Payments Dive

OCTOBER 4, 2024

The payments processor is only the second company to win the special bank charter since Georgia made it available.

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Georgia Payments Company 511

Accenture

OCTOBER 4, 2024

In our discussions with banking executives, a common theme is how the lending market is changing and constantly giving rise to threats and opportunities, as covered in our Commercial Banking Top Trends for 2024. Confronting these changes is essential, but it also requires banks to be willing to reinvent to stay ahead. Previously, we touched… The post Reinvent lending offerings and business models to stay ahead appeared first on Accenture Banking Blog.

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Payments Dive

OCTOBER 4, 2024

The deal, expected to close in November, is a push by the online lender to pursue profitability by simplifying its business and focusing on its core products.

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Cards Online 195

ATM Marketplace

OCTOBER 4, 2024

A panel at the Bank Customer Experience Summit held in Charlotte, North Carolina from Sept. 9 to 11 did a deep dive into ideas and innovation for retail banking.

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North Carolina Retail Charlotte Customer Experience 111

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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.

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TheGuardian

OCTOBER 4, 2024

Bank-owned ATM numbers are down almost 60%, with many spots now taken by privately-owned machines charging about $3 per withdrawal Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast It is getting increasingly difficult to find an ATM and harder still to find one that doesn’t charge fees, prompting warnings that the push toward a cashless society is neither equitable nor wise.

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American Banker

OCTOBER 4, 2024

Despite strong growth and solid profits, the Miami-based lender, formerly a business development company, still hasn't convinced the market it fits in as a bank.

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Miami Marketing Company 78

The Paypers

OCTOBER 4, 2024

AI-powered AML compliance solutions provider Flagright has announced that SEBES Technology , a fintech company offering payment solutions, became its latest customer.

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Technology Compliance Fintech Payments 69

American Banker

OCTOBER 4, 2024

Challenger bank Revolut calls for Meta's scam info program to reimburse victims; Sunwest Bank taps Umpqua's Mike McKean to lead treasury and payments; Fifth Third launches a new line of business; and more in this weeks banking news roundup.

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Payments social media Industry Management 69

Bussman Advisory

OCTOBER 4, 2024

This week’s must-know stories in the FinTech, AI and Digital Asset space. The latest edition of the FinTech Ecosystem Newsletter is here: Image Credit: shutterstock.com The post Blackstone plans $13B AI data centre in UK | Apple taps 34M developers for AI edge | Visa launches platform for banks to issue fiat-backed tokens appeared first on Bussmann Advisory AG.

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Apple Data Fintech 52

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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

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American Banker

OCTOBER 4, 2024

Regulators have never held a hearing on whether to revoke the charter of a bank convicted of a money-laundering-related violation. As TD Bank nears a "global resolution" in connection with its compliance failures, it's unlikely to buck the trend.

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Regulation Compliance Trends Policies 74

The Paypers

OCTOBER 4, 2024

UK-based fintech Revolut has urged Meta to share responsibility for reimbursing users who fall victim to fraudulent activities.

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Fraud Fintech 68

American Banker

OCTOBER 4, 2024

The Bureau of Labor Statistics has been so underfunded, for so long, that it has been forced to propose cuts to the vital Current Population Survey, which tracks the unemployment rate. Congress cannot allow that to happen.

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Survey Data Policies Compliance 64

The Paypers

OCTOBER 4, 2024

HSBC has announced its decision to abandon its stake in fintech Monese , as the financial institution has conceded a significant loss by writing off its investment.

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Fintech 45

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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.

Lending

American Banker

OCTOBER 4, 2024

Banks are trying to get a grasp of the Consumer Financial Protection Bureau's financial data rights plan, from preparing for an influx of data requests from fintechs to meeting ongoing compliance.

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Compliance Meeting Fintech Data 45

The Paypers

OCTOBER 4, 2024

Erste Group has announced its partnership with Open Banking solutions provider Salt Edge in order to bring advanced and secure multi-banking services to the CEE region.

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Groups Regional Security 41

American Banker

OCTOBER 4, 2024

Honolulu-based Territorial Bancorp is delaying the approval vote by about four weeks in order to continue discussions with its shareholders. A group that includes a former Bank of Hawaii CEO is trying to scuttle the $78 million deal with Los Angeles-based Hope Bancorp.

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Hawaii Los Angeles Honolulu Groups 41

Image Works Direct

OCTOBER 4, 2024

No, this is not a sports recap of the Mid-American Conference! This is the Marketing Association of Credit Unions (MAC) Conference set in Hollywood, California. The three-day event created by credit union marketers for credit union marketers featured more than 75 credit unions from across the U.S. and included 16 keynote speakers.

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Conference California Marketing 36

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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.

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American Banker

OCTOBER 4, 2024

The Swedish buy now/pay later lender has partnered with Adyen and Apple as it builds a merchant network ahead of its U.S. IPO.

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Apple Payments 53

The Paypers

OCTOBER 4, 2024

UK-based fintech Sonovate has announced that it entered into a strategic agreement with Alloy to implement the latter’s identity risk solution to mitigate fraud while its operations expand.

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Fraud Fintech Operations 36

American Banker

OCTOBER 4, 2024

The technology, which turns large language models into autonomous agents, could be a game changer for banks.

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Technology 48

The Paypers

OCTOBER 4, 2024

FedNow has announced that it will expedite Federal Emergency Management Agency (FEMA) payments and transactions for Helene hurricane survivors.

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Payments Management 41

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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.

Lending

American Banker

OCTOBER 4, 2024

The Federal Reserve and the Consumer Financial Protection Bureau moderately increased the minimum prices at which the Truth in Lending Act applies to loans and leases.

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Lending Policies Compliance Regulation 36

The Paypers

OCTOBER 4, 2024

Zum Rails has partnered with Fiserv to offer US businesses a single platform for Open Banking and instant payments, enabling transactions and embedded financial services.

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US Payments 36

American Banker

OCTOBER 4, 2024

The proposed FDIC guidelines would impose stricter governance and risk management standards on banks with over $10 billion in assets, drawing concern over potential regulatory overreach and conflicts with state laws.

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FDIC Guidelines Risk Management Management 45

The Paypers

OCTOBER 4, 2024

Maybank has announced its partnership with the Bank of Hangzhou to enhance cross-border financing, advancing artificial intelligence (AI), and digital innovation.

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Innovation 36

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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.

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