Mon.Nov 11, 2024

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The future of embedded finance and payments

Payments Dive

Savvy SaaS platforms increasingly seek growth not through user acquisition alone, but through service expansion and lifting average revenue per user.

Payments 195
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Ant International launches MSME S-Card with industry partners

The Paypers

Ant International has launched its MSME S-Card, aimed at introducing a sustainability impact on SMEs in their development process, as well as new green financing opportunities.

Cards 89
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Will Shift4 scoop up Lightspeed?

Payments Dive

The acquisitive payments company could be a good fit with the Canadian point-of-sale technology provider, analysts said Monday.

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NatWest buys back £1bn of its shares from UK government

TheGuardian

Privatisation of bailed-out bank continues after plan to offer to retail investors was abandoned Business live – latest updates NatWest has bought back shares worth £1bn from the UK government, as the privatisation of the bailed out bank continues after a plan to offer a chunk of the stock to retail investors was abandoned. The government and NatWest said on Monday that the Treasury’s holding will drop from 14.2% to 11.4%, after the sale of shares at a price of about £3.81, the bank’s closing pr

Retail 84
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Fall In Love With the Month-End Close

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.

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Open banking to move toward FDX standard

Payments Dive

Industry collaboration on open banking is likely to move forward, with or without the CFPB’s recent final 1033 rule, one Jack Henry executive said.

Industry 195

More Trending

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End of Treasury’s stake in NatWest is nigh, and no flashy sell-off required | Nils Pratley

TheGuardian

State’s holding in former Royal Bank of Scotland down to 11.4%, without need for Jeremy Hunt’s planned £3bn sale Sometime around spring next year, HM Treasury should finally sell its last share in NatWest, or the Royal Bank of Scotland, as it was. The process will only have taken 17 years. If that feels like an age, it is a shorter timespan than seemed likely only 12 months ago.

Groups 79
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The rise of crypto in B2B payments: What banks need to know.

American Banker

Blockchain powered transactions for businesses are still in their infancy, but use is expected to grow and banks stand to lose if they don't come up-to-speed.

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FBI alerts that hackers are now sending police data requests to steal information

The Paypers

The Federal Bureau of Investigation (FBI) has released a public notice alerting that hackers are now gaining private user details from US-based tech firms by sending police data requests.

Data 74
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Activist group seeks seats at Carver's board table

American Banker

Foiled in a bid to acquire a controlling stake in the New York-based bank earlier this year, Dream Chasers is asking investors to elect two of its members as directors.

Groups 57
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5 Ways You Can Win Faster with Gen AI in Sales

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.

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Visa and Mastercard under investigation in Europe

The Paypers

Visa and Mastercard have been under scrutiny in Europe, with EU antitrust regulators investigating whether their fees negatively impact retailers.

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Bank survey finds Gen Z seeks to build savings, credit

ABA Community Banking

The top financial goal for most Generation Z adults is growing their savings, followed by building their credit and increasing their income, according to a new survey by Academy Bank. The post Bank survey finds Gen Z seeks to build savings, credit appeared first on ABA Banking Journal.

Survey 52
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UBS pilots UBS Cash multi-currency payment solution

The Paypers

UBS has concluded a pilot for its blockchain-based payment solution, UBS Digital Cash, which aims to address challenges in cross-border payments.

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Seven Bank seeks to expand cash-machine network beyond 7-Elevens

American Banker

Deconsolidation from Seven & i resulting from a reduction of its stake in Seven Bank would make such a scenario more possible, according to CEO Masaaki Matsuhashi.

ATM 36
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The Role of Automation in Commercial Lending

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.

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HMRC appoints Modulr as its new CoP supplier

The Paypers

HMRC has decided to appoint Modulr as its new supplier of Confirmation of Payee technology, using a nascent public sector-wide dynamic purchasing system.

System 50
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The bank lobby's anti credit union claims ring hollow

American Banker

Credit unions don't enjoy an unfair advantage. What they do is reinvest in their members and their communities in a way banks often do not.

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Ecobank partners with Nium to enable real-time cross-border payments

The Paypers

Nium has announced a partnership with Ecobank to facilitate cross-border payments in 35 African markets for more than 32 million customers.

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‘Insane Perks’ and Smart Strategy: How Berkshire Bank Created a Digital Success Story

The Financial Brand

This article ‘Insane Perks’ and Smart Strategy: How Berkshire Bank Created a Digital Success Story appeared first on The Financial Brand. Berkshire Bank launched its digital platform Berkshire One in just months, blending fintech innovation with community banking values — and exceeding growth targets. This article ‘Insane Perks’ and Smart Strategy: How Berkshire Bank Created a Digital Success Story appeared first on The Financial Brand.

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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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Revolut launches new study on legacy banks struggling to meet modern business needs

The Paypers

Revolut has launched a new survey which shows that two-thirds of companies believe that 'legacy banks' are too slow to adapt to modern business needs.

Meeting 45
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Military-targeted mortgage initiatives launch in honor of Veterans Day

American Banker

U.S. military veterans and active duty personnel have four mortgage industry participants looking to enhance their ability to take advantage of their benefits.

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Satispay raises EUR 60 million to further drive its service expansion

The Paypers

Italy-based unicorn Satispay has announced the rise of EUR 60 million funding round, aimed at further driving its service expansion for its customers and partners.

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Three Must-Have Features for Next Gen Banking Apps

The Financial Brand

This article Three Must-Have Features for Next Gen Banking Apps appeared first on The Financial Brand. Apps from U.S. Bank, BofA, Wells Fargo and USAA stand out for specific functions, but the category as a whole still lags customers' expectations. This article Three Must-Have Features for Next Gen Banking Apps appeared first on The Financial Brand.

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Outsource With Confidence for RDC Program Success

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.

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InComm Payments acquires digital gift card provider Mafin

The Paypers

InComm Payments has acquired the digital gift card provider Mafin , with the latter being expected to be excluded from the scope of consolidation from this fiscal year.

Cards 41
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What President Trump 2.0 Might Mean For Inflation and Interest Rates

South State Correspondent

The Trump administration’s impact on the US economy has been thoroughly analyzed and will continue to be debated (and closely watched) for its entire four-year term. Economic scenarios may unfold in a myriad of unexpected ways. However, one result of the administrations stated policies will be highly likely – we estimate at least a 90% chance – that is, higher inflation, resulting in higher interest rates.

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BuzzAR launches BuzzPay, an AI-powered fintech

The Paypers

BuzzAR has launched BuzzPay, an AI-powered fintech solution that integrates with the company’s AI travel companion, BAE (Buzz AI Experience).

Fintech 41
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What Trump presidency will mean for banks' AI projects

American Banker

The Biden administration's executive order on AI may be canceled and replaced with less restrictive policy, but banks will still need to proceed with caution, experts say.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

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.