Mon.Dec 09, 2024

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Banks tackle Q3 hurdles, look to Q4 for earnings growth

American Banker

The Federal Reserve's interest-rate cut came too late in the third quarter for banks to capitalize on. Leaders say the fourth quarter will yield better growth.

Capital 81
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Struggling businesses pile on credit card debt, survey shows

Payments Dive

Survey 239
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4 reasons banks are unlikely to make Synapse end users whole

American Banker

Customers of fintechs affected by Synapse's bankruptcy have been waiting since May for money they had in their accounts, and $65 million to $85 million still appears to be missing.

Fintech 83
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CFPB sues Comerica for ‘systematically failing’ federal benefits receivers

Payments Dive

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Back to Basics with Reconciliations

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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Claims management companies circle after UK court ruling on mis-sold car finance

TheGuardian

Specialist law firms and CMCs could be in line for massive payday with their cuts from consumer compensation A cloud of anxiety was hanging over the British Motor Museum. Alongside showrooms featuring the 1988 Le Mans-winning Jaguar XJR-9 and the Land Rover Defender used in opening scenes of the James Bond film Skyfall, were conference rooms filled with worried lawyers, bankers and compliance staff from across the motor lending industry.

Company 60

More Trending

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Union organizers inside Wells Fargo eye first victory at a non-branch unit

American Banker

The unionization push by members of the bank's conduct management intake team has been hotly contested. If approved, it would represent a landmark in the effort to organize workers at the $1.9 trillion-asset bank.

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Keeping cash may be critical for a resilient payment system

Payments Dive

System 150
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Consumer group urges FDIC to publicly release failed-bank probes

American Banker

Americans for Financial Reform wants investigations into the directors and executives of Silicon Valley Bank, Signature Bank and First Republic Bank released before the Jan. 20 inauguration.

FDIC 41
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Afterpay’s holiday shopping trends: Free shipping, BNPL for budgeting and more

Payments Dive

Trends 150
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How a Managed Services Partner Can Reduce the Friction in Your RDC Program

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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TrueLayer partners with Ryanair

The Paypers

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Hanmi seeks higher profile in Seoul to drive U.S. growth

American Banker

Banking South Korean companies has become a major pillar of the Los Angeles-based Hanmi's balance sheet, with a portfolio of loans approaching $1 billion.

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IRIS Solutions launches cardless bank payment app IRISPay for merchants

The Paypers

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Google sues CFPB, challenges oversight of retired product

American Banker

The company said the P2P payment service the bureau seeks to supervise presents no risk to consumers because it is no longer offered in the U.S.

Google 36
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Budget Playbook for Commercial Lenders — Bank and Credit Union Edition

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.

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Pockyt partners with Circle to expand stablecoin payment options

The Paypers

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Independent Bank in Massachusetts to acquire peer for $562M

American Banker

The cash-and-stock bid for Enterprise Bancorp is expected to close in the second half of 2025. In connection with the deal, Independent plans to raise about $250 million in subordinated debt.

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ePayPolicy joins NAMIC to support modernisation in mutual insurance

The Paypers

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Judge strikes blow to CFPB's $8 credit card late fee rule

American Banker

U.S. District Judge Mark T. Pittman wrote that trade groups that sued the Consumer Financial Protection Bureau earlier this year "are likely to succeed on the merits" of the case.

Cards 31
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It Takes Two to Tango

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.

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Equifax and Mastercard partner to combat fraud in Latin America

The Paypers

America 28
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Inside Tanya Otsuka's historic NCUA role and regulatory vision

American Banker

The first Asian American to join the National Credit Union Administration board, Otsuka has had a career highlighted by consumer advocacy, a focus on financial stability and support for underserved communities.

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Paybis adds PayPal for crypto purchases in Europe

The Paypers

28
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Trump should be thanking Jerome Powell for his second term

American Banker

The chairman of the Federal Reserve presided over the worst inflation in 40 years, generating public outrage that paved the way for Donald Trump's victory in last month's election.

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The 2024 Lenders Guide to Automating the Complex Loan

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.

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PayTabs launches in Kuwait with Concept Combined

The Paypers

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How To Buy Happiness With Money

BankBazaar

Did you know that those currency notes lying idle inside your wallet have the power to make you happy? Let’s find out how. You read it right! Money can buy you happiness, provided you know how to spend it right. We know youve been told otherwise, quite a number of times, but once you finish reading this article, hopefully youll see what we see.

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BlockBee partners with Lightspark for optmised payment options

The Paypers

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How bank deals are likely to fare with Trump's antitrust pick

American Banker

The industry hopes that the bigger hurdles to bank mergers under President Biden will fade in the new administration. But populist opposition to consolidation in the tech sector could spill over into banking.

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Confronting the Change Challenge

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.