Fri.Sep 13, 2024

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What's on the horizon for TCRs?

ATM Marketplace

Cook Solutions Group discussed the last 10 years of TCR history and what we can expect in the future.

Groups 109
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U.S. Bank rolls out access to Paze digital wallet

Payments Dive

The bank began offering the payments option from Early Warning Services to its credit and debit cards customers this week.

Cards 324
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Lloyds plans to shut another 55 bank branches

TheGuardian

Move will take two-year closure total by 2026 to 292 and includes Halifax, Bank of Scotland and Lloyds brands Lloyds Banking Group plans to close another 55 bank branches , bringing the total number due to be shuttered by 2026 to almost 300. The latest batch of closures are slated to begin in the new year and will include Halifax, Bank of Scotland, and Lloyds-branded branches in locations ranging from Surbiton to Port Talbot, Burgess Hill and Didcot.

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Ansa debuts in-store digital wallet capabilities

Payments Dive

Ansa last week launched a software development kit, which can be patched onto the code of a brand’s mobile app. “The pain’s on our side to make sure all their systems talk,” co-founder Sophia Goldberg said.

Software 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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Turning community bank employees into AI enthusiasts

American Banker

Community bankers have found that demonstrating efficiency, providing proper training and describing use cases can help get employees on board with AI products.

More Trending

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Bank stocks stall amid new threat to profitability

American Banker

Anticipated interest rate cuts could help stressed borrowers, but such a shift in monetary policy may curb lending income.

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Citizens hires 750 engineers to boost in-house tech offerings

BankInovation

Citizens Bank has hired 750 engineers over the past four years to boost its in-house technology innovation capabilities. The hiring has helped “us transform from being an organization [that] was heavily outsourced, to having a strong base of in-house engineers who have a problem-solving mindset,” Michael Ruttledge, chief information officer and head of enterprise technology, […] The post Citizens hires 750 engineers to boost in-house tech offerings appeared first on Bank Automation News.

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Bank investors' worry after Wells Fargo AML action: Who's next?

American Banker

A new OCC action over the megabank's anti-money-laundering guardrails, which follows news of seemingly more severe lapses at TD Bank. is raising concerns that a broader crackdown is at hand.

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Boost launches 100XB cross-border solution for US commercial cards

The Paypers

Boost Payment Solutions has introduced Boost 100XB, a cross-border payment solution tailored for US-issued commercial cards.

US 41
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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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How banks can overcome challenges of cash flow underwriting technology

American Banker

At a New York event, industry practitioners shared how they are addressing cultural, compliance and logistical objections to making loans based on bank account data.

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Accenture invests in EMTECH to modernise central bank operations

The Paypers

Accenture has announced that it has invested in EMTECH , a company that provides SaaS platforms to help central banks streamline, connect, and modernise their processes and operations.

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Experts debate the possible benefits of DSIB designation

American Banker

Acting Comptroller of the Currency Michael Hsu's suggestion that regulators designate certain midsize regional banks as domestic systemically important banks could boost oversight but may also complicate the regulatory landscape, observers say.

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PicPay's new Open Finance feature simplifies salary portability

The Paypers

PicPay has introduced salary portability via Open Finance in the market, simplifying the process for workers to transfer their salaries to PicPay.

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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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Federal banking agencies extend comment period on bank-fintech risks

American Banker

Banks now have until Oct. 30 to weigh in on potential risks of third-party fintech partnerships for banking products and services.

Fintech 41
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Ecommpay launches Ecommpay for Good

The Paypers

Ecommpay has launched a new brand identity and inclusivity programme, reflecting its focus on accessibility, inclusivity, and sustainability aiming to achieve financial inclusivity.

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How Fifth Third's embracing hot payment trends

American Banker

The bank's acquisition of embedded finance firm Rize Money and collaboration with open banking firm Trustly will enable the bank to grow real-time processing, account-to-account transfers and address emerging compliance challenges.

Trends 37
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Unimarket and Finexio launch payment risk score for fraud prevention

The Paypers

Unimarket , a provider of spend management solutions, has introduced the Payment Risk Score (PRS) in collaboration with Finexio.

Fraud 36
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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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BMO wins appeal in high-stakes Ponzi scheme case

American Banker

The Canadian bank said it expects to recover hundreds of millions of dollars after a three-judge appeals panel found that it cannot be held liable in connection with a multibillion-dollar fraud. The ruling echoed a different appeals court's decision stemming from the collapse of Bernard Madoff's Ponzi scheme.

Fraud 36
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PayerMax obtains PTSP certification in the KSA

The Paypers

Payment solution provider PayerMax has announced that it officially obtained the Payment Technical Service Provider (PTSP) certification from Saudi Payments, on behalf of the Saudi Central Bank.

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'Kamalanomics' presents a major growth opportunity for US banks

American Banker

Banks should embrace Kamala Harris' effort to drive sustainable, equitable economic growth. Doing so will open them up to underserved communities where they can build customer loyalty among a population primed for rapid development.

US 60
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TeleMoney partners with Thunes

The Paypers

Thunes , the Smart Superhighway for global money movement, has announced an alliance with TeleMoney , the International Remittance arm of Arab National Bank (ANB).

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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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BNY acquires Archer, Old National drops 'interim' tag from its CFO

American Banker

BNY has acquired managed-account software company Archer; Old National Bancorp has removed the "interim" tag from Chief Financial Officer John Moran; Royal Bank of Canada has done the same for Chief Financial Officer Katherine Gibson; and more in this week's banking news roundup.

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Factoryz partners with Mangopay

The Paypers

Factoryz has announced its decision to partner with Mangopay in order to power payments and transactions on its circular economy platform.

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What bankers need to know about Trump's World Liberty Financial

American Banker

The crypto company founded by Donald Trump's sons will officially launch Monday.

Company 69
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AU10TIX Q2 2024 report uncovers automated bot attacks on social media and financial sectors

The Paypers

AU10TIX , a global technology identity verification and management provider, has today released its Q2 2024 Global Identity Fraud Report.

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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.