South State Correspondent

OCTOBER 4, 2023

If you want to grab a material amount of new deposit balance, offer a 5.05% money market rate, post it all over Instagram, and sit back and watch the money roll in. The approach is a mess, yet it is done every day in banking. Your margins are contracting this year because you are already NOT spending enough on marketing.

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South State Correspondent

NOVEMBER 14, 2023

The good news is that strategy matters and your team’s time and effort in refining your strategy should pay off. That answer depends on the strategy your bank is pursuing and the underlying business model your bank chooses to leverage. Comparing the Two Banks Let’s say we have two banks competing in the same market.

Strategy 195

Strategy Compliance Technology Marketing 195

Bank Innovation

MARCH 13, 2020

In this episode, editors discuss the following news developments: How the stock market plummet is affecting robo-advisors; Wirecard expanding internationally through a partnership with the Estonian banking platform Xolo; and Amazon’s move to offer cashierless checkout to […].

Marketing 259

Marketing Customer Experience Innovation Strategies Video 259

Bank Innovation

JANUARY 28, 2020

Beneficial State Bank, founded by 2020 presidential candidate Tom Steyer, is updating its collections policies on the heels of 1,800 defaults by consumers nearly four years after the lender acquired Pan American’s auto unit.

Policies 221

Policies Marketing Innovation Strategies Strategy 221

South State Correspondent

JUNE 17, 2019

This is good news for banks as it shows that every significant loan sector likely has improvements in both debt service coverage and loan-to-value. In major markets, this appreciation has been closer to 4.9%, and in secondary markets, price appreciation has been 1.5%.

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Analytics Capital Marketing Data 276

Bank Innovation

DECEMBER 13, 2019

In this episode, Suman Bhattacharyya, senior editor, and Angely Mercado, associate editor, discuss the following news developments: Corporate card and financial product startup Brex’s marketing strategy; Inspired Capital’s recent investment in business banking platform Rho; and […].

Strategy 243

Strategy Branding Video Marketing Strategies 243

Jeff For Banks

APRIL 4, 2024

This was the question posed to Bank Profitability students as part of the Oregon Bankers' Association's Executive Development Program (EDP). These were up-and-coming bankers, the future leaders of our industry, identifying industry trends that will have the greatest impact on their bank, in no particular order.

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Banking Trends Trends Millennials Oregon 119

PYMNTS

SEPTEMBER 21, 2020

21) to stay off the bank’s social media sites after a report was leaked to BuzzFeed News and the International Consortium of Investigative Journalists (ICIJ). . 21), BuzzFeed revealed an underworld of corruption in the world’s banks, detailing how governments allow it to thrive. United Kingdom time on Tuesday (Sept 22).

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social media Report Operations Company 297

Chris Skinner

MARCH 27, 2018

I was quite taken by a headline in yesterday’s news where Marcus Schenck, Deutsche Bank’s Co-Head of Corporate and Investment Banking, forecast that deposit accounts might disappear in the not too distant future. appeared first on Chris Skinner's blog.

Capital 312

Capital Marketing Digital Banking Innovation 312

BankInovation

JANUARY 10, 2024

Digital bank Arc launched a venture debt financing platform to fill a gap in the market that surfaced during the 2023 banking crisis. Venture funding was […]

Digital Banking 66

Digital Banking Marketing Technology 66

BankInovation

MARCH 12, 2024

Fintel Connect helps Live Oak Bank increase its deposit volume. The digital, FDIC-insured bank looked to affiliate marketing platform Fintel Connect nearly two years ago to expand its reach, Fintel Connect Chief Executive Nicky Senyard tells Bank Automation News on this episode of “The Buzz” podcast.

Digital Banking 61

Digital Banking FDIC US Marketing 61

PYMNTS

JANUARY 5, 2021

CoinDesk has acquired digital asset index TradeBlock , the cryptocurrency news platform announced in a press release Tuesday (Jan. By failing to pay the advisors their agreed amounts, the release stated, Bridge’s circulating supply is being misreported on the markets. trillion market cap. trillion market cap.

