American Banker
MARCH 11, 2024
Midsize lenders have largely defied the most dire predictions following Silicon Valley Bank's demise. But the nation's largest banks still have structural advantages, and the regionals remain hampered by their real-estate heavy portfolios and the continuing impact of high interest rates.
Payments Dive
MARCH 11, 2024
“We are all in an arms race to protect this ecosystem, to protect the network,” Visa CEO Ryan McInerney said at an investor conference last week.
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The Paypers
MARCH 11, 2024
US-based payment technology corporation Mastercard has partnered with Europe-based paytech Nexi to support Open Banking payments in Europe.
Payments Dive
MARCH 11, 2024
The bank’s payments unit plans to engage in more pilots this year before rolling out the checkout service broadly next year, said Prashant Sharma, JPMorgan’s executive director of biometrics and identity solutions.
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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.
American Banker
MARCH 11, 2024
Later this month, a federal judge will hear arguments over whether an animal rights group may proceed with its lawsuit that says an industrial ag company violated state and federal animal-protection laws and as a result must repay its Paycheck Protection Program loan.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankInovation
MARCH 11, 2024
Bristol, U.K.-based ClearBank has applied for a license to expand its services to Europe in search of growth. ClearBank officials are hopeful for approval from the European Central Bank in the second quarter, Paul Staples, group head of embedded banking, told Bank Automation News.
American Banker
MARCH 11, 2024
TD Bank is among the latest to support Tap to Pay, which allows clients to accept contactless payments on their personal smartphones. Through its investment in Autobooks, it enables others to do the same.
BankInovation
MARCH 11, 2024
To keep up with consumer demand for digital capabilities, Bank of America’s inventors focus on solving client problems and removing friction through innovation and patent efforts. In 2023, the $3.2 trillion bank was granted 644 patents, up 6% year over year from 2022, according to a bank press release.
American Banker
MARCH 11, 2024
Bank of America, Citi and Navy Federal are among banks and credit unions to recently manage through unforeseen challenges.
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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
BankInovation
MARCH 11, 2024
Bristol, U.K.-based ClearBank has applied for a license to expand its services to Europe in search of growth. ClearBank officials are hopeful for approval from the European Central Bank in the second quarter, Paul Staples, group head of embedded banking, told Bank Automation News.
The Paypers
MARCH 11, 2024
The European Data Protection Supervisor (EDPS) has investigated the European Commission 's use of Microsoft 365 and found several violations of data protection rules.
American Banker
MARCH 11, 2024
Sound Credit Union said it would acquire Washington Business Bank in a cash deal slated to close in the fourth quarter.
The Paypers
MARCH 11, 2024
The European Union has revealed a Digital Identity Wallet in a bid to cater to the needs of its citizens, residents, and businesses.
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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.
American Banker
MARCH 11, 2024
Sen. Bill Hagerty, R-Tenn., and Sen. Elizabeth Warren, D-Mass., sent separate letters to banking regulators on the anniversary of the failure of Silicon Valley Bank, with Hagerty questioning the Federal Deposit Insurance Corp.'s sale of Signature Bank's assets and Warren urging the regulators to tighten capital and liquidity requirements.
The Paypers
MARCH 11, 2024
Fingerprints has announced its partnership with Thales and Garanti BBVA in order to launch a biometric payment card for customers in the region of Türkiye.
American Banker
MARCH 11, 2024
Federal Deposit Insurance Corp. vice chair Travis Hill Monday criticized his agency's lack of clarity on digital assets, warning that the current approach risks hindering U.S. influence in the global rollout of blockchain at banks.
The Paypers
MARCH 11, 2024
2innovate has announced its partnership with Paymentology in order to optimise operational efficiency and security in the Latin American financial ecosystem.
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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.
American Banker
MARCH 11, 2024
"Don't fight the Fed" is the mantra of investors. But, when the Fed does not allow banks to meet the needs of their communities and shareholders through unfair regulations, like the politically motivated CRA final rule, bankers have no choice but to go to court to seek regulatory justice.
The Paypers
MARCH 11, 2024
Travel technology company Amadeus has announced the acquisition of Voxel , an electronic invoice and B2B payment solution provider, aiming to improve the overall travel payment experience.
The Financial Brand
MARCH 11, 2024
This article Rebranding Is Expensive, Time-Consuming – and Essential appeared first on The Financial Brand. How financial institutions are refreshing their brands with messaging that taps into the emerging priorities of their customers. This article Rebranding Is Expensive, Time-Consuming – and Essential appeared first on The Financial Brand.
The Paypers
MARCH 11, 2024
Ant Group , the fintech affiliate of Alibaba Group Holding, has increased the mobile payment transaction limits for overseas visitors to Alipay and international e-wallets in China.
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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 Financial Brand
MARCH 11, 2024
This article Why Credit Unions Are Primed to Revolutionize Financial Services in the U.S. appeared first on The Financial Brand. Younger consumers are ready to become credit union customers, if the industry leans into its strengths, powered by digital technology. This article Why Credit Unions Are Primed to Revolutionize Financial Services in the U.S. appeared first on The Financial Brand.
The Paypers
MARCH 11, 2024
Nigeria-based fintech Flutterwave has announced its intentions to discontinue Barter, a virtual card service, aiming to focus on its enterprise and remittance segments.
American Banker
MARCH 11, 2024
While some said the agency was ignorant of its own rules, one trade group praised the goals of the posting.
The Paypers
MARCH 11, 2024
Open Finance company Brankas has signed a Memorandum of Agreement (MoA) with PeekUp Pay , to support the latter with instant disbursement in the PeekUp Driver app.
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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.
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