Fri.Oct 25, 2024

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Give Back at Jack: Making a Difference in Our Communities

Jack Henry

At Jack Henry™, our mission is fueled by three guiding principles: do the right thing, do whatever it takes, and have fun. This commitment is core to our corporate citizenship and philanthropy efforts – particularly our Give Back at Jack campaign.

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Challenges shaping North American banks’ payments tech investments

Accenture

The payments industry is evolving rapidly, driven by changing consumer and commercial needs. Payments executives are grappling with rising costs, shrinking margins and emerging technologies like generative AI, prompting a reevaluation of their strategies. The key question is: What tech investments should be prioritized to stay competitive? Our new research, based on insights from 326… The post Challenges shaping North American banks’ payments tech investments appeared first on Accenture Ba

Payments 222
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Illinois should abandon interchange law

Payments Dive

“Illinois has made a hasty decision that, if implemented, would have government change our payments system that functions so well that we barely notice it,” writes a trade group CEO.

Illinois 221
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Perficient Named in Forrester’s App Modernization and Multicloud Managed Services Landscape, Q4 2024

Perficient

As new technologies become available within the digital space, businesses must adapt quickly by modernizing their legacy systems and harnessing the power of the cloud to stay competitive. Forrester’s 2024 report recognizes 42 notable providers– and we’re proud to announce that Perficient is among them. We believe our inclusion in Forrester’s Application Modernization and Multicloud Managed Services Landscape, Q4 2024 reflects our commitment to evolving enterprise applications and managing multic

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Fall In Love With the Month-End Close

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.

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Capital One-Discover deal draws NY scrutiny

Payments Dive

New York Attorney General Letitia James is probing the proposed acquisition’s effects on competition, arguing “often vulnerable New Yorkers with subprime credit scores” could be negatively impacted.

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Finix eyes competition with rivals like Stripe

Payments Dive

The payment processor said Thursday that it raised $75 million and is seeking to grab a bigger slice of a payments market dominated by larger rivals.

Marketing 195
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The big pay-by-bank projects launching right now

American Banker

Card networks, fintechs and Walmart have started major account-to-account payment initiatives in the past few weeks.

Fintech 87
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foodpanda teams with Fiserv to facilitate secure ecommerce payments

The Paypers

Fiserv , a worldwide provider of payments and financial services technology solutions, has revealed a strategic partnership with foodpanda.

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FDIC cites three Texas banks over risk management, liquidity

American Banker

The Federal Deposit Insurance Corp. and Texas banking regulators issued consent orders against Industry State Bank, Fayetteville Bank, and Citizens State Bank requiring major overhauls of their management, capital, and risk controls.

Texas 66
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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.

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UK leads European crypto economy with USD 217 bln on-chain

The Paypers

Recent data from the blockchain analysis firm Chainalysis highlights that the UK holds the largest cryptocurrency economy in Central, Northern, and Western Europe (CNWE).

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Compliance is banking's superpower; that goes double in an era of AI

American Banker

Banks' compliance teams have often been the source of innovative technologies with applications far beyond financial services. That is likely to hold true with artificial intelligence-related compliance solutions.

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Prelim integrates with Q2's digital banking platform

The Paypers

Prelim has announced its integration with Q2 ’s Digital Banking Platform via the Q2 Partner Accelerator Program.

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Gender equality continues to progress, U.S. Bancorp's Gujan Kedia says

American Banker

The president of U.S. Bancorp reflected on the progress women have made, and the work left to do, at American Banker's Most Powerful Women in Banking gala.

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The Role of Automation in Commercial Lending

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.

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Nigeria drops money-laundering case against Binance executive

The Paypers

Nigeria’s Economic and Financial Crimes Commission ( EFCC ) has dismissed a money-laundering case against Tigran Gambaryan, a senior executive at Binance.

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Cambridge Savings' Ivy Bank unit crests $1 billion in digital deposits

American Banker

Executives at the Boston-area mutual bank said its digital-only division's growth is accelerating, even as more banks enter the space.

Boston 41
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Embedded Finance's adoption in the US surpasses Europe

The Paypers

PSE Consulting and TSG have published new research tracking the current levels of adoption of Embedded Finance in Europe and the US.

US 45
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A complete guide to the CFPB's open banking rule

American Banker

The rule, finalized Tuesday, enables consumers to share their financial data with third parties. Here are the implications for banks.

Data 37
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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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Visa's biannual report highlights evolving scams and financial threats

The Paypers

Visa has released its State of Scams: Fall 2024 Biannual Threats Report, revealing recent developments in scams and threats targeting banks and consumers.

Report 45
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HSBC Restructures with First Female CFO | Apple Unveils AI with ChatGPT Integration | Apple & Goldman Fined $89M over Apple Card Missteps

Bussman Advisory

This week’s must-know stories in the FinTech, AI and Digital Asset space. The latest edition of the FinTech Ecosystem Newsletter is here: Image Credits: shutterstock.com The post HSBC Restructures with First Female CFO | Apple Unveils AI with ChatGPT Integration | Apple & Goldman Fined $89M over Apple Card Missteps appeared first on Bussmann Advisory AG.

Apple 52
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Socure acquires Effectiv for USD 136 million

The Paypers

AI and digital identity verification provider Socure has signed its agreement to acquire Effectiv , a real-time risk decisioning firm, for USD 136 million.

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Associated Bank's hiring push yields loan pipeline growth

American Banker

The Green Bay, Wisconsin-based bank said the 16 lenders it's added have helped drive meaningful loan pipeline growth, and that another 10 new hires are expected by early next year.

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Outsource With Confidence for RDC Program Success

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.

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Finset teams up with ID-Pal to combat AI-Driven Identity Document Fraud

The Paypers

Finset , a car financing platform, has teamed up with identity verification provider ID-Pal to incorporate an AI document fraud detection feature, ID-Detect.

Fraud 41
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The Churn Challenge: Four Big Ideas for Banks and Credit Unions Looking to Drive Down Attrition

The Financial Brand

This article The Churn Challenge: Four Big Ideas for Banks and Credit Unions Looking to Drive Down Attrition appeared first on The Financial Brand. Learn how banks are fighting 15% annual customer churn with data-driven strategies, from smart onboarding to multichannel marketing that delivers 1,344% ROI. This article The Churn Challenge: Four Big Ideas for Banks and Credit Unions Looking to Drive Down Attrition appeared first on The Financial Brand.

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Worldline partners with Visa to transform fraud management solutions

The Paypers

Worldline , a global provider of payment services, has announced a collaboration with Visa Acceptance Solutions to introduce an optimised fraud management solution.

Fraud 36
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New York Community's loss wider than expected

American Banker

A 42% drop in net interest income, continued costs from its merger with Flagstar Bank and the sale of its mortgage warehouse business weighed on the third-quarter results.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

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.