Payments Dive
NOVEMBER 20, 2024
"Nonprofits and charities need every penny they can get to make effective change in times of crisis, yet big banks and credit card companies continue to take their cut," writes one policy analyst.
South State Correspondent
NOVEMBER 20, 2024
Bankers love easy. Who doesn’t want an easy way to have a more profitable bank? We also love to keep things simple. It is a common refrain. Compounding the problem is that in banking, we often think that “simple” and “easy” as synonymous. In this article, we will touch on innovation, technology and banking strategy to show why banks tends to overemphasize ease, familiarity and convenience instead doing the difficult task upfront that will ultimately keep things simple.
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Payments Dive
NOVEMBER 20, 2024
After a year as CEO of the digital payments pioneer, Alex Chriss is spearheading an expanded role in commerce for the company.
ATM Marketplace
NOVEMBER 20, 2024
Where does biometric identification stand today in self-service solutions? This is a topic a panel at the Self-Service Innovation Summit will cover in detail.
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Payments Dive
NOVEMBER 20, 2024
The fintech couches its “cash out” product as earned wage access, but it’s a loan that, at times, carries 300% interest with a poorly disclosed fee for “instant” payouts, the AG said.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
The Paypers
NOVEMBER 20, 2024
Goldman Sachs has revealed its intention to detach its fully owned technology platform, GS DAP, from its Digital Assets division.
American Banker
NOVEMBER 20, 2024
Banks solved the issue of consumer data sharing years ago. Why is the Consumer Financial Protection Bureau stepping in now, with a rule that could make sharing data less safe and secure?
The Paypers
NOVEMBER 20, 2024
Stablecoin issuer Tether has announced its investment to further assist Quantoz Payments in the introduction of EURQ and USDQ, EUR and USD-referenced E-Money Tokens (EMTs) developed to be compliant with MiCAR requirements.
American Banker
NOVEMBER 20, 2024
The payment company is using its Xoom transfer app to bring PYUSD to a broader market; while Barclays is reportedly in talks with Brookfield Asset Management to sell a portion of its payments business. That and more in our global payments news roundup.
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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.
ABA Community Banking
NOVEMBER 20, 2024
Caring about people is the essence of relationship banking, and it’s one of the things that, in my opinion, makes this a noble profession. The post Chair’s View: Core values in an ever-changing world appeared first on ABA Banking Journal.
American Banker
NOVEMBER 20, 2024
A new chief risk officer was among the appointments announced Wednesday, as CEO Michael Rhodes began to put his imprint on Ally.
The Paypers
NOVEMBER 20, 2024
The BCB has selected Banco Inter , Microsoft Brazil , 7COMm, and Chainlink to develop a trade finance solution as part of the second phase of the DREX digital currency pilot.
ABA Community Banking
NOVEMBER 20, 2024
American Bankers Mutual Insurance, the reinsurer for the ABA-endorsed insurance program, has declared a $3.8 million annual distribution to be shared by qualified ABA member banks insured through ABA Insurance Services. The post American Bankers Mutual Insurance approaches $105 million in total distributions appeared first on ABA Banking Journal.
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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.
TheGuardian
NOVEMBER 20, 2024
Lower third-quarter profits reported alongside first estimate of financial fallout from loan mis-selling scandal Business live – latest updates Santander UK has put aside £295m to cover potential payouts to car loan customers, as the bank issued its first estimate of the financial fallout from the growing car loan mis-selling scandal. The figures were released alongside the bank’s third-quarter results, which were delayed last month after a court of appeal ruling in October said it was unlawful
American Banker
NOVEMBER 20, 2024
As banks continue investing in technology to boost productivity, they aren't losing sight of their call centers' human sides.
The Paypers
NOVEMBER 20, 2024
Financial platform Airwallex has announced its partnership with B2B spend management service provider Moss in order to enhance and streamline worldwide payments.
Image Works Direct
NOVEMBER 20, 2024
Can you believe it’s almost the new year? That means it’s time to create a bold marketing plan to stand out from your competitors! Our team recently presented a webinar on November 10 where we shared smart strategies, discussed the importance of timely marketing and gave examples of successful campaigns.
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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.
The Paypers
NOVEMBER 20, 2024
Revolut has been authorised by the FCA to operate as an investment firm, allowing the fintech to expand its services and provide UK and EU clients with stock trading tools.
American Banker
NOVEMBER 20, 2024
The fintech's Cash Out product charges the equivalent of 300% interest, the Attorney General alleges.
The Paypers
NOVEMBER 20, 2024
Atome Financial has secured a syndicated credit facility of up to USD 200 million, expected to accelerate financial inclusion in the region of Southeast Asia.
American Banker
NOVEMBER 20, 2024
The Federal Reserve governor said the Supreme Court ruling could bring needed transparency and efficiency to regulatory policymaking.
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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.
The Paypers
NOVEMBER 20, 2024
Santander has started to roll out its digital Openbank solution for customers and partners in the region of Mexico, including a new website and smartphone app.
The Financial Brand
NOVEMBER 20, 2024
This article Is the Future of Payments Public or Private? The Fed’s Waller Weighs In appeared first on The Financial Brand. Federal Reserve's Governor Waller talks private versus public payments roles and why CBDCs won't fly — but regulated stablecoins could. This article Is the Future of Payments Public or Private? The Fed’s Waller Weighs In appeared first on The Financial Brand.
The Paypers
NOVEMBER 20, 2024
Payment technology provider Worldpay has partnered with Mastercard to augment supplier payouts and create customised offerings for travel agents.
American Banker
NOVEMBER 20, 2024
Robert Thompson was charged with using nonpublic information about New York Community Bank and Capital One to execute stock trades. His guilty plea could come with up to 25 years behind bars.
Advertiser: ZoomInfo
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.
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