Tue.Aug 06, 2024

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Advanced ATM features: 5 to include

ATM Marketplace

Here are five advanced ATM features that you should include.

ATM 119
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Credit card delinquencies rise even as credit limits are extended

Payments Dive

The two developments stem from greater use of credit cards, and could have implications for some businesses, says a Bain & Company analyst.

Cards 273
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Ripple prepares to launch Ripple USD (RLUSD)

The Paypers

Ripple has announced that it is preparing to launch its RLUSD stablecoin for instant cross-border payments.

Payments 101
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FIS starts to get its payments mojo back

Payments Dive

Fidelity National Information Services is starting to recharge its card payments business in the wake of selling Worldpay, the company’s CEO said.

Payments 243
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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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Big UK banks need to do more to be ready for potential failure, says Bank of England

TheGuardian

BoE warns lenders including Barclays and Standard Chartered in effort to prevent social media-driven runs Business live – latest updates The Bank of England has told big UK banks including Barclays and Standard Chartered that they need to improve their preparations for a potential failure as it pushes banks to rapidly assess their financial position to prevent social media speculation sparking consumer panic.

More Trending

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Are Private Lenders a Good Option for Flipping Houses?

Commercial Lending USA

This blog will discuss the benefits of using private loans to flip houses. Cover topics like finding the best lender and advice for a successful partnership. We'll also discuss the potential drawbacks and when to consider alternative financing options.

Lending 93
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USAA agrees to $64M settlement in class action overcharging case

American Banker

The proposed settlement would resolve allegations that USAA violated laws protecting those in the military from excessive interest rates. The bank said it "strongly disagrees" with the allegations.

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Strategies to Navigate Lending Changes With Agility

Jack Henry

Dive into the Jack Henry™ 2024 Strategy Benchmark to unlock key strategies for navigating today’s dynamic lending landscape and boosting your loan portfolio.

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A new balance between private credit and syndicated loans is coming

American Banker

The resurgence of the syndicated loan market signals a pendulum swing back to greater reliance by debt issuers on traditional bank financing.

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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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Global markets show recovery after Monday rout

BankInovation

Global markets are calming today after suffering a rout on Monday on the heels of a weaker-than-expected jobs report in the United States, and the Japanese yen’s reverse carry trade.

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The yen carry trade is unwinding, raising U.S. recession risks

American Banker

The Bank of Japan's interest rate hike and plan for quantitative tightening have international markets scrambling to adjust to a new reality in which carry trade credit is tighter and a U.S. downturn is somewhat more likely.

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Inside the tech: nCino’s product development

BankInovation

The road from idea to market can be winding for a product, but tech provider nCino’s strategy is in high gear.

Trends 72
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Fulton Financial promotes execs as it digests Republic First

American Banker

The parent company of Fulton Bank announced the creation of three new management roles and promoted existing employees into those jobs. The changes follow the recent hiring of an outsider to be CFO.

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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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Daxian and Know Your Customer augment KYB across Luxembourg

The Paypers

Compliance specialist company Daxian has partnered with regtech Know Your Customer to augment compliance and KYB capabilities in Luxembourg.

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Former Nebraska bank president lands in prison for loans to a relative

American Banker

Jack Poulsen, the former president of Ericson State Bank in Nebraska, was sentenced to 18 months in prison for bank fraud involving loans to a relative that led to the rural bank's collapse.

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Mastercard Open Banking’s Katharina Luschnik to speak at Bank Automation Summit Europe 2024

BankInovation

Katharina Luschnik, vice president for product sales and open banking at Mastercard, will speak at Bank Automation Summit Europe 2024 about how to approach data quality. The summit takes place Oct. 7-8 at Hilton Frankfurt in Frankfurt, Germany, bringing together industry experts to discuss bank automation, payments, AI and data.

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FIS beats on earnings, raises guidance

American Banker

The bank technology company says client wins are coming in at a fast pace and are driving financial performance.

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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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How to protect yourself and your family from cyber fraud.

PopularBank

Experts estimate that the global cost of cybercrime totaled $8 trillion or more in 2023. Such a staggering number underlines the real threat of virtual scams that prey upon unsuspecting victims. Unfortunately, cyber fraud continues to plague customers and even large businesses, rampantly growing in complexity and potency. Adequately preparing yourself and your family against bad actors can seem daunting in the face of such sophisticated cyber attacks.

Fraud 52
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Texas Capital Bank hops on private credit boom

American Banker

The Dallas-based bank is the latest bank to announce plans for a direct lending rollout using non-bank capital.

Capital 45
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Vodeno partners with Aion Bank and BLIK

The Paypers

Vodeno has announced its partnership with Aion Bank in order to provide financial institutions and costumers in the region of Europe with BLIK -as-a-service.

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Wave of new hires speeds Dime's commercial transformation

American Banker

The Long Island-based thrift, long associated with multifamily and CRE lending, saw business lending spike the past year as it onboarded 15 banking teams. Other banks that did significant hiring have also reported more deposits and wider margins.

Lending 41
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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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LB Finance taps Huawei to augment core banking infrastructure

The Paypers

Sri Lanka-based financial institution LB Finance has partnered with Huawei to revolutionise its core banking infrastructure.

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What Does the BaaS Crackdown Mean for the Tradeoff Between Innovation and Compliance?

The Financial Brand

This article What Does the BaaS Crackdown Mean for the Tradeoff Between Innovation and Compliance? appeared first on The Financial Brand. Product innovation needs the guardrails that compliance expertise provides. Here's how a veteran makes them work together. This article What Does the BaaS Crackdown Mean for the Tradeoff Between Innovation and Compliance?

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Veritas Capital to acquire NCR Voyix's digital banking platform

The Paypers

Digital commerce solutions provider NCR Voyix has signed a definitive agreement with an affiliate of Veritas Capital to sell its cloud-based digital banking business for USD 2.45 billion in cash.

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Regulatory scrutiny of 'cash sweeps' extends to Morgan Stanley

American Banker

Researchers wonder if similar regulatory attention could eventually hit the bottom lines of independent broker-dealers and RIAs.

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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.