Tue.Dec 17, 2024

article thumbnail

Coachella of Banking?

William Mills

If you havent already seen the agencys Tradeshow Guide for 2025 , you will notice that the majority of events tend to be Spring and Fall. However, one exception, and one of my favorite events of the year, is Bank Director's Acquire or Be Acquired Conference which is January 26-28, 2025 in Phoenix, Arizona. Entering its 31 st year, this annual conference enables bank CEOs, board of directors and executive teams to gain a better understanding of the economy, explore opportunities for enhancing sha

Phoenix 78
article thumbnail

What role do stablecoins play in the payments industry?

Payments Dive

With the discussion of stablecoins intensifying after the election of Donald Trump, here’s a primer explaining what this cryptocurrency is and what its practical uses may be.

Industry 195
Insiders

Sign Up for our Newsletter

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

article thumbnail

Here is The Largest Reason for Community Bank Consolidation

South State Correspondent

Community banks (under $10B in assets) serve a key role for borrowers, local communities, and the broader US economy. Community banks are better positioned than many other creditors to follow and adapt to local economies, industries and trends, thereby, being better stewards of capital. Community banks may also serve as buffers for the extreme swings of business cycles not to mention also financing small businesses, some of which succeed to become world-leading enterprises.

article thumbnail

Merchants maneuver as Visa enforces surcharge program

Payments Dive

As the card network giant enforces its surcharge rules, merchants react to different experiences in the market and adjust.

Cards 370
article thumbnail

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.

article thumbnail

ATM Manufacturer Guide: 3 companies compared

ATM Marketplace

Read to learn about the features offered by the three main ATM manufacturers in the U.S.

ATM 83

More Trending

article thumbnail

Lloyds advert banned for making false environmental claims

TheGuardian

Watchdog ruled social media post failed to provide balanced information over banks ongoing financing of polluting industries A Lloyds Banking Group advert has been banned for making false environmental claims, making it the second major lender to break the UK advertising watchdogs rules against greenwashing. The ruling by the Advertising Standards Authority (ASA) follows an investigation into a billboard poster and three paid-for posts on the networking website LinkedIn, all of which hailed the

article thumbnail

Reflections on Banking and Fintech in 2024

Alex Jimenez

2024 proved to be a year where banking and fintech continued to mesh into a single industry. Throughout the year, I wrote several articles that examined several facets of what is going on in the industry. From the shift to engagement banking to the power of AI and digitalization, this years journey has been about understanding and shaping the future of financial services.

Fintech 52
article thumbnail

The banks that implement AI well, from titans to mavericks

American Banker

Some banks are "punching above their weight," according to Dan Latimore, chief research officer at The Financial Revolutionist. Here's how they do it.

article thumbnail

Crystal Intelligence partners with Banxa to improve crypto compliance

The Paypers

Crystal Intelligence , a blockchain intelligence company, has partnered with Banxa , a payments infrastructure provider to enable embedded crypto, to improve Banxa’s security operations as Australia’s crypto industry adapts to strict regulatory requirements.

article thumbnail

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.

article thumbnail

CFPB's $5 overdraft rule presents populist challenge to GOP

American Banker

There are many ways for the incoming administration to overturn the Consumer Financial Protection Bureau's final rule slashing overdraft late fees to $5. But the politics of nullifying the rule is a challenge to an administration that promised lower prices.

article thumbnail

Remote introduces stablecoin payments for contractors in 69 countries

The Paypers

HR and payroll platform Remote has announced that companies can now pay contractors in 69 countries using stablecoins, starting with USDC on the Base network.

article thumbnail

Banks could see an end to Chokepoint 2.0 in 2025

American Banker

The coming year will bring banks the ability to work with digital assets and crypto companies, according to speakers at American Banker's Cyber Risk Summit.

Company 68
article thumbnail

Ripple launches RLUSD stablecoin with NYDFS Trust Charter approval

The Paypers

Ripple has launched its RLUSD stablecoin, which operates under a New York Department of Financial Services (NYDFS) trust charter.

article thumbnail

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.

article thumbnail

Is cash becoming extinct?

American Banker

Myriad payment innovations are cutting into old-school cash payments, changing how funds are accessed, spent and received for purposes ranging from in-store payments to accessing disaster recovery funds. Will these changes bring new communities into banking, or will it leave them behind?

article thumbnail

How to Get a Million Dollar Hard Money Loan

Commercial Lending USA

Million-dollar hard money loans stimulate property investments. See how to get a million-dollar hard money loan. Check property, credit, and experience.

How To 59
article thumbnail

Bank acquisitions announced in four states

ABA Community Banking

Proposed bank acquisitions announced in Ohio, Pennsylvania, Massachusetts and Kansas. The post Bank acquisitions announced in four states appeared first on ABA Banking Journal.

Kansas 52
article thumbnail

CARD.com and Visa introduce Visa Direct Cross-Border payments

The Paypers

CARD.com , a US-based financial services technology company, has announced its partnership with Visa to introduce Visa Direct Cross-Border payments.

article thumbnail

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.

article thumbnail

Community banks, CECL and CRE

ABA Community Banking

Are small banks falling short of credit reserves on CRE portfolios? The data say no. The post Community banks, CECL and CRE appeared first on ABA Banking Journal.

article thumbnail

Lulu partners with Circle to optimise remittances and cross-border payments flow

The Paypers

LuLu Financial Holdings has announced its partnership with Circle in order to enable LuLuFin to optimise remittances and cross-border payment flow for customers.

article thumbnail

Blue Ridge returns to community bank roots after failed fintech foray

American Banker

Months of painful restructuring may be paying off as the Charlottesville, Virginia-based company reported a modest third-quarter profit after more than a year of losses.

article thumbnail

6 Takeaways from Big Banks’ Final 2024 Analyst Sessions

The Financial Brand

This article 6 Takeaways from Big Banks’ Final 2024 Analyst Sessions appeared first on The Financial Brand. Nuggets from Goldman Sachs analyst go-rounds with Bank of America, Capital One, Citi, Chase, PNC, U.S. Bank and Wells Fargo. This article 6 Takeaways from Big Banks’ Final 2024 Analyst Sessions appeared first on The Financial Brand.

America 17
article thumbnail

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.

article thumbnail

CFPB scrutinizes the role of credit cards in sports gambling

American Banker

New bureau research digs into the fees that bettors get charged when they use credit cards to fund gambling accounts.

Cards 36
article thumbnail

Northwest Bancshares lands $270 million acquisition in Pennsylvania

American Banker

The Columbus, Ohio-based bank said its all-stock bid for Penns Woods Bancorp would expand its footprint and give it $1.7 billion of deposits and $1.9 billion of loans.

article thumbnail

FDIC mulls blanket dividend restrictions in times of stress

American Banker

Members of the Federal Deposit Insurance Corp. board of directors Tuesday debated Consumer Financial Protection Bureau Director Rohit Chopra's proposal limiting capital distributions system-wide during times of stress, as well as penalties for institutions caught engaging in money laundering.

FDIC 36
article thumbnail

Remittances cost too much and take far too long. We can do better.

American Banker

Cross-border person-to-person payments are vital to the survival of millions of vulnerable people. Right now, fees eat away at their money, and slow processing times create unnecessary stress. The financial services industry and partners in government can fix this problem.

article thumbnail

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.