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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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.
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.
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.
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?
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
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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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
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
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.
TheGuardian
NOVEMBER 20, 2024
Birth certificate error | Museum chairs | Perfect pets | Starling Bank | Guardian Christmas wrapping What better proof that the law is an ass than baby Lilah’s case ( ‘We were horrified’: parents heartbroken as baby girl registered as male, 19 November ). She was mistakenly registered as a boy and cannot be legally re-registered as a girl, although the mistake was discovered minutes after it was made by the register office.
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.
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Amid market uncertainty, banks and credit unions are faced with critical decisions about the future of their commercial lending. With fluctuating interest rates and rising competition from non-bank lenders, it's critical to allocate your 2025 budget strategically to optimize lending operations. Our Budget Playbook for Commercial Lenders delivers key strategies to help you navigate these challenges, ensuring your institution is well-positioned for the coming year.
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
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.
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.
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Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w
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
Wonder Group has agreed to acquire Grubhub from Just Eat Takeaway.com for USD 650 million, a reduction from the USD 7.3 billion valuation it held at the height of the pandemic.
The Emmerich Group
NOVEMBER 20, 2024
Trick question for you. What is the number one motivator for employees? Every time I talk with executives, they often suggest that paying employees more—up to a certain level—is the answer. Sure, research supports this to some extent, but that’s not the full picture. Others say it’s about making employees feel appreciated. Yes, that’s important too, but it’s still not the core answer.
The Paypers
NOVEMBER 20, 2024
Sift , an AI-powered fraud detection platform, has announced that Hertz started utilising its AI-enabled fraud prevention platform to deliver optimised customer experiences and mitigate fraud.
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.
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.
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 Federal Reserve governor said the Supreme Court ruling could bring needed transparency and efficiency to regulatory policymaking.
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.
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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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