Opponents of CCCA brace for reintroduction
Payments Dive
JUNE 6, 2023
Detractors of the Credit Card Competition Act proposal that failed last year are preparing for a reintroduction of similar legislation in Congress, as soon as this week.
Payments Dive
JUNE 6, 2023
Detractors of the Credit Card Competition Act proposal that failed last year are preparing for a reintroduction of similar legislation in Congress, as soon as this week.
ATM Marketplace
JUNE 6, 2023
Cash recycling is a relatively recent development for ATMs, which raises the question of whether it is actually a good investment that can save time and money while increasing teller productivity.
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Payments Dive
JUNE 6, 2023
A new tie-up between the companies will allow Worldpay’s merchant clients to tap bank-based payments from consumers.
American Banker
JUNE 6, 2023
The companies are offering retail merchants a digital catalog of transaction services, which JPMorgan hopes will help it better compete with fintechs and other banks.
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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
JUNE 6, 2023
Jim Chalmers says phasing out will be ‘gradual, coordinated and inclusive’ as he announces modernisation plan Follow our Australia news live blog for the latest updates Get our morning and afternoon news emails , free app or daily news podcast The treasurer, Jim Chalmers, has signed the cheque’s death warrant to end its use in Australia by 2030, as part of a range of payment reforms for the digital era.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
The Paypers
JUNE 6, 2023
Global fintech company Unlimit (previously known as Unlimint ) has expanded its services into the Kenyan market, after receiving a Central Bank of Kenya licence.
American Banker
JUNE 6, 2023
Bankers and a key government supervisor say the downfalls of multiple regional lenders reminded regulators that traditional M&A is better for the industry than failed-bank-deals.
BankInovation
JUNE 6, 2023
Fraudsters found new opportunities in business email compromise scams as bank clients moved assets following the collapse of Silicon Valley Bank in March — that’s when tech providers stepped in.
American Banker
JUNE 6, 2023
It would be a mistake for regulators in the U.S. and Canada to delay the rollout of rules supporting open banking. Fears of bank runs as a result of customer access to their own financial data are overblown.
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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
JUNE 6, 2023
The generative AI boom may be in its infancy, but financial institutions are already looking into how they can implement large language models to streamline workflows and increase productivity. LLMs — AI systems trained using massive amounts of data to produce human-sounding responses — have a staggering number of potential applications in banking.
American Banker
JUNE 6, 2023
Wells Fargo is pursuing private mediation to settle claims of widespread discrimination against Black homeowners by denying them lower interest rates through refinancing and forcing them to pay more for loans.
The Paypers
JUNE 6, 2023
Global security tech group Giesecke+Devrient has become a Digital First integrator in the Mastercard Engage network to offer Digital First payment solutions.
American Banker
JUNE 6, 2023
Mike Wilson will soon replace George Nahodil as president and CEO of Members 1st, which is the third-largest credit union in Pennsylvania.
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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.
The Paypers
JUNE 6, 2023
UK-based Shape Technologies has rolled out its dynamic Payments-Platform-as-a-Service (PPaaS), offering its fully customisable platform to payment service providers around the world.
American Banker
JUNE 6, 2023
Nusenda's agreement to buy Western Heritage Bank would be its first bank acquisition and the first such combination in the state.
The Paypers
JUNE 6, 2023
Worldpay form FIS has partnered with UK-based payment gateway Volt to bring merchants the ability to take payments Open Banking from customers.
American Banker
JUNE 6, 2023
After outsize profits at banks during the early stages of the pandemic led to big increases in compensation, chief executives collected a 7% median pay raise in 2022. The decline in stock prices following the recent banking crisis could weigh on the size of this year's awards.
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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
JUNE 6, 2023
Italy-based banking group Sella has launched the Artificial Intelligence Business Incubator aimed at companies with projects based on AI-powered financial services.
American Banker
JUNE 6, 2023
Chatbots may provide inaccurate information, may run afoul of consumer financial protection laws and may force consumers into "repetitive loops of unhelpful jargon," the Consumer Financial Protection Bureau warned.
The Paypers
JUNE 6, 2023
Global platform TrueLayer has launched its Payments Platform Programme to expand across the world, with partners including Stripe, Nuvei , Airwallex , and Thunes.
American Banker
JUNE 6, 2023
Jennifer Schachterle will oversee the Home Loan bank's relationships with nearly 330 members. Two former members — Silicon Valley Bank and First Republic — failed this year, and consolidation has also thinned its ranks.
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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
JUNE 6, 2023
Global identity verification platform Trulioo has released new offerings in order to expand globally and to further improve business automation processes.
American Banker
JUNE 6, 2023
The Securities and Exchange Commission sued the two largest cryptocurrency exchanges this week over allegations of operating as unregistered securities exchanges, rattling the industry but potentially lighting the way to more regulatory certainty.
The Paypers
JUNE 6, 2023
Payments services provider Worldline has partnered Travelplanbooker.com in an effort to better accommodate the requirements of post-pandemic travellers.
American Banker
JUNE 6, 2023
Beach Cities Commercial Bank is set to open in Southern California next week. Rising interest rates and consolidation in recent decades have created more opportunities for investors to form new banks, experts said.
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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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