Sat.Sep 25, 2021 - Fri.Oct 01, 2021

Purpose-driven banking in action: a powerful example

Accenture

For banks, embracing purpose and the financial wellbeing of their customers is more than good PR. As Mohamed Khalil from the Commonwealth Bank of Australia explained during his talk at Sibos in 2020, it can be a powerful way to grow the business. “We

Central Bank Digital Currencies Can Cut Cross-Border Transaction Time 

PYMNTS

Central bank digital currencies (CBDCs) can dramatically reduce the time needed for cross-border payments to clear from days to mere seconds, while cutting costs in half, according to a Tuesday (Sept. 28) report from Reuters. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

Evergrande is the trigger to a crypto economy

Daily Fintech

China has banned Bitcoin more times than I can remember. On Friday, China declared that all crypto transactions are illegal driving a sell-off of Bitcoin, Ethereum, and other cryptocurrencies. The market value of the world’s cryptocurrencies tanked to a low of about $1.8

The banks serving active duty personnel

Independent Banker

Under Larry Wilson’s leadership, First Arkansas Bank and Trust’s branch on the Little Rock Air Force Base was named the 2020 Air Force Bank of the Year. Photo by: Dero Sanford. Community banks operate on a majority of the country’s military installations.

The Role of Artificial Intelligence in Pandemic Response: Lessons Learned From COVID-19

In March 2020, the world was hit with an unprecedented crisis when the COVID-19 pandemic struck. This whitepaper reviews lessons learned from applying AI to the pandemic’s response efforts, and insights to mitigating the next pandemic.

New document AI helps mortgage lenders work smarter and faster

Accenture

In the mortgage industry, early adopters of document automation technologies were underwhelmed with the results of their investment. Today’s advanced AI solutions are changing that perception.

More Trending

XBRL News about sustainability reporting, a proof of concept and Italy

Daily Fintech

Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week.

Course 147

The community bank’s complete guide to building trust

Independent Banker

Illustration by Ahoy There. Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. By Ed Avis & Elizabeth Judd.

Why achieving alignment can supercharge banking cloud transformations

Accenture

As cloud mastery becomes a necessity to compete in today’s financial services industry, organizations are looking to accelerate their cloud transformation journeys.

White House Seeks Stablecoin Regulations

PYMNTS

The White House has singled out stablecoins for regulations that would be akin to the mandates that banks must follow, according to reports on Friday (Oct.

The Importance of PCI Compliance and Data Ownership When Issuing Payment Cards

This eBook provides a practical explanation of the different PCI compliance approaches that payment card issuers can adopt, as well as the importance of both protecting user PII and gaining ownership and portability of their sensitive data.

Part 4 Place your bets on this behemoth battle

Daily Fintech

It is easy to place your bets as all three companies are publicly traded. Square is part of the Fintech 50 Index. Facebook and Twitter are big media businesses. Bias disclosure. While I have no commercial stake at time of writing I do have two biases.

Lindsay LaNore: Creative teambuilding

Independent Banker

By Lindsay LaNore, ICBA. Sometimes teambuilding gets a bad rap, and busy schedules can keep it from reaching the top of the priority list, but it is something every leader should have in their repertoire. Teambuilding promotes employee engagement by improving group dynamics and strengthening bonds.

Groups 134

As bitcoin soars, ATMs make purchasing it easier

ATM Marketplace

As bitcoin soars in value, so too do opportunities for Bitcoin ATMs

ATM 122

Data Brief: 50% of Consumers Use Mobile Wallets to Send X-Border Remittances

PYMNTS

Cross-border transactions are picking up steam, especially amid the pandemic. As many as 32% of cross-border remittances are sent to friends and family in need. Nearly 41 million U.S.

Data 267

AI in Manufacturing

Manufacturers want to deliver the best products on the market as quickly and ethically as possible. Learn how to solve your most urgent manufacturing and business needs with an enterprise AI platform.

Risk Exchange Platforms for Reinsurance Gain Prominence

Daily Fintech

The future of reinsurance (RI) markets is being reshaped by new technology, alternative capital and reinsurers bundling value-added services with reinsurance.

Trends 132

Market Commentary: Week of September 27, 2021

SWBC's LenderHub

Last Week. We started last week in a panic over Chinese real estate conglomerate Evergrande’s impending doom and ended the week back in our happy place as Wednesday’s FOMC meeting pronouncement and press conference soothed nerves.

Rebeca Romero Rainey: Mitigating cybercrime

Independent Banker

Photo by Robert Severi. We know that despite the frights cyberattacks bring, you continue to flourish by safeguarding the communities you serve. It strikes me as interesting that both Halloween and Cybersecurity Awareness Month fall in October.

Tradeteq, XinFin Team on Trade Finance NFT

PYMNTS

Tradeteq, which provides technology for trade finance asset distribution, has completed what it is calling the first nonfungible token (NFT) transaction based on trade finance, Global Trade Review reported.

Report 275

Make Payment Optimization a Part of Your Core Payment Strategy

Everything you need to know about payment optimization – an easy-to-integrate, PCI-compliant solution that enables companies to take control of their PSPs, minimize processing costs, maximize approval rates, and keep control over their payments data.

Fintech in a Flash: 3 Important Reasons You Can’t Postpone Payments Reinvention

Strategically Speaking

Financial services is one of the most technology-dependent industries.

3 bankers share insights on banking hot topics

ATM Marketplace

When it comes to banking, there's no shortage of hot topics and pressing issues. In order to provide insight into these issues, the Bank Customer Experience Summit, held in Chicago from Sept. 13 to 15 had a panel of three bankers to share their opinions

Ponce Bank serves the underserved

Independent Banker

Bronx activists and business leaders founded Ponce Bank in 1960. Photo courtesy Ponce Bank. Ponce Bank has brought banking services to minority neighborhoods in the Bronx and greater New York City for more than six decades with a clear focus on community investment. By Roshan McArthur.

UK Commercial FinTech Bank OakNorth Valued at $5B

PYMNTS

commercial FinTech OakNorth was valued at $5 billion following Indiabulls Housing Finance 's sale of a portion of its 40% stake in the startup bank, The Block Crypto reported, citing unnamed sources. Goldman Sachs acted as an advisor on the deal.

Build Trustworthy AI With MLOps

Machine learning operations (MLOps) helps companies deliver machine learning applications in production at scale. Discover the importance of secure MLOps in the four critical areas of model deployment, monitoring, lifecycle management, and governance.

ABA Honors Six Banks With Brand Slam Marketing Awards

ABA Community Banking

The American Bankers Association honored six banks today with its Brand Slam awards for bank marketing, judged by a panel of 73 Certified Financial Marketing Professional volunteers. The post ABA Honors Six Banks With Brand Slam Marketing Awards appeared first on ABA Banking Journal.

Stablecoin News for the week ending Wednesday 29th September.

Daily Fintech

Are Stablecoins superior to TradFi? Here is our pick of the 3 most important Stablecoin news stories during the week. An important question was answered this week.

Does your bank suffer from Core Technophobia?

Independent Banker

The thought of learning a new core system, making a significant investment, and undergoing another complex conversion process are enough to make someone sick, and we’re not talking about the common cold either.

eBook 99

CBDCs Lower Costs and Settlement Times for X-Border Payments 

PYMNTS

For central bank digital currencies (CBDCs), time is of the essence. Literally.

The Business Value of MLOps

As machine learning models are put into production and used to make critical business decisions, the primary challenge becomes operation and management of multiple models. This report highlights some of the most impactful benefits of MLOps tools.