Fri.Mar 08, 2024

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Apple reverses decision on blocking Epic

Payments Dive

“We are moving forward as planned to launch the Epic Games Store and bring Fortnite back to iOS in Europe,” Epic said following the change.

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Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

Bank wire fraud is growing and becoming more complex. Here are a few simple things you, as a financial crime professional, can do to slow it down. Would you like other articles like this in your inbox? Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today. Takeaway 2 Transnational criminal organizations commit b ank wire transfer fraud and use a variety of techniques to make Americans their victims.

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Fleetcor invests in Brazilian mobile app business Zapay

Payments Dive

Fleetcor’s investment this week follows other payments companies, including Visa, in investing in Brazilian businesses.

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VA Proposes Supplemental Refinance Loan Rule

CFPB Monitor

As previously reported , in November 2022 the Department of Veterans Affairs (VA) issued a proposal to update its rules for interest rate reduction refinancing loans (often referred to as “IRRRLs”) to conform with VA loan refinance provisions in the Economic Growth, Regulatory Relief, and Consumer Protection Act, which was enacted in 2018, and the Protecting Affordable Mortgages for Veterans Act of 2019.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Financial Planning & Women

BankBazaar

This International Women’s Day, we are happy to bring to you a primer on financial planning written keeping women at the centre. Taking the first steps to financial independence is difficult regardless of your gender. However, women face some hurdles unique to them, leaving them with a disadvantage when it comes to finances. This can have a far-reaching impact on the financial and emotional well-being of women, and by extension, their families.

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More Trending

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Bank apps share too much data: Consumer Reports

American Banker

The consumer nonprofit reviewed 10 banking apps and flagged that transparency and inclusivity practices on the financial institutions' websites don't always carry over to their mobile apps.

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Mastercard implements executive oversight on gen AI

BankInovation

To ensure that data is handled responsibly, Mastercard uses an established set of data and tech responsibility standards as well as additional senior executive oversight on all generative AI applications.

Data 72
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Mastercard, Dwolla using open banking to pursue separate markets

American Banker

In unrelated initiatives, the two companies are extending their use of open banking to create deeper client relationships.

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Introducing Glances: The Next-Gen Integration App for Banks

Realwired Appraisal Management Blog

“We tried to do an integration with our LOS, it was a huge lift. It was awful, took a ton of human capital to get it done.” We hear this a lot. Custom API integrations are complex, time-consuming and can be wildly expensive.

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How a Managed Services Partner Can Reduce the Friction in Your RDC Program

Treasury teams at community banks face an ongoing challenge of delivering frictionless customer experiences as they support treasury products – especially RDC. This infographic focuses on the efficiencies community banks gain when partnering with a proven managed services provider. You’ll see the advantages you can gain when a managed services partner leverages online tools, skilled customer and technical support personnel, and fulfillment and logistics capabilities to streamline RDC fulfillment

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Top 8 ATM software solutions

ATM Marketplace

Here are the top ATM software solutions to get your ATM up and running.

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Open banking: An opportunity for banks to sell data

BankInovation

Banks are looking for ways to monetize the sharing of consumer data as open banking regulations are passed across the globe.

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PayPal adds support for iPhone payments, BNY Mellon's Regelman exits

American Banker

PayPal expands Tap to Pay for iPhone payments; BNY Mellon's securities services leader exits; FleetCor rebrands as Corpay; and more in this week's banking news roundup.

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Tap-to-Pay on iPhone live for Venmo business and PayPal Zettle in the US

The Paypers

US-based online payments gateway service provider PayPal has announced that Tap-to-Pay on iPhone is available for Venmo business profiles and PayPal Zettle users in the US.

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Budget Playbook for Commercial Lenders — Bank and Credit Union Edition

Amid market uncertainty, banks and credit unions are faced with critical decisions about the future of their commercial lending. With fluctuating interest rates and rising competition from non-bank lenders, it's critical to allocate your 2025 budget strategically to optimize lending operations. Our Budget Playbook for Commercial Lenders delivers key strategies to help you navigate these challenges, ensuring your institution is well-positioned for the coming year.

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Fed finalizes risk management rule for 'financial market utilities'

American Banker

The rule updates requirements for how systemically important clearing networks prepare for and respond to operational risks.

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xpate partners with Mambu

The Paypers

xpate has announced its partnership with Mambu in order to offer customers in Europe optimised payment solutions by using the latter’s cloud banking platform.

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One year after SVB's collapse, it's time to reform banker pay

American Banker

Bipartisan legislation is ready for consideration in the Senate, but even if that fails, regulators have the tools they need to rein in excessive risk taking.

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Tarabut and BENEFIT form Open Banking partnership in Bahrain

The Paypers

Tarabut has partnered with Bahrain-based fintech BENEFIT to launch a consent authentication method that streamlines Bahrain’s Open Banking ecosystem.

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It Takes Two to Tango

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.

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Biden's speech elicits mixed reaction from housing industry

American Banker

Regulatory reform – rather than Biden's proposed solutions – is needed to fix the inventory crisis, some say, but others applauded the president's buyer cost-cutting initiatives.

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Hertz collaborates with Stripe

The Paypers

Financial infrastructure platform for businesses Stripe has announced its collaboration with The Hertz Corporation to enable payments for the latter’s Hertz, Dollar, and Thrifty car rental brands.

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What former FHFA Director Mark Calabria foresees for housing

American Banker

Here's how the former regulator thinks Fannie Mae and Freddie Mac could exit conservatorship and where he sees the residential market headed this year and next.

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Xsolla launches new payment methods

The Paypers

Xsolla has launched new payment methods, aiming to provide gamers in the region of Africa with access to Embedded Finance solutions and instant earnings.

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The 2024 Lenders Guide to Automating the Complex Loan

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.

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TD Bank Deploys Apple’s Tap to Pay with iPhone to Grow Its SMB Lineup

The Financial Brand

This article TD Bank Deploys Apple’s Tap to Pay with iPhone to Grow Its SMB Lineup appeared first on The Financial Brand. TD joins early adopters like J.P. Morgan Payments, Square and Stripe in empowering merchants to use iPhones as payment terminals. This article TD Bank Deploys Apple’s Tap to Pay with iPhone to Grow Its SMB Lineup appeared first on The Financial Brand.

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Kiwibank goes live with ACI Worldwide's solution

The Paypers

ACI Worldwide has announced that Kiwibank has successfully gone live with its Enterprise Payments Platform to process all of its A2A real-time payments.

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Biden, Republicans clash over card fees

Payments Dive

President Biden and Republican lawmakers sparred Thursday over credit card late fees, as some House members also challenged the Federal Reserve’s proposed cap on debit card fees.

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CFPB lowers credit card late fees to USD 8

The Paypers

The Consumer Financial Protection Bureau has finalised a rule that bans excessive credit card late fees, lowering typical fees from USD 32 to USD 8.

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Confronting the Change Challenge

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.