BankInovation
JULY 16, 2024
EverBank considers strong platforms and API-first integrations when selecting third-party vendors to modernize operations. “If we build good platforms that are API-first, we can plug in the best of the best [into the bank],” Lindsay Lawrence, executive vice president and chief operating officer, told Bank Automation News.
Payments Dive
JULY 16, 2024
The Federal Reserve’s nascent instant payments system has collected hundreds of bank participants across the country in its first year of operations, although a few major banks are holdouts.
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BankInovation
JULY 16, 2024
Morgan Stanley is using AI to improve efficiency and deepen the relationship between its advisers and customers. The bank is deploying technology to aid growth across its three divisions — investment banking, wealth management and institutional securities — Chief Financial Officer Sharon Yeshaya said during Morgan Stanley’s second-quarter earnings call today.
Payments Dive
JULY 16, 2024
The rise of digital wallets hasn't dampened prepaid card use, including the payroll cards some employers use to pay their workers.
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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.
ATM Marketplace
JULY 16, 2024
As it approaches its 200th anniversary, Liberty Bank is embracing major technological changes and investigating others.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
American Banker
JULY 16, 2024
Banks reported that they have far more protections against fraud in digital channels versus branches or call centers, according to survey research.
BankInovation
JULY 16, 2024
Bank of America continued to see digital adoption grow during the second quarter while keeping up with the digital needs of clients by looking to AI. “AI has moved from cost savings ideas to enhancing the quality of our customer interactions,” Chief Executive Brian Moynihan said during today’s second-quarter earnings call.
American Banker
JULY 16, 2024
Two Northeast banks will get new CFOs next month. Webster Financial hired Neal Holland, the former CFO of the failed First Republic Bank, and Eastern Bankshares hired David Rosato, who left Berkshire Hills Bancorp last month.
Commercial Lending USA
JULY 16, 2024
Do you need to start your construction project quickly? Lenders who come from the past can be slow and strict.
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.
American Banker
JULY 16, 2024
Early Warning Services CEO Cameron Fowler will join bank executives at an upcoming hearing in the Senate Permanent Subcommittee on Investigations to discuss fraud on the Zelle payments network.
The Paypers
JULY 16, 2024
Visa has announced the rollout of its Visa Instalment Credential (VIC), a dedicated credential for Buy Now, Pay Later (BNPL) products in Japan.
American Banker
JULY 16, 2024
The tech giant is enabling users to pay by holding smartphones together, potentially cutting into the market for Zelle, PayPal and Venmo.
The Paypers
JULY 16, 2024
The Bank of Korea (BOK) has signed a memorandum of understanding (MOU) with Bank Indonesia to enhance cross-border payment systems between South Korea and Indonesia.
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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.
American Banker
JULY 16, 2024
Bankers and financial services professionals should be monitoring the rollout of the EU Digital Identity Wallet initiative, as it signals changes likely to arrive in the U.S.
The Paypers
JULY 16, 2024
UK-based Thought Machine has partnered with digital wealth management solutions provider Quantifeed to augment the private banking sector worldwide.
American Banker
JULY 16, 2024
Federal Reserve Board Gov. Adriana Kugler said traditional data sets are slow and sometimes outdated. She pointed to housing services as a price category that can benefit from private data.
The Paypers
JULY 16, 2024
Digital asset investment management platform Haruko has secured USD 6 million in a Series A funding round to facilitate its expansion into Southeast Asia.
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.
American Banker
JULY 16, 2024
The superregional bank in Pittsburgh also reported a small quarter-over-quarter advance in interest income and reiterated expectations for a record year on that front in 2025.
The Paypers
JULY 16, 2024
Mexico-based OCN , previously known as OneCarNow, has announced that it secured USD 86 million in a Series A funding round, which included equity and debt.
The Financial Brand
JULY 16, 2024
This article Are Gen Zers the Most Dangerous Clients for Banks? appeared first on The Financial Brand. Gen Zers may present as riskier clients — but bankers that opt to ignore them stand to lose business long term. This article Are Gen Zers the Most Dangerous Clients for Banks? appeared first on The Financial Brand.
The Paypers
JULY 16, 2024
Online broker specialising in trading and investment platforms eToro has announced a new collaboration with SDA Bocconi.
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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.
American Banker
JULY 16, 2024
Should senior Senate Banking Committee member Bob Menendez, D-N.J., resign or be expelled from the Senate, it could derail key nominations — including that of Christy Goldsmith Romero for Federal Deposit Insurance Corp. chair.
The Paypers
JULY 16, 2024
India-based private bank Bandhan Bank has announced the launch of a new payment solution via the Bharat QR Code, developed for its Current account and Savings account customers.
American Banker
JULY 16, 2024
Federal Reserve chair Jerome Powell's term expires in 2026, and the chances are good that he will ride off into the sunset. But there is a path for him to be renominated for a third term, and he's defied long political odds before.
The Paypers
JULY 16, 2024
Switzerland-based banking software company Temenos has partnered with Visa to integrate Visa Direct with Temenos Payments Hub.
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.
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