Goldman optimistic about AI financing
BankInovation
JULY 15, 2024
Goldman Sachs is recognizing opportunities for AI-related financing activities as companies continue to adopt the technology.
BankInovation
JULY 15, 2024
Goldman Sachs is recognizing opportunities for AI-related financing activities as companies continue to adopt the technology.
Payments Dive
JULY 15, 2024
The bank’s latest platform update is designed to better address transaction-related inquiries — one of the top reasons business customers call and email for help.
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South State Correspondent
JULY 15, 2024
We conducted a loan performance analysis for over 5,000 individual hedged commercial loans originated by almost 400 community and regional banks across the country. We measured prepayment speeds, loan size, loan term, fee income, loan yield, credit performance, and return on equity (ROE) of hedged loans and compared this performance to community bank industry averages.
Payments Dive
JULY 15, 2024
With summer vacation season in full swing, the card network suggested ways that its card clients can better protect themselves against the latest fraud threats.
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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.
Cisco
JULY 15, 2024
Cisco plays a pivotal role in the evolution and implementation of the PCI DSS 4.0.1 standards, offering a suite of compliant products and advisory expertise to assist customers in navigating the significant security updates and phased rollout through March 2025.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
TheGuardian
JULY 15, 2024
Wall Street firm says it spent $4.2bn on compensation and benefits for its 45,300 staff in the three months to June Goldman Sachs has increased banker pay including bonuses by 17% after profits more than doubled in the second quarter, following a rebound in dealmaking. The Wall Street firm said it spent $4.2bn (£3.2bn) on compensation and benefits for its 45,300 staff in the three months to June, up almost a fifth from the same period last year.
American Banker
JULY 15, 2024
In recent surveys conducted by Javelin Strategy & Research and Insider Intelligence, consumers gave the bank's app high marks. Many small-seeming improvements explain the ascent.
The Paypers
JULY 15, 2024
UK-based digital payment platform Wirex has announced the expansion of its partnership with Visa , aiming to increase the use of digital currencies in the UK and the EEA.
American Banker
JULY 15, 2024
In this edition of American Banker's news quiz, catch yourself up on the latest news surrounding Project 2025, Patelco Credit Union's cybersecurity breach, fines against Citigroup and Fifth Third and more.
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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.
The Paypers
JULY 15, 2024
Japan-based SoftBank has announced the acquisition of Graphcore , a UK-based artificial intelligence (AI) chipmaker, with the deal receiving full regulatory approval.
American Banker
JULY 15, 2024
The government-backed instant processing network has been live only since the summer of 2023, but it's already indirectly boosting usage at an unrelated bank-led rail from The Clearing House.
The Paypers
JULY 15, 2024
US-based digital payments fintech Alacriti has integrated Orbipay money movement services into Lumin Digital ’s platform to offer instant A2A transfers and digital loan payments.
Realwired Appraisal Management Blog
JULY 15, 2024
Enjoy this guest blog by Andrew Bailey, REM, CSRP, President of ECA Risk Management. Our industry has long been aware that environmental risk can have a substantial impact on determining the appraised values of real estate. It’s essential for banks, investors, property owners, and, yes, regulators, to understand these impacts.
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Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w
BankInovation
JULY 15, 2024
BNY is unifying products and solutions on its platform to ensure its investment capabilities are readily available to clients in one place.
American Banker
JULY 15, 2024
The basics of good banking — a strong balance sheet, customer service and solid risk analysis — will always be important. But in the future, technological competence will be the difference between the sector's winners and losers.
The Paypers
JULY 15, 2024
BNP Paribas has announced its partnership with Ant International in order to further promote cross-border payment solutions for customers in Europe.
American Banker
JULY 15, 2024
Goldman's two main businesses — global banking and markets, and asset and wealth management — both recorded year-over-year increases in revenues during the second quarter. "We are pleased with our solid second quarter results," CEO David Solomon said Monday in a press release.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
A good, fast, clean audit leads to a happy work life. Join us in this one-hour webinar, where we share the best ways to prepare and conduct your audit process to maximize audit satisfaction and minimize administrative time in month-end close and financial reporting. Learning objectives: This course objective is to review leading practices to maximize audit success.
The Paypers
JULY 15, 2024
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have announced that banks in the region plan to better protect customers against phishing.
American Banker
JULY 15, 2024
The Consumer Financial Protection Bureau's proposal to eliminate medical debts from credit reports is under attack from debt collectors, which claim the rule will drive up litigation costs and drive doctors out of business.
The Paypers
JULY 15, 2024
Private equity firm Genstar has been planning on acquiring a significant stake in AffiniPay , a US-based payment service provider, in a deal possibly valuing the latter at USD 3 billion.
American Banker
JULY 15, 2024
The Federal Reserve chairman has two years left in his term, which he will serve regardless of who occupies the White House. Powell's term on the Fed Board of Governors expires in 2028.
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Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se
The Paypers
JULY 15, 2024
The European Supervisory Authorities , including EBA, EIPA, and ESMA, have published a consultation paper on Guidelines under Markets in Crypto-Assets Regulation (MiCAR).
The Financial Brand
JULY 15, 2024
This article Supreme Court Rulings May Shake Up Banking Entry Decisions in Fintechs’ Favor appeared first on The Financial Brand. Analysis: Four decisions, taken together, may help fintechs and other nontraditional applicants seeking entry into the banking system. This article Supreme Court Rulings May Shake Up Banking Entry Decisions in Fintechs’ Favor appeared first on The Financial Brand.
The Paypers
JULY 15, 2024
Crypto exchange Coinbase has rolled out a new Wallet web application to offer users a unified platform for managing their entire on-chain digital assets portfolio.
The Financial Brand
JULY 15, 2024
This article Are You Ready for the Historic Deposit Term Tsunami? appeared first on The Financial Brand. Trillions in bank and credit union CDs are coming to term soon. Here are simple and effective marketing methods to influence the deposit negotiation typhoon on banking's doorstep. This article Are You Ready for the Historic Deposit Term Tsunami? appeared first on The Financial Brand.
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Discover the key benefits of portfolio loans and learn how to streamline your lending process with our infographic, "5 Things Lenders Need to Know About Portfolio Loans & Their Documentation." Find out how portfolio loans can maximize borrower potential by consolidating multiple properties under a single loan, reducing paperwork, and lowering closing costs.
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