Wed.Dec 18, 2024

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Why Banks Should Anticipate a Return of the ‘Roaring ’20s’

The Financial Brand

This article Why Banks Should Anticipate a Return of the ‘Roaring ’20s’ appeared first on The Financial Brand. Did you think the Fed had defeated inflation? Think again. Economic conditions could drive a booming economy. What would that mean for your bank? This article Why Banks Should Anticipate a Return of the ‘Roaring ’20s’ appeared first on The Financial Brand.

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CFPB swats at retail credit cards

Payments Dive

The federal agency warned companies issuing credit cards about illegal tactics, specifically calling out promotions that turn into “bait-and-switch” offers.

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It's time to reprioritize safety in banking as a service

American Banker

We've seen what can happen when BaaS providers fail to adequately protect consumers. Across the industry, we need to institutionalize the principles of safe banking, both inside and outside of traditional banks.

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Canada announces Open Banking framework

The Paypers

The Department of Finance Canada has released a comprehensive framework for consumer-driven banking, also known as Open Banking or consumer-directed finance, in the 2024 Fall Economic Statement.

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Fall In Love With the Month-End Close

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.

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SouthState's $2B bank deal, the year's largest, clears key hurdles

American Banker

The Federal Reserve and OCC approved the company's plan to buy Independent Bank Group in Texas, putting the deal on track to close early next year as expected. In an atmosphere of M&A delays for banks, the deal is on a relatively smooth path.

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More Trending

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Big banks push global B2B payments

American Banker

Morgan Stanley and ABN Amro tapped fintechs to improve cross-border transactions. That and a U.K. card fee cap highlight this week's roundup of payments news.

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Broadridge and CCRI launch MiCA compliance platform

The Paypers

Broadridge Financial Solutions has partnered with the CCRI , to create an integrated platform aimed at helping European financial firms meet new sustainability reporting requirements under the MiCA regulations.

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FDIC considers lawsuit against ex-SVB executives

American Banker

The Federal Deposit Insurance Corp. is considering suing former Silicon Valley Bank executives over risk management decisions, imprudent dividends, and billions in losses that fueled a banking crisis in 2023.

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Crypto.com partners with ALL to advance loyalty point conversion

The Paypers

Crypto.com has announced a collaboration with ALL, the loyalty programme and booking platform of Accor, to facilitate the conversion of cryptocurrency into loyalty points.

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5 Ways You Can Win Faster with Gen AI in Sales

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.

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Podcast: Making the feeling ‘mutual’ for a new generation of bank customers

ABA Community Banking

Seventy-eight years ago, George Bailey memorably explained the operation of a mutual savings and loan to a national audience inIt's a Wonderful Life. But while today's bankers understand mutuality, do today's potential clients? The post Podcast: Making the feeling ‘mutual’ for a new generation of bank customers appeared first on ABA Banking Journal.

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Revolut Pay expands to enhance crypto fraud protection

The Paypers

Revolut plans to extend its Revolut Pay security platform to crypto transactions in 2025, enhancing fraud protection for its customers.

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Blue Chip Companies Are Ditching ESG Terms From Their Loans

American Banker

Companies are dropping sustainability-linked loans as they face a tougher regulatory environment.

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ZBD secures approval for MiCA licence from Dutch regulator

The Paypers

Payment platform enabled by the Bitcoin Lightning network ZBD has announced that the Dutch Authority for the Financial Markets (AFM) approved its application for the EU MiCA licence.

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The Role of Automation in Commercial Lending

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.

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20 states with the highest rates of unbanked residents

American Banker

When combined, the top five states have roughly 23.9 million households classified as unbanked according to the Federal Deposit Insurance Corp.

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Bybit to stop crypto services for French users by January 2025

The Paypers

Bybit , a global crypto exchange, has announced that it will discontinue withdrawal and custody services for French users starting January 8th, 2025.

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The Best of American Banker Magazine for 2024

American Banker

This year, American Banker reporters dove deep into topics such as gambling addiction, Citigroup's rebuild, the Small Business Administration, fraud, and monetary policy for its feature articles. Check out the most consequential articles of the year.

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Tether invests in StablR to foster stablecoin adoption across Europe

The Paypers

Tether , a worldwide digital asset company, has invested StablR , a European stablecoin provider focused on fostering adoption in the region.

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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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Wishing You Joy and Cheer This Time of Year!

Image Works Direct

To our nearest and deerest, thank you for trusting us with your marketing needs! Bringing to life your visions is our greatest joy, and we cant wait to continue creating amazing things for you in the new year.

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Triple-A and Rezo Money partner to enable crypto-based mobile recharges globally

The Paypers

Triple-A has announced its partnership with Rezo Money in order to enable crypto-based mobile recharges for customers and clients around the world.

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OCC issues another 'comprehensive' order against USAA

American Banker

The Office of the Comptroller of the Currency issued a "comprehensive" cease-and-desist order against the beleaguered bank blocking new product offerings or expanding membership because of compliance and risk management issues.

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Raisin partners with Salt Edge to improve Open Banking compliance

The Paypers

Raisin UK , a platform for savings and investments, has partnered with Open Banking provider Salt Edge to optimise compliance with UK regulations.

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Outsource With Confidence for RDC Program Success

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.

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The Great Banking Divide: Why Only 10% of Banks May Survive AI

The Financial Brand

This article The Great Banking Divide: Why Only 10% of Banks May Survive AI appeared first on The Financial Brand. Global fintech experts discuss how AI readiness, changing consumer behaviors and technical agility will determine which banks will survive in an increasingly autonomous financial future. This article The Great Banking Divide: Why Only 10% of Banks May Survive AI appeared first on The Financial Brand.

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Ethiopia passes law to Open Banking to foreign competition

The Paypers

Ethiopia's parliament has passed a legislation that allows foreign banks to operate in Africa, as part of its efforts to attract more overseas investment.

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The Great Banking Divide: Why Only 10% of Banks May Survive AI

The Financial Brand

This article The Great Banking Divide: Why Only 10% of Banks May Survive AI appeared first on The Financial Brand. Global fintech experts discuss how AI readiness, changing consumer behaviors and technical agility will determine which banks will survive in an increasingly autonomous financial future. This article The Great Banking Divide: Why Only 10% of Banks May Survive AI appeared first on The Financial Brand.

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Mastercard partners with Dgpays to improve its services in EEMEA

The Paypers

Mastercard has partnered with Dgpays , a fintech provider, to offer access to secure and convenient digital payment solutions to businesses and individuals across Eastern Europe, the Middle East, and Africa.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

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.