Abrigo

NOVEMBER 22, 2024

Strategies for writing a better SAR narrative With over two million suspicious activity reports (SARs) filed annually, how do you write a SAR narrative that will stand out to law enforcement? AML/CFT analysts can spend hours or days filing SAR reports, but every SAR filed is a tool to help law enforcement connect the dots in broader investigations. To make each SAR count, it's essential to understand what makes a SAR narrative effective.

Report 221

Report Regulation Compliance Resources 221

Payments Dive

NOVEMBER 22, 2024

The regional Fed bank, which has purview for the proposed merger, demanded more information from the bank as it considers whether to approve the deal.

Regional 273

Regional 273

Abrigo

NOVEMBER 22, 2024

Evaluating the FRAML approach For years, financial institutions have debated the merits of combining fraud and anti-money laundering (AML) functions into a single department in what's known as a FRAML approach. The idea is simple: bring fraud and AML into one program to boost effectiveness, save costs, and streamline financial crime detection. With fraud rates surging and FinCEN designating fraud as a National Priority , combining these functions under the same umbrella could be a game-changer.

Fraud 195

Fraud Training Risk Management Compliance 195

Payments Dive

NOVEMBER 22, 2024

More people are falling for real-time payment scams as the use of such speedy systems increases, a FICO survey showed.

Payments 243

Payments Survey System 243

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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.

Groups

TheGuardian

NOVEMBER 22, 2024

Despite new rules, many lenders have decided to implement the optional exemption Some victims of bank transfer scams will not get a penny back despite beefed-up rules designed to better protect consumers from fraudsters, because several big banks have introduced an excess on refund claims. New rules requiring banks and other payment companies to reimburse fraud victims who have been tricked into sending money to scammers took effect last month , and included an optional £100 excess that firms ca

Fraud 101

Fraud Payments Company 101

The Paypers

NOVEMBER 22, 2024

Montenegro and Albania have become the first-ever enlargement countries to join the geographical scope of the Single Euro Payments Area ( SEPA ).

Payments 76

Payments 76

American Banker

NOVEMBER 22, 2024

The bank and payment company are using the technology that underpins digital assets to improve interoperability for international transactions, a major point of friction in trade finance.

Payments 81

Payments Technology Company cryptocurrency 81

Jack Henry

NOVEMBER 22, 2024

Maintaining accurate and up-to-date records for a large volume of loans can be complex. If you think about how much tracking goes into monitoring the entire process of creating and approving loans, it can be overwhelming. It’s also critical not to waste time and effort, getting stuck in some manual step that might not even be necessary anymore.

Management 88

Management Innovation Lending 88

American Banker

NOVEMBER 22, 2024

A punitive tax on payments sent overseas to the families of immigrants would have a cascading set of consequences — all of them bad.

Policies 81

Policies Taxes Payments Compliance 81

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

NOVEMBER 22, 2024

The United Kingdom has moved forward with its plans to introduce a draft regulatory framework for cryptocurrency assets in early 2025.

cryptocurrency 68

cryptocurrency 68

American Banker

NOVEMBER 22, 2024

The Federal Reserve released the volume of activity on its instant payments network since its launch last summer, showing a surge in usage between July and August.

Payments 78

Payments Compliance Regulation 78

The Paypers

NOVEMBER 22, 2024

The United Kingdom has moved forward with its plans to introduce a draft regulatory framework for cryptocurrency assets in early 2025.

cryptocurrency 68

cryptocurrency 68

American Banker

NOVEMBER 22, 2024

The niche buy now/pay later firm is looking for differentiation in a crowded market with recognizable brands like Klarna, Affirm and Afterpay.

Branding 50

Branding Cards Fintech Marketing 50

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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

The Paypers

NOVEMBER 22, 2024

The Aptos Foundation has announced plans to integrate Circle 's native USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) into the Aptos Network.

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50

American Banker

NOVEMBER 22, 2024

In its latest financial stability report, the Federal Reserve warned high equity valuations and low levels of liquidity could leave the financial system vulnerable to shocks.

System 36

System Report Policies Compliance 36

The Paypers

NOVEMBER 22, 2024

Mastercard has announced its partnership with Fundbot in order to accelerate payments between buyers and suppliers across multiple markets.

Payments 41

Payments Marketing 41

American Banker

NOVEMBER 22, 2024

The Columbus, Ohio-based regional launched Lift Local Business in October 2020 with a $25 million ceiling. Four years and $133 million later, the program is still going strong.

Columbus 36

Columbus Ohio Lending Regional 36

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

The Paypers

NOVEMBER 22, 2024

Cloud-native core banking platform 10x Banking has entered a partnership with Alloy , a US-based identity and fraud prevention platform.

Fraud 41

Fraud US 41

American Banker

NOVEMBER 22, 2024

A sale would mark a swift retreat from the intensely competitive credit card business, where Ally competes with giant players such as Capital One.

Cards 36

Cards Capital Industry 36

The Paypers

NOVEMBER 22, 2024

The US Department of the Treasury’s Bureau of the Fiscal Service has announced the selection of BNY as the financial agent for the Direct Express program.

US 41

US 41

American Banker

NOVEMBER 22, 2024

Canada's banking regulator is beefing up its rules on corporate culture, saying that it expects executives and boards to be accountable.

Regulation 36

Regulation Management Compliance 36

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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.

Operations

The Paypers

NOVEMBER 22, 2024

NCBA has entered a strategic partnership with Xpress Money , an international payment solutions provider, to improve remittance services for its diaspora customers.

Payments 41

Payments 41

American Banker

NOVEMBER 22, 2024

The Dallas bank is replacing longtime CEO Scott Kavanaugh, who stepped down Thursday, with veteran banking executive Thomas Shafer. Shafer previously led Chemical Bank, which was acquired by TCF Financial in 2019.

Dallas 36

Dallas Strategy Industry 36

The Paypers

NOVEMBER 22, 2024

The FTC has started to send refunds to consumers harmed by Credit Bureau Center ’s fake rental property ads and deceptive promises of free credit reports.

Report 36

Report 36

American Banker

NOVEMBER 22, 2024

The Federal Reserve released additional information about its periodic review of its monetary policy strategy, tools and communications framework; TD Bank Group announced Michelle Myers will succeed Anita O'Dell as global chief auditor; Provident Financial Services will expand its commercial lending team; and more in this week's banking news roundup.

Policies 41

Policies Lending Tools Strategy 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.

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