ABA Community Banking
MARCH 6, 2025
Regulatory uncertainty and banking industry advocacy likely led to a slowdown in credit union acquisitions of banks so far in 2025, the industry news publication American Banker reported. The post Report: Bank-credit union mergers have hit a lull appeared first on ABA Banking Journal.
Payments Dive
MARCH 6, 2025
The Senate backed a resolution to overturn a Consumer Financial Protection Bureau rule that gave the agency oversight of big tech companies offering payment tools.
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BankUnderground
MARCH 6, 2025
Michal Stelmach , James Kensett and Philip Schnattinger Economists frequently use the vacancies to unemployment (V/U) ratio to measure labour market tightness. Analysis of the labour market during the current inflationary period often assumes the V/U ratio is constant and compares this measure with a supposed pre-2019 equilibrium. However, the V/U ratio has trended upwards over recent decades.
Payments Dive
MARCH 6, 2025
The payment processor’s CEO designate, Mike Lyons, has won over analysts and investors with his experience at bank clients and payment peers. He’s expected to take over from Frank Bisignano later this year.
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Gonzobanker
MARCH 6, 2025
Digital banking solution provider Alkami has announced it will acquire account opening solution provider MANTL for $400 million. Here’s my 5-point gut take on the deal Deposit origination: Job #1. Ron Shevlin’s Whats Going On in Banking research shows deposit gathering is still the #1 challenge for banks while new member growth (requiring deposit accounts) is the #1 challenge for credit unions.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
TheGuardian
MARCH 6, 2025
Treasury committee finds disruption a result of 158 IT incidents affecting millions of customers Customers at Britains major banks and building societies suffered the equivalent of more than one months worth of IT failures in the last two years, MPs have said. Enquiries by the House of Commons Treasury committee have found that nine of the top banks and building societies operating in the UK accumulated a total of at least 803 hours, the equivalent of more than 33 days, of unplanned tech and sys
Jack Henry
MARCH 6, 2025
You may have recently heard that Early Warning Services has decided to decommission the Zelle Common Mobile Application (CMA), also known as the Purple App or the Zelle standalone app, for out-of-network transactions. This significant change will impact how users send and receive money, particularly those who rely on the standalone app because their institution is not a Zelle Network participant.
TheGuardian
MARCH 6, 2025
Bank says it has fixed mobile and telephone service outages after people unable to make payments Santander has fixed the problems affecting its banking services after many customers were left unable to access their accounts. The bank apologised for any inconvenience caused and said no customers would be left out of pocket as a result of the outages.
The Emmerich Group
MARCH 6, 2025
Everyone has patterns of disbelief. Some people believe that in politics, there is one side or the other, and they’re unwilling to look at the alternative. Still others believe that the moon is made of cheese. You may have a belief system that’s true. You may have a belief system that’s not true. And the question that we have to look at as an executive is, “what has to be true for us to challenge what we believe to be true?
Advertiser: ZoomInfo
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TheGuardian
MARCH 6, 2025
The Guardian would like your help to find out more about fake adverts or news articles that promote fraudulent crypto schemes on platforms like Facebook and Google A Guardian investigation has shown how a single group of call centres in Tbilisi, the capital of Georgia, scammed savers out of $35m. Victims were lured with fake adverts and news articles, often featuring celebrities, including the radio DJ Zoe Ball and the adventurer Ben Fogle, which they saw on sites like Facebook and Google.
American Banker
MARCH 6, 2025
H20.ai, Ethos and Corridor Platforms are among the tech companies that have recently released software designed to help banks keep generative AI in check.
The Paypers
MARCH 6, 2025
Global payment service provider and acquirer emerchantpay has solidified its footprint in Latin America with scaled local acquiring connections and payment options in Brazil and Mexico.
American Banker
MARCH 6, 2025
The GENIUS Act is an ill-conceived bill that will allow the largely unregulated sale of stablecoins to the public. The risks it poses for investors, the financial system and the broader economy are unacceptably high.
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The Paypers
MARCH 6, 2025
Swedish fintech firm Klarna has been planning on raising at least USD 1 billion in a US IPO, with the company looking to file publicly as soon as next week.
American Banker
MARCH 6, 2025
The company lets business owners co-mingle personal and business finances in one app.
The Paypers
MARCH 6, 2025
Tuum has become a Mastercard Digital Activity Service Provider, aiming to enable banks and fintechs to offer secure digital payment solutions.
American Banker
MARCH 6, 2025
Following a record-setting 2024, only one transaction involving a credit union buying a bank has been announced so far this year. Seller concerns about regulatory approval and pushback from bank industry groups have contributed to the slowdown.
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The Paypers
MARCH 6, 2025
Skyfire , a payment network designed for AI-driven transactions, has officially launched its full-featured infrastructure following a period of beta testing.
American Banker
MARCH 6, 2025
The chairman of the House Financial Services Subcommittee on Financial Institutions will reintroduce a bill at noon today designed to speed up the bank merger review process.
The Paypers
MARCH 6, 2025
BVNK , a provider of stablecoin payment infrastructure, has announced that it rolled out an embedded wallet that merges fiat and stablecoins worldwide.
American Banker
MARCH 6, 2025
Executives at American Banker's Payments Forum in San Francisco said artificial intelligence and embedded finance will dominate investments in the coming year.
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The Paypers
MARCH 6, 2025
Santander has secured regulatory approval to acquire an 89.9% stake in Tresmares Capital , a platform specialising in alternative financing and private equity.
American Banker
MARCH 6, 2025
The New Jersey bank, which has been investing in its capital markets business, recently helped the fintech lender Best Egg securitize and sell $160 million of loans.
The Paypers
MARCH 6, 2025
Germany’s Federal Financial Supervisory Authority ( BaFin ) has imposed administrative fines of EUR 23 million on Deutsche Bank for breaching regulations under the German Securities Trading Act.
American Banker
MARCH 6, 2025
In a public appearance Thursday, Federal Reserve Gov. Christopher Waller said the founding fathers supported independent money management and undoing it now would be a mistake.
Advertiser: ZoomInfo
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