Accenture
SEPTEMBER 20, 2024
The advantages of cloud technologies are widely recognized, offering enhanced productivity, agility, resilience, and innovation. Despite these benefits, the Financial Services industry lags behind other sectors in adopting cloud technology. According to our Cloud Rotation Index study, only 15% of banks’ workloads had been migrated to the cloud by the end of 2022.
Payments Dive
SEPTEMBER 20, 2024
The retail giant and payments processor are targeting next year for offering consumers a real-time payment option online.
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BankBazaar
SEPTEMBER 20, 2024
Did you just picture your hard-earned money crawling down a d imly lit st airway on all fours after a botched exorcism ? Money dysmorphia is a much darke r threat , here is all you need to know. Do you feel increasingly insecure about your financial situation, no matter what the reality is? Is it too hard to shrug off this gnawing sense of financial inadequacy?
Payments Dive
SEPTEMBER 20, 2024
The e-commerce platform will also let consumers connect their PayPal and Prime accounts next year, and access free shipping via Buy with Prime on some merchants’ sites.
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Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be
BankInovation
SEPTEMBER 20, 2024
Tech giants are bailing out on in-house financial services innovation as they look to embed their offerings into third-party vendor platforms. “After nearly a decade or more of big tech companies venturing into launching their own financial products, many of the major players have now pulled back,” Laura Kennedy, principal analyst at think tank CBInsights, […] The post Big tech pulls back on in-house financial services innovation appeared first on Bank Automation News.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankInovation
SEPTEMBER 20, 2024
Grasshopper Bank has reduced manual reviews in its onboarding process by 57% through fintech Alloy’s risk-management solution. The bank implemented Alloy’s Identity Risk Solution in March 2022. At the time, 20% of its applications were reviewed manually to monitor for fraud, Lauren McCollom, head of embedded finance at Grasshopper, told Bank Automation News.
American Banker
SEPTEMBER 20, 2024
Ally customers are blaming the bank for data breaches at its vendors, arguing that basic cybersecurity measures would have prevented the thefts.
The Paypers
SEPTEMBER 20, 2024
Privado ID , formerly known as Polygon ID, has announced its merger with Disco , a company focused on multichain verifiable data and reputation management.
American Banker
SEPTEMBER 20, 2024
The Honolulu-based seller said it rejected a competing bid from an investor group and would stick with its plan to sell to Hope Bancorp for $78.6 million in stock.
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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.
The Paypers
SEPTEMBER 20, 2024
Astra Tech , a consumer technology holding company, has launched a service in the UAE called ‘Send Now, Pay Later’ (SNPL) through its Botim Ultra App.
American Banker
SEPTEMBER 20, 2024
Liberty Capital Bancshares in Texas agreed to acquire in-state peer Southwestern Bancorp; BNY announced it will buy managed-account software company Archer; Louisiana is supporting crypto but pushing back on CBDCs; and more in this week's banking news roundup.
The Paypers
SEPTEMBER 20, 2024
Financial infrastructure platform Stripe has partnered with Canadian home and commercial services company Enercare to power its online payments experience.
American Banker
SEPTEMBER 20, 2024
By enabling instant settlement for bank payments at checkout, the retailer is adding speed to an option that reduces card transaction fees. But getting consumer buy-in may be a challenge.
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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
SEPTEMBER 20, 2024
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have announced that major retail banks are set to implement Singpass Face Verification (SFV).
American Banker
SEPTEMBER 20, 2024
A new academic paper dives into the key factors that have caused bank failures over the past 160 years.
The Paypers
SEPTEMBER 20, 2024
Vietnam Maritime Commercial Joint Stock Bank (MSB) has partnered with TerraPay to enhance digital payment solutions by improving efficiency and reducing transaction costs.
American Banker
SEPTEMBER 20, 2024
In "Money and Promises," Paolo Zannoni, the historian, banker and executive deputy chairman of Prada, tells the tale of instances in which banks teamed up with governments to create financial instruments. Early bank innovations transformed debt into bank money, allowing cities and nations to thrive.
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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
The Paypers
SEPTEMBER 20, 2024
Klarna has improved its AI-powered shopping assistant with chat-based features, offering personalised recommendations, comparisons, reviews, and real-time price insights.
American Banker
SEPTEMBER 20, 2024
Warnings, finger pointing, and political infighting have consumed talks around a continuing resolution, but the details of the upcoming funding package are expected to be ironed out over the weekend for a likely vote early next week.
The Paypers
SEPTEMBER 20, 2024
AMINA Bank has announced its participation in Project Agorá, an initiative led by the Bank for International Settlements (BIS) in collaboration with several central banks.
American Banker
SEPTEMBER 20, 2024
This week, Federal Reserve Gov. Michelle Bowman cast the first dissenting vote at an FOMC meeting in years. On Friday, she explained why the economic data she's seen didn't convince her of the need to cut rates as much as her fellow governors thought.
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.
The Paypers
SEPTEMBER 20, 2024
NAB has extended its long-term partnership with Amazon Web Services (AWS) as part of its multi-cloud strategy, aiming to improve its technology capabilities and customer experiences.
American Banker
SEPTEMBER 20, 2024
Credit unions worked with California lawmakers to reshape proposed changes to the fees. An upcoming rule from the Consumer Financial Protection Bureau raises uncertainty.
The Paypers
SEPTEMBER 20, 2024
Germany-based Commerzbank has teamed up with Crypto Finance , a subsidiary of Deutsche Börse, to equip its corporate clients in the region with access to crypto assets.
American Banker
SEPTEMBER 20, 2024
A Wednesday hearing included discussion of European laws that will put banks on the hook for fraud schemes, and whether the U.S. needs a digital identity standard.
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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.
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