Payments Dive

MAY 30, 2024

“Putting these regulations into practice is challenging, and the success of such regulatory measures largely hinges on enforcement,” writes a Wise executive.

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Regulation 243

Abrigo

MAY 30, 2024

Elder fraud prevention and education Learn strategies for recognizing and reporting elder fraud and exploitation. Would you like other articles on BSA/AML training in your inbox? Takeaway 1 Elder abuse, exploitation and fraud continue to rise as the baby boomer generation ages. Takeaway 2 Learn to recognize common types of elder abuse and the red flags that may accompany them.

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Fraud Training Trends National 221

Perficient

MAY 30, 2024

Our banking risk and regulatory experts are excited to attend the upcoming XLoD Global event in New York on June 11th. What is XLoD Global? The world’s leading financial institutions and regulators come together at XLoD to discuss the future of non-financial risk and control. Representatives from all three lines of defense—operational management, risk management/compliance, and internal audit—attend to present, discuss, and learn about industry shifts that are impacting risk and regul

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Compliance Industry New York social media 221

Payments Dive

MAY 30, 2024

Venture capital flowing to startups in the payments sphere remains reduced this year, extending a rut from last year.

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Payments Capital 195

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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.

Groups

South State Correspondent

MAY 30, 2024

In discussing ERC (Employee Retention Credit) with banks over the last year, we discovered a common theme. Most banks have either been told they are not eligible or come to this conclusion on their own because they did not experience a decrease in revenues. Many banks performed better than expected during the pandemic due to offering paycheck protection program (PPP) loans.

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Georgia Alabama New Jersey Taxes 195

American Banker

MAY 30, 2024

Shan Hanes, who led Heartland Tri-State Bank in Kansas until it failed last year, pleaded guilty to one count of embezzlement by a bank officer. He now faces up to 30 years in prison. He is scheduled to be sentenced on Aug. 8.

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Kansas Community Bank cryptocurrency Community 94

William Mills

MAY 30, 2024

Fintech companies face a formidable challenge: communication gaps that threaten to undermine their sales performance. These disconnects, often manifesting between departments, teams, and even with customers, can lead to misaligned strategies, missed opportunities, and a weakened competitive edge. Addressing these communication barriers is crucial for fintech firms striving to maintain their market position, enhance customer relations, and drive growth in an industry where precision and clarity a

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Fintech Strategy Industry Marketing 82

American Banker

MAY 30, 2024

OpenAI is training a new flagship AI model to replace the one behind the wildly popular ChatGPT. It seems like a good time to ask, if financial users could design their own generative AI model from scratch, what they would want?

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Training Technology 77

BankInovation

MAY 30, 2024

Global fintech funding dropped to a four-year low in the first quarter of 2024 but the number of deals ticked up, according to data intelligence company CB Insights. Fintech funding in Q1 fell to $7.3 billion, registering a 54% drop year over year, according to an April 18 report by CB Insights.

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Fintech Data Report Company 77

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.

Analysis

The Paypers

MAY 30, 2024

Viva.com , a Greece-based company powering merchant payment acceptance, has enabled Italian merchants to accept contactless payments via the Viva.com terminal iOS app.

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Payments Company 74

American Banker

MAY 30, 2024

Payment firm BVNK is betting that PYUSD's potential to connect to PayPal's network of millions of consumers and businesses will make it more than another investment currency.

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Payments cryptocurrency 65

Commercial Lending USA

MAY 30, 2024

The world of commercial lending is constantly changing. Rising interest rates and new technologies significantly affect how loans are made.

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Trends Lending Technology 52

American Banker

MAY 30, 2024

Effective coaches understand that the same message, delivered at different points in an employee's career, can resonate in new ways as they gain insight and experience.

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Marketing 57

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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.

Lending

The Paypers

MAY 30, 2024

Modular and flexible payment infrastructure provider for marketplaces and platforms Mangopay has launched an AI-enabled Fraud Prevention solution for its customers.

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Fraud Payments 45

American Banker

MAY 30, 2024

Gesa Credit Union in Washington agreed to acquire a 103-year-old community bank in Centralia, as it eyes opportunities for additional growth in the Pacific Northwest. In the District of Columbia, a bank group is calling for exit fees on banks selling to tax-exempt credit unions.

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District of Columbia Groups Washington Industry 56

The Paypers

MAY 30, 2024

Omnicredit has announced its partnership with Flanco Smart Discounter in order to launch an Embedded Finance product in Romania.

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American Banker

MAY 30, 2024

The Supreme Court decided to rule narrowly in Cantero v. Bank of America, N.A., sending the case back to the Court of Appeals for the Second Circuit with instructions to perform a more nuanced analysis on whether a New York escrow law unfairly discriminates against national banks.

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New York Analysis America National 41

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.

Capital

The Paypers

MAY 30, 2024

Yapily has announced its partnership with mmob in order to streamline Open Banking solutions with secure and effective technical implementation.

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Security 45

The Financial Brand

MAY 30, 2024

This article More Consumers Are Hitting their Card Limits. Are Delinquencies Next? appeared first on The Financial Brand. Recent data from the New York Fed uncovers a growing – and worrisome – population of "maxed out" borrowers. This article More Consumers Are Hitting their Card Limits. Are Delinquencies Next? appeared first on The Financial Brand.

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Cards New York Branding Data 37

The Paypers

MAY 30, 2024

Financial guidance platform NerdWallet has revealed that Buy Now, Pay Later (BNPL) plans surged in popularity, becoming the second-most used credit payment form in the US.

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US Payments 45

American Banker

MAY 30, 2024

The beleaguered Los Angeles-based bank reported its strongest quarterly results in more than a year, but executives at its Canadian parent company cautioned that improvements may not be linear.

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Los Angeles National Report Company 36

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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.

Operations

The Paypers

MAY 30, 2024

Digital banking platform for small businesses Relay has announced that it secured USD 32.2 million in a Series B financing round led by Bain Capital Ventures.

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Security Digital Banking Capital 45

American Banker

MAY 30, 2024

The announcement comes after weeks of criticism from the bureau's director over fees including title insurance and credit scores.

Policies 36

Policies Industry Compliance Regulation 36

The Paypers

MAY 30, 2024

UK-based payment solutions provider Paysecure has partnered with PayAdmit to enhance global merchant payment solutions with advanced security and analytics.

Analytics 41

Analytics Security Payments 41

American Banker

MAY 30, 2024

A new tool from the San Francisco-based fintech deploys artificial intelligence to automatically adjust merchants' card transaction fraud filters based on changing risk factors in real time.

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San Francisco Fraud Tools Fintech 36

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.

How To