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.

Report 390

Report Retail Marketing 390

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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Course Strategy Data Retail 123

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.

Fraud 433

Fraud Payments Data 433

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.

Customer Experience 112

Customer Experience Omaha Strategy National 112

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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.

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Mobile Report Fraud 111

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

Policies 81

Policies Exercises Strategy Examples 81

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.

Lending 85

Lending Fintech Data Management 85

SWBC's LenderHub

JULY 12, 2024

Financial institutions always work to enhance their collections strategies, an essential tool for maintaining healthy cash flow and minimizing risk.

Tools 78

Tools Strategy 78

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.

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85

Advertiser: ZoomInfo

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Analysis

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.

Resources 74

Resources Data Retail 74

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.

Regulation 83

Regulation Payments Cards Marketing 83

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.

Customer Experience 72

Customer Experience Technology Retail 72

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.

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Lending

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.

Fintech 72

Fintech Meeting Regulation Retail 72

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.

Report 64

Report Company 64

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.

Payments 53

Payments System 53

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.

Apple 52

Apple Regulation Payments Fintech 52

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Capital

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.

Community 52

Community Regulation FDIC Community Bank 52

The Paypers

JULY 12, 2024

The Hedera Hashgraph has partnered with Deloitte aiming to enhance the verification of companies’ ESG impact and sustainability claims.

Company 45

Company 45

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.

New York 41

New York Management Company 41

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.

Cards 45

Cards 45

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Operations

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.

St. Louis 36

St. Louis Chicago Marketing Community Bank 36

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.

Software 45

Software Payments 45

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.

Strategy 28

Strategy How To US System 28

The Paypers

JULY 12, 2024

Alchemy Pay has partnered with Mastercard with the aim of verifying authentic users and preventing fraud in the application process.

Fraud 41

Fraud 41

Advertiser: ZoomInfo

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