Perficient

NOVEMBER 19, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility. The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks.

Regulation 221

Regulation Guidelines System Compliance 221

Payments Dive

NOVEMBER 19, 2024

Executives from the card networks were on the defensive Tuesday when members of the Senate Judiciary Committee berated them over high fees merchants must pay to accept credit card payments.

Cards 395

Cards Payments 395

American Banker

NOVEMBER 19, 2024

This year's honorees demonstrate the courage and experience necessary to address the rise of digital commerce, AI, bank and fintech rivals.

Fintech 92

Fintech 92

Payments Dive

NOVEMBER 19, 2024

Users of the Google Pay digital wallet now have access to Afterpay’s BNPL services, and the tech titan is expected to add rival services from Klarna next year as well.

Google 195

Google 195

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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.

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ATM Marketplace

NOVEMBER 19, 2024

Physical threats are not the only security concerns for ATMs. Outdated key standards and card skimming are also major issues in the ATM industry. Let's take a closer look at some of these security issues and what causes them.

ATM 62

ATM Security Strategy Cards 62

Jack Henry

NOVEMBER 19, 2024

Chief Credit Officers (CCOs) face a variety of challenges in their role, especially as they navigate the complexities of risk management in the financial industry.

Risk Management 60

Risk Management Management Industry Analysis 60

American Banker

NOVEMBER 19, 2024

The Most Powerful Women in Credit Unions honorees discuss their response to inflation and the challenges facing underserved communities.

Community 81

Community 81

ABA Community Banking

NOVEMBER 19, 2024

PBT Bancshares in Kansas has applied to acquire Kanza Financial. Farmers Savings Bank in Iowa has agreed to buy Elgin State Bank. The post Bank acquisitions announced in Kansas, Iowa appeared first on ABA Banking Journal.

Iowa 59

Iowa Kansas Community Bank Community 59

TheGuardian

NOVEMBER 19, 2024

Aimed at those with £100,000 to £2m, service in Mayfair will offer personalised banking and exclusive events HSBC is to launch its first UK “wealth centre” in London’s upmarket Mayfair district, offering more personalised banking services and exclusive events such as wine tastings as part of a drive to win more rich customers. The lender will take up two floors of the 16-storey Smithson Tower at 25 St James’s Street – close to the Ritz Hotel and Fortnum & Mason department store – as part of

Marketing 58

Marketing 58

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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

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American Banker

NOVEMBER 19, 2024

The U.S. is alone among G7 nations in not allowing nonbanks direct access to vital central bank payments rails. It's past time for regulations to catch up with clear consumer preferences.

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System Payments US National 83

BankUnderground

NOVEMBER 19, 2024

Rhea Mirchandani and Steve Blaxland Supervisors are responsible for ensuring the safety and soundness of firms and avoiding their disorderly failure which has systemic consequences, while managing increasingly voluminous data submitted by them. To achieve this, they analyse metrics including capital, liquidity, and other risk exposures for these organisations.

Analysis 52

Analysis Data Policies US 52

American Banker

NOVEMBER 19, 2024

Gruenberg, the Federal Deposit Insurance Corp.'s longest-serving board member, will step down in January, marking the end of an era after nearly 20 years on the agency's board of directors.

FDIC 56

FDIC Compliance Regulation 56

The Paypers

NOVEMBER 19, 2024

Switzerland-based banking software company Temenos has partnered with NVIDIA to provide on-premises GenAI to banks, enabling them to convert data into real-time insights.

Software 48

Software Data Company 48

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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.

Lending

American Banker

NOVEMBER 19, 2024

Small Business Bank in Lennox, Kansas received another cease-and-desist order from the Federal Reserve for failing to comply with anti-money laundering and Bank Secrecy Act requirements for the second time in 14 months.

Kansas 41

Kansas Compliance Regulation 41

The Paypers

NOVEMBER 19, 2024

The Central Bank of Egypt (CBE) has approved a new feature allowing users in Egypt to receive international money transfers through the InstaPay app.

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American Banker

NOVEMBER 19, 2024

Lower borrowing costs, reduced exposure to the urban office sector and flattening vacancy rates could collectively save lenders from beleaguered corners of the commercial real estate market.

Marketing 31

Marketing Community Bank Community Lending 31

The Paypers

NOVEMBER 19, 2024

Web3 money application Wirex has announced its partnership with Banking Circle in order to provide worldwide customers and firms with improved financial operations.

Operations 45

Operations 45

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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.

Analysis

American Banker

NOVEMBER 19, 2024

Industry Bancshares has been bogged down for years with unrealized losses. The Federal Reserve issued a cease-and-desist order against the firm, following similar actions by other agencies.

Texas 36

Texas Regulation Industry Compliance 36

The Paypers

NOVEMBER 19, 2024

Klara AI has announced its partnership with global fintech company Unlimit in order to launch a financial solutions specifically designed for women across the EU.

Fintech 41

Fintech Company 41

American Banker

NOVEMBER 19, 2024

The companies held out hope that they'd get skeptical regulators to sign off on their $286 million deal before determining that canceling it was in their best interests.

Regulation 28

Regulation Company 28

The Paypers

NOVEMBER 19, 2024

TrueLayer has laid off roughly a quarter of its workforce in a single day, as part of an effort to cut down costs and become more profitable.

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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.

Lending

American Banker

NOVEMBER 19, 2024

The five-part framework suggests both technical and governance solutions to protect consumers from losing money to scammers and fraudsters.

Cyber Security 28

Cyber Security Fraud Security Technology 28

The Paypers

NOVEMBER 19, 2024

Solvento has raised USD 12.5 million Series A funding to scale its software and financial solutions through Mexico and expand its solutions to US companies.

Software 41

Software US Company 41

The Financial Brand

NOVEMBER 19, 2024

This article Every Brand a Bank: Why Starbucks and Walmart are Your Real Competition appeared first on The Financial Brand. Is Starbucks a bank? Is Walmart? To millions of consumers, the answer is increasingly "yes". Real banks must respond. This article Every Brand a Bank: Why Starbucks and Walmart are Your Real Competition appeared first on The Financial Brand.

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Branding Marketing 21

The Paypers

NOVEMBER 19, 2024

Real-time payment software ACI Worldwide has announced that Zimswitch picked its Fraud Management and Payments Intelligence solution to safeguard Zimbabweans against payment fraud.

Fraud 36

Fraud Software Management Payments 36

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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.

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