Accenture: Banking

AUGUST 2, 2024

As you start strategic planning this August, consider this: automated, data-driven lending is no longer a future vision—it’s happening now. In our Commercial Banking Top Trends for 2024, we spotlight this critical trend shaping the industry’s future. This three-part blog series looks at the future of lending, reflecting on industry experiences and providing insights into… The post Key disruptions shaping the future of lending appeared first on Accenture Banking Blog.

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Perficient

AUGUST 2, 2024

Imagine a world where your business can effortlessly keep pace with technological advancements and continuously changing customer expectations. The ability to swiftly develop new technology products and applications is crucial to staying competitive. However, relying solely on in-house development capabilities is not always feasible for many organizations.

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Payments Dive

AUGUST 2, 2024

Financial institutions expect business clients to be a driver of instant payment revenue, but adopting the technology comes with hurdles, the results of a recent survey showed.

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ATM Marketplace

AUGUST 2, 2024

A panel entitled "Using Financial Education as a Marketing, Engagement Tool" at the Bank Customer Experience Summit held in Charlotte from Sept. 9 to 11 will address this topic in detail.

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Why Legacy Lending Workflows Are Costing You More Than You Think Legacy systems and manual workflows might feel familiar, but they come with growing risks—compliance gaps, costly delays, and lost opportunities. This guide breaks down why clinging to traditional processes is no longer sustainable and how automation can help lenders regain control, improve efficiency, and reduce risk across the closing process.

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Payments Dive

AUGUST 2, 2024

“In the aftermath of the CrowdStrike outage, Congress and state lawmakers should look for opportunities to build backups and redundancies into critical online systems,” writes a payments consultant.

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BankUnderground

AUGUST 2, 2024

Jenny Chan, Sebastian Diz and Derrick Kanngiesser In recent years, increases in global energy prices have posed significant challenges for net energy importers such as the UK or the euro area. In addition to the inflationary impact, increases in the relative price of energy imply a decline in real incomes for the energy importers. In this blog post, we introduce a macroeconomic model that captures the direct adverse effects on aggregate demand caused by energy price shocks (a notion that resonat

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American Banker

AUGUST 2, 2024

While banks are trying to advance, regulators are lagging, with outdated rules failing to address today's technological and digital asset realities. It's time for a new paradigm in banking regulation.

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BankInovation

AUGUST 2, 2024

U.S. Bank is developing AI-driven solutions for its business clients, with its latest efforts targeting the launch of an AI-driven cash-forecasting tool. Major financial institutions like Bank of America, Citizens Bank and PNC Bank have already deployed cash-forecasting solutions.

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American Banker

AUGUST 2, 2024

The federal Project Fortress initiative provides defensive tools for banks. Community-banking groups and regulators' associations say small banks in particular need the free and accessible help.

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Advertiser: Trellis

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The Paypers

AUGUST 2, 2024

People’s Clearinghouse has announced its partnership with the Interledger Foundation in order to launch a digital cross-border payment infrastructure project.

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Payments 74

American Banker

AUGUST 2, 2024

The bank doubled down on promises to use legal action if the Consumer Financial Protection Bureau brings an enforcement action against it related to fraud on the Zelle platform, saying in a statement that it would "not hesitate to seek assistance from courts.

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BankInovation

AUGUST 2, 2024

Cambridge Savings Bank is executing a three-year digital roadmap with automation, client experience and modern platforms at the forefront of the effort. “Our mandate is digitize everything right now as much as we can,” Chief Operating Officer Kevin McGuire told Bank Automation News. As the Cambridge, Mass.

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The Paypers

AUGUST 2, 2024

The Payment Systems Regulator (PSR) has published its latest report on the performance of payment firms in addressing Authorised Push Payment (APP) scams for the year 2023.

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Advertiser: ZoomInfo

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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American Banker

AUGUST 2, 2024

A bill from Sens. Richard Blumenthal, D-Conn., and Elizabeth Warren, D-Mass., and companion House legislation from Rep. Maxine Waters, D-Calif.

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The Paypers

AUGUST 2, 2024

The European Central Bank (ECB) and the European Banking Authority (EBA) have published a collaborative report on payment fraud data.

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American Banker

AUGUST 2, 2024

Industry participants say more direct communication between fintechs and federal regulators could help avoid bad outcomes. Some underused legal tools could help bridge the gap.

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The Paypers

AUGUST 2, 2024

The UK Law Commission has released a report in which it proposes legal reforms to better protect the unique features of digital assets.

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Report 41

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American Banker

AUGUST 2, 2024

Nine federal regulatory agencies are requesting comment on a rule that would create data standards for supervisory information collected and submitted to financial regulators.

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The Paypers

AUGUST 2, 2024

Finastra has announced its partnership with Tech Mahindra in order to accelerate the process of digital development for corporate banks and financial institutions.

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American Banker

AUGUST 2, 2024

The agency admitted navigating the different rules and regulations involved in its four existing lines of credit proved time consuming and confusing and kept some lenders from offering them altogether.

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The Paypers

AUGUST 2, 2024

Deutsche Bank has launched BASF’s first sustainability-linked payables finance program in Asia, with a focus on its operations in China.

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Operations 36

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American Banker

AUGUST 2, 2024

South Carolina's Optus Bank appoints Benita Lefft its new president; B2B marketplace DesignRush releases its hottest states for digital business growth; Morgan Stanley announces Ellen Zentner's newly created team within the bank's investment wing; and more in the weekly banking news roundup.

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The Paypers

AUGUST 2, 2024

Paymentology has teamed up with Salaam Bank 's Waafi app to launch the Horn of Africa's first tokenized tap-to-pay digital and physical cards.

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Cards 36

The Paypers

AUGUST 2, 2024

Layer2 Financial , a Canada-based regulated payments infrastructure company, has secured USD 10.7 million in a Series A funding round.

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The Paypers

AUGUST 2, 2024

SUNRATE has announced its official launch in Vietnam, aiming to strengthen its global footprint, especially the Asia-Pacific region.

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Regional 36

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