CFPB Monitor

DECEMBER 16, 2021

The FTC’s recently updated rule implementing GLB standards for safeguarding customer information replaces the flexibility previously given to financial institutions in developing an information security program with new prescriptive requirements. Our discussion topics include what these new requirements mean for specific aspects of such programs, assigning employee responsibility, conducting risk assessments, installing access controls, using encryption, and who is covered by the rule.

Groups 147

Groups Security Data 147

BankInovation

DECEMBER 16, 2021

The digital ledger technology hits keep coming this month as HSBC and IBM today announced they’ve successfully used distributed ledger technology to conduct wholesale central bank digital currency (CBDC) transactions, including foreign exchange settlements and end-to-end securities transactions. The initiative started in March as part of a program sponsored by Banque de France, the central […].

Technology 98

Technology Security 98

TheGuardian

DECEMBER 16, 2021

Turkey’s president to hike minimum wage by 50% with other measures to come in attempt to stabilise currency Turkey’s president, Recep Tayyip Erdo?an, has vowed to take on the currency markets after a fresh cut in his country’s interest rates sent the lira plunging to its lowest ever level against the US dollar. Erdo?an said Turkey’s destiny would not be determined by the level of borrowing costs or by foreign exchange speculators despite signs his unorthodox approach to running the economy was l

US 97

US Marketing 97

BankInovation

DECEMBER 16, 2021

While machine learning (ML) and automation are helping to fight financial crimes like fraud and money laundering, there's still plenty of room for improvement. Since the onset of the pandemic, anecdotally, there's been "a huge uptick" in first-party financial fraud, or fraud perpetrated not under false identities, said Sandip Nayak, chief strategy and artificial intelligence […].

Fraud 98

Fraud Strategy 98

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

CB Insights

DECEMBER 16, 2021

2021 has been a landmark year for Andreessen Horowitz (a16z). The investor has seen a record 43 portfolio companies exit via M&A and IPO, including 3x more IPOs this year than any previous year on record. . Deal-making too has accelerated dramatically. 2021 has already seen more than double a16z’s previous annual deal record. We mined CB Insights data to track a16z’s investments over the past 5 years to see where the firm identifies the next big opportunity — and where it’s pumping the brake

blockchain 86

blockchain Report Data Company 86

William Mills

DECEMBER 16, 2021

The fear of missing out, or FOMO, affects nearly everybody. FOMO is a powerful social force that compels people to join in on popular trends and experiences. While FOMO as a concept predates social media, feelings associated with it have grown more intense with the rise of these platforms. Whether it’s about a party you didn’t get invited to or the latest industry trend, FOMO can manifest in personal and professional matters.

social media 70

social media Strategy Trends Capital 70

The Banker

DECEMBER 16, 2021

As financial inclusion has increased worldwide, one area has remained stubbornly difficult to crack: banking services for women in developing markets. Banks are now working on providing tailored services that address the issues keeping women out of the formal banking system. Kimberley Long reports.

System 69

System Marketing Report 69

The Emmerich Group

DECEMBER 16, 2021

There’s been a popular question around for decades: How to improve cross-selling in banks? Yes, some people don’t like to use the word “cross-sells” after what happened with a certain large bank that got into some trouble. But the reality is that bookkeeping is bookkeeping, and revenue per day producing items are sales, and cross-sells.

How To 67

How To Marketing 67

Bussman Advisory

DECEMBER 16, 2021

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: Dorsey resigns from Twitter Facebook’s executive in charge of cryptocurrency is leaving the company Investors see looming NFT bubble.

Miami 52

Miami blockchain social media Fintech 52

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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

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FICO

DECEMBER 16, 2021

A few weeks back I had the pleasure of participating in a LinkedIn Live broadcast with Scott Zoldi, FICO’s Chief Analytic Officer on the topic of model governance & artificial intelligence. I always welcome opportunities to participate in panel discussions with Scott (a genuine trailblazer in the field of AI and predictive analytics), as I invariably learn something new about the field of AI every time I do!

Analytics 52

Analytics Fraud Analysis Data 52

TrustBank

DECEMBER 16, 2021

Medicare is a federal health insurance program for people ages 65 and over and those with certain health conditions. It’s made up of several parts. In 2019, Medicare covered about 61.5 million Americans and is predicted to increase to 75 million by 2027. Many parts of Medicare involve paying a monthly premium. In some cases, your monthly premium may be adjusted based on your income.

Taxes 52

Taxes Washington Security Maine 52

CB Insights

DECEMBER 16, 2021

In 2021, Facebook became Meta, NFTs came to dominate media discussion, and companies increasingly adopted omnichannel marketing models. We covered all of these developments and many more across the customer engagement space, and we brought our top research together in the curated list below. DIGITAL CONTENT. [Client Research] Analyzing Snap’s Growth Strategy: How The Company Is Becoming A Leading Immersive & Shoppable Virtual Platform.

social media 57

social media Retail Branding Trends 57

The Paypers

DECEMBER 16, 2021

SME fintech Cashplus Bank has partnered with Equifax to launch a Business Creditbuilder tool, aimed to increase accessibility to lending for the 65% of new UK businesses who are refused access to credit.

Lending 59

Lending Tools Fintech 59

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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

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American Banker

DECEMBER 16, 2021

Policies 97

Policies 97

The Paypers

DECEMBER 16, 2021

Nium and Thailand-based Krungthai Bank (Krungthai) have partnered to improve global transfer offerings for both corporate and individual Krungthai customers across Thailand.

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American Banker

DECEMBER 16, 2021

Company 85

Company Fintech Digital Banking 85

The Paypers

DECEMBER 16, 2021

UK-based payment platform APEXX has entered a strategic partnership on Buy Now, Pay Later (BNPL) with Worldline to provide access to 12 BNPL platforms to merchants globally.

Payments 41

Payments 41

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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.

Lending

American Banker

DECEMBER 16, 2021

Compliance 85

Compliance Regulation 85

The Paypers

DECEMBER 16, 2021

A new study carried out by global card issuer Visa in Hong Kong, Macau, and Taiwan has shown that out of all residents, people from Macau prefer mobile QR code payments.

Study 41

Study Payments Mobile Cards 41

American Banker

DECEMBER 16, 2021

Digital Banking 78

Digital Banking 78

The Paypers

DECEMBER 16, 2021

EBANX , a payments platform, has acquired Remessa Online , a fintech that specialises in international remittance services, in a deal valued at USD 229 million.

Online 41

Online Fintech Payments 41

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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.

Lending

American Banker

DECEMBER 16, 2021

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The Paypers

DECEMBER 16, 2021

Indonesia-based BNPL platform Kredivo has expanded its reach in the retail sector by offering the Buy Now, Pay Later solution for IKEA ’s customers in Indonesia.

Payments 37

Payments Retail 37

American Banker

DECEMBER 16, 2021

Branding 74

Branding Fintech Payments 74

The Paypers

DECEMBER 16, 2021

To support its customers in buying their own photovoltaic system, klarsolar has partnered with digital financing specialist SWK Bank.

System 36

System 36

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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.

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