Fri.Mar 25, 2022

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4 steps to modernize your company's money movement

Payments Dive

What you need to know and consider as you set up payment operations for your business.

Company 370
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3 Ways to Optimize Digital Marketing for Banking | FinTalk

Jack Henry

“Should you treat all of your customers or members the same way?”. I was listening in on a training session for tellers and customer service representatives when the trainer tossed that very question out to the attendees, sparking a lively discussion. “Yes,” came the instant reply. “All of our accountholders deserve top-notch service.”.

Training 158
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Sightline taps JPMorgan Chase for gaming expansion

Payments Dive

Sightline is hiring the big bank after raising significant equity capital last year. Payments processors have unveiled new services as online gambling has increased over the past few years.

Capital 221
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2 trends to watch in the ATM market

ATM Marketplace

When it comes to the ATM industry, you need to keep your eye on these two trends: the growth of Bitcoin ATMs and innovative security solutions

ATM 113
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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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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Shift4's Finaro purchase entangled with Russian oligarch

Payments Dive

With its acquisition of financial services firm Finaro, Allentown, Pennsylvania-based payments company Shift4 awaits not only European regulatory approval but also a license from the U.S. Office of Foreign Assets Control due to a Russian oligarch’s minority stake in Finaro.

More Trending

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Advocacy group points to BNPL 'warning signs'

Payments Dive

As scrutiny of buy now-pay later comes to a head, a survey from advocacy organization Financial Health Network revealed financially vulnerable households are almost four times more likely to use BNPL to make purchases than those that are financially healthy.

Groups 195
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Listen: Weekly Wrap looks at automation journeys in commercial lending

BankInovation

In this Weekly Wrap episode of “The Buzz” podcast, the Bank Automation News team discusses the recent Bank Automation Summit 2022 with recorded excerpts from the panel “Modernizing Commercial Lending Through Automation.” Listen to find out how technology experts are deploying automation for commercial lending success in the wake of disruption and digitization.

Lending 96
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Why Make Paperless A Norm?

BankBazaar

Paperless processes for the win. It makes life easy for customers, companies and finally, the environment. Read on to know how and why. This is probably the most relevant day for current times. In a world of excess, it is really important to streamline processes to make systems more efficient and environmentally friendly. Going green is the best way to make sure that generations to come will have a bright future.

Video 78
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Global payroll solution for remote workers Multiplier sees valuation climb to $400M in new financing from Sequoia Capital India and Tiger Global. Multiplier competitors include Papaya Global, Deel, Omnipresent, Panther, Remote, and Velocity Global.

CB Insights

Multiplier , an HR platform, has raised $60M in Series B funding. The round drew participation from DST Global, Sequoia Capital India, and Tiger Global Management. the state of venture report. Download our free report to get the TL;DR on what you need to know about venture funding and trends in 2021. First name. Last name. Email. Company name. Job Title.

Capital 61
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The State of Automation in Financial Services 2024 Report

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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Fear is an Emotion, Not a Strategy.

TrustBank

Just as the dust was beginning to settle from the pandemic, here we are worrying about something new — the Russian invasion of Ukraine. Arguably, the world has been a scary place for a while and the invasion has made it a bit worse. The war has brought about new levels of uncertainty, market volatility and my favorite four-letter f-word…fear. Fear is a natural, powerful, and primitive human emotion that, more often than not, leads to bad decisions, making it difficult for many to “stay the cours

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Apple acquires Credit Kudos, an open banking startup that provides credit assessments, for $150M. Credit Kudos competitors include The ID Co., Nordigen, and Direct ID.

CB Insights

Apple acquired Credit Kudos , an open banking technology startup, at a reported $150M valuation in March 2022. <span data-sheets-value='{"1":2,"2":"<div class="cbi-cta-shortcode-wrapper"><div class="cbi-cta-shortcode-content"></div><div class="cbi-cta-shortcode-forms" ><div class="cta has-desktop"><div class="cta-desktop center-copy "><h4>FREE DOWNLOAD: STATE OF FINTECH 20

Apple 61
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Apple buys UK FinTech start-up Credit Kudos | Goldman Sachs conducts first OTC crypto trade | ANZ becomes first Australian bank to mint stablecoin

Bussman Advisory

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: Apple buys UK FinTech start-up Credit Kudos Goldman Sachs conducts first over-the-counter crypto trade with Galaxy ANZ becomes first Australian bank to mint stablecoin.

Apple 52
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Explainability in Fraud Management — What to Focus On Now

FICO

While it may seem like an esoteric topic, explainability in fraud management is important – and it’s especially relevant when it comes to using AI and machine learning in fraud detection and prevention. At the core, explainability in fraud management means that we have an understanding of the methods used, how the systems work and how data points inform the decisioning that happens.

Fraud 52
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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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.

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Ping Identity, TD SYNNEX to roll out identity security solutions in NA

The Paypers

US-based Ping Identity has partnered with solution distributor TD SYNNEX to bring identity security solutions to clients in the US and Canada.

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There’s Still Time To Join Marketing Madness!

Image Works Direct

At image.works, we realize that if there’s one thing that sets March apart from other months, it’s brackets. With the NCAA tournament basically re-shaping our idea of the month, we thought we’d join in on the fun with our own tournament.

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OCC overhauls community, midsize bank supervision

American Banker

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Genome becomes Google Pay compatible

The Paypers

Lithuania-based electronic money institution Genome has provided Google Pay services on its virtual cards.

Google 41
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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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Banks fight for tech talent as competitors swirl

American Banker

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Aareal takes over payment solution provider CollectAI from Otto Group

The Paypers

Germany-based Aareal Bank Group has acquired all shares in Collect Artificial Intelligence GmbH ( CollectAI ), a payment solution provider from the Otto Group for AI-supported, intelligent billing and dunning.

Groups 31
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Fed watching red-hot housing market for financial stability risks

American Banker

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Chetwood Financial acquires Yobota to expand BaaS capabilities

The Paypers

UK-based digital bank Chetwood Financial has announced the acquisition of core banking provider Yobota to extend Chetwood’s Banking-as-a-Service (BaaS) capabilities.

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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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.

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FDIC advances bank merger proposal

American Banker

FDIC 74
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CBE rolls out InstaPay app for bank clients

The Paypers

The Central Bank of Egypt (CBE) has launched the National Instant Payment Network and InstaPay mobile app, which will allow clients to process fund transfers instantly.

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No Social Security number? No problem: ITIN loans fill a gap.

American Banker

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Mizuho teams up with Google Cloud

The Paypers

Japan-based Mizuho and Google Cloud have announced a strategic collaboration to accelerate the bank’s digital transformation and retail innovation strategy.

Google 31
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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.