Mon.Apr 29, 2024

article thumbnail

Do the 5 C’s of Credit Still Matter?

Jack Henry

Technology is making an impact on credit and risk management. Click to learn how credit risk tools can be sharpened to meet the demands of the work and make solid loan decisions.

article thumbnail

Core banking modernization: Unlocking legacy code with generative AI

Accenture

Early trials with generative AI show that the tangle of legacy code that hinders every aspect of the transformation of banks’ core products and services could be quickly and effectively resolved. By Alvaro Ruiz, Global Core Banking Lead, Accenture. At the heart of most traditional banks is a mainframe computer running the software that defines… The post Core banking modernization: Unlocking legacy code with generative AI appeared first on Accenture Banking Blog.

Software 406
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Love’s is remaking stores and checkout

Payments Dive

The convenience store chain has installed some self-checkout machines to replace employee checkout counters, C-Store Dive said in reporting on the company’s $1 billion renovation program.

Report 221
article thumbnail

Q&A with Jack Henry’s Nicole Harper on financial literacy

BankInovation

Technology provider Jack Henry leans into its financial health training and offerings during April — Financial Literacy Month.

Training 125
article thumbnail

Fall In Love With the Month-End Close

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.

article thumbnail

NRF objects to Visa-Mastercard settlement

Payments Dive

The National Retail Federation lashed out at a landmark Visa-Mastercard legal settlement Friday, calling the pact reached with some merchants last month “meager and temporary” relief.

National 221

More Trending

article thumbnail

Commercial Construction to Permanent Loans - Build Smoothly and Smartly

Commercial Lending USA

Commercial construction to permanent loans make getting money for your dream project easy. You can get the amount that you need for your dream commercial space without all the hassles that come with other loan options.

Lending 98
article thumbnail

Celebrate Accountholders This Financial Literacy Month

Jack Henry

April is Financial Literacy Month, and that means it’s time to write your annual blog and social posts on the importance of understanding personal finances and making smart long-term planning decisions. And with 60% of Americans lacking the basic budget, financial plan, or savings , it’s time to rethink our strategy.

article thumbnail

The Fed is talking, but markets still hear what they want to hear

American Banker

Banks and other financial market participants have been keyed into the central bank's communications around monetary policy expectations. But in an unpredictable economy, the guidance doesn't always hit the mark.

article thumbnail

The Bank of London launches GenAI assistant

The Paypers

The Bank of London has announced the launch of its GenAI assistant to address general and technical difficulties in real-time and aid enterprise API integration.

77
article thumbnail

5 Ways You Can Win Faster with Gen AI in Sales

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.

article thumbnail

Meet the bank that's replacing every debit card with wood

American Banker

GLS had already stopped issuing first-use plastic as of 2018, but it wasn't enough for the eco-minded German bank. Fake plastic still looks and feels like plastic.

Meeting 83
article thumbnail

Fintech funding drops to four-year low in Q1

BankInovation

Fintech funding hit a four-year low in the first quarter of 2024, partly driven by the higher cost of capital and a change in priorities for investors. Global fintech funding clocked in at $7.

Fintech 74
article thumbnail

Michigan credit union helps members borrow from friends and family

American Banker

Michigan State University Federal Credit Union is working with the relationship-based lending app Zirtue to offer members a tool for outlining lending agreements and repayment plans.

article thumbnail

HSBC chief Noel Quinn to step down after ‘intense’ five years

TheGuardian

Bank says it has started search for a successor as it reports quarterly profits beat forecasts Business live – latest coverage The chief executive of HSBC, Noel Quinn, is unexpectedly stepping down after an “intense” five years in the role, as the bank reported better-than-expected profits. Europe’s largest bank has kicked off a search for a successor and said Quinn, 62, will stay in the post until a new chief executive is found.

Report 72
article thumbnail

The Role of Automation in Commercial Lending

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.

article thumbnail

UMB Financial to acquire Heartland Financial for $2 billion

American Banker

The combination of the two regional banks is set to create a $64.5 billion-asset company with a 13-state footprint across parts of the Midwest, South and West.

article thumbnail

Glances: Bridging the Trust Gap in Banking

Realwired Appraisal Management Blog

Let’s talk trust. Not the warm and fuzzy kind, but the kind regulators demand – the kind that keeps the FDIC and OCC off your doorstep with their clipboards and furrowed brows. In banking, trust boils down to risk management. You’ve got policies, procedures, a mountain of acronyms (KYC, AML, BSA, anyone?

FDIC 59
article thumbnail

Hope Bancorp to buy Hawaii bank in $79 million deal

American Banker

The Los Angeles-based company, which focuses on Korean Americans, said the acquisition of Territorial Bancorp will allow it to expand its customer base.

article thumbnail

Applications available for Bank Enterprise Award Program

ABA Community Banking

The CDFI Fund has kicked off the application process for the 2024 funding round of the Bank Enterprise Award Program. The post Applications available for Bank Enterprise Award Program appeared first on ABA Banking Journal.

article thumbnail

10 Ways to Leverage Buyer Signals and Drive Revenue

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.

article thumbnail

Yes, your bank has a supply chain, and it's fraught with risk

American Banker

Extensive partnerships with third-party service providers, fintechs and other partners are the banking equivalent of a supply chain, and bankers need to be clear-eyed about assessing the risk associated with them.

Fintech 60
article thumbnail

Alipay+ enables digital payments to 14 overseas e-wallets

The Paypers

Alipay+ has announced the initiative to enable digital payments of 14 international e-wallets from 9 countries in Hong Kong, aimed at the city’s global travel drive.

article thumbnail

SBA's push to revive an old idea

American Banker

Isabel Casillas Guzman, administrator of the Small Business Administration, wants the agency to get involved in direct lending, a practice that was discontinued during the Clinton administration. Congress has not embraced the idea, to put it mildly.

Lending 48
article thumbnail

Nubank launches of Nubank+ and partners with Max in Brazil

The Paypers

Brazil-based financial services platform Nubank has released Nubank+ to offer users cashback, free withdrawals, and free streaming via a partnership with Max.

48
article thumbnail

Outsource With Confidence for RDC Program Success

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.

article thumbnail

Fulton details Philly boost it's getting from Republic First takeover

American Banker

The first bank failure of 2024 will result in the Lancaster, Pennsylvania-based Fulton nearly doubling deposits in Philadelphia, a market it has viewed as strategically important for several years.

article thumbnail

Monzo to finalise GBP 500 million fundraising

The Paypers

UK-based digital bank Monzo has announced the process of finalising a new GBP 500 million expanded funding, through a strategic deal with tech investor Hedosophia.

article thumbnail

Don’t Ask Your Bank Customers If They’re Happy. Watch What They Do, Instead.

The Financial Brand

This article Don’t Ask Your Bank Customers If They’re Happy. Watch What They Do, Instead. appeared first on The Financial Brand. Surveys and NPS scores face growing skepticism. But widespread dissatisfaction begs the question: What do you replace them with? This article Don’t Ask Your Bank Customers If They’re Happy. Watch What They Do, Instead. appeared first on The Financial Brand.

Survey 35
article thumbnail

CRED to offer payment checkout terminals to merchants

The Paypers

India-based fintech CRED has announced the launch of checkout terminals to large lifestyle merchants after the company completed trials for these devices.

article thumbnail

Signal-Based Selling: How to Leverage 4 Key Buying Signals

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.