South State Correspondent

NOVEMBER 14, 2024

With almost 30% of our banks utilizing some portion of instant payments, the industry is starting to gather more data on how instant payments impact balances, customer acquisition, and account usage. Instant payments have the potential to change the payment landscape for banks. In this article, we look at six ways instant payments impact deposit performance and add insight into what it means for banks.

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Payments Study Survey Data 195

Abrigo

NOVEMBER 13, 2024

This article covers these key topics: Debt-service coverage ratios are steady. Leveraged has improved since 2019. Businesses' working capital cycles are longer. Interest coverage ratios have stayed strong. How lenders can leverage this data. Bank and credit union leaders can use data to inform small business lending Small businesses are showing resilience.

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Lending Meeting Data Risk Management 195

Payments Dive

NOVEMBER 12, 2024

Debit and credit card users under 40 years old are more likely than older peers to experience fraud in making payments, a recent J.D. Power survey found.

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Payments Survey Fraud Cards 431

Perficient

NOVEMBER 14, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility. The economic risks of AI to the financial systems include everything from the potential for consumer and institutional fraud to algorithmic discrimination and AI-enabled cybersecurity risks.

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Regulation Exercises System Fraud 221

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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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ATM Marketplace

NOVEMBER 14, 2024

A panel talk, “Self-Service Retail: A Profitable Path to Growth in High-Traffic Locations,” will offer expert insight at the Self Service Innovation Summit being held Dec. 9-11 in Tampa, Florida. Registration continues through Dec. 6.

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Tampa Innovation Retail Florida 98

Payments Dive

NOVEMBER 10, 2024

In a new report, the card network detailed cyber schemes and scams that have led it to invest $11 billion over the past five years in improving its systems.

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Fraud System Cards Report 466

Perficient

NOVEMBER 14, 2024

How to ensure your toolset matches your vision, team and long term goals. Seems common sense right? Use the right tool for the right purpose. However, in the DXP and Drupal space, we often see folks trying to fit their project to the tool and not the tool to the project. There are many modules, profiles, and approaches to building Drupal out there, and most all of them have their time and place.

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Tools UX Management Training 221

Abrigo

NOVEMBER 14, 2024

Be proactive with your AML/CFT program to prevent BSA enforcement actions As regulatory scrutiny intensifies, financial institutions face more frequent Bank Secrecy Act (BSA) enforcement actions from supervisory agencies. These actions can result in costly civil penalties and reputational damage, so banks and credit unions should take proactive steps to ensure their BSA compliance programs are robust and effective.

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Compliance How To Training Software 195

ATM Marketplace

NOVEMBER 12, 2024

AI has taken the world by storm, and it has transformed numerous aspects of customer experience across restaurant, QSR, and self-service contexts, including drive-thru ordering and kiosks.

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Customer Experience 111

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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

Community Bank

Payments Dive

NOVEMBER 15, 2024

The card network has documented a spike in online fraud, and contends that numberless cards will reduce such wrongdoing.

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Cards Fraud Online 354

TheGuardian

NOVEMBER 14, 2024

Chancellor uses Mansion House speech to suggest it is time to loosen some constraints brought in after 2007-08 crash Rachel Reeves has told City bankers attending her Mansion House speech that regulations put in place to protect the economy after the global financial crisis had “gone too far”. Speaking at the glitzy annual gathering in the Square Mile on Thursday, the chancellor called the financial services sector the “crown jewel” of the UK economy.

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Regulation 109

BankUnderground

NOVEMBER 13, 2024

David Elliott, Ralf Meisenzahl and José-Luis Peydró Capital flows and credit growth are strongly correlated across countries. Macroeconomic evidence suggests that this ‘ global financial cycle ’ is largely driven by US monetary policy: expansionary policy by the Federal Reserve drives increases in lending globally, while contractionary Fed policy leads to a tightening of global financial conditions.

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Policies Lending US Chicago 102

BankBazaar

NOVEMBER 14, 2024

We bring to you the seventh edition of BankBazaar’s Aspiration Index®, the largest study of India’s aspirations through the lens of personal finance. The Index captures the importance Indians assign to an aspiration, how confident they are of its fulfilment, and what their current readiness for fulfilment is. A higher Index represents greater aspirations.

