Tue.Feb 06, 2024

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3 predictions for the ATM Industry in 2024

ATM Marketplace

The ATM industry is constantly evolving to meet the changing needs of consumers. Going into this new year, several key trends are expected to shape the future of ATMs.

ATM 110
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Fiserv lands Uber, eBay as debit network clients

Payments Dive

The payment processing giant has signed more than a dozen large e-commerce clients following the Federal Reserve’s clarification of the debit routing rule.

Payments 273
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Member business lending: How to leverage MBL for credit union growth

Abrigo

Develop an MBL program while mitigating risk Credit unions looking for alternate paths to growth in today's rising rate environment may be primed to leverage member business lending. You might also like this upcoming webinar, "Relationship banking: 7 Keys to extraordinary results." Register Takeaway 1 Credit unions developing or tightening up an existing MBL strategy should start by engaging the board of directors to outline goals.

Lending 221
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USDA offers online payment tool for farm loan borrowers

Payments Dive

The new online option will give farmers and ranchers an alternative to making payments by phone, mail or visits to a USDA office.

Online 221
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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.

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Why boosting your check fraud prevention is worth the effort

Abrigo

4 Reasons better check fraud prevention is a good investment Check fraud is on the rise. Learn how you can save time and money in the long run by updating check fraud prevention capabilities today. You might also like this on-demand webinar explaining how fraudsters use checks to their advantage. WATCH Takeaway 1 Check fraud prevention is critical, especially as this costly fraud typology continues to trend upward in financial institutions.

Fraud 221

More Trending

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How Alliant Credit Union grew deposits by $500 million in 2023

American Banker

The $18.5 billion-asset institution saw member growth increase by 22% year-over-year and fund levels surge in the first six months of last year after deploying a new deposit origination platform.

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Crypto payments app Oobit Raises USD 25 mln in Series A funding

The Paypers

Singapore-based cryptocurrency payments app Oobit has raised USD 25 million in Series A funding round led by Tether.

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Simplified Documentation - SHF Loans

Commercial Lending USA

Looking for commercial loans in the USA? Commercial Lending USA specializes in arranging commercial mortgages for businesses and commercial purposes nationwide. Get the funding you need today!

Lending 76
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UBS to complete Credit Suisse integration by 2026

BankInovation

UBS continues to integrate Credit Suisse into its operations, dealing with high general and administrative costs related to the acquisition.

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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.

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KYP partners with NeoGames

The Paypers

Know Your Partner (KYP) has collaborated with NeoGames , becoming the latter’s real-time data orchestration and risk monitoring platform.

Data 74
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Fiserv payments revenue up 3% to $1.8B

BankInovation

Fiserv saw an increase in payments revenue during the fourth quarter as its financial institution clients looked to join new payment rails and grow deposits. Payments revenue during Q4 increased 3% year over year to $1.8 billion, according to Fiserv’s earnings supplement.

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Concerns about New York Community mount after chief risk officer's exit

American Banker

The regional bank's stock price again fell by double digits on Tuesday, marking the fourth daily decline of at least 10% in the last week. The latest shoe to drop was the news that Chief Risk Officer Nicholas Munson left the company early this year.

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Podcast: FIs invest in digital experiences, AI and data

BankInovation

Financial institutions are looking to technology providers to keep up with digital capabilities requested by clients.

Data 69
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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.

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Yellen refuses to back banking agencies' Basel play

American Banker

Treasury Secretary Janet Yellen repeatedly demurred when invited to expound on the Basel III capital proposal, but didn't hold back her criticisms of the Securities and Exchange Commission's safeguarding rule and its consequences for banks' custody businesses.

Capital 62
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Navigating the Evolving Landscape of AI in Loan Technology

BankInovation

In Informed’s 2023 loan technology survey, a noteworthy 68% of organizations reported harnessing the power of artificial intelligence (AI) in loan processing and funding. (This year’s report isn’t yet out, but spoiler alert – this number rose to 76%) The statistic underscores a significant shift in the industry towards embracing cutting-edge technology.

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Driving Business Outcomes for a Customer with the Power of Cisco Catalyst Center

Cisco

In today’s rapidly evolving financial services landscape, technology plays a crucial role in enabling business outcomes. Cisco is at the forefront of these technological advancements.

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Unacceptable phrases

Realwired Appraisal Management Blog

“Good neighborhood”, “student” and “family room” are risible unacceptable words for appraisals. But what other phrases should truly be deemed unacceptable? My biggest (by far) pet peeve for our valuation space is… Unacceptable Phrase #1: “We’ve Always Done It This Way” This phrase reflects resistance to change.

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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.

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To compete with fintechs, banks need to radically reimagine themselves

American Banker

The biggest banks need to get creative about the kinds of products and services they offer, and their efforts to attract a broader customer base.

Fintech 48
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HFS Research partners with AML RightSource

The Paypers

HFS Research has partnered with AML RightSource in order to release a study on individuals and teach imperatives that drive new automation in fincrime compliance.

Study 45
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Regulators initiate regulatory lookback process

American Banker

The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency Tuesday issued the first in a series of requests for comment on all aspects of the regulatory apparatus as part of a required decennial review.

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CYBERA integrates Chainalysis

The Paypers

CYBERA has announced its integration with Chainalysis , aiming to provide government agencies and compliance teams with blockchain insight.

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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.

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A painful year looms for issuers of middle-market consumer credit cards

American Banker

Delinquencies and charge-offs are set to climb over the next several months, as lenders tighten underwriting policies and credit lines while facing downward pressure on late-payment fees.

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Vast Bank to shut down its mobile crypto app

The Paypers

Vast Bank has decided to shut down its mobile crypto app and exit the cryptocurrency industry after receiving a consent order from the Office of the Comptroller of the Currency (OCC) in October 2023.

Mobile 45
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Why Financial Trauma is More than Just a Buzzword for Banks

The Financial Brand

This article Why Financial Trauma is More than Just a Buzzword for Banks appeared first on The Financial Brand. Financial trauma can seriously impact people's relationships with money and banks can do a better job of supporting them. This article Why Financial Trauma is More than Just a Buzzword for Banks appeared first on The Financial Brand.

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AffiniPay launches In-Person Payments

The Paypers

US-based payment service provider AffiniPay has rolled out In-Person Payments, enhancing efficiency and client experience with easy integration and Tap-to-Phone technology.

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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.