Wed.Feb 12, 2025

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6 Digital Payment Trends Set to Transform 2025

Perficient

The rapidly evolving payments industry is driving industry leaders to adapt their strategies in response to emerging trends. As technology advances and consumer expectations shift, staying ahead of these trends is crucial for success. Payments Trend #1: AI-Driven Payment Innovations The landscape of payments and financial services in 2025 will be marked by groundbreaking innovations and user-centric designs powered by Generative AI (GenAI).

Trends 221
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The evolution of AI & lending: Parallel journeys shaping the future

Abrigo

Banks & credit unions use technology to solve challenges AI today is the result of decades of research and development. In the same way, FIs have consistently leveraged data and technology to solve challenges and serve communities better. This article covers these key topics: The evolution of AI Lending: A legacy of data-driven innovation Generative AI in lending: The next frontier Abrigo's approach to AI Parallel journeys of AI, banking technology Artificial intelligence (AI) is often heral

Lending 221
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Current Loan Pricing Trends for 1Q 2025

South State Correspondent

In the 4 th quarter of 2024, commercial loan pricing has materially changed. The new administration with its lighter regulatory stance, the potential for tax relief and threat of higher inflationary has generated new optimism for credit, and new risk of higher rates. In this article, we quantify commercial loan pricing trends from our Loan Command data that will hopefully help community banks price more effectively and win more profitable business.

Trends 195
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Improve loan decisioning: 5 ways to serve small businesses better

Abrigo

Are outdated processes impacting your loan decisioning? Community financial institutions have the expertise and local ties to support small businesses, but outdated processes and risk-averse approaches often slow down their loan decisioning. Meanwhile, fintech lenders offer fast approvals, attracting small business borrowers despite high interest rates.

Lending 195
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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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Discover flags potential Cap One merger delay

Payments Dive

Discover Financial Services said it now expects the transaction to be completed by May 19, three months later than initially expected as the companies await regulatory approvals.

Company 368

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Wise to close Tampa office, cut 300 employees

Payments Dive

The fintech will shutter its Florida location in November, with layoffs starting in April. Wise will consolidate Americas teams in Austin, New York and São Paulo.

Tampa 332
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Survey: Bank customer experience as important as products, services

ABA Community Banking

Nearly nine in 10 people say customer experience is just as important as a banks products and services, according to a recent survey. Asked why they left their primary bank, concerns over security was the top reason cited. The post Survey: Bank customer experience as important as products, services appeared first on ABA Banking Journal.

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Payment tools proliferate, consolidation looms

Payments Dive

“The winners in this consolidation won't necessarily be the biggest players,” writes a checkout technology company CEO. “They'll be the ones who understand that consumers don't want more payment options — they want better ones.

Tools 312
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Google, Corridor Platforms partner on gen AI controls for banks

American Banker

The governance platform is meant to prevent hallucinations, errors, bias and other problems, and to track model activity to make sure nothing goes awry.

Google 76
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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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Cap One, Discover expect merger completion delay

Payments Dive

Discover Financial Services said it now expects the transaction to be completed by May 19, three months later than initially expected as the companies await regulatory approvals.

Company 249
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Pay soared in 2024 for the CEOs of these five big banks

American Banker

Large banks are starting to disclose the compensation they awarded to their CEOs last year. Early signs point to a bounceback after CEO pay fell in 2023.

America 75
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Ex-FDIC official McKernan tapped to lead CFPB

Payments Dive

The development came on a day when the bureau terminated roughly 70 probationary employees, including enforcement division attorneys, according to Bloomberg Law.

FDIC 221
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Varo CEO Colin Walsh taps Gavin Michael to succeed him

American Banker

Michael formerly led tech groups at Citi, JPMorgan Chase and Lloyds.

Groups 74
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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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European Commission to cancel FIDA bill

The Paypers

The European Commission has decided to withdraw the Financial Data Access (FIDA) regulation following opposition from the financial services sector and concerns raised by the French government, according to POLITICO.

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Powell backs leverage ratio update, Treasury market reform

American Banker

During congressional testimony, Federal Reserve Chair Jerome Powell said he supports changes to the supplemental leverage ratio to make it easier for banks to intermediate the Treasury market.

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Robinhood UK introduces options trading

The Paypers

Robinhood has upgraded its investment offerings in the UK by introducing a new product that allows investors to benefit from fluctuations in share prices.

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Zelle passes $1T in 2024, with a boost from small businesses

American Banker

The bank-owned payments app saw the number of total transactions jump 24% compared with 2023, according to its first-ever release of usage data. Small business transactions increased 32%.

Data 45
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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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Revolut officially launches in Ukraine with a Clear Sky debit card

The Paypers

Revolut has launched its services in Ukraine after a beta testing phase, introducing a special edition Clear Sky debit card in the national blue and yellow colours.

Cards 62
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El-Erian sees Fed holding rates for longer than markets expect

American Banker

The Federal Reserve is set to refrain from cutting interest rates for "quite a while," following a hotter-than-expected inflation report, according to Mohamed El-Erian.

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Telstra and CommBank partner to improve fraud detection

The Paypers

Telstra and CommBank have expanded their existing partnership to improve fraud detection, introducing a new technology called Fraud Indicator.

Fraud 59
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Citi's Sieg: New clients take backseat to getting more from current

American Banker

Citi's head of wealth said the firm is already working with a quarter of the billionaires in the world through its private bank. Now it just needs them to entrust it with managing more of their money.

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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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FAI partners with kpi.com to drive business management in Saudi Arabia

The Paypers

FAI , a Saudi-based provider of cloud-based invoicing and tax management solutions, has partnered with kpi.com to transform how businesses across Saudi Arabia and Central Asia operate and offer compliant and efficient business management tools.

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Affirm to offer BNPL through FIS-issued debit cards

American Banker

FIS's debit-processing bank clients will soon be able to integrate Affirm's pay-over-time-products into existing digital banking infrastructure. For Affirm, it means even more potential BNPL transactions.

Cards 36
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Perfios acquires Clari5

The Paypers

India-based B2B SaaS company Perfios has announced its strategic acquisition of Clari5 , a firm that focuses on banking financial crime.

Company 50
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SEC's Peirce says agency wants new approach to crypto

American Banker

Hester Pierce, a Republican SEC appointee, said industry watchdogs had previously been practicing regulation by enforcement with digital assets.

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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.