Thu.Nov 07, 2024

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Fintechs need to be more proactive about regulatory compliance

American Banker

The Synapse failure and recent enforcement actions make it clear that fintechs need to up their regulatory compliance game. At the same time, they have an opportunity to help shape future rules.

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How Trump’s administration may rework payments policies

Payments Dive

The president-elect and his new administration will have the opportunity to revamp federal government approaches for everything from earned wage access to digital currencies to open banking.

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MAS and Banque de France trial post-quantum cryptography to secure financial communications

The Paypers

The Monetary Authority of Singapore has partnered with the Banque de France to test new protections to shield financial communications and data from potential quantum computing risks.

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Cross River drops lawsuit against Fiserv unit

Payments Dive

The Fort Lee, New Jersey-based lender dismissed a lawsuit that it had filed against First Data Merchant Services last year.

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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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dLocal and Viva Aerobus expand payment options

The Paypers

dLocal , a cross-border payment platform, has announced a partnership with Viva Aerobus , a rapidly growing low-cost airline in the Americas.

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FTC sues fintech company Dave

The Paypers

FTC has filed a complaint against Dave for seldom providing the advertised loan amounts and charging consumers a "tip" without an opt-out option.

Company 68
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Paze gets new leader amid slow start

Payments Dive

Early Warning Services, the bank-owned company that operates Paze, tapped a new leader last month for the digital wallet operation after slow progress in launching the new service.

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FTC sues fintech company Dave

The Paypers

FTC has filed a complaint against Dave for seldom providing the advertised loan amounts and charging consumers a "tip" without an opt-out option.

Company 68
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Block's stock tanks after revenue miss

American Banker

The payments company's third-quarter results came in $250 million below Wall Street's expectations, disappointing investors.

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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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Nium partners with Partior for real-time cross-border payments

The Paypers

Nium has announced its partnership with Partior in order to provide customers with real-time cross-border payments, clearing, and settlement.

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CFPB sanctions Navy Federal for improper overdraft fees

American Banker

The giant, Vienna, Virginia-based credit union will pay tens of millions of dollars in refunds and fees for overdraft practices its federal regulator labeled "deceptive and unfair.

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GoCardless expands partnership with Big Red Cloud for payment solutions

The Paypers

Bank payment company GoCardless has expanded its collaboration with Big Red Cloud, a cloud accounting software provider.

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Judge approves TD Bank plea deal, including five years of probation

American Banker

The plea agreement, which includes a fine of more than $1.4 billion, penalizes TD for systemic money laundering violations. "We have the ability to profit, and we should be able to profit, but not at the expense of the law," said U.S. District Judge Esther Salas.

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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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HashKey Global to initially List HSK, the HashKey Platform Token

The Paypers

Licensed digital asset exchange platform HashKey Global has announced the launch of the initial listing of the HashKey Platform Token (HSK).

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Citizens to pair AI agents with automation to improve productivity

American Banker

AI agents can help route tasks and make decisions along the way, but a human in the loop will still be needed to ensure effectiveness.

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MAS advances tokenisation efforts in financial services

The Paypers

The Monetary Authority of Singapore (MAS) has outlined new initiatives to further integrate tokenisation within financial markets.

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FICO confirms price hike for 2025

American Banker

FICO's wholesale royalty will be $4.95 per score for mortgage originations, it announced. That's up from $3.25, which is the current cost of a mortgage credit score.

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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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Mastercard joins Buna to boost MENA payments

The Paypers

Mastercard has joined Buna to enhance cross-border payments in MENA, offering faster, more transparent, and cost-effective transactions for businesses and consumers.

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What It Takes for Financial Websites to Punch Above Their Weight

The Financial Brand

This article What It Takes for Financial Websites to Punch Above Their Weight appeared first on The Financial Brand. From TikTok to AI, modern banking websites must evolve beyond basic service portals. Learn how financial institutions can transform their sites into powerful lead generators. This article What It Takes for Financial Websites to Punch Above Their Weight appeared first on The Financial Brand.

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Network International partners with Tabby to offer interest-free payments at POS

The Paypers

Network International has announced its partnership with Tabby in order to offer customers and businesses flexible, interest-free payments at point of sale.

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Changes coming to the Fed in a Trump presidency

American Banker

At a minimum, president-elect Donald Trump can make two appointments to the Federal Reserve Board of Governors and choose new leadership. But more substantial changes could be in the offing.

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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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Sure and Checkout.com to augment digital insurance payments

The Paypers

US-based digital payments provider Checkout.com has entered into a collaborative agreement with Sure to improve payments for digital insurance.

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Powell says he won't step down and Trump can't make him

American Banker

The Federal Reserve's top official was emphatic that he and other leaders on the Board of Governors cannot be dismissed or demoted at will by the president.

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Boxo and Nium launch white-label remittance platform for apps

The Paypers

Boxo has partnered with global payments infrastructure firm Nium to introduce a white-label remittance platform designed for mobile apps.

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Sir John Nott obituary

TheGuardian

Defence secretary in Margaret Thatcher’s cabinet during the Falklands war The reputation of John Nott, who has died aged 92, will for ever be linked with the Falklands war of 1982. Nott was the defence secretary in Margaret Thatcher ’s first administration and was extremely fortunate politically to survive one of Britain’s gravest postwar crises – yet it effectively ended his ministerial career.

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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.