Tue.Feb 04, 2025

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A Guide to Working with the Best Commercial Lenders or Correspondent Lenders

Commercial Lending USA

Best commercial lenders! Learn about loan eligibility, application, and terms. Get expert help from Commercial Lending USA immediately.

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Gamers support CFPB video game payments rule

Payments Dive

Video game players and their parents submitted comments to the Consumer Financial Protection Bureau saying they overspent, or lost their accounts to hackers.

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What Does and Gen AI Strategy Look Like for a Community Bank?

South State Correspondent

Many banks are doing an excellent job at embracing generative AI (Gen AI). However, not all have a specific Gen AI strategy, and they should make their journey more efficient. A quality Gen AI strategy aligns an organizations objectives, its use cases, and the delivery mechanism and metrics that measure business value. In this article, we highlight some Gen AI strategy insights for community banks and provide tools to help bankers advance their programs.

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Late financier Evelyn de Rothschild accused of abuse during banking career

TheGuardian

Exclusive: Several women claim City grandee exploited his position to harass or sexually assault them in the 1990s One of the worlds most celebrated financiers, Sir Evelyn de Rothschild, has been accused of exploiting his position at the storied bank to abuse women who worked with him. The claims against Sir Evelyn, two years after his death, come from several women who said they felt unable to raise their concerns while he was still alive, because of his position within the bank and the British

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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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We need to imagine a future of collaborative bank-fintech partnerships

American Banker

Long-term partnerships between banks and fintechs are the real future of financial services. Pharmaceutical firms' relationships with contract research organizations offer a useful model.

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More Trending

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Sanders, Hawley draft bill to cap credit card interest at 10%

American Banker

The senators introduced legislation that would limit the interest rate card issuers are able to charge holders for the next five years.

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Citigroup commits to hybrid working, bucking Wall Street trend

TheGuardian

Managers told letting most staff continue to work up to two days a week at home will give bank competitive advantage The boss of Citigroup has told executives that most staff will continue to be able to work remotely two days a week, a decision that sets it apart from other Wall Street banks. Most of Citis employees work on a hybrid schedule, spending at least three days a week in the office and up to two days working remotely.

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Wells Fargo freed from a pair of 13-year-old consent orders

American Banker

The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.

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Plumas to buy Cornerstone Community in California

ABA Community Banking

Plumas Bancorp in Reno, Nevada, has agreed to buy Cornerstone Community Bancorp in Red Bluff, California. The post Plumas to buy Cornerstone Community in California appeared first on ABA Banking Journal.

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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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PayPal's strategic pivot drives an earnings beat

American Banker

CEO Alex Chriss said improvements in checkout, artificial intelligence and its Venmo app are "starting to show up in the results.

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Mastercard partners with Payrails to deliver NextGen payments

The Paypers

Mastercard has partnered with Payrails , a payment tech company, to accelerate digital payment transformation and offer services tailored to the needs of large enterprises.

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What to expect in the Capitol Hill debate over debanking

American Banker

Committees in both the House and Senate will hold hearings this week about debanking a term that means different things to different people.

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Banks urge Parliament to modernise Australia's payment system regulation

The Paypers

The ABA has urged the Parliament to modernise Australia’s payment system regulation and make sure its regulatory framework remains secure.

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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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Exclusive: GOP bill nixes small business data collection

American Banker

A bill offered by Rep. Roger Williams, R-Texas, would repeal Dodd-Frank Section 1071 and eliminate any data-collection requirements for the Consumer Financial Protection Bureau.

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Worldpay to acquire Ravelin

The Paypers

Worldpay has acquired Ravelin , an AI-native fraud prevention platform, in order to optimise its portfolio of solutions and deliver more value to customers.

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Banks clean up balance sheets, see stronger 2025

American Banker

Small lenders beset by the fallout from high interest rates took losses in the fourth quarter when they unloaded underperforming securities and loans. But they are reinvesting the proceeds into higher-yielding assets.

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Research finds that BNPL adoption in the UK continues to grow

The Paypers

Finder reports that the use of BNPL services in the UK has continued to expand, with 13% of consumers using such services for the first time in 2024.

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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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House tees up resolution to nullify CFPB's overdraft cap

American Banker

The House Financial Services Committee released a draft resolution under the Congressional Review Act to cancel the Consumer Financial Protections Bureau's rule limiting bank overdrafts to $5 in most cases.

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TransferGo launches a multi-currency business account for EU businesses

The Paypers

TransferGo launches a multi-currency business account to enable UK and EU businesses to make easier cross-border transactions.

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California financial watchdogs hit Patelco with $100,000 fine

American Banker

The credit union suffered a ransomware attack in June 2024 that affected nearly all of its banking systems.

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Solaris secures EUR 140 million in Series G funding round

The Paypers

Embedded Finance platform Solaris has announced that it has secured its EUR 140 million Series G financing round, aiming to accelerate its development process.

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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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How to apply for the Best Credit Unions to Work For 2025

American Banker

Our annual list of the best credit unions to work for.

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Paycorp acquires Pilot Software

The Paypers

Paycorp , a global payments provider, has acquired Pilot Software , which specialises in software and hardware solutions for the hospitality industry.

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Coinbase urges U.S. to lift barriers for crypto bank services

American Banker

A letter from three law firms retained by Coinbase argued that existing federal laws and regulations already authorize banks to provide cryptocurrency services and to engage with third-party service providers like Coinbase.

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Payroll services provider DailyPay prepares for 2025 US IPO

The Paypers

US-based payroll services provider DailyPay has kicked off preparations for a potential US stock market listing which could come as soon as Q2 2025.

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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.