Sat.Nov 13, 2021 - Fri.Nov 19, 2021

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Key trends shaping the future of payments

Accenture

In a post-COVID world we have seen dramatic changes in the way customers pay, from the further shift towards a cashless society to a digital revolution in e-commerce payments. As we look forward, we see these trends accelerating and new payments rails emerging. Market context Based on Accenture’s proprietary Global Payments Revenue forecasts, APAC is expected to see the strongest payment growth at….

Trends 504
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If You Can't Beat Them, Join 'Em

SWBC's LenderHub

“After all, we are not communists” – Don Emilio Barzini, The Godfather Part One. As we enter the most confusing investing chapter in The Great Pandemic, I’ve been thinking a lot about what are some good, or maybe even great, investments to take advantage of the current dislocations as well as the ones to come. I have been thinking of this since a strange thing happened to copper on the London Metals Exchange (LME) back in the month of October.

Capital 148
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(Some of) The macroeconomics of working from home

BankUnderground

John Lewis. Increased working from home (WFH) for public health reasons during the pandemic has spawned a debate about whether this shift might become permanent. In this post, I try to sketch out some of the (macro) economics of a longer-run post-pandemic shift towards more WFH. I argue that: i) on consumption, it won’t affect aggregate expenditure, it will just reallocate it across space and sectors ii) in property markets, effects hinge on supply responses; iii) for output, cost-savings to fir

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Examining ATM trends in 2021 and beyond

ATM Marketplace

Where are ATMs right now and where are they headed? Read more to find out.

ATM 133
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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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Growth in digital payments: A cross-industry view

Accenture

Digital payments are gaining popularity as cash usage declines around the world. While card payments still dominate in countries where they have a large incumbent advantage, digital products like payment apps, digital wallets, buy now pay later, and account-to-account (A2A) payments are gaining traction. This trend is driven by changing customer behaviors and reimagined customer….

Industry 365

More Trending

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Scams Alert: We Can All Fall Victim to Social Engineering and Fraud

FICO

This week is International Fraud Awareness Week — but every week is Fraud Awareness Week for FICO, as we focus on helping banks and other financial institutions worldwide detect and manage fraud. Fraud is a big burden for such organizations but there are of course other victims – people just like you and me. Their lives can be turned upside down and their finances ruined when they become victims of clever scam artists.

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2 keys to good ATM, Bitcoin ATM placement

ATM Marketplace

Often, stores shove ATMs and Bitcoin ATMs in inconvenient spaces. Here are two questions to ask to ensure your ATM is in the right spot.

ATM 118
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Auto financiers: What does your future look like?

Accenture

It feels like the end of the year is approaching at breakneck speed. Here in Chicago, Illinois, the days are getting shorter, and the temperatures are dropping. Thanksgiving is not far off. All of which makes me think it’s a good time to take stock before we head into the holidays. I’ve covered a lot…. The post Auto financiers: What does your future look like?

Illinois 308
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Fintech Upstart teaming with banks, credit unions on small-dollar loans

American Banker

Fintech 101
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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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JPMorgan sues Tesla for $162m after Musk tweets soured share deal

TheGuardian

Investment bank says it lost millions because of tweets by Elon Musk that he might take electric carmaker private JPMorgan has sued Tesla for $162.2m, accusing Elon Musk’s electric car company of “flagrantly” breaching a 2014 contract relating to stock trading options that Tesla sold to the bank. The options, or warrants, give the holder the right to buy a company’s stock at a set “strike” price and date.

Company 100
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Listen: Weekly Wrap discussion on how Temenos is accelerating innovation

BankInovation

In this week’s “Weekly Wrap” podcast, the Bank Automation News team discusses some of the latest from core and digital banking solutions provider Temenos gleaned from its SCALE developer conference, where the company showcased how it is fostering innovation and bringing new fintech ideas to market faster. In a similar vein, the team addresses the […].

