Sat.Jan 18, 2025 - Fri.Jan 24, 2025

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The Perils of Interest Rate Risk in Loan Pricing

South State Correspondent

Banks often lose 5% of a loan’s value before a loan is even booked due to interest rate risk in loan pricing. Persistently high inflation and the unknowns in the new administrations implementation of stated policies have translated to rapid increases in long-term interest rates. In a period of rapid change (or high volatility), we see some banks fall into a trap of mispricing their commercial loans.

Policies 195
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Top 5 Digital Trends for Insurance in 2025 – P&C, Life, Annuities, Reinsurance

Perficient

The insurance industry in 2025 is at a pivotal point, with key digital insurance trends leading the charge in transforming how carriers operate and interact with customers. Carriers must innovate, adapt to these changes, and leverage new technologies to maintain a competitive edge. Insurance Trend #1: Building Business Resilience Underwriting actions in response to increased claim frequency and severity are expected to stabilize combined ratios across most property and casualty insurance lines i

Trends 221
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Trending Sources

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How To Use Gen AI for Strategic Planning in Banking – Part I

South State Correspondent

As you approach strategic planning season, one topic that will surely come up is your strategy for generative AI (gen AI). Luckily, you can turn to gen AI to help you in your planning, as the strategic process is just one of the many bank processes that bankers can improve with this technology. This article presents our six-step framework for getting started, discusses using AI for strategic planning, and looks at some of its strengths and risks.

How To 195
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AI promises 2025 advances for payments industry

Payments Dive

The emerging technology will help merchants process payments faster and provide customers with more ways to pay, those who follow the payments industry say. It will also increasingly offers a defense against rising fraud.

Industry 468
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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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5 Ways suspicious activity monitoring services can bring staff relief

Abrigo

Taking a vacation is often a well-deserved break, but for financial crime professionals, it can trigger significant stress. Fraud and AML/CFT suspicious activity monitoring is a cornerstone of any AML program and a critical part of a financial institutions safety and soundness. However, compliance departments are frequently understaffed. Unexpected disruptions like turnover or family leave can exacerbate an already challenging workload for staff.

Fraud 221

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Reeves bids to intervene in car finance case that could cut lenders’ £30bn bill

TheGuardian

Shares in Lloyds and Close Brothers rise as Treasury seeks to tell court that lawsuit could cause economic harm Business live latest updates The chancellor, Rachel Reeves, has launched a rare bid to intervene in a supreme court hearing in the car finance commission scandal that could reduce the 30bn-plus compensation bill lenders currently face. Shares in Lloyds and Close Brothers, two of the biggest providers of motor finance, surged on Tuesday after the Treasury submitted an application to th

Industry 111
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Fiserv names Bisignano’s successor

Payments Dive

The payments processor tapped Michael P. Lyons, currently president of PNC Financial Services Group, to succeed CEO Frank Bisignano.

Groups 418
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Trends in commercial real estate (CRE) lending and risk

Abrigo

CRE origination, refinancing, and pricing challenges Experts from Trepp and Abrigo describe recent origination and delinquency trends in commercial real estate portfolios. They also share tips for managing risk and pricing. Key topics covered in this post: The big-picture view of CRE from Trepp Trepp bank consortium originations are 58% below pre-COVID averages Rising delinquency rates, especially in specific markets How to manage CRE risk and pricing Changes in the commercial real estate marke

Lending 221
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European central banks to advance instant payments between currencies

The Paypers

The ECB , together with the Riksbank and Danmarks Nationalbank , have been focusing on an initiative that facilitates instant payments between currencies.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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A strategic bitcoin reserve raises real national security concerns

American Banker

China currently dominates the market for the hardware and software used to mine cryptocurrency. Creating a large federal reserve would expose a major U.S. asset to potential Chinese meddling.

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FIS entangled in Capital One outage over days

Payments Dive

Fidelity National Information Services blamed a local power loss and hardware failure for the issue, which Bank of Oklahoma said affected more than two dozen financial institutions.

