Payments Dive
JULY 3, 2024
The Consumer Financial Protection Bureau has long wanted buy now, pay later loans to be listed on consumer’s credit reports. So why didn’t it include that in a March rule for the industry?
BankInovation
JULY 3, 2024
Hudson, Mass.-based bank Avidia Bank has selected digital banking service provider Q2 to improve its digital banking capabilities. The $2.5 billion bank will also tap data-driven personalization fintech Personetics’ AI-driven engagement platform through Q2’s platform, Avidia Chief Marketing Officer at Avidia Bank, Janel Maysonet told Bank Automation News.
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Payments Dive
JULY 3, 2024
The tech company, whose tools are used by numerous stores, cut employees in its sales, engineering, professional services, data and product management teams last week.
American Banker
JULY 3, 2024
In this month's roundup of top banking news: a cease-and-desist issued by the Federal Reserve, high CFO turnover, the end of Chevron deference and more.
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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.
TheGuardian
JULY 3, 2024
People in developing countries are particularly affected after the business stopped processing transactions Thousands of people in developing countries have been left waiting for vital payments that many rely on to live after the Small World money transfer service collapsed. The company, part of LCC Trans-Sending, which allowed users to send cash for pickup collection in more than 170 countries, ceased trading on 10 June.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankInovation
JULY 3, 2024
Financial institutions are looking to mergers and acquisitions to expand their footprints in growing markets and leaning on their growth for technology investment. For smaller financial institutions, their M&A strategy is usually “to get a bigger portfolio of assets to smooth your expense base as the costs of regulation are going up,” Dan Goerlich, U.S.
American Banker
JULY 3, 2024
With the line between banks and fintechs growing ever blurrier, financial services supervisors ought to consider adjusting regulation to fit the kinds of activity an institution is engaged in.
The Paypers
JULY 3, 2024
UK-based debt management software Flexys has entered a collaboration with Tuum to enable banks to optimise and improve debt collection and management.
American Banker
JULY 3, 2024
Circle, Stripe and Coindesk all make moves to add scale for digital asset transactions.
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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
The Paypers
JULY 3, 2024
The Central Bank of the UAE (CBUAE) has announced that it issued the Open Finance Regulation, aiming to ensure the security and efficiency of Open Finance solutions in the region.
American Banker
JULY 3, 2024
The focus should be on the millions of Americans whose credit reports contain serious errors, and who are increasingly desperate for relief.
The Paypers
JULY 3, 2024
Digital banking solution for SMEs and entrepreneurs in Europe FINOM has announced the availability of its IBAN accounts in Spain, expanding its solutions to the region.
American Banker
JULY 3, 2024
Reconciliation problems normally don't happen on the scale that is playing out with Synapse and its partner banks. But banks and their fintech partners can do a better job of communicating the realities of accessing financial services through nonbank entities.
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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.
The Paypers
JULY 3, 2024
Mountain America Credit Union (MACU) has extended its partnership with Alkami Technology to leverage its digital banking platform and Data & Marketing Solutions.
American Banker
JULY 3, 2024
Wise, Affirm and Bilt Rewards are among the seven fintechs whose customers' data has gotten tied up in the breach. The number of affected companies is likely to grow.
The Paypers
JULY 3, 2024
EQ Bank , the digital arm of Equitable Bank, has leveraged Adoreboard ’s AI-powered insights to enhance customer trust and streamline feedback analysis.
American Banker
JULY 3, 2024
Warren chided the Federal Reserve chairman for having multiple private meetings and talks with top executives — including 19 with JPMorgan Chase CEO Jamie Dimon.
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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.
The Paypers
JULY 3, 2024
Paxos has announced that its subsidiary, Paxos Digital Singapore, has received approval from the Monetary Authority of Singapore ( MAS ) to issue stablecoins.
American Banker
JULY 3, 2024
The attack knocked out online banking, mobile banking and the call center at Patelco Credit Union.
The Paypers
JULY 3, 2024
UAE-based Zand Bank has chosen Taurus , a digital asset technology provider, to cover all of its digital asset infrastructure: custody, tokenization and blockchain connectivity.
The Financial Brand
JULY 3, 2024
This article How to Crack the Code on Banking for Millennials appeared first on The Financial Brand. Millennials are diverging from older generations in core attitudes to their money and finances. Here's why and how. This article How to Crack the Code on Banking for Millennials appeared first on The Financial Brand.
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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.
The Paypers
JULY 3, 2024
Netherlands-based financial service provider Mollie has partnered with BNPL company Riverty to add a flexible payment method for its customers.
American Banker
JULY 3, 2024
The U.S. 30-year yield reached the highest level in a month on Monday amid predictions that a Trump presidency would lead to higher inflation.
The Paypers
JULY 3, 2024
Global provider of financial information SIX has announced the launch of the Independent Valuation Service for financial instruments developed in collaboration with Avaloq.
The Paypers
JULY 3, 2024
US-based Broadridge Financial Solutions has acquired CompSci Resources , a privoder of cloud-based fintech software for processing SEC filings for companies and funds.
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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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