Sat.Feb 11, 2023 - Fri.Feb 17, 2023

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Quantifying Your Market When Raising Deposits

South State Correspondent

Last week we highlighted the lessons that machine learning taught us about the Unified Deposit Formula ( HERE ). Embodied in the Unified Deposit Formula is a marketing and amplification equation.

Marketing 195
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Bitcoin ATMs stay strong despite FTX collapse

ATM Marketplace

Despite recent events, such as the collapse of the FTX exchange, bitcoin ATMs remain a strong investment

ATM 124
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4 Key takeaways from NRF 2023

Cisco

It was exciting to be together again at NRF after a tumultuous few years! The conversations and face-to-face interactions I had with our customers, peers, and partners were nothing short of… Read more on Cisco Blogs Retail and Hospitality #Retail Cisco Retail digital solutions NRF retail technology

Industry 116
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Payments firms gear up for new ISO standard

Payments Dive

The Clearing House and other payments players, including Swift, are readying for the March rollout of a international payments standard

Payments 508
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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers.

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FinCEN’s AML/CFT Priorities: A risk assessment perspective

Abrigo

Develop your risk assessment with the AML/CFT priorities in mind Evaluating each FinCEN priority and addressing them in your financial institution's risk assessment is key to compliance. You might also like this upcoming webinar, "BSA officer’s mindset: A comprehensive look at your AML/CFT program."

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How a Loan Hedge Leverages The Yield Curve – Part II

South State Correspondent

In a previous article , we discussed the three generic shapes of the yield curve: normal, inverted, and flat. We also pointed out that the current inverted yield curve is unusual and is expected to last for the near term.

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Credit card debt surpasses pre-pandemic levels: Fed

Payments Dive

Despite a pause in payments required for federal student loans, younger borrowers particularly are showing higher credit card delinquencies

Cards 434
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FAQs: CFPB small business data collection info for lenders

Abrigo

What to know about the CFPB 1071 rule affecting small business loans This post provides answers to some frequently asked questions about data requirements and other changes likely from the new rule.

Data 195
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How Embedded Finance is Changing Purchasing & Borrowing Behaviors

Perficient

In the first two blogs in this series, Getting Started On Embedded Finance and Embedded Finance: Bolstering Brand Experiences, we defined embedded finance and looked at the goals and strategies that firms should take at the outset of their modern embedded finance journey, as well as how and why firms should consider getting embedded banking.

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

This exclusive webinar with Ryan McInerny will teach you all about cryptocurrency and NFTs! Register to learn more about identifying crypto transactions, crypto asset market trends, managing risk and compliance, and supporting customers and partners using crypto-based payments.

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Podcast: A classic love story gets its start in a D.C. bank branch

ABA Community Banking

For Valentine's Day, the ABA Banking Journal Podcast brings you a classic bank-meets-girl-meets-boy love story. The post Podcast: A classic love story gets its start in a D.C. bank branch appeared first on ABA Banking Journal.

DC 119
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Toast acquires drive-thru tech company

Payments Dive

Adding Delphi Display Systems’ technology helps Toast more broadly serve its quick-service restaurant customers, the company’s executives said

Company 431
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ATM XFS standard to transform industry

ATM Marketplace

While historically a slow moving industry, the ATM industry is moving forward with a OS agnostic platform that aims to transform the industry. The platform, called XFS4IoT, aims to provide benefits to vendors, banks and users

ATM 115
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Starting Down the Road to Supply Chain Visibility

Perficient

Meeting 267
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8 Ways to Torture Your CFO

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

The office of the CFO is rapidly evolving, with more and more demands being placed upon the finance and accounting team each year. Join us in this webinar, where we share 8 things NOT to do when it comes to helping the CFO office support the business.

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Fascinating laser research projects you wish you thought of (Part 1 of 9): Cisco Optics Podcast Ep 35

Cisco

Episode 35 of the Cisco Optics Podcast is now posted! See below for episode notes. Cisco Optics Podcast Episode 35 Fascinating laser research projects you wish you thought of, with Juliet Gopinath.…

Industry 115
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SpotOn aims to unseat restaurant rivals

Payments Dive

The restaurant payments and software company is battling Toast and Square and taking on legacy payments companies such as NCR and Oracle

Software 435
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NatWest CEO receives £5.2m in pay as bank reports largest profits since 2007

TheGuardian

Alison Rose becomes group’s second-highest-paid boss after disgraced ex-banker Fred Goodwin The chief executive of NatWest, Alison Rose, received a £5.2m

Report 143
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Neobank for Latino immigrants raises $4.5 million in seed funding

American Banker

Diversity and equality Fintech Technology

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Shifting Focus in Today’s Market A Commercial Lender’s Guide

With today's market as it is, where should lenders shift focus? We’ll address 4 emerging products for 2023 and tell you the ‘why and the how’ including several lender use cases. Get the Guide

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Experience the Power of Simplicity with these Cisco SD-WAN Upgrades

Cisco

As of 2022, the average business deploys over 110 SaaS applications throughout its network, with that number being significantly higher for enterprise companies.

Industry 111
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FIS plans to spin off merchant unit

Payments Dive

The payments processor plans to spin off its merchant business, which will reclaim its Worldpay name, and appointed its former CEO, Charles Drucker, to lead the unit

Payments 418
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DocuSign to cut 10% of workforce in restructuring plan

BankInovation

DocuSign announced a restructuring plan via SEC filing Thursday detailing its plans to cut “approximately” 10% of its roughly 7,000 employees as part of a reorganization effort. The restructuring mainly impacts our worldwide field organization.

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Banking on sisterhood: A Black sorority launches a credit union

American Banker

Diversity and equality Credit unions

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Exploring the Overlap: Cost Optimization and Digital Transformation

Speaker: Alex Jiménez, Managing Principal, Financial Service Consulting for EPAM

The largest banks have increased reserves for protection against deteriorating economic conditions. Should banks delay their digital transformation investments and focus on cost reductions? In this webinar, Alex Jiménez will walk us through that question and examine the prudent course of action.

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ABA, National Bankers Association hold first MDI partnership summit

ABA Community Banking

During the first MDI Partnership Summit held this week in Orlando, Florida, participants from minority depository institutions and banks across the country gathered to discuss approaches to better serve the unique banking needs of communities of color and low- to moderate-income communities.

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Credit metrics creep toward prepandemic levels

Payments Dive

Delinquency rates for Discover, Synchrony and Bread all rose in January relative to December levels

Payments 361
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TD Bank exec joins Bank Automation Summit US 2023

BankInovation

Alyson Karow, head of small business digital channels at TD Bank, will join the panel “At the Core: Strategies for Addressing Legacy Core Systems” at Bank Automation Summit U.S. 2023 on Thursday, March 2, at 2:15 p.m. ET, at the Westin Charlotte in Charlotte, N.C.

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What Brainard's departure means for the Fed, bank policy and her career

American Banker

Biden Administration Regulation and compliance Politics and policy

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How Automation Can Streamline Your Month-End Close Process

Start the new year with powerful automation for your month-end close and reconciliation process. See how automation can change the trajectory of the close, buy back time, instill more confidence in the results, eliminate administrative headaches and be audit ready.