Abrigo

FEBRUARY 6, 2025

Meeting investment accounting and reporting requirements The right technology tools can help institutions manage investment accounting compliance and risk exposure across various investment types. Key topics covered in this post: Compliance risks of investment accounting Reducing "Key Person Risk" A single source of truth for pledging, collateral & risk management Faster closings and better decisions Streamlining regulatory adherence Financial institutions thrive on their ability to manage

Compliance 195

Compliance Technology Operations Risk Management 195

South State Correspondent

FEBRUARY 4, 2025

Many banks are doing an excellent job at embracing generative AI (Gen AI). However, not all have a specific Gen AI strategy, and they should make their journey more efficient. A quality Gen AI strategy aligns an organizations objectives, its use cases, and the delivery mechanism and metrics that measure business value. In this article, we highlight some Gen AI strategy insights for community banks and provide tools to help bankers advance their programs.

Community Bank 195

Community Bank Strategy Community Tools 195

Jack Henry

FEBRUARY 5, 2025

Whenever someone asks me what the benefits of instant payments are, the unspoken question often left lingering in the air (or sometimes said out loud not all of you are as sensitive to my tender feelings ) is, My accountholders arent asking for instant payments, so why should I care?

Payments 78

Payments 78

Payments Dive

FEBRUARY 3, 2025

The findings of a J.D. Power survey indicate that merchants are passing the cost of swipe fees onto customers, even though they’re lowering consumer satisfaction with the transaction.

Cards 432

Cards Survey 432

Advertisement

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

Cards

American Banker

FEBRUARY 5, 2025

Potential cybersecurity and data privacy violations are among the many dangers of giving the Tesla CEO free rein over systems and data used for Social Security benefits and tax refunds.

System 76

System Taxes Data Security 76

TheGuardian

FEBRUARY 4, 2025

Exclusive: Several women claim City grandee exploited his position to harass or sexually assault them in the 1990s One of the worlds most celebrated financiers, Sir Evelyn de Rothschild, has been accused of exploiting his position at the storied bank to abuse women who worked with him. The claims against Sir Evelyn, two years after his death, come from several women who said they felt unable to raise their concerns while he was still alive, because of his position within the bank and the British

143

143

Payments Dive

FEBRUARY 6, 2025

A Treasury Department official sought to allay a senator’s concerns about DOGE staffers gaining access to the U.S. payments system, but sidestepped questions Tuesday. The issue escalated at a Wednesday hearing.

System 386

System Payments 386

ABA Community Banking

FEBRUARY 5, 2025

Community banks are an important part of the U.S. financial system and play a crucial role in both local communities and the national economy, ABA Vice Chair Cathy Owen told members of the House Financial Services Committee. The post ABA vice chair testifies before House on community banks economic role appeared first on ABA Banking Journal.

Community Bank 59

Community Bank Community National System 59

Abrigo

FEBRUARY 6, 2025

This article covers these key topics: Types of lending needs cannabis companies have to build their businesses Understanding the risks and opportunities of CRB lending The challenges financial institutions face when working to increase cannabis lending How to seize the opportunity with a balanced approach to CRB lending Is lending to CRBs right for your institution?

Lending 195

Lending Compliance Community Software 195

Advertiser: ZoomInfo

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.

Analysis

TheGuardian

FEBRUARY 1, 2025

Santanders specialist squad aims to save customers from the grips of fraudsters offering romance and more A widowed pensioner is on the end of the phone and hes flustered. Hes expecting his girlfriend to move in with him next month. He has never met her, but he has photos of a young blonde woman and weeks of texts pledging her devotion. On an industrial estate in Bootle on Merseyside, Clare is trying to deflate his dreams.

Fraud 108

Fraud Industry 108

Payments Dive

FEBRUARY 5, 2025

Consumer downloads of apps like Cash App and Venmo dropped in the fourth quarter compared to the year-ago period, data from Wolfe Research shows.

Data 365

Data 365

ABA Community Banking

FEBRUARY 5, 2025

Citing possible adverse unintentional consequences to CECL practices at community banks, ABA said it opposed changes proposed by the Financial Accounting Standards Board relating to estimating credit losses on non-bank accounts receivable. The post ABA recommends FASB staff memo to address certain nonbank CECL concerns appeared first on ABA Banking Journal.

