Payments Dive

JULY 26, 2024

“Interfaces need to be standardized to ensure a consistent and reliable payment experience for businesses and consumers,” writes one payments software executive.

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BankInovation

JULY 26, 2024

Chicago-based Alliant Credit Union has selected Jamie Warder as its chief information officer and head of business strategy, effective July 8. In his new role, Warder is responsible for the technology and business strategy at the $20 billion credit union, according to a company release.

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Payments Dive

JULY 26, 2024

PayPal’s chairman of nine years left that post this week, and was replaced by one of the board’s newer members.

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BankInovation

JULY 26, 2024

NatWest is interested in investing in technologies that it may have use for, such as payments solutions provider Icon Solutions. “That’s how the conversation started around [NatWest’s] investment,” Tom Kelleher, founder and commercial director at Icon Solutions, told Bank Automation News.

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Commercial Lending USA

JULY 26, 2024

Have you ever wanted to start from scratch and build your dream? Choosing hard money lenders for new construction projects can be challenging, but the options are endless.

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TheGuardian

JULY 26, 2024

Bank left with costs from Sir Trevor McDonald-fronted campaign after early election halted rollout Business live – latest updates NatWest was forced to spend £24m on the former Conservative government’s aborted “Tell Sid” advertising campaign featuring Sir Trevor McDonald , which would have resulted in a chunk of the bank’s state-owned shares being sold to the general public in a highly anticipated privatisation drive.

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ATM Marketplace

JULY 26, 2024

Banking privacy is a huge issue for customers. Here are five ways to improve it.

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The Paypers

JULY 26, 2024

The US House of Representatives has approved a bill aimed at forming a working group focused on addressing terrorism and illicit financing related to digital assets.

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American Banker

JULY 26, 2024

The trend of credit unions buying banks is a lightning rod for controversy in the banking industry. Despite this, such mergers are increasingly common.

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Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

Fintech

The Paypers

JULY 26, 2024

Payment solutions provider PayTabs Group has entered a channel partnership with Digital Haze to advance business operations across the Levant region.

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American Banker

JULY 26, 2024

Ending a five-year M&A hiatus, the Wheeling, West Virginia-based company has agreed to pay $959 million in stock for Premier Financial in Defiance, Ohio.

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The Paypers

JULY 26, 2024

Global payments platform Thredd has entered a partnership with Spendbase , with the move supporting the latter’s expansion into North America.

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American Banker

JULY 26, 2024

Fulton Financial taps Valley National's Richard Kraemer as its new CFO; UBS' veteran private banker Jenny Su has left the firm; Bank of America names Kevin Brunner head of global technology, media and telecommunications investment banking; and more in this week's banking news roundup.

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Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.

Innovation

The Paypers

JULY 26, 2024

Enterprise technology and telecommunication company Lumen Technologies has entered a strategic collaboration with Microsoft to advance AI capabilities and digital transformation.

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American Banker

JULY 26, 2024

Financial institutions that entered the space before regulatory oversight intensified need to calculate whether the price of talent, risk planning, and technology is worth the return.

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The Paypers

JULY 26, 2024

Digital banking startup Mercury has recently announced that it no longer serves US-domiciled customers with passports from certain countries, including Ukraine, Nigeria, and others.

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American Banker

JULY 26, 2024

The store-branded credit card company revised its revenue guidance upward on the assumption that the CFPB's late-fee cap won't take effect before 2025. Still, Bread is moving ahead with plans to make up some of the revenue that it stands to lose from the contested rule.

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The Paypers

JULY 26, 2024

SWIVEL , a fintech company specialising in transaction enablement solutions, has announced its integration with Apple Pay , enhancing digital payment options for its clients.

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American Banker

JULY 26, 2024

First Foundation in Dallas recently got a $228 million capital injection led by Fortress Investment Group. Now it's announced plans to pivot away from its heavy focus on multifamily loans, which lost value as interest rates rose.

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The Paypers

JULY 26, 2024

Zro Bank , a cryptocurrency payment company and IP4Y an issuer of electronic currency, have received authorisation from the Central Bank (BC) to become payment institutions.

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American Banker

JULY 26, 2024

Despite being a top concern for a wide swath of voters, housing affordability has largely been absent from presidential politics.

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Policies 41

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Shifting liability for digital fraud losses represents a significant challenge for financial institutions and payment service providers. In response to the global surge in digital fraud, regulators are introducing policies that transfer the cost of fraud from defrauded customers to financial institutions. ThreatMark’s newly released white paper, "The Liability Shift: Understanding Fraud Losses Responsibility and Mitigation," provides an in-depth analysis of this shift, its implications, and stra

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The Paypers

JULY 26, 2024

Airwallex has partnered with Float , a Canada-based B2B fintech, to streamline fast and cost-efficient bill payments for domestic and international transactions.

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BankUnderground

JULY 26, 2024

Gabor Pinter, Emil Siriwardane and Danny Walker In September 2022 the interest rate on UK gilts rose by over 100 basis points in four days. These unprecedent market movements are generally attributed to two key factors: the 23 September announcement of expansionary fiscal policy – the so-called ‘mini-budget’ – which was then amplified by forced sales by liability-driven investment funds (LDI funds).

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The Paypers

JULY 26, 2024

Cryptocurrency exchange Coinbase has been fined GBP 3.5 million by the UK's Financial Conduct Authority for providing payment services to high-risk clients.

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American Banker

JULY 26, 2024

As a senator, the likely Democratic nominee for President championed an agency that did early work on payment technology, setting the stage for a central bank digital currency.

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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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