Sat.Apr 03, 2021 - Fri.Apr 09, 2021

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A Future-Ready Approach: Journey to the Cloud

Accenture

This series of blogs looks at the future of banking in Growth Markets in a post-COVID-19 world. Banks need a clear approach to eliminate their legacy technology debt and attain future-ready systems. That means taking the journey to the cloud – a typically incremental process by which banks shift their core-systems architecture to a flexible,….

System 222
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Bill Pay: The Digital Wallet’s New Frontier

ATM Marketplace

Michael Kaplan is the Chief Revenue Officer and General Manager at PayNearMe. Kaplan has played key roles in the strategy, development and growth of multiple platforms and markets. A seasoned executive in the payments, fintech, prepaid and mobile markets, Kaplan shares his knowledge and insight on digital wallets with ATM Marketplace

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Laundering Rules are Getting Tougher, But Also Easier to Follow

Payments Source

Banking Compliance Payment fraud AML

Fraud 101
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Successfully Managing Your REO in a Post-Pandemic Environment

SWBC's LenderHub

No one could have predicted the level of disruption we’ve all faced following the onset of the COVID-19 pandemic last year. If your financial institution has been thrown into unfamiliar territory and you aren’t sure what to do or how to manage your large REO portfolio , we have a few ideas that we would like to share.

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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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In banking, sustainability is the new digital. Now what?

Accenture

This year´s reporting season has brought sustainability and environmental, social and governance (ESG)-related efforts to the forefront of international banks’ annual reports, including their future outlooks and bold pledges. The message is clear: banks are emerging as a major force in reaching the UN´s Sustainable Development Goals (SDGs). We’ve seen changes in the C-suite, too.….

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PayPal is building a ‘super app.’ Should banks be worried?

Payments Source

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When Genius Failed—Again

SWBC's LenderHub

Wall Street has had more than its share of drama over the last three decades. However, what started to unfold two Fridays ago with Bill Hwang’s Archegos family office had grizzled Wall Street veterans staring, stupefied, into the abyss.

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Open Banking in the Middle East: Time is of the essence

Accenture

This is the first in a series of in-depth thought leadership pieces on Open Banking in the Middle East. This one explains Open Banking and outlines key considerations for the Open Banking journey. Subsequent pieces will focus on the business case for banks in the region and lay out the actions they need to take…. The post Open Banking in the Middle East: Time is of the essence appeared first on Accenture Banking Blog.

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Concerns over insider trading mount

Bobsguide

Insider trading must be tackled by regulators to provide a fairer market for small shareholders, particularly since the pandemic caused record levels of retail trading accounts, says Mohammed Rharrabti, senior business analyst at Natixis. “You can go to a forum and see many people exchange.

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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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How FIS helped expand food assistance programs

Payments Source

Payments 161
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It’s windy when it’s wet why UK insurers may need to reassess their modelling assumptions

BankUnderground

Giorgis Hadzilacos, Ryan Li, Paul Harrington, Shane Latchman, John Hillier, Richard Dixon, Charlie New, Alex Alabaster and Tanya Tsapko. The 2015/16 storms caused the most extreme flooding on record , with parts of the UK impacted by heavy precipitation and extreme wind over a four-month period. These extreme weather events occurred in quick succession, hindering relief efforts and accruing £1.3 billion in insured losses.

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Four common questions about SWIFT’s new CSP requirements for 2021

Accenture

All SWIFT customers are required to complete independent assessments as part of the Customer Security Programme (CSP), which helps SWIFT customers fight cyber-attacks. As of 2021, to be considered compliant, these assessments must be done by an independent organization. Here are answers to four common questions about the assessments. 1. What’s behind the change?

Security 222
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Extinction Rebellion to step up campaign against banking system

TheGuardian

Group aims to highlight financial sector’s role in climate crisis through escalation in tactics this week Extinction Rebellion is planning to step up its campaign against the banking system with a series of direct action protests and debt strikes in the coming weeks aimed at highlighting the financial sector’s role in the escalating climate crisis. Last week the group targeted Barclays Bank’s headquarters in London and the Bank of England as well as high street branches across the UK as part of

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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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How lease-to-own can be a buy now/pay later alternative for the underbanked

Payments Source

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Blue Ridge Bank Launches PPP Platform for Self-Employed

Banking Exchange

Platform will help gig workers and contractors access government Covid-19 support Consumer Credit Business Credit Community Banking Feature3 Feature Duties Fair Lending Fintech PPP Covid19 People The Economy.

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B2B payments product investment themes

Accenture

COVID-19 has had a profound impact on businesses of all sizes. Over the past 12 months, organizations across the globe have faced substantive impacts to their receipts, disbursements, and in consequence, liquidity. As organizations pivot to the new normal – remote workforce environments included – technology is helping to power their transformation.

Payments 222
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The Real Story on Bank Branch Closures

ABA Community Banking

Some branches are closing but that doesn’t mean reduced access to banking services, especially in lower-to-moderate-income neighborhoods. The post The Real Story on Bank Branch Closures appeared first on ABA Banking Journal.

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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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Dwolla API adds real-time payments via Cross River Bank

Payments Source

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Covid-19: A Look Back at How Our Predictions Panned Out

Jack Henry

On April 1, 2020, Jack Henry FinTalk published a blog post on what we think would happen during the pandemic, along with some best practices and change to look for within BSA and fraud systems. Now, let’s take a look back at that article and see what has come to fruition and what the impact was on the rest of 2020.

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Contactless payment uptake offers opportunity for advance financial security

ATM Marketplace

Nick Maynard, senior vice president and Charvi Gandotra, senior innovation manager at the nonprofit, Commonwealth, share their thoughts and insights on how the pandemic actually helped increase contactless payments.

Security 107
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Fortune will favor banks that adjust for climate risks

American Banker

Lending 101
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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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dLocal's $5 billion valuation shows investors' fervor for cross-border payments

Payments Source

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US to enter post-Covid boom ‘torn by income inequality,’ says JP Morgan boss

TheGuardian

Jamie Dimon says in shareholder letter economy on edge of ‘Goldilocks moment’ but upbeat news comes with caveats The US has been “torn and crippled by politics, as well as racial and income inequality” but is about to enter a post-pandemic boom, according to JP Morgan boss Jamie Dimon. Related: Banks pledge to fight climate crisis – but their boards have deep links with fossil fuels Continue reading.

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Fintech Discovery startup Upswot signs co-sell deal with Microsoft

BankInovation

Fintech platform Upswot has signed a co-sell agreement with tech giant Microsoft that includes support from Microsoft’s sales team as well as a free proof-of-concept of its business finance management platform on Microsoft’s Azure cloud. Upswot CEO and founder Dmitry Norenko announced the deal via a LinkedIn post from his personal account Wednesday.

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Will floundering FSOC gain more relevance under Yellen?

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.