Sat.Jan 08, 2022 - Fri.Jan 14, 2022

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The next big payments disruptors may surprise you

Accenture

At the recent Money 2020 conference, I spoke with The Fintech Times about which potential disruptors banks and payments players are most concerned about. Accenture surveyed over 200 payments executives to find out what they thought were the biggest potential disruptors and growth opportunities in payments. That research will be available early this year, but….

Payments 408
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Listen To Mark Cuban Break Down NFTs and How the Dallas Mavericks Use Them To Create Fan Value

Perficient

I was super excited when I first heard that Perficient’s Jim Hertzfeld and Kim Williams-Czopek were interviewing Mark Cuban, the owner of the Dallas Mavericks, Shark Tank host and investor, and entrepreneur, on their What If So What? podcast. Not entirely surprising, but Cuban said more people probably know him as the “Shark Tank guy” than as the Mavs owner…and indeed, even fewer people know about his earlier days when he started MicroSolutions (sold to CompuServe) and Broadcast.com (sold to Yah

Dallas 294
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The 5 Pillars of BSA – Why They Are Important for Your AML Program

Abrigo

Tips for a strong AML Prog r am that will lead to a successful exam T he task of building a robust AML program may seem overwhelming , but t here is no better place to start than with t he five pillars of BSA. Would you like other articles like this in your inbox? Takeaway 1 Guidance given to the AML industry takes the stress out of building an AML program.

Training 195
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40 Under 40: Emerging Community Bank Leaders awards

Independent Banker

Nominations for 40 Under 40: Emerging Community Bank Leaders 2022 are now open! Click here to nominate. 40 Under 40 seeks to recognize community banking’s brightest, most promising young professionals. Winners are featured in Independent Banker’s June issue. Candidates are judged on the following criteria: Character. Leadership. Community Involvement.

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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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BSA/AML Reform in the 2021 NDAA: What You Need to Know

Jack Henry

One thing all BSA compliance professionals can agree on is that the requirements to identify money laundering and terrorist financing will continue to get more complex globally as time goes on. The good news is the 2021 National Defense Authorization Act (NDAA) updates aim to improve Bank Secrecy Act (BSA) compliance to make identifying money laundering and terrorist financing easier for everyone.

More Trending

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ALM 101: Introduction to Asset/Liability Management – Part 1: ALM Goals & Approaches

Abrigo

Asset/liability management basics In part 1 of this "Introduction to ALM" blog series, learn the goals of asset/liability management and how it can help financial institutions. You might also like this webinar, "ALM Basics: Best Practices in Measuring, Monitoring, and Controlling Interest Rate Risk" WATCH. Takeaway 1 ALM in banking means managing the cash flows of assets and liabilities to increase profitability, manage risk, and maintain safety and soundness. .

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Quantifying the full impact of country-specific policies on trade flows

BankUnderground

Rebecca Freeman, Mario Larch, Angelos Theodorakopoulos and Yoto V Yotov. Most economists rely upon the structural gravity model as a best tool to analyse the impact of trade policies on bilateral trade flows. However, while the gravity model is well suited to examine the impact of bilateral trade costs – such as tariffs imposed by exporter-importer pairs – it is poorly equipped to estimate the impact of country-specific policies because standard controls subsume their effects.

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Tips To Take Your Health Insurance Policy To The Next Level

BankBazaar

The pandemic has hit us hard. Healthcare costs have gone up with some even forced to give up their cover due to a steep rise in premiums. Here are a few tips to make the most of your Health Insurance cover. The pandemic has hit us hard. Healthcare costs have gone up with some even forced to give up their cover due to a steep rise in premiums. However, you have to treat it as a necessity and make sure you’re covered, now more than ever.

Policies 122
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Banks Earning Over $10m Experience Spike in Fraud Attempts in 2021

Banking Exchange

Fraud cases increased by 343 between 2020 and 2021 Risk Management Security Cyberfraud/ID Theft Operational Risk Feature3 Feature.

Fraud 145
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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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Will bitcoin take off in 2022?

ATM Marketplace

Bitcoin has come a long way since 2009, but will it take off in 2022?

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Sustainability Impact in Financial Services: Improvements to Four Areas

Cisco

At no other time in humankind’s history has every government, business, and citizen in the world held the collective responsibility to act with determination to ensure the sustainability of our planet. This large-scale transformation of global societies will require coordinated public/private actions to drive consistent environmental, social, and governance (ESG) business practices and fuel investments in innovation and technology necessary for the greening of global economies.

