Hurricane Helene aftermath prompts card, cash troubles
Payments Dive
OCTOBER 3, 2024
After the storm ripped through the southeastern U.S., consumers and merchants have been left grappling with card network outages and cash shortages.
Thu.Oct 03, 2024
397 
How to End Price Your Deposit Accounts
South State Correspondent
OCTOBER 3, 2024
You oversee pricing your checking accounts and you are trying to decide between $10.00 per month, $9.99, or $9.95. Which one do you choose? In a prior article where we tested “charm” account pricing, where we showed that conversion rates were almost twice as high when we used a $1.99 price point for a product compared to $2.00 ( HERE ). In this article, we go a level deep in pricing deposit accounts and look at various tactics around “pricing syntax” or “end price.” Pricing Tactics for Dep
Join 23,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
Visa expected to temper competitive moves after DOJ action
Payments Dive
OCTOBER 3, 2024
The card network may bend to emboldened fintech rivals and more assertive merchants following the Justice Department’s antitrust lawsuit.
Mobile solutions offer competitive edge for credit unions
BankInovation
OCTOBER 3, 2024
Credits unions tapping Dublin-based fintech Pulsate for mobile solutions see a return on investment with a major uptick in funded loans, engagement and transactions. It is imperative that “community financial institutions [are equipped with] the tools they need to not just survive in this digital-first world, but be competitive,” Sarah Martin, chief executive of mobile […] The post Mobile solutions offer competitive edge for credit unions appeared first on Bank Automation News.
If It Aint Broke, Don’t Fix It: A Dangerous Mindset
Advertisement
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
OCC seeks to halt Illinois card interchange fee law
Payments Dive
OCTOBER 3, 2024
The Office of the Comptroller of the Currency blasted an Illinois law that prohibits credit and debit card interchange fees on tips and excise taxes.
Sign up to get articles personalized to your interests!
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
More Trending
The FDIC is proposing an unnecessary rule that will kill index funds
American Banker
OCTOBER 3, 2024
The Federal Deposit Insurance Corp. wants to remove an exemption that allows index funds to invest freely in bank stocks. The result will be damaging to the investors who have come to rely on the funds' steady returns.
Sharing interest rate risk: who is trading and what affects the costs?
BankUnderground
OCTOBER 3, 2024
Ioana Neamțu, Umang Khetan, Jian Li and Ishita Sen What do the 2023 Silicon Valley Bank collapse and the 2022 UK pension fund crisis have in common? Interest rate risk. Several sectors in the economy run significant asset-liability mismatch that makes them vulnerable to rapid interest rate changes: pension funds and insurers have short-term cash flows and long-term liabilities, while banks follow a lend-long-borrow-short approach.
US port strike puts payments tech to the test
American Banker
OCTOBER 3, 2024
Recent advancements in transaction processing aim to improve visibility into cash flow, which can be thrown into chaos with uncertain shipments.
Podcast: How a Latin American banking franchise is growing in South Florida
ABA Community Banking
OCTOBER 3, 2024
Miami is often described as the northernmost city in Latin America, or sometimes as Latin America's business capital. Banesco USA Cali Garcia-Velez discusses how he and his team are growing a Latino banking franchise in South Florida. The post Podcast: How a Latin American banking franchise is growing in South Florida appeared first on ABA Banking Journal.
The 2024 Lenders Guide to Automating the Complex Loan
Advertisement
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.
Fed fines bank over flood insurance; IT worker cited for mishandling documents
American Banker
OCTOBER 3, 2024
The Federal Reserve issued two enforcement actions, one against a bank in Montana, the other against a former information technology employee in Wyoming.
Old National Bank CEO appointed chair of ABA’s American Bankers Council
ABA Community Banking
OCTOBER 3, 2024
ABA announced that James Ryan has been named chair of ABA’s American Bankers Council for the 2024-2025 membership year. The post Old National Bank CEO appointed chair of ABA’s American Bankers Council appeared first on ABA Banking Journal.
