Sat.Oct 19, 2024 - Fri.Oct 25, 2024

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Bank acquisitions announced in three states

ABA Community Banking

Atlantic Union to buy Sandy Spring in Maryland; deals also announced in Tennessee and Texas. The post Bank acquisitions announced in three states appeared first on ABA Banking Journal.

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8 Credit Card Hacks to Crack Festive Season Savings!

BankBazaar

Ready to supercharge your festive savings but don’t know where to get started? Two words – Credit Cards! Now if you are wondering what strategies you can employ to make the most out of your Credit Card, here is a comprehensive list with some real-world examples! The festive season in India, spanning from Diwali to Christmas and New Year, is a time of joy, celebration, and, of course, SHOPPING.

Cards 78
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First National Bank of Lindsay failure: One-off or sign of the times?

American Banker

While trade groups representing Oklahoma banks argue the failure of Oklahoma-based First National Bank of Lindsay is an isolated incident, some in the industry say it may be a sign of more collapses to come.

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Fiserv may grab competitive edge with new bank charter

Payments Dive

The payments processor can undercut rivals on price because it won’t be paying bank fees, say industry consultants.

Industry 435
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Commercial Lenders, Playing It Safe Is the Real Risk

Why Legacy Lending Workflows Are Costing You More Than You Think Legacy systems and manual workflows might feel familiar, but they come with growing risks—compliance gaps, costly delays, and lost opportunities. This guide breaks down why clinging to traditional processes is no longer sustainable and how automation can help lenders regain control, improve efficiency, and reduce risk across the closing process.

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Congress should invest in the economic future of Latino homeowners

American Banker

A large and growing part of the American workforce, Latinos are also the fastest-growing segment of the housing market. A few smart moves by Congress could help them achieve the American Dream while turbocharging the economy.

More Trending

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Navigating distressed & problem loans: Legal & borrower considerations

Abrigo

How financial institutions deal with problem loans Problem loans are a natural outcome of the risks banks and credit unions take when lending, and they should be expected over the long run during the ups and downs of the business cycle. In this guest column, Jason Alpert, Managing Partner of Castlebar Holdings , explains how financial institutions should respond.

Strategy 195
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AI Regulations for Financial Services: OCC

Perficient

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility. The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks.

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Challenges shaping North American banks’ payments tech investments

Accenture: Banking

The payments industry is evolving rapidly, driven by changing consumer and commercial needs. Payments executives are grappling with rising costs, shrinking margins and emerging technologies like generative AI, prompting a reevaluation of their strategies. The key question is: What tech investments should be prioritized to stay competitive? Our new research, based on insights from 326… The post Challenges shaping North American banks’ payments tech investments appeared first on Accenture Ba

Payments 222
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Industry balks at FDX standard-setting monopoly

Payments Dive

Regulators and industry participants worry that FDX will have an unfair monopoly and will advantage its own members if no other organization applies.

Industry 369
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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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Celebrating FinCrime Fighter Day: Honoring the heroes of financial security

Abrigo

Say "thank you" this National FinCrime Fighter Day BSA professionals and financial crime fighters are tasked with the challenge of protecting our financial system daily. October 26 is National Financial Crime Fighter Day , and it’s the perfect time to pause and applaud everything these professionals do. Since we founded the day of recognition in 2018, it’s become an opportunity for the nation to show gratitude for FinCrime fighters’ work in the financial industry.

Security 221
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Consumers win UK car finance case that could lead to billions in compensation

TheGuardian

Judges in test case rule it was unlawful for lenders to pay commission to car dealers without borrowers’ knowledge Consumers have won a landmark car finance mis-selling case that could pave the way for companies to be forced to pay billions of pounds in compensation to borrowers. On Friday, judges from the court of appeal ruled in favour of three borrowers whose cases were merged earlier this year, saying it was unlawful for lenders to have paid a commission to car dealers without the borrowers’

Company 96
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Open Banking and Dodd-Frank 1033: A springboard for competitive advantage

Accenture: Banking

The financial services industry is undergoing a fundamental shift, driven by Open Banking’s rapid rise in North America. This trend is amplified by the just released Dodd-Frank 1033 rule, which requires that financial institutions (FIs) provide consumers with greater access to their financial data. While compliance with this rule is non-negotiable, it opens the door… The post Open Banking and Dodd-Frank 1033: A springboard for competitive advantage appeared first on Accenture Banking Blog.

America 195
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Illinois should abandon interchange law

Payments Dive

“Illinois has made a hasty decision that, if implemented, would have government change our payments system that functions so well that we barely notice it,” writes a trade group CEO.

Illinois 221
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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Swipe Smart, Save Big: Your Festive Shopping Cheat Sheet!

