9 perspectives on buy now/pay later that have banks watching
American Banker
AUGUST 22, 2022
Sat.Aug 20, 2022 - Fri.Aug 26, 2022
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By the Numbers: Banking apps underwhelm in connectivity
BankInovation
AUGUST 23, 2022
As mobile banking becomes more widely adopted by users of all ages, the technology comes with its own drawbacks, with nearly half of mobile banking customers saying their money-related apps and financial accounts regularly lose connectivity. U.S. customers at the younger end of the age spectrum are running into problems with mobile platforms, according to […].
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Are Rising Interest Rates and Inflation Impacting Reverse Mortgages?
SWBC's LenderHub
AUGUST 25, 2022
With rising interest rates, surging inflation, and a potential recession on the horizon, your borrowers are likely uneasy about the current economic landscape. The best way your financial institution can support them is by ensuring they are armed with information on how to best prepare for an economic downturn.
Fall In Love With the Month-End Close
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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.
Convera CEO revamps former Western Union biz
Payments Dive
AUGUST 23, 2022
Convera CEO Patrick Gauthier, the former head of Amazon Pay, aims to remake Western Union’s B2B unit and aid corporate clients in navigating currency volatility.
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Some Friendly Inflation News Appears Before Jackson Hole
South State Correspondent
AUGUST 26, 2022
Some Friendly Inflation News Appears. Treasury yields are higher this morning but off the highs of the day as today’s inflation numbers came in better-than-expected (more on that below). The market is awaiting the keynote address by Fed Chair Powell at Jackson Hole, due at 10am ET. Once we get past that event, and unless Powell is exceedingly more hawkish than expected, we could possibly see some bids returning to the market.
Check It Out: How Can You Better Protect Against Check Fraud at Your Institution?
Abrigo
AUGUST 22, 2022
Emerging Check Fraud Trends to be Aware of It seems check fraud will never go away, it just changes its approach every opportunity. Find out what the latest iteration looks like. You might also like this webinar, "Balancing compliance risk & reward with high-risk businesses." WATCH . Takeaway 1 The lottery or sweepstakes scam is becoming popular.
Payoneer battles e-commerce slowdown
Payments Dive
AUGUST 26, 2022
Payoneer is counting on global growth and new services to offset what CFO Michael Levine called e-commerce “softness.
Moving to One Minute TRACE Reporting: A Review of FINRA Proposed Changes to Rule 6730
Perficient
AUGUST 26, 2022
Background. FINRA has been collecting and disseminating fixed income transaction information through TRACE since 2002. Fixed income markets have continued to change dramatically since 2002, becoming more global while an increasing percentage of trades are made on or by electronic trading platforms. With the move to electronic trading and increased trade volume, FINRA has been considering ways to provide more timely and detailed data to the marketplace and regulators.
5 Ways You Can Win Faster with Gen AI in Sales
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.
Treasury Yields Drift Higher Ahead of Jackson Hole
South State Correspondent
AUGUST 24, 2022
Treasury Yields Drift Higher Ahead of Jackson Hole. Treasury yields are drifting higher this morning, but the moves are in range which is not surprising with Fed Chair Powell’s Jackson Hole appearance approaching this Friday. The 10yr Treasury yield is back above 3.00% and is currently at 3.09% while the 2yr-10yr spread is -27bps. This drift is likely to persist until we get past the Jackson Hole event on Friday morning.
FTC declines to extend comment period for proposed motor vehicle dealer rule
CFPB Monitor
AUGUST 24, 2022
The FTC has declined requests to extend the comment period for its proposed rule that would impose a number of new substantive and disclosure requirements on motor vehicle dealers in connection with the car buying or leasing process. . The FTC’s notice of proposed rulemaking (NPRM) was published in the Federal Register on July 13, 2022 with a 60-day comment period that ends on September 12, 2022.
Affirm scans landscape for acquisitions
Payments Dive
AUGUST 26, 2022
With plenty of cash on hand, Affirm CEO Max Levchin considers acquisitions as one of many routes for the buy now-pay later company to continue its growth.
