American Banker
APRIL 17, 2024
Financial industry workers don't need to be concerned about losing their jobs to AI — they need to be concerned over which of the many opportunities they will want to seek out when the time comes.
Payments Dive
APRIL 17, 2024
Despite an industry-backed lawsuit seeking to stop the Consumer Financial Protection Bureau’s new $8 late fee rule, bank card issuers are bracing for potential implementation.
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ABA Community Banking
APRIL 17, 2024
How organizations can support the advancement of women to the highest levels The post Making way for women leaders appeared first on ABA Banking Journal.
Payments Dive
APRIL 17, 2024
Despite political opposition to a potential U.S. central bank digital currency, research staff at the central bank continue to study the possibility.
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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 17, 2024
Lloyds Bank says more than 600 of its customers have been tricked by fraudsters so far A rise in fraud cases involving Taylor Swift fans desperate to buy tickets to her sold-out UK shows has prompted Lloyds Bank to issue an “ urgent warning ” after more than 600 of its customers were scammed. With the superstar due to arrive in Europe next month , the high street bank said its data suggested that UK fans had lost more than £1m to fraudsters so far.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankInovation
APRIL 17, 2024
BNY Mellon has selected technology services provider Accenture to enhance the bank’s data and analytics services. The bank will use Accenture’s AI and data expertise to introduce new services and create new client experiences, according to an April 15 release.
American Banker
APRIL 17, 2024
Banking Circle US is the first company to use Connecticut's uninsured bank charter for wholesale and merchant activities. This kind of charter makes sense for payments firms, but questions persist about overall viability.
BankInovation
APRIL 17, 2024
U.S. Bank’s investment in payments technology contributed to growth and higher payments revenue in the first quarter.
American Banker
APRIL 17, 2024
Rep. Frank Lucas, R-Okla., told American Banker that he sees a concrete path to chair the House Financial Services Committee that relies on his long experience in committee leadership and long political career.
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.
BankInovation
APRIL 17, 2024
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon makes no secret that his firm is all-in on artificial intelligence. Now, the head of the world’s biggest bank is laying out his vision for the future of money in an AI world.
The Paypers
APRIL 17, 2024
Payment orchestration provider Celeris has integrated with PXP Financial to augment payment processing for businesses on a global scale.
American Banker
APRIL 17, 2024
U.S. customers who have previously used Sweden-based Klarna's buy now/pay later financing — and paid off their loans in full — will be prequalified for interest-bearing loans through a new version of the Klarna Visa card rolling out later this year.
The Paypers
APRIL 17, 2024
AI-enabled global payments network Klarna has announced its plans to introduce its credit card in the US, thus working towards expanding its market presence.
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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 17, 2024
The CFPB has dissolved the Office of Supervision, Enforcement and Fair Lending and eliminated the job of associate director in a move that impacts how it designates nonbanks for supervision.
The Paypers
APRIL 17, 2024
Independent not-for-profit standards association BIAN has announced the development of its network, as well as its commitment to optimising its banking solutions.
American Banker
APRIL 17, 2024
The Office of the Attorney General in New York says the bank violated the state's Exempt Income Protection Act, illegally transferring customers' money to debt collectors.
The Paypers
APRIL 17, 2024
US-based payments provider Nium has announced its official registration as a Financial Services Provider in New Zealand.
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 17, 2024
Rising deposit costs have plagued banks in general, and the Tennessee bank had to pay up to bolster liquidity after its failed merger with TD. But First Horizon retained customers in the first quarter while not paying them the special rates they got last year.
The Paypers
APRIL 17, 2024
Snowdrop Solutions has partnered with PwC Middle East to bring its Transaction Enrichment API to banks and payment providers in the Middle East.
American Banker
APRIL 17, 2024
Companies going public in the first quarter globally raised $27.8 billion, a 10% jump from the same period in 2023, according to data compiled by Bloomberg.
The Paypers
APRIL 17, 2024
Cloud tokenisation provider TokenEx has announced its strategy to merge with IXOPAY to enable merchants to optimise the overall use of multiple payment processors.
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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 17, 2024
Ant Group's Alipay is linking to Pakistan's NayaPay as part of a push to support tourism to China, Revolut has obtained a license from Mexico's National Banking and Securities Commission, and more.
The Paypers
APRIL 17, 2024
UK-based Ozone API has announced its partnership with Thistle Initiatives to allow FIs to implement PSD3 and achieve fast Open Banking compliance.
The Financial Brand
APRIL 17, 2024
This article Intelligent Analytics: The New Frontier in Robust Landing Page Design appeared first on The Financial Brand. A proven three-step framework for building landing page experiences that engage and convert using AI-led tools and insights. This article Intelligent Analytics: The New Frontier in Robust Landing Page Design appeared first on The Financial Brand.
The Paypers
APRIL 17, 2024
US-based WSFS Bank has rolled out Early Pay, enabling customers to receive eligible direct deposits early.
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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