Fri.Jan 24, 2025

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Discover Q4 payments volume drops

Payments Dive

The card company still reported a rise in revenue and a surge in net income, driven partially by an increase in interchange and other fees paid by merchants.

Payments 221
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Trends in commercial real estate (CRE) lending and risk

Abrigo

CRE origination, refinancing, and pricing challenges Experts from Trepp and Abrigo describe recent origination and delinquency trends in commercial real estate portfolios. They also share tips for managing risk and pricing. Key topics covered in this post: The big-picture view of CRE from Trepp Trepp bank consortium originations are 58% below pre-COVID averages Rising delinquency rates, especially in specific markets How to manage CRE risk and pricing Changes in the commercial real estate marke

Lending 195
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Amex posts 2024 records for payments volume, fees

Payments Dive

The credit card company’s revenue and net income surged last year as spending by cardholders and card customer additions reached new highs.

Cards 195
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It's time for a revolution in foreign exchange data processing

American Banker

FX professionals have long recognized that the most commonly used spreadsheet program struggles to keep up with an evolving marketplace. It's time to bring artificial intelligence into the mix.

Data 77
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Fall In Love With the Month-End Close

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.

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Entrust launches new AI-powered face biometric authentication tool

The Paypers

Entrust has launched an AI-powered identity verification as a new tool for its IDaaS platform, enabling facial biometric authentication by verifying users against their encrypted identity.

Tools 68

More Trending

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Nubank introduces 4% annual returns for USDC holders in Brazil

The Paypers

Brazil-based digital bank Nubank has decided to extend a feature that offers a 4% annual return on holdings of the stablecoin USD Coin (USDC).

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Associated sees greener pastures in 2025 after fourth-quarter loss

American Banker

The Green Bay, Wisconsin bank lost $164 million after selling $2 billion of loans and securities for a loss. Asset quality remains strong while the balance-sheet restructuring tees Associated up for a strong rebound this year, executives say.

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MoneyHash secures USD 5.2 million in Pre-A funding round

The Paypers

Egypt-based fintech company MoneyHash has obtained USD 5.2 million in a Pre-A funding round, with the company planning to leverage the funds to further expand its capabilities.

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Stearns Bank acquisition reflects shift in warehouse lending

American Banker

The acquisition adds mortgage warehouse lending to Minnesota's Stearns Bank, the latest to offer the service during a multiyear period that has seen several new entrants and exits.

Lending 36
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5 Ways You Can Win Faster with Gen AI in Sales

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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Karmen obtains EUR 9 million to support its revenue-based financing solutions

The Paypers

France-based startup Karmen has obtained a EUR 9 million funding round, with the company planning to leverage the capital to optimise its instant financing solutions.

Capital 36
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SouthState outpaces estimates, buoyed by NII and fees

American Banker

Just weeks after closing its purchase of Independent Bank Group, SouthState reported higher than expected earnings per share for the fourth quarter.

Groups 36
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Biance enters Uzbekistan's crypto-asset market

The Paypers

National Agency of Perspective Projects of the Republic of Uzbekistan (NAPP) has authorised Biance , a crypto industry player, to offer services in the country.

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First Citizens reels in profits as loans and deposits grow

American Banker

The Raleigh, North Carolina-based company reported a double-digit increase in net income for the fourth quarter and continues to see upside in its Silicon Valley Bank unit.

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The Role of Automation in Commercial Lending

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.

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UK-based Aslan secures USD 5 mln seed funding

The Paypers

UK-based financial wellbeing platform Aslan has successfully closed an oversubscribed USD 5 million seed funding round.

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SCOTUS lifts CTA injunction, though hurdles remain

American Banker

The Supreme Court nullified one of two nationwide injunctions on the Corporate Transparency Act, a law requiring corporations to disclose their beneficial owners. A separate injunction in another circuit remains in effect, however.

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Core Payment Solutions launches new POS system for businesses

The Paypers

Core Payment Solutions , a provider of merchant services, has launched a new point-of-sale (POS) system designed for restaurants and retail businesses.

System 36
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Congressional committees to investigate 'debanking' of crypto

American Banker

The Senate Banking Committee and House Oversight Committee will hold hearings next week on banks dropping customers, an issue that has gained currency from crypto enthusiasts in recent months.

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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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Zumo report highlights gaps in MiCA sustainability preparedness

The Paypers

Zumo has released a report examining how well crypto-asset service providers are prepared for MiCA, with a particular emphasis on sustainability requirements.

Report 36
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Mufarrige to lead FTC's Bureau of Consumer Protection

American Banker

Christopher Mufarrige is named acting director of the FTC's Bureau of Consumer Protection; TD Bank promotes Andrew Stewart, Nadir Johnes and Jo Jagadish; PayPal's John Kim is leaving the company; and more in this week's banking news roundup.

Company 28
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Fusion Bank enters commercial cooperation with WeBank

The Paypers

Fusion Bank has entered into a commercial cooperation agreement with WeBank Technology Services to leverage the latter's digital banking technology for its solutions.

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Best New Fintech Products & Trends of 2024

Fintech Labs Insights

Weve been obsessed with new fintech products since before the term was invented. This constantly updated article tracks the biggest and most important new products released worldwide by financial technology companies, along with banks, credit unions, investment advisors, insurance companies, credit card issuers and payment providers. Well also link to important demos, podcasts and YouTube videos.

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Outsource With Confidence for RDC Program Success

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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TBC Uzbekistan launches monthly subscription service Payme Plus

The Paypers

TBC Uzbekistan , a digital banking ecosystem in Central Asia and part of TBC Bank Group, has launched Payme Plus, a monthly subscription service that offers access to financial and lifestyle products.

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Rule blocking banks' custody of crypto is withdrawn

American Banker

Bankers applauded the news, which means that it's possible for crypto-custody efforts at depository institutions to scale.

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Sikoia Partners with Tandem Bank to streamline income verification

The Paypers

UK-based fintech company Sikoia has entered into a partnership with Tandem Bank to automate aspects of income verification and document management.

Fintech 36
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Trump order demands access to banking for crypto firms

American Banker

The executive order also calls for regulations to be written for the digital asset industry.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

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.