Payments Dive
MARCH 4, 2022
The Jacksonville, Florida-based payments company expects buy now-pay later to be the fastest-growing e-commerce payment method through 2025 in the U.S. and Canada.
Abrigo
MARCH 4, 2022
Synthetic ID fraud is growing quickly and hurts FIs and customers Knowing the schemes associated with synthetic identity fraud and how criminals avoid detection can help minimize losses. Would you like other articles like this in your inbox? Takeaway 1 Synthetic identity fraud is a growing form of identity theft in which an individual is impersonated by using stolen information.
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ATM Marketplace
MARCH 4, 2022
ATM companies are beginning to feel the heat as cashless tech is continuing to advance. Can ATMs offset these losses by adopting cashless solutions?
BankInovation
MARCH 4, 2022
Citizens Commercial Banking surveyed 260 corporate decision makers and found that 85% are looking to banks to provide real-time payment solutions — ranking it higher than other banking priorities such as lowest-cost financing. It’s a seismic shift resulting from the pandemic, Matthew Richardson, head of product solutions at Citizens Commercial Banking, tells Bank Automation News […].
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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
TheGuardian
MARCH 4, 2022
We take a look at those blacklisted by the US, EU and UK so far Russia-Ukraine war: live news The west has broadened its sanctions against politicians, businesses and individuals with links to Russia since Moscow invaded Ukraine. However, the EU has accused the UK government – which has a list of more than 100 Russian oligarchs facing sanctions over the coming weeks – of lagging behind in taking action.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
CFPB Monitor
MARCH 4, 2022
On February 4, 2022, the FTC sent its annual letter to the CFPB reporting on the FTC’s activities related to the Equal Credit Opportunity Act (ECOA) and Regulation B. The Bureau includes the FTC’s annual letter in its own annual report to Congress on the ECOA. The FTC has authority to enforce the ECOA and Regulation B with respect to nonbank financial service providers within its jurisdiction.
The Paypers
MARCH 4, 2022
UK-based payments advisory CMSPI has estimated that European merchants spent nearly EUR 7 billion on fraud prevention in 2021 and have issued context and strategies to optimise the process.
CB Insights
MARCH 4, 2022
Connecteam, a deskless workforce management software provider, has raised $120M in a Series C round that drew participation from Insight Partners, Stripes Group, and Tiger Global Management, among others. HOW’S THE COMPANY PERFORMING? New York-based Connecteam helps companies manage deskless employees. The company states that its revenue expanded by 400% in 2021.
The Paypers
MARCH 4, 2022
Retail giant Amazon.com announced its plans to close all 68 of its brick-and-mortar bookstores, pop-ups and shops carrying toys and home goods in the US and UK.
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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
MerhantsBanks
MARCH 4, 2022
The helpful articles you’ve come to expect from Merchants Bank are moving to a new home – on our soon-to-be enhanced website! You’ll find our blog articles in the upper right-hand corner of our new home page: You’ll even be able to select blog articles by topic to find the financial education that matters most […].
The Paypers
MARCH 4, 2022
Nordic-based fintech Lunar has announced the launching of a solution that allows its customers to accept and track online payments.
Bussman Advisory
MARCH 4, 2022
FinTech Ecosystem Insights by Bussmann Advisory is our weekly newsletter with over 40’000 subscribers across different social media channels, summarizing relevant news and reports related to ecosystems around disruptive technologies, highlighting key updates from the industry as well as our portfolio companies: Deutsche Bank’s key Russian IT unit hangs in the balance EU bars 7 Russian banks from SWIFT Charles Schwab is prepping its first crypto product.
CB Insights
MARCH 4, 2022
Anrok , a SaaS sales tax solution, has raised $20M in a Series A. The round drew participation from Index Ventures and Sequoia Capital. HOW’S THE COMPANY PERFORMING? California-based Anrok unifies sales tax monitoring, calculation, and payments processes across the enterprise financial stack. Anrok’s revenue has increased 7x over the past 6 months, and its team size has more than doubled.
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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
MARCH 4, 2022
US-based licence management company PACE Anti-Piracy has launched White-Box Works, an EMVCo-evaluated code generator to boost data protection for PSPs, banks and other FIs.
The Paypers
MARCH 4, 2022
Fintech Paysera has noticed a growing interest among Ukrainians in opening accounts in the European Union, according to an official press release.
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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
MARCH 4, 2022
Canada-based integrated ecommerce platform WeCommerce has announced plans to acquire KnoCommerce for USD 2.1 million in cash.
The Paypers
MARCH 4, 2022
Dreamplug Technologies, which operates fintech startup Cred , has decided to apply for an account aggregator (AA) licence from the Reserve Bank of India (RBI), according to The Economic Times.
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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
MARCH 4, 2022
US-based retailers Walmart has launched Walmart2Walmart, a service through which customers can send money from any US Walmart to any Walmart store in Mexico for USD 2.50 per transaction.
The Paypers
MARCH 4, 2022
Broker ETX Capital has implemented TrueLayer ’s Open Banking platform to deliver instant deposits and withdrawals for the former’s customers, according to IBS Intelligence.
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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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