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.
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.
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
Circle, Stripe and Coindesk all make moves to add scale for digital asset transactions.
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
The focus should be on the millions of Americans whose credit reports contain serious errors, and who are increasingly desperate for relief.
Speaker: Gary Dmitriev
Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.
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
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.
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
Former employees of the Austin-based City National Bank still recall the 1981 flood that deluged the city and Whole Foods, and they take pride in the lender's role in rescuing what was then a fledgling health food store.
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Discover First Mid Bank's Expansion Success with Our Case Study! Discover how First Mid Bank & Trust fast-tracked market expansion through advanced automation and compliance solutions. This case study reveals their journey from facing challenges in Texas' complex legal landscape to achieving rapid market entry with GoDocs' innovative commercial closing platform.
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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Shifting liability for digital fraud losses represents a significant challenge for financial institutions and payment service providers. In response to the global surge in digital fraud, regulators are introducing policies that transfer the cost of fraud from defrauded customers to financial institutions. ThreatMark’s newly released white paper, "The Liability Shift: Understanding Fraud Losses Responsibility and Mitigation," provides an in-depth analysis of this shift, its implications, and stra
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.
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
Netherlands-based financial service provider Mollie has partnered with BNPL company Riverty to add a flexible payment method for its customers.
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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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.
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.
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
US-based Broadridge Financial Solutions has acquired CompSci Resources , a privoder of cloud-based fintech software for processing SEC filings for companies and funds.
The Paypers
JULY 3, 2024
The ABA has released the outcomes of a strategic review conducted by Accenture on the implementation of Australia’s Consumer Data Right (CDR) framework.
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