Perficient

OCTOBER 28, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility. The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks.

Regulation 221

Regulation Fraud Tools Compliance 221

Payments Dive

OCTOBER 28, 2024

Plaid CEO Zach Perret expects consumers to use pay-by-bank services for mortgage and utility payments, but is skeptical they will be used to pay at restaurants or for groceries anytime soon, he said.

Payments 195

Payments 195

Payments Dive

OCTOBER 24, 2024

Regulators and industry participants worry that FDX will have an unfair monopoly and will advantage its own members if no other organization applies.

Industry 363

Industry Regulation 363

Accenture

OCTOBER 25, 2024

The payments industry is evolving rapidly, driven by changing consumer and commercial needs. Payments executives are grappling with rising costs, shrinking margins and emerging technologies like generative AI, prompting a reevaluation of their strategies. The key question is: What tech investments should be prioritized to stay competitive? Our new research, based on insights from 326… The post Challenges shaping North American banks’ payments tech investments appeared first on Accenture Ba

Payments 221

Payments Strategy Industry Technology 221

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With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.

Analysis

Abrigo

OCTOBER 22, 2024

Say "thank you" this National FinCrime Fighter Day BSA professionals and financial crime fighters are tasked with the challenge of protecting our financial system daily. October 26 is National Financial Crime Fighter Day , and it’s the perfect time to pause and applaud everything these professionals do. Since we founded the day of recognition in 2018, it’s become an opportunity for the nation to show gratitude for FinCrime fighters’ work in the financial industry.

Security 221

Security Fraud Community National 221

Perficient

OCTOBER 25, 2024

As new technologies become available within the digital space, businesses must adapt quickly by modernizing their legacy systems and harnessing the power of the cloud to stay competitive. Forrester’s 2024 report recognizes 42 notable providers– and we’re proud to announce that Perficient is among them. We believe our inclusion in Forrester’s Application Modernization and Multicloud Managed Services Landscape, Q4 2024 reflects our commitment to evolving enterprise applications and managing multic

Management 221

Management Customer Experience America Report 221

Accenture

OCTOBER 22, 2024

The financial services industry is undergoing a fundamental shift, driven by Open Banking’s rapid rise in North America. This trend is amplified by the just released Dodd-Frank 1033 rule, which requires that financial institutions (FIs) provide consumers with greater access to their financial data. While compliance with this rule is non-negotiable, it opens the door… The post Open Banking and Dodd-Frank 1033: A springboard for competitive advantage appeared first on Accenture Banking Blog.

America 195

America Compliance Trends Industry 195

Abrigo

OCTOBER 25, 2024

Helpful info for Cybersecurity Awareness Month Helping financial institutions mitigate AI-enhanced cybersecurity risks is the focus of a recent letter from the N.Y. Department of Financial Services. This article covers these key topics: Cyber threat warnings from New York State 3 Cyber risks posed by AI Strategies to mitigate AI-related cyber risks Cyber threat warnings for banks & credit unions Whether intentionally timed to coincide with Cybersecurity Awareness Month or not, the New Yor

Training 195

Training Strategy Fraud Video 195

ABA Community Banking

OCTOBER 23, 2024

ABA has elected Jennifer Jones as chair of the Community Bankers Council for the 2024-2025 association year. Jones is president and CEO of CBL State Savings Bank in Greer, South Carolina. The post South Carolina banker elected chair of ABA’s Community Bankers Council appeared first on ABA Banking Journal.

South Carolina 98

South Carolina Community Community Bank 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

OCTOBER 25, 2024

“Illinois has made a hasty decision that, if implemented, would have government change our payments system that functions so well that we barely notice it,” writes a trade group CEO.

Illinois 221

Illinois Groups System Payments 221

Perficient

OCTOBER 24, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility. The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks.

Regulation 221

Regulation Risk Management Compliance Fraud 221

Jack Henry

OCTOBER 25, 2024

At Jack Henry™, our mission is fueled by three guiding principles: do the right thing, do whatever it takes, and have fun. This commitment is core to our corporate citizenship and philanthropy efforts – particularly our Give Back at Jack campaign.