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Lenders urge CFPB to scale back small-business data collection plan

American Banker

Data 101
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Deals and Dollars: French digital business bank raises $554 million

BankInovation

This week saw a funding round of more than $550 million for a commercial digital banking provider, as well as a $120 million round for a Swiss-licensed cryptocurrency assets trade and custody services provider. Meanwhile, Toronto-based small business invoice funding fintech FundThrough announced a strategic acquisition of certain BlueVine business and personnel.

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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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Examining future banking trends

ATM Marketplace

Banking is going through a period of evolution right now, as banks have to adjust to new realities both from the pandemic and changing customer expectations. ATM Marketplace spoke with Sue Laws, EVP of operations in the Americas, Temenos, a banking software company, to get her predictions on where banks are headed in 2022.

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M&T Bank $350 MyChoice Premium Checking Bonus Offered Through 1/28/22

BankDeals

M&T Bank $350 MyChoice Premium Checking account bonus offered through 1/28/2022. Available in CT, DC, DE, MD, NJ, NY, PA, VA, and WV, based on Zip Code.

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Andrew Guzzo Promoted to Chief Banking Officer at Merchants Bank

MerhantsBanks

Andrew Guzzo has been promoted to Chief Banking Officer & President (Winona), according to Greg Evans, President & CEO. Guzzo will continue to have primary leadership responsibility for Merchants Bank’s Winona and Goodview locations, along with meaningful community engagement for the Winona area. Additionally, Guzzo will now also oversee the strategic direction of the Wealth […].

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Listen: Weekly Wrap discusses findings in Microsoft Frontline Worker survey

BankInovation

In this Weekly Wrap episode of “The Buzz” podcast, the Bank Automation News team talks findings in Microsoft’s Work Trend Index Frontline Workers survey, which found that more than 40% of the global workforce plans on quitting their job this year. The survey also revealed that two-thirds of banking and financial services employees feel supported […].

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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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11 Commandments of Digital Banking: The Customer Journey

FICO

Last year we published a highly successful The 11 Commandments of Digital Banking eBook that introduced the 11 commandments: Digital lift-and-shift is not a strategy! Friction – not inherently good or evil. Be personable in this impersonal channel. Respect the data. Engage me, teach me – feed by TikTok obsession. Use your branch wisely! Respect my time and match my effort.

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Michigan State Univ Federal Credit Union Jumbo 5-Yr CD Is Rate Leader

BankDeals

Michigan State University Federal Credit Union (easy membership) has raised the rate on its 5-year Jumbo CD ($100k min) to a very competitive level.

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Citi to sell Southeast Asian units to UOB Group for $3.6 billion

American Banker

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JPMorgan Chase will increase $12B tech spend by 20% in 2022

BankInovation

JP Morgan Chase, the largest bank in the U.S., today revealed it will increase by 20% the $12 billion it spends annually on technology, offering a rare glimpse into where it allocates those dollars. The $3.7 trillion bank has slated about half for investments and what it calls “change the bank spend,” Chief Financial Officer […].

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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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Motivations in Modern Banking. Beyond the “Who”: Understanding Why Consumers Respond in Certain Ways.

ATM Marketplace

Diebold Nixdorf partnered with NielsenIQ to survey 12,000 financial consumers across 11 countries to find out what they really want in a bank. Their answers led to the identification of five consumer segments. Each one is distinct in their core motivation, offering a “why” that you can use to start designing more meaningful experiences.

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DAOs and Democracy. A real world example.

Jessica Ellerm

Over the past two years, during the course of this never-ending pandemic, I, along with roughly 1 million other New Zealanders living offshore have faced something we never, ever thought would happen. We’ve been locked out of our own country. While border closures to citizens initially started out as a brute force measure to limit the unknown impacts of an unknown virus, over time they morphed into a metaphorical slap down to any Kiwi that ever dared to dream of exploring what life might l

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Paypal poses big threat to banks in race to develop stablecoins

American Banker

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Federal cybersecurity agency warns RPA use may increase attacks

BankInovation

The Cybersecurity and Infrastructure Security Agency (CISA) last week issued a brief that warns of potential cyberattacks in the manufacturing sector due to increased use of robotic process automation (RPA), a threat that also extends to financial institutions. The federal agency is a division of the U.S. Department of Homeland Security. Today, a CISA spokesperson […].

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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.