Payments Dive

JANUARY 31, 2024

The industry faces more upheaval this year as legacy companies and upstart fintechs jockey for the upper hand, and regulators monitor the competition closely.

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Payments Regulation Fintech Industry 221

BankBazaar

JANUARY 31, 2024

While navigating a loan default can be challenging, understanding your rights and available options empowers you to make informed decisions. Here’s everything you need to know if you find yourself in this predicament. Repaying a loan and managing EMIs can sometimes become a challenging endeavour, potentially leading to concerns about defaulting. While defaulting is not an ideal situation, it’s important to recognise that it doesn’t mark the end of the road, nor does it brand you as a

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Payments Dive

JANUARY 31, 2024

“If a bank cannot secure its customers’ accounts, they are failing in their most basic duty,” New York Attorney General Letitia James said in a statement Tuesday.

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Jack Henry

JANUARY 31, 2024

As we kick off the new year, it’s always a great time to reflect on the past and look forward to the future. Strategizing is important for all organizations as many industries are reinvented by technology and reimagined by changing consumer needs. Amid banking trends, fintech trends, and other emerging factors, the financial services sector is no stranger to change.

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Trends User Experience Banking Trends Technology 97

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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

JANUARY 31, 2024

The expansion of the enforcement team is meant “to send a clear deterrent message to entities that are within our authority,” CFPB enforcement attorney Molly McOwen said.

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CFPB Monitor

JANUARY 31, 2024

New FCC rules under the Telephone Consumer Protection Act will mean big changes for businesses, particularly comparison shopping websites, lead generators, and other companies that regularly contact consumers via phone or text message. On February 20, 2024, from 1:00 p.m. to 2:00 p.m. ET, Ballard Spahr will hold a webinar in which members of the firm’s Telephone Consumer Protection Act Industry Group will discuss: The so-called “lead generator loophole” and the FCC’s efforts to close it.

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Comparison Groups Industry Company 88

BankInovation

JANUARY 31, 2024

Buy now, pay later provider Sunbit has raised $310 million from Citi and Ares Management credit funds for a debt warehouse facility. The company aims to use the money to deepen its penetration in automotive, dental and health care industries, co-founder and Chief Executive Arad Levertov told Bank Automation News.

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Industry Management Company Payments 74

CFPB Monitor

JANUARY 31, 2024

In a blog post published earlier this week titled “The CFPB’s enforcement work in 2023 and what lies ahead,” the CFPB discussed its 2023 enforcement activity and highlighted its plans to expand its enforcement capacity in 2024. The CFPB indicated that in 2023, it filed 29 enforcement actions and resolved through final orders 6 previously-filed lawsuits. .

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BankInovation

JANUARY 31, 2024

Google and Microsoft continued to roll out AI and generative AI-driven products as cloud revenue increased at both companies to close out 2023. Cloud revenue at Google reached $9 billion in Q4, up 26% year over year, according to its earnings release.

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Google Leadership Company 74

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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

CFPB Monitor

JANUARY 31, 2024

The scope of national bank preemption is currently before the U.S. Supreme Court in Cantero v. Bank of America, N.A. A New York statute requires the payment of interest on mortgage escrow accounts and the question before the Supreme Court is whether the National Bank Act (NBA) preempts application of the New York statute to national banks. .

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National New York America Payments 78

American Banker

JANUARY 31, 2024

In this month's roundup of top banking news: Truist Financial announces plans to shutter 4% of branch network, Fiserv pursues a special-purpose bank charter, Wells Fargo distributes a $1,000 bonus to lower-paid employees and more.

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America Payments 85

BankInovation

JANUARY 31, 2024

Luther Liang, director of product at Grasshopper Bank, will speak at Bank Automation Summit U.S. 2024 about new approaches to robotic process automation. Bank Automation Summit U.S. 2024 takes place March 18-19 at the Omni Nashville in Nashville, Tenn., and brings together industry experts to discuss innovation in AI, RPA, automation, machine learning and more.

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Nashville Innovation Industry Digital Banking 72

TheGuardian

JANUARY 31, 2024

Central bank said it was not appropriate to cut rates until it has ‘greater confidence that inflation is moving sustainably toward 2%’ The US Federal Reserve held interest rates steady for another month as the US inflation rate continues to fade from its highest level in a generation. Policymakers at the central bank, who have signaled they expect to cut rates three times this year, opted to keep rates steady at a 23-year high after their first two-day meeting of 2024.

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US Meeting 78

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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

JANUARY 31, 2024

Large and regional banks are taking different approaches to buybacks in light of the proposed new capital rules. Some plan to buy back stock at moderate levels this year, while others say they will to remain on the sidelines until there is more clarity about the reforms.

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Regional Capital Compliance Regulation 83

ATM Marketplace

JANUARY 31, 2024

Learn how to define your self-service objectives, understand key strategic steps in the ITM implementation process, explore functional considerations like staffing and core integration, dig into customer adoption and employee advocacy, and get actionable advice from financial industry leaders overseeing successful ITM deployments.

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Strategy Industry How To 64

American Banker

JANUARY 31, 2024

The risk of harm to users' financial health is much greater with direct-to-consumer advances than it is from earned wage access programs.

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Policies Compliance Regulation Fintech 83

Realwired Appraisal Management Blog

JANUARY 31, 2024

Platforms like YouConnect will play a pivotal role in successful remote work strategy for Chief Appraisers. As a Chief Appraisers or appraisal firm owner working remotely, how would you score your team’s effectiveness, productivity and happiness?

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Strategy 59

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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

JANUARY 31, 2024

U.S. consumers remain healthy despite several factors that weigh on their spending, said CEO Michael Miebach.

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Payments 87

Qudos Bank

JANUARY 31, 2024

Whether you’re looking to save on interest fees or seeking more flexible terms, refinancing your home loan could be the right move to optimise your financial standing. In fact, refinancing has led to an upwards trend among Australians in the past three years and hitting a soaring rate of 13.8% in the 2023 financial year [1]. If you’re looking to refinance for 2024, we’ve broken down your top five questions to consider, helping you make the best choice for your homeowner needs.

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Meeting Marketing Video Online 52

American Banker

JANUARY 31, 2024

In this month's roundup of popular tech news: SEC responds to successful hack on its X account, community banks get closer to fintech hubs, the Office of the Comptroller of the Currency weighs in on Blue Ridge Bancshares and more.

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Fintech Community Bank Community Industry 60

The Paypers

JANUARY 31, 2024

Fintech Galaxy has announced the launch of FINX Comply, a set of Open Banking compliance services for customers and clients in the region of the UAE.

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Fintech Regional Compliance 48

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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

JANUARY 31, 2024

The parent company of Flagstar Bank surprised investors by slashing its dividend, charging off two large real-estate loans and preparing for more trouble in the office and multifamily sectors.

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New York Community Company Lending 60

The Paypers

JANUARY 31, 2024

SellersFi has launched a financial solution with Amazon Lending to provide ecommerce sellers and customers with more secure capital to grow their businesses.

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Lending Capital Security 45

American Banker

JANUARY 31, 2024

The Seattle-based buyer now expects to finalize the deal in February, gaining entrance to California and eclipsing $30 billion of assets. The acquisition had initially been slated to close in mid-2023.

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Seattle California Security Community Bank 45

The Paypers

JANUARY 31, 2024

TrueLayer has announced its partnership with Worldline in order to offer instant payouts, deposits, and signups through the Worldline Payment Orchestration.

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Payments 45

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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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