Fri.Aug 23, 2024

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Surcharging doesn’t have to be a bad word

Payments Dive

“The time has come to rethink surcharging not as a necessary evil but as a strategic advantage that can benefit both businesses and customers,” writes a Billtrust executive.

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Optimize Your Fraud Prevention Using a Layered Strategy

Jack Henry

Did you know that data from the Federal Trade Commission shows consumers reported losing nearly $9 billion to fraud in 2022, up 30% over the previous year?

Fraud 158
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Fed’s Waller eggs on payments research

Payments Dive

Federal Reserve Governor Christopher Waller encouraged attendees at a summer research workshop to keep exploring payments systems, and innovations to overcome frictions in financial markets.

Payments 243
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The Attendee Advantage of Jack Henry™ Connect 2024

Jack Henry

You may assume those outside your technology or innovation departments – especially those in marketing – don’t have a ton to gain from attending Jack Henry Connect.

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Back to Basics with Reconciliations

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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What's on the horizon for self-service banking?

ATM Marketplace

Bradley Cooper, editor of ATM Marketplace, spoke with Joe Myers, EVP of global banking at Diebold Nixdorf about the ins and outs of self-service banking solutions and trends.

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More Trending

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Former Synapse CEO raises $11 million for his new robotics startup

American Banker

The banking-as-a-service company is still going through bankruptcy proceedings and millions in customer funds remain missing, but founder Sankaet Pathak has already made a fresh start and won venture capital support.

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Chase Customer Insights tool expanding for businesses

BankInovation

JPMorgan Chase will expand the accessibility of its data-driven business intelligence platform, Chase Customer Insights, to meet the demands of business clients.

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What Should I Look for in Commercial Loan Lenders?

Commercial Lending USA

The U.S. commercial real estate market has changed a lot. According to new data from the National Association of Realtors®, lending standards have become 38% stricter since 2017. This makes it harder and harder to get commercial loans, and the total transaction volume will reach $800 billion in 2022, which is 28% less than the previous year.

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CFPB probes emerging AI-based tech

BankInovation

The Consumer Financial Protection Bureau has once again made it clear that new AI- and machine learning-based technologies are held to the same consumer protection regulations as established technologies.

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How a Managed Services Partner Can Reduce the Friction in Your RDC Program

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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'Oversight issues' at NY's Home Loan bank; new tool IDs 'CDFI deserts'

American Banker

The Federal Home Loan Bank of New York paid its departing director of diversity and inclusion $561,600 after an external review found "oversight issues" that led to a shake-up of the bank's human resources department; CDFI Friendly America launches an online mapping system to spotlight growth opportunities nationwide; global law firm A&O Shearman expands its U.S. debt finance team; and more in this week's banking news roundup.

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Surety Bank partners with Apiture

The Paypers

Florida-based Surety Bank has announced its partnership with Apiture in order to leverage its digital banking platform and power online and mobile banking solutions.

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How banks are boosting the eco-friendly cards movement

American Banker

Bank of America , Citigroup, HSBC and others are increasingly using sustainable and recycled materials for manufacturing

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Transact365 secures Canadian licence

The Paypers

UK-based global payments platform Transact365 has secured a new Canadian FINTRAC MSB license, accelerating its expansion process and growing its suite of solutions.

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Budget Playbook for Commercial Lenders — Bank and Credit Union Edition

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.

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Scotiabank's cautious U.S. expansion: A departure from Canadian peers

American Banker

The third-largest Canadian bank's proposed minority stake in KeyCorp is an unconventional way to generate more U.S. revenue. Analysts say it's a less risky approach than buying an American bank outright.

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InvoiceASAP taps Adyen for instant payouts

The Paypers

US-based provider of invoicing and payments for SMEs InvoiceASAP has partnered with Adyen to offer instant access to deposited funds for small businesses via FedNow.

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How Charlie Financial is protecting seniors from payment fraud

American Banker

Most financial institutions are seeking ways to speed up payments, but one neobank is looking to slow them down to protect a segment of the population frequently targeted by scams.

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SEBI issues new cybersecurity framework

The Paypers

India-based regulator for the Securities and Exchange Board of India (SEBI) has announced the release of a new cybersecurity framework for all regulated entities.

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It Takes Two to Tango

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.

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Fed's Powell: 'The time has come for policy to adjust'

American Banker

In his speech at the Federal Reserve's Jackson Hole Economic Symposium, the Fed chair said employment losses are now a bigger risk than elevated inflation.

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Convera launches Embedded Payment solution

The Paypers

US-based B2B payments company Convera , in collaboration with Ascent One , has announced the launch of an Embedded Payments solution for the education sector.

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NPD mega-breach a sobering reminder of vulnerability of identity data

American Banker

Social Security numbers are a dime a dozen on the black market, so cybercriminals are going after bigger and more sophisticated databases.

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SwapKit announces integration with BitPay

The Paypers

Cross-chain infrastructure solutions provider SwapKit has revealed an upcoming integration with BitPay , a Bitcoin and cryptocurrency payment processor.

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The 2024 Lenders Guide to Automating the Complex Loan

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.

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Silicon Valley de novo poised to fill gap left by failed banks

American Banker

The planned Altos Bank in Los Altos cleared a big hurdle this week when state regulators approved its application to open a startup bank. Organizers are hoping for a soft opening before year-end.

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Cloudera achieves PCI DSS v4.0 compliance

The Paypers

Cloudera has announced that it has achieved Level 1 compliance with the Payment Card Industry Data Security Standard (PCI DSS) for Service Providers.

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Powell's signal on rate cuts gives respite to CRE-heavy banks

American Banker

The stock prices of banks that have large exposure to commercial real estate loans surged after comments from Federal Reserve Chair Jerome Powell. His remarks could be a sign that relief is coming on both sides of those banks' balance sheets.

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US Bank acquires Salucro to boost healthcare payment solutions

The Paypers

US Bank has acquired Salucro Healthcare Solutions to strengthen its healthcare payment services and will integrate the company into its Elavon unit.

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Confronting the Change Challenge

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.