Oklahoma 370
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Santander rushes guidance to managers as it reviews its future in UK

TheGuardian

Bank is considering sale of British business amid mounting frustrations over regulation Business live latest updates Santander has rushed out a note to senior managers after it emerged that the Spanish-owned lender is reviewing the future of its UK business amid mounting frustrations over regulation. The chief executive of Santanders UK corporate and commercial bank, John Baldwin, sent out a memo outlining how to respond to clients and its 21,000 UK staff, who have been rattled by news that the

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1Money announces USD 20 million funding for stablecoin payments

The Paypers

1Money has officially launched from stealth mode, unveiling USD 20 million in seed funding to develop its Layer 1 blockchain network designed for stablecoin payments.

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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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In 2025, AI dreams will collide with the reality of implementation

American Banker

The era of unchecked AI enthusiasm is giving way to a more measured and deliberate approach. Organizations are beginning to see AI not as a panacea but as a powerful, albeit complex, tool that requires thoughtful implementation.

Tools 80
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Stripe pushes out 300 employees

Payments Dive

Despite the 3.5% cut to the payments services company’s headcount, it still plans to increase its total employee headcount to 10,000 by the end of the year, up from 8,200 now.

Payments 243
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Barclays CEO’s maximum pay could rise by 45% to more than £14m

TheGuardian

New deal being considered by board cuts fixed pay but allows for much higher bonuses The Barclays chief executive, CS Venkatakrishnan, could see his maximum pay package rise by 45% to more than 14m, as part of a new deal being considered by the banks board. The high street lender is understood to have written to the banks largest shareholders regarding potential plans to overhaul its pay structures for Venkatakrishnan and its finance chief, Anna Cross.

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Visa launches Apple Pay in Egypt, improving digital payments

The Paypers

Visa has introduced Apple Pay to its customers in Egypt, marking a step forward in providing secure and convenient payment solutions tailored to the growing demand for digital-first services in the region.

Apple 74
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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.

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Maintaining safe and secure digital payments requires all hands on deck

American Banker

Industry players, regulators and law enforcement will need to work together in 2025 to ensure that as Americans increasingly rely on digital payments, the fraudsters trying to take advantage of them are kept at bay.

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Discover Q4 payments volume drops

Payments Dive

The card company still reported a rise in revenue and a surge in net income, driven partially by an increase in interchange and other fees paid by merchants.

Payments 221
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All my accounts were shut down when TSB labelled me a ‘fraudster’ instead of the victim

TheGuardian

Credit checks revealed fraud markers against my name, placed by the bank, even though I had never been a customer I have been very badly treated by TSB, even though I have never been a customer. It mistakenly placed three fraud markers against my name, which prompted my bank, Santander, to close all five of the accounts I held with it. This has caused significant financial problems since direct debits and standing orders failed, and I was unable to start a planned house extension.

Fraud 79
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Entrust launches new AI-powered face biometric authentication tool

The Paypers

Entrust has launched an AI-powered identity verification as a new tool for its IDaaS platform, enabling facial biometric authentication by verifying users against their encrypted identity.

Tools 68
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It Takes Two to Tango

With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.

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It's time for a revolution in foreign exchange data processing

American Banker

FX professionals have long recognized that the most commonly used spreadsheet program struggles to keep up with an evolving marketplace. It's time to bring artificial intelligence into the mix.

Data 77
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Amex posts 2024 records for payments volume, fees

Payments Dive

The credit card company’s revenue and net income surged last year as spending by cardholders and card customer additions reached new highs.

Cards 195
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Rachel Reeves denies Labour hindering consumer interests in car loans scandal

TheGuardian

Chancellor under pressure from lenders and lobbyists that say huge compensation bill could harm motor finance market The chancellor, Rachel Reeves, has denied that the Labour government is working against consumer interests despite urging the supreme court to avoid handing a windfall to borrowers harmed in the motor finance commission scandal. Reeves has been under pressure from lenders and lobby groups, who have predicted that a huge compensation bill expected to rival the payment protection i

Groups 73
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TD Bank to sell USD 9 bln in mortgages to meet US asset cap

The Paypers

Toronto-Dominion Bank has reportedly decided to sell approximately USD 9 billion in residential mortgage loans to adjust its balance sheet in line with new restrictions.

Meeting 68
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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.