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 111
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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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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.

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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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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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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.

More Trending

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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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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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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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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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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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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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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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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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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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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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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 52
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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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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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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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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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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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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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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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More Americans are tapping home equity credit lines, NY Fed says

American Banker

High borrowing costs led to fewer mortgage originations in the second quarter, according to the Federal Reserve Bank of New York's Quarterly Report on Household Debt and Credit released Tuesday.

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10x and Zafin join forces

The Paypers

Zafin has teamed up with 10x Banking in a global partnership aimed at accelerating core banking systems transformation and driving innovation in the financial sector.

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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.

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Savvy Wealth secures USD 15.5 million in Series A round

The Paypers

Technology-enabled wealth management services provider Savvy Wealth has announced that it raised an additional USD 15.5 million in funding in a Series A round.

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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.