Payments Dive

AUGUST 26, 2024

Gen Z and millennials were the age groups most likely to use loans and credit cards to respond to higher prices, a Federal Reserve research report said.

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Report Cards Millennials Management 448

Abrigo

AUGUST 26, 2024

CECL model risk assessments Possible areas of material misstatement in a CECL model can be identified with a risk assessments. You might also like this webinar: "Conducting an effective Q factor framework." WATCH Takeaway 1 The forward-looking CECL approach to estimating the allowance for credit losses introduces risks that auditors and examiners are scrutinizing.

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Compliance Management Regulation Data 195

South State Correspondent

AUGUST 26, 2024

It is rare that banking lends itself to a logic test, but we have been trying this loan risk and return riddle on hundreds of bankers across the country for years, and only a few bankers choose the correct answer. The riddle goes like this: You are presented with two loans. Loan A is priced at SOFR plus 1.50%, and Loan B is priced at SOFR plus 3.50%.

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Analysis Community Bank Community US 195

Perficient

AUGUST 28, 2024

Next-level personalization strategies will undoubtedly be a key topic at Salesforce’s largest event this year. Dreamforce is right around the corner taking place in San Francisco on September 17 to 19, and learning how to get the most out of your customer data with AI-powered tools is top of mind. Whether you’re attending in person or virtually, the conference boasts numerous opportunities to hear how some of the world’s largest brands are using data and AI to create personalized journeys and pr

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Data San Francisco Conference Branding 419

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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.

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TheGuardian

AUGUST 26, 2024

Rise to £675m after lifting EU bonus cap suggests lender may increase payouts to high-performing bankers Barclays has bulked up its half-year bonus pool for the first time in three years, raising bankers’ hopes of bigger annual payouts after the lender formally scrapped the EU bonus cap this month. The bank put £675m towards its bonus pool in the first six months of 2024, according to Barclays filings.

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Abrigo

AUGUST 30, 2024

Prepare now for potential changes to FHLBs Capital rules and membership criteria are among the areas where banks could see changes in how the Federal Home Loan Bank system operates. You might also like these popular resources on interest rate risk, liquidity, and CECL. See resources Takeaway 1 The FHLB system faces potential changes in its structure, operations, and mission that could affect financial institutions.

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San Francisco Risk Management New York Capital 195

South State Correspondent

AUGUST 28, 2024

Something might be getting lost in the tribal knowledge of managing time deposits. Certificate of deposit (CD) “specials” and the odd-month CD offering are good examples. As the legacy knowledge of deposit gathering is passed down from generation to generation of banker, some of the finer points of liability structuring are getting diluted with some knowledge just plain forgotten about.

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Management How To Training Comparison 195

TheGuardian

AUGUST 29, 2024

Arizona officials are investigating the death of Denise Prudhomme, 60, who was discovered by a colleague Officials in Arizona are investigating the death of a Wells Fargo employee who scanned into her office on a Friday morning and was found dead at her desk four days later. According to local outlets, authorities said 60-year-old Denise Prudhomme entered her Wells Fargo office building located on the 1100 block of West Washington Street in Tempe, Arizona, at 7am on 16 August.

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Payments Dive

AUGUST 27, 2024

The federal agency surveyed major retailers and was concerned to find three retailers impose $90 million in fees annually when consumers ask for cash back with a debit or prepaid card purchase.

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Retail Survey Cards 394

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Commercial Lending USA

AUGUST 28, 2024

A commercial land loan is an extensive financial choice that needs to be well thought out to be successful. Commercial Lending USA is the name you can trust regarding business land loans.

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Lending 104

ATM Marketplace

AUGUST 27, 2024

The deadline for online registration for the Bank Customer Experience Summit is Sept. 6.

Customer Experience 90

Customer Experience Banking Trends Trends Online 90

TheGuardian

AUGUST 27, 2024

Rhian-Mari Thomas, the head of the Green Finance Institute, persuaded Rachel Reeves to half the state’s stake – because the private sector was ready to step in At the start of this year, among the snowy Swiss slopes of the Davos business get-together , Rhian-Mari Thomas was ready to make an elevator pitch to the UK’s future chancellor, Rachel Reeves.

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Payments Dive

AUGUST 30, 2024

States began passing laws friendly to the industry in 2023 and have continued to pursue them this year, even after the federal government weighed in with a stricter standard.

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Industry 272

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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

American Banker

AUGUST 25, 2024

The institutions in American Banker's first grouping of top Credit Unions to Work For in 2024 are proving how important a fun but productive work environment can be.

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Groups 88

ATM Marketplace

AUGUST 30, 2024

Here are a few key facts to known about Allpoint ATMs and other surcharge-free ATM networks.

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ATM 89

TheGuardian

AUGUST 29, 2024

Matt Comyn tells parliamentary inquiry that criticism of business profits ‘erodes trust in institutions’ Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast The Commonwealth Bank chief executive, Matt Comyn, has described a proposed excessive profits tax as “insidious populism” and labelled criticism of profitable businesses as “fact-free rhetoric” that is damaging trust in public institutions.

Taxes 99

Taxes Policies Payments 99

Payments Dive

AUGUST 28, 2024

Four in five consumers are worried about identity theft or someone stealing their credit card numbers, according to a report this month from the credit monitoring agency Experian.

Online 269

Online Fraud Cards Report 269

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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.

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American Banker

AUGUST 30, 2024

In August's roundup of top banking news: The impact of National Public Data's breach on banks, USAA agrees to $64 million settlement in overcharging case and more.

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Data National Policies Industry 87

The Paypers

AUGUST 27, 2024

Russia’s central bank has considered amending the law to introduce a new category of ‘qualified investors,’ which would allow them to trade crypto.

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William Mills

AUGUST 27, 2024

Looking ahead, as summer transitions into fall, the trade show and conference season for fintechs and financial institutions will be a busy one. Whether it’s large events like Money 20/20 , Finovate Fall , or more focused events like Lend360 , the Auto Finance Summit or National Mortgage News’ Digital Mortgage conference, there are proven strategies that exhibitors and attendees can use to help ensure that they generate a good return on their trade show investment.

Fintech 81

Fintech Conference National Strategy 81

Payments Dive

AUGUST 30, 2024

The digital payments pioneer expects the fintech to capitalize on the rise of buy now, pay later services in the country.

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Groups Capital Fintech Payments 243

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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

American Banker

AUGUST 30, 2024

It's unclear what will happen when the Fed starts cutting interest rates, but community banks will be there to support their customers no matter what the economy looks like.

Community Bank 85

Community Bank Community 85

TheGuardian

AUGUST 29, 2024

Move to allow loans up to 5.5 times household annual income could prompt others to follow suit, say brokers Britain’s biggest mortgage provider is increasing the maximum sums it is willing to lend first-time buyers in a £2bn move that experts say will bring homeownership within the reach of more people but could further fuel house price rises. Lloyds Banking Group’s decision to let people borrow more means those who meet the criteria may be able to buy a property they might have assumed was well

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Groups Lending Meeting 80

SWBC's LenderHub

AUGUST 29, 2024

We all have preferences, and it can be a challenge to accommodate them all for your members. While some may prefer to maintain a sense of comfort with the familiar traditional route, others may race to explore the benefits of new advancements.

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Payments Dive

AUGUST 29, 2024

Federal Reserve Governor Christopher Waller suspects there could be more fraud and money-laundering if countries move too quickly to link their faster payments systems, he said at a conference.

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Conference Payments Fraud System 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.

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