Tue.Jan 21, 2025

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ABA Banking Journal’s annual compilation of challenges for a new year

ABA Community Banking

Investigating what is ahead for banks across multiple topics. The post ABA Banking Journals annual compilation of challenges for a new year appeared first on ABA Banking Journal.

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Reeves bids to intervene in car finance case that could cut lenders’ £30bn bill

TheGuardian

Shares in Lloyds and Close Brothers rise as Treasury seeks to tell court that lawsuit could cause economic harm Business live latest updates The chancellor, Rachel Reeves, has launched a rare bid to intervene in a supreme court hearing in the car finance commission scandal that could reduce the 30bn-plus compensation bill lenders currently face. Shares in Lloyds and Close Brothers, two of the biggest providers of motor finance, surged on Tuesday after the Treasury submitted an application to th

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Bybit launches QR Pay for Brazil

The Paypers

Bybit , a cryptocurrency exchange, has introduced a new payment feature called Bybit Card QR Pay for its cardholders in Brazil.

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‘It was pure accident’: how Chase UK’s boss went from communist Poland to Wall Street banking … via linguistics

TheGuardian

Having left the library behind, the once budding academic talks about building JP Morgans UK digital lender from scratch It all started in spring 2019, in a secret office on the seventh floor of JP Morgans London headquarters in Canary Wharf. Tucked behind the bustling staff canteen, at the end of a corridor that snaked past the office gym and in-house doctor, future Chase UK chief executive Kuba Fast was digesting the task ahead of him: helping build a new digital bank from scratch for the Wa

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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Netbank joins forces with Discovery Credit Solutions Corp

The Paypers

Philippines-based Netbank has teamed up with Discovery Credit Solutions Corp (DCSC) to launch a financial service solution developed to optimise loan management and scale financial access for underserved communities.

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Swift selected supplier for EPC Directory Service

The Paypers

The European Payments Council (EPC) has officially selected Swift to develop and operate the EPC Directory Service (EDS) following a comprehensive Request for Proposal (RFP) process conducted in the second and third quarters of 2024.

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Monzo weighs IPO options amid internal debate over US vs UK listing

The Paypers

UK-based fintech Monzo has been exploring options for a market listing, with discussions divided between pursuing an IPO in the US or its home market.

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Worldline teams up with Wix to scale commerce and payments solutions

The Paypers

Global provider of payment services Worldline has joined forces with Wix to increase commerce and payment solutions online for businesses operating in Europe and Asia Pacific.

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Mashreq implements banking services in Oman to support its Vision 2040

The Paypers

Mashreq , a financial institution in the MENA region, has expanded to Oman to introduce a suite of banking services and support the country’s Vision 2040.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Standard Chartered introduces SC PrismFX solution

The Paypers

UK-based Standard Chartered has launched SC PrismFX, a cross-currency transactional foreign exchange (FX) solutions suite.

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DIB increases stake in Türkiye's TOM Group to 25%

The Paypers

Dubai Islamic Bank (DIB) has increased its stake in Türkiye’s TOM Group, a financial services conglomerate, from 20% to 25%.

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