Fri.Oct 06, 2023

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Block cuts employees

Payments Dive

Jack Dorsey-led Block is the latest payments company to make staff cuts and pull back on hiring as it pursues profitable growth.

Payments 435
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Mastering the art of end-to-end CX strategy

ATM Marketplace

How can you build an end-to-end customer experience that works for your organization? The closing keynote at the Bank Customer Experience Summit took a closer look at this topic.

Strategy 107
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PayZen adds BNPL card for medical expenses

Payments Dive

The debit card allows patients to swipe first, then pick a payment plan later, PayZen CEO Itzik Cohen said.

Cards 273
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YouConnect’s ROI for Chief Appraisers

Realwired Appraisal Management Blog

Chief Appraisers are under increasing pressure to demonstrate not only the accuracy and reliability of their valuations but also the efficiency and cost-effectiveness of their operations. One of the tools that is revolutionizing the appraisal industry and offering a tangible return on investment (ROI) is appraisal management software.

Software 105
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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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BNPL to drive $17B in online holiday spending: Adobe

Payments Dive

Online mobile spending will surpass computers for the first time and shoppers will turn more to buy now, pay later services, according to the report.

Online 243

More Trending

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Credit union credit quality takes a hit

American Banker

Credit cards and auto loans both showed weakness in the second quarter, leading to an uptick in delinquencies and charge-offs for U.S. credit unions.

Cards 80
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3 ways Deutsche Bank drives AI adoption

BankInovation

Financial institutions are implementing AI throughout their organizations at a steady pace. However, even with investments made and use cases identified, AI can only accomplish so much without users on board. “If the businesses [within a bank] don’t care to use it, it’s just not going to change anything,” Inwha Huh, managing director at $1.

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CFPB's Chopra warns of 'consolidated' payments market, previews new guidance

American Banker

Speaking at the Brookings Institution Friday morning, Consumer Financial Protection Bureau director Rohit Chopra warned that, absent intervention, the U.S. payments system could evolve to resemble that of China, where commerce and payments are deeply intertwined.

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Fintech funding: Citi Ventures pivots investment strategy

BankInovation

Citi Ventures, the venture capital arm of $1.7 trillion Citigroup, is changing its investment strategy amid turbulent macro-economic conditions.

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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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Fed's Waller says FedNow adoption 'will grow over time'

American Banker

Federal Reserve Gov. Christopher Waller said during a payments conference at the Brookings Institution Friday that the FedNow payments system has already enlisted "well over 100" depository institutions for the service and expects that number to grow.

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Stated Income Commercial Mortgage Loans

Commercial Lending USA

Stated income commercial mortgage loans. Also known as "no-doc" or "lite-doc" loans. Allow borrowers to declare their income on their loan application.

Lending 70
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Intuit Mailchimp and Wix join forces

The Paypers

Intuit Mailchimp , an email marketing and automation tool, and Wix , a global SaaS platform, have announced a multi-year bilateral partnership.

Tools 68
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Banking-as-a-service provider Synapse lays off staff, loses major client

American Banker

Regulatory scrutiny of bank-fintech partnerships has steadily increased, putting more pressure on companies like Synapse.

Fintech 62
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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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Forter joins the Shopify Plus Certified App Programme

The Paypers

US-based Forter has joined the Shopify Plus Certified App Programme to extend its fraud management solutions to Shopify Plus merchants.

Fraud 68
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Metro Bank shares rebound amid reports of £600m capital offer

TheGuardian

Lender’s stock hit all-time low after news it was exploring selling off up to 40% of mortgage book Metro Bank shares rebounded from all-time lows on Friday , amid reports that the embattled lender was sitting on a £600m offer from bondholders that could cover its looming funding pressures. Regulators have been keeping a close eye on developments at the high street lender, which needs fresh investor funding, and is exploring selling off up to 40% of its mortgage book, in order to shore up its bal

Metro 61
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The outlook for FHLB advances

ABA Community Banking

Given the need for additional funds and the lack of attractive alternatives, bank use of FHLB advances is very likely to grow and should not necessarily be interpreted as a sign of banking stress. The post The outlook for FHLB advances appeared first on ABA Banking Journal.

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Wagestream acquires Keebo

The Paypers

Wagestream has announced its acquisition of the UK-based challenger credit card startup Keebo to optimise the financial wellbeing of frontline workers.

Cards 45
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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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First Citizens rebrands CIT businesses, Discover launches new campaign

American Banker

First Citizens extends its brand to CIT business lines, Discover launches TV campaign for debit account, Southern Michigan Bancorp announces leadership transition and more in the weekly banking news roundup.

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Kodex AI raises EUR 1.6 mil to boost AI for fintechs

The Paypers

Germany-based startup Kodex AI has announced it raised EUR 1.6 million in a funding round led by Signals VC to empower financial professionals with its AI solution.

Fintech 41
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Digital Marketing Tactics, Trends and Tips to Know About for 2024

The Financial Brand

This article Digital Marketing Tactics, Trends and Tips to Know About for 2024 appeared first on The Financial Brand. How can banks and credit unions make their digital marketing more effective? Get insight from three marketing agencies on the trends they're seeing. This article Digital Marketing Tactics, Trends and Tips to Know About for 2024 appeared first on The Financial Brand.

Trends 39
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AirPlus launches its AirPlus Intelligence platform

The Paypers

Corporate payment specialist AirPlus International has launched its new AirPlus Intelligence platform in order to enable clients to analyse and manage their spending.

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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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Open Payments – A Big Hit in the Big Apple

Tomorrow's Transactions

The Metropolitan Transportation Authority (MTA) has taken a giant leap forward in modernizing the way New Yorkers and visitors pay for their daily commutes with the introduction of OMNY (One Metro New York). OMNY, a contactless fare payment system, is not just another technological upgrade; it’s a game-changer that promises to revolutionize the way people… Continue reading Open Payments – A Big Hit in the Big Apple The post Open Payments – A Big Hit in the Big Apple first appeared o

Apple 39
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HMD Global updates the Nokia 2660 with UPI Scan and Pay

The Paypers

Finland-based HMD Global has updated its Nokia 2660 flip phones to support UPI Scan and Pay in a bid to make digital transactions easier and more secure.

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Encouraging the opening of new banks is critical

American Banker

If the industry keeps consolidating at its current rate, there will be roughly 500 banks in 20 years. That will likely mean the loss of competition and choice for customers in some markets.

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Bank Zero launches commercial banking

The Paypers

South Africa-based Bank Zero has announced it offers commercial banking to businesses of any size.

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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.