Self checkout boasts ‘record’ year: report
Payments Dive
JULY 12, 2024
The U.S. is the world’s largest self-checkout market, driven in part by supermarket chains and convenience stores, even as some retailers pull back on the tech.
Payments Dive
JULY 12, 2024
The U.S. is the world’s largest self-checkout market, driven in part by supermarket chains and convenience stores, even as some retailers pull back on the tech.
ATM Marketplace
JULY 12, 2024
Regina DeMars at First National Bank of Omaha and this year's keynote speaker for the Bank Customer Experience Summit, shared how banks can develop content that works.
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Payments Dive
JULY 12, 2024
Use of data-sharing protocols among banks could warn customers before they send money, said Carl Slabicki, a BNY executive.
BankInovation
JULY 12, 2024
Citigroup’s multiyear modernization strategy saw progress in the second quarter as the bank’s tech investments proved more necessary after the Federal Reserve Board penalized the bank this week. “We have made meaningful progress in executing our transformation and simplifying our multiyear undertaking,” Chief Executive Jane Fraser said during the $2.
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With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.
TheGuardian
JULY 12, 2024
Scams underline risks of banking on mobile, with not all lenders prepared to refund victims The risks of doing banking on your mobile handset have been underlined by the stories of Guardian Money readers who had their mobiles taken over by fraudsters, who then emptied their bank accounts. In recent months, Guardian Money has become increasingly alarmed at how often people are reporting that their mobile phone account has been taken over – with O2 our most complained-about provider.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankUnderground
JULY 12, 2024
Derrick Kanngiesser and Tim Willems This post describes a systematic way for central banks to employ past forecasts (and associated errors) with the aim of learning more about the structure and functioning of the economy, ultimately to enable a better setting of monetary policy going forward. Results suggest that the Monetary Policy Committee’s (MPC’s) inflation forecast has tended to underestimate pass-through from wage growth to inflation, while also underestimating the longer-term
American Banker
JULY 12, 2024
With Americans suffering from high housing costs and declining supply, we cannot afford to watch a massive government-sponsored enterprise sit on billions in retained earnings.
BankInovation
JULY 12, 2024
JPMorganChase has achieved straight-through processing to share loan data and improve efficiencies, reduce errors and delays in loan processing. Straight-through processing (STP) allows JPMorgan to digitize all information flowed on Versana, a syndicated loan platform, ranging from emails to faxes.
American Banker
JULY 12, 2024
Fizz offers a card that enables undergrads to slowly build a debt record based on healthy spending habits, providing an alternative as regulators pressure how financial services are marketed to that demographic.
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Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.
BankInovation
JULY 12, 2024
Wells Fargo is improving its customer experience with investments in branch technology and enhanced self-service options. “We continue to optimize and invest in our branch network,” Wells Fargo Chief Executive Charlie Scharf said during today’s second-quarter earnings call.
American Banker
JULY 12, 2024
The megabank is working with the digital lending fintech Numerated to automate transferring and analyzing important financial data from borrowers.
BankInovation
JULY 12, 2024
German bank Solaris SE faces financial penalties if it doesn’t meet deadlines for fixing controls, after failing to do so for years, according to Bloomberg.
American Banker
JULY 12, 2024
First Internet Bank and Nbkc bank are among those exploring ways to automate the traditionally manual task of verifying business customers.
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Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.
Bussman Advisory
JULY 12, 2024
This week’s must-know stories in the FinTech, AI and Digital Asset space. The latest edition of the FinTech Ecosystem Newsletter is here: Image Credits: shutterstock.com The post Apple reaches EU deal on NFC payments | Deutsche Bank’s DWS moves toward first German-regulated euro stablecoin | Bain to buy Envestnet for $4.5B appeared first on Bussmann Advisory AG.
American Banker
JULY 12, 2024
Chairman and CEO Jamie Dimon said while the economic outlook is 'benign,' the bank remains 'vigilant about potential tail risks.
ABA Community Banking
JULY 12, 2024
Federal banking regulators released the 2024 list of distressed or underserved nonmetropolitan middle-income geographies eligible to receive CRA consideration. The post Regulators release 2024 list of distressed, underserved communities appeared first on ABA Banking Journal.
American Banker
JULY 12, 2024
Each of the megabank's five business lines reported an uptick in profits for the second quarter of 2024. Growth in Citi's banking segment, which includes investment banking, was particularly robust, up 30% year over year, the company said Friday.
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Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w
The Paypers
JULY 12, 2024
Datapro , a core banking systems and digital solutions provider, has teamed up with Mastercard to expand the integration of Mastercard Cross-Border Services across LATAM.
American Banker
JULY 12, 2024
The New York-based company saw assets under custody and management jump, driving strong increases in both fees and overall revenues for the quarter ending June 30.
The Paypers
JULY 12, 2024
Nuvei has partnered with Mastercard to launch a new off-ramping solution, enabling consumers in Europe to convert digital assets to fiat via prepaid, credit, and debit cards.
American Banker
JULY 12, 2024
Royal Bank of Canada reorganizes its executive leadership ranks; pending startup BankMiami gets approval from Florida's Office of Financial Regulation; Rize Credit Union's Julio Jimenez-Wenz joins Nevada Commission on Minority Affairs; and more.
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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.
The Paypers
JULY 12, 2024
Global financial software application provider Finastra has announced the completion of a Swiss Interbank Clearing (SIC) instant payments readiness project.
American Banker
JULY 12, 2024
After its planned sale to a larger competitor fell through, the renamed bank plans to expand into new markets, starting with St. Louis.
The Paypers
JULY 12, 2024
Bank payment company GoCardless has entered a collaboration with ICE InsureTech to deliver optimised payment collection to insurance companies in Australia and New Zealand.
American Banker
JULY 12, 2024
The discussion will delve into strategies for future-proofing technology investments, focusing on how to extend existing systems to harness the potential of AI while maintaining resilience. Join us to discuss how to evaluate platforms that deliver tangible value in a matter of months, considering factors such as scalability, flexibility, and integration across various business areas.
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Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se
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