Former First NBC Bank CEO found guilty of fraud, faces prison
American Banker
FEBRUARY 13, 2023
Payments Dive
FEBRUARY 13, 2023
The payments processor plans to spin off its merchant business, which will reclaim its Worldpay name, and appointed its former CEO, Charles Drucker, to lead the unit.
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South State Correspondent
FEBRUARY 13, 2023
Last week we highlighted the lessons that machine learning taught us about the Unified Deposit Formula ( HERE ). Embodied in the Unified Deposit Formula is a marketing and amplification equation. In this article, we expand on the lessons we learned from artificial intelligence regarding raising deposits and explore how we can better use the Formula, and its lessons, to optimize deposit gathering.
Payments Dive
FEBRUARY 13, 2023
Once it’s published, use of the new code “is eventually left up to the users in the industry,” an ISO spokesperson said.
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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
Cisco
FEBRUARY 13, 2023
Episode 35 of the Cisco Optics Podcast is now posted! See below for episode notes. Cisco Optics Podcast Episode 35 Fascinating laser research projects you wish you thought of, with Juliet Gopinath.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
ABA Community Banking
FEBRUARY 13, 2023
For Valentine's Day, the ABA Banking Journal Podcast brings you a classic bank-meets-girl-meets-boy love story. The post Podcast: A classic love story gets its start in a D.C. bank branch appeared first on ABA Banking Journal.
Payments Dive
FEBRUARY 13, 2023
The agreement aims to reduce friction for connected-car payments and enhance mobile payment acceptance at 60,000 convenience stores.
Cisco
FEBRUARY 13, 2023
I grew up 228 miles northwest of New York City in a rural village dotted with small farms. It was in this environment that I felt closest to planet Earth.
CFPB Monitor
FEBRUARY 13, 2023
The New York Department of Financial Services (DFS) has issued final regulations implementing the state’s Commercial Finance Disclosure Law (CFDL) which requires consumer-like disclosures for “commercial financing” transactions of $2.5 million or less. The regulations became effective on February 1, 2023, the date a Notice of Adoption was published in the New York State Register. .
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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
FEBRUARY 13, 2023
US-based payments processing fintech HUMBL has launched its mobile wallet feature to provide customers with multiple services and solutions.
BankInovation
FEBRUARY 13, 2023
We’ve seen a rise of innovation in financial services over the past few decades, which has brought us to the current boom of the embedded fintech market. Embedded fintech is the integration of financial services with non-financial business infrastructures, without the need to redirect customers to traditional financial institutions.
The Paypers
FEBRUARY 13, 2023
Switzerland-based cybersecurity company WISeKey has announced a public registration statement to make a partial spin-off of SEALSQ, WISeKey’s semiconductor business.
BankInovation
FEBRUARY 13, 2023
Technology provider Finastra is launching an asset liability management solution aimed at helping small- and medium-sized banks with their balance sheet and compliance needs. The cloud-based software-as-a-service (SaaS) solution, named ALM IQ, is a platform-agnostic microservice designed to help banks with data consolidation, operational efficiency and regulatory compliance, according to Finastra.
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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
FEBRUARY 13, 2023
Saudi Arabia’s Ministry of Industry and Mineral Resources has signed an MoU with Standard Chartered Bank in order to improve investments in mining.
BankInovation
FEBRUARY 13, 2023
Banco Santander Global Chief Information Officer David Chaos is focused on cloud migration, modern technology and acquiring talent in his role at the bank. The Cantabria, Spain-based bank is migrating its core banking platform to the cloud through a partnership with Google Cloud, which was first announced in October.
The Paypers
FEBRUARY 13, 2023
Fintech company Paysera has announced the acquirement of a 1,5 MW solar park and a 600-kW wind farm on the park’s land in the southwest of Lithuania.
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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
FEBRUARY 13, 2023
Netherlands-based fintech Adyen has broadened its partnership with mobility platform FREE NOW to offer card issuing for mobility.
Qudos Bank
FEBRUARY 13, 2023
If you’ve decided that now’s the time to give your home a makeover, then it’s important to work out what your home renovation budget is, and how much things will cost. Expenses associated with home modifications can easily snowball, so working out what’s worth spending money on and where you can save money can make all the difference. There are other things to consider, like how to cover these costs, as well as common dos and don’ts when renovating your home.
The Banker
FEBRUARY 13, 2023
Asia has a wide infrastructure gap, which was further exacerbated during the Covid-19 pandemic. As countries look to new ways of raising financing, innovative structures and a focus on renewables is helping to lure in new investors. Kimberley Long reports.
The Paypers
FEBRUARY 13, 2023
UK-based regulatory body Payment Systems Regulator (PSR) has recently published its latest consultation on guidance to help PSPs provide correct data when reporting their Authorised Push Payment (APP) scams.
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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
FEBRUARY 13, 2023
Identity solutions company HID Global has acquired GuardRFID , a provider of real-time location services in the healthcare space, to create a safer experience for patients and staff.
The Banker
FEBRUARY 13, 2023
The delayed Basel III reforms are poised for progress in 2023, but there are signs of divergence between EU, UK and US implementation. James King investigates.
The Paypers
FEBRUARY 13, 2023
India-based digital lending and full-stack financial service platform MyShubhLife has partnered digital banking platform Easy Pay to provide a line of credit for Easy Pay merchants.
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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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