American Banker
MAY 29, 2024
The Securities and Exchange Commission's overly broad expansion of the Dealer Rule is only the latest example of the agency's yearslong effort to stifle innovation in a vibrant and growing industry.
Payments Dive
MAY 29, 2024
Roughly 72% of consumers say they swipe, dip or tap a debit card at the point of sale, a larger portion than credit cards, checks and digital wallets, according to a consumer survey by research firm J.D. Power.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
TheGuardian
MAY 29, 2024
The FCA is considering opening a compensation scheme for customers after an influx of complaints When Gary Hill took out a £12,500 loan to pay for a new family vehicle in late 2014, he had no idea that the north London dealership he had travelled to from his home in Bedfordshire could have sway over his monthly payments. But the 45-year-old was in a bind, having started a new job that no longer gave him access to a company car.
Payments Dive
MAY 29, 2024
The Stockholm-based buy now, pay later company said more than a third of its first-quarter savings on sales and marketing expense was attributable to artificial intelligence.
Advertisement
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.
American Banker
MAY 29, 2024
The retail giant has scrapped its credit card partnership with Capital One, its second public spat in recent years with a partner bank. Analysts say it may be a sign that Walmart wants to launch its own credit card on what it hopes will be a financial super-app.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankInovation
MAY 29, 2024
Cache Valley Bank has selected fintech Finastra for its core banking and digital banking offerings. The Logan, Utah-based bank will use the tech provider’s core banking platform, Fusion Phoenix, and its mobile banking platform, Fusion Digital Banking, for commercial and retail banking clients, according to a May 16 release from Finastra.
American Banker
MAY 29, 2024
Leaders of financial institutions and industry trade groups are working together to provide impacted communities across the U.S. with basic necessities and quick, online emergency loans.
ABA Community Banking
MAY 29, 2024
The banking industry reported net income of $64.2 billion in the first quarter of 2024, an increase of $28.4 billion or 79.5% from the previous quarter, according to the FDIC’s most recent Quarterly Banking Profile released today. The figure was down from Q1 2023, when FDIC-insured banks and savings institutions earned $79.8 billion.A 13.3% decline […] The post Quarterly Banking Profile: Banking net income $64.2 billion in Q1 2024 appeared first on ABA Banking Journal.
American Banker
MAY 29, 2024
The Swedish financial institution argues over potential regulations that treat buy now/pay later lending like credit cards in the U.S.; Discover seeks the next hot market for real-time payments; and more.
Advertisement
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
The Paypers
MAY 29, 2024
Copenhagen-based ZTLment has announced the rise of a EUR 2.4 million funding round in order to replace outdated banking infrastructures and solutions.
American Banker
MAY 29, 2024
The Toronto-based company's U.S. banking segment continues to face headwinds from muted loan growth and higher deposit pricing. Net income for the division tumbled by more than 25% last quarter.
The Paypers
MAY 29, 2024
Singapore-based all-in-one finance platform Aspire has announced it secured a Money Service Operator (MSO) licence from the Hong Kong Customs and Excise Department.
American Banker
MAY 29, 2024
A reader takes issue with a column by the agency's former director in which she criticized its analysis of the consumer credit card market.
Advertisement
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.
The Paypers
MAY 29, 2024
Triple-A , a digital currency financial institution, has announced the incorporation of PayPal USD (PYUSD) into its payment services.
American Banker
MAY 29, 2024
The Illinois state legislature, as part of an agreement with retailers to raise state tax revenue, passed a budget bill that would bar the collection of interchange fees on sales taxes, excise taxes and tips for transactions that would be subject to Illinois sales taxes.
The Paypers
MAY 29, 2024
Global provider of trade finance solutions Surecomp has announced the completion of electronic bills of lading (eBL) transactions by merging several parties into its platform RIVO.
Image Works Direct
MAY 29, 2024
Jennifer Lopez spent 10 years in local journalism with a grueling work schedule and decided to shift her career to marketing to be able to spend more time with her son. She worked for a full-service marketing agency for a year before she started at LUSO Federal Credit Union in February 2018 as their Marketing Manager.
Advertisement
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.
The Paypers
MAY 29, 2024
AMLYZE , a RegTech firm specializing in anti-financial crime, has announced a strategic partnership with Aura Cloud , a provider of next-generation AI digital banking platforms.
American Banker
MAY 29, 2024
Beth Hammack, who stepped down as the bank's co-head of global finance earlier this year, will take the helm as President of the Federal Reserve Bank of Cleveland later this summer following the retirement of longtime President Loretta Mester.
The Paypers
MAY 29, 2024
Global provider of payment services Worldline has signed an agreement with Banque Raiffeisen to allow the latter to leverage its cloud-based instant payments solution in Luxembourg.
The Emmerich Group
MAY 29, 2024
Do you agree that high quality customers love high quality attention ? Let’s explore how you can transform your safety and profitability by creating the kind of differentiation that attracts the highest quality credits and makes price irrelevant. If you think that the best customers get the best pricing because everyone wants them, then you have to watch this episode because it can and is being done.
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.
The Paypers
MAY 29, 2024
Mastercard has announced its partnership with EagleLion in order to drive digital payment development for customers and businesses in Ethiopia.
American Banker
MAY 29, 2024
A federal judge in Texas is locked in a back-and-forth with an appeals court over whether the industry's challenge to a cap on credit card late fees should be moved to Washington, D.C.
The Paypers
MAY 29, 2024
Rewards network Ascenda has announced its partnership with Ramp , aiming to offer the latter’s customers more options for redeeming points on US spending.
American Banker
MAY 29, 2024
The Federal Deposit Insurance Corp.'s Quarterly Banking Profile for Q1 showed that banks' net income margins got a boost, but FDIC Chair Martin Gruenberg said concerns around inflation, interest rate volatility and geopolitical uncertainty could mean tougher quarters ahead.
Advertisement
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.
Expert insights. Personalized for you.
94 
Let's personalize your content