Fri.Dec 13, 2024

article thumbnail

Should financial institutions consolidate to 1 vendor?

ATM Marketplace

In today's podcast, experts from Oregon Community Credit Union and Cook Solutions Group discussed vendor management and made the case for switching to one vendor.

Oregon 98
article thumbnail

Ex-TD employee charged in debit card case

Payments Dive

The former worker issued dozens of cards linked to accounts opened by another TD employee in the names of shell companies, and received bribes for that work, the Justice Department alleged.

Cards 370
Insiders

Sign Up for our Newsletter

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

article thumbnail

Steven King's SSIS 2024 keynote demonstrates how automation, AI, robotics are transforming industry

ATM Marketplace

Addressing a crowd of business leaders and industry operators, King shared his insights into the evolving landscape of automation, robotics, and artificial intelligence, emphasizing the importance of balancing technological ambition with practical implementation.

Industry 105
article thumbnail

Klarna, eBay for European expansion

Payments Dive

The Swedish buy now, pay later provider is expanding with the global marketplace company as it contemplates a U.S. initial public offering.

Company 361
article thumbnail

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.

article thumbnail

Financial Checkup Guide: Close the Year with Clear Goals

Ublocal

Year-End Financial Checkup: Are You on Track? The end of the year isnt just made for celebrations, its a time to take a look at your finances and see where you stand. We dont just mean a quick glance at your savings and checking accounts, a financial review means assessing your financial progress and setting goals for the new year. Why Budget Reviews Matter A budget review means taking a close look at your income and spending over the past year.

Taxes 75

More Trending

article thumbnail

Maximizing AI Payoff in Banking Will Demand Enterprise-Level Rewiring

The Financial Brand

This article Maximizing AI Payoff in Banking Will Demand Enterprise-Level Rewiring appeared first on The Financial Brand. Adopting AI in little bite-size chunks only produces bite-sized results, says McKinsey. Is it time for banks to go "all in"? This article Maximizing AI Payoff in Banking Will Demand Enterprise-Level Rewiring appeared first on The Financial Brand.

article thumbnail

The open banking rule helps consumers. Why are banks against it?

American Banker

An industry lawsuit seeks to undermine a rule put forward by the Consumer Financial Protection Bureau that would make it much easier for consumers to manage their own financial health.

article thumbnail

Maximizing AI Payoff in Banking Will Demand Enterprise-Level Rewiring

The Financial Brand

This article Maximizing AI Payoff in Banking Will Demand Enterprise-Level Rewiring appeared first on The Financial Brand. Adopting AI in little bite-size chunks only produces bite-sized results, says McKinsey. Is it time for banks to go "all in"? This article Maximizing AI Payoff in Banking Will Demand Enterprise-Level Rewiring appeared first on The Financial Brand.

article thumbnail

Dime in NY takes $43 million hit to unload underperforming securities

American Banker

The bank said it redeployed proceeds from the sale into high-yielding investments. It also said it would end an employee pension plan to curb expenses.

article thumbnail

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.

article thumbnail

Upbound acquires Brigit, expanding financial solutions platform

American Banker

Upbound currently focuses on lease-to-own products. Brigit will help it expand its offerings, but the fintech faced an FTC complaint last year.

Fintech 36
article thumbnail

BNPL lender Affirm inks fresh forward-flow deal with Sixth Street

American Banker

Affirm partners with Sixth Street to sell its buy now/pay later loans to the investment firm; Associated Banc-Corp promotes Steven Zandpour to deputy head of consumer and business banking; Visa Direct speeds up its money transfers; and more in this week's banking news roundup.

article thumbnail

Elder abuse, AI deepfakes and TikToks: 2024's fraud trends

American Banker

From mail theft to video games, a variety of trends shaped scams and fraud in 2024 and made the schemes more expensive for everyone.

Trends 36
article thumbnail

Carver directors win re-election after controversial vote

American Banker

A close result was complicated by an hour-long adjournment of the New York-based company's annual meeting that angered dissident investors and left them mulling legal action.

article thumbnail

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.

article thumbnail

Flushing Financial's $70 million capital raise prompts sell-off in shares

American Banker

The Long Island bank is the latest financial institution to use new equity to restructure its balance sheet and unload low-yielding assets. Its stock price tumbled after the shares were priced at a considerable discount.

Capital 28
article thumbnail

Trump wants to streamline bank regulation. Here's how he should do it.

American Banker

We should consolidate federal oversight of the banking industry within the Office of the Comptroller of the Currency. It would rationalize a system that has grown increasingly unwieldy over generations.

article thumbnail

Conservative court's ruling is an omen about DEI under Trump

American Banker

Banks will feel the fallout from a court's decision to strike down a Nasdaq rule that would have mandated more disclosure about the racial and gender composition of corporate boards.