Abrigo

DECEMBER 10, 2024

This article covers these key topics: What constitutes elder financial exploitation and why it may be increasing Financial institutions should be familiar with these red flags of elder abuse Enhancing AML programs to account for elder financial exploitation will help Following FinCEN guidance, utilizing fraud detection software, and reporting are crucial Combat elder financial exploitation with tips from FinCEN Demographic considerations and the vulnerabilities of old age put financial instituti

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Fraud Training Software social media 195

Jeff For Banks

DECEMBER 10, 2024

There have been some humbling moments in Top 5 recognitions, with some award recipients failing and one voluntarily liquidating. Although we seek long-term performance in our 5-year lookback to mitigate the risk of banks that stoke performance with risky bets, we are reminded that banking is a long game. Business models built to endure do so over different economic cycles.

Las Vegas 69

Las Vegas Lending Community Bank North Carolina 69

American Banker

DECEMBER 9, 2024

The Federal Reserve's interest-rate cut came too late in the third quarter for banks to capitalize on. Leaders say the fourth quarter will yield better growth.

Capital 81

Capital Industry 81

Payments Dive

DECEMBER 12, 2024

The digital payments pioneer plans to increase fees U.S. merchants pay for some of its services, including buy now, pay later options, starting next month.

Payments 435

Payments 435

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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

South State Correspondent

DECEMBER 12, 2024

Should borrowers pay commercial loan points to lower future interest payments? Loan or mortgage points are upfront fees paid by the borrower to the lender to reduce the interest rate on a loan or mortgage. For example, assume that a borrower is considering a loan, structured as a 25-year amortization, due in ten years, at 7.00% fixed rate. For this loan, the bank should be able to accept a $36k upfront fee to lower the payment on the loan by 50bps to 6.50%.

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Taxes Examples Payments Analysis 195

Gonzobanker

DECEMBER 12, 2024

The stage is set for a massive leadership transition that will reshape the foundation of the banking industry. Picture this: atidal wave of change comes crashing over the financial services industry, sweeping away the old guard and ushering in a new era of leadership. Fiction? Not if you trust various Industry experts who predict that half of all board and senior management positions will turn over to fresh facesby the end of 2025.

Leadership 104

Leadership Industry Strategy Examples 104

Payments Dive

DECEMBER 12, 2024

Shift4 quietly updated its website in recent days to say that Eigen Payments is now a part of the payments processing company.

Payments 410

Payments Company 410

South State Correspondent

DECEMBER 12, 2024

If you are conducting bank strategy or marketing around demographic information, at best you are being lazy and ineffective. At worst, you are being sexist, ageist and a bunch of other names that can hurt your culture and reputation while wasting your marketing budget. In this age of data, getting to the Holy Grail of marketing understanding the intent of what the customer is a three-month project away.

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social media Tools Marketing Data 195

ATM Marketplace

DECEMBER 13, 2024

Addressing a crowd of business leaders and industry operators, King shared his insights into the evolving landscape of automation, robotics, and artificial intelligence, emphasizing the importance of balancing technological ambition with practical implementation.

Industry 105

Industry Operations Technology 105

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

William Mills

DECEMBER 12, 2024

The highly anticipated Wicked film is more than just a blockbuster adaptation of a Broadway classicits a masterclass in thoughtful storytelling, an exploration of complex relationships, and a testament to the power of embracing individuality.

Strategy 84

Strategy 84

Payments Dive

DECEMBER 13, 2024

The former worker issued dozens of cards linked to accounts opened by another TD employee in the names of shell companies, and received bribes for that work, the Justice Department alleged.

Cards 370

Cards Company 370

American Banker

DECEMBER 10, 2024

The industry should rally behind the Financial Data Exchange, which has stepped up to help develop standards and governance protocols for open banking in the United States.

United States 83

United States Data Industry Compliance 83

ATM Marketplace

DECEMBER 13, 2024

In today's podcast, experts from Oregon Community Credit Union and Cook Solutions Group discussed vendor management and made the case for switching to one vendor.

