TheGuardian

AUGUST 12, 2024

Median pay for a FTSE 100 boss rose to £4.19m in 2023, 120 times that of the average full-time worker FTSE 100 chief executive pay reaches highest level on record The bosses of Britain’s blue-chip companies are raking it in, having seen their pay rise to the highest level on record last year, according to figures released by the High Pay Centre. The data shows that median pay for a FTSE 100 chief executive increased from £4.1m in 2022 to £4.19m in 2023.

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Payments Dive

AUGUST 12, 2024

Employers are responding quickly to the Consumer Financial Protection Bureau’s rule noting earned wage access services may constitute lending, says a Chime executive.

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Lending 320

ATM Marketplace

AUGUST 12, 2024

Professor Steven King shares a preview of his upcoming keynote at the ICX Summit in Charlotte on the future of retail. ICX Summit will be hosted by Networld Media Group from September 9-11.

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Payments Dive

AUGUST 12, 2024

The card payments service provider for merchants said it will now be known as North as part of an effort to evolve and appeal to businesses of all sizes.

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Cards Payments 195

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BankInovation

AUGUST 12, 2024

Banks are modernizing and digitalizing their platforms and offerings as users demand more online and mobile banking experiences. According to Bank Automation News’ proprietary Transactions Dashboard, banks have consistently invested in digital banking solutions since the start of the year.

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Digital Banking Mobile Online Data 121

American Banker

AUGUST 12, 2024

Westpac, Capital One and JPMorgan Chase are offering savings accounts and debit cards to children below 10, using financial literacy to get an edge in building consumer relationships.

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BankInovation

AUGUST 12, 2024

The banking relationship has expanded outside of the walls of a branch and now the user experience is often formed through digital channels, including mobile apps.

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User Experience Customer Experience Mobile Fintech 72

American Banker

AUGUST 12, 2024

The proposed startup in Columbus, Ohio, would be the third U.S. bank specifically formed to be women-owned, according to its organizers. Supporters say it's another win toward obtaining gender-equitable capital access.

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BankInovation

AUGUST 12, 2024

Bank of Nova Scotia agreed to buy a minority stake in KeyCorp, which was among the US regional banks hit hardest in last year’s tumult, for about $2.8 billion as part of a focus on North America. Scotiabank will acquire 14.9% of Cleveland-based KeyCorp by buying shares at $17.

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Advertiser: ZoomInfo

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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American Banker

AUGUST 12, 2024

The bank partnered with fintech PopID for biometric payments at fast-food retailer Whataburger, but widespread adoption from consumers and merchants could be an uphill battle.

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Payments Retail Fintech Technology 62

The Paypers

AUGUST 12, 2024

Thailand has announced its strategy of launching a new regulatory sandbox in order to securely and efficiently test crypto services and tools.

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Tools Strategy Security 62

American Banker

AUGUST 12, 2024

Congress publicly excoriated the supervisors and CEOs of last year's trifecta of megabank failures. But, what about the directors who were supposedly overseeing those CEOs? The entire chain of bank oversight needs to be rethought from congressional hearing rooms to banking board rooms.

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Risk Management Management Policies Compliance 60

The Paypers

AUGUST 12, 2024

Payment orchestration platform Yuno has entered into a partnership with Nequi to make the financial services industry more inclusive for individuals in Colombia.

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Industry Payments 45

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Automation is changing the game for commercial lenders, offering a clear path to competitive advantage in 2025. Rising costs, outdated workflows, and manual data entry slow growth and impact borrower satisfaction. Automation addresses these challenges, reducing costs, speeding up loan cycles, improving accuracy, and elevating borrower experiences. With market uncertainty easing, now is the time to act—waiting until loan volumes rebound leaves lenders unprepared and struggling to compete.

Lending

American Banker

AUGUST 12, 2024

Minneapolis-based buy now/pay later fintech Sezzle has partnered with the Minnesota Timberwolves of the National Basketball Association to have its brand represented on uniforms until 2027.

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The Paypers

AUGUST 12, 2024

US-based payment provider Nium has announced the expansion of its operations in Latin America, with the firm currently applying for licences, and joining fintech associations, among others.

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America Fintech US Operations 41

American Banker

AUGUST 12, 2024

Automatic updates and data encryption have their advantages. As many CrowdStrike customers learned on July 19, they also have disadvantages.

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The Paypers

AUGUST 12, 2024

AEON Bank , a subsidiary of AEON Financial Service, has announced the launch of a new supply chain finance service in order to meet the financing needs of customers.

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Meeting 41

Advertiser: ZoomInfo

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The Financial Brand

AUGUST 12, 2024

This article For Younger Consumers, Payments IS Banking. Why That’s Trouble for Traditional Institutions appeared first on The Financial Brand. Digital payments are reshaping finance for good. Marqeta's 2024 report reveals consumer trends, from contactless adoption to P2P popularity. What's next? This article For Younger Consumers, Payments IS Banking.

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Payments Trends Branding Report 37

The Paypers

AUGUST 12, 2024

Telr has announced its partnership with Mastercard in order to introduce its digital checkout solution, Click to Pay, across its network of merchants in the UAE.

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The Financial Brand

AUGUST 12, 2024

This article The Key to Modernizing Payment Solutions for Small Businesses appeared first on The Financial Brand. Transcard's Jeff Horowitz on how third-party providers are helping financial institutions address the unique payment needs of small businesses. This article The Key to Modernizing Payment Solutions for Small Businesses appeared first on The Financial Brand.

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Payments Branding FDIC Trends 32

The Paypers

AUGUST 12, 2024

Hong Kong officials have announced their plans to further improve digital asset regulation in the region in the upcoming 18 months by developing a comprehensive regulatory framework.

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Remote Deposit Capture (RDC) clients are more likely to use additional treasury services and maintain larger deposits. However, poor customer experiences—particularly if they delay deposits—can compel RDC clients to take their business elsewhere. This eBook makes the case for outsourcing RDC operations to a proven managed services partner. This approach helps Treasury Departments with limited resources provide excellent client experiences that result in higher retention and productivity rates.

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American Banker

AUGUST 12, 2024

A judge postponed by 11 days to Aug. 19 the scheduled sentencing date for Shan Hanes, the ex-CEO of Heartland Tri-State Bank who admitted to embezzling $47 million from the lender, leading to its downfall.

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Kansas Community Bank Industry Community 31

The Paypers

AUGUST 12, 2024

Real-time clearing and embedded banking provider ClearBank has secured a Dutch banking licence and expanded its presence in the region of Europe.

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Security Regional 41

American Banker

AUGUST 12, 2024

Nadine Ahn was terminated on April 5 along with fellow exec Ken Mason after the bank received an anonymous tip that the two were romantically involved. Both deny it and are suing the bank for millions.

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Industry 28

The Paypers

AUGUST 12, 2024

Chinese tech company Tencent has cashed in its stake in the British challenger bank Tide , as part of a retreat strategy from international investments and fundings.

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Advertiser: ZoomInfo

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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