Wed.Feb 26, 2025

article thumbnail

How banks attract new deposits in a competitive landscape

Abrigo

Banks & credit unions recognize the importance of new deposits After years of consistent deposit growth, financial institutions have faced a shift recently, with deposits declining since 2022. How can they attract and retain new depositors? Strategies to help banks attract new deposits Banks and credit unions planning for 2025 agree that attracting and retaining deposits remains a top priority.

article thumbnail

Using Forward Rate Locks to Win Customers and Manage Risk

South State Correspondent

We work with hundreds of community banks across the country that utilize forward rate locks to decrease risk, increase fee income, and stave off competition from national and regional banks. If your bank is not currently offering forward rate locks (in its various forms) to borrowers, you may be interested in how to incorporate such a tool to boost your banks performance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Digital gift card provider Raise closes $63M round

Payments Dive

Cryptocurrency-focused investment firms and organizations poured capital into the gift card company that says it focuses on “blockchain-powered payments.

Cards 243
article thumbnail

What has macropru ever done for you? Macropru announcements can lead to a substantial reduction in systemic risk

BankUnderground

Kristina Bluwstein and Alba Patozi Measuring financial stability is very difficult. Measuring the effectiveness of policies affecting financial stability even more so. Not only is the objective of financial stability an elusive concept, but policies targeting financial stability are often complex, technical, and very slowly implemented. In spite of this, the usage of macroprudential tools in both advanced economies (AEs) and emerging market economies (EMEs) has more than tripled (Chart 1) over t

System 72
article thumbnail

Commercial Lenders, Playing It Safe Is the Real Risk

Why Legacy Lending Workflows Are Costing You More Than You Think Legacy systems and manual workflows might feel familiar, but they come with growing risks—compliance gaps, costly delays, and lost opportunities. This guide breaks down why clinging to traditional processes is no longer sustainable and how automation can help lenders regain control, improve efficiency, and reduce risk across the closing process.

article thumbnail

Amex, Alipay target fast-growing China market

Payments Dive

The card company has locked arms with the local digital payments player to accelerate its growth in China, the world’s second most populous nation.

Marketing 195

More Trending

article thumbnail

Earned wage access is growing. Here's what banks need to know.

American Banker

More consumers and small-business clients are clamoring for earned wage access, as states step up regulation and a CFPB interpretive rule hangs in the balance.

article thumbnail

AFS and Ternoa launch Athar to improve crypto payments

The Paypers

Arab Financial Services (AFS), a provider of digital payment solutions in the Middle East and Africa, has partnered with Ternoa to implement Athar, a secure and efficient PayFi network aimed at onboarding retail customers into the crypto space.

article thumbnail

Synovus offers fraud, scam protections with Carefull

American Banker

The bank is partnering with the fraud protection platform to offer tools to help clients especially older adults avoid scams and financial mistakes.

Fraud 69
article thumbnail

PayPal expands partnership with J.P. Morgan Payments

The Paypers

PayPal and J.P. Morgan Payments have announced an expansion of their partnership, with J.P. Morgan set to offer Fastlane by PayPal to merchant clients.

article thumbnail

Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

article thumbnail

American Express removes a hurdle for Chinese travel

American Banker

The company's cards will combine with the Alipay digital wallet, enabling foreign travelers to use local currency while reducing fees and processing steps. That and more in the American Banker global payments roundup.

Cards 59
article thumbnail

How Often Do Construction Loan Rates Change?

Commercial Lending USA

Learn about construction loan rates and their influences. Discover costs beyond interest and how to get the best project rates.

How To 59
article thumbnail

Coinbase partners with Onboard Global to offer crypto P2P payments to Nigerians

The Paypers

Coinbase has announced its partnership with Onboard Global in order to enable Nigerian users to buy and sell cryptocurrencies efficiently and securely.

article thumbnail

Great bank leaders keep communication simple

American Banker

Whether addressing a large audience or interacting with individual employees, the most effective communicators are those who leave their audience feeling a little smarter for having listened to them.

53
article thumbnail

State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

article thumbnail

Cspaar partners with WorldLine to expand payment solutions for SMEs

The Paypers

Cspaar , a provider of ERP systems and business management tools for small and medium-sized enterprises, has entered into a strategic partnership with Worldline.

Tools 57
article thumbnail

Lender groups want SBA to increase fees, tighten underwriting rules

American Banker

Changes are needed to shore up the agency's finances and guarantee the integrity of its flagship 7(a) lending program, according to a leading trade group

Groups 48
article thumbnail

Coinbase partners with Onboard Global to offer crypto P2P payments to Nigerians

The Paypers

Coinbase has announced its partnership with Onboard Global in order to enable Nigerian users to buy and sell cryptocurrencies efficiently and securely.

article thumbnail

Citi hires head of North America private bank from BofA

American Banker

The hiring comes roughly a month after Ida Liu resigned and the firm embarked on a regional restructuring.

America 36
article thumbnail

Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

article thumbnail

PayPal launches PayPal Open, a unified merchant platform, in the US

The Paypers

PayPal launches its unified payments and growth merchant platform, PayPal Open, in the US, followed by other markets.

US 45
article thumbnail

Great wage divide: How earned wage access sparks controversy

American Banker

Earned wage access is shaping up to be the most divisive financial product in decades as industry trade groups and consumer advocates spar over whether EWA should be classified as credit in order to protect consumers. Is there a middle ground?

Groups 36
article thumbnail

Solidgate and Silverflow to improve the subscription payments market

The Paypers

Silverflow , a cloud-native payment processing company, has partnered with Solidgate , an international payment provider to improve the subscription payments market.

article thumbnail

Stablecoin regs needed for banks to adopt DeFi: S&P study

American Banker

The lack of government clarity on stablecoins has prevented traditional financial institutions like large banks from entering the space.

Study 36
article thumbnail

The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

article thumbnail

ClearScore secures EUR 36.1 million funding round

The Paypers

London-based ClearScore has announced the raise of a EUR 36.1 million funding round aimed to fuel its next phase of growth and product offering.

article thumbnail

CFPB still wants your Home Mortgage Disclosure Act data

American Banker

While the March 3 submission deadline holds firm, compliance experts suggested guidance inquiries for Home Mortgage Disclosure Act filers could be lacking.

article thumbnail

Google Pay introduces convenience fee on utility payments in India

The Paypers

Google Pay has started applying a convenience fee on utility payments made using credit and debit cards, according to a report by the Economic Times.

Google 36
article thumbnail

Client Spotlight: Dan McCarthy of Del-One FCU

Image Works Direct

Dan McCarthy began working at Del-One Federal Credit Union in 2019 because he was drawn to the credit union philosophy People Helping People. Dan shared, Del-One was not only closer to home, but I was intrigued by their community outreach initiatives, their statewide presence, and their reputation for being advocates for their members.

article thumbnail

Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.