Payments Dive

SEPTEMBER 22, 2023

How many companies does it take to process a credit card payment?

Payments 468

Payments Cards Company 468

SWBC's LenderHub

SEPTEMBER 22, 2023

In a vast—and largely digital—lending landscape, big banks and FinTechs often hog most of the financial glory. They’re more visible and have slick advertising that suggests they’re the best and safest bet for a person’s financial future.

Lending 147

Lending Fintech 147

Payments Dive

SEPTEMBER 22, 2023

Consumer outlays for electronics and at restaurants are expected to boost expenditures this year, according to the card network.

Cards 273

Cards 273

BankUnderground

SEPTEMBER 22, 2023

Josh Martin and Julian Reynolds How much have higher import prices increased consumer prices in the UK and euro area? This post explores this question using a framework grounded in some fundamental economic and national accounting concepts. Starting with the GDP price, we adjust for relative import and export prices to arrive at a consumer prices measure – this gives us a sense of the impact of import prices and the terms of trade shock on consumer price inflation.

National 124

National Policies Data US 124

Advertisement

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.

Groups

ATM Marketplace

SEPTEMBER 22, 2023

What is the metaverse good for? A panel at the Interactive Customer Experience Summit debated this topic.

Customer Experience 121

Customer Experience 121

American Banker

SEPTEMBER 22, 2023

The nation's largest bank, which acquired the remains of San Francisco-based First Republic following its failure this spring, has completed its plans to close 21 offices this year. But the consolidation effort is likely to continue.

San Francisco 93

San Francisco National 93

Jack Henry

SEPTEMBER 22, 2023

All new technology is born out of purpose. For example, search engines were created to sort through the massive amounts of data online. And with every upgrade or enhancement, technology compounds itself to create something better. And on and on it goes.

Examples 88

Examples Online Technology Data 88

American Banker

SEPTEMBER 22, 2023

The move to create data consortia and proprietary information networks is creating exactly the kind of information silos that money launderers exploit today.

Trends 92

Trends Data Compliance Security 92

BankInovation

SEPTEMBER 22, 2023

Financial super app Curve raised $163 million in a series C round this week, even as global fintech funding has dropped significantly. Not only has funding dropped due to uncertain macroeconomic conditions and rising global interest rates, but the number of deals has also decreased.

Fintech 77

Fintech Report Capital 77

Advertiser: ZoomInfo

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.

Analysis

American Banker

SEPTEMBER 22, 2023

Federal Reserve Board Gov. Lisa Cook said artificial intelligence holds great promise for the economy, but stressed the importance of human choice in decision making, both financial and otherwise.

Policies 81

Policies Compliance Technology Regulation 81

BankInovation

SEPTEMBER 22, 2023

AI development has traditionally been reserved for specific coders with advanced training, but with generative AI, financial institutions can look to citizen coders. According to research and advisory group Gartner, citizen developers, or citizen coders, are employees of a company, in this case bank, that innovate outside of the traditional IT setting.

Training 69

Training Groups Innovation Company 69

American Banker

SEPTEMBER 22, 2023

Thomas Nides, a former U.S. ambassador to Israel and longtime Morgan Stanley executive, will take over the megabank's public affairs division as its work to fix regulatory concerns continues. He succeeds Bill Daley, the former chief of staff to President Barack Obama, who recently announced his retirement from Wells.

Industry 78

Industry 78

The Paypers

SEPTEMBER 22, 2023

UK-based remittance platform Wise has integrated Apple Pay and Google Pay for cardholders in Malaysia.

Google 69

Google Apple 69

Advertisement

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.

Lending

American Banker

SEPTEMBER 22, 2023

At the Sibos conference this week, cybersecurity leaders at banks and other experts debated how to train employees to thwart threats that are intensified by AI.

Training 73

Training Conference Security How To 73

TheGuardian

SEPTEMBER 22, 2023

Bank of England halts run of base rate rises but borrowers still have much to ponder This week’s decision by the Bank of England to hold the base rate at 5.25% after 14 back-to-back rises has left borrowers sighing with relief. It was a close-run thing, with almost half of the monetary policy committee voting for a further increase, and it is not clear if it heralds an end to these or only a pause.

Policies 66

Policies 66

American Banker

SEPTEMBER 22, 2023

The top five banks have an average reputation score among noncustomers of 70.7 in 2023.

Industry 69

Industry 69

ABA Community Banking

SEPTEMBER 22, 2023

With the availability of credit card rewards at stake under the Durbin-Marshall credit card bill, bill sponsor Sen. Roger Marshall dismisses consumer concerns about their rewards. The post Podcast: Credit card rewards are for all people appeared first on ABA Banking Journal.

Cards 52

Cards Community Bank Policies Community 52

Advertiser: ZoomInfo

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.

Capital

American Banker

SEPTEMBER 22, 2023

The company's scale has helped it become a force in many payment niches, but that wasn't enough to make its PYUSD coin an immediate threat to Tether's USDT and Circle's USDC.

Payments 68

Payments Company 68

The Paypers

SEPTEMBER 22, 2023

ID verification solution provider Shufti Pro has partnered with Newton Global to enhance the latter’s online security and KYC compliance.

Compliance 45

Compliance Security Online 45

American Banker

SEPTEMBER 22, 2023

Northwest Bank starts search for new CFO; Plains State Bank acquires wealth management, tax businesses; Bank of America names new heads for North America industrials banking; and more in the weekly banking news roundup.

America 56

America Taxes Industry Management 56

The Paypers

SEPTEMBER 22, 2023

Asset Reality , an end-to-end seized asset solution platform, has integrated with Fireblocks , a platform to manage digital asset operations and build businesses on the blockchain.

blockchain 45

blockchain Operations Management 45

Advertisement

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.

Operations

The Financial Brand

SEPTEMBER 22, 2023

This article How Banks and Fintechs Can Get the Best Results from Their Partnerships appeared first on The Financial Brand. Bank and fintech leaders share advice on what makes for an effective collaboration with strong results. Both sides have a lot to gain. This article How Banks and Fintechs Can Get the Best Results from Their Partnerships appeared first on The Financial Brand.

Fintech 36

Fintech Branding 36

The Paypers

SEPTEMBER 22, 2023

Vero Technologies , a wholesale financing technology and loan servicing platform, has announced the close of its Series A funding round, led by venture capital fund BankTech Ventures.

Technology 45

Technology Capital 45

American Banker

SEPTEMBER 22, 2023

Recordkeeping lapses lead to fines as looming government shutdown threatens SEC workload.

Security 36

Security Compliance Regulation 36

The Paypers

SEPTEMBER 22, 2023

US-based VendorInfo has announced the launch of its Automated Bank Account Verification tool, in order to prevent fraud for its management portal.

Tools 41

Tools Fraud US Management 41

Advertiser: ZoomInfo

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.

How To