Cynical Appraisers Lose: The Benefits of an Optimistic Mindset
Realwired Appraisal Management Blog
OCTOBER 3, 2024
People think that cynicism is a sign of intelligence. It’s not. We often think of cynics as realists, those who see the world for what it truly is. They don’t. 85% of people think a cynic will be a better lie detector than a non-cynic. They’re wrong.
20 credit unions with the largest portfolios of credit card loans
American Banker
OCTOBER 3, 2024
The top five credit unions on this list have more than $36 billion in unsecured card loans and lines of credit.
How Unify Turned Month-End Mayhem Into a Growth Party With Automation!
Advertisement
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.
Sygnum launches Web3 wallet recovery solution with Safe
The Paypers
OCTOBER 3, 2024
Sygnum has introduced a web3 wallet recovery module built on Safe, leveraging the capabilities of the Safe{RecoveryHub} ecosystem.
How the US port strike affects banks
American Banker
OCTOBER 3, 2024
Coordinated strikes by dock workers along the Eastern Seaboard and the Gulf Coast could cause issues for banks that provide credit to foreign shipping groups and domestic trucking companies.
HSBC introduces new Embedded Finance venture
The Paypers
OCTOBER 3, 2024
UK-based financial services provider HSBC has announced the launch of its new jointly-owned Embedded Finance venture, SemFi by HSBC, intending to provide optimised solutions to business clients.
OCC backs banks in fight against Illinois interchange law
American Banker
OCTOBER 3, 2024
The OCC has filed a legal brief backing the banking industry's challenge to Illinois' Interchange Fee Prohibition Act, arguing the law would interfere with national banks' federal authority, fragment the national payment system and force banks to halt credit card usage in the state.
Is Your Current Card Platform Holding You Back?
Advertisement
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
Aryza Group acquires NTI
The Paypers
OCTOBER 3, 2024
Ireland-based developer of software solutions for the financial services industry Aryza Group has announced the acquisition of NTI , aiming to solidify its presence in the insolvency sector.
Visa launches platform to help banks issue stablecoins globally
American Banker
OCTOBER 3, 2024
The Visa Tokenized Asset Platform will allow banks to "mint, burn and transfer" tokens as more financial institutions and businesses express interest in how cryptocurrencies and blockchain technology can improve their operations.
Bankingly leaks data from seven financial institutions in Latin America
The Paypers
OCTOBER 3, 2024
Digital banking platform Bankingly has leaked data from seven financial institutions across Central and South America, which left clients exposed to phishing and social engineering attacks.
Credit union-bank merger lifts contentious deal tally to all-time high
American Banker
OCTOBER 3, 2024
OneAZ Credit Union in Phoenix said it would acquire 1st Bank Yuma in the record-setting 17th deal of 2024 involving a credit union buying a bank.
3 Ways Managed Device Services Help Community Banks Cut Costs
Advertisement
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
India's consumer spending to exceed the US's over three times by 2034
The Paypers
OCTOBER 3, 2024
Global technology company EBANX has revealed as part of its research that India is set to expand consumer spending by 2034, substantially surpassing the US.
Why is Bank Loyalty Dying? Listen to the Folks Around My Dinner Table
The Financial Brand
OCTOBER 3, 2024
This article Why is Bank Loyalty Dying? Listen to the Folks Around My Dinner Table appeared first on The Financial Brand. Want to know what’s eroding banking institutions’ moat? My evening spent defending banking's deposit products at Sunday dinner provided valuable and concerning perspectives. This article Why is Bank Loyalty Dying? Listen to the Folks Around My Dinner Table appeared first on The Financial Brand.
UK strengthens its role in the European fintech sector, report says
The Paypers
OCTOBER 3, 2024
A new Finch Capital report has revealed that the UK has solidified its position in Europe’s fintech industry, accounting for around two-thirds of the total deals made in the region.
Warren urges OCC to cap Citigroup's growth
American Banker
OCTOBER 3, 2024
In a letter to Acting Comptroller Michael Hsu, Democratic Sen. Elizabeth Warren urged the regulator to curtail the megabank's growth in response to its failure to improve its risk management programs.
5 Things Lenders Need to Know About Portfolio Loans & Their Documentation
Advertisement
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.
Let's personalize your content