Tue.Jan 07, 2025

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The Secret To Achieving Your Financial Goals This Year!

BankBazaar

New Year, new goals. Thats what we always say, isnt it? Every January, we start with the best intentions: This is the year Ill get my finances sorted!. But by March, those goals often fizzle out as life takes over. So, how can we set financial goals that actually stickones that survive the chaos and still make a real impact by the end of the year? Start With A Money Audit Before setting any financial goals, its essential to understand where your money is going now.

Cards 78
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Payments player Tranch acquired by legal services firm

Payments Dive

Both companies provide services to law firms worldwide, and the acquirer, Elite, says the merger will help expand its product offerings.

Payments 195
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How to Copy Data Efficiently and Improve Data Conversion | FinTalk

Jack Henry

Uncover how to copy data efficiently to save time and costs with your data conversion! Discover innovative data copy solutions for financial institutions.

Data 97
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Why voice interaction is the future of self-service

ATM Marketplace

Voice technology and its transformative potential took center stage at the Self-Service Innovation Summit 2024, hosted by Networld Media Group in Miami, Florida.

Miami 84
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5 Ways You Can Win Faster with Gen AI in Sales

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.

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Fraud in US payments is escalating — here's how we can fix it

American Banker

The U.S. suffers from a disproportionately large share of global credit card fraud. Bringing customer authentication methods up to standards adopted in other developed countries would solve much of that problem.

Fraud 64

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Launch of the 2025–28 Bank of England Agenda for Research

BankUnderground

Misa Tanaka Today the Bank published the 202528 Bank of England Agenda for Research setting out the key areas for new research over the coming years and a set of priority topics for 2025. Misa Tanaka works in the Banks Research Hub and is the Banks Head of Research. If you want to get in touch, please email us at bankunderground@bankofengland.co.uk or leave a comment below.

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Massachusetts co-op banks announce merger

ABA Community Banking

Reading Cooperative Bank in Reading, Massachusetts, and Wakefield Co-operative Bank in Wakefield, Massachusetts, are planning to merge. The post Massachusetts co-op banks announce merger appeared first on ABA Banking Journal.

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Depositor-owned banks' merger extends Boston consolidation streak

American Banker

Reading Cooperative's combination with Wakefield Cooperative, the third deal involving Boston-area banks announced in the past month, would create a $1.2 billion community bank.

Boston 45
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Will Trump and Sanders lock arms to cap credit card interest rates?

Payments Dive

The senator and incoming president partnering on a cap proposal may not be as far-fetched as the payments and banking industries would hope.

Cards 195
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The Role of Automation in Commercial Lending

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.

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Why Employer.com bought fintech Bench days after it shut down

American Banker

The angry reaction of Bench's customers to its sudden closing was one thing that made it an attractive acquisition target, Employer.com executives say.

Fintech 41
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2025 Outlook: Predictions for the Future of Fintech, PR and Marketing

William Mills

As we begin a new year, the financial technology industry continues to evolve at a rapid pace, driven by technological advancements, shifting consumer expectations and a dynamic regulatory environment. Building on the trends of previous years, we anticipate a year of bold innovation and new opportunities for growth. Our team has compiled our predictions and projected trends for the future of fintech, PR and marketing in 2025.

Fintech 71
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MountainOne Bank faces fee lawsuit despite issuing refund

American Banker

A customer claims the Massachusetts bank fined her numerous times over a single botched purchase. The bank paid her back but her class action lawsuit isn't going away.

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Banks' lower deposit costs are a sign of sluggish loan growth

American Banker

The industry should save on interest expenses this year as it follows the Fed's lead in cutting rates. The downside is that the lower deposit rates signal fewer opportunities to make loans.

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Outsource With Confidence for RDC Program Success

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.

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Finastra hires Chris Walters to be its new CEO

American Banker

Former Avantax executive Walters is replacing Simon Paris as Finastra's CEO.

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What small-business customers want from their banks

American Banker

The gulf between what small businesses need and what banks are providing could be an opportunity for bankers.

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CFPB to finalize rule removing medical debt from credit reports

American Banker

The Consumer Financial Protection Bureau finalized a rule that will remove medical bills from credit reports to end what the bureau called "coercive debt collection practices.

Report 36
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CFPB sues Experian for mishandling credit report errors

American Banker

Experian said it has gone "above and beyond the law" to investigate consumer disputes related to the accuracy of information.

Report 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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For the Fed's Michael Barr, less power is more

American Banker

Barr gave up his prestigious position as the Federal Reserve vice chair for supervision. In keeping his seat on the Board of Governors, he may have strengthened his hand in shaping banking regulation.

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Q&A: Acting Comptroller of the Currency Michael Hsu

American Banker

Acting Comptroller of the Currency Michael Hsu reflects on his tenure, the challenges of financial regulation, and the delicate balance of fostering innovation while maintaining trust in the financial system.

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Barr's self-demotion changes little for regulatory outlook

American Banker

Michael Barr's surprise announcement that he will step down as the Federal Reserve's chief regulator could ultimately mean little for the Federal Reserve's approach to regulation under the incoming Trump administration.

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JPMorgan becomes the last big U.S. bank to quit climate-banking group

American Banker

The banking giant's exit from the global Net-Zero Banking Alliance leaves just three smaller U.S. banks in the group. Climate activists called large banks' departures a capitulation to Republicans' climate denialism.

Groups 87
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Is Your Current Card Platform Holding You Back?

Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w