Perficient
DECEMBER 9, 2022
New Salesforce Mobile Application Configure and Customization in Salesforce Org. According to reports 120 billion hours are spent with mobile business apps annually. According to Salesforce Every month, almost 2 million users run their business from their phone using the Salesforce mobile app. Salesforce planning to retire the Salesforce mobile web experience with the Summer 2020 release.
Payments Dive
DECEMBER 9, 2022
“Rather than basic capabilities, consumers want a complete digital banking experience,” a payments firm professional writes. “They want access to all of the buzzworthy features.
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CFPB Monitor
DECEMBER 9, 2022
In a notice of “ Intent to Make Preemption Determination under the Truth in Lending Act (Regulation Z) ,” the CFPB announced that it is seeking comments on its preliminary determinations that the Truth in Lending Act (TILA) does not.
Payments Dive
DECEMBER 9, 2022
The fintech is managing the loans on behalf of financial institutions looking to offer installment payment plans to qualified borrowers.
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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.
CFPB Monitor
DECEMBER 9, 2022
In recent remarks at the CRA & Fair Lending Colloquium, Grovetta Gardineer, Senior Deputy Comptroller for Bank Supervision Policy at the Office of the Comptroller of the Currency, discussed the OCC’s current fair lending initiatives. Her remarks were intended to.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
TheGuardian
DECEMBER 9, 2022
Chancellor Jeremy Hunt is unveiling a 30-point package of City policy changes on Friday that rows back on regulations to boost competition and growth. Jeremy Hunt sets out sweeping reforms to financial sector The UK is to reform the regulations on the short selling of shares listed on UK market – the practice of borrowing shares to sell them, with the goal of buying them back cheaper in future.
ATM Marketplace
DECEMBER 9, 2022
Although banks are beginning to adopt facial recognition at ATMs, the technology still has to overcome customer's distrust.
TheGuardian
DECEMBER 9, 2022
Chancellor says plans will ensure City ‘benefits from dynamic, proportionate regulation’ Business live updates: Jeremy Hunt loosens City rules The chancellor has announced plans to reform and repeal a number of City regulations, including rules originally meant to protect the UK from another financial crisis, in order to “unlock” investment and “turbocharge” growth across the UK.
CFPB Monitor
DECEMBER 9, 2022
Last week, Ballard Spahr launched an innovative online application to help cryptocurrency and blockchain industry participants keep pace with quickly evolving laws, regulations, policies, and government enforcement priorities in the space. The Cryptocurrency and Blockchain Legislative Tracker is an interactive.
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Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.
TheGuardian
DECEMBER 9, 2022
Financial Conduct Authority found ‘serious and persistent gaps’ in bank’s controls Santander UK has been fined more than £100m after an investigation by the British financial watchdog found “serious and persistent gaps” in its money laundering controls, resulting in hundreds of millions of pounds of suspicious transactions through customer accounts.
CB Insights
DECEMBER 9, 2022
Small to medium-sized businesses (SMBs) are going digital. Almost 1 in 5 SMB owners say they’re planning to adopt a fully digital business model, according to PYMNTS. To be successful, they need digital payment solutions that enable them to build, scale, and expand across the world. download the State of Fintech Q3 ’22 Report. Get the free report for analysis on dealmaking, funding, and exits by private market fintech companies.
BankInovation
DECEMBER 9, 2022
Tech companies including Amazon, Chime, FIS, Plaid, Stripe and Zilch have announced staffing cuts as economic uncertainty presents risks for the new year. 2023 will encompass “another year of below-potential growth and labor market rebalancing to solve much but not all of the underlying inflation problem,” according to Goldman Sachs’ 2023 U.S. Economic Outlook: Approaching […].
The Paypers
DECEMBER 9, 2022
Google Pay has received a license to operate as a payment institution in Brazil, allowing it to initiate payment transactions.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
BankInovation
DECEMBER 9, 2022
Card and financial app Curve has secured a $1 billion USD credit line from Swiss bank Credit Suisse, the company announced Tuesday. London-based Curve, founded in 2015, plans to use the funding to expand its Curve Flex product, which consolidates cards and accounts into one app, in Europe and the U.S., according to a release. […].
TheGuardian
DECEMBER 9, 2022
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The Paypers
DECEMBER 9, 2022
The Bank of Montreal (BMO) has partnered with virtual card and spend management platform Extend to add a set of payments functionality to BMO Corporate Cards.
American Banker
DECEMBER 9, 2022
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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
The Paypers
DECEMBER 9, 2022
Avant , a credit-first financial technology company that provides access to financial solutions to underserved non-prime consumers, has secured USD 250 million of corporate debt.
The Paypers
DECEMBER 9, 2022
The Paypers has published the Cross-Border Payments and Ecommerce Report 2022–2023, which provides international merchants, payments enablers, and beyond with a holistic view of the market.
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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
DECEMBER 9, 2022
Veem , an AR and AP network for SMBs, has partnered with Finastra to offer business payments via a native integration with Finastra's Fusion Digital Banking Platform.
The Paypers
DECEMBER 9, 2022
Amazon has announced it plans to roll out a TikTok-like feed in its ecommerce app, in a bid to attract new shoppers through photos and videos from influencers.
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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.
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