Perficient

OCTOBER 28, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility. The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks.

Regulation 221

Regulation Fraud Tools Compliance 221

Payments Dive

OCTOBER 28, 2024

Plaid CEO Zach Perret expects consumers to use pay-by-bank services for mortgage and utility payments, but is skeptical they will be used to pay at restaurants or for groceries anytime soon, he said.

Payments 300

Payments 300

TheGuardian

OCTOBER 28, 2024

Lender holds about £15bn in loans through Black Horse and could have to pay compensation for mis-selling Business live – latest updates Lloyds Banking Group has said it is assessing the potential impact of a landmark court ruling over car finance mis-selling on Friday, which may lead to lenders paying out billions of pounds in compensation to borrowers.

Groups 88

Groups Marketing 88

Payments Dive

OCTOBER 28, 2024

Consumer Financial Protection Bureau Director Rohit Chopra called out bank litigants that sued over the rule, saying he didn’t think they’d even read it.

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195

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Analysis

American Banker

OCTOBER 28, 2024

The next administration should bring in new, tech-savvy leaders at bank regulatory agencies and give them the ability to rethink oversight in a way that reflects the technological innovations transforming the banking industry.

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Regulation Innovation Industry Technology 77

ABA Community Banking

OCTOBER 28, 2024

As young people increasingly turn to unregulated, nonbank technology providers for their banking needs, innovation in the banking industry is not just an option — it is an imperative, outgoing ABA Chair Julieann Thurlow said. The post ABA’s Thurlow: Bank innovation needed to reach younger customers appeared first on ABA Banking Journal.

Innovation 64

Innovation Industry Technology Community Bank 64

American Banker

OCTOBER 28, 2024

The Honolulu-based seller, which plans a Nov. 6 shareholder vote on the deal, posted a third-quarter loss and reiterated its commitment to the Hope agreement. But an offer with a higher price from an investor group is also on the table.

Honolulu 69

Honolulu Hawaii Groups Community Bank 69

The Paypers

OCTOBER 28, 2024

India-based fintech unicorn Slice has announced the completion of its merger with North East Small Finance Bank , with the former entering the region’s banking sector.

Regional 67

Regional Fintech 67

American Banker

OCTOBER 28, 2024

Payment professionals expect physical cards to stick around for the foreseeable future, even as mobile wallets gain traction.

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Mobile Cards Payments Technology 71

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Lending

The Paypers

OCTOBER 28, 2024

Mastercard has expanded its US Installments program to offer consumers increased flexibility in payment choices through its Mastercard Installment Payment Services.

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Payments US 41

American Banker

OCTOBER 28, 2024

The longtime JPMorgan Chase CEO discussed the Basel III endgame capital rules, interchange fees and open banking during a fireside chat at the American Bankers Association's annual conference.

Regulation 45

Regulation Conference Capital Compliance 45

The Paypers

OCTOBER 28, 2024

Embedded Insurance solutions provider Open Insurance has partnered with CUPRA Australia to provide a fully integrated car insurance experience for the latter’s clients.

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36

American Banker

OCTOBER 28, 2024

At an American Bankers Association convention Monday, Rep. Claudia Tenney highlighted the need for transparency in the regulatory disparities between banks and credit unions.

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36

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The Paypers

OCTOBER 28, 2024

Erste Group has partnered with Neterium to implement the latter’s transaction screening solution across the former’s services in Central and Eastern Europe.

Groups 36

Groups System 36

American Banker

OCTOBER 28, 2024

The only major U.S. lender with a significant presence in Lebanon, Citigroup has moved a handful of its staff there to Turkey, according to a person familiar with the matter.

Industry 36

Industry 36

The Paypers

OCTOBER 28, 2024

Europe-based cybertech Filigran has announced that it secured USD 35 million in a Series B funding round, with the company planning to further expand its footprint.

Security 36

Security Company 36

American Banker

OCTOBER 28, 2024

Gorman is stepping down as the bank's chairman at the end of the year. Here's a look at how he rebuilt Morgan Stanley with a focus on wealth management.

Management 36

Management 36

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Cards

The Paypers

OCTOBER 28, 2024

UK-based Lloyds has announced that its customers can now request money from friends and family leveraging the new Link pay capability in the mobile banking app.

Mobile 36

Mobile 36

American Banker

OCTOBER 28, 2024

Positive feedback from participants in existing programs led to the decision to expand them in order to assist more lenders.

Policies 36

Policies 36

The Paypers

OCTOBER 28, 2024

FV Bank , in collaboration with Visa , has launched new debit and corporate expense cards for US and international customers to offer financial flexibility.

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Cards US 36

American Banker

OCTOBER 28, 2024

The Most Powerful Women to Watch honoree talks about what it means to lead, what's changed since she started on Wall Street, and why customers choose regional banks, in conversation with American Banker Editor-in-Chief Chana Schoenberger.

Regional 28

Regional Leadership Technology 28

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Report

The Paypers

OCTOBER 28, 2024

Skipify has partnered with Mastercard to enhance payment flexibility for US consumers by integrating instalment options directly into the checkout process.

Payments 36

Payments US 36

American Banker

OCTOBER 28, 2024

Shareholder Chrysalis Investments increased the value of its stake to £120.6 million.

Fintech 36

Fintech 36

The Paypers

OCTOBER 28, 2024

Bankrupt cryptocurrency exchange FTX has reached a settlement to withdraw its lawsuit against Bybit, its executives, and the investment firm Mirana.

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cryptocurrency 36

The Financial Brand

OCTOBER 28, 2024

This article How This Community Bank Tripled Loan Volume Using Smart Automation appeared first on The Financial Brand. D.L. Evans Bank’s journey from manual loan processing to instant decisioning highlights how community banks can modernize lending while maintaining strong risk controls. This article How This Community Bank Tripled Loan Volume Using Smart Automation appeared first on The Financial Brand.

Community Bank 27

Community Bank Community Branding Lending 27

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