Accenture
OCTOBER 13, 2021
In the past two weeks, I’ve had the opportunity to go to two college football games, FSU vs. Syracuse and Wisconsin vs. Notre Dame. Both were good games for someone, just not for both of my teams. Regardless, it made me think about outcomes and expectations. At one game I wanted a specific outcome: a…. The post How equipment finance can take advantage of servitization appeared first on Accenture Banking Blog.
TheGuardian
OCTOBER 13, 2021
Andreas Fontana’s debut feature is an unnervingly subtle drama about a Swiss private banker visiting clients in Argentina during the period of the military junta and ‘disappearances’ Pure evil is all around in this unnervingly subtle, sophisticated movie; an eerie oppression in the air. Andreas Fontana is a Swiss director making his feature debut with this conspiracy drama-thriller, shot with a kind of desiccated blankness, about the occult world of super-wealth and things not to be talked about
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BankInovation
OCTOBER 13, 2021
Technology spend in the third quarter was down slightly for JPMorgan Chase, despite the $3.7 trillion bank’s announcement last month that it would replace its U.S. retail core banking suite with cloud-based technology from U.K. fintech Thought Machine. JPMorgan Chase, which reported Q3 earnings today, spent $2.5 billion in Q3 on technology, communications and equipment, […].
CB Insights
OCTOBER 13, 2021
Tech is eating every industry. It was happening gradually. Now, it’s happening suddenly. Especially across financial services. In his 2021 Future Of Fintech keynote presentation entitled “Gradually, Then Suddenly: The Sequel,” Anand Sanwal, CEO and co-founder of CB Insights, covers the two reasons why the dramatic change is occurring: An absolute flood of fintech innovation capital.
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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
BankInovation
OCTOBER 13, 2021
Green Dot today announced it has selected The Temenos Banking Cloud platform to streamline its banking and payment services. The $4.3 billion Green Dot operates as a "branchless bank" and offers its banking-as-a-service (BaaS) platform serving big-name partners like Walmart, Uber and Intuit. Founded in 1999, Green Dot built its name on its reloadable prepaid […].
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankInovation
OCTOBER 13, 2021
Truist Financial’s workplace financial wellness division is expanding the capabilities of its artificial intelligence-driven chatbot this month, launching phase two of the specialized virtual assistant, which so far is running an 80% correct response rate. The chatbot, nicknamed Mo, was launched in July to support Truist Momentum, the nonprofit financial wellness division of the nearly […].
Banking Exchange
OCTOBER 13, 2021
80% increase year-on-year as US economy begins to “roar back to life” Retail Banking Management Financial Trends Feature Lines of Business The Economy Financial Research Customers People Performance Profitability Feature3.
CFPB Monitor
OCTOBER 13, 2021
In two cases in which the plaintiffs alleged that the debt collector defendants violated the FDCPA by sharing information about their debts with third party vendors used to prepare collection letters, an Illinois federal district court rejected the plaintiffs’ attempts to have their cases remanded to state court based on a lack of Article III standing.
The Paypers
OCTOBER 13, 2021
Deloitte has launched a report on central bank digital currencies , in the context of the Federal Reserve preparing to launch a review of whether to implement its own digital currency soon.
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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
CB Insights
OCTOBER 13, 2021
Elliptic , an AI-enabled cryptocurrency surveillance service provider, has raised $60M in a Series C. This round drew participation from SoftBank Group, AlbionVC, Digital Currency Group, and Evolution Equity Partners, among others. How’s the company performing? UK-based Elliptic captures the blockchain sector’s analytical data to provide anti-money laundering and risk resiliency services to fintech firms, government agencies, and cryptocurrency organizations.
ATM Marketplace
OCTOBER 13, 2021
Read our case study on how West Suburban Bank increased ITM/ATM uptime and availability with service and support.
BankDeals
OCTOBER 13, 2021
As part if its 70th anniversary celebration, Cornerstone Community Financial Credit Union has added a competitive 15-month CD. Minimum deposit is $1k of new money.
ATM Marketplace
OCTOBER 13, 2021
Optimizing the success and profitability of a self-service channel requires mastery over 12 areas, or pillars. This guide explores how you can maximize the opportunity within each pillar and offers examples of FIs whose self-service channel has become more profitable, innovative and growth-generating.
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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
OCTOBER 13, 2021
Social media platform Twitter has rolled out new ad features and revamped the algorithm that decides which ads users see, as part of an effort to launch future ecommerce features.
ATM Marketplace
OCTOBER 13, 2021
How does an established bank utilize technology to serve the needs of both rural and urban customers while welcoming employees from multiple acquisitions? Read our case study on how Tower Community Bank used ITMs to solve complex acquisition challenges.
The Paypers
OCTOBER 13, 2021
The Central Bank of the United Arab Emirates (CBUAE) has continued efforts to prepare the country for digital payments with a regulation licensing retail payment services.
ATM Marketplace
OCTOBER 13, 2021
QSI offers full-service solutions for branch equipment repairs and needs.
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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 Financial Brand
OCTOBER 13, 2021
The integration of finance and digital technology has resulted in exponential growth of digital banking and fintech solutions. The post Digital Finance Penetration Surpasses That Of Social Media appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
The Paypers
OCTOBER 13, 2021
US-based checkout solution provider Bolt has secured USD 393 million in funding to fuel commerce’s first federated checkout network.
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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
OCTOBER 13, 2021
Regulatory efforts in the UK and Europe to encourage diversity and access to cash could have an impact on institutions’ operating models.
American Banker
OCTOBER 13, 2021
The Financial Brand
OCTOBER 13, 2021
Financial institutions can't approach the generation that's growing up with BNPL and likes debit cards the same way as Millennials. The post Will Loan Volume Shrivel as Debt-Wary Gen Z Hits Their Borrowing Prime? appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
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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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