ATM Marketplace
JULY 23, 2021
The ATM industry is now at the beginning of creating the new standard that will eventually take over and provide enormous benefits to all ATM stakeholders including vendors, banks and ATM user.
BankInovation
JULY 23, 2021
This week, the Bank Automation News team discusses how identity decisioning platform provider Alloy is using artificial intelligence to attract Generation Z customers. Gen Z, youth born after 1997, can present a challenge to banks because they generally lack traditional credit and banking services. The BAN team also drilled down on the security risks posed […].
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ATM Marketplace
JULY 23, 2021
There are many sessions at the Bank Customer Experience Summit that will provide excellent information. Here are three in particular that you should check out.
CFPB Monitor
JULY 23, 2021
The Department of Defense (DoD) has issued a report to the House Committee on Armed Services regarding the impact of a Military Annual Percentage Rate (MAPR) cap lower than 30% on military readiness and servicemember retention. The DoD, in consultation with the Treasury Department, was required to provide the report by the National Defense Authorization Act for Fiscal Year 2021.
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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
TheGuardian
JULY 23, 2021
Collectors likely to snap up new 50p – some London 2012 coins are worth 100 times their original value Sports fans watching the Olympics this weekend might be tempted to buy a Team GB commemorative 50p coin – and if past experience is any guide, it could turn out to be a good investment. In January 2020, the Royal Mint launched its Team GB 50p, but only as a special purchase as part of an annual set.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
CB Insights
JULY 23, 2021
Capchase , a company that provides access to non-dilutive capital, has raised $280M in a mix of debt and equity. $50M was raised in a Series B round from the i80 Group and $230M in a debt round from undisclosed Investors. HOW’S THE COMPANY PERFORMING? Massachusetts-based Capchase helps firms acquire capital otherwise tied up in future predictable revenue payments.
BankInovation
JULY 23, 2021
A cryptocurrency exchange marks a milestone in the sector this week, with a series B fundraise of $900 million announced Tuesday. Meanwhile, investors continue to show interest in investment and open banking platforms, as well as spend-management fintechs. Here is the list of these and other notable fundraises this week from Bank Automation News. FTX […].
CB Insights
JULY 23, 2021
Bill.com , a business payment platform, has acquired Invoice2go , an accounting platform, for $625M in cash and equity. WHO ARE THE PARTIES TO THE DEAL? Invoice2go: US-based Invoice2go offers services such as customer management, expense tracking, and invoicing to small businesses. The platform is used by companies in over 160 countries, with the US accounting for half the user base, and has offices in Sydney, Australia, and Palo Alto, California.
BankDeals
JULY 23, 2021
CoastLife Credit Union (Texas Gulf Coast) offers very competitive rates on its 12-, 24-, and 36-month CDs. Minimum opening deposit is $1k. Also available as IRA CDs.
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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
The Paypers
JULY 23, 2021
Varo Bank has selected financial crime investigation firm Quantifind ’s Graphyte platform to optimise its adverse media screening and investigations automation performance.
The Paypers
JULY 23, 2021
Infosys Finacle and Santander UK have rolled out their international cash management platform ‘Santander Global Connect’
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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.
The Paypers
JULY 23, 2021
Shell Malaysia has announced that customers can now use the ShopeePay e-wallet at all Shell stations nationwide, when making payments for purchases of fuel or other goods.
The Paypers
JULY 23, 2021
The Central Bank of Nigeria has announced it will start the pilot of its central bank digital currency, which runs on the Hyperledger Fabric blockchain, on 1 October 2021.
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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.
The Paypers
JULY 23, 2021
UK-based sustainable investment app Clim8 Invest (Clim8) has closed its latest EUR 3.3 million crowdfunding campaign on Crowdcube from over 1800 investors.
The Paypers
JULY 23, 2021
India-based Tata Group has formally made propositions for new ecommerce rules for the Indian market.
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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.
The Banker
JULY 23, 2021
Influential new authority could have direct supervisory powers and will seek to improve co-ordination between national supervisors.
American Banker
JULY 23, 2021
The Paypers
JULY 23, 2021
US-based automated B2B payments company Paystand has announced receiving USD 50 mln to use cloud technology and the Ethereum blockchain as the engine for its Paystand Bank Network.
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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.
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