Perficient

MARCH 8, 2023

Throughout history and across cultures, women have been forbidden from opening bank accounts, owning property, and taking out loans. Fortunately, most societies today don’t legally bar women from partaking in these tasks, but the ancient history of shutting doors on women seeking greater financial control has left an undeniable gender gap in the world of financial services and a lingering, detrimental attitude that money management is a man’s job.

Innovation Strategies 275

Innovation Strategies Study Marketing Capital 275

American Banker

MARCH 7, 2023

Payments 87

Payments 87

Payments Dive

MARCH 6, 2023

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

Payments Operations Company 435

ATM Marketplace

MARCH 7, 2023

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

ATM 122

ATM Industry 122

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Unlock the secrets to optimizing returns while navigating complex state regulations. With this webinar, gain exceptional insights from industry leaders, each with vast experience and expertise in commercial lending. They will delve into critical aspects of managing default rates in today’s dynamic lending landscape, including the formidable task of managing default rates across diverse states, each with its own legal intricacies and restrictions.

Lending

Perficient

MARCH 8, 2023

Your firm has, whether it was an individual or collective organization, violated the first component of the Hippocratic Oath – “first, do no harm” (or “primum non nocere,” the original Latin translation from the Greeks) while interacting with a client. Some combination of your conscience and your lawyers make you want to “make things right,” however that may be defined.

Regulation 275

Regulation Capital Analysis Policies 275

Payments Dive

MARCH 7, 2023

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 394

El Paso Cards Payments Online 394

CFPB Monitor

MARCH 9, 2023

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. HUD also issued Mortgagee Letter 2023-06 incorporating a 40-year standalone loan modification into FHA’s COVID-19 loss mitigation policies for situations in which partial claim funds are not available. .

Policies 148

Policies 148

Gonzobanker

MARCH 9, 2023

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. This all but confirms speculation from lenders that Empower wasn’t a major factor in the Black Knight transaction , and lenders on Empower risked a migration to Encompass, ICE’s mortgage software platform, if the deal had gone through as-is.

Software 126

Software Marketing Technology System 126

ATM Marketplace

MARCH 10, 2023

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 113

ATM 113

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Financial institutions continue to look to quantify the impact of new technologies. Meanwhile, business lending technologies have grown more popular in the industry. However, understanding the impact of said technologies means understanding how to increase your revenue while decreasing your costs. This is key for the growth of your organization. Biz2X created this eBook to analyze the ROI of business lending platforms and learn about the short-term and long-term benefits of said platforms.

Lending

Payments Dive

MARCH 9, 2023

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

Cards 435

CFPB Monitor

MARCH 6, 2023

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. The report uses data from the CFPB’s 2022 Making Ends Meet survey (responses of 2,036 consumers) and the CFPB’s Consumer Credit Panel. .

Report 146

Report Survey Meeting Data 146

BankUnderground

MARCH 9, 2023

Jelle Barkema How concerned should policymakers be as UK business insolvencies have soared to 60-year highs ? This phenomenon has been extensively covered in the media; with media outlets attributing the record-breaking numbers to a ‘perfect storm’ of energy prices, supply-chain disruptions and the cost of living squeeze. Insolvencies are a popular measure of economic distress because they have implications for both the financial system and the real economy.

Trends 110

Trends Company Policies Data 110

TheGuardian

MARCH 10, 2023

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.

Regulation 87

Regulation US 87

Advertiser: ZoomInfo

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

How To

Payments Dive

MARCH 9, 2023

The real-time payments system due later this year could have particular appeal to unbanked and underbanked Americans, Fed researchers say.

Payments 386

Payments System 386

CFPB Monitor

MARCH 6, 2023

The CFPB recently announced that it is seeking input on a trial disclosure sandbox application from the Independent Community Bankers Association (ICBA) for alternative disclosures under the Truth in Lending Act (TILA)/Real Estate Settlement Procedures Act (RESPA) Integrated Disclosure (TRID) rule for construction and construction-to-permanent loans.

