Tue.Apr 01, 2025

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Three steps banks can take to reverse the financial illiteracy crisis

ABA Community Banking

Banks are uniquely positioned to jumpstart a positive societal impact and improve the financial health of their communities. The post Three steps banks can take to reverse the financial illiteracy crisis appeared first on ABA Banking Journal.

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Your Bank Marketing Roadmap: Transitioning from SMS to RCS

South State Correspondent

As of last month, 68% of iPhone users were running iOS 18 or higher and 92% of Android users are running their 5.0 iOS or higher. This means that thanks to recent Apple upgrades in their operating system, most phones are now capable of receiving Rich Communication Services (RCS) messages in addition to traditional SMS. This transformation promises to bring a plethora of benefits and global brands are now gearing up.

Marketing 195
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Clearing House ACH payments volume keeps climbing

Payments Dive

The Clearing House and Nacha both reported 6%-plus growth rates in ACH volume for last year, compared to 2023.

Payments 221
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Motor finance compensation ruling ‘goes too far’, says City regulator

TheGuardian

Financial Conduct Authority tells supreme court the 44bn bill could spook businesses and threaten UK investment A court of appeal ruling that has left lenders fearing PPI-level compensation bills over the motor finance commission scandal goes too far, the City regulator said on Monday. The Financial Conduct Authority (FCA) made the comments in a written submission to the supreme court on Tuesday, as part of a high-profile case being closely watched by the government.

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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EWS drops Zelle standalone app

Payments Dive

Zelle users will need to turn to their online banking portals starting today in light of Early Warning Services proceeding as planned with the shutdown of its Zelle app this month.

Online 195

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Alkami study shows a 25% rise in fraud losses reported in 2024

The Paypers

Alkami , a US-based provider of cloud-based digital banking solutions, has released research findings on fraud prevention and consumers' perceptions of data protection.

Fraud 69
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The federal government needs to lead the fight against scams and fraud

American Banker

More Americans than ever are falling victim to sophisticated financial scammers and fraudsters. A federal task force is needed to bring together the resources to effectively push back against criminals.

Fraud 73
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Bank mergers announced in multiple states

ABA Community Banking

Among the deals announced were proposed bank acquisitions in Oklahoma and Tennessee and the merger of two Massachusetts mutuals. The post Bank mergers announced in multiple states appeared first on ABA Banking Journal.

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What bankers should know about CDFI changes and FDIC pullback

American Banker

Decreased funding for Community Development Financial Institutions and the declawing of the Federal Deposit Insurance Corp. are top of mind for bankers.

FDIC 60
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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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UniCredit launches Banco BPM tender offer, awaits Consob approval

The Paypers

UniCredit , Italy's second-largest bank, has set a tender offer for Banco BPM , pending approval from Italy's market regulator, Consob.

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Why fintech-heavy Grasshopper bought a small Michigan bank

American Banker

"I can't just go fishing in the ocean," said Grasshopper Bank CEO Michael Butler, referring to his bank's ability to gather deposits. "JPMorgan Chase is out there with a yacht, and I'm driving a small speedboat.

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Mastercard launches initiative to boost virtual card adoption

The Paypers

Mastercard has launched a new initiative to accelerate the adoption of virtual cards, simplifying interactions between banks, platforms, and corporate users.

Cards 45
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Q&A: How Coinbase is partnering with law enforcement

American Banker

John Kothanek, who leads the crypto exchange's global intelligence team, shares some of the ways the company helps investigate on-chain crime.

Company 36
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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Republic Bank chooses Fiserv DNA for core banking upgrade

The Paypers

Republic Bank & Trust Company has selected the DNA platform from Fiserv to modernise its banking infrastructure as part of its digital transformation efforts.

Company 41
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OCC ends consideration of climate-related financial risks

American Banker

The Office of the Comptroller of the Currency Monday announced it would cease its participation in interagency principles for regulating climate-related risks at banks it regulates.

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Ingo Payments selects Marqeta as its issuer processing partner

The Paypers

Ingo Payments , an account funding and payout solutions provider, has selected Marqueta , a global card issuing platform, as its issuer processing partner.

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Lagarde sees danger that AI could breed inequality in Europe

American Banker

The ECB president said demand for higher-skilled workers who can use AI would rise, while those less able to learn new skills could suffer.

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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

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The Greek Church plans to launch a digital bank

The Paypers

The Church of Greece has prepared to apply for a banking licence, aiming to open its own digital bank within the coming months.

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The CFPB's trove of customer complaint data must be preserved

American Banker

The customer complaints received by the Consumer Financial Protection Bureau are not just a list of grievances. They are a vital source of information for banks and financial services firms, and must be retained.

Data 35
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Deutsche Bank invests GBP 250m in UK fintech Abound

The Paypers

UK-based fintech company Abound has secured GBP 250 million in funding from Deutsche Bank , achieving a lending capacity of GBP 1.6 billion.

Fintech 36
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'It can eliminate things we don't like doing': Vlad Lukic on AI

American Banker

Generative AI will remove toil from our day to day jobs, argues Lukic, who is managing director and senior partner at Boston Consulting Group.

Boston 28
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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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Circle plans IPO, targeting late April filing

The Paypers

Circle , the issuer of the USDC stablecoin, is preparing for an initial public offering (IPO) after a series of previous delays.

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House plans vote to kill CFPB payments rule

Payments Dive

The chamber’s measure revoking bureau oversight of large tech payments players has passed the Senate and would next head to an approving Trump.

Payments 349
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Zip expands into the risk management market

The Paypers

Zip has launched its new Risk Orchestration suite, which was developed in order to bring the company’s orchestration capabilities to supplier risk management.

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Strategas' Trennert withdraws from Treasury job due to health

American Banker

The co-founder of Strategas Securities is no longer in the running to become U.S. Treasury assistant secretary for financial markets due to a newly discovered health issue.

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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.