Payments Dive

MARCH 19, 2024

Automated payments volume processed by The Clearing House grew at a faster rate than at the Federal Reserve last year.

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Payments 243

South State Correspondent

MARCH 19, 2024

In two previous articles ( here and here ) we discussed how loan size and loan term affect the profitability of commercial loans. We continue this theme of major drivers of loan and bank profitability and discuss the importance of cross-selling and upselling, and its impact on bank performance. In this article, we consider the common features of upselling and cross-selling.

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Community Bank Community Industry Cards 195

Payments Dive

MARCH 19, 2024

“With respect to transaction monitoring for fraud, it would no longer be acceptable to do nothing,” Nacha Executive Vice President Michael Herd said.

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Fraud Payments 221

ATM Marketplace

MARCH 19, 2024

What's the roadmap for ATM regulations look like for 2024?

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ATM Regulation 118

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Groups

Payments Dive

MARCH 19, 2024

The card giant said the expanded partnership will let the Chinese digital wallet company’s 1 billion users send payments to 180 markets.

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Cards Marketing Payments Company 221

Payments Dive

MARCH 19, 2024

The level of debt may surpass the all-time record this year, even when adjusted for inflation, some analysts say.

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Retail Cards 195

American Banker

MARCH 19, 2024

The payments industry is evolving, driven by innovative technologies and a new class of leaders and executives eager to embrace change. Here's what they're prioritizing.

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Payments Innovation Industry Technology 81

BankInovation

MARCH 19, 2024

NASHVILLE, Tenn. — Wells Fargo is amping up its artificial intelligence project pipeline. The bank has 191 AI, machine learning and natural language processing features in the pipeline, with nearly half already in production, Steve Hagerman, chief information officer of consumer technology at Wells Fargo, said at Bank Automation Summit 2024 on March 18.

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Nashville Technology Lending 79

American Banker

MARCH 19, 2024

For the second straight year, Goldman Sachs shareholders have filed a proposal calling for more details on racial and gender pay gaps. The request comes as the investment banking giant faces scrutiny over its lack of high-ranking women leaders.

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Data Industry 80

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

The Paypers

MARCH 19, 2024

Cooperative Bank of Oromia has launched CoopApp and CoopApp Alhuda on Temenos Digital (Infinity) for a digitalised conventional and Islamic banking experience.

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BankInovation

MARCH 19, 2024

NASHVILLE, Tenn. — BankUnited has deployed an AI chatbot to help employees search for information and procedures internally. The deployment was disclosed March 18 by Michael Lehmbeck, chief technology officer for Miami Lakes, Fl.-based BankUnited, at Bank Automation Summit 2024, presented by Bank Automation News.

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Nashville Miami How To Technology 72

American Banker

MARCH 19, 2024

Industry veterans are wary of prospective borrowers who can't pay for agents, and of compensation guidelines clashing with government mortgage lending programs.

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Guidelines Lending Industry Marketing 66

ABA Community Banking

MARCH 19, 2024

The new routing mandate would reduce the revenue that banks receive for processing credit card transactions, forcing banks to reduce the popular rewards and benefits that revenue supports. The post The Points Guy on the Credit Card Competition Act: ‘It’s ridiculous’ appeared first on ABA Banking Journal.

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Cards Community Bank Community Payments 52

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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

MARCH 19, 2024

Thomas Halpin, who heads global cash management for North America, talks about real-time processing, generative AI, central bank digital currencies and why the ISO 20022 messaging standard is cool.

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Strategy America Payments Management 63

The Paypers

MARCH 19, 2024

Global financial technology company FIS has announced its collaboration with Stratyfy , aiming to improve its SecurLOCK card fraud management solution.

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Financial Technology Fraud Cards Management 45

American Banker

MARCH 19, 2024

Judicial review of bad rulemaking is a right that all regulated industries enjoy. But some industries avail themselves more than others, and the ones that rely on it the most tend to get worse policies. Banks should take notice.

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Regulation Policies Industry Compliance 44

The Paypers

MARCH 19, 2024

UK-based fintech company Revolut has launched a Point-of-Sale iPad app to support businesses in the hospitality industry.

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Fintech Industry Company 41

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

American Banker

MARCH 19, 2024

Rep. Tom Emmer, R-Minn., majority whip of the U.S. House, says Financial Services Committee Chairman Patrick McHenry's digital market structure bill could be ready for a vote in the full chamber.

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Marketing Policies cryptocurrency Compliance 41

The Paypers

MARCH 19, 2024

Several banks in the UK have come under pressure to provide millions of pounds in interim funding for Open Banking Limited (OBL).

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American Banker

MARCH 19, 2024

A Texas judge ordered the U.S. Chamber of Commerce to explain why it sued the Consumer Financial Protection Bureau in Texas to halt the bureau's $8 credit card late fee rule after the bureau filed a motion accusing the trade group of "forum shopping.

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Texas Groups Cards Policies 41

The Paypers

MARCH 19, 2024

Ant Group Digital Technologies has partnered with Bank CenterCredit (BCC) to explore digital solutions and deliver faster and more reliable services to end users.

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Groups Technology 41

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Operations

The Financial Brand

MARCH 19, 2024

This article Hacking Customer Attention: Leveraging Social Media for Insurance and Finance appeared first on The Financial Brand. Dr. Robin Kiera shares strategies for financial institutions to boost engagement and sales through utilizing behavioral economics and social media. This article Hacking Customer Attention: Leveraging Social Media for Insurance and Finance appeared first on The Financial Brand.

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social media Branding Strategy Marketing 37

The Paypers

MARCH 19, 2024

US-based payment technology corporation Mastercard has announced the expansion of its cross-border payment solutions by connecting to China-based Alipay.

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US Technology Payments 41

American Banker

MARCH 19, 2024

The average annual cash bonus fell 2% to $176,500 in 2023, the lowest since 2019. The drop was far less dramatic than it was in 2022, when the average bonus slumped 25%.

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Industry 36

The Paypers

MARCH 19, 2024

Credit information provider CRIF has partnered with BMW Financial Services to provide Open Banking-based credit checks and lending services to automotive retailers.

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Lending Retail 41

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.

How To