Oregon 98

Oregon Community Groups Management 98

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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

Ublocal

DECEMBER 13, 2024

Year-End Financial Checkup: Are You on Track? The end of the year isnt just made for celebrations, its a time to take a look at your finances and see where you stand. We dont just mean a quick glance at your savings and checking accounts, a financial review means assessing your financial progress and setting goals for the new year. Why Budget Reviews Matter A budget review means taking a close look at your income and spending over the past year.

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Taxes New Hampshire Vermont Meeting 75

Payments Dive

DECEMBER 12, 2024

“Companies that delay action risk losing out on both improved payment experiences and potential business with companies whose systems no longer sync up,” writes one industry senior vice president.

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Meeting System Industry Company 364

American Banker

DECEMBER 9, 2024

Customers of fintechs affected by Synapse's bankruptcy have been waiting since May for money they had in their accounts, and $65 million to $85 million still appears to be missing.

Fintech 83

Fintech Technology 83

TheGuardian

DECEMBER 11, 2024

Two lenders can challenge October decision that undisclosed commission paid to car dealers is unlawful The supreme court has granted permission for two car lenders to appeal against a landmark ruling on motor finance commission payments that has left firms fearing a potential 30bn compensation bill. The decision gives Close Brothers and the MotoNovo owner FirstRand a chance to overturn a shock ruling by the court of appeal in October which said that paying secret commission to car dealers witho

Payments 72

Payments Groups Industry 72

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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

ABA Community Banking

DECEMBER 12, 2024

The banking industry reported net income of $65.4 billion in the third quarter of 2024, a decrease of $6.2 billion, or 8.6%, from the prior quarter, according to the FDIC. The post Quarterly Banking Profile: Banking net income $65.4 billion in Q3 2024 appeared first on ABA Banking Journal.

FDIC 52

FDIC Industry Report Community Bank 52

Payments Dive

DECEMBER 13, 2024

The Swedish buy now, pay later provider is expanding with the global marketplace company as it contemplates a U.S. initial public offering.

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Company 361

American Banker

DECEMBER 11, 2024

Institutions like BMO Financial Group and Bank of Nova Scotia saw earnings bogged down by increased loan loss provisions and higher tax rates.

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Taxes Groups Industry 78

TheGuardian

DECEMBER 9, 2024

Specialist law firms and CMCs could be in line for massive payday with their cuts from consumer compensation A cloud of anxiety was hanging over the British Motor Museum. Alongside showrooms featuring the 1988 Le Mans-winning Jaguar XJR-9 and the Land Rover Defender used in opening scenes of the James Bond film Skyfall, were conference rooms filled with worried lawyers, bankers and compliance staff from across the motor lending industry.

Company 66

Company Management Conference Compliance 66

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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

ABA Community Banking

DECEMBER 10, 2024

Independent Bank in Rockland, Massachusetts, has agreed to buy Enterprise Bancorp in Lowell. The post Massachusetts banks announce merger appeared first on ABA Banking Journal.

Massachusetts 52

Massachusetts Community Bank Community 52

The Financial Brand

DECEMBER 10, 2024

This article Wealth Management Is Transforming. Which Banks and Challengers Will Come Out on Top? appeared first on The Financial Brand. With an imminent, massive wealth transfer expected over the next twenty years, banks and challengers must position themselves to meet the needs of a new breed of customer. This article Wealth Management Is Transforming.

Management 34

Management Branding Meeting Fintech 34

American Banker

DECEMBER 12, 2024

Banks that don't focus on credit cards for this market may find larger banks and fintechs are eating their lunch.

Cards 78

Cards Fintech Marketing Community Bank 78

BankBazaar

DECEMBER 10, 2024

On International Mountain Day, we reflect on how mass tourism in hill stations impacts local economies, culture, and the environment, and the need for sustainable practices both environmental and financial. Growing up amidst the majestic peaks and tranquil valleys of the hills and mountains in India, well before any of them were discovered by tourists, has been one of the greatest privileges of my life.

Community 78

Community US Industry Regional 78

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