Fri.Feb 14, 2025

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Embracing Curiosity: A Mindset for Credit Union Growth and Innovation in 2025

Jack Henry

Drive innovation, evaluate technology spend, and enhance your member experiences by embracing curiosity in financial technology. Discover how your credit union can benefit from embracing curiosity in 2025 and beyond.

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NatWest wants to raise CEO’s maximum pay by more than 40%

TheGuardian

Paul Thwaite could earn up to 7.7m, and move comes as bank prepares to return to full private ownership NatWest wants to increase its chief executives maximum pay by more than 40%, as the banking group prepares to return to full private ownership 17 years after it was bailed out by taxpayers during the 2008 financial crisis. The high street lender, previously known as Royal Bank of Scotland, paid its chief executive, Paul Thwaite, 4.9m in his first full year in the role in 2024, shy of his maxim

Groups 88
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Master account policy tweak signals Fed shift toward crypto

American Banker

Federal Reserve Chair Jerome Powell said reserve banks will no longer factor "reputational risk" into master account decisions. The crypto industry is encouraged by the commitment, but says more changes are needed.

Policies 101
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Rachel Reeves says ‘no one raised concerns’ about her expenses at HBOS

TheGuardian

Science secretary calls BBCs reporting totally inaccurate after claim chancellor was investigated by former employer Rachel Reeves has defended herself and said it would be up to the public to judge her on her record as chancellor, after a BBC investigation raised questions about her job history and expenses. In her first comments since claims emerged that she was the subject of an investigation into her expenses while working at Halifax Bank of Scotland (HBOS), the chancellor said no one ever r

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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ISO 20022 implementation for Fedwire Funds Service postponed to July

The Paypers

Federal Reserve Financial Services (FRFS) has announced a revised timeline for the transition to the ISO 20022 message format for the Fedwire Funds Service.

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Smart cameras keep ATMs, branches safe

ATM Marketplace

Cook Solutions Group experts shared the key advantages of smart cameras for bank security.

ATM 84
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20 banks with the largest quarterly deposit declines

American Banker

The biggest decline was a 9.9% drop in deposits quarter-on-quarter as of Dec. 31.

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dLocal announces partnership with AZA Finance

The Paypers

dLocal and AZA Finance have announced a partnership aimed at expanding their cross-border payment and foreign exchange services.

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Wells Fargo sheds fourth consent order in a month

American Banker

The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been terminated. The six-year-old order was related to the bank's risk compliance management and certain loan practices.

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Swap partners with Signifyd

The Paypers

Swap has announced its partnership with Signifyd in order to provide businesses and brands with access to secure, seamless global commerce.

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Tips for recruiting the young workforce

ABA Community Banking

How banks are identifying and attracting the next generation of bankers. The post Tips for recruiting the young workforce appeared first on ABA Banking Journal.

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Bitget secures VASP licence in Bulgaria

The Paypers

Cryptocurrency exchange Bitget has obtained a Virtual Asset Service Provider (VASP) licence from Bulgaria's National Revenue Agency.

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nCino grows through acquisitions as new CEO takes the reins

American Banker

Sean Desmond, the new CEO of nCino, hinted at some of the products under development in an interview with American Banker.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Regions Bank announces Regions Embedded ERP Finance

The Paypers

Regions Bank has announced the launch of Regions Embedded ERP Finance, designed to help treasury management clients better manage cash flow.

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Provident hires ex-TD exec as new chief lending officer

American Banker

Provident Bank announces its new chief lending officer; the SEC's acting chairman asks a federal court to delay scheduling cases involving a rule on climate-related disclosure; the merger deadline for Capital One Financial's proposed acquisition of Discover Financial Services is extended; and more in this week's banking news roundup.

Lending 36
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MoonPay launches MoonPay Balance in the US

The Paypers

MoonPay launches its Balance solution in the US to enable users to deposit fiat funds to their account for zero-fee purchases.

US 58
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JPMorgan, Ingenico test appetite for biometrics at checkout

American Banker

The rollout of new technologies in point-of-sale retail payments in the U.S. has historically been slow, and consumer adoption of those new payment flows can be even slower. Can consumers' propensity for self checkout help push adoption?

Retail 36
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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

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OneID obtains new funding to transform digital identity verification

The Paypers

OneID, a UK provider of bank-verified digital ID services, has received new funding from ACF Investors to support growth and expand its operations and services.

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CFPB's acting director was illegally appointed: Lawsuit

American Banker

Consumer and employees groups are seeking a restraining order against CFPB acting Director Russell Vought, arguing that he was unlawfully installed and has "no power to direct" the bureau.

Groups 65
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Corpay integrates multi-currency accounts in its cross-border solution

The Paypers

Corpay launches multi-currency account, a solution integrated into its cross-border business, to help businesses expand globally.

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Watchdogs to investigate DOGE Treasury payments access

American Banker

The probes come at the request of Sens. Elizabeth Warren, D-Mass., and Ron Wyden, D-Ore., respectively the ranking members of the Senate Banking and Senate Finance committees.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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Vinted teams up with Checkout.com

The Paypers

Checkout.com , a global digital payments provider, has partnered with Vinted , a Europe-based online marketplace for second-hand fashion.

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Judge agrees to immediately halt further CFPB firings

American Banker

U.S. District Judge Amy Berman Jackson agreed late Friday to temporarily block the Trump administration from firing more CPFB employees and said the administration could not delete or destroy any of the bureau's data or databases.

Data 72
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ATTUNE partners with Finastra to optimise digital lending processes

The Paypers

ATTUNE has partnered with Finastra , building on their previous collaboration to transform digital lending for financial institutions.

Lending 41
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What direction will McKernan take leading the CFPB?

American Banker

The Trump administration's nominee to lead the Consumer Financial Protection Bureau, Jonathan McKernan, is seen as an institutionalist with a deep knowledge of policy. But whether he keeps the bureau shuttered or rebuilds it is uncertain.

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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.