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Unveiling the Future: 5 Key Trends Shaping Financial Services in 2025

Perficient

The financial services sector is experiencing transformative changes driven by technological advancements and innovative trends. We are witnessing the integration of AI, the rise of hyper-personalization, and the adoption of advanced digital platforms, all of which are revolutionizing operations and client interactions. Additionally, the emergence of embedded finance and an increased focus on regulatory compliance are compelling financial institutions to continuously adapt and innovate.

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What is a payment system?

Abrigo

Payment system types, trends, and fraud risks Understanding how payment systems function, the different types in use, and the associated risks is critical for financial institutions to be able to balance innovation with security. Key topics covered in this post: What is a payment system? Traditional & emerging payment systems Payment system vs. payment platform Regulations related to payment systems The growing risk of payment fraud What is a payment system?

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Protecting customers from disaster fraud: What financial institutions need to know

Abrigo

Protecting customers from disaster fraud In the aftermath of hurricanes, wildfires, floods, and other natural disasters , vulnerable communities often see an uptick in disaster fraud schemes designed to steal personal information or relief funds from would-be donors. As trusted financial partners, banks and credit unions play a critical role in helping customers recognize and avoid these scams.

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Block takes on payday lenders with Cash App

Payments Dive

The company says new consumer loans to be made by its Square unit through the digital wallet are a less expensive alternative to predatory short-term financing.

Company 417
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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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Banks Are Falling Short in Their ROI on Technology

Gonzobanker

While Elon Musk is making some raving fans and many others nervous slamming through the Beltway, Im reminded of a famous quote of his that truly hits home in todays banking industry: People always think technology just automatically gets better every year, but it actually doesnt. It only gets better if smart people work like crazy to make it better.

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No cash Isa shake-up in spring statement, but Reeves still considering cuts

TheGuardian

Reduction in maximum amount from 20,000 to 4,000 understood to be longer-term aim for chancellor A mooted shake-up of cash Isas will not be announced in the spring statement this month, but the government is still considering the possibility of cutting the maximum amount people can put into them, it has emerged. In recent weeks a row has broken out over whether ministers should scale back tax breaks on the popular savings accounts to help encourage a shift from cash into stock market-based inves

Taxes 54
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Retail, crypto groups converge to back stablecoin legislation

Payments Dive

The Merchants Payments Coalition and the Payment Choice Coalition locked arms to advance stablecoins as the Senate Banking Committee passed a stablecoin bill.

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How do branches score on customer experience?

ATM Marketplace

Consultant Mack Turner shares how bank branches are doing with customer experience strategies.

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How to tie everyone to PROFIT [VIDEO]

The Emmerich Group

Does every team member on your team know how they tie to profit? I mean really know? When a study published in Businessweek revealed they had asked 6,000 employees, “Do you perform in the top 10 percent?” more than 90 percent said they performed in the top 10 percent! Whoa. So yes, you likely have a problem. And no, your people don’t really understand how they tie to profitbut they certainly think that they do.

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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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Strengthening Banking Relationships Through Modern Technology Ecosystems

Jack Henry

Explore how modern technology ecosystems can strengthen banking relationships, build trust, and drive growth for financial institutions and their communities.

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A new 'introductory' card boosts competition for banks

American Banker

GetAugie targets consumers new to credit, undercutting mainstream banks' secured cards that often charge an annual fee and carry hefty annual percentage rates.

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Scaling payments for global growth: Why payment orchestration is the future

Payments Dive

How global businesses are expanding their payment operations worldwide while optimizing for performance.

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Examining the past, present and future of XFS

ATM Marketplace

Currently, XFS development continues to advance, with its latest evolution leading to XFS4IoT, a version that meets the new demands of digital banking and cloud computing.

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The Role of Automation in Commercial Lending

Automation is changing the game for commercial lenders, offering a clear path to competitive advantage in 2025. Rising costs, outdated workflows, and manual data entry slow growth and impact borrower satisfaction. Automation addresses these challenges, reducing costs, speeding up loan cycles, improving accuracy, and elevating borrower experiences. With market uncertainty easing, now is the time to act—waiting until loan volumes rebound leaves lenders unprepared and struggling to compete.

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Select ID, ShareRing, SQR, and Luciditi announce strategic partnership

The Paypers

Select ID , ShareRing , SQR , and Luciditi have partnered to develop a Reusable Digital ID Network for UK financial services and compliance-focused sectors.

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Mastering Digital Security: Harnessing the Power of Modern Fraud Prevention Tools

Jack Henry

In today's fast-evolving digital landscape, banks and credit unions face unique challenges when it comes to safeguarding their accountholders' financial data.

Tools 78
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The GENIUS Act: Existential threat to banks or opportunity?

American Banker

As the Senate Banking Committee meets to consider landmark stablecoin legislation today, the banking industry is beginning to wake up to what some experts say is an existential threat.

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Citi pursues partnerships to elevate its pay-over-time tool

Payments Dive

The bank doesn’t need partnerships for its credit card customers to access the financing service, but tie-ups offer customer convenience and visibility, said Citi’s Jeff Chwast.

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Outsource With Confidence for RDC Program Success

Remote Deposit Capture (RDC) clients are more likely to use additional treasury services and maintain larger deposits. However, poor customer experiences—particularly if they delay deposits—can compel RDC clients to take their business elsewhere. This eBook makes the case for outsourcing RDC operations to a proven managed services partner. This approach helps Treasury Departments with limited resources provide excellent client experiences that result in higher retention and productivity rates.

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Santander to close 95 UK branches, putting 750 jobs at risk

TheGuardian

Bank says 18 other outlets will become counter-free and further 36 will operate reduced hours Santander is to close a fifth of its branches in the UK as part of an overhaul of its network, putting 750 jobs at risk. The retail bank said it would shut 95 out of its 444 high street outlets, and reduce the services or hours at a further 50-plus branches, by June to better serve the changing needs of customers.

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COCA enters the US market in collaboration with Ramp Network

The Paypers

COCA partners with Ramp Network to expand into the US crypto market and offer 3% cashback in tokens to new users.

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Bank acquisitions announced in Georgia, Louisiana

ABA Community Banking

MetroCity Bankshares has agreed to buy First IC Corp. in Georgia. Planters Holding has agreed to buy BSJ Bancshares in Louisiana. The post Bank acquisitions announced in Georgia, Louisiana appeared first on ABA Banking Journal.

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Swipe fee reform will barely dent American banks' record profits

American Banker

Small businesses and consumers deserve the relief that legislation like the Credit Card Competition Act would bring from the fees that burden every card-based transaction. Banks can easily afford it.

Cards 71
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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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Klarna to displace Affirm as Walmart BNPL provider

Payments Dive

The Swedish buy now, pay later business partnered with a Walmart-backed fintech to offer loans at the retail giant via a digital payments app.

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How to Choose the Best Construction Loan for Your Project

Commercial Lending USA

Navigate the best construction loans with ease! Expert tips, lender comparisons, and loan program insights for your investment property.

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Nexi expands Tap to Pay on iPhone to Switzerland and Finland

The Paypers

European payments firm Nexi has introduced Tap to Pay on iPhone in Switzerland and Finland, allowing merchants to accept contactless payments without additional hardware.

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How banks can appeal to the Zoomer generation

ABA Community Banking

A new generation is emerging into the economy and financial universe. The post How banks can appeal to the Zoomer generation appeared first on ABA Banking Journal.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.