Tue.Oct 22, 2024

article thumbnail

The Cat’s Out of the Bag: Agility Is the Future of PR

William Mills

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 82
article thumbnail

Celebrating FinCrime Fighter Day: Honoring the heroes of financial security

Abrigo

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CFPB issues final rule on open banking

Payments Dive

In a change from last year’s proposal, payment apps are included under the rule. Financial institutions with less than $850 million in assets are exempt.

Payments 221
article thumbnail

Open Banking and Dodd-Frank 1033: A springboard for competitive advantage

Accenture

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
article thumbnail

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.

article thumbnail

Oracle debuts healthcare payments service

Payments Dive

The new system enables patients to pay their medical bills via cards or digital payments, and helps medical facilities track revenue.

Payments 195

More Trending

article thumbnail

Bank training: 5 tips to be successful

ATM Marketplace

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

Training 115
article thumbnail

dLocal partners with USI Money to provide cross-border payments

The Paypers

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
article thumbnail

First National Bank of Lindsay failure: One-off or sign of the times?

American Banker

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.

article thumbnail

Bank acquisitions announced in three states

ABA Community Banking

Atlantic Union to buy Sandy Spring in Maryland; deals also announced in Tennessee and Texas. The post Bank acquisitions announced in three states appeared first on ABA Banking Journal.

article thumbnail

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

article thumbnail

Congress should invest in the economic future of Latino homeowners

American Banker

A large and growing part of the American workforce, Latinos are also the fastest-growing segment of the housing market. A few smart moves by Congress could help them achieve the American Dream while turbocharging the economy.

article thumbnail

HSBC divides into four businesses in major overhaul of operations

TheGuardian

Chief executive Georges Elhedery also announces east-west split in effort to cut costs and navigate geopolitical tensions Business live – latest news updates HSBC’s new chief executive, Georges Elhedery, has unveiled an overhaul of the bank, dividing it into four businesses and a new geographical setup that splits operations into east and west in an effort to cut costs and navigate rising geopolitical tensions.

article thumbnail

What CFPB's open banking rule does to advance payment innovation

American Banker

Section 1033 promised to increase competition in banking and improve the ability to offer novel payment methods, but experts say the regulation isn't clear enough to have a major impact.

article thumbnail

ABA announces 2024 Emerging Leader Award recipients

ABA Community Banking

ABA announced the 2024 recipients of its annual Emerging Leader Awards, which recognize the next generation of bank leaders committed to the highest standards of achievement and service. The post ABA announces 2024 Emerging Leader Award recipients appeared first on ABA Banking Journal.

article thumbnail

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.

article thumbnail

The CEOs at the head of the class of The Most Powerful Women in Banking honorees

American Banker

Female chief executives are a rare thing in the banking industry, but the women honored in this year's suite of awards are hoping to change that trend.

Trends 74
article thumbnail

Chainlink introduces CCIP Private Transactions

The Paypers

Chainlink has unveiled a new privacy-focused feature named CCIP Private Transactions, which leverages the Chainlink Blockchain Privacy Manager.

article thumbnail

20 largest banks by deposits

American Banker

The top five banks on this list have combined deposits of nearly $7.5 trillion.

article thumbnail

Arab Financial Services secures USD 50 million for development plans

The Paypers

Arab Financial Services has announced the rise of USD 50 million capital injection, to optimise its financial position and catalyse its ambitious growth strategy.

article thumbnail

It Takes Two to Tango

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.

article thumbnail

CFPB's open banking rule faces suit from Bank Policy Institute

American Banker

The Bank Policy Institute is among the parties that filed a lawsuit late Tuesday to challenge the Consumer Financial Protection Bureau's new open banking rule.

article thumbnail

CFPB finalises personal financial data rights rule for more choice in financial services

The Paypers

The Consumer Financial Protection Bureau has finalised a rule that will give US consumers optimised rights, privacy, and security over their personal financial data.

Data 41
article thumbnail

CFPB's 1033 open banking final rule expands scope to payment apps

American Banker

The Consumer Financial Protection Bureau expanded the scope of the 1033 rule to include payment apps, provides for some secondary uses of data, and extends the timeline for compliance.

article thumbnail

Noda launches its Pay & Go solution

The Paypers

UK-based Open Banking payment provider Noda has launched Pay & Go, a solution developed to simplify the user journey for merchants who need registration, KYC, and payment processing.

article thumbnail

The 2024 Lenders Guide to Automating the Complex Loan

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.

article thumbnail

JPMorgan Chase poised to take gen AI from experiment to implementation

American Banker

The first panel Tuesday at American Banker's Most Powerful Women in Banking Conference focused on banks' use of AI tools.

article thumbnail

Tuum teams up with Google Cloud to optimise digital banking in EMEA

The Paypers

Estonia-based core banking provider Tuum has announced its partnership with Google Cloud , with the two companies aiming to improve digital banking services across Europe, the Middle East, and Africa (EMEA).

Google 36
article thumbnail

'Help wanted' sign is out at Dime

American Banker

As new hires generate low-cost deposits and higher-yielding business loans, the New York company's net interest margin is widening. Dime executives signaled the hiring will resume in 2025.

article thumbnail

The Paypers unveils the Next-Gen Tech to Detect Fraud and Fincrime Report 2024

The Paypers

The Paypers has released the Next-Gen Technologies to Detect Fraud and Financial Crime Report 2024 , highlighting how banks, fintechs, and PSPs leverage AI to combat advanced fraud.

Fraud 36
article thumbnail

Confronting the Change Challenge

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.