Bitcoin 230

Bitcoin cryptocurrency Tools Marketing 230

PYMNTS

AUGUST 9, 2020

South Korean highways could see blockchain-based toll booths before the end of the year, according to a report from Crypto News. KEB Hana Bank , one of the largest banks in the country, is going to work with the Korea Expressway Corporation on blockchain-based services.

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blockchain Bitcoin New York cryptocurrency 224

BankInovation

DECEMBER 21, 2023

Dealers can receive payments six times per day, Monday through Saturday and on select holidays, Credit Acceptance (CAC) Chief Marketing and Product Officer Andrew Rostami told Auto Finance News, a sister publication to Bank Automation News. This helps support […]

Groups 68

Groups Payments Marketing 68

PYMNTS

OCTOBER 16, 2020

As it aims to bolster methods of market exit and risk disposal for institutions that loan money, the central bank of China introduced a draft of updates to legislation applicable to commercial banks, Reuters reported. In May 2019, the government took over Baoshang Bank in the first seizure of its kind in almost 20 years.

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Regulation Lending National Marketing 280

PYMNTS

SEPTEMBER 28, 2020

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group , has launched banking services in Hong Kong, Fintech News reported. The Hong Kong Monetary Authority (HKMA) approved Ant Bank’s application for a virtual banking license. It was one of eight such recipients, the report stated.

Groups 272

Groups Fintech Mobile Report 272

PYMNTS

AUGUST 14, 2020

To provide banks serving small- to medium-sized businesses ( SMBs ) throughout the globe with the newest technology and insights, Mastercard and Pollinate have agreed to a strategic partnership. It lets a bank expand into the acquiring business or grow its current operations without making modifications to its infrastructure.

America 274

America Technology Data Operations 274

PYMNTS

AUGUST 14, 2020

Now, Guo Shuqing, chairman of the China Banking Regulatory Commission, the nation’s top banking regulator, said investors have been saddled with more than 800 billion yuan ($115 billion) in debt from the failed platforms, Bloomberg News reported. But the news service reported the sector was plagued by fraud and defaults.

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Lending Regulation Industry Fraud 315

PYMNTS

NOVEMBER 16, 2020

WhatsApp is getting another crack at grabbing a slice of Brazil’s fast-growing payments market. Facebook ’s messaging service will soon get a green light to start providing peer-to-peer (P2P) payment services in Brazil, Roberto Campos Neto , head of the country’s central bank, said at a news conference Monday (Nov.

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Google Conference Payments Report 264

TheGuardian

OCTOBER 10, 2022

At their annual meeting on Wednesday, shareholders at Australia’s biggest bank, the Commonwealth, will consider a resolution lodged by activist group Market Forces that was aimed at stopping it from financing new fossil fuel projects or the expansion of existing ones.

Meeting 97

Meeting Groups Marketing 97

PYMNTS

OCTOBER 11, 2020

Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. Patrick Smith was named head of Small Business Banking. Giancarlo Marchesi was named head of Consumer Lending, a new role at Santander. He will join the bank Oct.

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Lending New York Virginia Boston 160

PYMNTS

NOVEMBER 4, 2020

The suspension came just two days before shares of Ant Group were to go live on the Hong Kong and Shanghai stock markets. Officials in Beijing were concerned about explosive investor interest in the planned $37 billion IPO by the world’s largest FinTech and how it might impact the public markets, according to the news outlet.

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Lending Groups Regulation Marketing 240

PYMNTS

JULY 31, 2020

The People’s Bank of China, the nation’s central bank that regulates financial institutions, has alleged the digital payment companies have used their strong positions to crush competition, sources told the news service. The mobile banking market reported 56.2 Reuters reported. Reuters reported.

Regulation 181

Regulation Groups Online Analysis 181

BankInovation

FEBRUARY 14, 2024

Financial institutions are identifying uses for AI throughout their operations, creating increased demand for data scientists in the financial services industry. “We’re seeing a rapid push into the hiring of data scientists,” Kevin Green, chief product and marketing officer at software development company Truent, told Bank Automation News.

Software 61

Software Data Operations Industry 61

TheGuardian

MARCH 16, 2023

Rolling coverage of the latest economic and financial news, as Credit Suisse gets central bank support to stem crisis rocking financial markets Credit Suisse: what is happening at Swiss bank and should we be worried? Continue reading.

