Payments Dive

JUNE 27, 2024

Spending by travelers and tourists is often done in cash or by debit card, even if most travelers would prefer to pay another way.

Cards 390

Cards 390

Accenture

JUNE 27, 2024

Ella Fitzgerald was one of the first, in the ‘30s, to have a hit with the song ‘Ain’t What You Do, It’s the Way That You Do It’. The fact that legions of musicians have and continue to record it tells me there’s a universal truth there that most people recognize. This is certainly the… The post Five key success factors for commercial banks to scale generative AI appeared first on Accenture Banking Blog.

Banking Trends 309

Banking Trends Trends 309

Payments Dive

JUNE 27, 2024

Abra agreed to repay customers some $82 million in crypto. CEO Bill Barhydt said all but $2 million, yet to be claimed, has been repaid.

Operations 221

Operations 221

Abrigo

JUNE 27, 2024

How does your AML program detect structured cash transactions? Read this blog to learn the definition of structuring, why it is illegal, and some examples of structuring scenarios that can help banks understand customer behavior and intent. Would you like other articles like this in your inbox? Takeaway 1 When reviewing customer activity for instances of structuring, it is important to look for patterns in behavior as well as an intent to structure.

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Examples Fraud Report Training 221

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Groups

Payments Dive

JUNE 27, 2024

Community banks partnered with Alloy Labs and Payrailz a few years ago on a project called Chuck, in a bid to rival Zelle, but that effort has been subsumed by a stealthy successor.

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Community Bank Community 221

The Paypers

JUNE 27, 2024

The Algorand Foundation, Archax , abrdn , and Quantoz Payments have announced the launch of the first tokenised money market fund on Algorand.

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Marketing Payments 95

American Banker

JUNE 27, 2024

Leaders that have created virtual "branches" weighed in at American Banker's Digital Banking conference on how to approach implementation and what results have been like.

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Conference Digital Banking How To Customer Experience 87

TheGuardian

JUNE 27, 2024

Green light for merger comes with conditions including ban on closure of Queensland branches for three years Follow our Australia news live blog for latest updates Get our morning and afternoon news emails , free app or daily news podcast ANZ’s hoped-for acquisition of the insurer Suncorp’s banking arm is back on track after the federal treasurer signed off on the deal.

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American Banker

JUNE 27, 2024

The Consumer Federation of America and Consumer Reports sent a letter to the Consumer Financial Protection Bureau urging it to require banks to search for less discriminatory models. Later the same day, the CFPB issued a report saying it's doing just that.

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Software Groups Lending America 70

Advertiser: ZoomInfo

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Analysis

BankInovation

JUNE 27, 2024

The financial services industry has worked for years to create frictionless payments. Now it may be necessary to add friction back into the mix to combat fraud.

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Fraud Payments Industry 61

American Banker

JUNE 27, 2024

The cryptocurrency sector is only the latest in a long line of corporate interests seeking to distort our democracy by converting their financial power into political power.

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Policies Industry cryptocurrency Compliance 66

BankInovation

JUNE 27, 2024

London-based B2B core banking platform XYB named Derek Joyce as its chief executive on May 30. Joyce previously worked at American Express, Klarna, Bread and Alloy and brings 20 years of experience to XYB, according to a company release.

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Company Capital 61

Realwired Appraisal Management Blog

JUNE 27, 2024

I’m not interested in yesterday. It’s done. The biggest enemy to the valuation industry is protecting the status quo. Our valuation industry is at a crossroads. I mean today. The shift has started. Do we continue to hold on to the past or look forward? Accountants are no longer just number-crunchers. They’re strategic advisors.

Industry 59

Industry 59

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BankInovation

JUNE 27, 2024

Evolve Bank & Trust confirmed it was the victim of a cyber attack and that customer data had been posted on the dark web, less than two weeks after the Arkansas-based lender was ordered by regulators to improve its risk management and get approval before entering into any new partnerships. The Russian-linked hacker group LockBit 3.

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Arkansas Data Risk Management Regulation 57

American Banker

JUNE 27, 2024

But economists seem to differ on what the latest movement in mortgage rates means for the summer home sales business.

Trends 52

Trends 52

The Paypers

JUNE 27, 2024

US-based Frost Bank has announced its partnership with Finzly in order to provide FedNow and RTP instant payments to its business clients and customers.

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US Payments 45

American Banker

JUNE 27, 2024

A landmark ruling by the Supreme Court's conservative majority means that defendants will have the right to a jury trial in cases where bank regulators are seeking civil penalties. The consequences for federal banking agencies are expected to be substantial.

Regulation 48

Regulation Compliance 48

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The Paypers

JUNE 27, 2024

Payment orchestration provider BR-DGE has announced its partnership with Trustly in order to optimise Open Banking connectivity for its customers.

Payments 41

Payments 41

American Banker

JUNE 27, 2024

When TD Bank launched an audio brand identity across its communication channels early this year, the new jingle triggered a surprising reaction from consumers using the firm's ATMs.

ATM 44

ATM Branding Marketing Payments 44

The Paypers

JUNE 27, 2024

Estonia-based core banking provider Tuum has announced that it expanded its ongoing collaboration with Amazon Web Services (AWS).

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41

Commercial Lending USA

JUNE 27, 2024

Need help with DSCR loan rates for commercial real estate? Get answers & know the best rates with solid cash flow & expert guidance.

How To 40

How To Lending 40

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Operations

The Paypers

JUNE 27, 2024

Mexico-based fintech Ximple has raised USD 2.7 million which it plans to use to launch and expand its credit platform.

Fintech 41

Fintech 41

American Banker

JUNE 27, 2024

Large and regional banks again proved their resiliency in the Fed's annual exams. But analysts noted that a few lenders faced some negative surprises — a development that may scuttle investor hopes for share buybacks by those banks.

Regional 36

Regional Cards Compliance Lending 36

The Paypers

JUNE 27, 2024

A report by Acuiti has shown that investment in cryptocurrency trading surveillance systems is poised to grow under the European Union’s Markets in Crypto Assets Regulation (MiCA).

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Report cryptocurrency Regulation System 41

American Banker

JUNE 27, 2024

VersaBank plans to use the one-branch Stearns Bank Holdingford in Minnesota as a platform to expand a lucrative niche business acquiring loan and lease receivables from point-of-sale lenders.

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Minnesota Community Bank Community Retail 31

Advertiser: ZoomInfo

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