November, 2024

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Afterpay to arrive on 24M Cash App cards

Payments Dive

The digital payment company’s leader, Jack Dorsey, aims to create lending services that will appeal to millions of U.S. adults who haven’t had access to other forms of credit.

Cards 521
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Key strategies and approaches for mainframe and core banking modernization

Accenture

The financial services sector, like many industries, is undergoing a transformation to drive new revenue streams and profitability. This shift is fueled by evolved and new business models based on advanced technologies and aimed at meeting client expectations. Similar to other industries, financial services organizations are focused on streamlining cost-to-serve mechanisms and enhancing productivity.

Strategy 222
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How AI and voice-speech interaction is transforming kiosk customer experience

ATM Marketplace

AI has taken the world by storm, and it has transformed numerous aspects of customer experience across restaurant, QSR, and self-service contexts, including drive-thru ordering and kiosks.

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Starling Bank staff resign after new chief executive calls for more time in-office

TheGuardian

Exclusive: Staff complain Raman Bhatia is creating ‘grey corporate hellscape’ and offices already lack desk space Staff have resigned at Starling Bank after its new chief executive demanded thousands of workers attend its offices more regularly, despite lacking enough space to host them. In his first major policy change since taking over from the UK digital bank’s founder, Anne Boden, in March, Raman Bhatia has ordered all hybrid staff – many of whom were in the office only one or two days a wee

Policies 109
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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Nonbank lenders as global shock absorbers

BankUnderground

David Elliott, Ralf Meisenzahl and José-Luis Peydró Capital flows and credit growth are strongly correlated across countries. Macroeconomic evidence suggests that this ‘ global financial cycle ’ is largely driven by US monetary policy: expansionary policy by the Federal Reserve drives increases in lending globally, while contractionary Fed policy leads to a tightening of global financial conditions.

Policies 102

More Trending

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Fed aims to make instant payments the norm

Payments Dive

“It's going to be up to us to move instant payments from being novel to being normal,” Federal Reserve Financial Services’ chief payments executive told attendees at a major industry conference last week.

Payments 476
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Retracing the career paths of the Most Powerful Women in Banking

American Banker

While many banks and financial service companies play out on the global stage, the industry itself can be smaller than it seems. Many of the honorees on this year's list worked at the same companies during their careers. Here is a look at those connections.

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What are the top future banking trends?

ATM Marketplace

Erin Cohee, VP of user experience and business development at OneUnited Bank to learn more about top banking trends from the perspective of the largest Black-owned bank in the U.S.

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Rules imposed after financial crisis have ‘gone too far’, Reeves tells City bankers

TheGuardian

Chancellor uses Mansion House speech to suggest it is time to loosen some constraints brought in after 2007-08 crash Rachel Reeves has told City bankers attending her Mansion House speech that regulations put in place to protect the economy after the global financial crisis had “gone too far”. Speaking at the glitzy annual gathering in the Square Mile on Thursday, the chancellor called the financial services sector the “crown jewel” of the UK economy.

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How a Managed Services Partner Can Reduce the Friction in Your RDC Program

Treasury teams at community banks face an ongoing challenge of delivering frictionless customer experiences as they support treasury products – especially RDC. This infographic focuses on the efficiencies community banks gain when partnering with a proven managed services provider. You’ll see the advantages you can gain when a managed services partner leverages online tools, skilled customer and technical support personnel, and fulfillment and logistics capabilities to streamline RDC fulfillment

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LinkedIn is a Horn of Plenty for B2B Communications

William Mills

Thanksgiving is just around the corner, making it a perfect time to reflect on the abundance of tools and opportunities that help us connect, engage, and grow. Among the many assets at our disposal, LinkedIn is quickly becoming a cornucopia of useful resources for B2B communications. The social platform gives PR professionals a variety of ways to build a client’s brand, engage targeted audiences, and create meaningful industry connections.

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Nubank launches cryptocurrency swap tool

The Paypers

Nubank has launched cryptocurrency swap tool in its app where customers who own cryptocurrencies can now trade Bitcoin, Ethereum, Solana, or Uniswap for USDC and vice versa.

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How Trump’s administration may rework payments policies

Payments Dive

The president-elect and his new administration will have the opportunity to revamp federal government approaches for everything from earned wage access to digital currencies to open banking.

