Payments Dive

SEPTEMBER 12, 2024

Real-time payments and open banking will drive the increase, forcing the shift even faster globally, a Capgemini report released this week said.

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Report Payments 396

South State Correspondent

SEPTEMBER 12, 2024

As a general statement, banks offer too many options for certificates of deposits (CDs). Consider that the average bank offers 12 different maturities, some “specials,” plus several different tiers of pricing within each maturity. We have seen banks with as many as 42 different CD options which is inefficient for every party. The problem is too many CD offerings can increase a bank’s cost, confuse customers, confuse employees and, worst of all – damage its overall deposit performance.

Management 195

Management Community Examples Marketing 195

TheGuardian

SEPTEMBER 12, 2024

Worst net closures so far this year are on high streets, while retail parks and shopping centres fair better A wave of closures by chemist, pub and bank chains led to almost 2,300 more empty stores on high streets, shopping centres and retail parks in Great Britain in the first half of this year, according to new research. Chain stores were shuttered at a net rate of 12 a day, with the three services accounting for half of those closures, according to a survey by Green Street for the advisory fi

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Survey Retail Industry 92

William Mills

SEPTEMBER 10, 2024

In today's digital era, podcasts have emerged as a powerful medium for storytelling, knowledge sharing, and building communities. With their rise in popularity, podcasts are no longer just a source of entertainment or education–they are now a key component to brand narratives and media strategies. For companies looking to enhance their PR efforts, working with podcasters offers a unique opportunity to reach niche audiences and build brand credibility in an increasingly crowded market.

Branding 88

Branding Strategy Community Marketing 88

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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

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ATM Marketplace

SEPTEMBER 13, 2024

Cook Solutions Group discussed the last 10 years of TCR history and what we can expect in the future.

Groups 101

Groups 101

South State Correspondent

SEPTEMBER 9, 2024

In Q2/24, the average return on equity (ROE) for the entire banking industry increased to 11.67% (from 11.11% in the previous quarter). However, for community banks (under $10B in assets), the ROE declined to 10.44% (from 10.57% in the previous quarter). When we analyze the causes of the decline in ROE for community banks we see one important factor – it is not cost of funding, or asset yield, but rather, we believe that higher efficiency ratio is hurting community bank performance, and we bel

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Community Bank Community FDIC Industry 195

TheGuardian

SEPTEMBER 13, 2024

Move will take two-year closure total by 2026 to 292 and includes Halifax, Bank of Scotland and Lloyds brands Lloyds Banking Group plans to close another 55 bank branches , bringing the total number due to be shuttered by 2026 to almost 300. The latest batch of closures are slated to begin in the new year and will include Halifax, Bank of Scotland, and Lloyds-branded branches in locations ranging from Surbiton to Port Talbot, Burgess Hill and Didcot.

Branding 83

Branding Groups 83

American Banker

SEPTEMBER 12, 2024

The penalty by the Office of the Comptroller of the Currency is a major setback for the San Francisco bank, which was freed from a separate anti-money-laundering order in 2021. Its stock price fell sharply after the news broke.

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San Francisco Compliance Regulation 81

ATM Marketplace

SEPTEMBER 11, 2024

The BCX Awards honored SF Fire Credit Union, Talkdesk and Chongqing Rural Commercial Bank for innovation in banking.

Customer Experience 98

Customer Experience Innovation 98

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Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.

Lending

Payments Dive

SEPTEMBER 9, 2024

How open finance enables efficient and secure technology, greater flexibility, and scalability.

Community 361

Community Security Payments Technology 361

BankInovation

SEPTEMBER 13, 2024

Banks and investors are evaluating AI-driven startups for long-term growth opportunities. “Investors are keeping close tabs on AI-related innovation,” Isaiah Payne, managing director at investment banking firm Jackson Payne Investments, told Bank Automation News at Finovate Fall 2024. Global AI funding hit a record high in the second quarter with a 59% increase quarter […] The post Five AI-driven fintechs to watch appeared first on Bank Automation News.