Lending 146

Lending Community Operations 146

ATM Marketplace

MARCH 6, 2023

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.

Payments 71

Payments Security System 71

TheGuardian

MARCH 10, 2023

FTSE 100 down almost 2% as troubles at tech-focused lender Silicon Valley Bank cause ripples An overnight sell-off of US banking stocks, sparked by troubles at the tech-focused lender Silicon Valley Bank (SVB), has seeped into European markets and sent the FTSE 100 down almost 2% on Friday. Investors were spooked by news that California-based SVB, which primarily lends to tech startups, had launched an emergency share sale to shore up cash after revealing it had lost $1.8bn (£1.5bn) when it sold

US 79

US Marketing Lending California 79

Speaker: Data Robot

Enterprise AI maturity has evolved dramatically over the past 5 years. Most enterprises have now experienced their first successes with predictive AI, but the pace and scale of impact have too often been underwhelming. Now generative AI has emerged and captivated the minds and imaginations of leaders and innovators everywhere. Join our DataRobot experts to reflect on lessons learned from helping hundreds of enterprises grow their AI maturity over the past 5 years.

Innovation

Payments Dive

MARCH 9, 2023

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

Payments 363

Payments Oklahoma Missouri Louisiana 363

CFPB Monitor

MARCH 10, 2023

The CFPB recently announced that it is conducting a review of the Regulation Z mortgage loan originator rules under the Regulatory Flexibility Act (RFA) and is seeking comments on the economic impact of the rules on small entities. The CFPB advises that “[t]hese comments may assist the Bureau in determining whether the Loan Originator Rules should be continued without change or amended or rescinded to minimize any significant economic impact of the rules upon a substantial number of such small

Regulation 78

Regulation 78

Dataconomy

MARCH 6, 2023

Do you wish there was a way to search the internet for all your images simultaneously? PimEyes does exactly that. Pimeyes is an AI-powered face recognition search engine that can discover images of a specific face on the web.

Tools 79

Tools 79

TheGuardian

MARCH 8, 2023

Swiss national and three Russians appear in court in connection with accounts in name of Putin’s friend Sergei Roldugin Four bankers have appeared in a Swiss court charged with helping to hide tens of millions of francs on behalf of Vladimir Putin. The men, who had senior roles at the Swiss branch of Russia’s Gazprombank, are accused of helping Sergei Roldugin – a close friend of the Russian president who has been described as “Putin’s wallet” – to move millions through Swiss bank accounts witho

National 76

National 76

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With the number of loans maturing over the next couple of years, time is of the essence and automation is imperative. Loan modification automation empowers lenders with advanced technology to handle a high volume of loans when needed most. Shifts in the market, combined with over a trillion dollars in commercial loans maturing in 2023, intensify the need for automated documentation solutions.

Video

Payments Dive

MARCH 7, 2023

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

Operations 396

Operations Company 396

CFPB Monitor

MARCH 10, 2023

The CFPB announced earlier this week that it has entered into a Memorandum of Understanding (MOU) with the National Labor Relations Board (NLRB) that is intended to “help to identify and end financial practices that harm workers and to enhance the enforcement of federal consumer financial protection and labor laws and regulations.” .

Regulation 78

Regulation National 78

Dataconomy

MARCH 9, 2023

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. DuckAssist is similar to the new Bing in many respects, but it differs significantly from ChatGPT in a number of crucial aspects.

Technology 77

Technology 77

TheGuardian

MARCH 7, 2023

Bank apologises after error results in elderly woman having account closed and phone and energy cut off An elderly widow was cut off from her money for three months and lost her phone line and energy supply when a banking error by Barclays marked her as deceased. Ninety-one-year-old Marjorie Roper* discovered that her pension and benefits payments had been stopped and her direct debits cancelled after a Barclays agent recorded that she had died and closed her account.

Payments 76

Payments 76

Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

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