Payments Dive

JULY 22, 2024

Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company’s update snafu.

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TheGuardian

JULY 22, 2024

Borrowers say Whistletree charged inflated interest rates when it took on their debt after lender’s collapse A group of Northern Rock customers who claim they became “mortgage prisoners” after the lender’s collapse are to go to court on Tuesday to try to get compensation from the bank that bought their loans. About 2,500 borrowers whose home loans were sold to TSB’s subsidiary Whistletree are involved in a case over what they say are inflated interest rates on their debt.

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Groups 108

Payments Dive

JULY 22, 2024

Embracing secondary-credit offers enables retailers to offer credit to customers who have less-than-perfect credit, otherwise known as nonprime consumers.

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Retail Meeting 370

American Banker

JULY 22, 2024

Arrested four times for blocking the entrance to Citigroup, a veteran climate protester wonders why more rank-and-file bankers don't make common cause with activists trying to prevent the funding of fossil fuel development.

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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

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BankInovation

JULY 22, 2024

CrowdStrike continues to manage the fallout from its IT outage July 19 as it works on remediation plans with the banks, airlines and stock exchanges that were brought to a halt by the tech meltdown.

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How To Software Security Management 72

BankInovation

JULY 22, 2024

Truist’s investment in digital capabilities helped the bank keep up with growing client demand for mobile and digital channels in the second quarter. “We continue to show strong and steady growth in our digital capabilities as client mobile app users grew,” Chief Executive Bill Rogers said during the bank’s Q2 earnings call today.

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Mobile Retail 66

American Banker

JULY 22, 2024

Second-quarter profits at the North Carolina bank declined 33% from the same period a year ago following $6.7 billion of securities losses.

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North Carolina Security 81

The Paypers

JULY 22, 2024

The US Federal Reserve has recently announced that it fined US-based fintech Green Dot a staggering USD 44 million for several ‘unfair and deceptive practices’, as well as deficient risk management.

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Risk Management US Fintech Management 41

American Banker

JULY 22, 2024

Nine international fintech companies are participating in the credit card network's accelerator program.

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Fintech Cards Company Payments 67

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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.

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The Paypers

JULY 22, 2024

The Consumer Financial Protection Bureau (CFPB) has suggested an interpretive rule to ensure that lenders’ legal obligations to disclose the costs of paycheck advance products are met.

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American Banker

JULY 22, 2024

While the company is still analyzing the error that caused many Windows systems to crash, it said a logic error in a channel file was the cause. Here's what that means.

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System Company Cyber Security Security 48

The Paypers

JULY 22, 2024

BBVA has selected Telefónica Tech to enhance its global cybersecurity measures by integrating advanced artificial intelligence and process automation technologies.

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Technology 41

American Banker

JULY 22, 2024

Federal banking agencies asked the Fifth Circuit to lift an injunction on new community lending regulations, arguing that the court misinterpreted the scope of the Community Reinvestment Act's reach.

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Community Lending Regulation Compliance 45

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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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The Paypers

JULY 22, 2024

Fintech company myZoi has announced the launch of an inclusive digital wallet, following a USD 14 million capital infusion and the receival of two regulatory licences in the UAE.

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Capital Fintech Company 36

American Banker

JULY 22, 2024

In this edition of American Banker's news quiz, test yourself on the latest items covering FedNow's progress since launch, the merger between Capital One Financial and Discover Financial Services and more.

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Capital Industry Technology 41

The Paypers

JULY 22, 2024

Estonia-based identity verification provider Veriff has augmented its Biometric Authentication solution to prevent account takeover fraud.

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Fraud 41

American Banker

JULY 22, 2024

Bank OZK is the latest commercial real estate-heavy bank to announce plans to diversify its business. CEO George Gleason emphasized that he's confident in the bank's loan portfolio, but said he thinks misperceptions are dragging down the stock price.

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Arkansas Risk Management Lending Management 41

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A good, fast, clean audit leads to a happy work life. Join us in this one-hour webinar, where we share the best ways to prepare and conduct your audit process to maximize audit satisfaction and minimize administrative time in month-end close and financial reporting. Learning objectives: This course objective is to review leading practices to maximize audit success.

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The Paypers

JULY 22, 2024

Egypt-based fintech ecosystem MNT-Halan has announced that it secured USD 157.7 million in funding to advance its geographical expansion.

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Security Fintech 41

American Banker

JULY 22, 2024

With the government contract for Direct Express, Bank of New York would gain a free liquidity source of more than $3 billion in deposits a month and expand its burgeoning offerings to the underbanked.

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New York Policies Compliance Regulation 36

The Paypers

JULY 22, 2024

Hong Kong-based payment solutions provider BBMSL has partnered with PayMe by HSBC allow the former’s merchants to offer PayMe as a payment option to customers.

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Payments 36

The Financial Brand

JULY 22, 2024

This article Are Co-Branded Credit Cards the Key to Attracting Card Revenue? appeared first on The Financial Brand. Co-branded cards is the new untapped potential in consumer credit. New study reveals surprising trends in adoption, usage and demographic preferences. This article Are Co-Branded Credit Cards the Key to Attracting Card Revenue? appeared first on The Financial Brand.

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Branding Cards Study Trends 32

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Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se

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The Paypers

JULY 22, 2024

Video game commerce company Xsolla has acquired digital solutions provider LF.Group to augment how game developers connect with audiences and manage transactions.

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Video Management Company 36

The Financial Brand

JULY 22, 2024

This article FICO Inflation, C-suite Shake-ups, and Other Earnings Call Takeaways from BofA, Wells, Citi, U.S. Bank appeared first on The Financial Brand. Bank stock analysts zero in on specific issues beyond top-line earnings at four major banks. This article FICO Inflation, C-suite Shake-ups, and Other Earnings Call Takeaways from BofA, Wells, Citi, U.S.

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Branding Banking Trends America Trends 32

The Paypers

JULY 22, 2024

UK-based embedded payments provider Modulr ’s customer onboarding ban, imposed by the FCA in October 2024, has been lifted.

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Payments 41

The Financial Brand

JULY 22, 2024

This article The Future of Lending Is Up To the Innovators Who Personalize appeared first on The Financial Brand. Laurel Road and LoanPro leaders discuss personalized lending, infrastructure modernization and the future of financial services. This article The Future of Lending Is Up To the Innovators Who Personalize appeared first on The Financial Brand.

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Lending Innovation Branding 30

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Discover the key benefits of portfolio loans and learn how to streamline your lending process with our infographic, "5 Things Lenders Need to Know About Portfolio Loans & Their Documentation." Find out how portfolio loans can maximize borrower potential by consolidating multiple properties under a single loan, reducing paperwork, and lowering closing costs.

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