Wed.Aug 21, 2024

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The ultimate guide to preventing spoofing attacks.

PopularBank

When you fall victim to spoofing attacks as an individual, the resulting setbacks can quickly complicate your life. However, when your business falls victim, the consequences can be all-encompassing and jeopardize many parties involved. Worse yet, spoofing can threaten your company’s longevity and halt further success. Safeguarding your business against spoofing attacks and fraud should remain a key priority as you seek to protect your business assets.

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EWA providers crusade against CFPB rule proposal

Payments Dive

Earned wage access providers that backed state laws friendly to the industry are preparing for a fight over the Consumer Financial Protection Bureau’s plan to treat such payments like loans.

Industry 284
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AI for cybersecurity: Fighting fire with fire

BankInovation

Financial institutions are looking to AI and generative AI to mitigate the rising risk of cyberattacks as fraudsters take advantage of the technology.

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Stripe, Zip partner on BNPL processing

Payments Dive

The buy now, pay later firm will partner with Stripe, adding another major payments player tie to a set of recent high-profile collaborations.

Payments 195
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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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European transactions: Cockroach Labs, PwC UK team up on data sovereignty, modernization

BankInovation

U.K. regulators are starting to look at the European Union’s Digital Operational Resilience Act, and are monitoring the resiliency and business continuity plans of critical industry enterprises, a trend that is leading to new transactions. Software company Cockroach Labs Chief Executive Spencer Kimball told Bank Automation News, that the U.K.

Data 79

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How First Citizens became the top-performing big bank

American Banker

The North Carolina-based bank doubled in size in 2022 and again last year, when it acquired the failed Silicon Valley Bank. It has used consistency to outperform peers.

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Rakuten Viber to launch Viber Pay in the Philippines

The Paypers

Private and secure messaging and voice communication app Rakuten Viber has announced the launch of in-app digital payments feature Viber Pay in the Philippines.

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Zions leaders reflect on lessons learned from 11-year core upgrade

American Banker

The Salt Lake City bank recently completed what was arguably the first successful large-scale U.S. bank core transformation from an international core provider. Few banks are following in its footsteps.

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State Street partners with Taurus to enhance digital asset services

The Paypers

State Street , a global custody bank, has partnered with Taurus , a specialist in cryptocurrency custody and tokenization, to enhance its digital asset services.

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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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Adyen, PayPal boost partnership; Amazon ponders Indian payment switch

American Banker

The Dutch processor will add checkout tech through the collaboration; the e-commerce retailer may launch a separate payments app in India.

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Bank merger, acquisitions announced in three states

ABA Community Banking

Bank acquisitions announced in Nebraska and Ohio while two West Virginia banks apply for a merger of equals. The post Bank merger, acquisitions announced in three states appeared first on ABA Banking Journal.

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TD announces $2.6 billion provision for AML woes

American Banker

The Toronto-based bank also said that it expects a "global resolution" of investigations by U.S. authorities to be finalized by the end of the year.

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Pix expands in Europe

The Paypers

Pix expands in EuropeBrazilian instant payment company Pix has announced its expansion in the region of Europe through a strategic partnership with Wipay and PagBrasil.

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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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Credit unions' commercial lending is a lifeline for small businesses

American Banker

A representative of America's Credit Unions takes issue with a recent article suggesting that credit union commercial lending is excessively risky.

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Klarna acquires Laybuy in New Zealand

The Paypers

AI-powered global payments network and shopping assistant Klarna has acquired Laybuy ’s assets in New Zealand, planning to relaunch the service in the following weeks.

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SEC approves key audit reforms for public companies

American Banker

New standards forwarded by the Public Company Accounting Oversight Board and approved by the Securities and Exchange Commission bolster auditor responsibilities and introduce enhanced technology use, impacting over 350 publicly traded banks.

Company 53
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dLocal partners with Uphold

The Paypers

Cross-border payment platform specialising in high-growth regions dLocal has announced a strategic partnership with Uphold.

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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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Rage against the big dumb machine

American Banker

Mehrsa Baradaran's new book "The Quiet Coup: Neoliberalism and the Looting of America" ties together economic history, an expertise in banking regulation and the perspective of someone who's both watched a country be torn apart by extremism and been inside the American political machine.

America 53
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Silkpay partners with Sylq

The Paypers

Silkpay has integrated Alipay and WeChat Pay into Sylq 's platform, increasing payment options for European merchants and connecting them with Chinese consumers.

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Banking groups urge comment period extension for brokered deposits rule

American Banker

A coalition of financial industry groups is calling on the Federal Deposit Insurance Corp. to provide more data and extend the comment period on proposed brokered deposit restrictions, warning the changes could disrupt banking practices and harm consumers.

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Affirm joins forces with Hotels.com

The Paypers

US-based payment network Affirm has announced its collaboration with Hotels.com , with the two companies now enabling guests to book accommodations and use Affirm to pay.

US 41
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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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A poster child for last year's banking crisis plots a turnaround

American Banker

Industry Bancshares got into a deep hole after rising interest rates tanked the value of its sizable bond portfolio. Now the Texas community bank is expecting a $195 million capital infusion and taking steps to start relying more on revenue from loans.

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Switzerland to launch instant payments

The Paypers

Swiss companies and firms have been enabled to make instant electronic payments, while customers will have the possibility to use physical cash transactions as well.

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Powell may provide clues about rate cuts at Jackson Hole, economists say

American Banker

"Fed watchers will be parsing Powell's comments for signs that a 50bp rate cut is on the table for September," noted Lauren Saidel-Baker, an economist with ITR Economics. "However, the notoriously tight-lipped chair is unlikely to confirm this, making a 25bp cut the most likely outcome.

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Bitget achieves ISO 27001:2022 certification

The Paypers

Cryptocurrency exchange and Web3 company Bitget has achieved ISO 27001:2022 certification in order to strengthen its commitment to transparency and security.

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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.