Fri.Jan 31, 2025

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Combating 3 ATM security threats in 2025

ATM Marketplace

Here are three ATM security challenges on the horizon in 2025 and how to prepare for them.

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PayPal, Amex and Wells Fargo shake up leadership

Payments Dive

PayPal and American Express both said executives are leaving the company and Wells Fargo said a long-time payments executive is being replaced.

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Crypto scams & crypto fraud detection for financial institutions

Abrigo

Protect banking clients by knowing crypto trends and red flags The turbulent cryptocurrency scene should put bankers on high alert. The FTC's top ten scams to watch for can help. You might also like this whitepaper, "Understanding cryptocurrency." DOWNLOAD WHITEPAPER Growing popularity What is driving the rise in crypto fraud? Takeaway 1 Crypto fraud is the newest and most favored field in potential financial gains for bad actors.

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What’s coming for the payments industry in 2025

Payments Dive

Regulatory change and artificial intelligence are widely expected to drive challenges and opportunities across the landscape this year.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Wells Fargo's co-CEO of corporate and investment banking steps down

American Banker

Jon Weiss, Wells Fargo's co-CEO of corporate and investment banking resigned from his position with plans to retire; A new CFPB report says military service members paid more for auto loans and add-on products; City National Bank's Kelly Coffee is leaving the bank after her 2023 demotion; and more in this week's banking news roundup.

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Bankers, when it comes to AI, don't buy into the productivity illusion

American Banker

AI isn't inherently good or bad; its value depends entirely on how it's used. For financial institutions, this means shifting the focus from internal productivity gains to customer outcomes.

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UBS and Microsoft Azure to offer AI-driven insights to Client Advisors

The Paypers

Switzerland-based bank UBS has selected Microsoft Azure AI to improve content access and provide real-time information to Client Advisors.

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Community banks make top executive changes in January

American Banker

Small lenders across the country filled leadership positions, including The Peoples Savings Bank in Ohio, which promoted from within to name its first woman CEO.

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Viral crimes, crypto scams to spike in 2025 according to Experian

The Paypers

UK-based fintech that leverages data to create new opportunities for customers, Experian , has recently announced its annual Future and Fraud Forecast.

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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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LA wildfires put climate, risk management in focus for banks

American Banker

Catastrophic weather events illustrate the risks and opportunities for banks.

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BIS publishes an IFR on AI model weights and IC in the EAR

The Paypers

BIS has published an IFR that introduces new export controls on AI model weights and advanced computing IC in the Export Administration Regulations.

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Fintech Cushion shuts down, cites scaling challenges

American Banker

The company's software automatically monitored and negotiated bank fees on customers' behalf, with recent expansions into buy now/pay later bill management.

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Wise enters the Mexican market with international money transfer solutions

The Paypers

Global technology company Wise has entered the Mexican market, providing customised money transfer solutions to individuals in the region.

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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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Wells Fargo lifts CEO Scharf's pay to $31.2M

American Banker

The big payday comes after a year in which the bank made progress toward the removal of a federally imposed asset cap.

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Businesses burdened by financial crime regulations, report says

The Paypers

SmartSearch has examined how businesses are responding to increasing compliance challenges amid evolving financial crime threats.

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Citizens' longtime exec, Beth Johnson, to retire in March

American Banker

The Providence, Rhode Island-based regional bank plans to create a new senior executive role that will focus on corporate strategy, rather than directly replace Johnson as chief experience officer.

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Euroclear and Microsoft partner to transform financial markets

The Paypers

Euroclear has entered into a seven-year strategic partnership with Microsoft to improve its client experience and drive innovation within the financial markets ecosystem.

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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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Fed's Bowman warns against policies that lead to debanking

American Banker

In a Friday speech, Federal Reserve Board member Michelle Bowman said regulation and supervision should be aimed at expanding banking access, not limiting it.

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UK fintech Runa expands to India

The Paypers

UK-based payout solution provider Runa has officially entered the Indian market to provide cross-border and domestic transactions.

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Crypto.com to delist Tether, PayPal stablecoins due to EU regs

American Banker

The cryptocurrency exchange made the move to follow the Markets in Crypto-Assets Regulation, which tightens rules for digital assets in the European Union.

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Travel Ledger integrates Revolut Business API to improve TL Pay B2B payment solutions

The Paypers

Travel Ledger has announced its integration with Revolut in order to provide its customers and businesses with secure and efficient B2B payment solutions.

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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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Ex-Barclays CEO gears up for explosive trial over City regulator’s allegations on Jeffrey Epstein ties

TheGuardian

Court papers seen by the Guardian mean Jes Staleys appeal against FCA ruling will demand answers on links to sex offender The former chief executive of Barclays, Jes Staley, is gearing up for an explosive trial next month, that will force him to address evidence suggesting he hid the depth of his relationship with Jeffrey Epstein, the sex offender he referred to as family.

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ID.me secures USD 275 mln financing

The Paypers

US-based digital identity wallet ID.me has secured a USD 275 million credit facility, alongside a significant planned equity investment.

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Bank groups urge Bessent to tap Bowman for Fed vice chair

American Banker

State banking associations across the country said that Michelle Bowman should be the Federal Reserve vice chair for supervision, not least because she already sits on the Fed board and could start immediately.

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Danske Bank plans to implement BackRock's Aladdin Wealth platform

The Paypers

Denmark-based Danske Bank has announced its plans to implement BlackRock ’s Aladdin Wealth platform, enabling its customers to benefit from an optimised investment and risk management technology.

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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.