Fri.Jun 21, 2024

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After Vullo, why is NYDFS still suppressing speech?

American Banker

New York Department of Financial Services' guidance advising banks and insurers to avoid doing business with the NRA was ruled as likely to be unconstitutional by the Supreme Court. Why is it still on the department's website?

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PayPal fills CTO position with former Walmart exec

Payments Dive

Former Walmart EVP Srini Venkatesan will replace Archie Deskus, who joined the payments firm in 2022.

Payments 195
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ATM Security: 5 ways to prevent attacks

ATM Marketplace

ATM security is a moving target. Here are five ways to hit the mark.

ATM 122
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Amex to buy Tock for $400M

Payments Dive

American Express said it will buy the reservation platform Tock from website builder Squarespace to buttress its dining digital services.

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Fall In Love With the Month-End Close

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.

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Can 'ATM pools' save cash?

American Banker

U.K. banks are testing machines that can accept deposits from multiple machines.

ATM 83

More Trending

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Fed, FDIC ding four of the largest U.S. banks' unwinding plans

American Banker

The Federal Reserve and the Federal Deposit Insurance Corp. found shortcomings in the living wills of Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase, although the FDIC deemed Citi's resolution plan as "deficient.

FDIC 78
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Rain plans to raise more capital

Payments Dive

The earned wage access provider seeks to raise $50 million, said its CEO, who is rooting for increased regulation of the industry.

Capital 195
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Banker turned entrepreneur: Laura Kornhauser

American Banker

The co-founder and CEO of Stratyfy is one of American Banker's 2024 Most Influential Women in Fintech.

Fintech 69
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FIs tap quantum computing for payments security

BankInovation

Financial institutions are exploring the use of quantum tech to optimize operations within payments and security. Quantum technology can make payments safer through cryptography and by providing secure communications, Lily Varon, principal analyst at think tank Forrester, told Bank Automation News.

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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.

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The investment banker turned entrepreneur: Carolyn Rodz

American Banker

The CEO and co-founder of Hello Alice is one of American Banker's 2024 Most Influential Women in Fintech.

Fintech 69
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Citi launches real-time funding solution to keep up with RTP adoption

BankInovation

Citi added to its treasury product portfolio this week with the launch of Citi Real-Time Funding to help business clients keep up with liquidity needs in an automated fashion.

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Leading a leading fraud prevention service: Cathy Ross

American Banker

Ross helped build your favorite company's favorite risk management solution — Fraud.net.

Fraud 68
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Nvidia passes Microsoft in market cap to become most valuable public company | Apple shuts down Apple Pay Later | Apple AI won’t launch in EU in 2024

Bussman Advisory

This week’s must-know stories in the FinTech, AI and Digital Asset space. The latest edition of the FinTech Ecosystem Newsletter is here: Image Credits: shutterstock.com The post Nvidia passes Microsoft in market cap to become most valuable public company | Apple shuts down Apple Pay Later | Apple AI won’t launch in EU in 2024 appeared first on Bussmann Advisory AG.

Apple 52
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The Role of Automation in Commercial Lending

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.

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Thrivent acquires ILC charter, converts credit union

American Banker

The Minneapolis-based Thrivent Financial for Lutherans received approval from the Federal Deposit Insurance Corp. on Friday for its industrial loan company application and planned merger between the institution and subsidiary Thrivent Federal Credit Union.

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Ecommpay to support Project Nemo

The Paypers

Ecommpay has announced its plan to support the fintech disability initiative Project Nemo to further accelerate the disability inclusion journey.

Fintech 45
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Senate Banking Committee sets date for FDIC nomination hearing

American Banker

The Senate Banking Committee will consider the nomination of Christy Goldsmith Romero — the administration's pick to take over the Federal Deposit Insurance Corp. — on July 11.

FDIC 52
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Lightspeed leads USD 10 mIn funding in Travel Wallet

The Paypers

US-based multi-stage venture capital company Lightspeed Venture Partners has led a USD 10 million funding round in South Korea-based fintech Travel Wallet.

Capital 45
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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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FDIC sets up two oversight offices in wake of scandals

American Banker

The two divisions — one focused on employee conduct, the other aimed at improving hiring practices — were created in response to last month's explosive report on widespread harassment and discrimination at the Federal Deposit Insurance Corp.

FDIC 48
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Superbank integrates its services on Grab's Indonesia app

The Paypers

Indonesia-based digital bank Superbank has announced that it now provides its banking services directly on the Indonesian version of Grab ’s mobile app.

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Increasing inclusivity in financial services: Stephany Kirkpatrick

American Banker

The founder and CEO of Orum is one of American Banker's 2024 Most Influential Women in Fintech.

Fintech 41
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Kapitus closes USD 45 million investment

The Paypers

US-based provider of financing services for SMBs Kapitus has announced the closing of a USD 45 million investment-grade corporate note financing.

US 41
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Outsource With Confidence for RDC Program Success

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.

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Fed gives more time to comment on payments service expansion

American Banker

The public will now have an additional two months to weigh in on expanded operating hours for its Fedwire Funds and the National Settlement services.

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Revolut and GTN launch bond trading for EEA customers

The Paypers

UAE-based fintech GTN has partnered with Revolut to launch bond trading to EEA customers on the Revolut app.

Fintech 41
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Making agile core technology: Daniela Binatti

American Banker

The co-founder and chief technology officer at Pismo is one of American Banker's 2024 Most Influential Women in Fintech.

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Hero secures EUR 11.3 million in funding

The Paypers

France-based fintech startup Hero has announced that it raised EUR 11.3 million in an all-equity funding round led by Valar Ventures.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

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.