Sat.May 01, 2021 - Fri.May 07, 2021

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Are We Bringing Back the 70s?

SWBC's LenderHub

These days, many of us look back at the 1970s with an eye toward nostalgia. The decade is now fondly remembered for great music, the Golden Age of television, Studio 54, and in many ways, a simpler time where a middle class still thrived. Of course, we forget about social unrest, violence, Watergate, the losing end to our war in Vietnam, and inflation.

Course 139
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All Signs Point to a Recovered Auto Loan Market!

SWBC's LenderHub

If you’re anything like me, now that we’re a solid quarter into 2021, the haze and fog of 2020 is finally starting to dissipate. More businesses and organizations have begun to open, and we continue to return to some sense of “normalcy” as a society. Surprisingly, the lending market has not followed the same economic trend as some of the harder hit industries.

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What Network Uptime Really Means for Your Institution

Jack Henry

With the mass exodus from private network infrastructure to cloud computing, business leaders are always focused on finding vendors that can meet their performance requirements. One important discussion point revolves around the 9s of availability and protecting against the risk of downtime. As a society, we live in a world of instant access to everything.

Meeting 97
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The Rise in Consumers’ Digital Engagement: A Blessing or a Curse for UK Banks?

Accenture

One of the clearest impacts of the pandemic has been to accelerate consumers’ long-running migration to mobile and online channels, for financial services among others. For banks and insurers, the results include greater opportunities to serve more customers in new and more efficient ways.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Quantum computer: The 'coronavirus' of cryptography

ATM Marketplace

Jurjen Bos is the cryptographer and corporate information security advisor for equensWorldline. He deals with determining risk, specializing in IT security and cryptography, which is a branch of mathematics. Bos shares his thoughts on the arrival of quantum computers and how this event can be a potential game changer for the payments marketplace.

Security 140

More Trending

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Cisco Financial Services welcomes imimobile

Cisco

The Cisco Financial Services team welcomes imimobile’s Aly Abji – Strategic Client Director for Financial Services as our guest blogger this week. Earlier this year Cisco completed its acquisition of imimobile, adding an enterprise-grade, digital-first client interaction management platform to Cisco’s industry-leading collaboration and contact center solution portfolio.

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SEC clampdown on SPACs to bring maturity to market

Bobsguide

The Securities Exchange Commission (SEC)’s latest accounting and reporting considerations for Special Purpose Acquisition Companies (SPACs) will improve the maturity of the market, according to Betsy Cohen, chairman at FinTech Masala. However, Cohen said fintech SPAC activity had slowed.

Marketing 109
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MoneyGram braces as Western Union joins it under Walmart's roof

Payments Source

Retail 208
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Refinancing your home loan? Here's 6 steps to help you prepare

Qudos Bank

Refinancing your home loan could help you lock in a lower interest rate, more flexible loan features or a more suitable loan structure. And with interest rates at all-time lows, there are more opportunities than ever to lock in a better deal.

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How a Managed Services Partner Can Reduce the Friction in Your RDC Program

Treasury teams at community banks face an ongoing challenge of delivering frictionless customer experiences as they support treasury products – especially RDC. This infographic focuses on the efficiencies community banks gain when partnering with a proven managed services provider. You’ll see the advantages you can gain when a managed services partner leverages online tools, skilled customer and technical support personnel, and fulfillment and logistics capabilities to streamline RDC fulfillment

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Kirk Muhlenbruck Named Market President for Merchants Bank in Northfield

MerhantsBanks

Northfield, Minn. – Long-time Northfield resident and experienced community banker, Kirk Muhlenbruck, has been named the new Market President for Merchants Bank in Northfield, according to Dan Massett, Central Region President. Muhlenbruck has more than 30 years of banking experience, serving mainly in senior commercial and retail leadership roles. Since 2005, he had been with […].

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FCA crackdown on high-risk retail investment products

Bobsguide

The UK’s Financial Conduct Authority (FCA) is stepping up its efforts to protect retail investors by encouraging caution around “inappropriate high-risk” As a result, the FCA released a discussion paper seeking market views on the classification of high-risk investments,

Retail 88
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Automating data: AI can fill in data gaps, help with reconciliation

BankInovation

Vendors sometimes claim their products can automate data, eliminating the need for data scientists, but experts say that’s not entirely the case, even with AI. Such claims sound “more like marketing terms than then actual real application,” RJ Sherman, vice president of innovation at $183.3 billion Citizens Bank, told Bank Automation News. With regard to […].

