Sat.Jan 07, 2023 - Fri.Jan 13, 2023

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6 payments trends to watch in 2023

Payments Dive

FedNow, embedded payments, deal-making, cybersecurity and more mature BNPL will be dominant themes, among others, in the industry this year

Trends 393
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‘My hobby is banking’

ABA Community Banking

Meet Saleem Iqbal, ABA’s Community Bankers Council chair. The post ‘My hobby is banking’ appeared first on ABA Banking Journal. Community Banking Featured Payments Advocacy Commercial real estate Community banking Correspondent banking Leadership

Meeting 91
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What drives ROA?

South State Correspondent

In a previous article ( HERE ), we analyzed industry performance and demonstrated that the average five-year net interest margin (NIM) and return on assets (ROA) are unrelated. The correlation coefficient (R 2 ) between these two variables is NEGATIVE 0.02 (essentially no explanatory relationship).

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Fintech funding tumbled in 2022

Payments Dive

fintech funding for the fourth quarter of 2022 was down nearly 80% compared to the same quarter in 2021, CB Insights said Wednesday

Fintech 310
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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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By the Numbers: 77% of banks feel pressure to collaborate with fintechs

BankInovation

As the banking space continues to evolve, financial institutions are finding that companies they previously considered rivals may be potential partners.

Survey 52

More Trending

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The Big Mistake When Pricing Deposits

South State Correspondent

Many banks work hard to have a low-cost deposit base only to undermine their efforts.

Training 195
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Amex acquires B2B automation company Nipendo

Payments Dive

The acquisition is the latest B2B move for the card company, which expects Nipendo’s capabilities to strengthen its position in that market

Company 381
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Americas FSI Digital Commentary: 3 Ways to Accelerate Digital Strategy in 2023

Cisco CSR

As a change agent serving the financial services industry for over 20 years, it is a great privilege to collaborate with Bank, Insurance, and Wealth Management institutions to devise and execute digital transformation strategy, solve complex business problems, and leverage technology to strengthen business results.

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The Super Bowl and human trafficking: how financial institutions can help

Abrigo

Large sporting events like the Super Bowl exacerbate human trafficking Financial institutions may see increased signs of human trafficking during the upcoming Super Bowl. Know the red flags to watch for. .

Tampa 195
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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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Bond Portfolio Trends: Fourth Quarter 2022

South State Correspondent

Examining Bond Portfolio Trends: Fourth Quarter 2022. Beginning in May 2012, we started tracking portfolio trends of our bond accounting customers here at SouthState|DuncanWilliams. At present, we account for over 130 client portfolios with a combined book value of $13.96

Trends 195
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Affirm users jolted by multiple charges

Payments Dive

The buy now, pay later provider said it encountered a “technical issue” and that transactions would be corrected at banks within three to seven days

Payments 369
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NFTs hit the mainstream

ATM Marketplace

Cryptocurrency has taken a big hit of late with the bankruptcy of the FTX crypto exchange, but one crypto entrepreneur that has brought crypto to the vending space believes the technology has a promising future: particularly the oft maligned NFT

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What does the rise in the inflation mean for financial stability?

BankUnderground

Kristina Bluwstein, Sudipto Karmakar and David Aikman. Introduction. Inflation reached almost 9% in July 2022, its highest reading since the early 1990s.

Capital 92
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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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CFPB files amicus brief in Fourth Circuit arguing Regulation E protections apply to prepaid account loaded with pandemic-related unemployment assistance

CFPB Monitor

The CFPB has filed an amicus brief in Mohamed v. Bank of America, N.A. in which it argues that a prepaid card loaded with pandemic-related unemployment benefits is a “prepaid account” subject to Regulation E, including its error resolution requirements.

America 124
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Will PayPal get a new CEO?

Payments Dive

The digital payment pioneer’s CEO Dan Schulman faces speculation about his exit. “We think he could move on from PayPal, legacy intact,” one analyst team wrote

Payments 343
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Examining banking trends in 2023

ATM Marketplace

We have now entered into 2023, and it's time to look ahead to see what's on the horizon for branches, self-service and overall banking trends this year

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Chinchilla AI is coming for the GPT-3’s throne

Dataconomy

Chinchilla AI is yet another example of AI language model, claimed to outperform GPT-3. Yes, you heard right. The engine behind the ChatGPT is outperformed by DeepMind’s new language model. The news spread rapidly, and soon everyone wondered: “What is Chinchilla AI?”

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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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CFPB proposes registry for supervised nonbanks using form contracts containing arbitration provisions, waivers, or other limits

CFPB Monitor

The CFPB has issued a proposed rule to establish a system for the registration of nonbanks subject to CFPB supervision that use “certain terms or conditions that seek to waive consumer rights or other legal protections or limit the ability.

System 119
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Recession-proofing a business starts in the accounts payable department

Payments Dive

How AP Automation can help you survive and thrive during times of economic uncertainty

Payments 290
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Happy Sankranti!

BankBazaar

Visit BankBazaar. The post Happy Sankranti! appeared first on BankBazaar - The Definitive Word on Personal Finance. Money Management

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That Pesky Intern

Gonzobanker

The truth stings when it comes to transformation. We now join a special GonzoBanker “look behind the scenes” at Van De Lay Bank and Trust.

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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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Silvergate Bank loaded up on $4.3 billion in Home Loan bank advances

American Banker

FDIC Cryptocurrency FHFA Regulation and compliance

FDIC 79
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PayPal, Visa team on faster cross-border payments

Payments Dive

PayPal’s Xoom service has linked with Visa Direct to offer real-time debit card deposits in 25 countries where U.S. residents can send money

Cards 273
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Banks Urge SBA to Keep Ban on Fintech Lenders

Banking Exchange

Entities that are not federally regulated should not be allowed to make SBA-approved loans, industry groups argue Compliance Feature3 Feature Compliance Management Compliance/Regulatory Small Business PPP Covid19. 1Compliance

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UK could face ‘banking crisis worse than 2008’ if City fails to prepare for fossil fuel collapse

TheGuardian

Report from climate activist groups says City is unprepared for potential collapse in value of fossil fuel assets The UK could suffer 500,000 job losses and be forced to spend £674bn of taxpayer cash to rescue its banks, unless the City prepares for the value of fossil fuels to collapse as a result of climate crisis regulations , research shows.

Groups 103
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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.