South State Correspondent

JANUARY 3, 2023

Despite reaching the highest profitability in over a decade in 2022, US banks overall trade at a discount to other sectors as measured by P/E or P/Book, and approximately 53% of US banks have earned less than their cost of equity over the last five years. The high profitability for banks in 2022 was propelled by an increase in net interest margin (NIM), primarily due to rising interest rates as the Federal Reserve embarked on the most severe hiking cycle in the last four decades.

Community Bank 221

Community Bank Community Data Marketing 221

Payments Dive

JANUARY 3, 2023

The payments company renewed Frank Bisignano’s contract for another five years and gave him a 6% base salary increase.

Payments 273

Payments Company 273

TheGuardian

JANUARY 3, 2023

Bank says changing minimum qualification policy opens scheme to 64,000 more candidates each year Santander UK will no longer require graduates applying to work there to achieve a 2:1 degree or higher, as part of efforts to boost the socioeconomic diversity of its recruits. The bank said the change would lead to an extra 64,000 more applicants being eligible for its annual graduate scheme and reflected the fact that university performance did not guarantee success in the workplace.

Policies 98

Policies 98

Banking Exchange

JANUARY 3, 2023

Aside from rising interest rates, experts are siting other factors when it comes to the real estate Mortgage Credit Feature Human Resources Mortgage Mortgage/CRE Feature3 Risk Management Customers.

Risk Management 78

Risk Management Resources Management 78

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.

US

TheGuardian

JANUARY 3, 2023

Finance workers’ union says number of bank heists has fallen off as use of cash has decreased in recent years Denmark has recorded its first year without bank robberies, as the use of cash has dwindled in recent years, the country’s finance workers’ union said. The increasingly cashless society had led banks to reduce their cash services, the union said on Monday, leaving little potential loot for robbers.

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ATM Marketplace

JANUARY 3, 2023

In 2022, the top stories included speculation over a potential acquisition of NCR as well as cannabis dispensaries.

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98

The Paypers

JANUARY 3, 2023

The Bank of Russia has announced that it would extend its support package for National Payment System (NPS) entities in 2023.

System 74

System Payments National 74

BankInovation

JANUARY 3, 2023

As banking as a service (BaaS) nears mainstream adoption, there is a significant opportunity for banks to join the BaaS ecosystem, develop new relationships with fintech firms and create new revenue streams for themselves at the same time. The mobile industry is one sector where we will see BaaS become readily adopted by mobile providers, […].

Mobile 52

Mobile Fintech Industry 52

FICO

JANUARY 3, 2023

Home. Blog. FICO. Agile Collections Strategies Can Protect Loyalty in Tough Times. As economic victims swell the collections queue, do you have the tools you need to differentiate them and apply the correct treatments to different cohorts? FICO Admin. Tue, 07/02/2019 - 02:45. by Bruce Curry. Senior Principal Consultant. expand_less Back To Top. Wed, 12/28/2022 - 10:15.

Strategy 52

Strategy Policies Analytics Management 52

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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

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BankInovation

JANUARY 3, 2023

Banks are considering where to invest in 2023 to meet client needs, ranging from digital offerings to customer experience. Understanding the priorities of a vast client base can help large banks like $1.8 trillion Wells Fargo decide which products or services are needed, as well as strategy for the year ahead, Reetika Grewal, executive vice […].

Digital Banking 52

Digital Banking Customer Experience Meeting Strategy 52

The Paypers

JANUARY 3, 2023

Canada-based Shopify has revealed a new Audiences marketing tool that can help retailers target potential customers through ad platforms.

Tools 63

Tools Apple Retail Marketing 63

BankInovation

JANUARY 3, 2023

Lindsay Holden, head of Truist Foundry and co-founder of fintech Long Game, will present during the session “Ideation in banking – The art of generating new ideas for products, processes and strategies” at the Bank Automation Summit U.S. 2023 on Thursday, March 2 at 11:15 a.m. ET. Holden will discuss strategy development, changing legacy technology […].

US 52

US Strategy Fintech Technology 52

The Paypers

JANUARY 3, 2023

Public sector Indian Bank has unveiled a QR code bill payment system for Chamundeshwari Electricity Supply Corporation (CESC) helping the power distribution company diversify its payments.

System 41

System Payments Company 41

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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

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American Banker

JANUARY 3, 2023

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The Paypers

JANUARY 3, 2023

The Bangko Sentral Pilipinas (BSP) has extended the waiver of fees on fund transfers for users of its Philippine Payment and Settlement System ( PhilPaSSplus ).

System 41

System Payments 41

The Banker

JANUARY 3, 2023

Prioritising customer support, more face-to-face interactions and sustainable practices are among the key 2023 predictions for the retail banking industry in Europe. Sonja Wind reports.

Retail 36

Retail Trends Industry Report 36

The Paypers

JANUARY 3, 2023

Binance has entered the final phase of acquiring Korea-based crypto exchange Gopax. The company is completing due diligence (DD) on the acquisition and finalizing the process.

Company 36

Company 36

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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

American Banker

JANUARY 3, 2023

Fintech 89

Fintech Technology 89

The Paypers

JANUARY 3, 2023

Credefi , a crypto peer-to-peer lending platform, has announced it now has the right to position itself as ‘Credefi – Powered by Experian’

Lending 36

Lending 36

American Banker

JANUARY 3, 2023

Compliance 69

Compliance Regulation 69

The Paypers

JANUARY 3, 2023

The UK has enforced a tax exemption for foreign investors purchasing crypto through local investment managers or brokers starting from January 1, 2023.

Taxes 36

Taxes Management 36

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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.

Lending

American Banker

JANUARY 3, 2023

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69

The Paypers

JANUARY 3, 2023

Lithuania-based company mano.bank has partnered with iDenfy to onboard their customers more securely with a four-step ID verification process.

Security 36

Security Company 36

American Banker

JANUARY 3, 2023

Policies 69

Policies 69

The Paypers

JANUARY 3, 2023

India-based company The Insight Partners has published a study article about the real-time payment market and the expectations regarding it.

Marketing 36

Marketing Payments Study Company 36

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