Data 98
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UK banks’ support for coal industry has risen since 2015 Paris climate pact

TheGuardian

Lenders including Barclays and HSBC provided services and loans worth £21.9bn in 2019 British banks’ financial support for companies involved in the coal industry has risen since the 2015 Paris agreement, despite their pledges to wind down financing for a sector seen as a significant obstacle to tackling global heating. UK lenders provided loans and underwriting services worth $30.3bn (£21.9bn) to companies that sold or burned coal, or provided coal industry services, during 2019, the latest yea

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Budget Playbook for Commercial Lenders — Bank and Credit Union Edition

Amid market uncertainty, banks and credit unions are faced with critical decisions about the future of their commercial lending. With fluctuating interest rates and rising competition from non-bank lenders, it's critical to allocate your 2025 budget strategically to optimize lending operations. Our Budget Playbook for Commercial Lenders delivers key strategies to help you navigate these challenges, ensuring your institution is well-positioned for the coming year.

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Building Capacity of Lenders to the Underserved

ABA Community Banking

With applications due in July, here’s what CDFIs and minority banks need to know about the Treasury Department’s new emergency capital investment program. The post Building Capacity of Lenders to the Underserved appeared first on ABA Banking Journal.

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Exclusive live interview with Ron Kalifa

Bobsguide

Don't miss this exciting behind the scenes look at the UK Fintech Strategic Kalifa Review. Ron Kalifa, OBE, was invited by the Chancellor of the Exchequer to lead this independent Fintech Strategic review for the UK. Join us on May 13 at 1.30pm BST for the livestream. Register for your.

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5 Questions with Citizen Bank VP of Innovation RJ Sherman

BankInovation

RJ Sherman, the chief innovation vice president at Citizens Bank, isn’t a believer in using technology for technology’s sake. Sometimes, he noted, older technology can be a better solution than trendy technology. Sherman spoke with Bank Automation News about the role automation plays at the Providence, R.I.-based bank, the emerging technology he’s most excited about, […].

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The Most Influential Women in Payments: Next

Payments Source

Payments 203
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Is Your Current Card Platform Holding You Back?

Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w

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Activist Edward Bramson ends Barclays battle by selling stake

TheGuardian

Boss of New York-based Sherborne Investors gives up campaign to overhaul British bank The activist investor Edward Bramson has sold his 6% stake in Barclays, abandoning a three-year battle to overhaul the British bank. Sherborne Investors, Bramson’s New York-based investment vehicle, said it was selling the stake to focus on a new unnamed investment target instead.

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Lost Your PAN Card? Here’s What To Do

BankBazaar

Your PAN card is one of the most important documents you have. If you misplace the same you can apply for a duplicate one. Check out this video to find out what you should do. ?. Follow the steps mentioned in the video to get your PAN Card easily and from the comfort of your home. . If you need help with your finances, click the button below to explore 100% contactless options.

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Listen: Chatbots evolve to be more efficient, helpful to employees

BankInovation

Chatbots are evolving to be more useful for customers and employees than in the past. “You are going to start to progressively see chatbots being able to assist, even on things that are a little bit more complicated,” Likhit Wagle, IBM’s general manager for global banking and financial markets, tells Bank Automation News in this […].

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Second Circuit ruling clarifies when data breach plaintiffs have adequately pleaded Article III standing

CFPB Monitor

In a thoughtful opinion that diverges from how other circuit courts have addressed the issue, the Second Circuit recently issued a ruling clarifying the circumstances when data breach plaintiffs can rely on fear of identity theft to establish Article III standing. The case is McMorris v. Carlos Lopez & Associates, LLP (CLA). CLA offers mental and behavioral health services to veterans, service members and their families.

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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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Soaring house prices and cheap credit are creating the wrong sort of growth

TheGuardian

A familiar UK recovery led by a property boom and debt-fuelled consumption does not qualify as ‘building back better’ The average house price, according to the Nationwide building society, rose by £6,000 in April, or £200 a day. In the course of the month, the cost of property increased by 2.1% – the highest one-month jump since 2004. Everywhere there are signs of boom conditions: buyers putting in offers without even seeing the property they are after; agents asking for best and final offers we

Course 93
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My Mom Just P2P’d Me

Jack Henry

Scotch Tape is a No-No. My whole life, my mom has been taping money in my greeting cards. It was fun finding it; and typically, the larger denominations were handed in person. That is, until I moved. Now we live 500 miles apart. The first time I received a Benjamin taped down, I realized the pure unbridled sacrilege of it all. But money is money. No matter how old I get, a card is nice, and money from the grandparents warms the soul!

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Digital Dollar Moves Closer as Crypto Market Booms

Banking Exchange

Digital Dollar Project to launch at least five pilot programs over the next 12 months, funded by Accenture The Economy Technology Financial Trends Blockchain Bitcoin Cryptocurrency Feature Feature3.

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Another Maryland threat to bank partner model lending

CFPB Monitor

A Maryland administrative action recently removed to the state’s federal district court illustrates how Maryland law continues to present challenges for the bank partner structure used by many lenders. Last month, Bank of Missouri, an FDIC-insured, Missouri state-chartered bank, and Atlanticus Service Corporation and Fortiva Financial, LLC, the Bank’s non-bank service providers, removed an administrative matter filed against them in January 2021 by the Maryland Department of Labor, Office of the

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3 Ways Managed Device Services Help Community Banks Cut Costs

Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se