Payments Dive
DECEMBER 22, 2022
The outgoing senator said he wanted to shield stablecoin activity from the Fed, which is still debating whether to issue a central bank digital currency. Toomey noted the Fed’s “significant skepticism” of stablecoins.
CFPB Monitor
DECEMBER 22, 2022
The CFPB recently addressed mortgage financing options in view of the current higher mortgage loan interest rate environment. The CFPB comments on adjustable rate mortgage (ARM) loans, temporary buydowns, home equity lines of credit (HELOCs) and home equity loans, loan.
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Payments Dive
DECEMBER 22, 2022
The big processors mushroomed in 2019 acquisitions, with promises that scale would pay off, but shareholders now urge them to consider divestitures.
CFPB Monitor
DECEMBER 22, 2022
We begin with a discussion of the goals and themes of FTA’s recent summit and AFC’s advocacy regarding retention of the strategic plan option under the Community Reinvestment Act. We then discuss consumer benefits of buy-now-pay-later (BNPL) and regulatory concerns.
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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
Payments Dive
DECEMBER 22, 2022
This year’s venture capital funding activity in payments paled in comparison to 2021’s record-setting year.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
The Paypers
DECEMBER 22, 2022
Digital payment processing firm Worldline ePayments India has received in-principle authorisation to act as a payment aggregator (PA) from the Reserve Bank Of India (RBI).
BankInovation
DECEMBER 22, 2022
J.P. Morgan Asset Management and cash management fintech Trovata are collaborating to offer access to higher yields on corporate investments amid rising interest rates and economic uncertainty through its Morgan Money platform, a multicurrency, trading and risk management system that launched in 2019. The collaboration will combine J.P. Morgan’s investment capabilities with Trovata’s ability to […].
The Paypers
DECEMBER 22, 2022
US-based neobank Cogni has debuted its noncustodial wallet as it seeks to follow a flurry of fintech firms into web3.
BankInovation
DECEMBER 22, 2022
Bank of America Senior Vice President Jorge Camargo is focused on delivering a high-tech, high-touch strategy to improve customer experiences. The $3.1 trillion bank continues to invest in both tech talent and in the bank’s virtual assistant, Erica — an effort that Camargo has led. Bank Automation News recently caught up with Camargo to discuss […].
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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 22, 2022
Private equity investment company Sygnus Deneb Investments has acquired a 42.2% stake in integrated B2B logistics services provider CS&T through a partnership with the Facey Group.
The Paypers
DECEMBER 22, 2022
Federal regulators have fined Wells Fargo a record USD 1.7 billion for ‘widespread mismanagement’ over multiple years that harmed over 16 million consumer accounts.
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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
DECEMBER 22, 2022
Swiss fintech NetGuardians has announced that Bank of Africa (BOA) will use NetGuardians’ fraud prevention software to safeguard its assets and branches in Morocco against internal and payment fraud.
The Paypers
DECEMBER 22, 2022
The European Commission has put forward the DAC8 proposal, which makes crypto operators responsible for collecting crypto asset information.
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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
DECEMBER 22, 2022
Data, analytics, and technology company Equifax has made an offer for the acquisition of consumer credit bureau Boa Vista to expand its reach in Brazil.
The Paypers
DECEMBER 22, 2022
Internet hosting service for software development and version control GitHub has partnered Tencent’s WeChat to improve user privacy.
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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
DECEMBER 22, 2022
Decentralized exchange Uniswap has partnered Moonpay in order to allow users to purchase cryptocurrencies using credit and debit cards.
American Banker
DECEMBER 22, 2022
The Paypers
DECEMBER 22, 2022
LexisNexis Risk Solutions has conducted a trial with two major banks in order to showcase a new AI-based APP scam detection system.
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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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