Payments Dive

AUGUST 8, 2024

Consumer credit card debt delinquencies are also on the rise, particularly among younger consumers, according to a New York Federal Reserve report.

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Cards New York US Report 434

Gonzobanker

AUGUST 8, 2024

The good news: 5 key steps can get banks and credit unions on the road to recovery. In my younger days (think post-cave drawing but pre-smartphone), my friends and I used MapQuest for navigation. Does anyone remember MapQuest? Once we fed our destination into the website on our PC, we had to print the turn-by-turn directions plus the map on paper! Compared to today’s smartphone apps, the MapQuest website was seriously clunky.

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System Comparison Lending Apple 127

Payments Dive

AUGUST 8, 2024

CEO John Caplan is eyeing accounts payable acquisitions after refocusing the cross-border payments company on the business-to-business market.

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Marketing Payments Company 243

BankInovation

AUGUST 8, 2024

Truist is tapping Wells Fargo CIO of Consumer Technology Steve Hagerman to fill its chief information officer role. Hagerman was the “right person at the right time for our enterprise technology team,” a Truist spokesperson told Bank Automation News, noting that selecting a new CIO was a “thorough process.

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Groups

ABA Community Banking

AUGUST 8, 2024

Treasury checks are among criminals’ favorite targets because generally banks must provide the money before they can learn if the check is not valid or stolen, and it has been reported that they are actively targeting the USDA checks. The post USDA discrimination payments are targets for check fraud appeared first on ABA Banking Journal.

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Fraud Payments Report Community Bank 105

ATM Marketplace

AUGUST 8, 2024

Top retail and brand leaders will share executive predictions when it comes to improving the customer experience at the upcoming ICX Summit happening Sept. 9-11 in Charlotte, North Carolina.

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Customer Experience North Carolina Charlotte Retail 105

American Banker

AUGUST 8, 2024

Visa, which leans on sports festivals to showcase emerging shopping and checkout features, says contactless transactions from travelers have jumped during the games.

Technology 87

Technology Payments 87

BankBazaar

AUGUST 8, 2024

Does the pursuit of happiness feel as elusive as a cat chasing a laser pointer? Discover how your feline friend can be your secret weapon for both mental and financial well-being. From stress relief to savvy saving, this purr-fect guide will transform your life, one cat nap at a time. Let’s face it, life can be a real ball of yarn sometimes. Between work stress, financial worries and the never-ending quest for the perfect avocado toast recipe, it’s easy to feel overwhelmed.

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Risk Management Management US Study 78

American Banker

AUGUST 8, 2024

The Federal Deposit Insurance Corp.'s focus on implementing stricter control over brokered deposits is misguided, a former chairman on the agency writes, and misses the real lessons of 2023's bank failures.

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FDIC Community Bank Community Compliance 78

Advertiser: ZoomInfo

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BankInovation

AUGUST 8, 2024

Payments fintech Marqeta saw growth in its total processing volume during the second quarter as consumer demand for non-traditional banking and digital banking channels increased.

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Survey Digital Banking Fintech Payments 72

American Banker

AUGUST 8, 2024

The prepaid card company reported strong results following a government settlement over alleged unfair business practices.

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Cards Report Company Technology 74

BankInovation

AUGUST 8, 2024

Standard Chartered Plc will take a stake in United Fintech Group, becoming the fourth large bank this year to invest in the London-based company as it negotiates new acquisitions to serve the capital markets industry. Standard Chartered will get board observer rights and may later receive a rotational board seat, the two companies said on Thursday.

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Company Fintech Capital Groups 72

The Paypers

AUGUST 8, 2024

Australian banks, led by AP+ and ABA , have announced the launch of Confirmation of Payee service by 2025, enhancing security by verifying payee details before payments.

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Security Payments 69

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BankInovation

AUGUST 8, 2024

TD Bank is taking a conservative approach to AI for consumer-facing operations as it taps the tech for back-end efficiencies. “We are very knowledgeable about the benefits of the AI and what that might bring,” Christopher Fred, head of U.S. credit cards and unsecured lending at TD Bank, told Bank Automation News.

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Lending Cards Operations Retail 69

American Banker

AUGUST 8, 2024

The Federal Reserve Board issued an enforcement action against Customers Bank, citing compliance deficiencies related to its digital asset strategy and instant payments network.

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Compliance Strategy Payments Regulation 67

The Paypers

AUGUST 8, 2024

US-based fintech Payoneer has recently announced the acquisition of Singapore-based global HR and payroll startup, Skuad , for USD 61 million in cash.

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Fintech US 45

American Banker

AUGUST 8, 2024

The stock swoon of early August, however, raises red flags and could delay an anticipated rise in loan demand for banks in need of stronger interest income, analysts caution.

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Marketing Community Bank Community Lending 60

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Capital

The Paypers

AUGUST 8, 2024

Asia-based B2B digital payments platform SUNRATE has entered a collaboration with Outpayce from Amadeus to optimise the payment experience for travel companies.

Payments 41

Payments Company 41

American Banker

AUGUST 8, 2024

As the 2024 election season once again puts the Federal Reserve's independence under a microscope, some observers see a weakness in one of the landmark policy arrangements that undergird the financial system as we know it.

Policies 58

Policies System Compliance Regulation 58

The Paypers

AUGUST 8, 2024

Starting with 4 September 2024, South African banks will suspend electronic fund transfer (EFT) services to Namibia, eSwatini, and Lesotho.

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American Banker

AUGUST 8, 2024

Unless the SEC appeals, a New York judge's decision brings an end to the regulator's four-year battle with the crypto company. But it leaves questions over the legality of crypto unanswered.

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New York Regulation Company cryptocurrency 53

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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.

Operations

The Paypers

AUGUST 8, 2024

US-based financial infrastructure platform Stripe has announced the launch of a no-code adaptive pricing solution to support users in offering buyers their preferred local currencies.

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US 41

American Banker

AUGUST 8, 2024

The Federal Housing Finance Agency wants to update the dual mission of the Federal Home Loan Banks. Members of the private bank cooperative say their regulator has no authority to redefine the mission.

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Regulation Community Bank Policies Community 46

The Paypers

AUGUST 8, 2024

Royal Air Maroc has partnered with Amadeus to advance its strategic digital transformation efforts, which are part of a comprehensive development plan.

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The Financial Brand

AUGUST 8, 2024

This article Does Rapid Growth in Home Equity Credit Signal a Coming Repeat of the 2008 Meltdown? appeared first on The Financial Brand. An appetite for credit is pushing homeowners toward more home equity financing. Is America using its homes as ATMs again? This article Does Rapid Growth in Home Equity Credit Signal a Coming Repeat of the 2008 Meltdown?

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ATM America Branding New York 36

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