Fri.Sep 13, 2024

article thumbnail

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 113
article thumbnail

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 259
Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

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
article thumbnail

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.

article thumbnail

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

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

'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
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

article thumbnail

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.

article thumbnail

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).

article thumbnail

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.

article thumbnail

Citizens and Navan join forces

The Paypers

Citizens and Navan have announced an agreement that combines Navan’s all-in-one travel and expense solution and Citizens’ commercial banking services.

36
article thumbnail

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.

article thumbnail

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
article thumbnail

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
article thumbnail

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
article thumbnail

SQRx expands reach with acquisition of DIATF-compliant SQR

The Paypers

SQRx has acquired SQR , a provider of digital identity solutions compliant with the UK’s Digital Identity and Attributes Trust Framework (DIATF).

36
article thumbnail

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

article thumbnail

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 31
article thumbnail

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.

article thumbnail

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
article thumbnail

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.

article thumbnail

5 Things Lenders Need to Know About Portfolio Loans & Their Documentation

Discover the key benefits of portfolio loans and learn how to streamline your lending process with our infographic, "5 Things Lenders Need to Know About Portfolio Loans & Their Documentation." Find out how portfolio loans can maximize borrower potential by consolidating multiple properties under a single loan, reducing paperwork, and lowering closing costs.