Amex acquires B2B automation company Nipendo
Payments Dive
JANUARY 12, 2023
The acquisition is the latest B2B move for the card company, which expects Nipendo’s capabilities to strengthen its position in that market.
Payments Dive
JANUARY 12, 2023
The acquisition is the latest B2B move for the card company, which expects Nipendo’s capabilities to strengthen its position in that market.
CFPB Monitor
JANUARY 12, 2023
The CFPB has filed an amicus brief in Mohamed v. Bank of America, N.A. in which it argues that a prepaid card loaded with pandemic-related unemployment benefits is a “prepaid account” subject to Regulation E, including its error resolution requirements.
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Payments Dive
JANUARY 12, 2023
With industry acquisitions ramping up this year, payments analysts have pinpointed a pack of potential payments company targets.
BankUnderground
JANUARY 12, 2023
Kristina Bluwstein, Sudipto Karmakar and David Aikman. Introduction. Inflation reached almost 9% in July 2022, its highest reading since the early 1990s. A large proportion of the working age population will never have experienced such price increases, or the prospect of higher interest rates to bring inflation back under control. In recent years, many commentators have been concerned about risks to financial stability from the prolonged period of low rates, including the possibility of financia
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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
CFPB Monitor
JANUARY 12, 2023
We first discuss the multiple benefits of diversity, equity, and inclusion (DEI) for financial institutions, the challenges and opportunities institutions face in implementing a DEI strategy, and how DEI applies beyond an institution’s workforce. We then consider the risk of.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
The Paypers
JANUARY 12, 2023
The People’s Bank of China (PBC) has included in its currency circulation report the country’s central bank digital currency (CBDC), the e-CNY, also known as digital yuan.
BankInovation
JANUARY 12, 2023
U.S. Bank is eyeing embedded payments in vehicles as more technology providers blur the lines between products, services and industries. Sony and Honda, for example, are partnering to launch the Afeela electric car that serves both as a transportation vehicle and an entertainment hub, the companies announced at the 2023 Consumer Electronics Show in Las […].
The Paypers
JANUARY 12, 2023
The European Banking Authority (EBA) has published its peer review on authorisation of payment institutions and e-money institutions under the revised Payment Services Directive (PSD2).
BankInovation
JANUARY 12, 2023
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon has spent the past year reassuring analysts and investors that the bank’s multibillion-dollar binge on technology ventures is part of a carefully designed plan that will pay off. But a lawsuit filed by the bank against the founder of one of those ventures — a complaint […].
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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
JANUARY 12, 2023
The Prudential Regulation Authority (PRA), the regulatory arm of the Bank of England , has set out its priorities for 2023 in a letter to chief executives of institutions.
BankInovation
JANUARY 12, 2023
As the banking space continues to evolve, financial institutions are finding that companies they previously considered rivals may be potential partners. In a survey of 792 bank decision-makers in 50 countries conducted by France-based Sopra Banking Software, 77% of senior banking executives said they “feel pressured” to partner with fintechs to stay relevant in the […].
The Paypers
JANUARY 12, 2023
Crypto.com has decided to delist the USDT stablecoin in Canada following the CSA’s increased oversight over crypto exchanges.
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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
JANUARY 12, 2023
US-based provider of digital IP infrastructure to music companies Revelator has launched its NFT payment infrastructure in collaboration with payment company Stripe.
American Banker
JANUARY 12, 2023
The Paypers
JANUARY 12, 2023
US-based Ava Labs has partnered Amazon Web Services to accelerate the enterprise, government, and institutional adoption of blockchain.
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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
JANUARY 12, 2023
UK-based cross-border payments platform Currencycloud has partnered money service operator Windsor First to launch a multi-currency account solution for the latter’s clients.
The Paypers
JANUARY 12, 2023
PayPoint has partnered with Funding Circle , helping UK’s small business lending platform provide funding access to PayPoint’s network of 28,000 UK retailer partners.
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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
JANUARY 12, 2023
Lithuania-based iDenfy has partnered UK-based Primo Dialler in order to improve the latter’s onboarding process while securing against fraud.
The Paypers
JANUARY 12, 2023
The Central Bank of the UAE (CBUAE) has issued new guidelines for licensed financial institutions (LFIs) on anti-money laundering and combatting the financing of terrorism (AML/CFT).
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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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