National 91

National Marketing 91

PYMNTS

OCTOBER 27, 2020

In other news, next-generation banking platform Cashaa has teamed with the United Multistate Credit Cooperative Society as part of its plan for growth in India, according to a post. UNICAS will let individuals use typical banking services in addition to digital asset banking services through the web and via brick-and-mortar branches.

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Bitcoin Industry blockchain cryptocurrency 267

Bank Innovation

AUGUST 30, 2019

In this episode, Suman Bhattacharyya, deputy editor of Bank Innovation, discusses the following news developments: How challenger banks based outside of the U.S. are marketing to U.S. customers; PNC Bank’s approach to innovation through the launch of […].

Video 150

Video US Innovation Marketing 150

PYMNTS

DECEMBER 7, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. The news reveals CEO Anthony Noto 's aspirations to go public after he succeeded SoFi Co-Founder Mike Cagney in 2018. SoFi was valued at $4.8

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Report San Francisco Lending America 269

South State Correspondent

OCTOBER 5, 2022

While the UK backed off from its inflation-inducing fiscal plan, the central bank of Australia hiked rates by 25bps when 50bps was expected, and the flight-to-safety trade around Credit Suisse Bank all aided the argument for a possible Fed pivot, there was enough push back in Fed speeches to dim the odds of a near-term pivot.

Marketing 195

Marketing Report Survey Data 195

PYMNTS

OCTOBER 7, 2020

EMQ , a provider of global financial settlement services, has begun letting businesses around the world transfer up to roughly $280,000 directly into banks in Japan, the company announced in a news release.

Regional 218

Regional System Operations Community 218

TheGuardian

OCTOBER 5, 2022

News comes day before chancellor is due to discuss impact of market turmoil with main high street lenders The average rate on a new two-year fixed mortgage has risen above 6% for the first time since 2008, according to data that will intensify concern about the crisis in the home loans market. Continue reading.

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Maine Meeting Marketing Data 88

PYMNTS

MAY 26, 2020

Wiemer continued, “Thanks to the growing number of corporates, banks and service providers already using our cloud platform, TIS will further strengthen market leadership while leveraging sustainable competitiveness in combination with increasing network effects.”. as well as European operations to satisfy expanding global demand.

Payments 191

Payments Leadership Technology Management 191

PYMNTS

NOVEMBER 13, 2020

to raise money for expansion back home, Reuters reported , citing three financial market sources. Ozon’s business has gone on a roll during the pandemic, with revenues increasing 70 percent during the first nine months of 2020, the news service reported. The next developments will hinge on the U.S. In a filing with the SEC on Nov.

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Online Retail Marketing Security 188

PYMNTS

JUNE 25, 2020

As the fallout from Wirecard’s missing cash scandal unfolds, an Orange executive said the Paris-based lender and telecommunications company’s banking unit may end its partnership with the German payments firm as soon as this summer, Reuters reported. “We If Orange Bank decides to switch, there are lots of choices in the crowded space.

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Payments Apple Google Mobile 205

South State Correspondent

APRIL 10, 2023

Fair value accounting measures assets and liabilities at current market value instead of historical or amortized value. Nonetheless, with the recent collapse of sizeable regional banks, regulators, investors, analysts, accountants, and bankers are now scrutinizing the fair value of banks’ securities and loan portfolios.

Community Bank 195

Community Bank Community Security Capital 195

BankInovation

DECEMBER 18, 2023

Through UiPath, Lazard, which has a market capitalization of $3 billion, saves 100,000 hours annually, UiPath Chief Product Officer Graham Sheldon tells Bank Automation News on this episode of “The Buzz” […]

Capital 63

Capital Management Technology Marketing 63

BankUnderground

SEPTEMBER 27, 2023

Itua Etiobhio, Riyad Khan and Steve Blaxland The volume of information available to supervisors from public sources has grown enormously over the past few years, including unstructured text data from traditional news outlets, news aggregators, and social media. The shorter the distance between vectors, the more similar the articles.

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Data Analysis social media Examples 89