Thu.Feb 27, 2025

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Beyond Altruism: Turning Financial Wellness into a Bank Profit Center

Jeff For Banks

Discover how financial institutions can transform financial wellness from a cost center to a profit center. Learn strategies for implementing successful Financial Wellness Centers (FWCs). Introduction In an era where financial security is increasingly elusive, many banks tout 'financial literacy' as a core mission. But is it truly making a difference?

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6 Digital Banking Trends for 2025

Perficient

As we progress through 2025, the banking industry is set for substantial transformation driven by several key trends. Digital transformation will remain a powerful force, with advancements in AI and machine learning enabling unparalleled operational efficiencies and hyper-personalized customer experiences. Banks will look to transform the way they do business by moving beyond their walls with the maturing of open banking and embedded finance.

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FedNow boosts send option to $1M

Payments Dive

Starting this summer, the Federal Reserve’s real-time payments system will let banks send payments up to $1 million, twice the amount of the existing limit.

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Wire fraud: What it is and how to prevent it

Abrigo

Wire fraud is the second highest fraud scam impacting financial institutions As fraudsters continue to refine their tactics, financial institutions must remain vigilant to protect both their clients and employees from evolving wire fraud schemes. A single misstepwhether its sending funds to a fraudulent account or clicking on a compromised emailcan lead to severe financial losses and reputational damage.

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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Marqeta replaces CEO, makes acquisition

Payments Dive

The embedded payments and digital card company agreed to buy European electronic payments provider TransactPay for about $47 million and swapped out its CEO for a Visa alum.

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More Trending

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Gen Z uses BNPL more than credit cards, survey shows

Payments Dive

A J.D. Power survey of about 4,300 U.S. consumers found that more of them used buy now, pay later products than credit cards during the holiday shopping season last year.

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Global financial centre and its regulators: what’s the strategy when everyone wants to be the top dog?

BankUnderground

Carlos Can Salazar, John Thanassoulis and Misa Tanaka Several global financial centres, including London, Hong Kong and Singapore, are overseen by financial regulators with an objective on competitiveness and growth. In a recent staff working paper , we develop a theoretical model to show that some competitive deregulation can arise when several regulators are focused on growth, though not a race-to-the-bottom: regulators will not lower regulations to levels favoured by banks if the costs of fin

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Democrats needle McKernan at nomination hearing

Payments Dive

Given recent turmoil at the CFPB, Sen. Elizabeth Warren said Jonathan McKernan – nominated to lead the agency – seems “lined up to be the No. 1 horse at the glue factory.

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Podcast: The rise of a celebrated American banker

ABA Community Banking

A century ago, in March 1925, Charles G. Dawes was sworn in as vice president of the United States. Being elected vice president of the United States as Dawes was, alongside Calvin Coolidge, in a landslide is usually a career pinnacle for an American politician, but Dawes vice presidency turned out to be more of a footnote in his eventful life. The post Podcast: The rise of a celebrated American banker appeared first on ABA Banking Journal.

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Stripe bids for worker shares in offer worth $91.5B

Payments Dive

The payments processing company will join with some of its investors to buy stock from current and former employees, Stripe said Thursday.

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Accountabilibuddies: The Power of Mutual Accountability [VIDEO]

The Emmerich Group

I hear the same thing everywhere I go”We need to build an accountability culture!” Great idea, right? But heres the problem: weve been saying this for decades, and most organizations havent moved the needle. So why do we keep talking about the same issue without fixing it? Ive got a couple of ideas. Why Accountability Efforts Fail First, one big mistake organizations make is bringing in brand-new training, then immediately holding everyone accountable before theyve had any time to de

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Mastercard taps State Dept official for top role

Payments Dive

Richard Verma will rejoin the company this spring as chief administrative officer, overseeing legal and government affairs, Mastercard said Wednesday.

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Puerto Rico's Popular names successor to its retiring CEO

American Banker

The island's largest bank promoted President Javier Ferrer to CEO, effective July 1. He will succeed Ignacio Alvarez, who will retire from the company at the end of June.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Trends in Payment Testing: 2025

ATM Marketplace

Trends in Payment Testing: 2025

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Exclusive: Flexa launches crypto tap-to-pay, no app required

American Banker

Flexa's new tap-to-pay function is the first cryptocurrency contactless payment option that does not require an app or the internet to function.

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Evolution of Payment Systems and the Future of Access to Money

ATM Marketplace

A brief review of Payment Systems worldwide and the possible uncertain scenarios that access to cash faces in advanced and digitalized societies

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BNY partners with OpenAI to improve its services and AI platform

The Paypers

The Bank of New York Mellon Corporation ( BNY ) has partnered with OpenAI over a multi-year agreement to accelerate AI innovation in financial services.

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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

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BNY to give employees advanced version of OpenAI's ChatGPT

American Banker

The New York bank will integrate ChatGPT Enterprise with its existing large language model framework, Eliza.

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BANCOMAT acquires controlling stake in FlowPay

The Paypers

BANCOMAT , an Italy-based payment services provider, has signed a binding agreement to acquire a controlling stake in FlowPay , a fintech company specialising in Open Banking and digital payment solutions.

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What Stripe's new $91 billion valuation means for payments

American Banker

As the company asserts profitability and focuses on AI-powered checkout, its $95 billion high-water mark from the pandemic-era 2021 bubble is in sight, providing clues about broader investor demand.

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Belvo rolls out Biometric Pix in Brazil

The Paypers

Belvo, an Open Finance infrastructure provider, has announced its plans to roll out Biometric Pix, intending to further optimise instant payments in Brazil.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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How big of a problem is debanking? No one knows for sure

American Banker

Lawmakers and regulators are cracking down on banks closing consumer accounts, but neither banks nor regulators have hard numbers on how big of a problem debanking really is or why accounts are closed.

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Airwallex launches operations in New Zealand

The Paypers

Financial platform Airwallex has launched its operations in New Zealand, expanding its presence in the Asia-Pacific region.

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Crypto debanking, Musk's DOGE: Top tech news February 2025

American Banker

Read more about cryptocurrency players struggling to access banking services and Elon Musk's weaponization of the Department of Government Efficiency.

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Checkout.com partners with Mastercard Move

The Paypers

Checkout.com and Mastercard have revealed that they are optimising their existing partnership to facilitate money transfers for individuals and businesses in the UAE.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.