TheGuardian

MAY 1, 2024

The pandemic accelerated the shift away from notes and coins. But China and others are realising that transition has a price One of the idiosyncrasies of China’s huge appetite for luxury goods has been the high sales of man bags – a niche item in the west. Their popularity initially reflected not just the fondness of the newly rich for conspicuous consumption, but also the practical need to carry large wodges of banknotes in a country that hadn’t truly embraced credit cards.

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Survey Cards Marketing Technology 102

Payments Dive

MAY 1, 2024

The company’s move to decouple embedded financial services from payment processing means it’s ready to pursue larger customers, analysts said.

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South State Correspondent

MAY 1, 2024

For inspiration in banking innovation, we often look to other industries. Honkook Kim and his Gentle Monster Brand is a perfect example. With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million.

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Payments Dive

MAY 1, 2024

“Real-time payments are still in their infancy in the U.S., accounting for only a 1.5% share of the total payments volume in 2023,” ACI Worldwide said.

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Report US Payments 418

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Jack Henry

MAY 1, 2024

Funding broker clients is challenging. Working around common obstacles – everything from error-prone manual processes to communications breakdowns – can significantly impact efficiency, which in turn significantly impacts profitability. That’s where automation comes in.

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Operations 88

The Paypers

MAY 1, 2024

The National Bank of Iraq has gone live with Temenos core banking and payments, aiming to develop new products faster and optimise the customer experience.

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National Customer Experience Payments 92

Payments Dive

MAY 1, 2024

The giant digital retailer has created a new payment flow connected to groceries.

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Retail Payments 195

BankInovation

MAY 1, 2024

Tech giants across the board are looking to monetize AI as they continue to pour funds into developing technology and cloud services. “We have clear paths to AI monetization through ads and cloud, as well as subscriptions,” Chief Executive Sundar Pichai said during Google’s April 25 earnings call.

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Technology Google 77

American Banker

MAY 1, 2024

Texas Dow Employees Credit Union has agreed to acquire Sabine State Bank and Trust in Louisiana to raise its profile in the oil-and-gas industry. The deal coincides with record levels of U.S. drilling this year.

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Houston Louisiana Texas Lending 83

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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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BankInovation

MAY 1, 2024

EverBank has selected payment and financial solutions provider Finzly to update its payment processing system, according to an April 18 release. The $34.6 billion, Jacksonville, Fla.

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Jacksonville System Payments Operations 72

American Banker

MAY 1, 2024

The embattled Long Island bank unveiled a turnaround plan that involves selling non-core assets and diversifying its commercial loan book. But first, it will need to sort through credit-related challenges in its large commercial real estate portfolio.

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Strategy Lending 81

The Paypers

MAY 1, 2024

Mashreq Egypt and Visa have partnered to unveil the Mashreq NEO Visa Card, heralding a transformative era of banking convenience in Egypt.

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Cards 78

American Banker

MAY 1, 2024

The Consumer Financial Protection Bureau is considering new rules covering the collection and sale of some consumer data. If it's not careful, the agency could be inadvertently assisting identity thieves.

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Fraud Data Compliance Regulation 77

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The Paypers

MAY 1, 2024

US-based dining and retail technology platform Quickcharge has implemented Amazon ’s Just Walk Out technology for frictionless dining at hospitals.

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Technology Retail US 48

American Banker

MAY 1, 2024

During this week's Federal Open Market Committee meeting, officials voted to lower the cap on the amount of Treasury securities that can roll off the central bank's books each month from $60 billion to $25 billion.

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Meeting Security Marketing Policies 79

The Paypers

MAY 1, 2024

Fintech Australia has signed a Memorandum of Understanding (MoU) with the Thai Fintech Association to partner and foster fintech capability between the two regions.

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Fintech Regional 41

American Banker

MAY 1, 2024

Fifteen banks have failed since 2017, with the most recent one collapsing on April 26, 2024.

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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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The Paypers

MAY 1, 2024

Worldcoin , a company that verified identities using iris scanning, has been discussing a potential collaboration with OpenAI to deliver additional AI solutions.

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Company 41

American Banker

MAY 1, 2024

Bolstered by healthy first-quarter global card-spending trends, Mastercard is focusing on opportunities outside the U.S., including a unique card-processing arrangement beginning this month in China.

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Trends Cards Payments 41

The Paypers

MAY 1, 2024

Global blockchain-enabled B2B payments provider Paystand has announced the acquisition of Teampay for the development of the B2B payment landscape.

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blockchain Payments 41

American Banker

MAY 1, 2024

CRE CLO issuance surged to $45 billion in 2021, a 137% increase from two years earlier, when buyers of apartment blocks sought to profit from the wave of workers moving to the Sun Belt from big cities.

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Industry 36

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Image Works Direct

MAY 1, 2024

Are you a newsletter client? If so, did you know you have access to our article library, free of charge? That’s right, with hundreds of articles at your disposal – over 600 and counting – you have access to content ranging from the latest trends and scams to timeless topics and educational resources.

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Resources Trends 36

American Banker

MAY 1, 2024

Top Federal Home Loan bank officials said they fear the Federal Housing Finance Agency will use supervision to further the goals of last year's report recommending reforms to the Home Loan Bank System.

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The Paypers

MAY 1, 2024

US-based credit management platform Nuvo has partnered with Equifax to enhance credit management for B2B sellers, using data-driven insights for faster, informed decisions.

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US Management Data 36

American Banker

MAY 1, 2024

The Bank of England set a date of March 2025 for local banks to establish operational resilience plans, Ant Group is using artificial intelligence to aid shopping, and more.

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Groups Operations Compliance Regulation 36

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