August, 2022

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When cash dies, your privacy will die

Daily Fintech

Last week I read a tweet that Israel was going to ban cash payments. Israel introduced a law banning the use of cash for large transactions.

Fintech 170
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How Banks Are Using AI for Document Intelligence

South State Correspondent

Banks are full of documents. Each document contains an extensive array of data. Just keeping track of non-disclosure agreement terms is a huge task.

Training 364
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Can payments embrace both innovation and security?

Accenture

It’s an exciting time to be in payments—new technologies and business models are opening up more opportunities and markets.

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3 Electronic signature benefits for banks and credit unions

Abrigo

E-signature capabilities benefit both customers and staff Banks and credit unions that leverage electronic signature capabilities reap the benefits of a more efficient lending process. Would you like other articles like this in your inbox? Takeaway 1 Optimize the signature collection process.

Security 195
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Trust the Software! Doc Gen Automation

A detailed look at why automation is the future of loan documentation and how this technology adds value to the attorney relationships, creating a next-generation workflow.

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Banks meet challenges/opportunities with hybrid work

ATM Marketplace

Hybrid work has proved a challenge for banks, which traditionally rely on in-house employees. However, banks can open up a new world of opportunities by taking advantage of hybrid work

Meeting 89

More Trending

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Insurtech capital markets: the ultimate progress indicator

Daily Fintech

Last few months have seen private market investors pouring capital into promising insurtech startups, while the public markets sent the value of recently public insurtech companies lower and lower. The decline in the value of public insurtech unicorns has been an oft-repeating theme.

Capital 165
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ADP Employment Change Report Reappears

South State Correspondent

ADP Employment Change Report Reappears. It had been a ritual for years during jobs week that the ADP Employment Change Report would be released on Wednesday and provide a bit of a heads up for the Friday BLS jobs numbers.

Report 212
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How old habits are the 4-letter word in your growth progress

Accenture

Muscle memory is the enemy of innovation. When it comes to transformations, process optimization is often under-valued by auto and equipment finance organizations as they implement a modern core or move their data and applications to the cloud. Adam Little and I think that’s a mistake.

System 403
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Brad M. Bolton: Compliance as a focal point

Independent Banker

Photo by Chris Williams. In today’s intense regulatory landscape, compliance extends to every aspect of banking, so much so that no one person or team can be solely charged with managing a bank’s compliance requirements.

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What Lenders Need To Know: Increase of Standardized Loan Rejections

As the CRE market continues to tighten, the rejection of substandard loan documentation is on the rise. Don’t put your loans at risk. Check out the Infographic.

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Fintech Deals to Watch: Back to School

Gonzobanker

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. The energy and uncertainty of youth are headed back to school. Especially in fintech, which had the roughest semester last spring.

Fintech 138
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Banks push back against CBDC

Payments Dive

The nation’s biggest bank and bank trade groups stressed the risks of creating a central bank digital currency in comments to the Fed, and largely rejected the idea that a digital dollar would accomplish stated goals

Groups 419
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And it’s a ton! The Insurtech top 100

Daily Fintech

This is my hundredth post since I started publishing on dailyfintech. And what better way to endorse the thriving insurtech space than to take a closer look at the top 100 globally that have raised capital, accelerated growth and impacted the digital transformation of the insurance industry.

Fintech 161
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Finally, a Cooler CPI Report

South State Correspondent

Finally, a Cooler CPI Report. For the first time in what seems like forever, CPI came in cooler than expected and markets, both Treasuries and stocks, are rallying as a result. The overall inflation rate was unchanged for the month versus the 1.3% increase in June and better than the 0.2% expected.

Report 212
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The Lender's Guide to Automating Complex Loans

Providing commercial lenders with key insights into how commercial lenders can automate small-balance, mid-market, and large-cap loan documentation with advanced technology.

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Going digital: Two speeds for growth market banks

Accenture

Flat economic growth and rising competition are forcing banks in growth markets to step up investment in digital technologies. They’re eager to improve efficiency, enhance the user experience and create new business opportunities.

Marketing 392
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Rebeca Romero Rainey: The spirit of service

Independent Banker

Photo by Chris Williams. This month’s Independent Banker focuses on budgeting issues with a special emphasis on the ICBA National Community Bank Service Awards.

Honolulu 144
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Strategies for growing commercial loans

Abrigo

Expanding the commercial loan portfolio in today's market With the right strategies, banks and credit unions can expand their commercial loan portfolios successfully. You might also like this webinar on commercial lending strategy. WATCH .

Strategy 195
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Amex rolls out B2B digital payment tool

Payments Dive

American Express cited data indicating nearly two-thirds of small and mid-sized business owners expect increases in their cross-border spending over the next six months

Tools 369
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The New 7 Facts on Housing Interest Rates and What Banks Can Do About It

The CRE multifamily sector has created tremendous momentum that won’t be slowed by interest rate hikes. Check out the facts right here!

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Stablecoin News for the week ending Wednesday 31st August.

Daily Fintech

Here is our pick of the 3 most important stablecoin stories during the week. Are CBDC’s preparing to use regulators to out compete better alternatives? CBDC implementations are still in the very early stages and yet there are signs that Regulators are blocking and stifling innovation.

Fintech 141
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Community Bank Hedging Options

South State Correspondent

Over the last 15 years, an ever greater percentage of community banks have embraced some form of interest rate hedging. Approximately 1,000 banks in the country use some form of hedging products to manage risk, generate fee income, or provide product offerings demanded by their customers.

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The culture crisis in banking: 4 more questions answered

Accenture

Is it fair to describe the workplace culture at the typical bank today as a competitive disadvantage? That depends on each bank’s particular situation.

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Charles Potts: Agtech’s innovation opportunities

Independent Banker

Photo by Enigma Images/iStock. By Charles Potts, ICBA.

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How to Choose the Best Automated Documentation System for Commercial Loans

Not all automated loan doc prep solutions are created equal. That is why we have put together a checklist to help you evaluate potential partners and find the best-automated documentation system for your requirements and needs.

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How to implement consistent credit risk pricing

Abrigo

Credit risk pricing Maintaining consistency in credit risk pricing can be broken down into three important factors. You might also like this webinar on loan policy best practices. WATCH. Takeaway 1 Risk rating using multi-factor contributions is key to building a strong credit risk pricing model.

How To 195
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Payments companies swap out CFOs

Payments Dive

Amid macroeconomic pressures, FIS, PayPal, MoneyGram and Shift4 all appointed new CFOs this week. The trend may also mean they’re paying more for them

Company 368
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Improving Your Accountholders’ Credit Scores for Better Financial Health

Strategically Speaking

With systemic factors at play that cannot be resolved by banks and credit unions alone, creating financial resilience and helping reduce reliance on expensive, alternative financial services is complicated.

System 122
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Community Bank Hedging Options

South State Correspondent

Over the last 15 years, an ever greater percentage of community banks have embraced some form of interest rate hedging. Approximately 1,000 banks in the country use some form of hedging products to manage risk, generate fee income, or provide product offerings demanded by their customers.

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Book of Secrets for the Month-End Close

Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.