Perficient

APRIL 24, 2024

Uncovering the Challenge: Relying on Spreadsheets for Portfolio Analysis A leading wealth and asset management firm recently sought our financial services expertise for a critical challenge. Relying on complex spreadsheets for portfolio analysis, the firm faced operational hurdles due to immense computing demands. The Perficient Approach: Transforming Operations through Strategic Consulting Our team embraced the challenge, conducting a meticulous two-week analysis to uncover the root issue: a cu

Strategy 440

Strategy Data Analysis Operations 440

Payments Dive

APRIL 24, 2024

The card network behemoth’s latest earnings report showed a contraction in card volume growth during the first three months of the year, and into April.

Cards 386

Cards Report 386

BankUnderground

APRIL 24, 2024

Julian Reynolds Policymakers and market participants consistently cite geopolitical developments as a key risk to the global economy and financial system. But how can one quantify the potential macroeconomic effects of these developments? Applying local projections to a popular metric of geopolitical risk, I show that geopolitical risk weighs on GDP in the central case and increases the severity of adverse outcomes.

Policies 137

Policies Marketing Groups Analysis 137

Payments Dive

APRIL 24, 2024

The fintech One now offers buy now, pay later financing at the store chain, presenting competition for Affirm, which has partnered with the retail giant since 2019.

Report 370

Report Retail Fintech 370

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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.

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TheGuardian

APRIL 24, 2024

Wealthy nations exploit their position as the world’s bankers to siphon off hundreds of billions from the needy Developing nations have long complained that globalisation has enthroned western currencies in such a way as to subsidise living standards in the rich world. Last year , Brazil, Russia, India, China and South Africa – the Brics – even talked of an alternative common currency to replace the dollar.

National 108

National Marketing 108

American Banker

APRIL 24, 2024

The store-branded card issuer is raising annual percentage rates and adding fees for paper statements to compensate for lost revenue. The Consumer Financial Protection Bureau's new regulation is scheduled to take effect on May 14.

Cards 97

Cards Regulation Branding Compliance 97

BankInovation

APRIL 24, 2024

Lloyds Bank reported an increase in operating costs in the first quarter driven by higher inflation and increased investment in technology. “Cost management remains a core discipline for us as a group,” Chief Financial Officer William Chalmers said during the bank’s earnings call today.

Operations 79

Operations Groups US Management 79

American Banker

APRIL 24, 2024

An anti-ESG crusade in Texas exposes the degree to which conservative hype over companies' ESG policies has lost touch with the reality of the market, to the detriment of taxpayers.

Texas 85

Texas Policies Marketing Company 85

BankInovation

APRIL 24, 2024

Bank of America’s innovation is never complete since its team constantly updates offerings to meet ever-changing client needs. “At Bank of America, innovation is everybody’s job,” Jorge Camargo, managing director of mobile app, online banking and Erica AI at Bank of America, told Bank Automation News.

America 77

America Innovation Meeting Mobile 77

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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

Community Bank

American Banker

APRIL 24, 2024

At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.

America 78

America Analysis Meeting Company 78

BankInovation

APRIL 24, 2024

Navy Federal Credit Union selected SaaS core modernization provider Zafin to update its core and move away from its legacy mainframe.

US 77

US 77

The Paypers

APRIL 24, 2024

UK-based payments technology company Zilch has extended its partnership with Amazon Web Services (AWS) to support the launch of AI capabilities across its proposition.

Technology 72

Technology Payments Company 72

Realwired Appraisal Management Blog

APRIL 24, 2024

Thomas Weller is a seasoned respected CEO of Union Gateway Bank. He’s predictable as the sunrise. Under his leadership, Union Gateway had earned a reputation for its conservative approach, boasting stability and consistent growth. However, this conservative ethos was a double-edged sword, especially as the tech world around them accelerated.

Leadership 59

Leadership 59

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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.

Lending

TheGuardian

APRIL 24, 2024

Pre-tax profits drop to £1.6bn between January and March, down from £2.3bn last year Lloyds Banking Group has posted a 28% drop in profits for the first three months of the year as intense competition in the mortgage and savings market hit its earnings. The country’s largest mortgage lender, which owns the Halifax brand, said pre-tax profits dropped to £1.6bn between January and March, having fallen from £2.3bn last year when rising interest rates boosted the lender’s profits by almost 50%.

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Taxes Groups Branding Marketing 60

ABA Community Banking

APRIL 24, 2024

The FDIC named four new bankers as members of the agency's Minority Depository Institutions Subcommittee. The post FDIC names four bankers to MDI subcommittee appeared first on ABA Banking Journal.

FDIC 52

FDIC Community Bank Policies Community 52

American Banker

APRIL 24, 2024

The ABA is testing an information-exchange network to allow banks to share their fraud data with each other. Companies including Baselayer are also building solutions.

Fraud 72

Fraud Data Industry Company 72

The Paypers

APRIL 24, 2024

US-based One , Walmart ’s majority-owned fintech startup, has launched Buy Now, Pay Later (BNPL) loans for high-value items at 4,6000 of the retailer’s stores.

US 45

US Retail Fintech 45

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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.

Analysis

American Banker

APRIL 24, 2024

The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.

Mississippi 36

Mississippi Security Company Community Bank 36

The Paypers

APRIL 24, 2024

Standard Chartered has announced its partnership with Visa in order to optimise cross-border payments, as it joined the Visa B2B Connect network.

Payments 48

Payments 48

American Banker

APRIL 24, 2024

Strong consumer spending and cross-border activity drove an 8% increase in Visa's total payments volume during the first quarter of the year, although Asia's economic recovery is taking longer than expected.

Cards 36

Cards Payments 36

The Paypers

APRIL 24, 2024

B2B WealthTech platform Allfunds has announced its collaboration with Google Cloud , with the company aiming to improve its features via cloud computing, analytics, and AI.

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Google Analytics Company 41

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Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.

Lending

American Banker

APRIL 24, 2024

The payment processing firm said that companies will no longer be locked in to processing payments with Stripe in order to access its other products.

Payments 36

Payments Company 36

The Paypers

APRIL 24, 2024

Philippines-based Netbank (A Rural Bank) has chosen merchant acquirer V5PAY to equip businesses in underserved areas with access to international payment capabilities.

Payments 41

Payments 41

American Banker

APRIL 24, 2024

Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more.

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Apple Fraud Policies Payments 36

The Paypers

APRIL 24, 2024

Financial crime intelligence company ComplyAdvantage has acquired Golden to accelerate its AI capabilities in providing financial crime insights.

Company 45

Company 45

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Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

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