Sat.Mar 04, 2023 - Fri.Mar 10, 2023

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How Can Financial Services Institutions Better Support Women? – An International Women’s Day Blog

Perficient

Throughout history and across cultures, women have been forbidden from opening bank accounts, owning property, and taking out loans.

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How Banks Use Debt Yield Ratio For Underwriting

South State Correspondent

In an article last week ( HERE ), we discussed why real estate loans underwritten at common debt service coverage ratio (DSCR) and loan-to-value (LTV) levels may quickly become substandard credits if capitalization (cap) rates normalize, as expected because interest rates are rising.

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The Most Influential Women in Payments, 2023

American Banker

Payments Women in Payments

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PayPal leans on Venmo for growth

Payments Dive

While the digital payments pioneer has kept its PayPal and Venmo operations separate, the parent company expects them to converge in about a year

Payments 435
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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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Communication key to protect ATMs

ATM Marketplace

How do organizations protect ATMs? Everyone involved needs to work closely together to solve the industry issue

ATM 130

More Trending

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ChatGPT 3.5 Turbo – The Risks and Ethics for a Bank Enterprise Application

South State Correspondent

Last week, we convened a group of 30 bankers to train on ChatGPT and ideate around new banking products related to the enterprise version. While we covered the 15 ways we use ChatGPT HERE to enable banking productivity, this class focused on productizing the application for banking needs.

Training 195
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Visa, Discover halt gun code plans

Payments Dive

Discover and Visa said Thursday they’re holding off on earlier plans to implement a new gun merchant category code on their card networks

Cards 435
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ICE, Black Knight Selling Empower to Constellation Software: So What?

Gonzobanker

Mortgage lenders may be losing control of their LOS options This week, Intercontinental Exchange (ICE) and Black Knight announced an agreement to sell Black Knight’s Empower loan origination system (LOS) business to Constellation Software, Inc.

Software 144
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What's the deal with cashless ATMs for cannabis?

ATM Marketplace

Cashless ATMs have been in the news cycle regularly, particularly in the cannabis space. These are more or less point-of-sale devices that mimic ATMs, but the devices can also land merchants in trouble as they violate ATM network rules

ATM 117
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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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Corporate insolvencies reaching record highs: a look under the hood

BankUnderground

Jelle Barkema How concerned should policymakers be as UK business insolvencies have soared to 60-year highs ?

Policies 104
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Affirm exits Australia

Payments Dive

Less than two years after launching in Australia, the buy now, pay later company is shuttering its operations there

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HUD Finalizes Rule Providing for 40-Year FHA Loan Modifications

CFPB Monitor

The U.S. Department of Housing and Urban Development (HUD) recently issued a final rule extending the maximum term of an FHA loan modification from 30 to 40 years. The rule is effective May 8, 2023.

Policies 148
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Should you swipe left on that fintech? Startups help banks vet firms.

American Banker

Fintech Innovation Technology

Fintech 95
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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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Philadelphia Union's Jim Curtin is Wrong About Ted Lasso

Jeff For Banks

Ted Lasso is a fictious coach for a fictitious 2nd division English football (soccer) league. So why was the reigning U.S. soccer league (Major League Soccer-MLS) coach of the year dissing on him? Jim Curtin is a candidate for the U.S. men's national soccer team (USMNT).

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Walmart shooter likely used card to buy gun

Payments Dive

The gunman in a 2019 attack at an El Paso Walmart store likely used a credit card to buy his gun online. This story is one in a series of pieces tracking payment methods for guns used in mass shootings

El Paso 388
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CFPB issues new report on buy-now-pay-later

CFPB Monitor

The CFPB has issued a new report ,“ Consumer Use of Buy Now, Pay Later: Insights from the CFPB Making Ends Meet Survey ,” that looks at the financial profiles of consumers who use buy-now-pay-later (BNPL) products.

Survey 146
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Mastercard testing quantum computing for loyalty and rewards

American Banker

Payments

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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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Why did Silicon Valley Bank fail?

TheGuardian

Shutdown and takeover of bank by regulators can be traced to the Fed raising interest rates and risk-averse investors US regulators seize assets of Silicon Valley Bank amid institution’s failure The shutdown and takeover of Silicon Valley Bank by regulators on Friday can be traced to the US Federal Reserve raising interest rates and souring the risk appetite of investors. Here is the sequence of events that led to the failure: Continue reading. US news Banking Federal Reserve Economics

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USDA picks 5 states for mobile SNAP payments pilot

Payments Dive

Illinois, Louisiana, Massachusetts, Missouri and Oklahoma are working with the government agency to expand payment options for SNAP consumers

Louisiana 361
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CFPB seeks input on construction and construction-to-permanent loan trial disclosure sandbox application

CFPB Monitor

Lending 146
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SVB shares fall sharply after $1.8B in surprise bond losses

American Banker

Interest rates Commercial banking Securities

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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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DuckDuckGo AI: What DuckAssist can and cannot do

Dataconomy

The DuckDuckGo AI team has developed DuckAssist, a beta version of its AI-powered Wikipedia, in your search bar. DuckAssist utilizes “natural language technology” developed by OpenAI and Anthropic.

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Shift4 needles rival Toast

Payments Dive

Toast and Shift4 are battling to win larger customers in the intensely competitive restaurant payments arena

Payments 284
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Manual Testing vs Automated Testing: It's Not a Competition!

ATM Marketplace

When it comes to payment processing, it is imperative for businesses to ensure that their systems are secure, efficient, and reliable. As the volume of cashless transactions continues to grow, the importance of thorough payment testing becomes even more critical

ATM 71
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A new toy for banking historians offers insights on post-Civil War era

American Banker

Accounting Data quality Commercial banking

Data 81
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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.