Fri.May 17, 2024

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Top 10 Tips for Getting Approved for a Commercial Loan

Commercial Lending USA

One of the largest companies that offers business loans is Commercial Lending USA. You can get money from them to help your business grow and stay ahead of the competition.

Lending 98
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Central banks seek firms for cross-border payment project

Payments Dive

The Bank for International Settlements is seeking private sector participation in a smart-contract project designed by seven central banks to improve cross-border payments.

Payments 195
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Small business clients look to Chase for data insights

BankInovation

Small business clients looking to make data-driven business decisions within their operations don’t always know how to tap into their data, but JPMorgan Chase has created a solution to deliver these insights.

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CFPB should reconsider prepaid rule

Payments Dive

The Consumer Financial Protection Bureau should revisit its rule affecting digital wallets, peer-to-peer payments and prepaid cards, writes one fintech group leader.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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What's the future of ATMs, ITMs?

ATM Marketplace

The future of ATMs lies not as machines that just dispense cash, but rather as multifunctional banking kiosks,

ATM 119

More Trending

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75% of global banks unprepared for open banking

BankInovation

Most financial institutions are not ready for open banking, but the tedious task of prepping bank platforms can be streamlined with AI. Three-quarters of banks are not operationally ready for open banking, according to the 2024 Digital Banking Experience Report released May 16 by Sopra Banking’s IT services provider, Sopra Steria.

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CFPB's Chopra says bureau will "be firing on all cylinders" after SCOTUS win

American Banker

Rohit Chopra, director of the Consumer Financial Protection Bureau, said Friday that the agency will be moving forward with rules and enforcement actions no longer stymied by a Supreme Court challenge to the agency's constitutionality.

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TAT and Alipay+ launch digital travel innovations

The Paypers

The Tourism Authority of Thailand (TAT) has expanded the partnership with Alipay+ with new developments aimed at enhancing the travel experience in Thailand.

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How Mastercard's using gen AI to combat payment disputes

American Banker

The card network is working with Salesforce to use large language models to be more proactive in how it resolves these interactions.

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How a Managed Services Partner Can Reduce the Friction in Your RDC Program

Treasury teams at community banks face an ongoing challenge of delivering frictionless customer experiences as they support treasury products – especially RDC. This infographic focuses on the efficiencies community banks gain when partnering with a proven managed services provider. You’ll see the advantages you can gain when a managed services partner leverages online tools, skilled customer and technical support personnel, and fulfillment and logistics capabilities to streamline RDC fulfillment

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BVNK integrates PayPal USD stablecoin into payments platform

The Paypers

BVNK , a UK-based payments infrastructure provider, has integrated the stablecoin PayPal USD (PYUSD) into its platform.

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Thanks to Clarence Thomas, the CFPB isn't going anywhere

American Banker

Even the conservative Supreme Court could see through the baseless arguments put forward by opponents of the Consumer Financial Protection Bureau, assuring that the agency will continue to fight to protect American consumers.

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DTCC completes blockchain pilot with Chainlink

The Paypers

The Depository Trust and Clearing Corporation ( DTCC ) has completed a pilot project with blockchain oracle Chainlink and US-based financial institutions.

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American Banker news quiz: May 17

American Banker

In this week's edition of the American Banker news quiz, gauge your understanding of topics like cybersecurity testing, the impact of high interest rates on community banks, FDIC Chairman Martin Gruenberg and more.

FDIC 57
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Budget Playbook for Commercial Lenders — Bank and Credit Union Edition

Amid market uncertainty, banks and credit unions are faced with critical decisions about the future of their commercial lending. With fluctuating interest rates and rising competition from non-bank lenders, it's critical to allocate your 2025 budget strategically to optimize lending operations. Our Budget Playbook for Commercial Lenders delivers key strategies to help you navigate these challenges, ensuring your institution is well-positioned for the coming year.

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Dwolla and Visa augment A2A payments with Open Banking

The Paypers

US-based payments platform Dwolla has partnered with Visa to bring advanced account verification capabilities to the Dwolla’s A2A solution.

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Arizona credit union buying bank to expand in Phoenix

American Banker

Pima Federal Credit Union in Tucson plans to buy Republic Bank of Arizona in a cash transaction slated to close in the second half of this year. It's the ninth deal in 2024 in which a whole bank would sell itself to a credit union.

Arizona 45
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Confida partners with illimity

The Paypers

Italy-based Confida has announced its partnership with illimity in order to launch Pehi, a new capillary proximity network for PA payments via vending machines.

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After loss at Supreme Court, payday lenders vow to keep fighting CFPB

American Banker

The payday loan industry is looking to extend its years-long legal fight with the Consumer Financial Protection Bureau. It's planning to ask a federal appeals court to revisit a ruling that upheld a proposed limit on how often payday lenders can try to pull money from their customers' accounts.

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It Takes Two to Tango

With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.

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Payarc partners with Amazon Web Services

The Paypers

US-based Payarc has announced its partnership with Amazon Web Services in order to develop a new payment artificial intelligence platform.

US 53
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Another top NYCB executive hits the road as overhaul continues

American Banker

New York Community Bancorp hasn't said who will replace Chief Operating Officer Julie Signorille-Browne, who is resigning amid a management shake-up.

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Q2 launches Q2 Engage

The Paypers

Q2 has announced the launch of Q2 Engage, a comprehensive portfolio of digital solutions, in order to make customer banking more personal and secure.

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Calls for Ginnie Mae modernization mount after FSOC report

American Banker

A recommendation to give Ginnie Mae expanded authorities is drawing focus in the reactions to a Financial Stability Oversight Council report on nonbank risks.

Report 36
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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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Layer secures USD 2.3 million in pre-seed investment

The Paypers

Embedded Accounting for SMEs provider Layer has announced that it received USD 2.3 million in pre-seed investment from Better Tomorrow Ventures.

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BNP Paribas' Barbara Nash on her very early start in finance: The Climb

American Banker

Nash, the head of tech, media and telecom coverage, has no intention of ending her four-decade career anytime soon.

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Evervault launches modular payment security platform

The Paypers

Data security company Evervault has announced the launch of its modular payment security platform to provide increased control over the payment stacks of its users.

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Bank regulation package approved by House panel

American Banker

The House Financial Services Committee passed eleven bills, including a Democratic-sponsored bill on homeless veteran housing and a Republican-led package on bank regulation.

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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.