BankUnderground

OCTOBER 10, 2024

Aly Soliman The insurance industry, sometimes perceived as slow to innovate, might witness a major transformation. Blockchain technology, known for its secure and transparent digital ledger, has the potential to revolutionise traditional insurance operations. This shift could potentially streamline processes, introduce new insurance models and products, and help manage emerging risks better.

blockchain 62

blockchain Industry Policies Security 62

Payments Dive

OCTOBER 10, 2024

Gov. Kathy Hochul signed a new law Wednesday requiring merchants to use a gun code, saying it could help prevent mass shootings.

New York 448

New York 448

Jack Henry

OCTOBER 10, 2024

We’ve reached the final day of Jack Henry™ Connect, and what a week it’s been! The energy throughout this conference has been nothing short of electric.

Conference 97

Conference 97

American Banker

OCTOBER 10, 2024

The sweeping enforcement actions will be a watershed event for TD's U.S. subsidiary, which had previously been a promising growth engine.

Compliance 87

Compliance Regulation 87

Advertisement

Remote Deposit Capture (RDC) clients are more likely to use additional treasury services and maintain larger deposits. However, poor customer experiences—particularly if they delay deposits—can compel RDC clients to take their business elsewhere. This eBook makes the case for outsourcing RDC operations to a proven managed services partner. This approach helps Treasury Departments with limited resources provide excellent client experiences that result in higher retention and productivity rates.

Operations

The Paypers

OCTOBER 10, 2024

Stripe has announced its partnership with NVIDIA in order to optimise its AI-powered capabilities and expand worldwide access to the latter’s AI platform.

78

78

The Paypers

OCTOBER 10, 2024

Aeropay has announced its partnership with Worldpay in order to optimise gaming payments for operators and players in the region of the US.

Payments 77

Payments Regional US Operations 77

American Banker

OCTOBER 10, 2024

The Canadian bank's stateside retail operations will be hamstrung by a massive anti-money-laundering settlement. But executives said the company can lean on both its Wall Street business and lines of revenue north of the border.

Retail 81

Retail Operations Company Compliance 81

TheGuardian

OCTOBER 10, 2024

Reports say Georges Elhedery’s plans part of restructure that would lead to merging global and commercial units The new boss of HSBC is reportedly readying to cut the jobs of some of the bank’s most expensive senior bankers in a move that could save as much as $300m (£229m) in costs. Georges Elhedery, who took over as chief executive last month, is planning to remove a layer of senior bankers as part of a restructure that would result in the bank’s global banking and commercial banking units mer

Report 75

Report 75

American Banker

OCTOBER 10, 2024

The Canadian bank is indefinitely prohibited from growing assets at its two U.S. subsidiaries as the result of a sweeping settlement over money laundering violations. While only the second imposition of such a penalty ever, experts say it will not be the last.

Compliance 80

Compliance Regulation 80

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.

Groups

The Paypers

OCTOBER 10, 2024

Digital payments provider Network International has announced the launch of a series of in-person payment services in Kenya, aiming to boost commerce in the region.

Payments 69

Payments Regional 69

American Banker

OCTOBER 10, 2024

The investing platform disclosed a data breach this week, offering few details on the impact or how customer accounts could cause such damage.

Data 74

Data Cyber Security Security Technology 74

The Paypers

OCTOBER 10, 2024

Telecom provider Ooredoo has entered into a strategic partnership with Qatar Islamic Bank (QIB) to introduce an AutoPay service via the QIB Mobile App.

Payments 68

Payments Mobile 68

Commercial Lending USA

OCTOBER 10, 2024

Obtain an SBA loan for commercial property with experienced advice from Commercial Lending USA to build your business.

Lending 59

Lending 59

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

Community Bank

The Paypers

OCTOBER 10, 2024

Cogo , a green fintech company, has expanded its partnership with Tandem , the UK’s environmentally focused digital bank.

Digital Banking 68

Digital Banking Fintech Company 68

American Banker

OCTOBER 10, 2024

The varied perspectives that people of different generations bring to the issues facing a growing business can be a deep and rich source of support for entrepreneurs.

57

57

ABA Community Banking

OCTOBER 10, 2024

ABA will donate $50,000 to help aid recovery efforts in Florida in the wake of Hurricane Milton. Announcement follows similar donations to relief efforts in North Carolina and Tennessee following Hurricane Helene. The post ABA to donate $50k to Hurricane Milton relief efforts in Florida appeared first on ABA Banking Journal.

Florida 52

Florida North Carolina Tennessee Community Bank 52

American Banker

OCTOBER 10, 2024

President Joe Biden called on Congress to return to Washington to make sure Small Business Administration loans don't run out after Hurricanes Milton and Helene devastated large swaths of the Southeast.

Washington 53

Washington Policies Lending 53

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.

Lending

The Paypers

OCTOBER 10, 2024

Vodafone , together with Sumitomo Corporation ’s Economy of Things business, has partnered with Mastercard to enable operators to further advance the Economy of Things (EoT).

Operations 48

Operations 48

American Banker

OCTOBER 10, 2024

The giant card network and the global bank are combining their scale to boost real-time cross-border transfers as fintechs target the market.

Payments 52

Payments Fintech Cards Marketing 52

Bussman Advisory

OCTOBER 10, 2024

This week’s must-know stories in the FinTech, AI and Digital Asset space. The latest edition of the FinTech Ecosystem Newsletter is here: Image Credits: shutterstock.com The post HSBC exec warns of AI ‘success theater’ in finance | Apple pivots payment strategy for ecosystem growth | Klarna board moves to oust co-founder’s ally appeared first on Bussmann Advisory AG.

Apple 52

Apple Strategy Fintech Payments 52

American Banker

OCTOBER 10, 2024

He will succeed Kevin Riley, who previously announced plans to step down this year. Reuter retired last spring after leading FirstBank Holding in Colorado since 2017.

Montana 41

Montana Colorado Community Bank Industry 41

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.

Analysis

The Paypers

OCTOBER 10, 2024

Mastercard has announced that South Africa will be the first market globally to benefit from immediate card payments, enabling acquiring banks to process transactions in real-time.

Cards 41

Cards Payments Marketing 41

American Banker

OCTOBER 10, 2024

The Conference of State Bank Supervisors cast doubt on an initiative unveiled by Treasury Under Secretary for Domestic Finance Nellie Liang that would establish a federal regulatory framework for domestic payments, saying that state-level supervision "does not … constitute a regulatory gap.

Regulation 36

Regulation Conference Payments Policies 36

The Paypers

OCTOBER 10, 2024

OnBuy has announced its partnership with Google Cloud in order to optimise the way businesses expand internationally with modern and scalable cloud infrastructure.

Google 41

Google 41

American Banker

OCTOBER 10, 2024

Wall Street banks are expected to capitalize on ultra-low credit spreads and strong demand from investors after they report quarterly results.

Capital 36

Capital Report America 36

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.

Lending