Policies 465
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The Most Powerful Women in Credit Unions, 2024

American Banker

This year's honorees demonstrate the courage and experience necessary to address the rise of digital commerce, AI, bank and fintech rivals.

Fintech 92
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Budget Playbook for Commercial Lenders — Bank and Credit Union Edition

Amid market uncertainty, banks and credit unions are faced with critical decisions about the future of their commercial lending. With fluctuating interest rates and rising competition from non-bank lenders, it's critical to allocate your 2025 budget strategically to optimize lending operations. Our Budget Playbook for Commercial Lenders delivers key strategies to help you navigate these challenges, ensuring your institution is well-positioned for the coming year.

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Self-Service Innovation Summit: Driving profitable self-service retail in high-traffic locations

ATM Marketplace

A panel talk, “Self-Service Retail: A Profitable Path to Growth in High-Traffic Locations,” will offer expert insight at the Self Service Innovation Summit being held Dec. 9-11 in Tampa, Florida. Registration continues through Dec. 6.

Tampa 98
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Reeves tells City regulator to encourage more risk-taking in financial sector

TheGuardian

New remit given to FCA by chancellor raises fears of a weakening of rules meant to avert another financial crisis The financial regulator has been ordered to encourage more risk-taking across the City, raising concerns that the Labour government is in danger of watering down rules meant to avoid another financial crisis. In an official “remit” letter addressed to Financial Conduct Authority (FCA) boss, Nikhil Rathi, the chancellor, Rachel Reeves, said regulations meant to protect consumers shoul

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With the arrival of stablecoins, is it time to pay farewell to traditional payment rails?

BankUnderground

Aly Soliman Stablecoins have emerged as an innovative form of money in the financial landscape. While they represent a small fraction of the global financial system, stablecoins have grown by US$30 billion in the last few months (as reported on DefiLlama). The potential effect of stablecoins on the payment industry could be substantial and merits attention.

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Ant International launches MSME S-Card with industry partners

The Paypers

Ant International has launched its MSME S-Card, aimed at introducing a sustainability impact on SMEs in their development process, as well as new green financing opportunities.

Cards 88
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Is Your Current Card Platform Holding You Back?

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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Senate grills Visa, Mastercard executives over swipe fees

Payments Dive

Executives from the card networks were on the defensive Tuesday when members of the Senate Judiciary Committee berated them over high fees merchants must pay to accept credit card payments.

Cards 395
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Banks need to begin sharing information about sophisticated fraud

American Banker

As long as fraud-prevention efforts remain siloed and bank-specific, perpetrators remain free to employ the same strategies over and over. Banks need to do a better job of sharing information and collaborating.

Fraud 89
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Teller Cash Recyclers 101: 4 facts to know

ATM Marketplace

TCRs have been around for a few decades now at this point, and they have evolved significantly since then. Here are four key facts to know about these machines.

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‘I relate to Erin Brockovich’: postman who took on car finance world – and won

TheGuardian

Andrew Wrench’s case over ‘secret’ dealership commission could help UK consumers win billions in compensation Self-styled as the Erin Brockovich of the Potteries, and described by the court of appeal as “a postman with a penchant for fast cars”, Andrew Wrench is a force to be reckoned with. And while he may not be a household name yet, those who work in the multimillion-pound car-leasing industry will be all too aware of his campaigning zeal.

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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

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.

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6th Session - Alternative LITE DOC and NO DOC Loans

Commercial Lending USA

Looking for commercial loans in the USA? Commercial Lending USA specializes in arranging commercial mortgages for businesses and commercial purposes nationwide. Get the funding you need today!

Lending 76
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ECB debates the publishing of a report for EU banks' capital requirements

The Paypers

The European Central Bank (ECB) has been debating whether to release a sensitive report underlining capital requirements for large EU lenders compared to US financial institutions.

Capital 73
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Visa pinpoints rising fraud threats

Payments Dive

In a new report, the card network detailed cyber schemes and scams that have led it to invest $11 billion over the past five years in improving its systems.

Fraud 466
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Best Banks to Work For 2024

American Banker

This year, 90 banks made American Banker's 12th annual Best Banks to Work For ranking. The leaders of these institutions share how they keep their employees happy.

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Breaking New Ground: Managing Innovation Fatigue With Effective Automation

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.