Payments Dive

NOVEMBER 27, 2023

Prospects for passing the Credit Card Competition Act this year are dimming, but supporters and opponents remain locked in battle over the legislation.

Cards 243

Cards 243

Perficient

NOVEMBER 27, 2023

This blog was co-authored by Carl Aridas and Joel Thimsen. In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. This has challenged many organizations to better optimize and intelligently automate business processes and experiences.

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Industry Regulation Compliance Data 221

Payments Dive

NOVEMBER 27, 2023

The divestiture mainly consisted of merchant contracts, Voyix’s front-end authorization platform “and certain relevant intellectual property,” the company said in its quarterly filing.

Maine 221

Maine Payments Company 221

CFPB Monitor

NOVEMBER 27, 2023

This is our second blog post on the final rule issued on October 24, 2023 by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency amending their regulations implementing the Community Reinvestment Act (“CRA”) (the “Final Rule”). .

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Community Regulation System FDIC 78

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Payments Dive

NOVEMBER 27, 2023

Staffed checkout registers are losing importance, and industry executives are eyeing mobile-based, scan-and-go technology, according to a recent survey.

Industry 195

Industry Survey Mobile Technology 195

Payments Dive

NOVEMBER 27, 2023

Burger King, Taco Bell and Shake Shack are among the chains adding this technology to boost tabs and reduce labor pressure.

Technology 195

Technology 195

BankBazaar

NOVEMBER 27, 2023

End-of-the-year financial planning is a crucial process that can set you on the path to financial success in the coming year. Read on about the importance of end-of-the-year financial planning and how to get started. As the year draws to a close, it’s the perfect time to reflect on your financial goals and take proactive steps to ensure your financial well-being in the coming year.

Taxes 78

Taxes Resources Strategy Policies 78

Payments Dive

NOVEMBER 27, 2023

For online retailers, reducing cart abandonment is a priority all year long, especially as we approach the holiday season.

Retail 195

Retail Online 195

Jack Henry

NOVEMBER 27, 2023

Unlock the power of data analytics in banking with our FAQs: Understand its importance, usage, and strategic advantages for your institution.

Analytics 88

Analytics Data Analysis Operations 88

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Treasury teams at community banks face an ongoing challenge of delivering frictionless customer experiences as they support treasury products – especially RDC. This infographic focuses on the efficiencies community banks gain when partnering with a proven managed services provider. You’ll see the advantages you can gain when a managed services partner leverages online tools, skilled customer and technical support personnel, and fulfillment and logistics capabilities to streamline RDC fulfillment

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William Mills

NOVEMBER 27, 2023

As the fintech industry continues to evolve, staying informed and connected is crucial. Released in anticipation of the upcoming year, our 2024 Financial Technology Trade Show Directory is a trusted source offering insights and information you need to navigate – and make the most of – the industry’s conferences next year.

Fintech 80

Fintech Conference Financial Technology Industry 80

BankInovation

NOVEMBER 27, 2023

Truist Financial continued its managerial overhaul this month with appointments to fill the new chief operating officer position as well as chief consumer and small business banking officer and chief wholesale banking officer. The $535 billion bank made the following changes: Vice Chair Beau Cummins became COO effective Nov.

Operations 77

Operations 77

American Banker

NOVEMBER 27, 2023

Cybercrime-as-a-service tools are using generative artificial intelligence in new ways to crack payment card security, according to a new report from Arkose Labs.

Payments 92

Payments Tools Security Cards 92

BankInovation

NOVEMBER 27, 2023

As demand for embedded payment offerings continues to climb, Citigroup’s Citi Pay plans to keep up. Global revenue from embedded payments is expected to reach $59 billion by 2027, up from $32 billion in 2023, according to a study by Juniper Research.

Strategy 74

Strategy Payments Study 74

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Amid market uncertainty, banks and credit unions are faced with critical decisions about the future of their commercial lending. With fluctuating interest rates and rising competition from non-bank lenders, it's critical to allocate your 2025 budget strategically to optimize lending operations. Our Budget Playbook for Commercial Lenders delivers key strategies to help you navigate these challenges, ensuring your institution is well-positioned for the coming year.

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American Banker

NOVEMBER 27, 2023

The BSBY interest rate benchmark was originally envisioned as a successor to the once-ubiquitous Libor rate. But it failed to gain much traction, and Bloomberg now plans to shut it down next year.

Industry 78

Industry Lending 78

TheGuardian

NOVEMBER 27, 2023

Jaime Gilinski Bacal to increase stake to 53% as lender secures £325m in new capital and £600m of debt The embattled high street lender Metro Bank can proceed with a multimillion-pound rescue deal after receiving approval from its shareholders. The move comes after the bank announced last month it had negotiated a £925m package, which consisted of £325m of new capital as well as £600m of debt.

Metro 53

Metro Capital Security 53

American Banker

NOVEMBER 27, 2023

The Champaign, Illinois-based company said it would pay $41.6 million to acquire Merchants and Manufacturers Bank Corp., which has five branches in the Greater Chicago area.

Chicago 78

Chicago Illinois Company Community Bank 78

The Paypers

NOVEMBER 27, 2023

Web3 company OKX has launched its crypto exchange and Web3 wallet platform in Brazil, providing a secure gateway to decentralised finance (DeFi) and crypto trading.

Security 48

Security Company 48

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With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.

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American Banker

NOVEMBER 27, 2023

The move by the company's new CEO is designed to promote greater network effects and benefits for paying members. Bank CEOs say the network helps smaller banks compete.

Company 57

Company Management Technology 57

The Paypers

NOVEMBER 27, 2023

Codebase Technologies has announced a strategic joint Banking-as-a-Service (BaaS) venture with Egypt-based eFinance Investment Group , a payment and digital banking tech company, and Visa.

Groups 45

Groups Technology Digital Banking Payments 45

American Banker

NOVEMBER 27, 2023

The Consumer Financial Protection Bureau wants to limit law enforcement access to a tool that has proven vital in many criminal investigations.

Tools 66

Tools Policies Compliance Regulation 66

The Paypers

NOVEMBER 27, 2023

Singapore Central Bank has released a response to industry feedback on a consultation paper of proposed regulations for crypto service providers.

Regulation 48

Regulation Industry 48

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Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.

Lending

American Banker

NOVEMBER 27, 2023

Purchases by banks, airlines, industrial heavyweights and other businesses fell for the first time last year, according to Bloomberg Green's analysis of data in three public registries covering more than 260,000 transactions since 2010. Yet corporate buyers increased purchases of offsets derived from a particularly controversial source — wind, hydro and solar projects.

Company 36

Company Analysis Industry Data 36

The Paypers

NOVEMBER 27, 2023

UK-based Ryft has partnered with Collctiv to optimise the group payment sector of the region and deliver a more customisable checkout experience for clients.

Regional 45

Regional Groups Payments 45

American Banker

NOVEMBER 27, 2023

Sumitomo Mitsui Financial Group's Chief Executive Officer Jun Ohta, who pursued an aggressive expansion abroad during his four years at the helm of Japan's second-largest bank, has died. He was 65.

Groups 36

Groups Industry 36

The Paypers

NOVEMBER 27, 2023

Australia-based Commonwealth Bank has announced that Bendigo Bank and fraud monitoring company Satori are set to pilot its NameCheck tech to protect Australians from scams and mistaken payments.

Fraud 41

Fraud Payments Company 41

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Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

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