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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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.
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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Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.
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.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
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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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper
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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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202
The Financial Brand
JUNE 6, 2023
This article Digital Leaders Differ from Other Banks in Talent Strategy, Research Shows appeared first on The Financial Brand. What are the banks that have thrived amid digital transformation doing differently than the laggards? A lot has to do with their talent strategy. This article Digital Leaders Differ from Other Banks in Talent Strategy, Research Shows appeared first on The Financial Brand.
American Banker
JUNE 6, 2023
The House Financial Services Subcommittee on Financial Institutions and Monetary Policy debated bills that would lower some banks' regulation and allow banks to pay some Deposit Insurance Fund assessments with Treasuries.
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.
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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.
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