Accenture

JULY 1, 2024

In part one of my blog, I explored how current macroeconomic events are akin to a solar storm and the Northern Lights are the manifestation of the banking industry’s reaction to uncertainty. In part two, I will discuss key areas banks should focus on to avoid becoming paralyzed by the challenges they face. Over the… The post Navigating the storm: Strategic focus areas for retail banks in uncertain times appeared first on Accenture Banking Blog.

Retail 345

Retail Management Data 345

Payments Dive

JULY 1, 2024

A proposed Visa-Mastercard settlement failed partly because a judge overseeing the case determined large merchants wouldn’t benefit as much as smaller merchants.

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368

BankInovation

JULY 1, 2024

Data insights company S&P Global is developing internal- and external-facing generative AI tools to boost efficiencies — and it hopes to monetize the technology by offering it to customers.

Tools 127

Tools New York Data Technology 127

Payments Dive

JULY 1, 2024

Research from online payments processor Stripe found that providing BNPL increases the average size and total number of sales.

Online 393

Online Payments 393

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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.

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Jeff For Banks

JULY 1, 2024

Financial Markets Update – Second Quarter 2024 A dream vacation! I went with family and friends to Holland and Belgium during peak tulip season during April. It was so beautiful and lots of fun. We saw so many fabulous places, including Amsterdam, Kinderdijk and its windmills, Keukenhof Gardens, Brussels, Bruges, and Antwerp. We learned how Holland keeps the floodwaters away.

Marketing 153

Marketing Conference Policies Survey 153

The Paypers

JULY 1, 2024

Sweden-based biometrics company Fingerprint Cards (Fingerprints) has partnered with paytech Valid to develop a biometric payment card for the Brazilian market.

Cards 88

Cards Payments Marketing Company 88

American Banker

JULY 1, 2024

In this edition of American Banker's news quiz, test yourself on the Synapse bankruptcy, the growth of alleged violations of the Fair Credit Reporting Act, Funding Circle's sale of U.S.-based assets and more.

Report 74

Report Cyber Security Industry Security 74

BankInovation

JULY 1, 2024

Payments go beyond the transfer of money, and financial institutions can customize each step of the process through vendor selection.

Payments 77

Payments 77

American Banker

JULY 1, 2024

CRTs have changed since the financial crisis. But the eventual credit cycle turn is likely to show again that weaker banks' CRT use merely transformed, but did not eliminate, risk.

Policies 74

Policies Compliance Regulation 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

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The Paypers

JULY 1, 2024

Shopify has announced to its users and customers in the region of Europe that Amazon Pay will no longer be available as a payment option starting in August this year.

Regional 73

Regional Payments 73

American Banker

JULY 1, 2024

Silvergate's former CEO and onetime chief risk officer settled allegations that they misled investors about the strength of the bank's anti-money laundering compliance program. Meanwhile, Silvergate's former CFO denied separate allegations by the SEC and vowed to defend himself in court.

Compliance 50

Compliance cryptocurrency Regulation 50

The Paypers

JULY 1, 2024

The central banks of India, Malaysia, Thailand, Singapore, and the Philippines have announced their plans to launch an instant cross-border retail payments platform.

Payments 69

Payments Retail 69

American Banker

JULY 1, 2024

The court didn't rule on the merits of any regulation, but made it much easier to challenge rules governing banking.

Regulation 67

Regulation Payments 67

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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

The Paypers

JULY 1, 2024

UK-based digital bank Monzo has announced the launch of additional app-based security control tools to safeguard individuals’ savings whose phones were stolen by criminals.

Security 45

Security Tools Digital Banking 45

American Banker

JULY 1, 2024

Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking Committee, told Synapse's partner banks, fintech companies and investors to pool together resources to immediately restore customer's access to deposits frozen in lengthy bankruptcy proceedings.

Ohio 61

Ohio Resources Fintech Company 61

The Paypers

JULY 1, 2024

Global asset manager BlackRock has entered an agreement to acquire UK-based data firm Preqin for USD 3.23 billion in cash and further expand its presence in alternative investments.

Data 45

Data Management 45

American Banker

JULY 1, 2024

The bank has seen positive returns expanding its national branch network, but it is contending with fraudsters who are increasingly targeting branches.

Fraud 53

Fraud National Cyber Security Security 53

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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

JULY 1, 2024

Payment automation platform provider FlexPoint has entered a strategic collaboration with Pax8 , allowing it to introduce its financial platform in the latter’s Marketplace.

Payments 41

Payments 41

American Banker

JULY 1, 2024

Even as more transactions go fully digital via apps and devices, one card manufacturer is betting that metal payment cards have a long-term future as status symbols — and secure payment devices.

Cards 41

Cards Security Payments 41

The Paypers

JULY 1, 2024

The Financial Action Task Force (FATF), a global Anti-Money Laundering (AML) organisation, has announced that India passed its review, achieving a high level of technical compliance.

Compliance 41

Compliance 41

Image Works Direct

JULY 1, 2024

As someone who has many family members who have served, and are serving, in our armed forces, I have special appreciation for those who give up everything at home to put themselves in harm’s way to serve the good of our country. In the spirit of “the good,” let’s focus on our blessings during this Independence Day.

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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

JULY 1, 2024

The provider of payment infrastructure solutions EBA CLEARING has announced the publication of user specifications for its Verification of Payee service.

Payments 45

Payments 45

American Banker

JULY 1, 2024

Ficklin has been the CFPB's only fair lending director since 2011, establishing the office under Elizabeth Warren and pushing fair lending enforcement beyond mortgages into other financial products such as credit cards.

Lending 31

Lending Cards Industry Compliance 31

The Paypers

JULY 1, 2024

Jumio has launched new research that finds 78% of consumers in the region of Singapore are ready to switch banks over inadequate fraud protection.

Regional 45

Regional Fraud 45

The Financial Brand

JULY 1, 2024

This article What Bang Do Financial Marketers Get for Their Bucks? appeared first on The Financial Brand. More marketing spend drove higher loan and deposit levels in all but one bank size category in 2023. But revenue boosts were more elusive. This article What Bang Do Financial Marketers Get for Their Bucks? appeared first on The Financial Brand.

Marketing 36

Marketing Branding Marketing Strategies Banking Trends 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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