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 376

Cards 376

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 222

Banking Trends Trends 222

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.

Marketing 92

Marketing Payments 92

Speaker: Gary Dmitriev

Automation promises increased efficiency and reduced costs, but how do you sift through the hype to find the right solution for your organization? Our upcoming webinar aims to demystify the process of selecting and implementing automation tools. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals.

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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 195

Operations 195

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 62

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

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.

Fraud 62

Fraud Payments Industry 62

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.

Policies 57

Policies Industry cryptocurrency Compliance 57

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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

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.

Software 73

Software Groups Lending America 73

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

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

India-based ecommerce company Flipkart has launched its payment app, Super.money, in a bid to broaden its fintech capabilities and enable users to make mobile payments via UPI.

Fintech 41

Fintech Mobile Payments Company 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 43

ATM Branding Marketing Payments 43

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).

Report 41

Report cryptocurrency Regulation System 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

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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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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.

US 45

US Payments 45

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

The Paypers

JUNE 27, 2024

AI-enabled risk decisioning software provider Provenir has announced the launch of a new onboarding fraud solution that aims to safeguard customers from fraudsters.

Fraud 41

Fraud Software 41

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 41

Trends 41

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The Paypers

JUNE 27, 2024

Brazil-based financial services platform Nubank has announced that it acquired Hyperplane , a data intelligence startup that creates foundation models for banks.

Data 41

Data 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.

Minnesota 28

Minnesota Community Bank Community Retail 28

The Paypers

JUNE 27, 2024

Payments platform Ecommpay has announced its partnership with BigCommerce in order to offer an optimised payment ecosystem built for conversion and growth.

Payments 41

Payments 41

South State Correspondent

JUNE 27, 2024

Because of the option to add or remove deposit balances over time, deposit management is one of the more complicated endeavors in banking. Lending, by comparison, is largely a one dimensional supply vs. demand problem. Building better deposit performance is more complicated. Add a three month CD option for your customers and the duration of your money market accounts can noticeably get reduced.

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How To Metro Marketing America 195

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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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