The Financial Brand
APRIL 30, 2024
This article Why Credit Unions Are Buying Community Banks Faster Than Ever appeared first on The Financial Brand. More than a quarter of the bank acquisitions in the U.S. this year were led by credit unions — but these acquisitions often come with practical and cultural challenges. This article Why Credit Unions Are Buying Community Banks Faster Than Ever appeared first on The Financial Brand.
Payments Dive
APRIL 30, 2024
To make instant payments a reality for consumers, the payments industry must work together to develop a common framework for the transactions, top industry executives say.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
South State Correspondent
APRIL 30, 2024
An inverted yield curve, continued bank failures, and the desire to manage risk and offer clients higher service are all factors that are driving more community banks to adopt a loan hedge program. Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times. Community banks do this profitably by turning transactional accounts into relationships.
Payments Dive
APRIL 30, 2024
After the federal agency’s lawsuit landed Thursday, the Seattle bill-pay provider countered the allegations on Friday.
Advertisement
Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.
South State Correspondent
APRIL 30, 2024
An inverted yield curve, continued bank failures, and the desire to manage risk and offer clients higher service are all factors that are driving more community banks to adopt a loan hedge program. Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times. Community banks do this profitably by turning transactional accounts into relationships.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
TheGuardian
APRIL 30, 2024
Shareholder payouts grew 14 times faster than wages over past three years, says Oxfam report Shareholders have proved to be more successful at securing bumper payouts than workers have at winning higher pay, according to two studies that show dividends outstripping wages by a considerable margin in recent years. Oxfam said analysis of global data showed that dividend payments to shareholders over the last three years grew an average of 14 times faster than worker pay across 31 major economies.
Jack Henry
APRIL 30, 2024
For many Americans, these are challenging financial times. Sixty-six million have low to moderate incomes, 51 million grapple with income volatility, and more than seven million are unbanked, navigating today’s troubled waters without the help of a local financial institution. Together, these high-risk households pay more than $250 billion in service fees.
American Banker
APRIL 30, 2024
Consolidation has slowed since the pandemic, but UMB's agreement to buy Heartland Financial — the largest deal in three years — is one of several merger announcements in the past two weeks. Talks among other potential buyers and sellers are said to be picking up.
The Paypers
APRIL 30, 2024
HSBC has partnered with PayPal to introduce quantum-safe cryptography in the payments industry to address future cybersecurity threats.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
American Banker
APRIL 30, 2024
Resolutions calling for more details about how the two banks protect Indigenous people's rights failed to win majority approval on Tuesday. JPMorgan Chase shareholders are scheduled to vote on a similar proposal next month.
BankInovation
APRIL 30, 2024
HSBC is restructuring the organization by leaving some geographic territories, investing in tech and — most recently — undergoing a leadership change. The bank is looking for a replacement for Chief Executive Noel Quinn, HSBC Chairman Mark Tucker announced during today’s first-quarter earnings call.
American Banker
APRIL 30, 2024
Climate models that purport to assess the risk of environmental damage faced by individual properties threaten to distort the market, despite having little demonstrable accuracy.
BankInovation
APRIL 30, 2024
Santander Bank saved 50 million euros ($53.6 million) in the first quarter as the bank leaned into its tech investments for added efficiency.
Advertisement
Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper
American Banker
APRIL 30, 2024
In this month's roundup of top tech news: the impact of Synapse's bankruptcy on the banking-as-a-service industry, large language models best suited for banks, Discover deploys generative artificial intelligence in its contact center and more.
TheGuardian
APRIL 30, 2024
Chief executive’s departure sounds sensible enough but successor will inherit heavy strategic workload Chief executives at HSBC, like those at Barclays, have had a habit in recent years of leaving in dramatic circumstances. The last one, John Flint, was ousted by a chairperson, the current incumbent Mark Tucker, who had appointed him only 18 months earlier.
American Banker
APRIL 30, 2024
In this month's roundup of top banking news: Navy Federal Credit Union officially launches its overseas banking program, Republic First Bank in Philadelphia falls to capital troubles and investor outrage, deeper looks at talks between Discover and Capital One and more.
The Paypers
APRIL 30, 2024
The European Banking Authority (EBA) has unveiled a comprehensive Opinion aimed at tackling the evolving landscape of payment fraud within the European Union.
Advertisement
In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202
American Banker
APRIL 30, 2024
The failure of Republic First isn't a systemic threat or even a surprise. But the conditions that led to its failure are not all that unique and may foreshadow a secular rise in bank consolidation — one that policymakers can either embrace or resist.
The Paypers
APRIL 30, 2024
UK-based compliance company Sovos has introduced its Indirect Tax Suite, an integrated solution that modernises how companies meet indirect tax obligations.
American Banker
APRIL 30, 2024
Though written before the internet era, the book about working at Salomon Brothers in the 1980s that launched Michael Lewis' writing career still holds important lessons about the true costs of success.
The Paypers
APRIL 30, 2024
UK-based alternative finance company Capify has secured a GBP 100 million credit facility for development plans and providing SMEs with working capital.
Advertisement
Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.
American Banker
APRIL 30, 2024
A 50% growth in losses from check fraud last year is pushing bankers in Illinois to ask regulators for a joint supervisory guidance and tougher enforcement of large banks' "know your customer" compliance.
The Paypers
APRIL 30, 2024
UK-based payment service provider TerraPay has entered a strategic collaboration with VM Money Transfer Services (VMTS) in a bid to increase financial inclusion in Jamaica.
American Banker
APRIL 30, 2024
Toronto-Dominion Bank has taken an initial provision of $450 million in connection with U.S. investigations into its anti-money-laundering practices and said it expects additional penalties to come.
The Paypers
APRIL 30, 2024
Neonomics has announced its partnership with Qvik in order to scale Open Banking services to customers across the region of the Nordics and the UK.
Advertisement
As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.
Expert insights. Personalized for you.
32 
Let's personalize your content