BankBazaar

NOVEMBER 7, 2023

Credit C ard churning is a rewarding practice if you can effectively manage the risks and challenges it presents. However, it ’ s essential to approach it with a responsible and informed mindset. Credit Card churning is a practice that has gained popularity among savvy consumers looking to make the most of their Credit Card spending. It involves strategically opening and closing Credit Card accounts to take advantage of welcome bonuses, rewards programmes, and other perks offered by Credit Car

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Cards Meeting Management Retail 78

Payments Dive

NOVEMBER 7, 2023

Fidelity National Information Services took an accounting hit against its third-quarter results as it prepares to cast off its Worldpay unit early next year.

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National 370

South State Correspondent

NOVEMBER 7, 2023

We review hundreds of term sheets and proposals for commercial borrowers each month. One successful loan proposal tactic for community banks to improve their acceptance rate is to embrace the old marketing rule of the “power of three.” We often see banks proposing one or two options for a commercial borrower, and often, the options presented to the borrower are ones that are most prevalent and acceptable at the bank but not necessarily the option that may fit the borrower’s n

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Payments Dive

NOVEMBER 7, 2023

As international groups examine cross-border payment challenges, consumers and small businesses are worried about the costs and risks associated with sending money or receiving funds internationally.

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Report Payments Groups 273

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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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ATM Marketplace

NOVEMBER 7, 2023

Digital wallets continue to transform the way we pay for goods and services. These convenient and secure payment methods are becoming increasingly popular, and they are having a major impact on the payments landscape.

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Security Payments 110

Commercial Lending USA

NOVEMBER 7, 2023

In the dynamic world of hospitality, embarking on a journey of hotel ownership can be a highly rewarding venture. Yet, this path often demands substantial financial investments.

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Lending 98

Payments Dive

NOVEMBER 7, 2023

Google, Apple and 15 other big non-bank technology companies that provide digital wallets or payments apps would be subject to increased regulation if a new Consumer Financial Protection Bureau rule is approved.

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Payments Apple Google Regulation 221

American Banker

NOVEMBER 7, 2023

A.E.A. Federal Credit Union in Yuma said it would acquire West Valley National Bank in a bid to expand into Phoenix and Las Vegas.

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Las Vegas Arizona Phoenix National 89

CFPB Monitor

NOVEMBER 7, 2023

Fifteen trade groups have joined in a letter to the CFPB requesting an extension of the comment period on the CFPB’s proposed rulemaking on personal financial data rights. The proposal implements Section 1033 of the Dodd-Frank Act which authorizes the CFPB to issue rules requiring “a covered person [to] make available to a consumer, upon request, information in the control or possession of such person concerning the consumer financial product or service that the consumer obtained from such cove

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Groups Data 78

Advertiser: ZoomInfo

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.

Analysis

American Banker

NOVEMBER 7, 2023

As U.S. credit card balances continue to march above $1 trillion, the number of newly delinquent credit card users now exceeds the pre-pandemic average and millennials and those with student or auto loans are driving the increase in past-due payments, the New York Fed said.

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New York Cards Millennials Payments 85

CFPB Monitor

NOVEMBER 7, 2023

In a November 1, 2023 blog post titled “Servicemembers continue to face major financial challenges,” the Consumer Financial Protection Bureau highlighted three areas where it is working to secure protections for servicemembers, including the Servicemembers Civil Relief Act’s (“SCRA”) 6% interest rate cap, restrictions on the use of military allotments, and efforts to protect servicemembers from identity theft. .

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Security 78

American Banker

NOVEMBER 7, 2023

The San Carlos, California, consumer lender said it's "exploring strategic options" for its credit card portfolio, discontinuing its investment and retirement products and sunsetting a partnership with Sezzle in addition to embarking on a new round of job cuts.

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California Cards Management Lending 81

BankInovation

NOVEMBER 7, 2023

The Consumer Financial Protection Bureau proposed a new rule today that would subject large nonbank companies, including digital wallet providers and payments apps, to undergo the same supervisory exam process as banks — leveling the payments playing field.

