ATM Marketplace

OCTOBER 27, 2023

What does Gen Z actually want from banks and businesses? A panel of Gen Zers discussed what they look for.

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112

Payments Dive

OCTOBER 27, 2023

The purchase continues a spate of payments industry acquisitions this month, and will let the fleet management services company cross-sell more software.

Software 448

Software Industry Management Payments 448

CFPB Monitor

OCTOBER 27, 2023

Recently the U.S. Department of Justice (DOJ) entered into a proposed consent order with Ameris Bank to resolve allegations of redlining from 2016 through 2021 in majority Black and Hispanic areas in the Bank’s Jacksonville, Florida assessment area under both the Equal Credit Opportunity Act (ECOA) and Fair Housing Act. In conjunction with the announcement of the proposed consent order, Attorney General Merrick Garland provided an update on the DOJ’s Combating Redlining Initiative that was launc

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Jacksonville Florida Lending 148

Payments Dive

OCTOBER 27, 2023

The error, first disclosed by the company in July, affected merchants and merchant acquirers.

Cards 433

Cards Company 433

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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.

Groups

TheGuardian

OCTOBER 27, 2023

Two-point rate rise surprises analysts as central bank blames 6.6% inflation on consumer demand Business live – latest updates Russia’s central bank has increased interest rates by more than expected to 15% after the war-torn economy suffered a steep rise in inflation. The economy’s limited capacity to respond to an increase consumer demand was blamed by the bank for the rise in inflation to 6.6% in October from 6% in the previous month.

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102

Commercial Lending USA

OCTOBER 27, 2023

Bridge lending is a crucial financial instrument that helps in the execution of real estate deals and business projects. It functions as a transitional financial bridge, closing the gap between an immediate need for money and the more permanent financing that may be forthcoming.

Lending 98

Lending 98

Payments Dive

OCTOBER 27, 2023

The payments acceptance company is racking up partnerships to expand services under Worldline ownership.

Payments 221

Payments Company 221

CFPB Monitor

OCTOBER 27, 2023

On October 25, 2023, the Consumer Financial Protection Bureau (CFPB) released its sixth consumer credit card market biennial report to Congress as required under the Credit Card Accountability Responsibility and Disclosure Act (CARD Act). The report focuses on industry market dynamics, use of credit, cost of credit, availability of credit, and issuer practices.

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Cards Report Industry Marketing 88

Payments Dive

OCTOBER 27, 2023

As C-suite responsibilities change, the gap between roles such as the CFO and chief operating officer is narrowing.

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Operations 221

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

OCTOBER 27, 2023

JP Morgan Chase and Carver Federal Savings are applying fast-acting security tools more broadly — regardless of how fast the transaction is.

Fraud 81

Fraud Tools Payments Security 81

CFPB Monitor

OCTOBER 27, 2023

On October 19, 2023, the Department of Justice (DOJ) announced that its Combating Redlining Initiative has resulted in over $107 million in relief for communities adversely affected by lending discrimination by mortgage lenders. This comes on the same day DOJ announced its $9 million settlement with Ameris Bank, it’s most recent redlining case.

Lending 78

Lending Community 78

TheGuardian

OCTOBER 27, 2023

Competition for savers’ cash is putting pressure on its finances, says group NatWest decision to close Farage’s accounts was lawful – report Business live – latest updates NatWest has downgraded its profitability outlook and warned that competition for savers’ cash is putting pressure on its finances, sending its shares plunging. Investors were spooked by a predicted drop in the bank’s net interest margin (NIM), which accounts for the difference between what is charged for mortgages and paid on

Groups 75

Groups Report Marketing 75

CFPB Monitor

OCTOBER 27, 2023

On October 13, 2023, the California Department of Financial Innovation (DFPI) published final regulations implementing the Student Loan Servicing Act (“SLSA”) and the Student Loans: Borrower Rights Law. The final regulations are the culmination of two sets of proposed regulations from the DFPI, which we previously covered here. The final regulations become effective January 1, 2024.

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California Regulation Innovation 78

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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.

Lending

BankInovation

OCTOBER 27, 2023

Capital One’s technological advances allowed the bank to expand underwriting, modeling and marketing in the third quarter of 2023. “Our modern technology capabilities are generating an expanding set of opportunities across our businesses,” Chief Executive Richard Fairbank said during the bank’s Q3 earnings call Thursday.

Capital 74

Capital Technology Examples Marketing 74

American Banker

OCTOBER 27, 2023

The credit card company has been seeing late payments and charge-offs jump following the stellar credit trends of the pandemic. But there were signs last quarter that the picture has started to stabilize.

Capital 74

Capital Trends Cards Payments 74

BankInovation

OCTOBER 27, 2023

NatWest is looking to customer data to drive deposits amid uncertain macroeconomic conditions. The $890 billion bank is dealing with inflationary pressures and working to reduce costs. Technology is part of the strategy, Chief Executive Paul Thwaite said during the bank’s third-quarter earnings call today.

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Data Strategy Technology Retail 74

American Banker

OCTOBER 27, 2023

Large language models were a big part of the discussion during the company's earnings call on Thursday.

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Report Company Technology 69

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

BankInovation

OCTOBER 27, 2023

Amazon, Google, IBM and Microsoft remained steadfast in their commitment to AI investment as cloud revenue continued to rise across the board in the third quarter.

Google 74

Google Technology 74

American Banker

OCTOBER 27, 2023

Bankers show a lot of interest in advanced AI, as well as a daunting list of challenges, according to American Banker's innovation readiness survey.

Survey 59

Survey Innovation Technology 59

BankInovation

OCTOBER 27, 2023

Citigroup Inc. is planning to grant the majority of its over 40,000 coders access to generative artificial intelligence as Wall Street continues to embrace the burgeoning technology.

Capital 69

Capital Technology 69

The Paypers

OCTOBER 27, 2023

Itaú Unibanco and Inswitch have launched Pix no mundo, a solution that allows Brazilians abroad to use the Pix payment system for purchases and transactions across Latin America.

America 50

America System Payments 50

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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.

Operations

American Banker

OCTOBER 27, 2023

The San Antonio bank reported a 14% increase in noninterest expenses and a 7% jump in loans. "We're not trying to be successful by shrinking," said CEO Phil Green.

San Antonio 48

San Antonio Report Strategy 48

The Paypers

OCTOBER 27, 2023

UK-based Embedded Finance platform Railsr has restarted its operation after raising GBP 20 million in a funding round.

Operations 45

Operations 45

American Banker

OCTOBER 27, 2023

The Federal Reserve's vice chair for supervision said FedNow and digital currencies are important areas for research, but not at the expense of legacy systems like cash and debit.

System 45

System Innovation Payments Compliance 45

The Paypers

OCTOBER 27, 2023

Featurespace , an enterprise-grade technology provider that prevents fraud and financial crime, has launched TallierLTM, a Large Transaction Model (LTM).

Fraud 41

Fraud Technology 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.

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