Payments Dive

JULY 26, 2024

“Interfaces need to be standardized to ensure a consistent and reliable payment experience for businesses and consumers,” writes one payments software executive.

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BankInovation

JULY 26, 2024

Chicago-based Alliant Credit Union has selected Jamie Warder as its chief information officer and head of business strategy, effective July 8. In his new role, Warder is responsible for the technology and business strategy at the $20 billion credit union, according to a company release.

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Payments Dive

JULY 26, 2024

PayPal’s chairman of nine years left that post this week, and was replaced by one of the board’s newer members.

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American Banker

JULY 26, 2024

Financial institutions that entered the space before regulatory oversight intensified need to calculate whether the price of talent, risk planning, and technology is worth the return.

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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

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ATM Marketplace

JULY 26, 2024

Banking privacy is a huge issue for customers. Here are five ways to improve it.

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BankInovation

JULY 26, 2024

NatWest is interested in investing in technologies that it may have use for, such as payments solutions provider Icon Solutions. “That’s how the conversation started around [NatWest’s] investment,” Tom Kelleher, founder and commercial director at Icon Solutions, told Bank Automation News.

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TheGuardian

JULY 26, 2024

With Bank of England meeting on 1 August, people are advised to take advantage of top-paying accounts now Experts are split on whether there will be a UK interest rate cut on Thursday but most agree on one thing: savers should “act now” to lock into the best rates while they are still available. All eyes will be on the Bank of England’s monetary policy committee when it meets on 1 August, although while some believe we could see it announce the first base rate cut in more than four years, others

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American Banker

JULY 26, 2024

First Foundation in Dallas recently got a $228 million capital injection led by Fortress Investment Group. Now it's announced plans to pivot away from its heavy focus on multifamily loans, which lost value as interest rates rose.

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TheGuardian

JULY 26, 2024

Bank left with costs from Sir Trevor McDonald-fronted campaign after early election halted rollout Business live – latest updates NatWest was forced to spend £24m on the former Conservative government’s aborted “Tell Sid” advertising campaign featuring Sir Trevor McDonald , which would have resulted in a chunk of the bank’s state-owned shares being sold to the general public in a highly anticipated privatisation drive.

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Bussman Advisory

JULY 26, 2024

This week’s must-know stories in the FinTech, AI and Digital Asset space. The latest edition of the FinTech Ecosystem Newsletter is here: Image Credits: shutterstock.com The post OpenAI launches SearchGPT | Revolut wins UK banking licence | UniCredit to acquire Vodeno and Aion appeared first on Bussmann Advisory AG.

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Commercial Lending USA

JULY 26, 2024

Have you ever wanted to start from scratch and build your dream? Choosing hard money lenders for new construction projects can be challenging, but the options are endless.

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The Paypers

JULY 26, 2024

The US House of Representatives has approved a bill aimed at forming a working group focused on addressing terrorism and illicit financing related to digital assets.

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American Banker

JULY 26, 2024

The trend of credit unions buying banks is a lightning rod for controversy in the banking industry. Despite this, such mergers are increasingly common.

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Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w

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The Paypers

JULY 26, 2024

Payment solutions provider PayTabs Group has entered a channel partnership with Digital Haze to advance business operations across the Levant region.

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American Banker

JULY 26, 2024

Ending a five-year M&A hiatus, the Wheeling, West Virginia-based company has agreed to pay $959 million in stock for Premier Financial in Defiance, Ohio.

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The Paypers

JULY 26, 2024

Global payments platform Thredd has entered a partnership with Spendbase , with the move supporting the latter’s expansion into North America.

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American Banker

JULY 26, 2024

Despite being a top concern for a wide swath of voters, housing affordability has largely been absent from presidential politics.

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Policies 45

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

A good, fast, clean audit leads to a happy work life. Join us in this one-hour webinar, where we share the best ways to prepare and conduct your audit process to maximize audit satisfaction and minimize administrative time in month-end close and financial reporting. Learning objectives: This course objective is to review leading practices to maximize audit success.

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The Paypers

JULY 26, 2024

Enterprise technology and telecommunication company Lumen Technologies has entered a strategic collaboration with Microsoft to advance AI capabilities and digital transformation.

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American Banker

JULY 26, 2024

Fulton Financial taps Valley National's Richard Kraemer as its new CFO; UBS' veteran private banker Jenny Su has left the firm; Bank of America names Kevin Brunner head of global technology, media and telecommunications investment banking; and more in this week's banking news roundup.

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The Paypers

JULY 26, 2024

Digital banking startup Mercury has recently announced that it no longer serves US-domiciled customers with passports from certain countries, including Ukraine, Nigeria, and others.

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American Banker

JULY 26, 2024

The store-branded credit card company revised its revenue guidance upward on the assumption that the CFPB's late-fee cap won't take effect before 2025. Still, Bread is moving ahead with plans to make up some of the revenue that it stands to lose from the contested rule.

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Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se

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The Paypers

JULY 26, 2024

SWIVEL , a fintech company specialising in transaction enablement solutions, has announced its integration with Apple Pay , enhancing digital payment options for its clients.

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Fintech Labs Insights

JULY 26, 2024

As artificial intelligence becomes a clear competitive advantage in financial services, it’s time to register for the AI events you’re considering. For the most part, early-bird prices are still in effect, so you can easily save $1,000 or more on a pair of tickets. Take a close look now at our curated list of top fintech, banktech, payment tech and investech global conferences for 2024.

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Conference Fintech Las Vegas San Francisco 15

The Paypers

JULY 26, 2024

Zro Bank , a cryptocurrency payment company and IP4Y an issuer of electronic currency, have received authorisation from the Central Bank (BC) to become payment institutions.

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BankUnderground

JULY 26, 2024

Gabor Pinter, Emil Siriwardane and Danny Walker In September 2022 the interest rate on UK gilts rose by over 100 basis points in four days. These unprecedent market movements are generally attributed to two key factors: the 23 September announcement of expansionary fiscal policy – the so-called ‘mini-budget’ – which was then amplified by forced sales by liability-driven investment funds (LDI funds).

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