BankBazaar

SEPTEMBER 3, 2024

The post How Many Credit Cards Is Too Many? appeared first on BankBazaar - The Definitive Word on Personal Finance.

Cards 78

Cards Management 78

Payments Dive

SEPTEMBER 3, 2024

Two buy now, pay later companies pivoted in offering their services in the state because it insists they must be licensed to provide loans.

Maryland 243

Maryland Company 243

South State Correspondent

SEPTEMBER 3, 2024

Most community bankers we talk believe they will get a boost to bank performance with declining short-term rates. The thinking is that a lower Fed Funds rate will mitigate credit risk, spur loan demand and potentially soften competition for deposits, leading to wider NIM and more profitability. Unfortunately, the empirical evidence shows otherwise.

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Community Bank Community FDIC Industry 195

Payments Dive

SEPTEMBER 3, 2024

A recent survey by the bank is leading it to bring its payments and banking tools together to work for small and mid-size business clients in a more simplified way.

Payments 195

Payments Survey Tools 195

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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.

Groups

TheGuardian

SEPTEMBER 3, 2024

Regulator said to be planning cut to maximum amount available to victims from £415,000 to about £85,000 The UK is reportedly poised to slash the planned maximum amount that banks will have to refund to fraud victims – from £415,000 to about £85,000 – after strong lobbying from lenders, fintechs and some politicians. Fraud in the UK payments industry has soared in recent years, with a sharp rise in authorised push payment (APP) scams, which often involve email accounts being hacked to trick peopl

Fraud 111

Fraud Report Regulation Fintech 111

BankInovation

SEPTEMBER 3, 2024

Chase customers claimed to have identified a glitch in Chase ATMs during Labor Day weekend, allowing them to deposit false checks and withdraw large sums of cash from accounts potentially without the funds to cover the withdrawals. This past weekend, Chase clients took to TikTok to share “the glitch” in the $3.8 trillion bank’s system. […] The post Chase check fraud not ‘a glitch,’ expert says appeared first on Bank Automation News.

Fraud 79

Fraud ATM System Security 79

American Banker

SEPTEMBER 3, 2024

As more women generate and steward great wealth, they must also strive to develop and maintain financial wellness. The wealth management industry has a vital role to play in helping dynamic women on their journey.

Management 81

Management Industry 81

BankInovation

SEPTEMBER 3, 2024

U.S. Bank is developing AI and automation-driven solutions to improve productivity for its small and medium-sized business clients. Nearly 71% of U.S.-based SMBs think that digital solutions including AI and financial management tools can make their jobs easier, according to the U.S. Bank 2024 Small Business Perspective survey published on Aug. 26.

Meeting 74

Meeting Tools Survey Management 74

Tomorrow's Transactions

SEPTEMBER 3, 2024

Fime, a global leader in consulting, testing, and certification services, is excited to announce the acquisition of Consult Hyperion, a renowned consultancy firm with expertise across payments, smart mobility and digital identity. The acquisition augments and cements Fime’s ability to deliver comprehensive consulting and advisory services—from ideation to implementation and testing—across these key sectors.

Mobile 74

Mobile Payments 74

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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

Community Bank

American Banker

SEPTEMBER 3, 2024

Northwest Federal Credit Union in Herndon, Virginia, will follow FedEx as stadium-name partner for the Washington Commanders, gaining branding rights for which the logistics giant was paying nearly $8 million annually.

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Virginia Washington Branding Community Bank 74

The Paypers

SEPTEMBER 3, 2024

The Federal Council has decided to adopt further measures of the EU’s 14th package of sanctions against Russia, in response to its ongoing military aggression against Ukraine.

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67

Realwired Appraisal Management Blog

SEPTEMBER 3, 2024

You know that feeling when you’re driving on the interstate, when suddenly, police lights flash and sirens blare behind you? That pit in your stomach feeling. Appraisers have that same feeling-petrified of making mistakes…almost every day. It’s the boogeyman hiding under every appraisal report.

Report 59

Report 59

The Paypers

SEPTEMBER 3, 2024

HDFC Bank has introduced new features for the Unified Payments Interface (UPI) and Central Bank Digital Currency (CBDC), developed in collaboration with various fintech partners.

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Fintech Payments 66

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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.

Lending

American Banker

SEPTEMBER 3, 2024

People filmed themselves depositing bad checks, then quickly transferring or withdrawing the funds. Then they shared screenshots of their negative balances.

Fraud 69

Fraud Technology 69

ABA Community Banking

SEPTEMBER 3, 2024

The CDFI Fund’s revised application process will make it difficult for many mission-focused CDFI banks to achieve recertification unless further changes are made, according to a joint letter by ABA and two associations. The post ABA, associations: Revised application process will impede CDFI recertification appeared first on ABA Banking Journal.

Community Bank 52

Community Bank Policies Community 52

The Paypers

SEPTEMBER 3, 2024

MENA-based Buy Now, Pay Later (BNPL) platform Tabby has announced that it entered into a definitive agreement to purchase Tweeq , with the latter being set to continue to operate independently.

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Operations 48

American Banker

SEPTEMBER 3, 2024

Acting Comptroller of the Currency Michael Hsu called for a shift from rigid, process-driven supervision to a more risk-based approach, emphasizing the need for overseers to prioritize pressing supervisory issues and improve their agility in monitoring large banks.

Compliance 52

Compliance Regulation 52

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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.

Analysis

The Paypers

SEPTEMBER 3, 2024

Financial services company Income Group has entered into a collaboration with Griffin to expand its service offering by integrating the latter’s savings account into the IGsend platform.

Groups 45

Groups Company 45

Tomorrow's Transactions

SEPTEMBER 3, 2024

Fime, a global leader in consulting, testing, and certification services, is excited to announce the acquisition of Consult Hyperion, a renowned consultancy firm with expertise across payments, smart mobility and digital identity. The post Fime Acquires Consult Hyperion, Creating a Global Consulting Leader in Payments, Smart Mobility, and Digital Identity first appeared on Consult Hyperion.

Mobile 39

Mobile Payments 39

The Paypers

SEPTEMBER 3, 2024

End-to-end payments platform Ecommpay has announced the inclusion of three Italian Alternative Payment Methods (APMs), aiming to expand its global footprint.

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Payments 45

American Banker

SEPTEMBER 3, 2024

The trucking and transportation industry is highly fragmented with hundreds of thousands of participants and different processing systems. The $1 trillion in revenue has drawn processors and card companies armed with new tech.

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Payments Industry System Cards 36

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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.

Lending

The Paypers

SEPTEMBER 3, 2024

UK-based fintech company Atlantic Money has announced the launch of Portals, a new solution that enables customers to make international transfers directly from their bank accounts.

Fintech 41

Fintech Company 41

American Banker

SEPTEMBER 3, 2024

The Federal Reserve's independence in setting monetary policy is critical to global confidence in U.S. markets and the dollar's status as reserve currency of choice. Making those functions constitutionally separate from the executive branch is the best way to ensure that independence.

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Policies Marketing Compliance Regulation 50

The Paypers

SEPTEMBER 3, 2024

Australians have lost USD 122 million to crypto-related investment scams over the past year, according to a statement released by the Australian Federal Police.

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41

American Banker

SEPTEMBER 3, 2024

The sale of the $318 million-asset portfolio comes five weeks after the Greenville, South Carolina-based company agreed to sell its investment advisory unit.

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South Carolina Community Company Regional 36

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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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