Mon.Apr 07, 2025

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The case for consolidating the Home Loan banks is strong

American Banker

Shrinking the Federal Home Loan Bank System from 11 banks to eight would save members money, improve efficiency and generate more money for affordable housing.

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Stripe seeks Georgia special banking charter

Payments Dive

If approved, the charter would give Stripe the ability to process credit card transactions without a bank partner.

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Banks and Strategic Bets

Jeff For Banks

Be a goldfish. Or a zebra. In this latest Jeff4Banks.com video blog, I explore strategic bets, a term not embraced by bankers, likely because of the "bets" and the implication that it is gambling. So often we hear bankers object to making what could be franchise transforming "bets" because they are not goldfish. They take a failed bet some time ago in the past and use it as the reason to kill all future bets.

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US businesses cling to paper checks

Payments Dive

Large and small businesses alike are still using the 20th-century form of payment extensively, even as the federal government presses ahead with digital alternatives.

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Commercial Lenders, Playing It Safe Is the Real Risk

Why Legacy Lending Workflows Are Costing You More Than You Think Legacy systems and manual workflows might feel familiar, but they come with growing risks—compliance gaps, costly delays, and lost opportunities. This guide breaks down why clinging to traditional processes is no longer sustainable and how automation can help lenders regain control, improve efficiency, and reduce risk across the closing process.

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Four of Jamie Dimon's biggest concerns, per his letter

American Banker

JPMorgan Chase's CEO emphasized his concerns about geopolitical conflict and brought up recent culture shifts at the bank in his annual letter to shareholders.

More Trending

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Bloomberg launches AI-based document search for Wall Street

American Banker

Market data providers like Bloomberg and FactSet use generative AI to boost productivity for their users.

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UK Government pushed to create National Anti-Fraud Centre

The Paypers

Innovate Finance , a UK industry body, has unveiled a blueprint to optimise the region's approach to managing fraud, with the company urging the Government to prioritise the establishment of a National Anti-Fraud Centre.

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Cyber agencies warn of fast flux threat tactics

American Banker

A joint advisory from the U.S. and allies warns that fast flux is enabling threat actors to hide malware and control compromised devices undetected.

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Nubank launches the Worker's Credit, a private payroll loan

The Paypers

Digital financial services platform Nubank has announced Worker’s Credit, a private payroll loan for workers with a formal contract under the Consolidação das Leis do Trabalho (CLT) in Brazil.

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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CRA rollback leaves banks with certain, if imperfect, status quo

American Banker

Federal regulators' plan to rescind reforms to the anti-redlining Community Reinvestment Act implementation rules disappoints community advocates, but gives banks clarity by reverting to longstanding CRA rules.

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Ripple adds RLUSD to payments platform as usage grows

The Paypers

Ripple has integrated its USD-backed stablecoin, RLUSD, into Ripple Payments, its cross-border payments platform.

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McGeough on becoming HSBC's US CEO: 'It wasn't an accident'

American Banker

McGeogh started in fixed income sales at Salomon Brothers and has led groups in leveraged finance, international securities and global banking. Now, she will lead HSBC's expansion of all businesses in the region.

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Kraken expands crypto custody services to UK and Australia

The Paypers

Kraken Institutional has extended its crypto custody offering to institutional clients in the UK and Australia, marking its first international expansion since launching the service.

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Jamie Dimon: Tariff policy issues must be resolved quickly

American Banker

"The quicker this issue is resolved, the better because some of the negative effects increase cumulatively over time and would be hard to reverse," the JPMorgan Chase & Co. CEO wrote in his annual letter to shareholders.

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Juspay raises USD 60 million in Series D round

The Paypers

Payments infrastructure provider Juspay has secured USD 60 million in a Series D funding round, comprising both primary and secondary investments.

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BOE's Bailey nominated to lead Financial Stability Board

American Banker

The Bank of England governor won unanimous backing to succeed Klaas Knot as chair. The appointment will be formalized in June.

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Spire launches no-integration pay-by-bank platform

The Paypers

Spire has launched Pay with Spire, a pay-by-bank platform that utilises the Discover Network to deliver a merchant-branded ACH payment solution at the POS with no integration required.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Tariffs pose 'COVID-type' harm for small-business payments

American Banker

The sector includes construction companies and others that rely on materials from outside the U.S., which could challenge lending based on future payment flows.

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Brazil to add instalment option to Pix in September

The Paypers

Brazil’s central bank has confirmed that users of its instant payments platform, Pix , will gain access to a new feature enabling transactions to be paid in instalments.

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Trump tariffs risk higher prices and make US recession more likely, says JP Morgan boss

TheGuardian

Jamie Dimon believes effect of policy may be hard to reverse if maintained for too long European markets slump Business live latest updates The JP Morgan chief executive, Jamie Dimon, has warned that it may be hard to reverse the effect of Donald Trumps tariffs, which he said would drive prices higher and make a US recession more likely. The boss of the US bank said in his annual letter to investors that while there were some legitimate reasons for the number of new taxes applied to goods impor

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Fuse raises USD 6.6 million for optimised cross-border payments in MENA

The Paypers

Fuse has announced the raise of USD 6.6 million in a new funding round, in order to power infrastructure for real-time cross-border payments in MENA.

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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

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CFPB is back to doing enforcement again. sort of

American Banker

The Consumer Financial Protection Bureau has chosen to prosecute only a handful of cases as the Trump administration drops other investigations, claiming enforcement is not mandated by the Dodd-Frank Act.

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Block scales its mobile platform into banking in the US

The Paypers

Fintech company Block has announced its plans to provide its Cash App solution as a banking option for US consumers.

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What Trump's tariffs mean for banks

American Banker

From reduced demand for auto loans to a slowdown in mergers and acquisitions, here's some of the new trade war's potential fallout for lenders.

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Flutterwave expands remittance services with Ghana launch

The Paypers

Flutterwave has rolled out the Send App in Ghana, enabling individuals and businesses to receive international remittances directly into local bank accounts.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.