Wed.May 03, 2023

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FICO World 2023 - Agenda Focuses on 3 Key Fraud Strategies

FICO

Home Blog FICO FICO World 2023 - Agenda Focuses on 3 Key Fraud Strategies FICO’s annual conference is the place to learn more about making decisions at scale – not least for those fighting fraud Saxon Shirley Wed, 05/25/2022 - 03:43 by TJ Horan Vice President, Product Management expand_less Back To Top Wed, 05/03/2023 - 14:00 The fraud challenges facing organizations today are far beyond what could have been predicted pre-Covid and the stakes have never been higher.

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Andreessen Horowitz partners spy payments play

Payments Dive

Gaming, cannabis and telehealth are some of “high-risk” niches that would benefit from more vertical-specific payments software, two partners for the firm contend.

Payments 329
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FTP – Another Bank Failure and Another Learning Opportunity

South State Correspondent

Last week, we published an article [ here ] discussing how fair value accounting for assets and liabilities may have prevented the failure of Silicon Valley Bank, even if sound risk mitigation practices were not resolutely embraced by management. We argued that valuing assets at historical value or measuring net interest margin (NIM) is not only a static view of cash flow but also backward-looking.

Lending 195
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Jack Henry preps clients for FedNow

Payments Dive

The financial technology provider is encouraging clients to be prepared to receive payments through FedNow.

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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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Stock market reforms aim to revitalise City of London; US regional bank shares hit again – business live

TheGuardian

Rolling coverage of the latest economic and financial news, as FCA proposes shake-up that could expose investors to more risk Stock market reforms would ‘pass greater risk to investors’, FCA says FCA’s plan for stock market reform is both depressing and pragmatic Fed to raise interest rate again amid core inflation pressure Scott McCubbin, EY UKI IPO Leader, is urging the FCA to be careful about removing safeguards for shareholders, as it tries to make London a more attractive place to invest: M

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DIGITAL TRANSFORMATION TECHNOLOGIES TO IMPLEMENT FOR 2023

ATM Marketplace

When you’re responsible for ensuring your organization’s day-to-day operations run smoothly, securely, and reliably, it can be difficult to find time to look ahead at the technology that will define your business tomorrow. That’s why the Burroughs team has compiled a list of the top digital transformation technologies for 2023 & beyond.

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Finix takes aim at processor incumbents

Payments Dive

Now certified as a processor, Finix seeks to take on legacy and fintech rivals.

Fintech 243
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Climate protesters rework Spice Girls song to disrupt Barclays AGM

TheGuardian

Lyrics of Stop changed to ‘stop right now, no more oil and gas’ because of bank’s fossil fuel funding Business live – latest updates Barclays’ annual general meeting was disrupted by climate activists deploying Shakespeare-inspired quotes and reworked lyrics of a Spice Girls hit to condemn the bank’s role as one of Europe’s largest funders of fossil fuels.

Meeting 77
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Stripe launches a customisable smart reader

The Paypers

Financial infrastructure platform Stripe has launched a customisable Android-based smart reader to help businesses unify their online and in-person payment experiences.

Online 62
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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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The Fed raises US rates by a quarter point, signaling possible pause

BankInovation

The Federal Reserve raised interest rates by a quarter percentage point and hinted it may be the final move in the most aggressive tightening campaign since the 1980s as economic risks mount.

US 52
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JPMorgan rescues First Republic, but what next for US banking stocks?

The Banker

Can US regional banks put their problems behind them now that First Republic has been bought by JPMorgan Chase? Anita Hawser reports.

US 68
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Increased scrutiny on tech-forward banks

BankInovation

Tech-forward Silicon Valley Bank collapsed in March, followed two days later by Signature Bank and this week First Republic Bank. Now, all eyes are on financial institutions such as Pacific Western Bank and Western Alliance Bank.

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Revolut launches in Brazil

The Paypers

Revolut has launched in Brazil, marking the fintech firm’s first foray into Latin America.

America 74
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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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Transactions: US Bank brings embedded payments to PaperTrl

BankInovation

U.S. Bank is offering embedded payments capabilities to accounts payable automation software solution PaperTrl. The bank launched Instant Card in 2020 — a payment method for its business clients to use within the U.S.

US 52
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Lloyds profits jump by 46% amid higher interest rate charges

TheGuardian

But bank expects margins to drop because of tougher competition for mortgage and savings customers Profits at Lloyds Banking Group have jumped 46% amid higher interest charges for borrowers but the lender expects margins to drop over the rest of this year on the back of tougher competition for mortgage and savings customers. Like most of Britain’s big high street lenders, the group reported better-than-expected profits for the first three months of the year, suggesting the UK sector has broadly

Groups 49
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Boodil launches Pay by Portal solution for Open Banking payments

The Paypers

UK-based fintech Boodil has launched its Pay by Portal solution, a platform that reportedly allows businesses to benefit from A2A payments without the need for costly card fees.

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The Value of Pairing Landing Pages With Your Promotions

Image Works Direct

Landing pages are a versatile marketing tool to promote campaigns, but are you utilizing them to their full potential? When it comes to getting the most out of your marketing promotions, a landing page can help you optimize campaign success and drive consumer interaction with your brand.

Tools 36
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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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Finix becomes able to process payments

The Paypers

US-based Finix has become a payments processor, with instant onboarding due to its connection with major card networks such as American Express, Discover, Mastercard, and Visa.

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Jim Herbert built First Republic over 40 years. Then it all fell apart.

American Banker

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Citi expands collaboration with TIS

The Paypers

Citi Treasury and Trade Solutions (TTS) has partnered with cloud platform Treasury Intelligence Solutions (TIS) to launch cash flow forecasting and working capital insights for companies.

Capital 36
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Inside Stripe's push to diversify beyond payments

American Banker

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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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Zonos partners with Floship to augment ecommerce logistics

The Paypers

US-based Zonos has partnered with Floship to offer an ecommerce fulfilment solution for presentation, payment, and collections of duties and taxes on cross-border ecommerce shipments.

Taxes 36
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Powell: Fed made 'mistakes' in regulation and supervision on his watch

American Banker

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Onfido partners with Salesforce

The Paypers

Automated digital identity verification and authentication provider Onfido has launched its Real Identity Platform services for Salesforce Financial Services Cloud customers.

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Noble Credit Union in California picks next CEO

American Banker

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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.