Accenture

AUGUST 2, 2024

As you start strategic planning this August, consider this: automated, data-driven lending is no longer a future vision—it’s happening now. In our Commercial Banking Top Trends for 2024, we spotlight this critical trend shaping the industry’s future. This three-part blog series looks at the future of lending, reflecting on industry experiences and providing insights into… The post Key disruptions shaping the future of lending appeared first on Accenture Banking Blog.

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Lending Trends Industry Data 261

Perficient

AUGUST 2, 2024

Imagine a world where your business can effortlessly keep pace with technological advancements and continuously changing customer expectations. The ability to swiftly develop new technology products and applications is crucial to staying competitive. However, relying solely on in-house development capabilities is not always feasible for many organizations.

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America Report Technology Software 450

Payments Dive

AUGUST 2, 2024

Financial institutions expect business clients to be a driver of instant payment revenue, but adopting the technology comes with hurdles, the results of a recent survey showed.

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Survey Payments Technology 397

ATM Marketplace

AUGUST 2, 2024

A panel entitled "Using Financial Education as a Marketing, Engagement Tool" at the Bank Customer Experience Summit held in Charlotte from Sept. 9 to 11 will address this topic in detail.

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Tools Charlotte Marketing How To 111

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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.

Groups

Payments Dive

AUGUST 2, 2024

“In the aftermath of the CrowdStrike outage, Congress and state lawmakers should look for opportunities to build backups and redundancies into critical online systems,” writes a payments consultant.

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BankUnderground

AUGUST 2, 2024

Jenny Chan, Sebastian Diz and Derrick Kanngiesser In recent years, increases in global energy prices have posed significant challenges for net energy importers such as the UK or the euro area. In addition to the inflationary impact, increases in the relative price of energy imply a decline in real incomes for the energy importers. In this blog post, we introduce a macroeconomic model that captures the direct adverse effects on aggregate demand caused by energy price shocks (a notion that resonat

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American Banker

AUGUST 2, 2024

While banks are trying to advance, regulators are lagging, with outdated rules failing to address today's technological and digital asset realities. It's time for a new paradigm in banking regulation.

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BankInovation

AUGUST 2, 2024

U.S. Bank is developing AI-driven solutions for its business clients, with its latest efforts targeting the launch of an AI-driven cash-forecasting tool. Major financial institutions like Bank of America, Citizens Bank and PNC Bank have already deployed cash-forecasting solutions.

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American Banker

AUGUST 2, 2024

The federal Project Fortress initiative provides defensive tools for banks. Community-banking groups and regulators' associations say small banks in particular need the free and accessible help.

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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.

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The Paypers

AUGUST 2, 2024

People’s Clearinghouse has announced its partnership with the Interledger Foundation in order to launch a digital cross-border payment infrastructure project.

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Payments 74

American Banker

AUGUST 2, 2024

The bank doubled down on promises to use legal action if the Consumer Financial Protection Bureau brings an enforcement action against it related to fraud on the Zelle platform, saying in a statement that it would "not hesitate to seek assistance from courts.

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Fraud Compliance Regulation Payments 73

BankInovation

AUGUST 2, 2024

Cambridge Savings Bank is executing a three-year digital roadmap with automation, client experience and modern platforms at the forefront of the effort. “Our mandate is digitize everything right now as much as we can,” Chief Operating Officer Kevin McGuire told Bank Automation News. As the Cambridge, Mass.

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The Paypers

AUGUST 2, 2024

The Payment Systems Regulator (PSR) has published its latest report on the performance of payment firms in addressing Authorised Push Payment (APP) scams for the year 2023.

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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.

Lending

American Banker

AUGUST 2, 2024

Industry participants say more direct communication between fintechs and federal regulators could help avoid bad outcomes. Some underused legal tools could help bridge the gap.

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The Paypers

AUGUST 2, 2024

The European Central Bank (ECB) and the European Banking Authority (EBA) have published a collaborative report on payment fraud data.

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Fraud Report Payments Data 68

American Banker

AUGUST 2, 2024

Nine federal regulatory agencies are requesting comment on a rule that would create data standards for supervisory information collected and submitted to financial regulators.

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The Paypers

AUGUST 2, 2024

The UK Law Commission has released a report in which it proposes legal reforms to better protect the unique features of digital assets.

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Report 41

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.

Capital

American Banker

AUGUST 2, 2024

The agency admitted navigating the different rules and regulations involved in its four existing lines of credit proved time consuming and confusing and kept some lenders from offering them altogether.

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The Paypers

AUGUST 2, 2024

Finastra has announced its partnership with Tech Mahindra in order to accelerate the process of digital development for corporate banks and financial institutions.

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American Banker

AUGUST 2, 2024

South Carolina's Optus Bank appoints Benita Lefft its new president; B2B marketplace DesignRush releases its hottest states for digital business growth; Morgan Stanley announces Ellen Zentner's newly created team within the bank's investment wing; and more in the weekly banking news roundup.

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The Paypers

AUGUST 2, 2024

Deutsche Bank has launched BASF’s first sustainability-linked payables finance program in Asia, with a focus on its operations in China.

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Operations 36

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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.

Operations

American Banker

AUGUST 2, 2024

A bill from Sens. Richard Blumenthal, D-Conn., and Elizabeth Warren, D-Mass., and companion House legislation from Rep. Maxine Waters, D-Calif.

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Fraud Policies Payments 41

The Paypers

AUGUST 2, 2024

Paymentology has teamed up with Salaam Bank 's Waafi app to launch the Horn of Africa's first tokenized tap-to-pay digital and physical cards.

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Cards 36

The Paypers

AUGUST 2, 2024

SUNRATE has announced its official launch in Vietnam, aiming to strengthen its global footprint, especially the Asia-Pacific region.

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Regional 36

The Paypers

AUGUST 2, 2024

Global PSSL has partnered with Confide Platform to augment sustainable finance governance, enabling secure, anonymous reporting, and improving transparency.

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Security Report 36

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.

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