Wed.Jun 19, 2024

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A Return to Marketing Loans: Here’s What You Should Know

Image Works Direct

For many financial institutions, the high-rate environment put promoting loans on the backburner. Because we’re now beginning to see loan rates improve and financial institutions return to marketing loans, I asked our Senior National Account Manager, Colin Walsh, for his perspective on all things loan generation.

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3 Key Takeaways from XLoD 2024

Perficient

Our risk and regulatory compliance experts, Carl Aridas and Chandni Patel, have just returned from XLoD 2024 in New York. The event brought together the world’s top financial institutions and regulators to discuss the future of non-financial risk and control. With over 500 industry professionals in attendance, it showcased the unwavering commitment to practical innovation within the field.

Exercises 221
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Balancing the human touch with AI — a Q and A with Marbue Brown

ATM Marketplace

Marbue Brown, author, consultant, and CX executive, shares strategies for balancing AI with the human touch in customer experience development, the topic of his panel at the ICX Summit in Charlotte, NC on September 9-11.

Charlotte 126
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Microsoft under fire for recent cybersecurity lapses

American Banker

Chinese and Russian hackers recently accessed government and company executives' email accounts, bringing scrutiny to the tech giant's security practices.

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Fall In Love With the Month-End Close

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.

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Securing Financial Systems: Mitigating Man-in-the-Middle (MITM) Attacks

ATM Marketplace

This article explores the threat landscape of Man-in-the-Middle (MITM) attacks on ATMs and ITMs, shedding light on the methods and goals of attackers. By placing a device between the ATM and the Host, attackers pursue objectives such as interception, eavesdropping, modification, and impersonation.

ATM 48

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EBA launches report on Embedded Finance

The Paypers

EBA has announced the launch of a new report, aimed at providing guidance for EBA members to understand the fundamental mechanism of Embedded Finance.

Report 45
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JPMorgan's battle with Viva Wallet may be over, France attracts payments tech

American Banker

A London judge has issued an order that could lead the bank to sell the Greek fintech, while two large French financial institutions plan to build a processor.

Fintech 78
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TerraPay, Thredd partner to improve payment solutions

The Paypers

UK-based payments service provider TerraPay has entered a collaboration with Thredd , choosing the latter to enable its virtual card payments for global suppliers.

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OneUnited releases Juneteenth TV ads, other institutions honor holiday

American Banker

A new debit card, a panel discussion and a concert are among the ways banks are commemorating the end of slavery in the U.S.

Cards 73
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5 Ways You Can Win Faster with Gen AI in Sales

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.

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Monavate partners with Know Your Customer

The Paypers

UK-based fintech Monavate has started collaborating with Know Your Customer to augment European compliance processes and increase trust in digital payments.

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Banks must understand their AI tools or risk running afoul of the law

American Banker

AI tools, such as large language models, offer the promise of increased efficiency; but they also carry with them potential legal and regulatory risks. Financial service providers will need to find a way to strike the right balance as technological advancements continue to emerge.

Tools 41
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Clip bags USD 100 mln in funding

The Paypers

Mexico-based digital payments and commerce enablement platform Clip has raised USD 100 million in funding to support growth plans.

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Banks must address bias in large language models

American Banker

All cultures have explicit and implicit biases. Preventing discrimination when large language models are involved starts with using high-quality human-curated data and text.

Data 41
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The Role of Automation in Commercial Lending

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.

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ESAs publish on the assessment of the SFDR

The Paypers

The ESA s have announced the publishing of a joint Opinion of the assessment of the Sustainable Finance Disclosure Regulation and a proposition for improvements.

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The Customer is King: Why the CMO Must Become the Customer Expert

The Financial Brand

This article The Customer is King: Why the CMO Must Become the Customer Expert appeared first on The Financial Brand. M&T Bank's chief marketing officer talks how inspiration from Asian markets could inspire U.S. banking innovation and more. This article The Customer is King: Why the CMO Must Become the Customer Expert appeared first on The Financial Brand.

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iDenfy launches risk assessment tool

The Paypers

Lithuania-based regtech provider iDenfy has announced the launch of its AI-enabled Customer Risk Assessment solution, completing its KYC/KYB/AML compliance suite.

Tools 41
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Beyond the Glass: Navigating the Future of Digital Banking with Galileo’s Derek White

The Financial Brand

This article Beyond the Glass: Navigating the Future of Digital Banking with Galileo’s Derek White appeared first on The Financial Brand. Live from The Financial Brand Forum 2024, Derek White shares insights on the opportunities in digital banking and the importance of measuring digital maturity. This article Beyond the Glass: Navigating the Future of Digital Banking with Galileo’s Derek White appeared first on The Financial Brand.

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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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Swan expands its Embedded Finance platform in Milan

The Paypers

European fintech Swan has announced the expansion of its Embedded Finance platform in the region of Milan, aiming to unlock a lucrative market for Italian businesses.

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In the fight against junk fees, don't neglect international payments

American Banker

The Biden administration should widen the scope of its junk fee initiatives and provide small- and medium-size businesses with relief from excessive international payments charges.

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Finbourne raises USD 70 mln to advance AI data solutions in finance

The Paypers

UK-based startup Finbourne has raised USD 70 million in Series B funding to help financial companies organise and use their data in AI and other models.

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Celcoin secures USD 125 million investment

The Paypers

Brazil-based financial and banking technology service provider Celcoin has announced that it secured a USD 125 million investment led by Summit Partners.

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Outsource With Confidence for RDC Program Success

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.

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Citibanamex, Belvo to advance financial inclusion in Mexico

The Paypers

Mexico-based Citibanamex has entered a collaboration with Belvo to advance financial inclusion by enabling individuals outside the banking sector to access credit.

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Prometeo enters the US market with its BAV offering

The Paypers

Prometeo has announced that it entered the US market via its Bank Account Validation (BAV) solution, supporting the connection between LATAM businesses and US banks.

US 41
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The Payments Association calls for optimised support for community finance providers

The Paypers

The Payments Association has announced the launch of a new paper that calls for optimised support for UK-based community finance providers.

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Coinrule integrates with Bybit to automate futures trading

The Paypers

UK-based automated crypto trading platform Coinrule has integrated with cryptocurrency exchange Bybit to introduce Bybit Futures trading on the former’s platform.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

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.