ATM Marketplace

JANUARY 23, 2024

How should your bank appeal to Gen Z? Should the branch play a role? What about digital signage?

110

110

Payments Dive

JANUARY 23, 2024

Greg Adelson, the company’s current president and chief operating officer, will take the reins from outgoing CEO David Foss in July.

Operations 243

Operations Company 243

Perficient

JANUARY 23, 2024

This post has been updated to reflect FINRA Regulatory Notice 24-02, issued January 23, 2024. The COVID-19 pandemic prompted several unprecedented shifts in society, notably impacting the workplace and necessitating the adoption of innovative technologies that facilitate collaboration and efficiency in a work-from-home (WFH) environment. For brokers, in the financial services sector, remote work became especially difficult due to the requirement for firms to register and supervise all home offic

Compliance 221

Compliance Regulation Industry Maine 221

Payments Dive

JANUARY 23, 2024

Many venture-dependent startups that put off fundraising will be forced to do so this year or find an exit plan.

Payments 243

Payments 243

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Groups

CFPB Monitor

JANUARY 23, 2024

On September 18, 2023, the Federal Reserve, Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency jointly published and sought comments on a proposal to implement new, standardized capital requirements that would, among other things, increase capital requirements for banks with $100 billion or more in total assets.

Industry 179

Industry Capital FDIC 179

Realwired Appraisal Management Blog

JANUARY 23, 2024

For Chief Appraisers, are a few RMA CART meetings enough? For fee appraisers, are USPAP courses every two years enough? Are you learning enough to scale your value? How much knowledge outside our valuation bucket are you reading (books), attending (seminars) or listening to (podcasts)?

Course 103

Course Meeting 103

Payments Dive

JANUARY 23, 2024

“This wasn’t a scaled business for Ally, but on our side, this is absolutely a scaled business,” Synchrony CEO Brian Doubles said Tuesday. “This is exactly the type of acquisition that we look for.

Lending 221

Lending 221

American Banker

JANUARY 23, 2024

The Indiana bank is "on offense by continuing to invest in new client-facing and key support talent and being ready and opportunistic for acquisitions," CEO Jim Ryan says.

Nashville 83

Nashville Indiana National Community Bank 83

BankInovation

JANUARY 23, 2024

Expense management company and neobank Brex announced today it will lay off 282 employees, roughly 20% of its workforce. The move will help Brex become “a high-velocity company” that is “leaner, faster and closer to customers,” Brex founder and co-chief executive Pedro Franceschi said in a release.

Management 79

Management Company Digital Banking 79

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Analysis

American Banker

JANUARY 23, 2024

Several regional banks have projected minimal growth or even a decline in lending this year. But Connecticut-based Webster is bullish based on its pipeline of nonoffice commercial real estate, public finance and other credits, CEO John Ciulla says.

Connecticut 83

Connecticut Regional Lending 83

The Paypers

JANUARY 23, 2024

UK-based fintech company Revolut has launched the Mobile Wallets feature to simplify the process of sending money abroad.

Mobile 77

Mobile Fintech Company 77

American Banker

JANUARY 23, 2024

The credit card issuer said it's "cautiously optimistic" about its borrowers' financial health, with charge-offs expected to rise not much further than pre-pandemic levels. The upbeat outlook contrasts with a key competitor's guidance of significantly higher losses.

Cards 83

Cards Lending 83

BankInovation

JANUARY 23, 2024

Synchrony Financial is expanding its distribution network through acquisition and additional product offerings in 2024. The Stamford, Conn.-based company “continued to diversify our programs in 2023, broadening the utility of our offerings and extending our reach,” President and Chief Executive Brian Doubles said today during Synchrony’s fourth-quarter 2023 earnings call.

Operations 77

Operations Payments Company 77

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Lending

American Banker

JANUARY 23, 2024

The digital financial services firm announced layoffs Tuesday, with the goal of keeping the company steady until conditions improve for its business users.

Company 80

Company Fintech Payments 80

BankInovation

JANUARY 23, 2024

Klarna Bank AB, the Swedish fintech that was once Europe’s most valuable startup, may soon launch a stock market listing in the US, according to Chief Executive Officer Sebastian Siemiatkowski.

Fintech 72

Fintech Video US Marketing 72

American Banker

JANUARY 23, 2024

ModernFi, which helps banks source or offload deposits in reciprocal or one-way arrangements, recently raised a Series A with participation from Huntington Bancshares, First Horizon Corp. and Regions Financial.

Regional 73

Regional 73

The Paypers

JANUARY 23, 2024

Singapore-based Terraform Labs , the company behind the TerraUSD stablecoin, has filed for bankruptcy protection in the United States.

United States 69

United States US Company 69

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Capital

American Banker

JANUARY 23, 2024

The Salt Lake City bank said that it doesn't expect to see major losses, even though the amount of problem loans in its portfolio rose at the end of 2023.

Lending 73

Lending 73

Cisco

JANUARY 23, 2024

Cyber security attacks in 2023 reached a new level of sophistication as significant supply chain attacks and evolved malware tools have accelerated the risk facing financial institutions.

Cyber Security 62

Cyber Security Security Analytics Tools 62

American Banker

JANUARY 23, 2024

The Tennessee-based bank was forced to keep operating on its own after a proposed acquisition was called off. Months later, First Horizon has picked up new customers and improved its profitability, but investors remain cautious amid plans for catch-up spending on technology.

Tennessee 62

Tennessee Operations Technology Management 62

The Paypers

JANUARY 23, 2024

A new study conducted by Trustpair has mentioned that payment fraud attempts on US businesses grew by 71% in 2023.

Study 45

Study Fraud US Payments 45

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Operations

American Banker

JANUARY 23, 2024

The CFPB is well within its authority to make these changes, which will increase the availability of credit to many Americans.

Report 50

Report Compliance Lending Regulation 50

The Paypers

JANUARY 23, 2024

Singapore-based payment solution provider AXS has partnered with Triple-A , a global digital currency payments institution, to allow for bill payments with digital currencies.

Payments 41

Payments 41

American Banker

JANUARY 23, 2024

The former treasurer of FMC Corp. worries that the proposed new capital rules will translate into higher costs for corporate borrowers and reduced access to key types of financing options.

Capital 45

Capital Compliance Lending Regulation 45

The Paypers

JANUARY 23, 2024

Germany-based fintech specialising in blockchain software development SWIAT has enabled financial institutions to issue crypto fund units on the blockchain.

blockchain 41

blockchain Software Fintech 41

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