PayPal growth driven by Braintree
Payments Dive
MAY 9, 2023
PayPal's Braintree unit is bolstering the company's growth, but that expansion isn't as profitable as building its legacy business.
Payments Dive
MAY 9, 2023
PayPal's Braintree unit is bolstering the company's growth, but that expansion isn't as profitable as building its legacy business.
South State Correspondent
MAY 9, 2023
Last week ( HERE ), we looked at how deposit account tiering is used, some of the objectives that banks might employ, and the effectiveness of tiering in total. As discussed last week, many banks tier without objective, without data, and without supportive marketing, thus rendering the methodology worthless and possibly hurtful. We challenged several commonly held assumptions and presented data that would indicate that tiering accounts just by account balance may not be all that it is cracked up
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Payments Dive
MAY 9, 2023
A group of lawmakers asked the CEOs of large credit card issuers to explain their late fee practices.
South State Correspondent
MAY 9, 2023
In the wake of regional bank failures, one potential answer to equity shorting and bank runs is having the FDIC increase deposit insurance. The regulators are considering three options: raising the limit above $250k, raising the cap for only certain accounts (such as banks’ business accounts), or eliminating the cap entirely. Increasing insurance coverage on bank deposits will have unintended consequences and results contrary to what those in the banking industry want and what the U.S. e
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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.
Payments Dive
MAY 9, 2023
Payoneer is considering acquisitions that could extend product offerings or expand its footprint in emerging markets.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankBazaar
MAY 9, 2023
Meet Tanveer, a travel enthusiast who loves to explore new places and cultures. He has also been instrumental in helping the company explore new avenues with his contribution to shaping the web content and social media teams at BankBazaar. He pleasantly recalls when he was first approached by the recruitment manager, for the role of a content writer.
TheGuardian
MAY 9, 2023
Much depends on the housing market and there’s no agreement on how that’s faring right now With hindsight, one of Britain’s biggest building societies could definitely have picked a better day to launch a first-of-its-kind 100% mortgage. On Tuesday morning, just as the press release was being sent out and Skipton building society boss Stuart Haire was preparing for his BBC Radio 4 Today programme interview, the Halifax reported that average UK house prices fell in April, by 0.3% month on month,
The Paypers
MAY 9, 2023
White-label payment gateway provider Akurateco has announced its integration with Brazil-based payment method Pix through a partnership with WorldCard.
FICO
MAY 9, 2023
Home Blog Feed test UK Cards Data: Cardholders Spent More in February, But Paid Less New FICO data demonstrates cost-of-living pressures across spend and missed payments as UK consumers battle to manage finances Thu, 04/13/2023 - 23:40 JenniferPiccinino@fico.com by Liz Ruddick Principal Consultant expand_less Back to top Tue, 05/09/2023 - 09:50 Our latest data on UK credit card trends illustrates the financial balancing act many consumers are facing.
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Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.
The Paypers
MAY 9, 2023
US-based cryptocurrency exchange Bittrex has filed for bankruptcy protection following a complaint from the Securities and Exchange Commission.
BankInovation
MAY 9, 2023
Bank of America has deployed its AI assistant Erica internally, freeing up resources by saving employees thousands of hours spent previously on remedial tasks. Erica, which launched in 2018, has been assisting the $3.
William Mills
MAY 9, 2023
Technology has both enhanced and hindered the financial industry. While many institutions have used tech to modernize consumer experiences and streamline office processes, many institutions have fallen victim to “shiny object syndrome” and adopted solutions that have complicated their operations or simply don’t work as they should.
BankInovation
MAY 9, 2023
PayPal focused on operational efficiencies in the first quarter as AI presented opportunities for the company to save money and improve workflows. During the quarter, PayPal reduced its technology and development spend 12% year over year to $721 million, driven by an increased focus on cost control, according to the earnings presentation.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
The Paypers
MAY 9, 2023
US-based crypto solutions provider Ripple has expanded its presence in MENA by opening a new office location in Dubai.
Qudos Bank
MAY 9, 2023
You may have just been told you’ve gained conditional approval for a home loan, or perhaps you’ve simply heard the term mentioned as part of the home buying process. Either way, you might be wondering: what does conditionally approved mean, and what does this have to do with a home loan application? Read on to learn the essentials. What is a conditional approval?
The Paypers
MAY 9, 2023
Oman-based Bank Nizwa has formed a collaboration with Buna , a cross-border payment system owned by the Arab Monetary Fund.
The Banker
MAY 9, 2023
Tom Webley of Reed Smith identifies the many sources of litigation in the wake of recent banking turmoil, and warns banks against employing out-of-date protective tactics.
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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper
The Paypers
MAY 9, 2023
Global payments processor and card issuer, Mastercard , has recently announced the official launch of a Data and Services Hub in Malaysia, aimed to grow capabilities in various areas.
The Paypers
MAY 9, 2023
Saudi Arabia-based fintech PayTabs has announced that micro merchants and freelancers across the UAE, KSA, and Egypt can sell more over social media with ReelsPay by Paymes.
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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202
The Paypers
MAY 9, 2023
Digital business banking platform Tide has called on the government to introduce a new levy to fund and train more police officers to fight Britain’s fraud epidemic.
The Paypers
MAY 9, 2023
Financial infrastructure platform Stripe has announced a partnership with WhatsApp that enables Singapore-based businesses to accept payments in WhatsApp chats.
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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.
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