Wed.Jan 29, 2025

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Gen Z still prefers in-person shopping

Payments Dive

The generation prioritizes buying beauty and luxury goods in person, placing a premium on the physical shopping experience, research from Adyen shows.

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Lloyds Banking Group to shut another 136 UK high street branches

TheGuardian

Lloyds, Halifax and Bank of Scotland branches to close as group accelerates shift to digital and mobile banking Business live latest updates Lloyds Banking Group has revealed plans to shut another 136 branches, weeks after a policy allowing customers to do their in-person banking across any of its three brands sparked fears that bosses could close up to a quarter of its high street sites.

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Apple, Google coalition seeks to skirt payments rule

Payments Dive

Tech advocacy groups argue the tech giants should not be subject to a Consumer Financial Protection Bureau rule because they aren’t payment companies, according to a lawsuit filed this month.

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Ondo Finance provides tokenized US Treasuries to the XRP Ledger

The Paypers

Ondo Finance , a player in onchain finance, has announced that it now offers tokenized US Treasuries to the XRP Ledger (XRPL), in turn expanding the range of institutional-grade products onchain.

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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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HSBC sunsets year-old app Zing

Payments Dive

The bank launched the money transfer app last year in a bid to compete with cross-border payments companies like Wise and Remitly, but is shuttering the operation now.

More Trending

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Amex GBT rolls out emissions-based carbon pricing tool

Payments Dive

American Express Global Business Travel said its new tool will help business travelers calculate their carbon footprint and direct investments toward sustainability initiatives.

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Akurateco teams up with DineroPay to improve mobile payments in Saudi Arabia

The Paypers

White-label payment gateway provider Akurateco has joined forces with DineroPay to advance Saudi Arabia’s mobile payments sector.

Mobile 53
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Plumas Bancorp strikes deal to acquire peer in California

American Banker

The Reno, Nevada-based buyer said it would pay $64.6 million in cash and stock for Cornerstone Community Bancorp, and it expects to close the transaction in the second half of the year.

Nevada 41
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BofA and JP Morgan to petition White House and Congress following conservative appraisal

The Paypers

Bank of America (BofA) and JP Morgan have announced their intention to lobby the White House and Congress following accusations of closing accounts of conservative customers for political reasons.

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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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Federal Reserve holds benchmark interest rate steady

American Banker

The nation's central bank held interest rates steady in its first decision of the year.

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France deepens probe into Binance over alleged ML

The Paypers

French authorities have announced their decision to extend the 2023 investigation into Binance , over alleged money laundering accusations.

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Banks say preventing fraud is top spending priority: Research

American Banker

A survey by American Banker indicates that check fraud is the top fraud concern for banks, especially smaller ones. This is driving spending to prevent it.

Fraud 41
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Alliant Credit Union partners with Backbase

The Paypers

US-based digital-only credit union Alliant Credit Union has announced its partnership with Backbase in order to accelerate banking development.

US 41
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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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UMB soars while Heartland stumbles just before deal closes

American Banker

In the fourth quarter, UMB Financial's earnings outpaced Wall Street's estimates but the bank it's acquiring, Heartland Financial, fell short of them.

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Coinbase expands to Argentina with regulatory approval

The Paypers

Coinbase has expanded its operations to Argentina after obtaining Virtual Asset Service Provider (VASP) registration from Argentina’s National Securities Commission (CNV).

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Global banks make little headway in addressing climate change

American Banker

Banks have faced considerable criticism for continuing to profit handsomely from their partnership with Big Oil in the face of a planetary climate crisis.

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Lloyds Bank to close 136 branches across the UK

The Paypers

UK-based financial institution Lloyds Banking Group has announced its plans to shut down another 136 branches across the region, aiming to adapt its operations to customers’ shift towards digital banking.

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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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Your Guide to Accountholder Retention Marketing Strategies

Image Works Direct

Its no question that continued growth is a key part of any financial institutions success. To achieve this, its important to not only gain new accountholders but also retain your existing ones. Makes sense, right? But for many institutions, its not truly that simple.

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AFS expands into UAE to advance the digital payments ecosystem

The Paypers

Arab Financial Services ( AFS ), a provider of digital payment solutions across the MEA, has expanded into the UAE to advance the digital payments ecosystem.

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Powell: law-abiding crypto customers shouldn't lose accounts

American Banker

The Federal Reserve chair said banks are well suited to handle risks related to crypto-related customers, but the threshold for engaging in such activities directly.

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Skipify teams up with Retail Realm

The Paypers

Skipify , a financial technology firm, has revealed a partnership for integration with Retail Realm , a global Microsoft ISV specialising in retail and commerce.

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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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Trump Media launches financial services and fintech brand

American Banker

Truth.Fi will offer ETFs, cryptocurrencies and crypto-related securities.

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Zest AI partners with MeridianLink for fraud detection solution

The Paypers

Zest AI , a company specialised in AI lending technology has recently announced a new strategic partnership with MeridianLink , a provider of modern software platforms for financial institutions.

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CFPB, Treasury union urge staffers to ignore Trump buyouts

American Banker

The National Treasury Employees Union and the chief of staff at the Consumer Financial Protection Bureau told employees not to respond to the mass email asking federal workers to resign.

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GCEX integrates with Fireblocks to build businesses on blockchain

The Paypers

GCEX , a provider of digital assets and foreign exchange solutions, has integrated with the enterprise platform Fireblocks to manage digital asset operations and build businesses on blockchain.

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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.