Mon.Feb 17, 2025

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Supreme court judges reject Reeves’ motor finance intervention

TheGuardian

Chancellor had sought to prevent lenders caught up in commissions scandal being handed 44bn bill Rachel Reeves was dealt a fresh blow on Monday when her attempt to intervene in a high-profile supreme court case and curb a potential 44bn bill for lenders caught up in the car loan commissions scandal was rejected. Judges at the supreme court rejected the chancellors application, lodged last month , in which she urged them to avoid handing windfall compensation to borrowers harmed by allegedly secr

Industry 107
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What We Learned At Our Lenders Lunch

South State Correspondent

For the last few years, SouthState Bank Correspondent Division has been hosting lender lunches across the country. At these events, we invite local executives and lenders to discuss what drives community bank performance, we highlight challenges and opportunities for community banks, bankers have a chance to network over a short period (and eat lunch), and most importantly, we provide key tools and concepts that bankers can implement immediately to increase performance and outcompete larger bank

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Bowman calls for ‘system maintenance’ on Fed supervision, rules, applications

ABA Community Banking

The Federal Reserves regulations and supervisory process require significant maintenance to meet the Feds statutory mandate on safe and sound banking, Fed Governor Michelle Bowman said in a major speech at ABAs Conference for Community Bankers. With a personnel shift in supervision at the Fed board coming this month, Bowman laid out her vision for a revamp of the Feds supervisory and regulatory system.

System 75
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Tomorrow and Solaris unveil new sustainable savings account

The Paypers

Germany-based sustainable mobile banking provider Tomorrow , in collaboration with Embedded Finance platform Solaris , has launched a new savings account to improve its existing suite of banking products.

Mobile 67
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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.

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Asbury: America has opportunity to bring back ‘common sense regulatory framework’

ABA Community Banking

After several years that have not been particularly hospitable toward institutions like yours and mine, ABA Chair John Asbury said the industry now has a significant opportunity to restore an appropriate regulatory framework for community banks. The post Asbury: America has opportunity to bring back common sense regulatory framework appeared first on ABA Banking Journal.

America 52

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Effective bank regulatory modernization requires a scalpel, not an axe

American Banker

An overhaul of the bank regulatory system is past due, but the urge to start tearing up the rule book must be resisted in favor of precision and the thoughtful application of some basic principles.

System 41
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Cynergy Bank launches sustainable banking debit card made with Parley Ocean Plastic

The Paypers

Cynergy Bank has announced the launch of a new sustainable banking debit card for customers and partners, made from Parley Ocean Plastic.

Cards 56
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Why tariffs, inflation could thwart community banks' growth

American Banker

Small lenders produced net interest margin expansion in the fourth quarter, thanks in large part to interest rate cuts in the second half of 2024. Festering inflation, however, threatens to lead to rate increases that could stall their momentum.

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Payoneer gains approval to acquire a licensed payment service provider

The Paypers

Payoneer has received regulatory approvals in China to finalise its acquisition of a licensed payment service provider, aimed at empowering SMBs.

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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.

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Support for ESG proposals at record low driven by US investors, report shows

TheGuardian

Report highlights worrying retreat in support for shareholder resolutions on environmental and social risks Support for shareholder proposals aimed at tackling environmental and social risks hit a record low last year, figures show, amid a worrying retreat by investors, particularly in the US. A report compiled by the responsible investment campaign group ShareAction found that, out of 279 environmental, social and governance (ESG) shareholder resolutions put forward at annual general meetings l

US 60
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Barclays reveals FCA ML probe and tax fight

The Paypers

Barclays has revealed an FCA money-laundering probe and tax fight, as well as provisioning GBP 90 million for potential car finance mis-selling costs.

Taxes 48
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Miura launches Miura Ascend, a new unified payment platform

The Paypers

Miura has announced the launch of Miura Ascend, an enterprise payments platform that will make transactions faster, safer, and easier to manage for businesses.

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Affinity secures USD 8 million in seed funding

The Paypers

Ghanaian digital banking startup Affinity has secured USD 8 million in seed funding to expand its range of financial services in a market where mobile money dominates.

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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.

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Surecomp completes the acquisition of ELCY

The Paypers

Surecomp , a provider of digital trade and supply chain finance solutions, has announced the acquisition of ELCY , as the company works towards accelerating digital trade finance adoption and collaboration.

Company 45
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Google Pay to roll out AI-powered voice payments

The Paypers

Google Pay has announced its initiative to launch an AI-powered voice payment tool, allowing users to make UPI transactions by speaking.

Google 41
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Yonder partners with Griffin to simplify payments reconciliation

The Paypers

Yonder has announced its partnership with Griffin in order to launch Top-ups and simplify the payment reconciliation process for customers.

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SailPoint secures USD 1.38 billion in US IPO

The Paypers

US-based cybersecurity company SailPoint Technologies has raised USD 1.38 billion for itself and its parent company, Thoma Bravo, in a US Initial Public Offering (IPO).

US 41
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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!

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Binance and SEC seek pause in legal battle

The Paypers

Binance and SEC have asked a federal judge to stay the regulator's lawsuit against the crypto exchange citing the potential impact of a newly launched task force.

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Fintech iyzico acquires Paynet for USD 87 million

The Paypers

Turkiye-based fintech iyzico has acquired Paynet in a USD 87 million transaction, securing approvals from the Turkish Competition Authority and the Central Bank of the Republic of Turkiye.

Fintech 41
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Coinbase relaunches in India after a year of discontinuation

The Paypers

Global crypto exchange Coinbase has made another attempt to enter the Indian market after a year of not operating in the country.

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Aplazo secures USD 35.5 million credit line from BBVA Spark

The Paypers

Mexico-based commerce and BNPL fintech platform Aplazo has received a USD 35.5 million line of credit from BBVA Spark, BBVA ’s division that focuses on high-growth technology companies.

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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.

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ShopMate partners DNA Payments to provide payment options in the UK

The Paypers

ShopMate has partnered with DNA Payments to improve its support for UK retailers by integrating a payment solution into its EPOS system, ShopMate Pay.

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BBVA upgrades Blue, a personalised virtual assistant for mobile banking

The Paypers

BBVA has upgraded its virtual assistant, Blue, integrated within its mobile banking app, to offer a more personalised and intuitive experience.

Mobile 36
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Mashreq and NEO PAY introduce PoS lending for SMEs in UAE

The Paypers

Mashreq Bank has partnered with NEO PAY to introduce a PoS lending solution aimed at supporting SMEs in the United Arab Emirates.

Lending 36
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Checkout.com and Visa launch push-to-card solution in the UAE

The Paypers

Checkout.com , a digital payments company, has expanded its partnership with Visa Direct to launch a push-to-card solution in the UAE to help merchants develop faster and more convenient payment experiences for their customers.

Cards 36
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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.