Thu.Apr 10, 2025

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Beyond Going Green: What Really Drives E-Statement Adoption

Jack Henry

For years, banks and credit unions have encouraged accountholders to switch to e-statements by highlighting environmental benefits. While reducing environmental impact is important, it hasnt been the game-changer many expected. What truly motivates people to make the switch? Security.

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Parental guidance: the influence of parents on young people and their attitudes towards cash

BankUnderground

Lily Smith Like mother, like daughter? Like father, like son? Despite the increasing prevalence of digital payments in todays world, young people continue to use cash. The persistence of cash use, even among youngsters who have grown up with debit cards and smartphones, raises interesting questions about the factors that influence young peoples payment choices.

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PayPal, Block and others face recession risk: analysts

Payments Dive

As President Trump’s tariff war raises the specter of a U.S. recession, analysts cited certain payments players as potentially more vulnerable in an economic downturn.

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Hackers infiltrated 100 US bank regulators' emails for more than a year

The Paypers

Unknown hackers have infiltrated nearly 103 bank regulators’ email addresses for over a year, receiving access to sensitive financial data.

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Commercial Lenders, Playing It Safe Is the Real Risk

Why Legacy Lending Workflows Are Costing You More Than You Think Legacy systems and manual workflows might feel familiar, but they come with growing risks—compliance gaps, costly delays, and lost opportunities. This guide breaks down why clinging to traditional processes is no longer sustainable and how automation can help lenders regain control, improve efficiency, and reduce risk across the closing process.

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Digital wallets, biometrics spur innovation in payments tech

American Banker

Consumer habits are the driving force behind industry-wide payments investments, be it digital wallet adoption, biometric authentication or payments platforms.

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PayPal’s Xoom, Tencent partner on cross-border payments

Payments Dive

The deal provides another avenue for customers seeking to send remittances to Chinese consumers.

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Barclays cuts rates on some mortgages to below 4% amid US tariffs turmoil

TheGuardian

Bank is largest UK lender to cut rates in apparent response to turbulence, and experts predict others will follow Business live latest updates Barclays has become the largest UK lender so far to cut its mortgage rates in apparent response to the financial turmoil sparked by the US trade tariffs, with some deals now priced at below 4%. It is the first big six lender to enter the sub-4% fixed-rate market after similar announcements by some smaller lenders earlier this week, leaving brokers wonder

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Shift4 CEO grilled by senators on Musk, SpaceX ties

Payments Dive

The lawmakers questioned Jared Isaacman on whether he would remain independent of Musk if he is confirmed to lead NASA.

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DOGE descends on FDIC in federal downsizing push  

American Banker

A Department of Government Efficiency team is working with FDIC leadership to "increase efficiency," which could include cuts to contracts and streamlining staff. FDIC says DOGE staffers have "appropriate clearances.

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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Kenya to regulate digital assets with new crypto bill

The Paypers

Kenya has announced its plans to regulate digital assets with the introduction of a new crypto bill, aimed at optimising customer experience.

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Yotta customer leads class-action suit against Evolve, Lineage

American Banker

The latest lawsuit stemming from Synapse's bankruptcy accuses the banks of risk management failures.

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Fyorin partners with Discover to expand B2B virtual card access

The Paypers

Fyorin has entered into a strategic relationship with Discover Global Network in a move aimed at expanding options for business-to-business (B2B) payments.

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New York fines Block for Cash App anti-money laundering lapses

American Banker

Regulators said the payment company did not provide sufficient customer identification and monitoring, increasing risk for its transfer app. This week's fine follows earlier penalties in other states and the federal government.

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Hackers infiltrated 100 US bank regulators' emails for more than a year

The Paypers

Unknown hackers have infiltrated nearly 103 bank regulators’ email addresses for over a year, receiving access to sensitive financial data.

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ABA endorses effort to rescind FDIC bank merger policy

ABA Community Banking

ABA supports a proposal to rescind a 2024 statement on bank mergers that expanded the factors taken under consideration when the FDIC reviews merger applications, the association said in a letter to the agency. The post ABA endorses effort to rescind FDIC bank merger policy appeared first on ABA Banking Journal.

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Regulations on AI in banking should focus on outcomes, not models

American Banker

Rather than trying to police the way banks' artificial intelligence models are designed, regulators should assess the results they produce and make sure they adhere to existing consumer protection rules.

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Evolve and Lineage Bank accused in legal case over lost funds

The Paypers

Dustin Justus, a resident of South Carolina, has filed a lawsuit against Evolve Bank & Trust and Lineage Bank for negligence.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Exclusive: Barr offers CRA resolution for OCC bank merger rule

American Banker

House Financial Services Committee member Andy Barr, R-Ky., will introduce a Congressional Review Act resolution to nullify the Office of the Comptroller of the Currency's merger rule that went into effect in January.

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Lloyd Banking Group partners with Google Cloud

The Paypers

Lloyds Banking Group has leveraged Google Cloud ’s AI and data science capabilities to transform customer and employee experience.

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Trigger lead legislation reintroduced in Congress

American Banker

Versions of the bill were introduced in the House and Senate, raising odds that a national trigger lead ban could be near.

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Ecommpay supports Italian market entry for ecommerce merchants

The Paypers

Global payments platform Ecommpay has announced that it now provides access to local and global payment methods in Italy.

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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

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MoneyLion stockholders approve acquisition by Gen Digital

American Banker

Gen Digital announced in December it planned to acquire MoneyLion for $82 a share, approximately $1 billion in cash value.

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SEC published its view on covered stablecoins

The Paypers

The SEC ’s Division of Corporation Finance has published a statement offering its views on whether covered stablecoins are securities or not.

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Tariff whiplash has banks and their clients pausing deals

American Banker

After rapid changes in U.S. trade policy, banks and their clients are putting merger deals on ice until the dust settles.

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Ballerine joins Mastercard Engage to optimise merchant risk monitoring

The Paypers

Ballerine has announced that it has joined the Mastercard Engage Partner Program in order to power real-time merchant risk monitoring.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.