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Payments Company Regulation 74

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Automation is changing the game for commercial lenders, offering a clear path to competitive advantage in 2025. Rising costs, outdated workflows, and manual data entry slow growth and impact borrower satisfaction. Automation addresses these challenges, reducing costs, speeding up loan cycles, improving accuracy, and elevating borrower experiences. With market uncertainty easing, now is the time to act—waiting until loan volumes rebound leaves lenders unprepared and struggling to compete.

Lending

American Banker

NOVEMBER 7, 2023

As banks increasingly explore the applications of generative artificial intelligence, regulators are deliberating about the systemic risks that the technology may pose because of their unpredictability, the potential for herd behavior, replication of human biases, and AI's inability to predict extreme scenarios.

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BankInovation

NOVEMBER 7, 2023

Bank Automation News is pleased to announce that Bank Automation Summit U.S. 2024 will take place March 18-19 in Nashville, Tenn., at the Omni Nashville.

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Realwired Appraisal Management Blog

NOVEMBER 7, 2023

Our valuation industry is largely uninspired, lacks enthusiasm and faces diminishing relevancy. I may be wrong, but I don’t think so. I started a podcast. You might be thinking, “great, yet another podcast.” You might be right. Podcasts don’t do anything. Plus, my speaking skills aren’t the best. But we need to DO something.

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Industry 59

BankInovation

NOVEMBER 7, 2023

Payments giant FIS saw dozens of bank customers looking to join FedNow as the adoption of real-time payments grew in the third quarter. “We are encouraged by the interest we are seeing related to the rollout of FedNow,” Chief Executive Stephanie Ferris said during the company’s Q3 earnings call today.

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Payments Digital Banking 69

Advertiser: ZoomInfo

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

Capital

TheGuardian

NOVEMBER 7, 2023

Swiss banking group has cut 13,000 jobs this year as it recovers from rushed rescue deal Business live – latest updates UBS has reported a $785m (£637m) quarterly loss, its first in nearly six years, as the Swiss banking group counted the costs of rescuing its rival Credit Suisse earlier this year. The loss was nearly double the $444m that analysts had forecast, with UBS saying it would have reported profits worth $844m in the third quarter had it not been for the $2bn in expenses linked to the

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Report Groups 55

BankInovation

NOVEMBER 7, 2023

Financial institutions are investing in AI and, as they do, they must consider application, talent and regulation. Card issuing fintech Mission Lane has created an internal framework to help implement new technologies, including AI, head of engineering and technology Mike Lempner tells Bank Automation News on this episode of “The Buzz” podcast.

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Regulation Fintech Cards Technology 65

The Paypers

NOVEMBER 7, 2023

Denmark-based Openpay has announced its partnership with Yapily , an Open Banking API provider, to facilitate optimised cross-border, P2P money transfers in Europe.

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BankInovation

NOVEMBER 7, 2023

For years, Dutch payments fintech Adyen NV’s founders and management ran things their own way, thanks to some blowout growth. During its listing in 2018 they didn’t feel the need to pre-brief investors — the shares doubled in the first two hours of trading all the same, making one of the founders an instant billionaire.

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Fintech Management Payments 65

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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

American Banker

NOVEMBER 7, 2023

After three decades of relying on large retailers like Macy's to promote its private-label credit services, the bank is taking its point-of-sale financing to smaller merchants via platforms like Shopify.

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Retail Payments 50

Javelin Strategy & Research

NOVEMBER 7, 2023

Banner Section Home Rss.xml 2024 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge. Open Positions Accordian Reports Section 2024 Trends & Predictions: Digital Wealth — Advisor Javelin Report Date: November 7, 2023 Authors: William Trout , Greg O'Gara , Di

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The Paypers

NOVEMBER 7, 2023

Mastercard has announced its partnership with WorldPay and Spain-based firm Travel Tax Free to introduce the Mastercard Send into the latter’s management service.

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Taxes Management 45

American Banker

NOVEMBER 7, 2023

The card giant is offering small merchants a debit card and account that provides a view of their cash flow across multiple products. Experts say this is a good step but that business owners may want more.

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Cards Technology 45

Advertiser: ZoomInfo

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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