Thu.Apr 11, 2024

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EWA providers seek to steer state legislation

Payments Dive

Payactiv, DailyPay and other earned wage access providers teamed up in calling on the governor of Kansas to pass legislation similar to laws recently enacted in three other states.

Kansas 243
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Bank Earnings Call Questions – Get Ready for These

South State Correspondent

Now that 1Q is in the books, if you are a public bank, you may have an earnings call coming up in some form. We want to better prepare you and get you ready for bank earnings call questions. To do that, we wrote a Python script to analyze a representative sample of earnings call transcripts for regional and mid-sized banks over the past several years.

Trends 195
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Why more tech in stores shouldn’t mean fewer workers

Payments Dive

Stores can automate more tasks than ever, including pricing, inventory management and checkout. But for theft prevention, customer service and brand engagement, they need humans.

Branding 195
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Podcast: Cloud migration ‘a must’ for FIs

BankInovation

Financial institutions are prioritizing cloud migration as cost reduction and innovation continue to be top of mind. “We definitely see cloud migration as a must,” Rodrigo Silva, regional director for the Americas at Temenos, tells Bank Automation News on this episode of “The Buzz” podcast.

Regional 118
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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Mastercard appoints three C-suite execs

Payments Dive

As part of the leadership changes and a corporate realignment, a long-time executive is also leaving the card network company.

More Trending

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Podcast: Tackling big goals for Financial Literacy Month

ABA Community Banking

For Financial Literacy Month in April, the ABA Banking Journal Podcast features a conversation on how banks are engaging their communities with financial education. The post Podcast: Tackling big goals for Financial Literacy Month appeared first on ABA Banking Journal.

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Cognizant partners with Shopify and Google Cloud

The Paypers

US-based professional services company Cognizant has announced its strategic partnership with Shopify and Google Cloud , aiming to advance digitalisation for global retailers.

Google 74
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These banks are nearing $100B of assets. What did they learn from NYCB?

American Banker

New York Community Bancorp took a massive loan-loss provision and slashed its dividend to meet tougher capital and liquidity requirements after rocketing by that asset mark. A half dozen regionals face tough questions about whether they're better prepared than NYCB, which had to be rescued.

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Notes from This Month in Banking Podcast

Jeff For Banks

I was rustling through papers on my desk to clean it up and not look like a candidate for the Hoarders TV show. In the clutter I found my sloppy copy notes from two podcast interviews. I put them in the shred pile. Then I read them. And rethought about shredding them. There were some valuable nuggets in there. They were uttered in some form by our guests and I thought them so insightful that I wrote them down.

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How a Managed Services Partner Can Reduce the Friction in Your RDC Program

Treasury teams at community banks face an ongoing challenge of delivering frictionless customer experiences as they support treasury products – especially RDC. This infographic focuses on the efficiencies community banks gain when partnering with a proven managed services provider. You’ll see the advantages you can gain when a managed services partner leverages online tools, skilled customer and technical support personnel, and fulfillment and logistics capabilities to streamline RDC fulfillment

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10 Things to Know About TRAI’s New Caller ID and SIM Swap Rules

BankBazaar

India’s telecom regulator TRAI has unveiled new regulations aimed at introducing caller ID as a default service and preventing fraudulent SIM swap activities. Here are the key things you need to know about these new rules: Mandatory Caller ID TRAI has recommended that all telecom operators provide “Calling Name Presentation (CNAP)” as a supplementary service to customers.

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Fintechs push for data access

BankInovation

NEW YORK — The free flow of consumer data and information would spark innovation in their industry, fintech leaders say.

Fintech 79
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Fed's instant payments network gains momentum among community lenders

American Banker

Launched last July, FedNow had enrolled more than 600 participants by mid-March, according to government officials. That marked a 100% increase from the start of the year, with more banks and credit unions viewing fast payments capabilities as essential. Fraud concerns linger, however.

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Nubank integrates NuInvest platform and expands investment options

The Paypers

Brazil-based financial services platform Nubank has integrated the NuInvest platform into the Nubank application.

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Budget Playbook for Commercial Lenders — Bank and Credit Union Edition

Amid market uncertainty, banks and credit unions are faced with critical decisions about the future of their commercial lending. With fluctuating interest rates and rising competition from non-bank lenders, it's critical to allocate your 2025 budget strategically to optimize lending operations. Our Budget Playbook for Commercial Lenders delivers key strategies to help you navigate these challenges, ensuring your institution is well-positioned for the coming year.

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Fed approves $1.3 billion merger of two New Jersey banks

American Banker

The Federal Reserve Board signed off on Provident Financial Services' acquisition of Lakeland Bancorp. The newly combined bank will be the seventh largest in the state.

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Nigeria reveals plans to introduce a payment-integrated ID card

The Paypers

The government of Nigeria has revealed its intention to introduce a payment-integrated ID card in a bid to provide social and financial services.

Cards 56
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How can banks and fintechs get employees' buy-in on generative AI?

American Banker

To protect their own talent pipeline, financial companies need to make sure that they're not only protecting the entry-level roles that AI threatens to take over, but getting the enthusiastic buy-in of the people most likely to be affected, according to experts from Fiserv, Segpay and Featurespace.

Fintech 65
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Paysera starts accepting ecommerce payments via Apple Pay

The Paypers

Lithuania-based fintech Paysera has integrated Apple Pay into its payment solution, augmenting payment acceptance for merchants.

Apple 56
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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.

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Unions are not a threat to the banking sector; they're an opportunity

American Banker

Instead of painting unionization as a barrier to business success, we should consider it an opportunity to rebuild trust, integrity and responsibility within the banking sector.

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N26 to launch joint accounts in Ireland

The Paypers

Germany-based online bank N26 has announced its joint account offering in Ireland, available to all of its customers, including those using its free N26 standard service.

Online 45
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Potential CFPB arbitration rule would violate CRA, GOP lawmakers say

American Banker

Rep. Andy Barr, R-Ky., and Sen. Thom Tillis, R-N.C., told the Consumer Financial Protection Bureau that pursuing a rulemaking on forced arbitration, as laid out by consumer advocates' rulemaking petition, would be an "affront to Congress.

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Uber halts fintech plans in Mexico

The Paypers

American ride-hailing company Uber has chosen to temporarily halt its fintech strategies in Mexico, despite previously securing the necessary licence to deliver financial products.

Fintech 41
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The 2024 Lenders Guide to Automating the Complex Loan

Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.

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Buy the People: Two visions, one rule – How Basel injected populism into bank capital

American Banker

A regulatory proposal to raise bank capital has spurred banks to fight back with a populist appeal to consumers, while regulators say more capital is what's needed to save banks from more crises — and help consumers.

Capital 48
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Viva.com partners with BANCOMAT

The Paypers

European cloud-based technology bank Viva.com has entered a strategic collaboration with BANCOMAT to allow its Italian merchant network to accept the latter’s payment methods.

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Busting AI myths with the ETA's Jodie Kelley

American Banker

There are a lot of misconceptions about how the payments industry uses generative AI. Jodie Kelley, chief executive of the Electronic Transactions Association, separates the reality from fiction.

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Crypto.com receives operational approval in Dubai

The Paypers

Singapore-based digital asset exchange Crypto.com has announced that its local entity, CRO DAX Middle East FZE, has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA).

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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.