Tue.Jan 14, 2025

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Shaping inflation expectations: the effects of monetary policy

BankUnderground

Natalie Burr In economic theory, expectations of future inflation are an important determinant of inflation, making them a key variable of interest for monetary policy makers. But is there empirical evidence to suggest monetary policy can help determine inflation expectations? I answer this question in a recent paper by applying a Bayesian proxy vector autoregression (BVAR) model to summary measures of inflation expectations for households, firms, professional forecasters and financial markets,

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Buy now, pay later users pile on debt, CFPB finds

Payments Dive

Consumers who use BNPL take out multiple loans and have more personal debt than consumers who don’t use the payment method, according to a new report from the Consumer Financial Protection Bureau.

Report 221
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BankBazaar Moneymood® Report 2025 | The Year Of Gold

BankBazaar

Looking for the emerging trends in Indias personal finance market? Here are some key insights from the Moneymood 2025 report presented by BankBazaar. BankBazaar.com, an Indian fintech co-brand Credit Card issuer and online financial product marketplace, launched the sixth edition of BankBazaar Moneymood 2025. This report summarises personal finance trends from 2024 and outlines expectations for 2025.

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Mastercard agrees to pay $26M to settle discrimination lawsuit

Payments Dive

The card network entered the agreement to settle a proposed class action that alleged it discriminated against Black, Hispanic and female employees by underpaying them.

Cards 221
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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 levels the playing field for smaller banks and credit unions

American Banker

New regulatory changes have created the potential to enable smaller institutions to compete more effectively with their larger peers if they're willing to seize the opportunity.

More Trending

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What experienced payment execs can pass to a new generation

American Banker

Most Influential Women in Payments honorees say the dramatic expansion in technology presents new opportunities and challenges as employers evolve away from traditional business models.

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ABA Fraudcast: One community bank’s fight against a mass text scam

ABA Community Banking

On the inaugural episode of the ABA Fraudcast, former ABA Chair Dan Robb, president and CEO of Jonesburg State Bank in Missouri, describes the recent targeting of his bank by fraudsters who texted thousands of residents of his community, seeking access to customer accounts. The post ABA Fraudcast: One community bank’s fight against a mass text scam appeared first on ABA Banking Journal.

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20 banks and thrifts with the most assets

American Banker

The top five banks and thrifts had combined assets of more than $13 trillion as of Sept. 30.

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Bank acquisitions announced in three states

ABA Community Banking

Glacier Bancorp in Montana to buy Bank of Idaho Holding Co.; Community Bank Holdings of Texas in Corsicana to buy CapTex Bancshares in Fort Worth. The post Bank acquisitions announced in three states appeared first on ABA Banking Journal.

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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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6 things banks look for in gen AI models and companies

American Banker

At banks like Citi and SouthState, generative AI models are put through additional rounds of testing before they make it into the pilot stage.

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Contiant uses Genome's real-time payment notifications

The Paypers

Genome launched real-time notifications for incoming payments via API using networks, and Contiant is one of its first clients.

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OCC fines three former Wells Fargo executives a combined $18.5 million

American Banker

The Office of the Comptroller of the Currency issued fines amounting to $18.5 million to three former Wells Fargo executives in response to unsafe sales practices from 2013 to 2016.

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Bluefin integrates Visa Platform Connect to deliver P2PE globally

The Paypers

Bluefin , an integrated payments provider, has announced the integration of their international payment gateway to Visa Platform Connect.

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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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JPMorgan's first female COO doesn't want Dimon's job

American Banker

The largest U.S. bank by assets has elevated Jennifer Piepszak to chief operating officer, in preparation for Daniel Pinto's retirement in 2026. But Piepszak is not interested in being CEO, the company said.

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Square partners Salt Edge to improve UK payments

The Paypers

Square , a technology company focused on simplifying commerce and financial services, has announced a partnership with Salt Edge , an Open Banking platform.

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Glacier in Montana takes prolific acquisition strategy to Idaho

American Banker

The bank said it would acquire Bank of Idaho for $245.4 million in stock. It marked the 12th bank deal for Glacier over the past decade.

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Hyperwallet partners with Thunes to expand payout access into APAC

The Paypers

Thunes , a global payment network, has welcomed Hyperwallet , a PayPal service for global payouts, as a member of Thune’s Direct Global Network.

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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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Former Finastra executive joins Unit4 as new CEO

American Banker

Simon Paris, outgoing CEO of Finastra, is moving to Unit4 in February.

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Deutsche Bank becomes additional banking partner for BISON

The Paypers

BISON has announced that Deutsche Bank will be integrated into the custody of Euro balances as part of BISON’s multi-banking strategy.

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More loan sales, M&A on the table as banks address CRE challenges

American Banker

Banks seeking to offload CRE assets are finding a receptive marketplace while regulators have managed to keep the situation in balance, observers say.

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Sygnum Bank valued at USD 1 bln following USD 58 million funding round

The Paypers

Crypto-focused bank Sygnum has achieved a valuation of USD 1 billion after raising USD 58 million in a recent funding round.

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Is Your Current Card Platform Holding You Back?

Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w

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Fraud epidemic pressures banks to reconsider static card security

American Banker

Digital transaction risk draws attention to dynamic CVVs for cards.

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Singapore implements anti-scam law to allow police to control bank accounts

The Paypers

Singapore has announced that it has passed a law providing police with the ability to control an individual’s bank account if there is proof of a scam.

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Fintech and crypto are having a moment in the 119th Congress

American Banker

Leadership appointments and an influx of new crypto-friendly lawmakers suggest the 119th Congress could be the most fintech and crypto-friendly in years.

Fintech 36
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Bambuser enters China in order to expand Zara's livestream

The Paypers

Bambuser has announced the launch in China of a dedicated platform for Zara that integrates livestream shopping and video ecommerce across its channels.

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It Takes Two to Tango

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.