Payments Dive

JUNE 30, 2023

The separation of NCR’s ATM business and its digital commerce operations is expected to occur in the fourth quarter.

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ATM Strategy Operations 411

South State Correspondent

JUNE 30, 2023

Many banks pride themselves on superior customer service, and approximately 90% of all community banks believe that they provide an above-average level of customer service (the math cannot work that way). The reason bankers should want to provide an above-average level of service is to increase profitability, which translates to charging customers more in the form of higher loan rates, lower deposit rates, and more charged fees.

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Payments Dive

JUNE 30, 2023

GetGo’s mobile payments promotion adds to the handful of initiatives the company has undertaken in recent months, including installing bitcoin ATMs at some locations.

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Realwired Appraisal Management Blog

JUNE 30, 2023

With the current bank slowdown, many in the valuation field are considering retiring. In the past, retiring meant taking less jobs but not a full stop. Does green golf courses or fishing on the bay in your center console boat sound alluring? Maybe it’s thoughts of getting to all those house projects.

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Course 98

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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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Payments Dive

JUNE 30, 2023

The soon-to-launch real-time payments system from the Federal Reserve may reduce interchange fee revenue for some payments players and increase IT costs for others.

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Report System Payments 106

American Banker

JUNE 30, 2023

Sen. Elizabeth Warren, D-Mass., in a letter to the Consumer Financial Protection Bureau, challenged the idea that credit card late fees serve as a deterrent to delinquency, instead saying issuers told her office that some of them earn tens of millions of dollars collecting late fees.

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The Paypers

JUNE 30, 2023

The EU has reached a provisional agreement between the European Parliament and the Council of the European Union for the legal framework regulating the European Digital Identity.

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American Banker

JUNE 30, 2023

In June's roundup of American Banker's favorite stories: Attempts to steal consumer data target a growing number of banks, credit unions secure deposits outflowing from other financial institutions, Citizens recruits 50 former private banking employees of First Republic and more.

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The Paypers

JUNE 30, 2023

The EU has reached an agreement on changes to the Capital Requirements Regulation and Directive, including new regulations for crypto assets.

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Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.

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American Banker

JUNE 30, 2023

The card brand's Multi Token Network supports transaction authentication for blockchains and other new electronic payment options.

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blockchain Branding Cards Payments 85

BankInovation

JUNE 30, 2023

Financial institutions can see the terms of a loan being offered by a competitor with a new platform launched Thursday by Salesforce. The San Francisco-based Salesforce’s Data Cloud combines data across systems to give banks a more complete picture of consumer activities, according to Salesforce.

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San Francisco Data System Retail 52

American Banker

JUNE 30, 2023

Banks are simultaneously looking to shed their obligations under laws like the Community Reinvestment Act and begging the government for more support in the form of higher deposit insurance limits.

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Community FDIC Compliance Lending 73

BankInovation

JUNE 30, 2023

London-based open banking startup Volt is looking to expand global operations with a $60 million series B round. The additional funds were announced by the company this month. Founded in 2019, Volt is seeking to create a global real-time payments system by uniting various open payments networks onto one platform, according to its website.

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Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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American Banker

JUNE 30, 2023

Wells Fargo leads $70 million funding effort targeting credit-challenged entrepreneurs; PayPal adds Tap to Pay for Venmo, Zettle; Amex names new CFO to succeed retiring veteran finance chief and more in this week's banking news roundup.

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social media Industry Cards Fintech 69

FICO

JUNE 30, 2023

Home Blog Feed test ‘FICO Drift’: What Is It, and What Causes It? FICO ® Scores rank-order the likelihood of borrowers’ credit repayment risk - the relationship between the FICO Score and repayment odds can and does shift Thu, 05/04/2023 - 01:08 JenniferPiccinino@fico.com by Ethan Dornhelm Vice President, Scores and Analytics expand_less Back to top Fri, 06/30/2023 - 17:00 Last month I attended the SFVegas conference , and I was struck by the number of attendees who approached me and asked about

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American Banker

JUNE 30, 2023

With LIBOR's long-awaited sunset, the future of interest rate benchmarking must be defined by choice.

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The Paypers

JUNE 30, 2023

Australia-based API platform Basiq has recently launched a partnerships programme aimed at bolstering customer capabilities and improving overall value, according to Australian Fintech.

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Fintech 36

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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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American Banker

JUNE 30, 2023

Following regulatory stress tests, three midsize institutions expect to be required to maintain larger stress capital buffers. The reverse is true for four of the nation's largest banks.

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Capital Regional National Compliance 41

The Paypers

JUNE 30, 2023

US-based spend management platform Airbase has partnered with TravelPerk to enable businesses to manage their travel expenditure with less effort through one integration.

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Management US 36

American Banker

JUNE 30, 2023

The changes, which are being discussed as part of a sweeping review by the Federal Housing Finance Agency, would amount to the most dramatic reshaping of the $1.6 trillion system in decades.

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Regulation System Policies Industry 36

The Paypers

JUNE 30, 2023

Portugal-based transit system Lisbon Metro has partnered with UK-based transit payments processing company Littlepay to facilitate contactless bank card payments.

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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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American Banker

JUNE 30, 2023

The San Antonio bank says it will open 17 new financial centers in the Austin region by 2026. It's the latest step in a physical expansion strategy that has led to dozens of new branches in Houston and Dallas.

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The Paypers

JUNE 30, 2023

Cybersecurity company Nokod has raised USD 8 million to establish a presence in the US market and further research vulnerabilities of low-code/no-code domains.

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Security US Marketing Company 36

American Banker

JUNE 30, 2023

The president said he would begin a new process to provide relief under the Higher Education Act and would also create a 12-month "on-ramp repayment program" that would help borrowers reduce the threat of default.

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The Paypers

JUNE 30, 2023

German-based mobility provider FREENOW has partnered with Revolut to offer access to Revolut Pro and its benefits to its drivers.

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Mobile 41

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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

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