Payments Dive

MARCH 7, 2024

“Apple is trying to cynically kill off developers that stand up to them,” Epic Director of Public Policy Leo Rees said Wednesday.

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Apple Policies 417

South State Correspondent

MARCH 7, 2024

By now your bank is likely convinced on the merits of generative AI. Microsoft’s Office 365 CoPilot, the integration of the Microsoft version of OpenAI’s Chat GPT into the Office suite, represents the fastest, and likely safest way, to integrate the latest technology within your bank. Earlier this year, Microsoft dropped the 300 licenses minimum (and other requirements) and now every bank should consider the technology.

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Training Data Tools Technology 195

Payments Dive

MARCH 7, 2024

With its acquisition of the card network, Capital One seeks to elevate Discover’s brand while also working to expand its acceptance abroad.

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Capital Branding Cards 397

Gonzobanker

MARCH 7, 2024

It happened this week: Fintech Meetup , one of the newer trade events that brought 4,000 or so fintech and banker types to Las Vegas. The striking thing about the conference was not the magician hired to walk around the booths during Monday’s reception or the illustrator seated right next to a sign created by artificial intelligence on Sunday’s welcome gathering, it was the event’s meeting pit: a section in the exhibit hall that was dedicated to taking short meetings that the mobile app as

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Las Vegas Fintech Conference San Francisco 156

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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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Payments Dive

MARCH 7, 2024

Alex Chriss aims to use the company’s faster-growing unbranded Braintree business to give a boost to the legacy PayPal brand.

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Branding Company 221

BankInovation

MARCH 7, 2024

TD Bank is targeting microbusiness payments with the launch of its Tap-to-Pay solution that helps turn iPhones into point-of-sale machines. The solution will be rolled out across the U.S.

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Payments Apple Mobile 72

CFPB Monitor

MARCH 7, 2024

The plaintiffs and intervenors in the lawsuit filed in a Texas federal district court challenging the CFPB’s final small business lending rule implementing Section 1071 of Dodd-Frank (Rule) have filed a consolidated motion for summary judgment. The plaintiffs in the lawsuit are the Texas Bankers Association, Rio Bank, McAllen, Texas, and the American Bankers Association. .

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Texas Lending Data 78

American Banker

MARCH 7, 2024

To serve an increasingly online audience, POS Nation has acquired agriculture e-commerce platform GrazeCart, an example of vendors joining forces to adapt to shifts in the agriculture industry.

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Marketing National Examples Payments 78

BankInovation

MARCH 7, 2024

Academy Bank is investing in AI this year to ensure that its operations are more efficient and more useful for the end user. “Our top goal for the year is to innovate for success, and AI is really at the center of that,” Chief Executive Paul Holewinski told Bank Automation News.

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Innovation Operations 67

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Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.

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American Banker

MARCH 7, 2024

Net income at the nation's more than 4,000 banks dipped markedly in the final quarter of 2023, though for the full year it exceeded pre-pandemic averages. Deterioration in commercial real estate and credit card lending is a concern, FDIC Chairman Martin Gruenberg says.

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FDIC Report Lending National 73

ABA Community Banking

MARCH 7, 2024

The banking industry reported full-year 2023 net income of $256.9 billion, down $6 billion, or 2.3%, from the prior year, but still well above the pre-pandemic average, according to the FDIC’s most recent Quarterly Banking Profile. The post Quarterly Banking Profile: Banking net income nearly $257B in 2023 appeared first on ABA Banking Journal.

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Industry Report FDIC Community Bank 52

American Banker

MARCH 7, 2024

The New York bank has deployed generative artificial intelligence from Greenlite to help analysts do enhanced due diligence on clients with higher risk ratings.

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Compliance New York Technology 74

ABA Community Banking

MARCH 7, 2024

Bankers look back on the bank failures of spring 2023 and share some lessons learned and strategies for success. The post Stress tested appeared first on ABA Banking Journal.

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Strategy System Community Bank Community 52

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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American Banker

MARCH 7, 2024

The lawsuit against the Consumer Financial Protection Bureau was filed just two days after the bureau finalized a rule to cut credit card late fees to $8 from $32.

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Cards Groups 69

The Paypers

MARCH 7, 2024

France-based omnichannel payment solution Payplug and Cartes Bancaires (CB) have announced the launch of a service that intends to improve payments for e-merchants.

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Payments 48

American Banker

MARCH 7, 2024

In his State of the Union address, President Joe Biden touted the Consumer Financial Protection Bureau's credit card late fee rule, which has sparked litigation from banking groups, and a raft of housing policy initiatives.

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Policies Groups Cards Compliance 60

The Paypers

MARCH 7, 2024

UK-based international payments service provider Ecommpay has announced its plans to present its full-stack payment solution at the Merchant Payments Ecosystem (MPE) event.

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Payments 45

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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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American Banker

MARCH 7, 2024

During a contentious exchange on his second day of congressional testimony this week, the Federal Reserve chair drew a line between the central bank's response to last year's bank failures and its current capital proposal.

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Capital Policies Compliance Regulation 41

The Paypers

MARCH 7, 2024

Payment orchestration platform PayTabs has integrated key national payment methods in The Kingdom of Saudi Arabia (KSA) to complete its payment platform.

Payments 48

Payments National 48

The Emmerich Group

MARCH 7, 2024

I believe that when middle managers master management, the resulting breakthroughs are profound and sustainable. In this episode, I’m going to share with you how to overcome what I call “the middle management breakdown”—the block that keeps executives’ dreams from being the reality executed by the front-line team members. If you’re the kind of leader who worries that perhaps your managers act more like “individual contributors” and don’t do nearly enough to maximize the results of their team m

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Video Management How To Training 36

The Paypers

MARCH 7, 2024

Insurance company Allianz Trade has announced the launch of a new range of services, Allianz Trade pay, customised for Business-to-Business (B2B) ecommerce activities.

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Company 45

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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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American Banker

MARCH 7, 2024

The Long Island bank plans to balance its loan mix and fix its risk controls. But following a large capital injection led by two former Trump administration officials, the new leadership is asking for more time to formulate its strategy.

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Leadership Strategy Capital Risk Management 36

The Paypers

MARCH 7, 2024

Mastercard and First Abu Dhabi Bank have announced an exclusive long-term global partnership, building on their collaboration in the EEMEA region.

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Regional 48

American Banker

MARCH 7, 2024

The Senate Banking Committee for the second time has advanced Ron Borzekowski's nomination to lead the Office of Financial Research in the Treasury Department. The nomination languished amid partisan opposition last year.

Policies 36

Policies 36

The Paypers

MARCH 7, 2024

Hong Kong-based Mox has announced its partnership with Wise to launch low-cost, secure, and transparent international payments directly from the Mox application.

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Security Payments 45

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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

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