Banking expert shares insight on preventing financial fraud
ATM Marketplace
AUGUST 26, 2022
How do banks combat fraudulent activity?
The Role of Automation in Commercial Lending
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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.
Data Architecture: 10 Reasons Why It Should Be In Your Strategic Plan
South State Correspondent
AUGUST 22, 2022
In 1983, Commodore International, with its Commodore 64 commuter, was the largest personal computer manufacturer in the market controlling over 50% of sales. By 1992, the Company was an afterthought, and by 1995 it was liquidated. Commodore’s demise is a case study of how NOT to care about your customers and why business intelligence through proper data architecture is critical.
The Basel regulatory framework: evolution of its textual complexity
BankUnderground
AUGUST 24, 2022
James Brookes, Matthew Everitt and Quynh-Anh Vo. The Basel III framework put in place in the aftermath of the Global Financial Crisis 2007–08 consists of a range of regulatory standards, each addressing a specific source of financial instability. Its implementation has however led to active discussion about whether the complexity of financial regulations has materially increased.
Google Wallet seeps into six more countries
Payments Dive
AUGUST 25, 2022
The tech giant extended its payment services to more nations as competition with Samsung Pay and Apple Pay intensifies.
UK and US banks among biggest backers of Russian ‘carbon bombs’, data shows
TheGuardian
AUGUST 23, 2022
Ukrainian campaigners call for immediate end to investments, to cut funds to war and help avoid climate breakdown US and UK financial institutions have been among the leading investors in Russian “carbon bomb” fossil fuel projects, according to a new database of holdings from recent years. Campaigners in Ukraine said these institutions must immediately end such investments, to limit the funding of Russia’s invasion of Ukraine and to avoid climate breakdown.
Outsource With Confidence for RDC Program Success
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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.
How to Choose a Hedge Provider as a Bank
South State Correspondent
AUGUST 21, 2022
Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. We also shared a table that summarized the two strategies. In this article, we will discuss what community banks should look for in a hedge provider, specifically in a loan-level hedging program.
Navigating Economic Uncertainty with Cisco Capital
Cisco
AUGUST 23, 2022
Inflation and an economic slowdown are causing IT budgets to tighten; business decision makers need flexibility in their IT spending options. As a result, many businesses are starting to feel the pressure to cut costs during a time that would have been spent investing in or upgrading their digital infrastructures. Since preserving capital will remain a top priority, decision makers will need to look for options that allow them to maintain or increase IT capabilities while keeping monthly spendin
Lawsuit filed against Block
Payments Dive
AUGUST 25, 2022
A class action lawsuit has been filed against Cash App Investing and parent company Block over a December 2021 data breach.
Last call for the Bank Customer Experience Summit
ATM Marketplace
AUGUST 23, 2022
If you are involved in the financial industry, banking, fintechs or self-service banking, you have an opportunity to network and learn at the Bank Customer Experience Summit, held in Chicago from Aug. 31 to Sept. 1. But you have to act fast as online registration closes Aug. 26.
It Takes Two to Tango
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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.
Fujitsu to offer digital security solution in metaverse
The Paypers
AUGUST 23, 2022
Japan’s JCB , JP GAMES , and Fujitsu have partnered for a year-long joint project to improve the security of distribution and sales of digital data in the metaverse and gaming world.
Armed Forces Bank uses automation to improve CX
BankInovation
AUGUST 26, 2022
Armed Forces Bank (AFB) is embracing digital transformation with several newly implemented processes aimed at providing an improved customer experience during everyday transactions. The $1.6 billion bank is using automation for card controls, allowing users to monitor transactions and establish account alerts, check imaging for deposits and digital chat enhancements that run on both APIs […].
DailyPay releases card with Visa
Payments Dive
AUGUST 23, 2022
The earned wage access provider introduced the new debit card after major changes in leadership earlier this year.
Business Equipment Financing
Commercial Lending USA
AUGUST 25, 2022
Do you need to buy or lease additional equipment to expand your business? At Commercial Lending USA, we have the solutions for you. We have expert to understand your needs and help you on financing to grow.
10 Ways to Leverage Buyer Signals and Drive Revenue
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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