Fintech 67

Fintech Innovation Management 67

TheGuardian

SEPTEMBER 8, 2024

Exclusive: Europe’s biggest bank hopes to double UK arm of its wealth and private banking operations HSBC is recruiting hundreds of bankers to serve rich clients in the UK as it looks to head off growing competition from British rivals and take a larger slice of the wealth management market. Europe’s biggest bank is hoping to fortify the UK arm of its wealth and private banking operations by bulking up its team of relationship managers, who offer bespoke services and advice to rich clients in ex

Operations 95

Operations Management Marketing 95

American Banker

SEPTEMBER 12, 2024

Executives at the super-regional bank told investors that years of investments are poised to start paying off in rising profits, but the market seemed skeptical about the company's plan forward.

Regional 80

Regional Marketing Company Industry 80

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Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w

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Commercial Lending USA

SEPTEMBER 9, 2024

Need a business loan? Learn about unsecured commercial loan. Fast approval and competitive rates. Contact Commercial Lending USA today.

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Lending 91

Payments Dive

SEPTEMBER 10, 2024

American Express eschews preset spending limits and instead relies on credit scores and spending history to manage risk, a company executive explained at a conference last week.

Data 243

Data Conference Management Company 243

BankInovation

SEPTEMBER 12, 2024

Bank of America is investing in technology initiatives as automation and digitalization remain priorities. The $3.2 trillion bank spends $12 billion annually on technology, a Bank of America spokesperson told Bank Automation News. Nearly a third of that $12 billion is spent on technology initiatives including innovation, Chief Executive Brian Moynihan said Sept. 10 at […] The post Bank of America spending $12B on technology annually appeared first on Bank Automation News.

America 69

America Technology Innovation Retail 69

TheGuardian

SEPTEMBER 12, 2024

Chancellor says revision of how much lenders must set aside to cope with future crises will bolster growth Business live – latest updates UK politics live – latest updates The Bank of England has watered down new capital rules meant to shock-proof the banking system from another 2008-style crash, in a move the Labour government says will bolster its economic growth plans.

Capital 66

Capital Lending Regulation System 66

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Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se

Community Bank

American Banker

SEPTEMBER 11, 2024

When it comes to delivering superior return on average equity, smaller banks frequently punch above their weight, according to a recent study by Capital Performance Group and American Banker.

Study 78

Study Capital Groups Community Bank 78

The Paypers

SEPTEMBER 11, 2024

Embedded finance platform Liberis has partnered with fintech myPOS to enable the latter to offer revenue-based financing for SMEs in 10 European countries, starting with the UK.

Fintech 67

Fintech 67

Payments Dive

SEPTEMBER 9, 2024

On Jared Isaacman’s second trip to space, the billionaire plans to become the first private spacewalker. Shift4 investors will need to follow space news to learn about it.

Fintech 243

Fintech 243

BankInovation

SEPTEMBER 13, 2024

Citizens Bank has hired 750 engineers over the past four years to boost its in-house technology innovation capabilities. The hiring has helped “us transform from being an organization [that] was heavily outsourced, to having a strong base of in-house engineers who have a problem-solving mindset,” Michael Ruttledge, chief information officer and head of enterprise technology, […] The post Citizens hires 750 engineers to boost in-house tech offerings appeared first on Bank Automation News.

Innovation 65

Innovation US Technology 65

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. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

Community Bank

BankUnderground

SEPTEMBER 10, 2024

Colm Manning and Alice Crundwell No country is an island – in terms of economics at least, if not geography. Trade and capital link all the economies of the world. Relative to GDP, the UK has more foreign assets and liabilities than any other large economy. These external liabilities – UK assets owned by overseas investors – could result in vulnerabilities that might cause major disruption to the economy and financial system in a stress.

Policies 61

Policies Examples US National 61

American Banker

SEPTEMBER 12, 2024

Executives from JPMorgan Chase, TD, U.S. Bank, M&T and other banks will gather to discuss how they serve small business clients, what those customers want now, and what they expect in 2025 and beyond.

Lending 74

Lending 74

The Paypers

SEPTEMBER 11, 2024

MENA-based financial services enabler Paymob has extended its Series B funding round to USD 72 million, to maintain profitable growth in its core market.

Marketing 73

Marketing 73

Payments Dive

SEPTEMBER 13, 2024

The bank began offering the payments option from Early Warning Services to its credit and debit cards customers this week.

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Cards Payments 259

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

A good, fast, clean audit leads to a happy work life. Join us in this one-hour webinar, where we share the best ways to prepare and conduct your audit process to maximize audit satisfaction and minimize administrative time in month-end close and financial reporting. Learning objectives: This course objective is to review leading practices to maximize audit success.

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