ATM Marketplace

MAY 10, 2024

Bradley Cooper, editor of ATM Marketplace discussed bank layoffs in light of CX with Mack Turner, a 30 year veteran of the financial services industry,

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ATM Industry 102

Payments Dive

MAY 10, 2024

The two agencies raised concerns that airlines and card companies could arbitrarily devalue points accrued in their joint rewards programs, amounting to a bait-and-switch for customers.

Cards 412

Cards Company 412

American Banker

MAY 10, 2024

The Puerto Rico-based company's board of directors has given an additional title to COO Javier Ferrer, naming him president as of May 9. His career path closely resembles that of his boss, CEO Ignacio Alvarez.

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Puerto Rico Company 78

Payments Dive

MAY 10, 2024

The collaboration with a Chinese entity began Wednesday, with processing of cards issued by banks in the country following years of preparations.

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Operations Cards 293

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American Banker

MAY 10, 2024

A "true" stablecoin would benefit the economy by improving the money supply, facilitating frictionless payments and lowering the cost of borrowing fiat currency.

Payments 81

Payments cryptocurrency Compliance Regulation 81

American Banker

MAY 10, 2024

Max Levchin, CEO of the buy now/pay later lender, said recent tests show young adults prefer interacting with intelligent chatbots over phone-based agents, but the company doesn't foresee major cost savings from generative AI for a few more years.

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Company Payments 77

BankInovation

MAY 10, 2024

Bank of America aims to add 10 to 20 modules to its virtual reality training program every year to enhance employee training and improve information retention.

Training 61

Training America Innovation Retail 61

American Banker

MAY 10, 2024

American Heritage Federal Credit Union in Philadelphia plans to acquire three branches and $105 million of deposits from Linkbancorp. The deal is part of a growing number of transactions involving credit unions buying whole banks or portions of their branch networks.

New Jersey 74

New Jersey Philadelphia Operations Community Bank 74

The Paypers

MAY 10, 2024

Access Bank Group has announced its partnership with Mastercard in order to expand opportunities for cross-border payments for African businesses and clients.

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Groups Payments 50

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Commercial Lending USA

MAY 10, 2024

Many commercial loans are secured by collateral, an asset the borrower pledges as security for the loan.

Security 52

Security Lending 52

The Paypers

MAY 10, 2024

Tuum has announced its partnership with TransactionLink in order to streamline fintech onboarding processes and optimise operational efficiency.

Fintech 48

Fintech Operations 48

Commercial Lending USA

MAY 10, 2024

At Commercial Lending USA, we specialize in taking the hassle out of commercial loan acquisition.

Lending 52

Lending 52

American Banker

MAY 10, 2024

Large banks, particularly those with over $100 billion in assets, see increasing supervisory shortcomings related to interest rate and liquidity risks, governance and risk control issues, and cite cybersecurity, CRE values, and remote work trends as potential hazards in the future.

Report 41

Report Trends Policies Compliance 41

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Lending

The Paypers

MAY 10, 2024

US-based bank Wells Fargo has introduced the Signify Business Cash Mastercard for simplified cash rewards, tailored for small business success.

US 45

US 45

American Banker

MAY 10, 2024

Truist Financial completes the sale of its remaining stake in Truist Insurance Holdings; City National Bank has hired Rick Bechtel as executive vice president and head of mortgage and residential lending; Associated Bank names Chun Schiros as its first chief analytics officer; and more in the weekly banking news roundup.

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National Analytics Lending Industry 36

The Paypers

MAY 10, 2024

Euclid Protocol has introduced a new shared liquidity layer aimed at addressing the issue of fragmented liquidity in the blockchain ecosystem.

blockchain 45

blockchain 45

American Banker

MAY 10, 2024

The Charleston-based company agreed to pay $267 million to acquire Piedmont Bank in Peachtree Corners, Georgia. It's United's 34th deal, but the first since 2021.

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West Virginia Atlanta Virginia Georgia 36

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The Paypers

MAY 10, 2024

Cloudflare has partnered with the US Treasury and PNNL to bolster financial cybersecurity, sharing advanced threat intelligence for industry defence.

US 41

US Industry 41

American Banker

MAY 10, 2024

The new Financial Stability Oversight Council report also recommends an expanded Ginnie Mae PTAP facility and an industry-funded liquidity resource.

Resources 28

Resources Industry Report Policies 28

The Paypers

MAY 10, 2024

Wink Pay has collaborated with Visa and Codebase Technologies to launch fully-digital onboarding and instant card issuance proposition for Visa prepaid virtual cards in Lebanon.

Cards 36

Cards Technology 36

The Financial Brand

MAY 10, 2024

This article With Rate Cuts Delayed, How Can Banks Boost Deposit Profitability? One Word: Volume appeared first on The Financial Brand. With Fed interest rate cuts increasingly off the table, how can banking institutions grab greater profitability? The answer is a familiar, though overlooked strategy. This article With Rate Cuts Delayed, How Can Banks Boost Deposit Profitability?

Branding 31

Branding Strategy St. Louis Atlanta 31

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Lending

The Paypers

MAY 10, 2024

FINRA has fined SoFi USD 1.1 million due to alleged consumer identification flaws across its cash management brokerage service enabling fraudsters to take funds approximating USD 2.5 million.

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Management 36

The Financial Brand

MAY 10, 2024

This article The State of Small Businesses: A Guide for Banks appeared first on The Financial Brand. Bank of America's latest business owner's report on SMBs' optimism, challenges and strategies in a post-pandemic landscape of economic uncertainty. This article The State of Small Businesses: A Guide for Banks appeared first on The Financial Brand.

America 28

America Branding Strategy Report 28

The Paypers

MAY 10, 2024

Belgium has selected Netherlands-based SurePay for Verification of Payee (VoP) to enhance fraud prevention and EU compliance.

Compliance 45

Compliance Fraud 45

American Banker

MAY 10, 2024

In this week's edition of the American Banker news quiz, gauge your understanding of topics like Trump's ongoing criminal trial, alleged misconduct within the Federal Deposit Insurance Corp., industry succession planning and more.

Industry 45

Industry Compliance Regulation 45

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