PayPal considers Xoom sale: report
Payments Dive
MAY 17, 2023
The digital payments company is considering a sale of its Xoom cross-border business, The Information reported, citing an unnamed source.
Payments Dive
MAY 17, 2023
The digital payments company is considering a sale of its Xoom cross-border business, The Information reported, citing an unnamed source.
FICO
MAY 17, 2023
Home Blog Feed test FICO World 23: Unleashing the Power of FICO Platform Creating next-generation customer experiences Tue, 05/16/2023 - 17:07 Saxon Shirley by Stephanie Covert EVP, Software expand_less Back to top Wed, 05/17/2023 - 16:25 An Engine for Next-generation Customer Experiences FICO World 2023, is an embodiment of the collective vision and dedication of leaders, change agents, and revolutionaries like our clients, who are shaping the future of customer experiences.
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Payments Dive
MAY 17, 2023
Global Payments isn’t looking for more acquisitions — except in the B2B space, its outgoing CEO said.
CFPB Monitor
MAY 17, 2023
NYDFS recently issued Proposed Guidance “to New York State-regulated banking organizations and regulated non-depository financial institutions to notify them of the Department’s expectation that they update their framework for the review and assessment of the character and fitness of their directors, senior officers, and managers, both upon onboarding and on an ongoing basis.”.
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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.
Payments Dive
MAY 17, 2023
Block-owned Square said the tool lets restaurant franchisors monitor multiple units on one dashboard.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
CB Insights
MAY 17, 2023
Loan underwriting is a slow and complex process, due to insufficient data for credit scoring, stringent risk management requirements, and highly manual processes. Fraud is also a concern. For example, 2020’s Paycheck Protection Program (PPP) dealt out upwards of $117B in loans (15% of the total) to businesses that didn’t actually qualify.
BankInovation
MAY 17, 2023
Farm Bureau Bank is implementing tech from cloud-based fintech nCino for commercial and retail loans, treasury management services and deposit accounts to operate across one platform. Farm Bureau Bank signed with nCino on Oct.
TheGuardian
MAY 17, 2023
UBS says it will absorb costs related to litigation, regulatory matters and liability adjustments in emergency rescue UBS is in line to make an almost $35bn (£28bn) gain after its emergency takeover of Credit Suisse – but has said it will take a $17bn hit from costs related to the rushed rescue deal. The Swiss lender has said it will make gains of $34.8bn after taking on Credit Suisse, based on an initial assessment of data until the end of last year, according to a regulatory filing.
BankInovation
MAY 17, 2023
First Community Bank selected Jack Henry as its core provider as the bank continues to grow its client base. The Michigan-based bank expects to grow 10% annually for the next three years, Chief Executive Daniel Clarke said in a release.
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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.
Qudos Bank
MAY 17, 2023
As the world continues to evolve, bad actors are developing new scams to catch unsuspecting people and take their money. While there are a number of types of scams that are always running, there are also red flags you can keep an eye out for. To give you the information you need to avoid being scammed, we’ve looked at the most common types of scams you might come across, and how you can best protect yourself from these.
BankInovation
MAY 17, 2023
The launch of FedNow is finally around the corner and it’s been a long time coming, industry experts told Bank Automation News.
The Paypers
MAY 17, 2023
UK-based Open Banking provider GoCardless has partnered with Bluefort to offer companies an improved way to manage their billings and payments within Dynamics 365.
Image Works Direct
MAY 17, 2023
Meet Alison Herbst, one of our Project Managers and Marketing Automation Specialists at image.works! She grew up in Wauwatosa, WI, and attended the University of Wisconsin – La Crosse, earning her degree in marketing with a minor in digital media and design, which she has skillfully applied at image.works.
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.
The Paypers
MAY 17, 2023
Singapore-based Tazapay has partnered with India-based payments and API banking company Cashfree Payments to enable cross-border payments for Indian exporters.
The Paypers
MAY 17, 2023
Kenya-based asset financing platform M-KOPA has received around USD 250 million in new funding to offer underbanked African customers access to assets with digital micropayments.
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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
The Paypers
MAY 17, 2023
UK-based Standard Chartered has announced its partnership with Worldpay to expand the market coverage of Straight2Bank Pay, the bank’s digital collection gateway.
The Paypers
MAY 17, 2023
US-based payment solutions and commerce enablement company Fortis has partnered with Sage to offer customers an improved ERP experience with integrated 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
The Paypers
MAY 17, 2023
Estonia-based identity verification provider Veriff has partnered with payout technology company MassPay to help it improve its identity verification systems.
The Paypers
MAY 17, 2023
Bank of America has announced the launch of its impact accelerator programme, Breakthrough Lab, for companies and enterprises from underrepresented regions.
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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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