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.

Payments 195

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.

Lending 221

Lending Meeting Data Risk Management 221

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.

Payments 434

Payments Survey Fraud Cards 434

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.

Regulation 221

Regulation Exercises System Fraud 221

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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

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 117

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.

Fraud 466

Fraud System Cards Report 466

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.

Compliance 221

Compliance How To Training Software 221

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.

Tools 221

Tools UX Management Training 221

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.

Customer Experience 132

Customer Experience 132

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

Payments Dive

NOVEMBER 15, 2024

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

Cards 448

Cards Fraud Online 448

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.

Regulation 110

Regulation 110

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.

Policies 104

Policies Lending US Chicago 104

ATM Marketplace

NOVEMBER 15, 2024

Money visibility solutions can help banks and businesses combat money laundering.

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111

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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

Payments Dive

NOVEMBER 13, 2024

The buy now, pay later company announced Tuesday it had filed confidentially with the Securities and Exchange Commission for an initial public offering.

Security 370

Security Company 370

American Banker

NOVEMBER 12, 2024

This year, 90 banks made American Banker's 12th annual Best Banks to Work For ranking. The leaders of these institutions share how they keep their employees happy.

Community Bank 95

Community Bank Community Management 95

TheGuardian

NOVEMBER 12, 2024

FCA finds lender failed to check more than 60m transactions valued at £51bn Business live – latest updates Metro Bank has been fined nearly £17m by the UK’s financial watchdog for failings in its money laundering controls over four years. The Financial Conduct Authority (FCA) issued the £16.7m penalty after finding failures in monitoring 60m transactions over a four-year period that risked a “gap being left in the defence against the criminal use of the financial system”.

Metro 90

Metro System 90

ATM Marketplace

NOVEMBER 12, 2024

Should retail banks dump cash? Or should they adjust how they use it?

Retail 99

Retail 99

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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

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.

Payments 243

Payments Industry Marketing Company 243

American Banker

NOVEMBER 13, 2024

The top five banks have combined construction loans of more than $71 billion.

Industry 91

Industry Lending 91

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

Regulation 103

Regulation Management 103

The Paypers

NOVEMBER 11, 2024

Ant International has launched its MSME S-Card, aimed at introducing a sustainability impact on SMEs in their development process, as well as new green financing opportunities.

Cards 89

Cards Industry 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.

Analysis

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.

Technology 243

Technology Payments Company 243

American Banker

NOVEMBER 13, 2024

Recent multimillion-dollar elder fraud cases are leading to lawsuits and possible regulatory action.

Fraud 90

Fraud Technology 90

TheGuardian

NOVEMBER 10, 2024

Andrew Wrench’s case over ‘secret’ dealership commission could help UK consumers win billions in compensation Self-styled as the Erin Brockovich of the Potteries, and described by the court of appeal as “a postman with a penchant for fast cars”, Andrew Wrench is a force to be reckoned with. And while he may not be a household name yet, those who work in the multimillion-pound car-leasing industry will be all too aware of his campaigning zeal.

Industry 95

Industry Regulation 95

PopularBank

NOVEMBER 14, 2024

From frantic, last-minute shopping to festive party hopping, the holiday season is full of frenzied activity. Unfortunately, amidst the revelry, unsuspecting victims can easily get caught in traps set by cybercriminals. As you spread holiday cheer, don’t overlook the importance of protecting your personal and financial information. Online scammers, in particular. tend to be more active during the holiday months because more people are using their credit cards to make purchases across numerous we

Fraud 98

Fraud social media Cards Security 98

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.

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