Payments Dive
FEBRUARY 12, 2024
Visa, Mastercard and American Express are moving forward with use of a new gun merchant category code for credit card purchases in California, according to CBS News.
Jeff For Banks
FEBRUARY 12, 2024
Be curious. That's how I approach Twitter ("X"). Yes, there are some dumpster fire opinions. But then again, there are some real valuable insights that I and we can learn from. And this most recent string by bank analyst Perry Weinstein is one of them that I thought should not be lost to a tweet stream. Perry's perspective is clearly focused on shareholder value and may be viewed as shareholder primacy, a sometimes derogatory term because pursuing shareholder value could be done at the expense o
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Payments Dive
FEBRUARY 12, 2024
“When it comes to addressing instances of financial exploitation, consumers are less likely to trust P2P platforms than banks and credit unions,” an AARP survey reported.
CFPB Monitor
FEBRUARY 12, 2024
The American Fintech Council (AFC), a trade group whose members include providers of earned wage access (EWA) products, has sent a letter to Director Chopra urging the CFPB to take steps towards development of a “pragmatic regulatory approach” for regulating EWA products. In its letter, AFC discusses the “patchwork approach” to regulating EWA products that is emerging at the state level. .
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.
Payments Dive
FEBRUARY 12, 2024
The buy now, pay later company’s forecast for the rest of the fiscal year was conservative, analysts said, even though revenue and merchandise volume jumped over the prior year during the holiday season.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Payments Dive
FEBRUARY 12, 2024
The provider of bill-pay software services was expecting to extend its services to more of the bank's clients, but now the bank is changing its plans.
American Banker
FEBRUARY 12, 2024
Heartland Tri-State Bank, which failed after its CEO allegedly embezzled money to fund cryptocurrency investments, received $21 million in advances from the Federal Home Loan Bank system prior to failure.
BankInovation
FEBRUARY 12, 2024
Investors expect funding activity to rebound in 2024 following a year of uncertain macroeconomic conditions. In 2023, global fintech equity deals amounted to $39.2 billion, compared to $78.6 billion in 2022, recording a 50% year-over-year drop, according to a Jan. 18 State of Fintech report by CB Insights, a data intelligence company.
American Banker
FEBRUARY 12, 2024
Fintechs that "bank" children and teens should collect far less data about their young users, erase it sooner and be more transparent in policies that are often buried, say privacy advocates.
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
BankInovation
FEBRUARY 12, 2024
J.P. Morgan Payments introduced its omnichannel checkout solution in January to offer a retail shopping experience that is native across shopping channels. “Merchants need to provide journeys that natively go across channels,” Jean-Marc Thienpont, managing director of omnichannel and biometric solutions at J.P. Morgan Payments, told Bank Automation News.
TheGuardian
FEBRUARY 12, 2024
A ‘Britcoin’ would trade convenience for societal dangers that hard cash keeps in check Two years ago, the House of Lords looked into whether the Bank of England should issue digital pounds to be held in electronic wallets. Peers were unconvinced, asking if this wasn’t “ a solution in search of a problem ”. Last December, MPs on the Treasury select committee said the same thing.
American Banker
FEBRUARY 12, 2024
In the largest deal based on the bank's assets announced since January 1, 2023, the credit union has nearly $12 billion in total assets and the target bank more than $1.5 billion in total assets.
The Paypers
FEBRUARY 12, 2024
Cryptocurrency exchange OKX has announced its expansion into the Argentinian market as part of its ongoing strategy to tap the Latin American market.
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.
American Banker
FEBRUARY 12, 2024
The megabank recently received three notices of matters requiring immediate attention, and it also failed regulatory exams, Reuters reported. Since 2020, Citigroup's regulators have been pressuring the company to clean up its risk management systems.
The Paypers
FEBRUARY 12, 2024
Bangko Sentral ng Pilipinas (BSP) has revealed the intention to launch a wholesale central bank digital currency (CBDC) by 2026.
American Banker
FEBRUARY 12, 2024
A new generative artificial intelligence tool from Ncontracts can assist in summarizing lengthy agreements with fintech partners and identifying important clauses.
Commercial Lending USA
FEBRUARY 12, 2024
FHA/ HUD LoansCommercial Lending USA is proud to offer FHA/HUD loans ranging from $2 million to $100 million. With our strong relationships with larger lenders and in-depth understanding of HUD’s evolving regulations and policies, we are well-equipped to guide our clients through the complex loan process successfully. We provide diverse FHA lending solutions for refinancing, acquisition, rehabilitation, and new construction across various sectors, including nursing homes, assisted living facilit
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.
American Banker
FEBRUARY 12, 2024
The nation's largest credit union allegedly engaged in racial discrimination resulting in calls for further investigations and regulations. Had Navy Federal been subject to the Community Reinvestment Act it may have avoided this problem.
The Paypers
FEBRUARY 12, 2024
Moneyhub has announced that it has been named as a supplier of CCS’s Open Banking Dynamic Purchasing System framework for the UK government.
American Banker
FEBRUARY 12, 2024
Most large banks now have a C-suite officer overseeing AI. Here's why and what such a job entails.
The Paypers
FEBRUARY 12, 2024
US-based crypto custodian BitGo has announced the acquisition of Brassica , a provider of investment infrastructure for private securities and alternative investments.
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.
American Banker
FEBRUARY 12, 2024
Mastercard, Visa and American Express are reportedly preparing to add merchant codes to identify firearm purchases, forcing the networks to straddle a hot-button issue in an election year.
The Paypers
FEBRUARY 12, 2024
American corporation Visa has extended digital wallet capabilities within its suite of B2B payment solution, Visa Commercial Pay, as well as its availability.
American Banker
FEBRUARY 12, 2024
With countless fintechs nipping at its heels, the bank is working harder to be a one-stop shop for e-commerce, retail store management, payments and authentication.
The Paypers
FEBRUARY 12, 2024
UK-based bank NatWest has become as a supplier on the Crown Commercial Service ’s (CCS) new Dynamic Purchasing System (DPS) for Open Banking services.
Advertisement
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.
Expert insights. Personalized for you.
523 
Let's personalize your content