Commercial Lending USA
MAY 22, 2024
Before exploring the fascinating commercial loan world, consider your specific needs. Initiating this first planning step will make everything easier and increase your chances of discovering the best financial choice.
South State Correspondent
MAY 22, 2024
Between now and the end of 2027, it is estimated that $2.2T of office loans is coming due. Much of this product lies on banks’ balance sheets. A high percentage of those office loans on banks’ balance sheet are balloon structures where the bulk of the loan’s principal is due. Equally worrisome is the large number of loans on banks’ balance sheets that are due for a rate reset where the interest rate will be almost double, thereby putting stress on borrowers.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Abrigo
MAY 22, 2024
Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. DOWNLOAD Takeaway 1 Financing plays a crucial role in small business survival and success.
Payments Dive
MAY 22, 2024
American Express and Capital One cardholders can now see what rewards they would earn from purchases when checking out with Google Pay, the tech giant said in a blog post.
Advertisement
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.
BankInovation
MAY 22, 2024
JPMorgan Chase has identified three uses for generative AI to boost efficiency. “AI, and particularly large language models, will be transformational,” Chief Operating Officer Daniel Pinto said during the bank’s Investor Day on May 20, noting that the bank has been investing in AI for “a number of years.” The $3.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankInovation
MAY 22, 2024
Fintech Lili, which provides a business platform for small and medium-sized businesses, has teamed up with Amazon Web Services to deploy a generative AI-driven chatbot for its customers.
American Banker
MAY 22, 2024
Santander joins Iberpay as the first supporters of the European Payment Council's instant account-to-account network, Australian lawmakers approved bills to create a federated digital identity system, and more.
TheGuardian
MAY 22, 2024
UK regulators fine bank £61.6m over 2022 trader blunder that prompted flash crash in European stocks Citigroup has been fined £61.6m by financial regulators after its internal systems failed to prevent a fat-fingered banker causing a flash crash by erroneously placing more than £1bn of orders. The trader had intended to sell equities to the value of $58m (£46m) on 2 May 2022.
American Banker
MAY 22, 2024
Executives from JPMorgan Chase, Bank of America and Wells Fargo are expected to get grilled in Congress this summer over victims of Zelle scams who don't get reimbursed. A Senate panel has spent much of the last year examining fraud on the bank-owned payments network.
Advertiser: ZoomInfo
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.
BankInovation
MAY 22, 2024
At Bank Automation News, we want to ensure we are providing the most relevant, useful articles, reports, data and content to our readers. The financial services industry is constantly evolving, and we need your help to ensure we stay on the right path.
American Banker
MAY 22, 2024
It is increasingly clear that joining a risk consortium is the best defense banks have against fraudsters who are increasingly powered by artificial intelligence.
The Paypers
MAY 22, 2024
Singapore-based crypto payment gateway Alchemy Pay has set to launch Web3 Digital Bank, its new solution for multi-fiat accounts.
American Banker
MAY 22, 2024
While the $800 billion in PPP loans has largely self-liquidated through the forgiveness process, SBA continues to service the longer-duration EIDL portfolio and will likely be doing so for years to come after opting to hold on to the loans.
Advertisement
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.
The Paypers
MAY 22, 2024
The Hong Kong Monetary Authority ( HKMA ) and the People’s Bank of China ( PBoC ) have advanced the e-CNY pilot for cross-boundary payments, expanding its scope in Hong Kong.
BankUnderground
MAY 22, 2024
Nuri Khayal and Jonathan Loke Many households in the UK have seen their mortgage payments go up since mortgage rates started to increase in 2022. In the current environment of higher rates, the question of how much a household can comfortably spend on their mortgage payments before getting into financial distress is particularly relevant. This blog shows that households which spend a larger share of their income on mortgage payments are at a higher risk of being in arrears.
Realwired Appraisal Management Blog
MAY 22, 2024
Appraisers undervalue their worth. The bank C-Suite is largely unaware of the market knowledge depth of their own appraisal department. Their approved appraiser vendors are top-notch. Both are integral to the stability of the real estate industry.
TrustBank
MAY 22, 2024
With the Federal Reserve (Fed) increasing interest rates on the target Federal Funds rate since early 2022, the available market yields on cash, money markets, certificates of deposit, and other short-term cash equivalent investment products have increased to as much as 5% (from essentially 0% over the 2020-2021 COVID-19 environment). The 90-day U.S.
Advertiser: ZoomInfo
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.
The Paypers
MAY 22, 2024
UK-based Weavr has uncovered new research underlining that the majority of B2B SaaS product managers intend to integrate Embedded Finance into their operations.
ATM Marketplace
MAY 22, 2024
Financial institutions are faced with major questions in responding to the challenges of sustainable development -how to integrate environmental, social and governance (ESG) criteria into strategic choices and decision-making? Download the latest Diebold Nixdorf guide and discover how to take action and drive positive change.
The Paypers
MAY 22, 2024
Global digital payments startup Stripe has partnered with SBI Payments Limited to foray into the Indian payments ecosystem.
The Financial Brand
MAY 22, 2024
This article Why the AI Revolution Is Being Led from Below appeared first on The Financial Brand. Your employees' embrace of "co-pilots" and free-to-use web apps may already be undermining your well-crafted corporate AI strategy. This article Why the AI Revolution Is Being Led from Below appeared first on The Financial Brand.
Advertisement
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.
The Paypers
MAY 22, 2024
UK-based Cuckoo Fibre has announced that it signed a three-year agreement with bank payments company GoCardless to leverage the latter’s Direct Debit features.
American Banker
MAY 22, 2024
Two years on, U.K. regulators on Wednesday revealed the result of their long-running probe into Citigroup's actions that day as they saddled the bank with £61.6 million ($78 million) in penalties for the mistake.
The Paypers
MAY 22, 2024
The European Council has approved the Artificial Intelligence (AI) Act, aiming to standardise AI regulations through a risk-based approach.
American Banker
MAY 22, 2024
FDIC chair Martin Gruenberg's departure from the agency may have political implications as the White House and Senate scramble to name a successor, but experts agree that the move will likely result in a weaker Basel rule and stronger role for the Federal Reserve in joint rulemakings.
Advertiser: ZoomInfo
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.
Expert insights. Personalized for you.
52 
Let's personalize your content