Thu.Dec 05, 2024

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The future of ATM software in 2025

ATM Marketplace

A webinar hosted by ATM Marketplace and sponsored by KAL examined some of the key findings of the 17th annual 2024/2025 ATM Software Trends Report.

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PayPal targets higher Braintree pricing

Payments Dive

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Cash Infusion for Candescent and Lumin: Now What?

Gonzobanker

Will new infusions in the digital banking space translate to real innovation? This year has delivered many that wasnt on our digital 2024 bingo card moments for our industry. Two deals that were very much needed in the market were Candescents (the artist formally known as NCR Voyix) acquisition by Veritas Capital in September for $2.45 billion in cash (plus up to $100 million in contingent considerations) and Lumin Digitals growth equity raise of $160 million led by Light Street Capital, NewView

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The bank regulatory items that are open for public comment

American Banker

These regulatory announcements in the banking industry are currently open to public comment.

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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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The Digital Banking Market Is Lit With Lumin and Candescent: So What?

Gonzobanker

Will new infusions in the digital banking space translate to real innovation? This year has delivered many “that wasn’t on our digital 2024 bingo card” moments for the team at Cornerstone Advisors. Two deals that especially took us by surprise were Candescent’s (the artist formally known as NCR Voyix) acquisition by Veritas Capital in September for $2.45 billion in cash (plus up to $100 million in contingent considerations) and Lumin Digital’s growth equity raise of $160 million led by Light Str

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BMO reports surge in provisions, higher earnings

American Banker

The Toronto-based bank's provisions for credit losses totaled CA$1.5 billion during its fiscal fourth quarter, more than three times what it set aside in the same quarter last year.

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Premier Bank and Mastercard launch Shari'ah-compliant cards in Kenya

The Paypers

Premier Bank , a Kenya-based Islamic financial institution, has partnered with Mastercard to introduce a range of Shari'ah-compliant debit, credit, and prepaid cards.

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Stable gilts and stable prices: assessing the Bank of England’s response to the LDI crisis

BankUnderground

Nicolò Bandera and Jacob Stevens How should the central bank conduct asset purchases to restore market functioning without causing higher inflation? The Bank of England was faced with this question during the 2022 gilt crisis, when it undertook gilt purchases on financial stability grounds while inflation was above 10%. These financial stability asset purchases could have counteracted the monetary policy stance by easing financial conditions at a time when monetary policy was tightening them.

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How U.S. Bank's travel plans feed its payments business

American Banker

A collaboration with Booking.com is designed to encourage consumers to use the bank to manage airline tickets and hotels, a lucrative market that's drawing attention across the financial services industry.

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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 A-Player Playbook: Attract the Best [VIDEO]

The Emmerich Group

Have you ever noticed it’s a whole lot easier to get top performance from somebody who has more capabilities to be a top performer? So here’s the challenge that I’ve been noticing recently for a lot of the banks that we’ve helped take to the top five percent of performers. Once they get there, they have a new problem that is mere mortals no longer fit into this organization because everybody else understands it, gets it, is moving fast, communicating properly about the ri

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WPS Advisory partners with Moneyhub to launch financial advice app

The Paypers

WPS Advisory has announced its partnership with Moneyhub to launch an app that will make financial advice accessible and cost-effective for customers and employees.

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Tariffs spell end to rate cuts

American Banker

Economic forecasts include the possibility of higher inflation and slower growth that could stall future cuts to the federal fund rates.

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Affirm expands its merchant network for peak holiday shopping season

The Paypers

Affirm , a payment network that supports consumer purchases and merchant growth, has announced the launch of new merchant partners just ahead of the peak of the holiday shopping season.

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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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HSBC names latest US leader as new CEO makes his mark

American Banker

Lisa McGeough will be heading the global bank's U.S. operations. It's just the latest change at HSBC since Georges Elhedery took the reins in September.

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Revolut launches eSIMs in Singapore

The Paypers

Revolut has launched eSIMs in Singapore, aiming to offer customers a secure and efficient way to avoid unexpected data roaming charges while traveling in the region.

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Associated expects asset sale to boost its profitability in 2025

American Banker

The Green Bay, Wisconsin-based bank will record a fourth-quarter loss after agreeing to sell $3 billion of low-yield loans and mortgages. The moves leave the bank well-positioned for 2025, CEO Andy Harmening said.

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FV Bank integrates USDT stablecoin

The Paypers

FV Bank , a licensed US digital bank offering traditional and digital asset banking services, has introduced support for direct USDT stablecoin deposits.

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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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TD steadies the ship in start of new era

American Banker

The Toronto-based bank missed analyst expectations in its first quarterly results since it pleaded guilty to historic money-laundering-related crimes.

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Gatehouse Bank and ColCap offer Shariah-compliant home finance solutions

The Paypers

UK-based Gatehouse Bank has partnered with ColCap UK, a non-bank specialising in residential home finance, to originate over GBP 550 million worth of Shariah-compliant home finance over an initial period of two years.

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New CEO sets path for Carver amid proxy clash

American Banker

Donald Felix, who spent a quarter century at some of the nation's largest banks, took the helm at Carver Bancorp last month. Felix is devising a plan to return the 76-year-old Black-managed company to profitability.

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JustGiving becomes Gr4vy's new client

The Paypers

Cloud-native payment infrastructure provider Gr4vy has introduced Gr4vy Pulse and welcomed JustGiving as its latest client.

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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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CFPB disburses $1.8 billion to victims of credit-repair scheme

American Banker

The Consumer Financial Protection Bureau is giving the funds to more than 4.3 million consumers harmed by a defunct credit-repair conglomerate, the largest-ever distribution from the bureau's victim-relief fund.

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Snowdrop Solutions partners with BigPay to optimise banking experience in Thailand

The Paypers

Snowdrop Solutions has announced the expansion of its partnership with BigPay in order to improve the banking customer experience in Thailand.

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Great Southern loan officers use gen AI to 'chat' with data

American Banker

A bot from nCino lets people in the commercial lending department quickly find information in loan documents and in policy manuals that are hundreds of pages long.

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Starpay partners with OceanBase to support database efficiency

The Paypers

Starpay , a financial technology firm in the Philippines, has announced a collaboration with OceanBase to upgrade its Relational Database Services (RDS).

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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.