Perficient

NOVEMBER 4, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility. The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks.

FDIC 221

FDIC Regulation Risk Management Compliance 221

Payments Dive

NOVEMBER 4, 2024

Some of the corporate investors are also partnering with the accounts payable and receivable company they’re backing.

Capital 395

Capital Company 395

South State Correspondent

NOVEMBER 4, 2024

Over the last few years we have published various articles on the pros and cons of commercial loan prepayment provisions, how those prepay provisions impact marketing and sales, loan prepayment speeds, and the relationship between prepayment provisions and customer return on equity (ROE) (some of the recent articles are here , here , and here ). We are seeing more community banks incorporating prepayment provisions in commercial loans (especially for fixed-rate pricing).

Community Bank 195

Community Bank Community Strategy Marketing 195

Abrigo

NOVEMBER 4, 2024

Ongoing monitoring is more than just a regulatory requirement Suspicious activity monitoring is a cornerstone of a robust AML/CFT program, as emphasized in the FFIEC BSA Examination Manual. This critical function helps protect the U.S. financial system from misuse for money laundering, terrorist financing, and other financial crimes. Both FinCEN and federal banking regulatory agencies mandate ongoing monitoring for suspicious activity as part of the overall AML/CFT program.

Training 195

Training Compliance System Regulation 195

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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

Payments Dive

NOVEMBER 4, 2024

The deal will expand the offerings available through Paytronix’s platform and help accelerate its growth, executives said.

Groups 221

Groups 221

Payments Dive

NOVEMBER 4, 2024

The digital currencies could simplify cross-border payments, but consumers are wary of using them, payments and fintech executives say.

Fintech 195

Fintech Payments 195

BankBazaar

NOVEMBER 4, 2024

Choosing a paid Credit Card can enhance your financial well-being through superior rewards, exclusive perks, and improved customer service – often making it worth the annual fee. Are you grappling with the decision of whether to opt for a paid Credit Card with an annual fee or a lifetime-free card? While the allure of a no-fee Credit Card is understandable, there are several compelling reasons why a paid Credit Card may offer better long-term benefits.

Cards 78

Cards Security Fraud Examples 78

American Banker

NOVEMBER 4, 2024

Decentralized digital ledgers offer financial services supervisors extraordinary access to information while eliminating concerns about information reliability. That should be reflected in regulatory attitudes toward crypto.

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cryptocurrency Tools Regulation Policies 77

The Paypers

NOVEMBER 4, 2024

South Korea-based KakaoBank has announced its partnership with SCBX in order to open an internet bank for clients and users in the region of Thailand.

Regional 73

Regional 73

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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.

Lending

American Banker

NOVEMBER 4, 2024

It is nonsensical for the government to sue one of the leading lenders in an underserved minority community as a means of encouraging more lending in that community.

Community 74

Community Lending Policies Compliance 74

The Paypers

NOVEMBER 4, 2024

Cryptocurrency exchange Bitget has launched Bitget Pay, a new contactless, peer-to-peer payment service exclusive to the Bitget App.

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cryptocurrency Payments 67

American Banker

NOVEMBER 4, 2024

Multiple lenders filled leadership roles across the country, including National Bankshares in Virginia, while Peoples Financial in Pennsylvania said its CEO would step down.

Community Bank 67

Community Bank Pennsylvania Virginia Community 67

The Paypers

NOVEMBER 4, 2024

HitPay has launched a single switch for secure and fast cross-border payments, aiming to provide access to 10 global real-time payment schemes.

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Security Payments 53

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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

NOVEMBER 4, 2024

The Consumer Financial Protection Bureau will soon have to defend its interpretive buy now/pay later rule in court following an industry advocacy group lawsuit. Here's what's at stake.

Groups 36

Groups Industry Compliance Regulation 36

The Paypers

NOVEMBER 4, 2024

Financial API platform Salt Edge has teamed up with Spire to assist the Central Bank of Bahrain (CBB) in advancing Corporate Banking with Open Banking.

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American Banker

NOVEMBER 4, 2024

Potential new Senate Finance Committee Chair Sen. Mike Crapo, R-Idaho, has suggested a potential workaround to offset the cost of extending the Tax Cuts and Jobs Act.

Idaho 36

Idaho Taxes DC Washington 36

The Paypers

NOVEMBER 4, 2024

The Fast Identity Online ( FIDO ) Alliance has published its fourth annual Online Authentication Barometer, which includes insights into the state of online authentication and security across ten countries.

Online 36

Online Security 36

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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

American Banker

NOVEMBER 4, 2024

Few banks are listening to what their customers are saying on Reddit, but the site can help them spot customer complaints and develop content that dispels misinformation.

Customer Experience 31

Customer Experience Technology 31

The Paypers

NOVEMBER 4, 2024

Regula , a worldwide developer of forensic devices and identity verification solutions, has released its new survey which underlines the financial impact of deepfake fraud.

Survey 36

Survey Fraud 36

American Banker

NOVEMBER 4, 2024

Leaders at financial institutions said borrower demand should pick back up, if slowly, following Tuesday's vote.

Policies 28

Policies Lending 28

The Paypers

NOVEMBER 4, 2024

Broadridge Financial Solutions has launched ClearFi, a digital asset disclosure platform designed to assist financial intermediaries in meeting regulatory requirements.

System 36

System Meeting 36

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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.

Course

The Financial Brand

NOVEMBER 4, 2024

This article Will Nonbank Intermediaries Tip the Balance Towards Instant Payments? appeared first on The Financial Brand. Marketplaces like Amazon and Walmart.com capture more and more consumer payments, but so are growing ranks of specialized vertical providers. This article Will Nonbank Intermediaries Tip the Balance Towards Instant Payments? appeared first on The Financial Brand.

Payments 17

Payments Branding Report Trends 17

The Paypers

NOVEMBER 4, 2024

International money app Zing and Visa ’s Tink have announced the launch of automatic and one-tap top-ups for all Zing members through the use of Open Banking.

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36

The Financial Brand

NOVEMBER 4, 2024

This article Move Beyond Traditional Marketing to Embrace AI-Driven Personalization appeared first on The Financial Brand. Consumers expect contextual personalization across channels and in real-time. Olly Downs from Curinos discusses the opportunities and challenges of direct engagement. This article Move Beyond Traditional Marketing to Embrace AI-Driven Personalization appeared first on The Financial Brand.

Marketing 15

Marketing Branding 15

The Paypers

NOVEMBER 4, 2024

Unit21 has provided an overview of the current and future impacts of fraud and AML across banks and fintechs in its third annual State of Fraud and AML report.

Fraud 36

Fraud Fintech Report Company 36

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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

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