William Mills
JUNE 13, 2024
While technologies come and go, AI is making seismic waves, permeating every corner of the business world. No longer a futuristic concept but a present-day reality, AI is seamlessly integrating into various sectors with remarkable efficacy. As we continue to witness AI reshaping industries and the future itself, it’s important we do a deep dive into its profound implications for society and work.
Payments Dive
JUNE 13, 2024
The tech giant will allow installment plans from Affirm, as well from certain debit and credit cards, onto Apple Pay alongside its own BNPL service.
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Accenture
JUNE 13, 2024
In May of 2024, the Aurora Borealis, also known as the Northern Lights were on full display for the largest proportion of the United States in decades. The Northern Lights are caused by geomagnetic flairs or “solar storms” from the sun, which can lead to extremely disruptive events on Earth. In 2003, an extreme solar… The post Key considerations for North American retail banks amid ongoing uncertainty appeared first on Accenture Banking Blog.
Payments Dive
JUNE 13, 2024
Startup Fizz is marketing itself as a company helping college students build credit and manage daily spending.
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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.
American Banker
JUNE 13, 2024
PNC has cut its credit card late fees to $8, and Wells Fargo has eliminated the charges on one new card. The moves signal that issuers are already adjusting to a CFPB rule that's currently on hold amid a court challenge.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
American Banker
JUNE 13, 2024
Legislation enabling new banklike stablecoin issuers would create direct competition for deposits, with small U.S. banks in the most danger. Where is the pushback from the industry?
BankInovation
JUNE 13, 2024
NEW YORK — JPMorgan Chase is deploying AI to help investors research the likeability and growth trajectory of companies. The $3.
American Banker
JUNE 13, 2024
Long-time payments chief Takis Georgakopoulos is leaving the bank. New co-heads Umar Farooq and Max Neurkirchen are inheriting a powerhouse, but they face lots of challenges.
The Financial Brand
JUNE 13, 2024
This article Even as Financial Worries Grow, U.S. Consumers Keep Using Credit Cards appeared first on The Financial Brand. Inflation keeps many Americans relying more and more on credit cards to get by. Meanwhile, lenders favor super prime borrowers. This article Even as Financial Worries Grow, U.S. Consumers Keep Using Credit Cards appeared first on The Financial Brand.
Advertiser: ZoomInfo
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.
American Banker
JUNE 13, 2024
The bank said it would reduce its physical footprint by nearly 15% as part of an effort to reduce overlapping operations, drive cost savings and meet profitability targets tied to its May acquisition of Lakeland Bancorp.
The Paypers
JUNE 13, 2024
Vistra , a provider of business services, and Fenergo , a company specialising in fraud management, have announced a collaboration to enhance global onboarding processes.
American Banker
JUNE 13, 2024
From updates in mortgage-related court cases, to developments in AI and policy, here are the most-read stories from National Mortgage News over the past week.
The Paypers
JUNE 13, 2024
UK-based financial technology company Muse Finance has announced the launch of musePay, the firm’s BNPL integration with Xero , supported by Allianz Trade.
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Automation is changing the game for commercial lenders, offering a clear path to competitive advantage in 2025. Rising costs, outdated workflows, and manual data entry slow growth and impact borrower satisfaction. Automation addresses these challenges, reducing costs, speeding up loan cycles, improving accuracy, and elevating borrower experiences. With market uncertainty easing, now is the time to act—waiting until loan volumes rebound leaves lenders unprepared and struggling to compete.
American Banker
JUNE 13, 2024
As high interest rates continue weighing on banks' balance sheets, some are selling branches to real estate firms and leasing them back. The strategy is helping lenders that want to restructure their underwater bond portfolios.
The Paypers
JUNE 13, 2024
Moldindconbank , a major financial institution in Moldova, has partnered with Open Banking solutions provider Salt Edge to comply with Moldova's PSD2 legislation.
American Banker
JUNE 13, 2024
The tech companies are building generative AI into the next generation of their smartphone operating systems.
The Paypers
JUNE 13, 2024
Egyptian fintech company Sahl has announced the raise of USD 6 million in Series A funding round in order to accelerate its expansion in Saudi Arabia.
Advertiser: ZoomInfo
In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.
American Banker
JUNE 13, 2024
President Joe Biden also nominated fellow Commodity Futures Trade Commission board member Kristin Johnson to a top bank regulatory post at the Treasury Department.
The Paypers
JUNE 13, 2024
The FCA has imposed restrictions on AstroPay preventing it from providing payment services or accepting new customer funds without prior written approval.
The Financial Brand
JUNE 13, 2024
This article Banking as a Service Isn’t Over. It’s the End of the Beginning. appeared first on The Financial Brand. Viewpoint: For fintechs and their bank partners, federal consent orders signal a path to regulatory clarity. This article Banking as a Service Isn’t Over. It’s the End of the Beginning. appeared first on The Financial Brand.
The Paypers
JUNE 13, 2024
Xpence and Neoleap have announced the launch of new Xpence corporate Visa cards, in order to accelerate the development of Saudi SMEs and corporates.
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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.
The Financial Brand
JUNE 13, 2024
This article Why Banks and Credit Unions Should Care More About Online Reviews appeared first on The Financial Brand. Banks don't even need many reviews to move the needle: Research reveals that 86% of people will trust a local bank with as few as 10 reviews. This article Why Banks and Credit Unions Should Care More About Online Reviews appeared first on The Financial Brand.
The Paypers
JUNE 13, 2024
Global provider of compliance and payments solutions Eastnets has announced the launch of Instant Payments Access as a Service for SEPA Credit Transfers Instant.
American Banker
JUNE 13, 2024
Markets appeared to welcome signs of future rate relief, with the latest Freddie Mac average falling for the fifth time in six weeks.
The Paypers
JUNE 13, 2024
Bureau has announced its partnership with India-based digital banking infrastructure provider M2P Fintech in order to combat digital transaction fraud.
Advertiser: ZoomInfo
As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.
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