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Q3 2021 US credit card issuer snapshot

Accenture

Key themes Receivables showed positive YoY growth for the first time in five quarters. Purchase Volume growth continues to be quite strong, with all issuers reporting 15%+ YoY growth; AmEx and Chase, in particular, reported over 30% YoY growth. Net Charge-Offs continue to remain at historically low levels primarily due to high payment rates; all…. The post Q3 2021 US credit card issuer snapshot appeared first on Accenture Banking Blog.

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Why this Connecticut community bank is merging with a fintech

American Banker

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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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JP Morgan chief skips quarantine as he jets into Hong Kong

TheGuardian

Jamie Dimon let off 21-day hotel quarantine because he runs a ‘very huge bank’, says Carrie Lam JP Morgan’s billionaire chief executive Jamie Dimon was allowed to skip Hong Kong’s strict 21-day hotel quarantine rules because he runs “a very huge bank” with “key business in Hong Kong”, the territory’s chief executive, Carrie Lam, said on Tuesday. Dimon flew into Hong Kong on Monday on JP Morgan’s private jet, becoming the first Wall Street bank boss to visit the territory or mainland China since

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Lucas Stangl of Merchants Bank Earns Accredited ACH Professional Certification

MerhantsBanks

Lucas Stangl has earned the Accredited Automated Clearing House Professional (AAP) designation according to Kerri Bronk, Vice President/Senior Operations/eChannel Officer for Merchants Bank. “We strive to be a resource for our customers and Lucas becoming an AAP exemplifies our commitment to being a true financial partner. Automated Clearing House payments can be complicated so having […].

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6 evolving trends in financial crime

BankInovation

With a footprint in markets worldwide as well as anti-fraud and anti-money laundering (AML) efforts in finance, online global marketplace provider Nasdaq has a front-row seat to evolving trends that invite in bad actors. The company has been working to root out abuses like stock manipulation and insider trading for years, more recently expanding to […].

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Inside the effort to open a rare Black-led bank

American Banker

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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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Accelerated: Agora and Seattle Bank

William Mills

Tune into our latest episode of Accelerated, a podcast dedicated to giving a behind-the-scenes look at how fintech-banking deals are made and why they’re essential to the overall industry.

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Two Bank Mergers and Its Effect on a State’s Economy

Banking Exchange

M&T’s merger with People’s United could potentially disrupt the state of Connecticut’s economy Community Banking M&A Management Feature The Economy Feature3.

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Temenos launches improved automations and developer support

BankInovation

Core and digital banking provider Temenos on Tuesday unveiled new automations and low-code support for attendees at SCALE, its virtual developer conference. Among the keynote announcements were additional low-code options such as standardized, drag-and-drop integration patterns, microservices, and more support for automated testing. The Geneva-based company also launched Temenos Exchange, which Martin Bailey, director of […].

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Have fintechs cracked the financial inclusion code?

American Banker

Fintech 92
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It Takes Two to Tango

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.

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Confessions Of A Shopaholic | How To Curb Your Spending Habits

BankBazaar

Ever reach a point at the end of the month where you just pause and wonder where all your money went? Well, welcome to the club! . No matter how many times the little voice in your head hopelessly chants “Spend less, spend less…”, it often leads you nowhere. Be it splurging on those new pair of sneakers or that handbag you just can’t live without, one thing remains constant – your pockets are lighter, and often – emptier!

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Tactfully Overcoming the Top 5 Delinquent Borrower Objections

SWBC's LenderHub

It’s been a tough 18 months for millions of Americans. The COVID-19 pandemic caused major job losses and employment interruptions, families have had to navigate paying for childcare services after working remotely for over a year, and savings from 2020 stimulus checks and extended unemployment benefits are starting to run dry for many.

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Tech consortia launches new data security standards body

BankInovation

Eight application programmable interface (API), data and security compliance companies launched a new open finance data security standards body today. API platform and data network provider Plaid joined open finance API provider MX, employment and income verifier Truework and financial data platform Flinks to announce a new standards body of the Open Finance Data Security […].

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Credit unions dealt blow in bid to expand membership

American Banker

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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.