Payments Dive

DECEMBER 21, 2023

Google’s settlement with attorneys general this week includes a lengthy list of changes the tech titan must make in its approach to in-app payments.

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Payments Google 448

Perficient

DECEMBER 21, 2023

Earlier this year, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Fed), and the Federal Deposit Insurance Corporation (FDIC) unveiled a proposed rule that would reshape the landscape for certain financial institutions. In this article, we delve into the latest developments around the extended comment period, providing stakeholders an increased opportunity to share their insights.

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DC FDIC Washington Compliance 221

Payments Dive

DECEMBER 21, 2023

In an expanded partnership between the two companies, Walmart is adding Affirm’s buy now, pay later option at its checkout kiosks at most stores.

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Company 195

BankUnderground

DECEMBER 21, 2023

Rebecca Freeman As another year draws to an end and the blog prepares for some downtime over the festive period, we wanted to take a look back at the blog in 2023. In case you missed any of our posts the first time round, the five most viewed posts for the year were: How house prices respond to interest rates depends on where they are in the country Why lower house prices could lead to higher mortgage rates Bomadland: How the Bank of Mum and Dad helps kids buy homes ‘There is all the difference

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Management Marketing Policies 133

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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.

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Payments Dive

DECEMBER 21, 2023

Spade is tapping its recent funding to try to lure more big U.S. banks to its services, CEO Oban MacTavish said.

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Data 221

American Banker

DECEMBER 21, 2023

The Federal Deposit Insurance Corp. finalized rules governing display of the FDIC logo Wednesday, requiring a new digital FDIC sign on online banking platforms beginning in 2025, conspicuous physical signs in nontraditional bank facilities and explicit labeling of insured and non-deposit products.

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FDIC Online Compliance Regulation 85

CFPB Monitor

DECEMBER 21, 2023

Providers of consumer financial services that rely on federal preemption to charge customers uniform interest rates and fees on a nationwide basis are currently facing a series of legislative and litigation challenges. In this episode, which repurposes a recent webinar, we first discuss the U.S. Supreme Court’s grant of certiorari in Cantero v.

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National FDIC 78

American Banker

DECEMBER 21, 2023

Multi-function wallet apps will support shopping, loyalty, paying at the pump or EV charging station and crypto asset management, challenging the roles of U.S. financial institutions.

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Management Payments 90

BankInovation

DECEMBER 21, 2023

Credit Acceptance Corp. went live Dec. 19 with real-time payments for its dealer base through a partnership with Citizens Financial Group. Dealers can receive payments six times per day, Monday through Saturday and on select holidays, Credit Acceptance (CAC) Chief Marketing and Product Officer Andrew Rostami told Auto Finance News, a sister publication to Bank Automation News.

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Groups Payments Marketing 77

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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

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American Banker

DECEMBER 21, 2023

Funding pressures moderated in recent months, but loan charge-offs climbed. With festering concerns about a vulnerable economy, the potential for elevated credits costs could loom large over the upcoming bank earnings season.

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Lending Community Bank Community 78

BankInovation

DECEMBER 21, 2023

As the global economy faced macroeconomic headwinds coupled with rising rates, fintech funding in 2023 remained subdued compared to prior years. Global fintech funding stood at $30.

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Fintech Marketing Company 74

American Banker

DECEMBER 21, 2023

Six North American banks did well in Evident's latest assessment of banks' AI efforts, but JPMorgan and Capital One have a clear lead.

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Capital Technology 81

BankInovation

DECEMBER 21, 2023

Fraudsters continue to do damage in the finance industry, evidenced by recent attacks against Fidelity National Financial and Mr. Cooper, and financial institutions must strengthen their systems to avoid hacks and respond to breaches. In 2023, the average cost of a data breach in the financial industry was $5.

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Company National Industry Data 72

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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.

Lending

TheGuardian

DECEMBER 21, 2023

Talks with hedge fund owners could return ethical bank to its mutual roots and create high street challenger with 5m customers Coventry Building Society is in exclusive talks to potentially buy the Co-operative Bank from its hedge fund owners, in a move that would return the ethical bank to member ownership and create a high street challenger with nearly 5 million customers.

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Operations Groups 68

American Banker

DECEMBER 21, 2023

CEOs, regulators, advocates, lawmakers: who will have the biggest impact on the banking industry this year?

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Regulation Industry Policies Compliance 85

The Paypers

DECEMBER 21, 2023

Oman-based Development Bank (DB) has selected Newgen Software to simplify its banking processes and provide enhanced experiences.

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Software 74

American Banker

DECEMBER 21, 2023

The Financial Crimes Enforcement Network issued a final rule on beneficial ownership information ahead of a deadline to start reporting this data on January 1, 2024, with revisions to address concerns from lawmakers and banking advocates.

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Data Report Compliance Regulation 68

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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.

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The Paypers

DECEMBER 21, 2023

Worldpay from FIS has partnered with music and entertainment retailer HMV to support its European expansion with an enhanced omnichannel strategy developed alongside FreedomPay.

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Strategy Retail 41

American Banker

DECEMBER 21, 2023

The banks' resistance to changes being recommended by the Federal Housing Finance Agency do not bode well for their future or that of the industry.

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Industry Community Bank Community Compliance 54

The Paypers

DECEMBER 21, 2023

Fintech company empowering SMBs to transact, do business, and grow globally Payoneer has launched new features to improve the customer experience and help entrepreneurs connect with the global economy.

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Customer Experience Fintech Company 41

American Banker

DECEMBER 21, 2023

Corporations and trial lawyers have long fought over whether consumers should be forced into arbitration to resolve their complaints. Now there's a new wrinkle: It's becoming harder for aggrieved customers to even get to arbitration.

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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.

Lending

The Paypers

DECEMBER 21, 2023

Financial technology company PayPal has announced its commitment to modify its terms and conditions in order to fully comply with the European Union ’s consumer laws.

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Financial Technology Technology Company 41

American Banker

DECEMBER 21, 2023

Provident Financial in Iselin initially anticipated completing its deal for Oak Ridge-based Lakeland Bancorp in the second quarter. Now as it waits for regulatory approval, Provident says the process will stretch into spring 2024.

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New Jersey Community Bank Community Compliance 36

The Paypers

DECEMBER 21, 2023

Software development services provider Trigger Software has partnered with Mambu to launch a Neobank Engine solution that supports the development of digital neobanks.

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Software 41

American Banker

DECEMBER 21, 2023

As CEO Jane Fraser's restructuring of the embattled bank takes shape, the decisions show Citi's willingness to part with certain franchises, even if they are competitive, in the pursuit of lifting returns in line with major U.S. peers.

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Industry 36

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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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