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.

Groups 79
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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.

US 83
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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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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.

Tools 195
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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.

America 41
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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.

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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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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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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.

America 36
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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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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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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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The Role of Automation in Commercial Lending

Automation is changing the game for commercial lenders, offering a clear path to competitive advantage in 2025. Rising costs, outdated workflows, and manual data entry slow growth and impact borrower satisfaction. Automation addresses these challenges, reducing costs, speeding up loan cycles, improving accuracy, and elevating borrower experiences. With market uncertainty easing, now is the time to act—waiting until loan volumes rebound leaves lenders unprepared and struggling to compete.

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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.

Fraud 36
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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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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.