Thu.Jun 06, 2024

article thumbnail

Canary in the Coal Mine

Realwired Appraisal Management Blog

There’s an opportunity for appraisers with developers and investors to be a canary in the CRE coal mine. The buyer’s due diligence journey could START with an appraisal rather than at the end. No guess work. No wasted time. No wasted money.

article thumbnail

New York races to pass BNPL bill

Payments Dive

State lawmakers are negotiating three separate proposals related to the buy now, pay later industry ahead of the end of the legislative session on Thursday.

New York 397
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Will the Recent Ticketmaster Data Breach Drive More Fraud for Banks and Credit Unions?

Gonzobanker

Add these action items to your card fraud checklist to strengthen your defenses. The hacker group ShinyHunters allegedly breached Ticketmaster’s data in late May 2024, including credit and debit card information for over 560 million consumers worldwide. That’s more than 2.5 times the prior largest breach of Experian a decade ago. So, what will happen to U.S.

Fraud 156
article thumbnail

Amex dismisses impact of eBay’s rejection

Payments Dive

EBay will no longer accept American Express, but the credit card company said in a statement that the online auctioneer accounts for a minuscule portion of its total business.

Cards 195
article thumbnail

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.

article thumbnail

Gender-led investing funds grow in spite of attacks on ESG

American Banker

Despite attacks on the broader ESG strategy, a narrow niche focused on women had a positive quarter.

More Trending

article thumbnail

Banks consider merits of open-source and closed-source generative AI

American Banker

Most banks are starting their generative AI experiments with closed-source models before progressing to open source. For some, the ultimate goal is to be model-agnostic.

article thumbnail

Deutsche Bank shares data with Swift for AI fraud solution

BankInovation

AMSTERDAM — Deutsche Bank is one of multiple financial institutions sharing anonymized data with financial messaging service provider Swift. The process will test the use of secure data-sharing for AI-driven fraud prevention, Joanne Hannaford, chief information officer and chief product officer of corporate bank at Deutsche Bank, said at Money2020 Europe on June 4.

Fraud 74
article thumbnail

The racial wealth gap is getting wider. Can technology fix it?

American Banker

In recent years, the wealth gulf between white and Black families has only grown. But there is hope that advances in fintech, such as wider adoption of artificial intelligence, can help.

article thumbnail

CFPB solicits stakeholders to form open banking framework

BankInovation

The Consumer Financial Protection Bureau is soliciting financial services stakeholders to help form a framework for sharing data ahead of open banking in the United States.

article thumbnail

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.

article thumbnail

How Google is battling Apple beyond mobile payments

American Banker

By making it easier to enroll and access financial services such as buy now/pay later lending, the search giant hopes to enhance connections with users.

Google 85
article thumbnail

BNP Paribas and Numeral partner for payment integration

The Paypers

BNP Paribas and Numeral , a payments technology provider, have announced a partnership aimed at facilitating payment companies' incorporation of SEPA.

article thumbnail

'Significant work' remains to harmonize cybersecurity rules: Watchdog

American Banker

A report on efforts to deconflict federal cybersecurity regulations found the Treasury in particular has not completed its recommendations.

article thumbnail

iProov's Dynamic Liveness solution earns FIDO Certification

The Paypers

iProov has announced that its Dynamic Liveness Solution has achieved global certification for face biometric identity verification from the FIDO Alliance.

60
article thumbnail

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.

article thumbnail

CFPB's regulatory overreach is actively harming small businesses

American Banker

Rather than fueling uncertainty, the Consumer Financial Protection Bureau should be devising strategies that facilitate clearer policies that bring more certainty to lending markets.

article thumbnail

Podcast: Pathward’s road to innovation in financial inclusion

ABA Community Banking

On the latest episode of the ABA Banking Journal Podcast, Anthony Sharett, president of Pathward, discusses how his FDIC-insured bank works alongside depository institutions to expand offerings that enhance financial inclusion and reach the unbanked. The post Podcast: Pathward’s road to innovation in financial inclusion appeared first on ABA Banking Journal.

article thumbnail

Fast-growing Florida bank sets an expansive solar-lending goal

American Banker

The 3-year-old Climate First in St. Petersburg appears primed to take its renewable energy lending nationwide now that it's exiting the de novo phase.

Florida 76
article thumbnail

Equifax accepted onto CCS's Open Banking DPS framework

The Paypers

Equifax has been accepted onto Crown Commercial Service ’s Open Banking DPS framework, aiming to further accelerate its development process.

53
article thumbnail

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.

article thumbnail

Minnesota bankers appeal dismissal of suit over FDIC's fee guidance

American Banker

A Minnesota trade group and its co-plaintiff, Lake Central Bank, signaled that they plan to appeal a district court's dismissal of their lawsuit against the FDIC. The case involves the agency's guidance on nonsufficient funds fees.

article thumbnail

'Mastercard for Fintechs', launched to support the fintech ecosystem in Western Europe

The Paypers

Mastercard has launched its new Western Europe program called `Mastercard for Fintechs` in order to further develop and improve the fintech ecosystem.

Fintech 53
article thumbnail

Commercial Property Loans - FAQs Answered by Experts

Commercial Lending USA

You can use commercial property loans to buy, build, or refinance a property that makes money. Commercial loans can be used for a broader range of properties than residential mortgages, which are only for single-family houses.

Lending 52
article thumbnail

From the Vault: When the American banking system almost died

ABA Community Banking

With a vast audience listening, the president said it would be "safer to keep your money in a reopened bank than under the mattress." The post From the Vault: When the American banking system almost died appeared first on ABA Banking Journal.

System 52
article thumbnail

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.

article thumbnail

Hsu says banks and AI companies should share responsibility for model errors

American Banker

Acting Comptroller of the Currency Michael Hsu Thursday said AI providers and end-users — including banks — should share responsibility for errors that derive from artificial intelligence models.

Company 48
article thumbnail

Remote ATM Testing is Real

ATM Marketplace

Remote ATM testing - Best Practice Guide

ATM 48
article thumbnail

Till Payments joins forces with BigCommerce

The Paypers

Comprehensive payment solutions provider Till Payments (Till) has entered a collaboration with BigCommerce to provide additional capabilities to the latter’s users.

article thumbnail

All About ATM Virtualization - Virtualizing an ATM

ATM Marketplace

All About ATM Virtualization

ATM 48
article thumbnail

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.