Community Bank 52

Community Bank Community Taxes Policies 52

Abrigo

FEBRUARY 6, 2025

What financial institutions need to know before a merger or acquisition The resurgence of mergers and acquisitions (M&A) in the banking sector presents both exciting opportunities and complex financial challenges. With 43% of bank leaders indicating they are likely to acquire another institution by 2025, understanding the nuances of M&A accounting is critical to a successful transaction.

Compliance 195

Compliance System ATM Report 195

Advertisement

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.

Lending

TheGuardian

FEBRUARY 6, 2025

Planned overhaul would see Georges Elhederys salary cut, with bonuses potentially raising maximum pay by 43% The new chief executive of HSBC, Georges Elhedery, could scoop a maximum pay package worth more than 15m as part of a potential deal being put to its biggest shareholders. The banks remuneration committee is testing whether investors are receptive to an overhaul that would slash Elhederys salary but boost his potential bonus payouts and ultimately raise his maximum pay package by nearly 4

96

96

Payments Dive

FEBRUARY 4, 2025

Video game players and their parents submitted comments to the Consumer Financial Protection Bureau saying they overspent, or lost their accounts to hackers.

Video 273

Video Payments 273

ATM Marketplace

FEBRUARY 7, 2025

Understanding the true impact of AI on the financial industry, its promise and its limitations, requires a nuanced exploration of what AI really is.

Industry 113

Industry 113

The Emmerich Group

FEBRUARY 6, 2025

Every time I meet a new bank CEO, I hear the same thing Ive heard from thousands of other bank CEOs before. They say, Roxanne, its different here. Here, we have to measure rates. Here, we have pricing competition. Thats just how it is. Ill never forget meeting two gentlemen years agoone was the CEO, the other the president of a bank. They picked me up in their SUV as we headed to their kickoff meeting.

Video 36

Video Marketing Meeting Course 36

Advertisement

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.

Operations

TheGuardian

FEBRUARY 7, 2025

Exclusive: Bank holds crisis meeting to discuss response to news that Sir Evelyn de Rothschild left after allegation of sexual misconduct Senior bankers at Rothschild & Co gathered on Tuesday in a meeting room at its St Swithins Lane headquarters in the heart of the City of London to discuss a memo that would shake the storied financial group to its foundations.

Meeting 97

Meeting Groups 97

Payments Dive

FEBRUARY 7, 2025

By some estimates, about 50% of today’s concerts are cashless, with benefits for merchants and payments processors alike.

Payments 259

Payments 259

American Banker

FEBRUARY 4, 2025

Long-term partnerships between banks and fintechs are the real future of financial services. Pharmaceutical firms' relationships with contract research organizations offer a useful model.

Fintech 88

Fintech Technology 88

ATM Marketplace

FEBRUARY 6, 2025

Generative AI isn't about replacing jobs. It's about enhancing workflows. It's the Netscape moment of our time.

78

78

Advertisement

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

Software

TheGuardian

FEBRUARY 1, 2025

Outage comes on HMRCs deadline day for settling self-assessment tax returns a pay day for many workers A serious IT glitch has left some Barclays customers locked out of their accounts throughout the night and almost 24 hours on from the banks initial outage. Barclays has apologised to customersand said it was currently facing intermittent errors with its payment system.

Taxes 92

Taxes System Payments 92

Payments Dive

FEBRUARY 6, 2025

Company executives touted a recent partnership with DoorDash and said the company has more embedded finance deals in the pipeline.

Company 248

Company 248

American Banker

FEBRUARY 3, 2025

Christiana Riley, regional head of Banco Santander's North America region, has succeeded Tim Wennes as CEO of Santander U.S.

Regional 81

Regional America Industry 81

The Paypers

FEBRUARY 6, 2025

NVIDIA 's survey ‘State of AI in Financial Services’ has revealed that firms are using AI to boost revenue and discover new business prospects.

Survey 77

Survey Company 77

Advertiser: ZoomInfo

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.

Capital