BankBazaar

Ah, the festive season is here! There’s something magical in the air — the smell of freshly made sweets, homes adorned with twinkling lights and the hum of excitement as people prepare to celebrate. But let’s be real, the true magic for many is spotting that elusive 50% off sign at your favourite stores! Whether you’re eyeing the latest gadget, planning a wardrobe revamp or looking to upgrade your home, this is the season to splurge.

Cards 78
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UK interest rates to fall to 2.75% by next autumn, Goldman Sachs predicts

TheGuardian

Economists at investment bank say markets are underestimating likely extent of action by Bank of England Business live – latest updates Interest rates are on course to fall to 2.75% by next autumn after the Bank of England reduces the cost of borrowing at each of its nine next meetings, a leading investment bank has predicted. Economists at Goldman Sachs said that according to their assessment of the long-term level of interest rates consistent with achieving the government’s 2% inflation target

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Bank training: 5 tips to be successful

ATM Marketplace

Need better employees for your bank? Use these 5 strategies to train new and current employees effectively.

Training 139
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Payments trade groups caution World Bank on digital infrastructure

Payments Dive

U.S. payments associations urged the World Bank this week to consider interoperability and private sector involvement in its development of a digital public infrastructure.

Groups 221
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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Festive Discounts: Should You Take What’s on Offer?

BankBazaar

Navigate festive discounts wisely with thoughtful planning and informed choices, ensuring you celebrate joyfully without financial stress. Enjoy the festivities while maximising savings with smart shopping strategies! As the vibrant festival of Diwali approaches, the excitement in the air is palpable. Alongside the celebrations, retailers are gearing up for one of the biggest shopping seasons of the year, presenting a plethora of festive discounts, cashback offers, and tempting financing options

Cards 78
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Lloyds backs Reeves budget plans despite mooted tax increases

TheGuardian

Bank expects ‘constructive, pro-growth agenda’ by chancellor next week and seeks to be part of it Business live – latest updates Lloyds Banking Group has backed the Labour government’s forthcoming budget and played down the impact of any tax increases, which it said would probably be part of a “constructive, pro-growth agenda”. The chief financial officer of the UK’s biggest mortgage lender, William Chalmers, said he would welcome a budget package that was consistent with government pledges to k

Taxes 77
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ABA Foundation announces winners of Community Commitment Awards, Distinguished Service Award

ABA Community Banking

The ABA Foundation named seven banks as 2024 Community Commitment Award winners. Raul Valles of Dallas Capital Bank in Texas to receive the George Bailey Distinguished Service Award. The post ABA Foundation announces winners of Community Commitment Awards, Distinguished Service Award appeared first on ABA Banking Journal.

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Pipe pursues international expansion

Payments Dive

The digital cash advance provider to small businesses deepened its ties to the British firm GoCardless this week as part of its quest to expand outside the U.S. market.

Marketing 221
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The Role of Automation in Commercial Lending

Automation is changing the game for commercial lenders, offering a clear path to competitive advantage in 2025. Rising costs, outdated workflows, and manual data entry slow growth and impact borrower satisfaction. Automation addresses these challenges, reducing costs, speeding up loan cycles, improving accuracy, and elevating borrower experiences. With market uncertainty easing, now is the time to act—waiting until loan volumes rebound leaves lenders unprepared and struggling to compete.

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Federal Reserve Bank expert offers cash usage insights

ATM Marketplace

Haley Gibson, senior manager, cash insights and policy analysis, Federal Reserve Financial Services, discussed key cash usage trends.

Analysis 133
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HSBC divides into four businesses in major overhaul of operations

TheGuardian

Chief executive Georges Elhedery also announces east-west split in effort to cut costs and navigate geopolitical tensions Business live – latest news updates HSBC’s new chief executive, Georges Elhedery, has unveiled an overhaul of the bank, dividing it into four businesses and a new geographical setup that splits operations into east and west in an effort to cut costs and navigate rising geopolitical tensions.

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dLocal partners with USI Money to provide cross-border payments

The Paypers

dLocal has announced its partnership with USI Money in order to streamline cross-border payments for customers and clients in the region of Asia and Africa.

Regional 101
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California to begin oversight of EWA

Payments Dive

The state instituted regulations Tuesday that will require earned wage access providers to register and be regulated as of next February.

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Outsource With Confidence for RDC Program Success

Remote Deposit Capture (RDC) clients are more likely to use additional treasury services and maintain larger deposits. However, poor customer experiences—particularly if they delay deposits—can compel RDC clients to take their business elsewhere. This eBook makes the case for outsourcing RDC operations to a proven managed services partner. This approach helps Treasury Departments with limited resources provide excellent client experiences that result in higher retention and productivity rates.