BankInovation
NOVEMBER 8, 2023
In the ever-evolving landscape of banking, the need for innovative customer-facing technology has never been more critical. Facing challenges like ongoing deposit competition and looming credit risk issues, banks must optimize their technology stacks to maximize efficiency, reduce costs, and seize opportunities for customer growth.
Payments Dive
NOVEMBER 8, 2023
Nearly 3% of millennials are newly delinquent as of the third quarter this year, slightly up from 2.5% in Q3 2019, according to a report from the Federal Reserve Bank of New York.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
American Banker
NOVEMBER 8, 2023
Developers of lending and other banking tools powered by artificial intelligence say their firms are well positioned to weather regulatory changes, but remain mindful of how government agencies might respond.
Payments Dive
NOVEMBER 8, 2023
The restaurant fintech noticed “a modest slowdown” in same-store sales in the latter half of the third quarter that continued into October, the company’s CFO said Tuesday.
Advertisement
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.
American Banker
NOVEMBER 8, 2023
The bank has seen its balance sheet swell in recent years and this quarter could become the first U.S. bank to reach the $4 trillion mark. Analysts credit it as a well-run institution, but the megabank's growth is sure to play into ongoing debates over big-bank capital rules and "too big to fail.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
American Banker
NOVEMBER 8, 2023
The National Credit Union Administration approved the Young Community Federal Credit Union to begin operations in Kentucky soon. An organization in Maryland is shooting for a 2024 opening.
Payments Dive
NOVEMBER 8, 2023
Jack Henry & Associates recorded an increase in the number of customers connected to the new Federal Reserve instant payments system, but they’re all in receive-only mode.
American Banker
NOVEMBER 8, 2023
The top five have more than $1.3 trillion in combined total assets as of March 31, 2023.
BankUnderground
NOVEMBER 8, 2023
Francesca Diluiso, Barbara Annicchiarico and Marco Carli While climate change is often seen as a long-term concern, climate mitigation policies can have different short-term effects, since they affect the transmission mechanism of conventional macroeconomic shocks. In a new working paper , we show that cap-and-trade schemes lead to lower volatility in GDP and financial variables, and result in reduced welfare costs of the business cycle , when compared to the more widely known carbon taxes.
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.
American Banker
NOVEMBER 8, 2023
NatWest is updating its chatbot, Cora, to make engagement more conversational, and Amex is working with the Canadian fintech Nuvei to promote bank-transfer payments to U.K. merchants.
CFPB Monitor
NOVEMBER 8, 2023
The CFPB has issued a proposed rule to supervise nonbank companies that qualify as larger participants in a market for “general-use digital consumer payment applications.” Comments on the proposal are due by January 8, 2024 or by the date that is 30 days after the proposal’s publication in the Federal Register, whichever is later.
American Banker
NOVEMBER 8, 2023
Citigroup didn't admit any wrongdoing in its settlement of allegations by regulators that employees denied credit cards to people in Southern California suspected of being of Armenian origin.
CFPB Monitor
NOVEMBER 8, 2023
On November 6, the CFPB filed a notice with the Texas federal district court that it is appealing to the Fifth Circuit the district court’s order granting summary judgment to a group of trade associations in their lawsuit against the CFPB challenging the changes made to its UDAAP Exam Manual in March 2022. .
Advertisement
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.
TheGuardian
NOVEMBER 8, 2023
Strong competition for mortgage customers is putting pressure on its margins, NAB says Follow our Australia news live blog for latest updates Get our morning and afternoon news emails , free app or daily news podcast National Australia Bank has recorded a strong lift in its cash profit to $7.7bn, while flagging that strong competition for mortgage customers has started to depress margins.
BankInovation
NOVEMBER 8, 2023
Digital bank Arc today rolled out its international treasury product, Arc Global Treasury, to serve global startups gravitating back toward digital banks, and away from big banks, following the bank crisis earlier this year.
American Banker
NOVEMBER 8, 2023
The Swedish buy now/pay later lender posted the firm's first quarterly profit in about four years, but an ongoing labor dispute raised questions about the company's future operations.
BankInovation
NOVEMBER 8, 2023
Steve Hagerman, chief information officer of consumer technology at Wells Fargo, will join the panel discussion “The AI revolution in banking: A road map for the future” at Bank Automation Summit U.S. 2024 on Monday, March 18, at 1:15 p.m. CT. View the full agenda for Bank Automation Summit U.S. 2024 here.
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.
American Banker
NOVEMBER 8, 2023
HSBC plans to offer institutional clients a custody service for digital assets such as tokenized securities, the bank's latest move in the new area of finance.
BankInovation
NOVEMBER 8, 2023
Citibank has selected Akamai Technologies, a cloud-native security service provider, to fight fraud on its platform, according to BuiltWith, which tracks technology adoption and use among websites. Akamai “helps financial institutions manage financial aggregators, protect against malicious bot attacks and protect customer trust,” an Akamai spokesperson told Bank Automation News.
The Paypers
NOVEMBER 8, 2023
UK-based digital business financial platform Tide has partnered with BT to support SMEs in accessing money management and saving solutions for their businesses.
American Banker
NOVEMBER 8, 2023
The card network is expanding the range of its international consulting arm to include recommendations for how banks, merchants and payment processors can harness generative artificial intelligence.
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.
The Paypers
NOVEMBER 8, 2023
US-based PSCU and Co-op Solutions have announced their agreement to combine their products in order to develop a fintech services provider for credit unions.
American Banker
NOVEMBER 8, 2023
The Federal Housing Finance Agency says it wants to more closely tether Federal Home Loan bank advances to housing and community development. Doing so will first involve clearly defining the banks' mission through regulation.
The Paypers
NOVEMBER 8, 2023
China-based JD.com has announced the launch of its JD Smart Check, an improved suite of authentication processes, for imported goods in the region.
American Banker
NOVEMBER 8, 2023
The company missed revenue projections, and it's trying to tap other funding strategies amid a "difficult lending environment.
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.
Expert insights. Personalized for you.
69 
Let's personalize your content