Community 78

Community 78

BankBazaar

OCTOBER 24, 2024

Navigate festive discounts wisely with thoughtful planning and informed choices, ensuring you celebrate joyfully without financial stress. Enjoy the festivities while maximising savings with smart shopping strategies! As the vibrant festival of Diwali approaches, the excitement in the air is palpable. Alongside the celebrations, retailers are gearing up for one of the biggest shopping seasons of the year, presenting a plethora of festive discounts, cashback offers, and tempting financing options

Cards 78

Cards Retail Tools Strategy 78

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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

Cards

ATM Marketplace

OCTOBER 22, 2024

Need better employees for your bank? Use these 5 strategies to train new and current employees effectively.

Training 119

Training Strategy 119

Payments Dive

OCTOBER 28, 2024

Consumer Financial Protection Bureau Director Rohit Chopra called out bank litigants that sued over the rule, saying he didn’t think they’d even read it.

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195

TheGuardian

OCTOBER 25, 2024

Judges in test case rule it was unlawful for lenders to pay commission to car dealers without borrowers’ knowledge Consumers have won a landmark car finance mis-selling case that could pave the way for companies to be forced to pay billions of pounds in compensation to borrowers. On Friday, judges from the court of appeal ruled in favour of three borrowers whose cases were merged earlier this year, saying it was unlawful for lenders to have paid a commission to car dealers without the borrowers’

Company 94

Company Industry Regulation 94

The Paypers

OCTOBER 22, 2024

dLocal has announced its partnership with USI Money in order to streamline cross-border payments for customers and clients in the region of Asia and Africa.

Regional 101

Regional Payments 101

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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

BankBazaar

OCTOBER 22, 2024

Ready to supercharge your festive savings but don’t know where to get started? Two words – Credit Cards! Now if you are wondering what strategies you can employ to make the most out of your Credit Card, here is a comprehensive list with some real-world examples! The festive season in India, spanning from Diwali to Christmas and New Year, is a time of joy, celebration, and, of course, SHOPPING.

Cards 78

Cards social media Strategy Examples 78

American Banker

OCTOBER 24, 2024

The credit card heavyweight outpaced analysts' profitability expectations in the third quarter, but its pending acquisition of Discover Financial Services faces a new potential obstacle.

Capital 90

Capital Cards 90

Payments Dive

OCTOBER 23, 2024

The digital cash advance provider to small businesses deepened its ties to the British firm GoCardless this week as part of its quest to expand outside the U.S. market.

Marketing 221

Marketing 221

ATM Marketplace

OCTOBER 23, 2024

Haley Gibson, senior manager, cash insights and policy analysis, Federal Reserve Financial Services, discussed key cash usage trends.

Analysis 88

Analysis Policies Trends Management 88

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

TheGuardian

OCTOBER 28, 2024

Lender holds about £15bn in loans through Black Horse and could have to pay compensation for mis-selling Business live – latest updates Lloyds Banking Group has said it is assessing the potential impact of a landmark court ruling over car finance mis-selling on Friday, which may lead to lenders paying out billions of pounds in compensation to borrowers.

Groups 70

Groups Marketing 70

William Mills

OCTOBER 22, 2024

As a PR professional —and a lifelong cat owner—I’ve started to notice surprising parallels between my career and my cats. On a surface level, it looks like public relations and cats are worlds apart, but they actually share some striking similarities. From managing crises to building relationships, cats have a lot to teach us about thriving in an unpredictable environment.

US 77

US Management Strategy 77

American Banker

OCTOBER 22, 2024

While trade groups representing Oklahoma banks argue the failure of Oklahoma-based First National Bank of Lindsay is an isolated incident, some in the industry say it may be a sign of more collapses to come.

Oklahoma 87

Oklahoma National Groups Industry 87

Payments Dive

OCTOBER 25, 2024

New York Attorney General Letitia James is probing the proposed acquisition’s effects on competition, arguing “often vulnerable New Yorkers with subprime credit scores” could be negatively impacted.

Capital 195

Capital New York 195

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Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

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