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Study Policies Report Industry 78

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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.

Lending

Payments Dive

NOVEMBER 15, 2024

“Emerging currencies, digital assets, and even next-generation fiat options could be integrated thoughtfully, allowing companies to access new markets,” writes one industry chief revenue officer.

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Payments Industry Marketing Company 243

TheGuardian

NOVEMBER 15, 2024

New remit given to FCA by chancellor raises fears of a weakening of rules meant to avert another financial crisis The financial regulator has been ordered to encourage more risk-taking across the City, raising concerns that the Labour government is in danger of watering down rules meant to avoid another financial crisis. In an official “remit” letter addressed to Financial Conduct Authority (FCA) boss, Nikhil Rathi, the chancellor, Rachel Reeves, said regulations meant to protect consumers shoul

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Regulation Management 102

Jack Henry

NOVEMBER 13, 2024

Last year, I attended my very first Jack Henry Connect conference in Indianapolis as an experience ambassador. And in a serendipitous turn of events, I was invited back this year for round two. Who says no to that!?

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Indianapolis Conference 78

BankBazaar

NOVEMBER 13, 2024

Teaching children about personal finance is an invaluable gift that sets them on the path to financial independence and responsible money management. By starting early and integrating fun, practical lessons, you can equip your children with the skills they need to make informed financial decisions throughout their lives. As parents, one of the most valuable gifts we can give our children is a solid foundation in financial literacy.

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Management Examples System How To 78

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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

Cards

Payments Dive

NOVEMBER 13, 2024

The Federal Reserve must consider when to make up for private sector shortcomings in payments, while keeping its role limited, board member Christopher Waller said Tuesday.

Payments 195

Payments 195

SWBC's LenderHub

NOVEMBER 12, 2024

The financial services industry is continuously evolving, and it is essential to optimize collections strategies to maintain liquidity and minimize risk. One of the most critical choices for credit unions is whether to use a digital approach or live agents for their collections processes. Both approaches have distinct advantages and considerations. This article will explore key points to consider when making this crucial decision.

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Strategy Industry 78

Jack Henry

NOVEMBER 12, 2024

Your guide to an ethical AI framework. Click to learn how your bank or credit union can harness the power of AI while ensuring operations remain transparent and compliant with regulatory standards.

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Operations Strategy Fraud Innovation 78

BankBazaar

NOVEMBER 13, 2024

This World Kindness Day, we’re looking at what kindness is through a different lens. We’re focussing on a more personal angle to talk about our own financial well-being and how being kinder to ourselves in this regard, can go a long way for us and our famil ies. Kindness can paint a very pretty picture in our heads if we think about it. Mostly what comes to mind are thoughts of giving to others—helping a friend, donating to a charity, or lending a hand to someone in need.

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Taxes Cards Exercises Security 78

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

Community Bank

Payments Dive

NOVEMBER 11, 2024

The acquisitive payments company could be a good fit with the Canadian point-of-sale technology provider, analysts said Monday.

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Technology Payments Company 243

William Mills

NOVEMBER 12, 2024

Thanksgiving is just around the corner, making it a perfect time to reflect on the abundance of tools and opportunities that help us connect, engage, and grow. Among the many assets at our disposal, LinkedIn is quickly becoming a cornucopia of useful resources for B2B communications. The social platform gives PR professionals a variety of ways to build a client’s brand, engage targeted audiences, and create meaningful industry connections.

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Resources Tools Branding US 86

BankUnderground

NOVEMBER 14, 2024

Aly Soliman Stablecoins have emerged as an innovative form of money in the financial landscape. While they represent a small fraction of the global financial system, stablecoins have grown by US$30 billion in the last few months (as reported on DefiLlama). The potential effect of stablecoins on the payment industry could be substantial and merits attention.

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Payments Innovation blockchain Regulation 79

American Banker

NOVEMBER 12, 2024

As long as fraud-prevention efforts remain siloed and bank-specific, perpetrators remain free to employ the same strategies over and over. Banks need to do a better job of sharing information and collaborating.

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Fraud Strategy Risk Management Management 89

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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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