Payments Dive

JUNE 9, 2023

The digital payments pioneer told investors that it’s counting on a revised small and mid-sized business strategy to drive higher profit margins.

Strategy 293

Strategy Payments 293

Accenture

JUNE 9, 2023

With Open Banking evolving into Open Finance around the world, it has been difficult to gather the necessary data to track its progress and see the patterns evolving in different regions. Thanks to Open Banking Excellence, that data has been gathered and analyzed in a new report, The Open Finance Index. The report sets a benchmark… The post How can banks lead the pack in open finance growth?

Regional 222

Regional Data Report Digital Banking 222

Payments Dive

JUNE 9, 2023

Bank failures and macroeconomic challenges have made capital markets challenging to navigate, Affirm CFO Michael Linford said.

Capital 284

Capital Marketing 284

ATM Marketplace

JUNE 9, 2023

Financial organizations can benefit dramatically from offering flexible work options to their employees.

Payments 114

Payments 114

Advertisement

Remote Deposit Capture (RDC) clients are more likely to use additional treasury services and maintain larger deposits. However, poor customer experiences—particularly if they delay deposits—can compel RDC clients to take their business elsewhere. This eBook makes the case for outsourcing RDC operations to a proven managed services partner. This approach helps Treasury Departments with limited resources provide excellent client experiences that result in higher retention and productivity rates.

Operations

Payments Dive

JUNE 9, 2023

The digital payments company believes bitcoin “has the potential to transform the global transmission of money,” Block CFO Amrita Ahuja said Thursday.

Bitcoin 221

Bitcoin Payments Company 221

BankInovation

JUNE 9, 2023

The blistering pace of AI development is creating market opportunities for financial institutions while making them vulnerable to an increasingly sophisticated threat: fraud.

Fraud 98

Fraud Fintech Security Marketing 98

American Banker

JUNE 9, 2023

The slow rollout of Apple's buy now/pay later service contrasts starkly with the aggressive moves of leading BNPL fintechs. Analysts say Apple's restraint could pay off in time.

Apple 92

Apple Fintech Payments 92

TheGuardian

JUNE 9, 2023

Longstanding members angry at being excluded from £340m cash giveaway, which starts next week A £340m cash giveaway kicks off next week when one-off payments of £100 apiece will start appearing in the bank accounts of 3.4 million Nationwide building society customers. However, the unprecedented payout has created a “haves” and “have nots” split within the society’s membership, with some longstanding customers and people holding multiple Nationwide products angry at being excluded.

Payments 75

Payments 75

American Banker

JUNE 9, 2023

Genesee Co-op Federal Credit Union in Rochester implemented the labor agreement after more than 14 months of bargaining.

New York 69

New York Management 69

Advertisement

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.

Groups

TrustBank

JUNE 9, 2023

Over the last five years, we’ve fielded quite a few questions about cryptocurrencies, blockchain and central bank digital currencies (CBDC). The latter appears to be popping up more frequently and tied to concerns about the rise of big brother and the potential of lost privacy. Along these lines, there have been a number of recent inquiries about FedNow and whether it is a CBDC or some new nefarious technology.

Washington 52

Washington cryptocurrency blockchain Tools 52

American Banker

JUNE 9, 2023

Local Government Federal Credit Union is postponing its separation from State Employees Credit Union, which has shared its technology and footprint for decades, to establish its own physical presence.

Technology 53

Technology Digital Banking 53

BankInovation

JUNE 9, 2023

Northwest Bank has improved its customer acquisition and retention through personalized, automated marketing and digital offerings since implementing data-driven marketing agency Deluxe in 2021.

Marketing 52

Marketing Data 52

American Banker

JUNE 9, 2023

More customer insights and Spanish support are on the horizon for the team developing Fargo.

Digital Banking 45

Digital Banking Technology 45

Advertisement

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

Community Bank

The Paypers

JUNE 9, 2023

US-based retail technology provider Stackline has launched Universal Stores, a modular system that aims to increase conversions for retailers.

Retail 41

Retail US System Technology 41

American Banker

JUNE 9, 2023

A West Virginia homeowner is suing the banking giant for charges incurred when paying by phone, claiming breach of contract and violation of consumer protection laws.

West Virginia 36

West Virginia Virginia America Industry 36

The Paypers

JUNE 9, 2023

Lithuania-based fraud management service provider iDenfy has partnered with Poland-based cryptocurrency and financial service platform P100.

cryptocurrency 41

cryptocurrency Fraud Management 41

American Banker

JUNE 9, 2023

PacWest Bancorp has completed the first part of the sale of a $5.7 billion loan portfolio to the real estate investment company Kennedy Wilson Holdings as the U.S. regional bank takes steps to shore up liquidity.

Regional 36

Regional Company Industry 36

Advertisement

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.

Lending

The Paypers

JUNE 9, 2023

Germany-based family-fintech Bling has launched the SavingsTrees family product and partnered with wealthtech Evergreen.

Fintech 36

Fintech 36

American Banker

JUNE 9, 2023

Binance.US told users its payment and banking partners had signaled an intent to pause support for the exchange's dollar channels as early as June 13.

System 36

System Payments Industry cryptocurrency 36

The Paypers

JUNE 9, 2023

Germany-based financing startup Banxware has announced partnering with Rabobank to expand to the Netherlands.

36

36

American Banker

JUNE 9, 2023

Smaller banks face challenges in providing their business customers with modernized tools to streamline payments, but the newest breed of embedded banking tools are making it easier for banks to help businesses increase revenue and cut costs.

Technology 36

Technology Payments Tools 36

Advertisement

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.

Analysis

The Paypers

JUNE 9, 2023

American Express has partnered with data network Plaid for an API-based integration set to offer new digital banking options for customers and better account security.

Data 36

Data Digital Banking Security 36

American Banker

JUNE 9, 2023

The Dallas-based institution has hired Dan Sheehan, a veteran banker and the former CEO of Professional Bank, to head the effort that will include opening a branch in Palm Beach County later this year.

Florida 36

Florida Dallas Community Bank Community 36

The Paypers

JUNE 9, 2023

Singapore-based Expand.network , an API service offering both read and write connectivity to major public blockchains and DeFi protocols has announced its official launch for public use.

blockchain 36

blockchain 36

American Banker

JUNE 9, 2023

Five Star Bancorp expands into San Francisco, American Express to integrate with data aggregators Plaid and Yodlee, Bank of America reworks leadership in its investment banking unit and more in this week's banking news roundup.

San Francisco 36

San Francisco Leadership America Data 36

Advertisement

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.

Lending