Sat.Dec 18, 2021 - Fri.Dec 24, 2021

Rise of the “super-app”: Opportunity or threat?

Accenture

Back in 2009, Apple coined the catchy phrase, “there’s an app for that.” Since then, apps (single-use apps, that is) have multiplied exponentially and become part of everyday life for most people. But a new breed of app is on the rise, and it’s threatening to consolidate power and market share.

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FinCEN announces $8 Million BSA Enforcement Action: The Resurrection of AML Penalties

Abrigo

AML Penalties Are Back and Stronger Than Ever FinCEN is enforcing actions for BSA violations and failure to maintain effective AML programs. Would you like other articles like this in your inbox? Takeaway 1 Reprieve is over, FinCEN is announcing penalties and enforcing action for BSA violations. .

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Light a Match

SWBC's LenderHub

“ When you can’t borrow another buck from the bank or buy another case of booze, you bust the joint out. You light a match.” – Henry Hill – Goodfellas.

What’s ahead in 2022 for cryptocurrencies?

Daily Fintech

This year the ultra-rich got even richer. Elon Musk saw his fortune grow by $194 billion during the COVID-19 pandemic, followed by Jeff Bezos who saw his fortune increase by $85 billion. The world’s economic powers made the rich even richer, and the poor even poorer.

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.

Bitcoin ATMs dominate top 5 articles of 2021

ATM Marketplace

It's difficult to believe we are almost to the end of 2021, while many of us are still processing 2020. But through all these years, ATM Marketplace has continued to report on the banking and fintech industry.

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More Trending

Accio, Solutions! Magical Vendor Management Tips from Harry Potter

SWBC's LenderHub

I was 16 when the fifth Harry Potter book came out. My best friend and I had been total HP nerds since we were in fifth grade. Already conscious of being way too old for it, we decided to throw any hopes of being cool to the wind and go dressed in costume to the midnight book release.

This Week in Fintech ending 24 December

Daily Fintech

Enjoy Xmas all who celebrate that event. This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives.

How to automate for good

BankInovation

Robotic process automation (RPA) company UiPath and research firm IDC this month launched a free interactive assessment tool that offers organizations a tailored response on how to automate for good. But what, exactly, does it mean to “automate for good?”

Our top 5 posts of 2021

BankUnderground

As another year draws to an end and the blog prepares for some downtime over the festive period, we wanted to take a look back at the blog in 2021. In response to the global Covid-19 pandemic, in 2020 we launched a Special series: Covid-19 Briefings.

Digitally Transforming the Engagement Experience for Financial Institutions

Customer experience has become a key differentiator. Learn how to launch your digital transformation by incorporating two customer experience trends into your digital transformation strategy: self-service & personalization.

Market Commentary: Week of December 20, 2021

SWBC's LenderHub

Last Week. Last week was mostly about the Fed’s FOMC December meeting, until it was not! The week started with November PPI coming in red-hot. The narrative was set for a more hawkish Fed in 2022 as the realization set in that inflation was not transitory and stronger medicine was needed.

Stablecoin News for the week ending Wednesday 22nd December.

Daily Fintech

Here is our pick of the 3 most important Stablecoin news stories during the week. As this will be the last edition of this weekly summary for 2021, I thought a good place to start would be with these two excellent summaries of where we are with CBDC’s.

Movers and Shakers: Citizens names new CEO

BankInovation

This month saw Citizens promote its long-time interim chief executive officer to the position permanently, while Bank of America Chicago named a new president. Bank Automation News takes a look at December’s movers and shakers.

Why fintechs are blocking transactions from other fintechs

American Banker

Digital banking

Digital Commercial Lending Technology Case Study: Increasing Loan Volume and ROI

In this Commercial Lending Case Study, you'll discover how to leverage digital lending technologies to accelerate growth and leapfrog the competition in the private lending market. A new and innovative approach to mortgage lending — growing lending volume by orders of magnitude.

Security in Layers

Strategically Speaking

Layers of Protection Exist Everywhere. We don't realize how often we apply layers of protection in our daily lives. Some protections come naturally, like our skin and hair to protect our bodies from the environment. Some protections are taught to us.

XBRL News about audits, LEIs and ESG

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.

Listen: Stoplight CTO says early checks prevent 80% of security risk vectors in open APIs

BankInovation

Log4j security vulnerability is a double threat to banks

American Banker

Cyber security

The Non-QM Market Experiences a Remarkable Comeback: Check Out the Industry Guide

As the commercial lending market evolves, non-QM loans are becoming increasingly popular. Check out this eBook for a detailed look at the benefits of non-QM loans, how to maneuver your way through, and what the future may bring.

Credit Unions and Crypto-Assets

Banking Exchange

Bloomberg reported that credit unions are seeking the ability to hold crypto-assets directly Technology Lines of Business Financial Trends Feature3 Feature Blockchain Bitcoin Cryptocurrency. 1Technology

M&A braces for big moves in the New Year

Daily Fintech

2021 has been momentous for deals. From AT&T’s media businesses merger with Discovery, Kansas City Southern railroad’s takeover and Square acquiring BNPL company Afterpay, global deals are on a roll. Transactions are expected to top $5 trillion this year.

Automated software optimization platform targets banks

BankInovation

IT solutions provider CDW Corp. on Dec. 15 announced a partnership with Clearfind that will give its clients access to Clearfind's automated enterprise software evaluation and consolidation platform.

Sign of the times: Salvation Army now takes Venmo, crypto and more

American Banker

Fintech Payments

A Comprehensive Guide to Construction Loan Issues for the Commercial Loan Market

Understand how to mitigate risk & protect the interest of all parties with this exclusive, must-have guide outlining important issues for commercial construction lending & best practices.

US commercial banks’ revenue down 15.5% in Q3

Banking Exchange

Trading revenue declined by $1.3 billion, down 15.5% on the previous quarter Risk Management Feature Feature3 Commercial The Economy Financial Research Financial Trends. 1Risk Management

Alt lending Week ended 24th December 2021

Daily Fintech

The perils of offshore bank accounts? The UK supreme court has overturned a ruling made by a lower court and refuses to recognise Nicolas Maduro as the legitimate leader of Venezuela following what were widely perceived to be rigged elections in 2018.

Quontic Bank CMO Aaron Wollner to join Bank Automation Summit

BankInovation

Aaron Wollner, chief marketing officer at Quontic Bank, will join Bank Automation Summit 2022 for a panel discussion on Iterating and Experimenting at Maximum Efficiency on Wednesday, March 2, at 3:30 p.m. ET at the JW Marriott in Charlotte, N.C. View the BAS agenda here.

10 developments that defined banking in 2021

American Banker

Fintech M&A Consumer banking Commercial banking Politics and policy

CMBS Lending on the Rise: Uncover 10 Common Myths of Securitized Lending

CMBS Lending is an established and growing industry that is, once again, rising to the top as a significant source of permanent loan financing. Learn the truth about CMBS lending and why it might be the best financing solution.