Thu.Sep 19, 2024

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From Panic to Possibility: The Case for Digital Card Issuance and Push Provisioning

Jack Henry

Discover how digital card issuance and push provisioning can increase digital engagement for your bank or credit union and keep you top-of-mind, -wallet, and -app.

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Who really pays for your credit card reward points?

Payments Dive

"While rewards may feel like a bonus for those who use credit cards regularly, they ultimately come at a cost," writes one payments executive.

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The Case for Digital Card Issuance and Push Provisioning | FinTalk

Jack Henry

Discover how digital card issuance and push provisioning can increase digital engagement for your bank or credit union and keep you top-of-mind, -wallet, and -app.

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Brex rolls out embedded payments tool

Payments Dive

The fintech aims to capture a larger share of the B2B payments market, working with partners in addition to selling directly, Brex's president said.

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If It Ain't Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

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TD Bank names Chun as CEO

BankInovation

TD Bank named Raymond Chun its incoming chief executive today after current CEO Bharat Masrani announced plans to retire in April. Chun, who serves as the bank’s group head of Canadian personal banking, will become chief operating officer Nov. 1 as he plans to step up as CEO on April 10, Masrani said today during […] The post TD Bank names Chun as CEO appeared first on Bank Automation News.

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More Trending

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SMEs ‘one of the biggest winners’ of open banking

BankInovation

Open banking regulation set to finalize this fall will boost small- and medium-sized-enterprise access to financial services, experts said this week in the Bank Automation News webinar, “The future of open banking – Payments meet data.” “I see SMEs as one of the biggest winners from an open banking, open finance perspective,” Michelle Beyo, chief […] The post SMEs ‘one of the biggest winners’ of open banking appeared first on Bank Automation News.

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Affirm CEO stakes out differences with Klarna

Payments Dive

Affirm makes money off transactions, whereas Klarna has revenue from marketing, Affirm CEO Max Levchin contended.

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Can banks trust large language models?

American Banker

A prominent AI expert says the risk of hallucination and error can never be completely eliminated. Experts at BBVA and Celent say those risks can be mitigated.

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JP Morgan creates new role to prevent overwork among junior bankers

TheGuardian

Move to tackle long hours and support staff wellbeing comes months after deaths of two Bank of America workers Business live – latest updates JP Morgan has created an international role to oversee the “wellbeing and success” of junior bankers after the deaths of two Bank of America employees this year renewed concerns over the health and safety of overworked staff across the industry.

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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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Even in digital era, TV ads help smaller banks reel in deposits: study

American Banker

Deposits rose by an average of 14% at each branch in counties where banks advertised on TV, a new academic paper finds. The results line up with the view of bank marketers that television remains essential even as digital options flourish.

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UniCredit Eyes EU Expansion with Commerzbank Bet | JPMorgan in Talks for Apple Card Portfolio | HSBC Trials Quantum Tech for Tokenized Gold

Bussman Advisory

This week’s must-know stories in the FinTech, AI and Digital Asset space. The latest edition of the FinTech Ecosystem Newsletter is here: Image Credits: shutterstock.com The post UniCredit Eyes EU Expansion with Commerzbank Bet | JPMorgan in Talks for Apple Card Portfolio | HSBC Trials Quantum Tech for Tokenized Gold appeared first on Bussmann Advisory AG.

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CDFI Fund awards $40M to banks serving distressed areas

ABA Community Banking

The awards provide financial incentives to FDIC-insured depository institutions that “exhibit a quantifiable increase in investments directed toward CDFIs or that increase their own lending, investing or service operations in severely distressed areas” The post CDFI Fund awards $40M to banks serving distressed areas appeared first on ABA Banking Journal.

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Old Second National Bank teams up with Newgen

The Paypers

Newgen Software , a worldwide AI-driven digital transformation solutions provider, has announced its collaboration with Old Second National Bank.

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How Unify Turned Month-End Mayhem Into a Growth Party With Automation!

By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

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Welcome to the crypto election

American Banker

A huge amount of money has flowed into the election from cryptocurrency interests, setting up a different financial policy scene, including for bankers, next year.

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Sumsub integrates with Sygna to augment VASP communication

The Paypers

Sumsub has integrated its Travel Rule solution with the Sygna Travel Rule protocol to allow crypto and fintech clients to communicate with VASPs in the Sygna ecosystem.

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TD CEO Bharat Masrani to retire amid AML compliance woes

American Banker

Masrani, who's been at the helm of the Toronto-based bank for a decade, will pass the torch to Raymond Chun next spring. Chun currently serves as TD's head of Canadian personal banking.

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MercadoLibre secures USD 250 million financing from JP Morgan

The Paypers

MercadoLibre has announced the rise of USD 250 million in financing from JPMorgan , aimed at expanding its fintech credit profile in the region of Mexico.

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Is Your Current Card Platform Holding You Back?

Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w

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Banks should help people returning from prison gain financial literacy

American Banker

Hundreds of thousands of Americans leave prison each year with little or no financial literacy. It's in the interest of banks and the communities they serve to educate them.

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How Consult Hyperion Can Help Financial Institutions Comply with DORA

Tomorrow's Transactions

The financial services landscape is evolving rapidly, with new regulations emerging every day. One of the most recent and significant developments for financial institutions in the European Union is the Digital Operational Resilience Act (DORA). Designed to ensure that financial entities are better prepared for technological disruptions and cyber threats, DORA aims to build resilience… Continue reading How Consult Hyperion Can Help Financial Institutions Comply with DORA The post How Cons

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Tribe Payments achieves ISO 27001 certification

The Paypers

Digital payments and infrastructure orchestrator Tribe Payments has announced the achievement of the ISO 27001 certification, a global information security standard.

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Biden stresses Fed independence after interest rate cut

American Banker

President Joe Biden, in a speech emphasizing the progress made on the economy during his administration, said he has never called Federal Reserve Chairman Jerome Powell during his time as president.

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Auditpalooza: Rocking the Month-End Close Audit

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

A good, fast, clean audit leads to a happy work life. Join us in this one-hour webinar, where we share the best ways to prepare and conduct your audit process to maximize audit satisfaction and minimize administrative time in month-end close and financial reporting. Learning objectives: This course objective is to review leading practices to maximize audit success.

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Brex launches Brex Embedded

The Paypers

US-based corporate card and spend management platform Brex has launched Brex Embedded, which is set to unlock global transactions for customers across the globe.

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Why mortgage rates might rise after Fed cut

American Banker

While the Freddie Mac survey found the 30-year fixed fell 11 basis points, other indicators, including the 10-year Treasury yield, have all increased.

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Checkout.com and Slope partner to enhance B2B payments

The Paypers

US-based digital payments provider Checkout.com has partnered with B2B financing platform Slope to increase payment performance for US enterprise merchants.

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What's at stake for banks vying for Apple Cards' business

American Banker

Apple's credit card business is up for grabs, presenting a chance to cross-sell financial products. But that opportunity comes at a cost.

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3 Ways Managed Device Services Help Community Banks Cut Costs

Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se