Payments Dive

JUNE 5, 2024

The Safer Banking Act and federal rescheduling of marijuana could simplify transactions for payments companies doing business in the arena.

Payments 396

Payments Company 396

South State Correspondent

JUNE 5, 2024

The average return on equity (ROE) for the banking industry declined to 11.10% in Q1/24 (a 23 percent decline in the last year). For banks under $10B in assets, ROE declined to 10.53% in Q1/24 (an 11% decline in the last year). The typical published analysis considers the industry in aggregate which conflates the challenges and opportunities at community banks (those under $10B in assets).

Community Bank 195

Community Bank Community National Marketing 195

BankInovation

JUNE 5, 2024

AMSTERDAM — ING is using generative AI in its know-your-customer processes to boost productivity for its data analysts and improve the client experience. The generative AI efforts for KYC have both an operational and client benefit, Marnix van Stiphout, chief operating officer and chief technology officer ad interim at 976 billion euros ($1.

Operations 119

Operations Data Technology 119

TheGuardian

JUNE 3, 2024

Insistence on investment purity misses the point and will only lead to a decline in arts sponsorship In a ranking of climate villains in the fund management industry, Baillie Gifford would surely come a long way down most people’s list. The Edinburgh-based firm preaches long-termism and its specialism is backing technology companies, especially those with kit to accelerate the transition to cleaner energy and transport.

Management 111

Management Industry Technology Company 111

Advertisement

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.

Groups

Gonzobanker

JUNE 6, 2024

Add these action items to your card fraud checklist to strengthen your defenses. The hacker group ShinyHunters allegedly breached Ticketmaster’s data in late May 2024, including credit and debit card information for over 560 million consumers worldwide. That’s more than 2.5 times the prior largest breach of Experian a decade ago. So, what will happen to U.S.

Fraud 156

Fraud Data Cards Software 156

Abrigo

JUNE 4, 2024

Navigating credit quality, compliance, and technology integration The ThinkBIG conference hosted by Abrigo fosters networking and professional development for bankers. Read some hot topics discussed by the conference's opening panel. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance.

Compliance 221

Compliance Community Community Bank Conference 221

ATM Marketplace

JUNE 4, 2024

Is cash on its way out or will it stick around for the future?

111

111

American Banker

JUNE 7, 2024

U.S. regulators need to do more to require banks to recognize the risks posed by climate change, and the damage that continuing to support fossil fuel extraction projects does to the environment.

Regulation 101

Regulation Compliance 101

Payments Dive

JUNE 3, 2024

Block is working to make its peer-to-peer payments tool, Cash App, a consumer app for interacting with merchants using its Square point-of-sale software.

Software 414

Software Tools Payments 414

Advertiser: ZoomInfo

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.

Analysis

TheGuardian

JUNE 4, 2024

Lender denies whistleblowers’ claim transactions worth $100bn were carried out in breach of sanctions Whistleblowers have claimed Standard Chartered allegedly carried out billions of dollars of previously undetected transactions for Iran-linked entities and terrorist organisations, according to a New York court filing. Two whistleblowers, who include a former executive at the British bank, filed a motion last week to set aside a judgment that dismissed an earlier lawsuit they filed, in an attemp

New York 98

New York US 98

ATM Marketplace

JUNE 7, 2024

Want to upgrade your ATM fleet? Here are three easy steps you can take.

ATM 100

ATM 100

Commercial Lending USA

JUNE 3, 2024

Business progress depends on commercial loans.

Tools 98

Tools Company Lending 98

Payments Dive

JUNE 6, 2024

State lawmakers are negotiating three separate proposals related to the buy now, pay later industry ahead of the end of the legislative session on Thursday.

New York 397

New York Industry 397

Advertisement

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.

Lending

ABA Community Banking

JUNE 3, 2024

ABA added NB Bancorp, headquartered in Needham, Massachusetts, to the ABA NASDAQ Community Bank Index, or ABAQ. The post NB Bancorp added to ABA NASDAQ Community Bank Index appeared first on ABA Banking Journal.

Community Bank 98

Community Bank Community Massachusetts 98

Jack Henry

JUNE 7, 2024

Explore top insights from Jack Henry's 2024 Strategy Benchmark. Dive into key findings on financial benchmarks such as technology trends, metrics, & more.

Strategy 97

Strategy Trends Technology Analysis 97

American Banker

JUNE 7, 2024

In the U.S., the COVID-19 pandemic and other factors caused a sharp reduction in cash use. But with paper bills still accounting for nearly a fifth of all payments, the option is still far too entrenched to risk extinction.

Payments 96

Payments 96

Payments Dive

JUNE 3, 2024

Customers have multiple ways to access your products and brand, but do those experiences work together for their benefit—and yours?

Retail 360

Retail Branding 360

Advertisement

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.

Operations

TheGuardian

JUNE 4, 2024

Residents in areas without branches can withdraw and deposit cash with various high street banks using one machine The first in a planned wave of new “super-ATMs” allowing customers of multiple banks to make cash deposits and free withdrawals have opened for business. Described as a UK industry first, major high street banks have worked together to install “multi-bank deposit ATMs” that could offer a lifeline for residents and small businesses in areas that have in some cases lost all their bank

ATM 80

ATM Industry Community 80

BankInovation

JUNE 3, 2024

The highly anticipated 2024 Jack Henry™ Strategy Benchmark results are in! Jack Henry’s sixth annual study uncovers key insights and valuable takeaways from bank and credit union CEOs to help you capitalize on market shifts and new opportunities, refine your strategic plan, and compete successfully in 2024 and 2025.

Study 79

Study Trends Strategy Capital 79

American Banker

JUNE 6, 2024

Despite attacks on the broader ESG strategy, a narrow niche focused on women had a positive quarter.

Strategy 92

Strategy 92

Payments Dive

JUNE 4, 2024

Takis Georgakopoulos, a 17-year veteran at the bank, will be replaced by two colleagues being promoted to co-head roles.

Payments 273

Payments 273

Advertisement

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.

Analysis

TheGuardian

JUNE 5, 2024

A 25 percentage point cut to main lending rate is forecast amid growth in Germany, Italy and Spain Business activity grew across the eurozone at the fastest rate in a year in May while inflation cooled, according to data that will be welcomed by the European Central Bank (ECB) in advance of expected interest rate cuts tomorrow. The latest HCOB purchasing managers’ index (PMI) data, compiled by S&P Global, showed private sector output expanded in most economies covered by the euro currency af

Maine 76

Maine Lending Data Management 76

BankInovation

JUNE 3, 2024

U.S. Bank is realizing gains from the $8 billion it has invested in technology since 2019 as it remains focused on developing its payments technology.

Technology 79

Technology Payments Company US 79

American Banker

JUNE 6, 2024

Most banks are starting their generative AI experiments with closed-source models before progressing to open source. For some, the ultimate goal is to be model-agnostic.

Technology 90

Technology 90

Payments Dive

JUNE 7, 2024

The bureau will consult public interest groups and app developers on open banking standards, and no single special interest can dominate the standards-making process.

Groups 243

Groups 243

Advertiser: ZoomInfo

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.

Capital