Fiserv CEO compensation rose last year to $28M
Payments Dive
APRIL 8, 2024
Compensation for Fiserv CEO Frank Bisignano climbed 57% over 2022, as the value of stock awarded to him surged and he received a $3 million cash bonus.
Payments Dive
APRIL 8, 2024
Compensation for Fiserv CEO Frank Bisignano climbed 57% over 2022, as the value of stock awarded to him surged and he received a $3 million cash bonus.
Perficient
APRIL 8, 2024
A top-leading bank, grappling with business and regulatory challenges, faced scrutiny after failing the Federal Reserve’s annual stress test. Addressing these deficiencies required a comprehensive approach, leading to the establishment of critical programs like the US Bank Holding Company (BHC) regulatory and comprehensive capital analysis and review (CCAR) program.
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Payments Dive
APRIL 8, 2024
Healthcare consumers are often confused about the bill payment process, while providers grapple with delays and high collection costs, according to a survey by the bank.
BankInovation
APRIL 8, 2024
JPMorgan continues its cloud migration efforts as it works to move its applications and data to the cloud this year. “Getting our tech to the cloud. … It’s essential,” Chief Executive Jamie Dimon said today in his 2023 letter to shareholders. The $3.
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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.
TheGuardian
APRIL 8, 2024
In annual letter to investors, Jamie Dimon warns ‘wars in Ukraine and Middle East could become far worse’ The boss of the US bank JP Morgan has warned that the world could be facing the most dangerous moment since the second world war, putting lives and economic growth at risk. In his annual letter to investors , Jamie Dimon said the world had been “generally on a path to becoming stronger and safer” in recent years but had suffered a major reversal in February 2022 when Russia invaded Ukraine.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
American Banker
APRIL 8, 2024
A combination of higher interest rates and increased vacancies — especially in office buildings — are leading to more apprehensions in commercial real estate.
The Paypers
APRIL 8, 2024
Hong Kong-based ZA Bank has announced plans to offer banking services for stablecoin issuers to cater to the increase in local web3 adoption.
American Banker
APRIL 8, 2024
The $5000 scholarship from American Banker and Discover is for high school seniors in New York City who are the first generation in their family to attend college. The deadline to apply is May 8, 2024.
The Paypers
APRIL 8, 2024
US-based fintech LemFi has received regulatory approval from the Central Bank of Kenya (CBK) to operate remittances in Kenya.
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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
American Banker
APRIL 8, 2024
Sen. Tim Scott, R-S.C., ranking member of the Senate Banking Committee, introduced a Congressional Review Act resolution to undo the Consumer Financial Protection Bureau's credit card late fee rule.
The Paypers
APRIL 8, 2024
UK-based B2B Buy Now, Pay Later (BNPL) solution provider Hokodo has announced that it secured a EUR 100 million debt facility from Viola Credit to support B2B transactions.
American Banker
APRIL 8, 2024
Any approval of the proposed Capital One-Discover merger must come with a pro-competitive 1% interchange fee condition to benefit consumers and small businesses and challenge the dominating duopolist Visa, and a pro-community 5% deposit reinvestment condition.
The Paypers
APRIL 8, 2024
Payment processing solutions company PayRetailers has announced that it secured its approval from the Central Bank of Brazil (BC) to operate as a payment institution.
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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.
American Banker
APRIL 8, 2024
Senate Majority Leader Chuck Schumer, D-N.Y., said that he would like to examine the proposed acquisition on "narrower bases.
The Paypers
APRIL 8, 2024
Financial information services company Experian has decided to acquire illion for nearly USD 542.10 million, in a bid to expand into Australia and New Zealand.
American Banker
APRIL 8, 2024
To help historic restaurants facing dramatic losses when COVID struck, American Express rolled out grants to 25 needy restaurateurs. Four years later, the program is reaching twice as many establishments and the card network's investment has more than doubled.
The Paypers
APRIL 8, 2024
France-based bank Crédit Agricole has partnered with Worldline to launch CAWL, a joint venture that provides tailored payment services to merchants.
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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.
American Banker
APRIL 8, 2024
In his annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon wrote that the bank has identified more than 400 use cases for artificial intelligence across marketing, fraud and risk. It has also amassed thousands of AI experts and data scientists and begun exploring deploying generative AI.
The Paypers
APRIL 8, 2024
Finyoz , a lendtech platform specializing in short-term invoice financing, has partnered with Currencycloud , a provider of services for simplifying business transactions across various currencies.
American Banker
APRIL 8, 2024
The case over the Consumer Financial Protection Bureau's $8 late fee rule has emerged as a flashpoint in a larger debate over "judge shopping," whereby plaintiffs seek venues with judges sympathetic to their complaints.
The Paypers
APRIL 8, 2024
CAB Payments Europe has announced that it secured a payment service provider licence with De Nederlandsche Bank and established headquarters in Amsterdam.
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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.
American Banker
APRIL 8, 2024
A new report sheds light on the lack of player protections against scams and exploitive data collection practices of video game companies.
The Paypers
APRIL 8, 2024
Finzly , a provider of money movement systems to financial institutions, has announced the launch of Account Galaxy, a solution designed to equip banks to participate in the embedded banking sector.
The Financial Brand
APRIL 8, 2024
This article How Bank of America Seamlessly Melded Five Apps into One appeared first on The Financial Brand. Blending BofA and Merrill apps into one with common functionalities was a step-by-step project that took years. This article How Bank of America Seamlessly Melded Five Apps into One appeared first on The Financial Brand.
The Paypers
APRIL 8, 2024
The Monetary Authority of Singapore (MAS) has granted a Major Payment Institution license to crypto market maker GSR Markets.
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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.
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