Mon.May 29, 2023

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UK banks shortchanging savers with ‘measly’ rates, says Which?

TheGuardian

Some instant access accounts as low as 0.1% despite Bank of England’s 4.5% base interest rate UK banks are paying savers “measly” rates on their cash even as the Bank of England has taken its base interest rate to the highest level in more than a decade, according to a study from the consumer group Which? Consumers face rates as low as 0.1% for some instant access savings accounts, Which?

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Binance launches a crypto trading platform in Japan

The Paypers

Cryptocurrency exchange Binance has announced that it will launch a crypto trading platform in Japan that will be fully compliant with local regulations.

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Bank failures' ripple effects

American Banker

Fraud 101
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Ghana launches a platform to promote cybersecurity

The Paypers

The Bank of Ghana has conceived the Financial Industry Command Security Operations Centre (FISOC) to improve cybersecurity resilience in the country.

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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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'It's hard for banks to be taken seriously': The essentials of crisis communication

American Banker

More Trending

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When risk management fails

American Banker

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Nuvei partners with Wonderful Copenhagen

The Paypers

Canada-based fintech Nuvei has started collaborating with non-profit tourism organisation Wonderful Copenhagen to provide payment services for The Official Copenhagen City Card.

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Comerica in 'serious violation' of Treasury's Direct Express program

American Banker

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Tranglo partners with Al Ansari

The Paypers

Cross-border payment hub Tranglo has partnered with Al Ansari to expand in the GCC region and to improve the latter’s remittance experience for its clients.

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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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What's needed to prevent future bank failures

American Banker

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FinMont partners with dLocal for payments

The Paypers

Payment orchestration platform FinMont has announced a partnership with emerging markets payment provider dLocal for payments in Africa, Asia, and Latin America.

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JPMorgan Chase’s Jamie Dimon: What It Takes to Be an Effective Banking Leader

The Financial Brand

This article JPMorgan Chase’s Jamie Dimon: What It Takes to Be an Effective Banking Leader appeared first on The Financial Brand. Dimon torpedoes conventional thinking about bank leadership — and reveals when he'll know it's time to go. This article JPMorgan Chase’s Jamie Dimon: What It Takes to Be an Effective Banking Leader appeared first on The Financial Brand.

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E4E Relief taps Tipalti to speed up payments to people in hardship

The Paypers

US-based emergency relief organisation E4E Relief has selected Tipalti to accelerate the distribution of funds to people affected by disasters and hardship.

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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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Either regulate Big Tech's entry into finance now, or regret it later

American Banker

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EML Payments, Visa launch digital gift card for the US and Canada

The Paypers

Australia-based payments provider EML Payments has worked with Visa to offer its private label digital gift cards for shopping centres in the US and Canada.

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Marstone partners with American Bank and Trust

The Paypers

Digital wealth technology firm Marstone has announced its partnership with American Bank and Trust to provide its services to the latter’s branches.

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Nymbus raises USD 70 million in Series D funding round

The Paypers

Banking technology solutions provider Nymbus has raised USD 70 million in Series D funding round for developing new offerings and expanding its services.

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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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ICICI Bank to ask for ID for non-clients 2,000 IRN exchange

The Paypers

India-based ICICI Bank has announced its decision to require non-bank customers for ID proof in order for them to exchange IRN 2,000 banknotes.

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AFS and Visa to launch prepaid business cards in Bahrain and Oman

The Paypers

Bahrain-based fintech enabler Arab Financial Services (AFS) has enabled its merchant community with Visa prepaid cards in Bahrain and Oman.

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Binance obtains a digital asset operator licence in Thailand

The Paypers

Cryptocurrency exchange Binance has obtained a digital asset operator licence in Thailand via a partnership with Gulf Innova.