Payments Dive

MAY 7, 2024

When it comes to bridging the FedNow and RTP networks, officials at the Federal Reserve and The Clearing House have slightly different priorities.

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South State Correspondent

MAY 7, 2024

On April 26, 2024, Republic First Bank (DBA Republic Bank) was seized by state regulators and the long running bank drama came to an end. With the assistance of the FDIC, Fulton Financial acquired certain assets, debt and deposits of Republic Bank. This first bank failure in 2024 is reported to cost the Deposit Insurance Fund $667mm. A slew of articles have been published explaining the reason for this bank’s failure.

Risk Management 195

Risk Management Security Management Groups 195

Payments Dive

MAY 7, 2024

While some earned wage access providers use real-time payments to make distributions to employees, the big payroll services provider ADP doesn’t see employers gravitating to that option.

Payments 195

Payments 195

BankInovation

MAY 7, 2024

Chime Financial was fined $3.25 million by the Consumer Financial Protection Bureau today as the digital bank has failed to give timely consumer refunds. According to Chime’s refund policy, the company is required to issue consumer refunds within 14 days.

Policies 118

Policies Digital Banking Company Payments 118

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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.

Groups

Payments Dive

MAY 7, 2024

The test offering provides buy now, pay later financing to a limited number of users of Block’s Cash App debit card for “a small fee.

Cards 195

Cards 195

BankBazaar

MAY 7, 2024

BankBazaar.com, India’s leading fintech co-branded Credit Card platform and online platform for free Credit Score, marks its third consecutive year of fast and sustainable growth, with an unaudited operating revenue of Rs.215 Crore in FY24. This growth trajectory is driven by the company’s new and existing strategic partnerships for co-branded Credit Cards with leading commercial banks.

Branding 78

Branding Cards Fintech Leadership 78

William Mills

MAY 7, 2024

The PR industry is constantly evolving to keep up with new technologies, media platforms, and consumer preferences. As PR pros, staying ahead of the latest trends and practices is key to crafting successful campaigns. Here’s a look at six trends we’re tracking this year.

Trends 82

Trends Industry Technology Data 82

American Banker

MAY 7, 2024

Federal Reserve Chair Jerome Powell said there have been "no decisions" on the controversial capital reform plan, but banks and others who have criticized the proposal are eager for an indication about what's next.

Regulation 95

Regulation Capital FDIC Policies 95

ATM Marketplace

MAY 7, 2024

Want your ATM to succeed? Consider adding these five essential features.

ATM 104

ATM 104

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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

Community Bank

American Banker

MAY 7, 2024

The full House is scheduled to vote Wednesday on a Congressional Review Act resolution that would overturn a staff accounting bulletin from the Securities and Exchange Commission. Banks argue that the guidance would effectively cut them out of the crypto custody business.

Security 88

Security Policies cryptocurrency Compliance 88

BankInovation

MAY 7, 2024

Payments behemoth Mastercard uses APIs to develop a wider range of products for business clients. The company processes roughly 125 billion transactions annually and managing data flow through APIs makes Mastercard’s operations efficient, Chad Wallace, executive vice president of B2B solutions, tells Bank Automation News on this episode of “The Buzz” podcast.

Operations 69

Operations Data Management Payments 69

American Banker

MAY 7, 2024

Thousands of consumers had to wait more than 90 days for funds after their accounts were suddenly closed, according to the Consumer Financial Protection Bureau.

Lending 83

Lending Fintech 83

BankInovation

MAY 7, 2024

NEW YORK — Tech provider FIS debuted its embedded finance platform, Atelio, in its Investor Day presentation today as its tech leaders discussed growth strategies.

New York 69

New York Software Tools Strategy 69

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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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American Banker

MAY 7, 2024

By training a core payment card fraud-detection platform on more than 15 billion transactions, the card network is honing the accuracy of warnings sent to issuers about suspicious purchases.

Fraud 81

Fraud Cards Training Payments 81

TheGuardian

MAY 7, 2024

Treasury committee says ‘debanking’ and use of personal guarantees for loans is putting small businesses at risk Unfair banking practices and “damaging” financial regulators are harming small businesses and putting innovation and growth at risk, parliament’s Treasury committee has warned. A report from the committee’s inquiry into access to finance for small and medium-sized enterprises (SMEs) said a lack of supportive policies were compounding problems for firms that had survived a “torrid” fiv

Policies 73

Policies Regulation Innovation Report 73

American Banker

MAY 7, 2024

Rep. Andy Barr, R-Ky., is introducing a bill to establish an Office of Supervisory Appeals at each of the banking regulators and that would give banks more power over the appeals process.

Regulation 78

Regulation Policies Compliance 78

BankInovation

MAY 7, 2024

Bank Automation News is pleased to announce that the inaugural Bank Automation Summit Europe 2024 will take place Oct. 7-8 in Frankfurt, Germany, at the Hilton Frankfurt.

Management 65

Management Marketing 65

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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.

Analysis

American Banker

MAY 7, 2024

As the Federal Housing Finance Agency considers revising Federal Home Loan bank membership standards, it should consider the benefits of scale that large member banks make possible.

Community Bank 74

Community Bank Community Compliance Lending 74

TheGuardian

MAY 7, 2024

Rachel Reeves missed a chance to recast a policy that cuts government spending while shovelling state cash into private banks The Labour party has in mind new institutions that will capitalise future-facing industries, create good jobs and see Britain catch up with its peers. That is one message from Rachel Reeves’s speech. Her Labour colleague John Eatwell suggests she is inspired by Alexander Gerschenkron, whose seminal work concludes that the way the state was organised influences its ability

Policies 66

Policies Meeting Industry Technology 66

BankInovation

MAY 7, 2024

Bank Automation News is pleased to announce that the inaugural Bank Automation Summit Europe 2024 will take place Oct. 7-8 in Frankfurt, Germany, at the Hilton Frankfurt.

Management 52

Management Marketing 52

American Banker

MAY 7, 2024

Cybersecurity leaders for Visa, Deluxe and Fiserv said powerful cloud players have been unresponsive to their requests to monitor the vendors' security postures.

Security 50

Security Payments Cyber Security Technology 50

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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.

Lending

BankInovation

MAY 7, 2024

Bank Automation News is pleased to announce that the inaugural Bank Automation Summit Europe 2024 will take place Oct. 7-8 in Frankfurt, Germany, at the Hilton Frankfurt.

Management 52

Management Marketing 52

Commercial Lending USA

MAY 7, 2024

Companies can find Commercial Lending USA, which helps them pick the best plan for their company. Private lenders vs.

Lending 52

Lending Company 52

American Banker

MAY 7, 2024

Custodia Founder and CEO Caitlin Long says the Federal Reserve has rewritten the rules around accessing the government's payments system. The central bank and a federal court judge disagree.

System 50

System Payments Technology 50

The Paypers

MAY 7, 2024

Visa has announced its partnership with J.P. Morgan Payments in order to provide faster money movement for customers in the US through Visa Direct.

Payments 48

Payments US 48

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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.

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