10, 2021

Banks signal support for bill that will encourage new banks to be formed in underserved areas Community Banking Feature3 Feature Duties PPP Covid19 Diversity.

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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

Report

TheGuardian

MAY 10, 2021

Santander says it will not lend to the self-employed if they received government help in the past three months Coronavirus – latest updates See all our coronavirus coverage I desperately need some help after Santander declined our remortgage application. I have never earned more than I do now and business is booming. But our application has been refused because the company I part-own received two months’ furlough payments for an employee who had to reduce her hours because she could not get chil

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Payments Lending Company 77

Payments Source

MAY 10, 2021

Innovation 165

Innovation Payments Fintech 165

BankBazaar

MAY 10, 2021

In the throes of its COVID-19 second wave, India’s healthcare system is crumbling under the pressure of its burgeoning caseload. With an acute shortage of hospital beds and oxygen supply, millions of Indians are turning to social media for help. Here’s a ready list of resources if you need help with hospital beds, oxygen cylinders, food delivery services, booking vaccination appointments, etc. .

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Resources social media Google Tools 78

Payments Source

MAY 10, 2021

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Fraud Mobile Payments 152

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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.

Lending

BankBazaar

MAY 10, 2021

In this article, we’ll cover the different steps involved in registering for the COVID-19 vaccine and booking an appointment successfully for yourself and your beneficiaries. With vaccinations opening for the 18+ age group, the government has made it compulsory for Indian citizens above the age of 18 to register via the CoWin portal (or the Arogya Setu or UMANG apps) to get access to the vaccine.

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How To Groups Guidelines Mobile 78

TheGuardian

MAY 10, 2021

The government has been gradually reducing its holdings in the bank since the 2008 financial crisis The government has launched the sale of a £1.1bn stake in NatWest to cut the British taxpayer’s holding in the bank, which was bailed out during the financial crisis more than a decade ago. In the second selldown this year, UK Government Investments (UKGI), which manages the shares on behalf of the Treasury, said it would sell 580m shares, representing about 5% of the bank’s stock.

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MyBankTracker

MAY 10, 2021

There’s a lot to consider when choosing a credit card, including where you live. You may not realize it but where you call home can influence how you spend. If you live in California, for example, then your spending habits might look very different from a New Yorker’s or a Texan’s. That’s important to know when it comes to choosing a rewards credit card.

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FICO

MAY 10, 2021

Our analysis of UK card trends for March 2021 shows a big change in spending and financial management in the last 12 months. The average spend per card is lower but the average amount spent over a card’s limit is 25 percent higher. The latest data suggests that the downward trend for those facing debt issues continues to be masked by those whose financial status has improved during lockdowns.

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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.

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MyBankTracker

MAY 10, 2021

Homeowners insurance protects your property from losses and damages. It’s not required by law, yet mortgage lenders typically require proof of a policy before closing. Although these policies cover your house, personal belongings, and provides other protections like loss of use coverage and liability, not all policies are created equal. Coverage is based on whether your policy is on an HO3 form or an HO5.

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Policies How To Maine Company 52

Payments Source

MAY 10, 2021

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Industry Payments 123

The Paypers

MAY 10, 2021

Commonwealth Bank of Australia (CBA) and Quantium have partnered to combine CBA’s transaction data with Quantium’s 18-year track record in data science.

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Data 60

Payments Source

MAY 10, 2021

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Cards Payments 118

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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.

Compliance

TheGuardian

MAY 10, 2021

State fund trying to recover billions in alleged losses from corruption scandal, according to court filings Malaysia’s now-defunct 1MDB state fund is suing subsidiaries of Deutsche Bank, JP Morgan and Coutts & Co to recover billions in alleged losses from a corruption scandal at the fund, according to court documents seen by Reuters. 1MDB is claiming $1.11bn (£785bn) from Deutsche Bank (Malaysia) Bhd, $800m from JP Morgan (Switzerland) Ltd and $1.03bn from a Swiss-based Coutts unit, and inte

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Payments 50

The Paypers

MAY 10, 2021

Federal Bank has partnered with Mashreq Bank , a UAE-based financial institution, to facilitate money transfers from the UAE to India.

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Payments Source

MAY 10, 2021

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Company Cards Lending Payments 84

American Banker

MAY 10, 2021

Technology 100

Technology 100

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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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