Payments Dive
APRIL 9, 2024
Senate Judiciary Committee Chairman Dick Durbin postponed a plan to call credit card chieftains on the capitol carpet at a Tuesday hearing, but he’s still aiming to get them to Washington.
South State Correspondent
APRIL 9, 2024
We estimate that the average contractual loan commitment for term credit at community banks has decreased from just under five years in 2022 to just under three years currently. The primary reason for this shift is not a change in borrowers’ business models or banks’ preference for repricing term loans, but rather, borrowers’ decision to seek short-term financing in anticipation of the Federal Reserve embarking on an interest rate cutting cycle.
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Payments Dive
APRIL 9, 2024
The bureau will refer “potentially criminal conduct,” including “anti-competitive mischief,” to the DOJ for action, CFPB Director Rohit Chopra said Monday.
BankInovation
APRIL 9, 2024
JPMorgan Chase’s chief data and analytics officer sits within its operating committee to keep up with ongoing AI investment and implementation bankwide. Appointed in June 2023, Chief Data and Analytics Officer Teresa Heitsenrether serves on the $3.
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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.
TheGuardian
APRIL 9, 2024
The company seems to hold me entirely responsible for the fact £40,000 was stolen I desperately need help after falling victim to a scam resulting in my Revolut business account being emptied of £40,000. The company is refusing a refund. It happened in February while I was staying up a mountain in Italy with no internet and a poor mobile phone signal.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
American Banker
APRIL 9, 2024
The Ann Arbor, Michigan-based fintech is working with two Michigan credit unions to pilot a service that allows consumers to jointly save for purchases.
BankInovation
APRIL 9, 2024
Digital bank OakNorth is in the early stages of testing to provide wire banking services in the United Kingdom. The London-based bank is beta-testing business banking services, including operational accounts, cards and payments, Chief Executive Rishi Khosla told Bank Automation News. Founded in 2015, the $4.
American Banker
APRIL 9, 2024
Some online banks that offer high-yield savings accounts are making those products a little less high-yielding. Banks are also shortening the duration of new CDs, hoping that anticipated rate cuts by the Fed will enable them to start paying less to consumers.
Realwired Appraisal Management Blog
APRIL 9, 2024
“The appraisal industry has so many opportunities if we work together”, Cindy Chance Ph.D. and CEO of the Appraisal Institute. Cindy was gracious to present at our recent Chief Appraiser FIVA (Financial Institution Valuation Advisors) meeting. 5 Takeaways As an Appraisal Institute member for decades, I get it.
Advertiser: ZoomInfo
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.
American Banker
APRIL 9, 2024
The financial services firm is using Google Cloud's Vertex AI platform to help customer service agents quickly locate and understand policies when answering queries.
ABA Community Banking
APRIL 9, 2024
Community bankers are showing slightly more confidence in the future economic conditions but still have concerns, particularly about regulatory burden, according to the latest Community Bank Sentiment Index/ The post Survey: Community bankers remain concerned about economy, regulation appeared first on ABA Banking Journal.
American Banker
APRIL 9, 2024
It's a substance that literally grows on trees, and is just as compostable. But like any other proposed alternative to first-use plastic, wood comes at a premium to any issuers that want to adopt it.
The Paypers
APRIL 9, 2024
Netherlands-based EV charging platform Road has partnered with Worldline to address payment processing and regulatory burdens for EV charge point owners.
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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.
American Banker
APRIL 9, 2024
A solid majority of decision-makers at these companies expect to expand their workforces again this year, a Citizens Financial survey found. Loan losses are normally low in eras of economic expansion.
The Paypers
APRIL 9, 2024
Provider of loaner and car rental software TSD has announced a strategic partnership with universal API for insurance data Axle.
American Banker
APRIL 9, 2024
As American Express has evolved with new products, its largest digital design team is rethinking how to finesse online and mobile design with the customer at the forefront.
The Paypers
APRIL 9, 2024
Global fintech company specialising in payments, Unlimit , has become the lead investor in payment orchestration platform Paytring ’s pre-seed funding round.
Advertiser: ZoomInfo
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.
American Banker
APRIL 9, 2024
Cloud-based tech giants like Amazon, Google and Uber are changing the economy, and not for the better, asserts Yanis Varoufakis, a former finance minister of Greece and a professor at the University of Athens, who has written a book about the dangers of what he calls the "cloudalists.
The Paypers
APRIL 9, 2024
Adyen and the Centre for Economic Business and Research have reported that over a third of UK retail businesses lost on average GBP 1.4 mln each to fraud in 2023.
American Banker
APRIL 9, 2024
The populist backlash from the Great Financial Crisis turned the financial regulatory world upside down. Fifteen years later, that populist force is still informing how people vote, how financial regulation is crafted and how regulators see themselves.
The Paypers
APRIL 9, 2024
J.P. Morgan Chase has announced the launch of a new unit entitled Chase Media Solutions, in order to allow advertisers to target customers based on spending data.
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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.
American Banker
APRIL 9, 2024
The change came to light Monday after West Virginia Treasurer Riley Moore took a victory lap in an announcement of the financial firms it was adding to its boycott list, which doesn't include BMO.
The Paypers
APRIL 9, 2024
Clearing house LCH has gotten regulatory approval from French and European supervisory authorities to clear cash-settled Bitcoin futures and options contracts.
American Banker
APRIL 9, 2024
Federal regulators need to mandate full disclosure of total costs for international money transfers, including all exchange rate markups, and to allow nonbanks access to the Fed's payment system.
The Paypers
APRIL 9, 2024
Gravity Game Vision has announced its partnership with EBANX in order to optimise the Latin American gaming landscape with a modernised gameplay experience.
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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