Sat.May 28, 2022 - Fri.Jun 03, 2022

Inflation Scares Erupt Again

South State Correspondent

Inflation Scares Erupt Again. Treasuries open the holiday-shortened week on the defensive as the highest inflation reading on record in the Eurozone sent yields there higher. Oil prices resumed their rise and signs the China lockdowns are easing also contributed to higher yields.

Why the metaverse is a megatrend banks can’t miss

Accenture

From blockchain to edge computing, I’ve always loved learning about new technologies. So when I first heard about the metaverse, I wanted to learn more about how it applies to banking. The reality is that banks can’t ignore the metaverse. It is central to every bank’s digital future.

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How community banks can address cybercrime

Independent Banker

Illustration by Cnythzl/iStock. Fraud and cyber attacks are on the rise, and at great expense to the industry. Community banks have a choice about addressing the problem: Remain vulnerable or be vigilant. Here are some ideas for strengthening fraud defenses. By William Atkinson.

BNPL extends to gas, groceries

Payments Dive

Buy now-pay later providers have made their financing services more available for everyday purchases, offering consumers a tool to deal with inflation

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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.

Strong Job Growth Continues While Wage Gains Moderate

South State Correspondent

Strong Job Growth Continues While Wage Gains Moderate. Nonfarm payrolls increased 390 thousand with those gains fairly widespread. Expectations were for 318 thousand jobs and the increase was just below April’s 436 thousand new jobs.

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Brad M. Bolton: Community continuation

Independent Banker

Photo by Chris Williams. Community continuation is not about checking a regulatory box; it means putting a name to the people who will be the future of our banks.

Economic pressures stress payment fintechs

Payments Dive

PayPal, Klarna and Bolt have chopped their workforces in the face of mushrooming macro-economic pressures, suggesting a potential fintech shakeout in the offing

May Data Starts to Bloom

South State Correspondent

May Data Starts to Bloom. The May ISM Manufacturing Index is due at 10am ET and is expected at 54.5 vs. 55.4. The series has been softening of late, reaching a cycle high of 63.7 in March of 2021 but trending south since then.

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Operations to be key focus in 2022, say bank execs

Accenture

Far-sighted banks in Europe, such as BBVA, are moving quickly to overhaul their operations systems, processes and procedures. By streamlining these key functions and pulling in intelligent digital technologies to support their workforces, they’re set to achieve big gains in efficiency.

Cyber Security, Change Management and Enterprise Risk Management: Scaling Operations for Growth

Speaker: William Hord, Vice President of Risk Management and Compliance

Join us as we discuss the various tangents of data and the change management process that will help you make better risk-based business decisions to save time and money for your organization.

The effect of nonbanks in the mortgage space

Independent Banker

Josh Prejean (right) of Bank of Zachary, here with mortgage client David Rozas, says community banks must compete through customer service. Nonbank institutions continue to be serious contenders in the home lending space.

Global Payments taps former BofA exec as next CFO

Payments Dive

Josh Whipple, a former investment banker, is taking the top finance job as the company gears up for more acquisitions to capitalize on a drop in valuations

Stablecoin News for the week ending Wednesday 1st June.

Daily Fintech

Here is our pick of the 3 most important Stablecoin news stories during the week. Now what!?? As the dust settles on the cataclysmic collapse of the Terra (UST) ecosystem, an on-chain deep-dive carried out by blockchain analytics firm Nansen highlights two major takeaways.

3 powerful ways to craft payments value propositions

Accenture

Sustained disruption is reshaping the payments industry. Developments like new technologies, shifting consumer expectations, and the launch of central bank digital currencies are creating major changes. With changes come opportunities—but not all payments players are seizing them equally.

How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Through a detailed analysis of major attacks and their consequences, Karl Camilleri, Cloud Services Product Manager at phoenixNAP, will discuss the state of ransomware and future predictions, as well as provide best practices for attack prevention and recovery.

Why You Shouldn’t File Income Tax Returns Earlier Than June 1st

BankBazaar

Always file your ITR promptly? Looking to file your ITR before June? Hold your horses. Here’s why you shouldn’t. Are you the sort of person that rushes to file their income tax return as early as possible so that it’s done and dusted?

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Block offers Apple tap-to-pay for merchants

Payments Dive

Block wants to attract more business clientele as fintech firms experience economic volatility. Offering tap-to-pay on the iPhone advances that goal

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Ask the Experts: Tips on Taking the CAMS Exam

Abrigo

Taking the CAMS exam: Are you ready to be a student again? These expert tips for studying and reviewing ACAMS material can help you pass the CAMS exam with flying colors. Would you like other articles on BSA/AML training in your inbox?

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Crypto assets are worth nothing… and then she woke up

Daily Fintech

It looks like Christine Lagarde, the President of the European Central Bank, has lost her sleep and is having nightmares over crypto.

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.

AURIGA HONOURED WITH PRESTIGIOUS GLOBAL ATM INNOVATION AWARD

Bobsguide

Ground-breaking WWS ATM Acquiring Software Wins ATMIA Peter Kulik Innovation Award.

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Cross-border payments change as they rise: report

Payments Dive

Consumers and businesses are more frequently using digital means to send payments around the world, according to Mastercard's second annual report on cross-border payments

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Rebeca Romero Rainey: The power of discussion

Independent Banker

Photo by Chris Williams. Healthy debate helps us achieve an outcome where we’re all pushed to think beyond what might be readily in front of us. When’s the last time you left a meeting and found yourself saying, “I never thought about it that way before”?

Market Commentary: Week of May 30, 2022

SWBC's LenderHub

Last Week. Equities and credit sensitive bonds jumped sharply last week leaving investors wondering over the long weekend if the worst is over or whether it is a chance to exit at higher levels. The “good” news over the week was that both the U.S.

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.

Peter Kulik Innovation Award: How Auriga’s WWS is innovative

Bobsguide

Auriga was recently honoured with the prestigious Peter Kulik Innovation Award from the ATMIA, the leading non-profit trade association representing the entire global ATM industry.

Klarna taps Marqeta for card

Payments Dive

The partnership comes as buy now-pay later providers seek to expand their customer bases amid market volatility and regulatory pressure

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Lindsay LaNore: Managing remote employees

Independent Banker

By Lindsay LaNore, ICBA. As life settles into a new rhythm, you may find that some team members continue working remotely permanently, or that they shift to a hybrid model in which they can work remotely at least some of the time.

3 reasons why 4G LTE and 5G routers are the best choice

ATM Marketplace

Versatile and omnipresent though kiosks may be, they require a regular and reliable connection to work their magic. One of the best out there is 4G LTE and soon 5G. As you move towards your kiosk or ATM deployment , you'd be hard-pressed to find a better network arrangement than a 4G LTE

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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.