Accenture

MAY 2, 2024

Spring is a time when most people, bankers included, take a fresh look at the challenges they face and tackle them with renewed vigor. Commercial banking should be on this year’s spring-cleaning list. While it is often the bank’s largest revenue generator, its processes continue to be highly manual, constraining the potential for profit growth.… The post The time for generative AI in commercial banking is now appeared first on Accenture Banking Blog.

Banking Trends 530

Banking Trends Trends 530

Payments Dive

MAY 2, 2024

The payments processor plans to finish an assessment of operations in the next few months, aiming to streamline its business and pare units it can’t scale.

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Payments Operations 365

Abrigo

MAY 2, 2024

Boost your small business lending efforts from the bottom up Small businesses play a crucial role in our economy, and one of the critical factors in their success is access to funding. You might also like this guide for smarter, faster small business lending. DOWNLOAD Takeaway 1 Your loan policy sets the tone for the institution's approach to risk appetite, risk tolerance, lending philosophy, and organization of the lending function.

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Lending Strategy Analysis Policies 221

BankInovation

MAY 2, 2024

Card giants Mastercard and Visa leaned into AI and generative AI for fraud detection in the first quarter. “We continue to enhance our solutions with generative AI to deliver even more value,” Chief Executive Michael Miebach said during Mastercard’s May 1 earnings call.

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Fraud Cards Security 121

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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.

Groups

TheGuardian

MAY 2, 2024

Changes will allow the investment bank’s star performers to earn up to 25 times their annual salary Goldman Sachs has told hundreds of its top UK bankers that it is eradicating a cap on bonuses, in a move that will allow its star performers to earn up to 25 times their annual salary. Richard Gnodde, chief executive of Goldman Sachs International, made the announcement during a video message to staff on Thursday.

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Video Regulation 104

TheGuardian

MAY 2, 2024

John Duff Lowe, who has died aged 81, was a pianist on the first record that Paul McCartney, John Lennon and George Harrison made together, in 1958, as the Quarrymen. Despite his rock pedigree, Duff, as he was affectionately known, spent most of his life working in banking and financial services. His piano playing on McCartney and Harrison’s song In Spite of All the Danger featured at the start of Peter Jackson’s 2022 documentary The Beatles: Get Back.

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American Banker

MAY 2, 2024

The embedded banking services Amazon offers to third-party sellers come from the hidden hand of JPMorgan Chase's corporate payments arm, which markets its services to e-commerce platforms on a white-label basis.

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Marketing Payments 81

BankInovation

MAY 2, 2024

ING Bank is improving its digital capabilities and offerings as it posted growing mobile banking adoption in the first quarter. The bank is prioritizing delivering “a superior customized digital experience that is personal, easy, relevant and instant,” Chief Executive Steven van Rijswijk said during the digital bank’s first-quarter earnings call today.

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Digital Banking Mobile Report Retail 72

American Banker

MAY 2, 2024

What's the point of regulatory capital rules that ignore demonstrated problems, like unrealized losses? We need to rethink what banks' disclose to investors and regulators.

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Capital Regulation Compliance 78

Advertiser: ZoomInfo

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.

Analysis

The Paypers

MAY 2, 2024

Juniper Research has published a new study showing that instant payment transactions are set to surpass USD 58 trillion globally by 2028, competing with card payments.

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Payments Study Cards 50

American Banker

MAY 2, 2024

Nearly 15 years ago, Les Lieberman and other organizers of Porticoes Capital used a shelf charter to buy a spate of failed banks. Now they're hoping to replay the strategy.

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Strategy Capital Industry Lending 70

The Paypers

MAY 2, 2024

Global full-cycle verification platform Sumsub has partnered with Travel Rule compliance solution CODE.

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Compliance 45

The Financial Brand

MAY 2, 2024

This article Hoodies and Suits: Can Banks and Fintechs Learn to Speak the Same Language? appeared first on The Financial Brand. A good book title would be 'Fintechs are from Silicon Valley, Banks are from South Dakota.' But how can both sides write a happier next chapter? This article Hoodies and Suits: Can Banks and Fintechs Learn to Speak the Same Language?

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South Dakota Fintech Branding Banking Trends 39

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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.

Lending

The Paypers

MAY 2, 2024

Liquid Noble has partnered with iDenfy in order to leverage its KYC solution and stop digital asset fraud in line with the latest compliance regulations.

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Compliance Fraud Regulation 45

American Banker

MAY 2, 2024

Banks maintain lists of consulting firms that they trust to help troubled commercial borrowers to fix their businesses. These specialists say they're getting more calls, especially in areas such as multifamily and CRE, from business owners who need help.

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Community Bank Lending Community 36

The Paypers

MAY 2, 2024

Outpayce , the venture launched in 2023 to revolutionise Amadeus ’ travel payments sector, has obtained an e-money institution (EMI) licence from the Bank of Spain.

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Regulation Security Payments 41

American Banker

MAY 2, 2024

Toronto-Dominion failed to submit suspicious-transaction reports in cases where it was reasonable to suspect the transfers were tied to money laundering or terrorist financing, along with other violations, according to the Financial Transactions and Reports Analysis Centre of Canada.

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Analysis Report Compliance Regulation 36

Advertiser: ZoomInfo

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

Capital

The Paypers

MAY 2, 2024

Viva.com has announced its partnership with Satispay in order to grow the alternative payment options for merchants in Italy, France, and Luxembourg.

Payments 41

Payments 41

American Banker

MAY 2, 2024

The embedded banking services Amazon offers to third-party sellers come from the hidden hand of JPMorgan Chase's corporate payments arm, which markets its services to e-commerce platforms on a white-label basis.

Marketing 36

Marketing Payments 36

The Paypers

MAY 2, 2024

Tide has announced its partnership with Adyen in order to launch business accounts for small and medium-sized businesses in the region of Germany.

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Regional 37

The Financial Brand

MAY 2, 2024

This article April Banking People Moves: Who Stayed, Left and Got Promoted appeared first on The Financial Brand. Citi nabbed executives from Merrill Lynch and Blackrock, two CFOs were fired for nefarious reasons, Verve Credit Union recruited a KeyBank veteran and more. This article April Banking People Moves: Who Stayed, Left and Got Promoted appeared first on The Financial Brand.

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Branding National 17

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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

MAY 2, 2024

Airwallex has formed a partnership with BILL , a financial operations provider, to optimise its payment offerings for SMBs by integrating Airwallex’s local transfer capabilities.

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Payments Operations 36

The Paypers

MAY 2, 2024

The PCI Security Standards Council (SSC) has announced plans to extend its operations to the Middle East, aiming to tackle the growing threat of payment card fraud in the region.

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Fraud Security Payments Regional 36

The Paypers

MAY 2, 2024

Research conducted by data and analytics company GlobalData has revealed that Saudi Arabia’s card payments market is on the rise.

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Cards Marketing Payments Analytics 36

The Paypers

MAY 2, 2024

US-based financial services provider Atomic has announced a reseller partnership with Lumin Digital , a cloud-native digital banking solution.

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Digital Banking US 36

Advertiser: ZoomInfo

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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