Payments Dive

OCTOBER 9, 2024

The attack led to a days-long outage in September. The money transfer firm hasn’t described the nature of the incident or said how many people have been impacted.

Data 221

Data 221

Abrigo

OCTOBER 9, 2024

How to build a successful Q factor framework under CECL Understanding the quantitative side of the CECL calculation means developing defensible qualitative factors, or Q factors. Learn best practices to adjust for risk. Would you like other articles on CECL and Q Factors in your inbox? Takeaway 1 Q factors offer a way to adjust for risks that aren't fully captured in historical data or quantitative models Takeaway 2 Building a robust Q factor framework requires a systematic approach, regular mon

Risk Management 195

Risk Management Management Compliance Data 195

Payments Dive

OCTOBER 9, 2024

The digital restaurant payments provider raised processing fees for some restaurant clients. Separately, it’s aiding clients in adding surcharges on their customers’ orders.

Payments 435

Payments 435

BankUnderground

OCTOBER 9, 2024

Gabija Zemaityte The Tony Blair Institute for Global Change, among others, has argued that long-term fixed-rate mortgages (LTFRMs) could increase home ownership in the UK. The share of mortgages with longer fixes increased in the UK and internationally over the last decade. Persistently low interest rates over that period have supported demand for longer-fix products, including five-year fixes.

Marketing 109

Marketing US Policies Lending 109

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Payments Dive

OCTOBER 9, 2024

The payments processor expects to undertake possible divestitures, beginning this year, as part of an effort to jump-start revenue in subsequent years.

Payments 221

Payments 221

Jack Henry

OCTOBER 9, 2024

Your Jack Henry Connect 2024 Day 3 recap is here! Click to view the summary of today's events.

Conference 88

Conference 88

American Banker

OCTOBER 9, 2024

By offering its authentication technology to other issuers, the credit card lender can compete with payment networks and mobile wallets. But it will have to persuade other banks to get on board.

Capital 78

Capital Cards Mobile Technology 78

The Paypers

OCTOBER 9, 2024

Plaid has launched its new Pay by Bank for Bill Pay solution, aimed at providing customers with higher adoption and fewer returns for an optimised experience.

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74

American Banker

OCTOBER 9, 2024

The Honolulu-based bank's board continues to recommend selling to Hope Bancorp in Los Angeles, despite a competing offer that includes a higher price tag.

Los Angeles 78

Los Angeles Honolulu Community Bank Community 78

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The Paypers

OCTOBER 9, 2024

INDEXO Bank has announced that it has received its banking licence from the European Central Bank and has started its banking operations in Latvia.

Operations 68

Operations 68

American Banker

OCTOBER 9, 2024

It won't be cryptocurrencies or central bank digital coins that revolutionize global finance, but rather banks offering deposit tokens that have many of the benefits of both.

cryptocurrency 72

cryptocurrency blockchain Fintech 72

The Paypers

OCTOBER 9, 2024

Singapore-based cryptocurrency exchange Crypto.com has initiated a lawsuit against the US SEC after receiving a legal threat from the regulator.

cryptocurrency 68

cryptocurrency Regulation US 68

American Banker

OCTOBER 9, 2024

The legendary investor has been reducing his 13-year-old stake in BofA. It's the most recent instance of Buffett profiting from a big bet on a troubled financial institution.

America 67

America 67

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ABA Community Banking

OCTOBER 9, 2024

Grasshopper Bank in New York City has agreed to buy Auto Club Trust in Dearborn, Michigan. The $485 million-asset Auto Club Trust is a federal savings bank owned by The Auto Club Group. The post Grasshopper to buy Auto Club Trust appeared first on ABA Banking Journal.

New York City 52

New York City Michigan New York Groups 52

The Paypers

OCTOBER 9, 2024

US-based digital payments provider Checkout.com has announced a strategic agreement with Octopus to provide the latter’s services as an online payment method for merchants.

Online 41

Online Payments US 41

American Banker

OCTOBER 9, 2024

The company, which helped consumers strategize their credit card payments and pivoted to a B2B model earlier this year, has sold its intellectual property two months after it folded.

Fintech 41

Fintech Cards Payments Company 41

The Paypers

OCTOBER 9, 2024

Revolut , together with Chase and Modulr , has agreed to sign up for the 159 short-code phone service that allows individuals in the UK to directly call their bank when worried about potential scams.

41

41

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American Banker

OCTOBER 9, 2024

First State Bank of Purdy is on the forefront of new technology from Jack Henry & Associates thanks to the decades-long relationship between the bank and Jack Henry himself.

Technology 36

Technology Community Bank Community Lending 36

The Paypers

OCTOBER 9, 2024

Cashflows has announced its partnership with Mastercard in order to provide its UK merchants and customers with access to the latter’s Click to Pay services.

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41

American Banker

OCTOBER 9, 2024

Federal Reserve Vice Chair Philip Jefferson discussed the history of the central bank's last-resort lending facility. He characterized the Fed's latest outreach as part of a century-long effort to fine-tune the discount window.

Lending 36

Lending Policies 36

The Paypers

OCTOBER 9, 2024

Commvault , a provider of cyber resilience and data protection solutions for the hybrid cloud, has announced that the Commvault Cloud will be available on Amazon Web Services (AWS).

Data 36

Data 36

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American Banker

OCTOBER 9, 2024

The JPMorgan Chase CEO said it's "odd" that there's been no commensurate rise in IPOs with the surge in public market valuations.

Regulation 36

Regulation Marketing Compliance 36

The Paypers

OCTOBER 9, 2024

US-based payment and data security company Bluefin has partnered with Dover Fueling Solutions (DFS) to provide PCI-validated P2PE solutions to the retail petroleum forecourt in North America.

America 36

America Retail US Security 36

American Banker

OCTOBER 9, 2024

Sen. Tim Johnson, a former three-term senator and five-term U.S. representative for South Dakota, died after complications from a recent stroke.

South Dakota 36

South Dakota Regulation 36

The Paypers

OCTOBER 9, 2024

Trulioo , a provider of identity verification services, has announced the launch of Trulioo Fraud Intelligence, a new feature that aims to deliver predictive risk insights across over 195 countries.

Fraud 36

Fraud 36

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