Perficient
AUGUST 13, 2021
While the thought of changing policies can be daunting, carriers are throwing hundreds of millions (if not billions) into advertising budgets to make the consumer aware of ways to save by switching. As a result, the industry is experiencing a decline in brand loyalty in favor of pricing. A brand may bring a customer in the door, but pricing seals the deal.
ATM Marketplace
AUGUST 13, 2021
When it comes to ATMs, most banks are fairly good at branding. Most post large signs and symbols that clearly communicate to customers that this is their ATMs. But when it comes to marketing, many banks fall behind. Here's how to catch up.
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BankInovation
AUGUST 13, 2021
Argentine financial services startup Uala was valued at $2.45 billion in a financing round led by Japanese conglomerate SoftBank Group Corp. and Chinese Internet giant Tencent Holdings Ltd. Both companies are boosting their stake in the Buenos Aires-based firm through a $350 million series D financing round, along with early backers including the billionaire George […].
ATM Marketplace
AUGUST 13, 2021
The world has changed and with it consumer banking habits. How do financial institutions keep up with these changes while still offering their customers exceptional branch experiences?
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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
AUGUST 13, 2021
Zelle, the person-to-person payments app utilized by leading banks and financial institutions, launched a new ad campaign on Thursday. The campaign aims to help participating institutions lure clients to the bank-agnostic app in an ongoing battle with its top competitor, PayPal subsidiary Venmo. “All banks on the Zelle network can promote its use to their […].
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankInovation
AUGUST 13, 2021
Definitions, clarifications and other non-obligation material make up 65% of the information in regulations. That leaves a mere 35% that involves an actual obligation, according to reg-tech firm Ascent. That means banks and other regulated industries — and more specifically, their lawyers — spend hours combing through information in search of actionable items, according to […].
CB Insights
AUGUST 13, 2021
Robinhood , a financial services company, has acquired Say Technologies , a shareholder communication platform, for $140M. WHO ARE THE PARTIES TO THE DEAL? Say Technologies: California-based Say is a technological platform that gives shareholders access to their full ownership stake. It crowdsources retail investor queries and allows investors to communicate with firms that they own during annual meetings, earnings calls, and other events.
CFPB Monitor
AUGUST 13, 2021
Last fall, Nacha finalized its Meaningful Modernization rule which provides for significant changes to the Nacha Operating Rules. According to Nacha, the amendments are intended to facilitate adoption of new ACH payments technologies, increase consistency for authorizations, reduce administrative burdens related to authorizations and provide additional flexibility for ACH Originators.
CB Insights
AUGUST 13, 2021
Pave , a compensation tool developer, has raised $46M in a Series B funding round. The round drew participation from Y Combinator and Bessemer Venture Partners, among others. How’s the company performing? California-based Paveallows companies to benchmark employee compensation in real-time. The company has 900 customers, which include Shopify, Hover, Discord, Allbirds, and Relativity, among others.
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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
Bussman Advisory
AUGUST 13, 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: China’s digital yuan pilot tally reaches $5.3bn in six months Why millennials and gen-Zs are jumping on the buy now, pay later trend Companies Going Public in 2021: visualizin
American Banker
AUGUST 13, 2021
William Mills
AUGUST 13, 2021
Millennials have a bad reputation. With all the negative articles and stereotypes floating around, we are oftentimes judged prematurely based on age and misunderstood as lazy and entitled. But what the world must soon realize is that we are quickly becoming new faces of company management, and more millennials, like Mark Zuckerberg, are running startups and highly influential companies.
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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
AUGUST 13, 2021
South Korea’s Anti-Money Laundering-related law, the Act on Reporting and Using Specified Financial Transaction Information, has been amended and went into effect on 25 March 2021.
The Banker
AUGUST 13, 2021
Critics argue that a cap on bankers’ bonuses is ineffective and outdated, but the issue remains controversial.
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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 13, 2021
End-to-end transaction guarantee platform for online purchases Vesta and Indonesia-based tech company Bukalapak have partnered.
The Paypers
AUGUST 13, 2021
BitMEX , a virtual currency derivatives exchange, has agreed to pay up to USD 100 million to settle US charges of unlawfully accepting customer funds to trade cryptocurrencies.
American Banker
AUGUST 13, 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
AUGUST 13, 2021
Payments systems company ACI Worldwide has released its eCommerce Fraud Index global , according to which ecommerce sales increased 15% during the first half of 2021, compared to 2020.
The Paypers
AUGUST 13, 2021
US-based risk management company K2 Integrity has announced its engagement to support, initially lead, and continue to build solutions for the Diem Networks US Financial Intelligence Function (FIF).
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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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