Mon.Mar 03, 2025

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Traditional vs. Roth IRA: What’s the difference?

PopularBank

An individual retirement account (IRA) is a type of retirement account you can open at any time, in contrast to a 401(k) retirement plan your employer might offer. The two most common types of IRAs are Traditional IRAs and Roth IRAs. Lets learn more about Traditional and Roth IRAs to determine which is best for your financial circumstancesnow and in the future.

Taxes 52
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Practical AI Use for Community Banks

Jeff For Banks

Minnesota banker Andy Schornack posted the below memo on X that he was going to send to his staff. It was generated by X Grok AI tool and he had not edited or sent it yet. But I thought it so interesting and practical that I wanted to share it with my readers, with Andy's consent. I edited minor things for clarity. Leveraging Microsoft Copilot for Growth and Excellence at Security Bank & Trust Company Prepared by: [Your Name], CEO Date: [Date] Introduction: A Transformative Opportunity for S

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You Need to Understand These Reasons for Bank Consolidation

South State Correspondent

By 1985, the banking industry had radically changed. Consolidation among financial institutions started to occur at a pace never seen before, a pace that continues to this day. Understanding the drivers of banking consolidation is imperative when managing bank performance. In this article, we break down the lessons from this long-term trend. In 1985, there were 14,417 FDIC banking charters.

FDIC 195
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Visa lays out blueprint for global growth

Payments Dive

As if to push back against slowing card business growth in the U.S., the network’s top executives have staked out areas targeted for expansion.

Cards 340
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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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A bank's API isn't just plumbing — it's one of your biggest products

American Banker

In the new open banking world, banks are no longer just service providers but platform enablers that offer everything from payment processing to account verification through application programming interfaces.

More Trending

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Hope Bancorp gets regulatory go-ahead to buy Territorial

American Banker

The Los Angeles-based parent company of Bank of Hope expects to complete its acquisition of Honolulu-based Territorial in April. The $79 million deal faced challenges when an investor group made a competing bid.

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Dwolla taps Walmart alum for CFO

Payments Dive

Daniel Quezada is the payments player’s second chief financial officer in less than two years.

Payments 195
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The Paypers releases the Global Payments and Fintech Trends Report 2025

The Paypers

The Paypers, the leading source of news and insights in the global payments and fintech industry, has rolled out its highly anticipated Global Payments and Fintech Trends Report 2025.

Trends 67
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Fiserv exec talks real-time payments and challenges

Payments Dive

Matt Wilcox, president of digital payments solutions for Fiserv, discussed the company’s plans for making real-time payments ubiquitous, and the hurdles to reaching that goal.

Payments 195
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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Paytm partners with RBL Bank to offer card machines and Soundbox

The Paypers

Paytm partners with RBL Bank to offer improved payment solutions to merchants by offering its Soundbox solution and card machines.

Cards 64
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Will stablecoins bolster the Treasury market or tank it?

American Banker

With regulatory bills making their way through both houses of Congress, stablecoins could soon play a larger role in the financial system with important implications for the Treasury market.

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BDACS and Ripple partner on digital asset custody

The Paypers

BDACS , a South Korea-based digital asset institutional custody firm, has entered into a strategic partnership with Ripple , a provider of digital asset infrastructure for financial institutions.

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Fighting fraud with tech: Q&A with Nasdaq CEO Adena Friedman

American Banker

The stock exchange has several hundred banks using its full suite of digital tools and 2,600 clients using its anti-financial crime software, Friedman said.

Fraud 46
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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Wirex launches its stablecoin payment platform in the US

The Paypers

Wirex , a Web3 money app, has launched its stablecoin payment platform, Wirex Pay, in the US to make stablecoins more accessible and offer US residents a secure and self-custodial way to transact with their assets.

US 57
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Fintech Dave to switch banking partner to Coastal from Evolve

American Banker

Coastal Financial's Coastal Community Bank arm will instead serve as Dave's sponsor bank, including for its ExtraCash product.

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Ghana and Rwanda sign an MoU for a passporting framework licence

The Paypers

The Bank of Ghana and the National Bank of Rwanda have signed an MoU to introduce a licence passporting framework and cross-border payment interoperability for companies.

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Construction Plans: A Comprehensive Guide for Commercial Lending

Commercial Lending USA

Looking for commercial loans in the USA? Commercial Lending USA specializes in arranging commercial mortgages for businesses and commercial purposes nationwide. Get the funding you need today!

Lending 40
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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

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Flexa introduces Tap to Pay for crypto transactions

The Paypers

Flexa has launched Tap to Pay for cryptocurrency transactions, making it a platform that allows direct blockchain payments through NFC-enabled hardware wallets.

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LA fires magnify climate risks to mortgage industry

American Banker

As climate change causes more frequent disasters, more mortgages are at risk of going underwater. How can banks limit their exposure?

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1Kosmos integrates with Microsoft Entra ID

The Paypers

1Kosmos has announced that its identity verification and passwordless authentication platform now supports Microsoft Entra ID.

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Community banks line up chief executives in February

American Banker

Small lenders across the country filled leadership positions, including Orrstown Financial Services and QCR Holdings.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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Lloyds introduces cybersecurity tool to reduce false positives

The Paypers

Lloyds Banking Group has obtained a patent for a cybersecurity tool designed to distinguish genuine threats from false positives using algorithmic analysis.

Tools 50
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Exclusive: Stablecoin payments network 1Money debuts C-suite hires

American Banker

The startup announced over $20 million in funding in January and plans to launch in the second quarter of 2025.

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YouTrip expands its services with cross-border payments

The Paypers

Singapore-based YouTrip has announced the launch of its new overseas transfer feature, aiming to allow users to send money abroad.

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Inside Afterpay's integration with Cash App Card

American Banker

Block has combined buy now/pay later with peer-to-peer payments, part of a big bet that younger consumers want an alternative to credit cards.

Cards 36
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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.