Payments Dive

JANUARY 16, 2024

The card issuer is selling the business, which offers online fraud monitoring services to merchants, to the joint venture investment firm Accel-KKR.

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Fraud Cards Online 259

Perficient

JANUARY 16, 2024

This blog, the first in a series by Perficient’s Risk and Regulatory Center of Excellence (CoE), provides actionable measures your company can adopt to safeguard against senior-level embezzlement risks and maintain the integrity of your institution’s financial transactions. Background On October 19 th , 2023, the Office of the Comptroller of the Currency (OCC) published an article highlighting new enforcement actions and clarifying explicit rules regarding misconduct, particularly as it relates

Compliance 221

Compliance Guidelines Policies Risk Management 221

Payments Dive

JANUARY 16, 2024

Both tech giants will spend this year fighting off rivals hungry for a piece of their payments revenue.

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Google Apple Payments 243

South State Correspondent

JANUARY 16, 2024

There are many historical examples of some sophisticated and some less sophisticated entities imploding from the risk of derivatives. Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. Some bankers will soon hear about another example of banks using derivatives that, unfortunately, will lead to losses.

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Community Bank Community Compliance CA 195

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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

Groups

Payments Dive

JANUARY 16, 2024

Analysts have soured on PayPal’s prospects, at least for now, noting competition is encroaching on the payment pioneer’s turf as a new CEO tries to make gains.

Payments 243

Payments 243

Payments Dive

JANUARY 16, 2024

Here are three ways that B2B payments can be a source of growth.

Payments 221

Payments 221

CFPB Monitor

JANUARY 16, 2024

In remarks to the press and public on January 2, 2024, New York Governor Kathy Hochul announced “a sweeping consumer protection and affordability agenda”, including proposed actions to “strengthen consumer protections against unfair business practices” and “establish nation-leading regulations for the Buy Now Pay Later loan industry”. The Governor vowed to pursue “the first major expansion to New York consumer protection laws since 1980” to curb “predatory” business practices and “exploitative t

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New York National Regulation Examples 156

ATM Marketplace

JANUARY 16, 2024

Customers have the choice of using traditional banks, neobanks or both, but their choice is dependent on their needs and how well the bank can respond.

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American Banker

JANUARY 16, 2024

Payments fraud is the most expensive kind, at $450B; anti-financial-crime execs are the most worried about real-time payments, a survey from Nasdaq and Oliver Wyman found.

Fraud 88

Fraud Report Survey Payments 88

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.

Analysis

BankBazaar

JANUARY 16, 2024

Lights, camera, action! Welcome to the blockbuster world of financial planning, where your future takes centre stage and financial security is the ultimate hero. In this Bollywood-inspired script, we’ll weave together a tale of money, dreams and the importance of insuring your future. Get ready for a rollercoaster ride of emotions, drama and dance numbers – all while learning the essentials of financial planning!

Policies 78

Policies Security Meeting Management 78

American Banker

JANUARY 16, 2024

When the e-commerce giant designs and revises new store models like Just Walk Out, it faces a challenge: How do you train technology that requires real-world data that doesn't yet exist?

Retail 85

Retail Training Technology Data 85

CFPB Monitor

JANUARY 16, 2024

The U.S. Supreme Court has scheduled oral argument for Tuesday, February 20, 2024 in Corner Post, Inc. v Board of Governors of the Federal Reserve System. The question that the Supreme Court will decide is when a right of action first accrues for an Administrative Procedure Act (APA) Section 702 challenge to a final rule issued by a federal agency—when the final rule is issued or when the rule first causes injury.

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Regulation System 78

American Banker

JANUARY 16, 2024

In official comments on bank regulators' Basel III endgame capital proposal, concerns are being raised by a wide array of stakeholders — including civil rights advocates and consumer advocacy groups — suggesting major amendments or re-proposal may be necessary for the rule to cross the finish line.

Capital 81

Capital Regulation Groups Policies 81

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Lending

CFPB Monitor

JANUARY 16, 2024

This special podcast episode, hosted by Senior Counsel and former Consumer Financial Services Practice Leader Alan Kaplinsky, sets the stage for the upcoming oral argument in the two U.S. Supreme Court cases where the fate of Chevron deference hangs in the balance. This episode provides an essential roadmap for anyone who will listen to the oral argument or is following this critical challenge to this important doctrine.

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American Banker

JANUARY 16, 2024

The Wall Street giant did a lot of backtracking last year, abandoning its plans to become a bank for everyone. Now it's refocusing on growing its tried-and-true businesses of dealmaking and asset management.

Management 74

Management 74

BankInovation

JANUARY 16, 2024

PNC Financial plans to spend $425 million this year on its ongoing improvement plan, which funds business and technology investments. As the Pittsburgh-based bank looks to continue to improve operations, it is pulling back on spending in other areas, including headcount, Chief Financial Officer Robert Reilly said during today’s fourth-quarter earnings call.

Operations 72

Operations Technology Retail 72

American Banker

JANUARY 16, 2024

Two weeks after Ted Pick rose to CEO, the company slightly revised its long-term targets for efficiency, return on tangible common equity and other metrics. Yet, Pick says, "there's not a change in strategy" after the departure of his predecessor, James Gorman.

Course 72

Course Strategy Company Management 72

Advertiser: ZoomInfo

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

Capital

BankInovation

JANUARY 16, 2024

Investment banking behemoth Goldman Sachs ramped up technology investment while pulling back on retail banking operations during the fourth quarter. The $538 billion bank’s communication and tech spend increased 5% year over year to $503 million during Q4 while its annual tech spend increased 6% YoY to $1.9 billion, the bank said Jan.

Retail 72

Retail Operations Technology Apple 72

The Paypers

JANUARY 16, 2024

Plooto has launched a payment orchestration offering support to the complex workflows and security requirements of scaling businesses.

Payments 67

Payments Security 67

BankInovation

JANUARY 16, 2024

Technology leaders from PNC Financial Services will speak at Bank Automation Summit U.S. 2024 to discuss automation and creating a culture for AI. The speakers are Scott Kinross, senior vice president and software engineering director, and Anuj Shah, head of intelligent automation. Kinross will speak Monday, March 18, at 4 p.m.

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Software Technology 69

American Banker

JANUARY 16, 2024

The Pittsburgh-based regional bank reported a jump in soured commercial and consumer credits during the fourth quarter. Still, PNC executives said the company is appropriately reserved for a mild recession.

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Regional Report Company 66

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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.

Operations

Realwired Appraisal Management Blog

JANUARY 16, 2024

On my Indispensable Appraisers podcast, I spoke with Dr. Randy Flowers, the President of Operations at RSDS Appraisal Diversity. He just broke the 200th appraiser in his company in 55 cities. He’s graduated almost 45 trainees in the last year.

Training 52

Training Operations Company 52

American Banker

JANUARY 16, 2024

American Express has built platforms to help smaller brands quickly bring credit cards to market and for B2B software companies to embed virtual cards.

Strategy 56

Strategy Fintech Software Branding 56

The Paypers

JANUARY 16, 2024

UAE-based financial services enabler Paymob has announced that it secured the Central Bank of Oman ’s (CBO) Payment Service Provider (PSP) licence.

Security 45

Security Payments 45

American Banker

JANUARY 16, 2024

The Federal Reserve governor was one of two to vote against issuing the so-called Basel III endgame proposal. He says work is being done to address issues with the operational risk framework, but that regulators may need to go back to the drawing board for an adequate fix.

Capital 42

Capital Regulation Operations Policies 42

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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