Thu.Sep 26, 2024

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The New Capital of Smarter Banks

Gonzobanker

In today’s evolving financial world, bank leaders should look to intellectual capital to create shareholder value. Banking: It’s a financially leveraged industry run by financial experts who like to geek out on… well, finance. These days the world of finance even dons matching uniforms with “Finance Bro” vests. And when these finance brothers and sisters think about a bank’s franchise value, they immediately reference equity capital.

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Moneygram faces backlog after outage

Payments Dive

The international wire transfer company has restarted some services after a cyberattack, but is battling to fulfill transactions after taking its systems offline for much of the week.

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Stop undermining your direct reports by going around them

American Banker

As a leader, just because you have the authority to make a decision doesn't mean you should always be the one making it. A good manager allows subordinates to make choices and assume responsibility.

Report 81
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FDX seeks to become open banking standard-setter

Payments Dive

The Consumer Financial Protection Bureau will decide whether an organization’s practices are transparent and balanced enough to set standards for open banking.

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Back to Basics with Reconciliations

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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The Most Powerful Women to Watch: No. 3, Florence Pourchet, BNP Paribas

American Banker

Pourchet's duties include deciding the types of corporate and institutional clients to attract in BNP Paribas' Latin American region and ensuring the bank has the right teams and products to serve them.

More Trending

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Multitude Bank partners with Salt Edge to provide instant loan repayments

The Paypers

Multitude Bank , a subsidiary of the Multitude Group, has entered into a strategic agreement with the Open Banking platform Salt Edge to deliver instant loan repayments.

Groups 74
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Bank M&A set to take off after Fed rate cuts; deal values soar

American Banker

Dealmakers say the Federal Reserve's decision to reduce interest rates this month will lower borrowing costs and support banks' credit quality, making it easier for buyers to assess sellers' balance sheets and agree on sale terms.

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Movers and Shakers: Exec changes at TD

BankInovation

TD Bank announced a flurry of executive changes, including the retirement of its chief executive and the CEO of TD Securities. Riaz Ahmed, group head of wholesale banking and president and Chief Executive of TD Securities, will retire in January after three decades at the bank, a Sept. 19 release stated. “Riaz has helped define […] The post Movers and Shakers: Exec changes at TD appeared first on Bank Automation News.

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The Most Powerful Women to Watch: No. 5, Barbara Mariniello, Barclays

American Banker

Since she was elevated to her current role roughly 18 months ago, Mariniello has continued to balance emerging opportunities with implementing long-term growth initiatives.

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How a Managed Services Partner Can Reduce the Friction in Your RDC Program

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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Q&A with Jack Henry’s Jonathan Baltzell on efficiency gains

BankInovation

Financial institutions are investing in tech to drive efficiency among market pressures to increase deposits. According to Jack Henry’s 2024 Strategy Benchmark report, increasing operational efficiency is a top strategic priority for banks and credit unions over the next two years. The survey was conducted in January and February and included responses from 127 bank […] The post Q&A with Jack Henry’s Jonathan Baltzell on efficiency gains appeared first on Bank Automation News.

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Temenos partners with Bahwan CyberTek

The Paypers

Temenos has signed a Multi-Country Model Bank development agreement with Bahwan CyberTek in order to provide customers optimised local functionality and service capability.

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The Most Powerful Women to Watch: No. 6, Lori Heinel, State Street Global Advisors

American Banker

Heinel is the first female global chief investment officer at State Street Global Advisors, the world's fourth-largest asset manager.

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HSBC launches new financing plan for SMEs in Hong Kong

The Paypers

HSBC has decided to roll out a financing plan worth HKD 5 billion (USD 641 million) aimed at helping small and medium-sized enterprises (SMEs) in Hong Kong.

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Budget Playbook for Commercial Lenders — Bank and Credit Union Edition

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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The Most Powerful Women to Watch: No. 15, Kim Posnett, Goldman Sachs

American Banker

Posnett climbed the ranks of Goldman through her positions as co-head of internet investment banking and co-chief operating officer of the tech, media and telecom group. Before her current role, she led global investment banking services.

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Cross River and Forward launch Payouts-As-A-Service for developers

The Paypers

Cross River Bank and Forward have joined forces to tackle significant payment obstacles that impede SaaS growth by offering Embedded Payment solutions.

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The Most Powerful Women to Watch: No. 2, Melissa Stevens, Fifth Third Bank

American Banker

Stevens' expansive role at the Cincinnati-based lender includes head of enterprise workplace services, which puts her in charge of Fifth Third's properties.

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Yuno launches Monitors for real-time payment detection

The Paypers

Yuno has launched a new feature called Monitors, designed to detect and resolve payment anomalies in real time.

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It Takes Two to Tango

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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The Most Powerful Women to Watch: No. 4, Meghan Graper, Barclays

American Banker

Graper was promoted to her current role as managing director and global co-head of debt capital markets last year.

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EIB backs Nexi with EUR 220 mln for digital payments innovation

The Paypers

The European Investment Bank (EIB) has provided EUR 2020 million in financing to paytech Nexi to support innovation in the European digital payments sector.

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The Most Powerful Women to Watch 2024

American Banker

Our annual list of the most powerful women to watch in banking and finance.

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Fincra launches its Multicurrency Account API

The Paypers

Fincra has announced the launch of its Multicurrency Account API, which was developed in order to aid global transactions across the region of Africa.

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The 2024 Lenders Guide to Automating the Complex Loan

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.

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The Most Powerful Women to Watch: No. 9, Liz Wolverton, Synovus

American Banker

Wolverton is in her third year leading consumer banking and brand experience at the Columbus, Georgia, bank. The $60 billion-asset Synovus is Georgia's largest bank.

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PayPal expands cryptocurrency capabilities for US merchants

The Paypers

US-based PayPal has announced that US merchants can now buy, hold, and sell cryptocurrency directly through their PayPal business accounts.

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DOJ's Visa debit suit threatens to upend revenue models

American Banker

Interchange fees and financial incentives for merchants, banks and mobile wallets could come under pressure if the government forces the card brand to alter its policies.

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Klarna launches its payment methods on Adyen's in-store terminals

The Paypers

AI-enabled global payments network Klarna has announced the upcoming availability of its payment methods on Adyen ’s in-store terminals across Europe, North America, and Australia.

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Confronting the Change Challenge

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.