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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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.
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.
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.
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
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.
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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
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.
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.
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.
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.
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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.
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.
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
Digital asset investment management platform Haruko has secured USD 6 million in a Series A funding round to facilitate its expansion into Southeast Asia.
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.
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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.
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
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
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
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.
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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 Paypers
JULY 16, 2024
The Saudi Central Bank (SAMA) has announced the launch of Naqd, a government banking services platform that focuses on digitising the financial services of government agencies.
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
Poland's antitrust and consumer protection authority, UOKiK , has fined PayPal Europe USD 27.3 million for inadequately detailing activities subject to penalties in its contractual clauses.
American Banker
JULY 16, 2024
The Wall Street investment bank saw its profits rebound in the second quarter as last year's decline in mergers continued to thaw, a sign that the company's bread-and-butter business of arranging mergers is returning to full gear.
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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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