BankInovation
JULY 3, 2023
Fraud rates continue to climb each year as fraudsters scale operations. For banks seeking to protect themselves from financial crime, it can feel like a losing battle. The Federal Trade Commission received more than 2.
The Financial Brand
JULY 4, 2023
This article A Banker’s Guide to Digital and AI Transformation Success appeared first on The Financial Brand. McKinsey's digital & artificial intelligence leaders offer a roadmap to transformation success, including a case study on how DBS Bank did it. This article A Banker’s Guide to Digital and AI Transformation Success appeared first on The Financial Brand.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
American Banker
JULY 5, 2023
The Home Loan banks are failing to serve huge numbers of Americans because of their reliance on outdated credit scoring models.
Payments Dive
JULY 5, 2023
Just 40% of consumers feel confident in the security and safety of their debit cards, J.D. Power said.
Advertisement
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.
ATM Marketplace
JULY 4, 2023
How do banks develop hospitality? A panel at the Bank Customer Experience held in Charlotte, North Carolina from Sept. 12 to 13 will look at this topic in detail.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
The Paypers
JULY 3, 2023
Kuwait-based fintech Spare has obtained the KSA Open Banking certification, based on the Open Banking Framework released by the Saudi Central Bank.
American Banker
JULY 2, 2023
Higher capital requirements tend to drive certain lending activities away from banking and toward so-called shadow banks. How regulators shore up banks without driving their customers away is the source of a spirited philosophical debate in Washington.
The Financial Brand
JULY 5, 2023
This article How Branding Pays Off in the Bottom Line and in Tough Times appeared first on The Financial Brand. In the wake of so much banking turbulence this spring, one clear lesson is how branding has powerful benefits that help boost the bottom line. This article How Branding Pays Off in the Bottom Line and in Tough Times appeared first on The Financial Brand.
Payments Dive
JULY 6, 2023
The Federal Trade Commission revved up its case against Walmart last week, alleging the retailer facilitated fraudulent transactions, despite a court ruling setback in March.
Advertisement
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
CFPB Monitor
JULY 5, 2023
The CFPB announced that on July 11, 2023 it will host a hearing on medical billing and collections, with a focus on medical payment products, such as medical credit cards and installment loans. In addition to Director Chopra, the hearing will include agency officials from the White House, the U.S. Department of Health and Human Services, and the U.S.
BankUnderground
JULY 5, 2023
Ambrogio Cesa-Bianchi, Ed Hall, Marco Pinchetti and Julian Reynolds The remarkable stability of US inflation dynamics in the pre-Covid era had led many to think that the Phillips Curve had flattened. However, the sharp rise in inflation that followed the Covid-19 pandemic ignited a debate on whether the Phillips Curve had steepened and, in particular, whether its slope depends on some particular macroeconomic conditions.
BankInovation
JULY 7, 2023
HSBC is increasing its investment in quantum computing innovation after teaming up with Quantinuum in May. The $3 billion bank joined a quantum-secured network by BT and Toshiba that will use quantum key distribution (QKD) technology to protect against advanced cyber threats, according to a Wednesday HSBC release.
Payments Dive
JULY 6, 2023
Fidelity National Information Services will sell a 55% stake in Worldpay to the private equity firm GTCR for $11.7 billion, valuing the company at $17.5 billion.
Advertisement
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.
CFPB Monitor
JULY 5, 2023
The CFPB recently issued its annual fair lending report covering its fair lending activity in 2022. In the report’s discussion of the CFPB’s risk-based approach for prioritizing fair lending supervisory and enforcement activity, the CFPB indicates that in 2022, much of its supervision efforts focused on mortgage origination and pricing, small business lending, policies and procedures regarding geographic and other exclusions in underwriting, and the use of automated systems and models. .
BankUnderground
JULY 7, 2023
Ivan Yotzov, Nicholas Bloom, Philip Bunn, Paul Mizen, Ozgen Ozturk and Gregory Thwaites Since late 2021, annual CPI inflation in the UK increased sharply. Alongside this increase, there was also a significant rise in firm and household short-term inflation expectations. In this post, we use data from the Decision Maker Panel (DMP), a UK-wide monthly business survey, to study whether there is an effect of CPI data releases on firms’ current inflation perceptions and year-ahead inflation expectati
Ublocal
JULY 7, 2023
As home values have increased in VT and NH in the last few years, you may have more equity in your home than you think. That equity can be borrowed against with a Home Equity Line of Credit (HELOC), or a Home Equity Loan to fund home improvements and renovations. Keep reading to learn about the differences between these two types of home financing, what they are best used for, and what to consider before applying.
Payments Dive
JULY 7, 2023
CFO Matt Briers took home higher compensation as he prepares to step down from the company. The money transfer service’s CEO also is leaving for a planned sabbatical in September.
Advertisement
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
Realwired Appraisal Management Blog
JULY 5, 2023
More than 50% of chief appraisers, reviewers and commercial appraisers from my informal survey thought report quality declined in the past 10 years. They say appraising is an art. But just like art, there’s amazing work and “meh” work. Some appraisers rely on external reviewers to fix their art. Houston, we have a problem.
BankInovation
JULY 5, 2023
Michigan State University Federal Credit Union developers are investigating how to use AI in its software coding. The $7.45 billion credit union has several teams, including managers, vice presidents and developers, exploring AI use cases through its innovation lab, The Lab, Ami Iceman-Haueter, chief research and digital experience officer at MSUFCU, told Bank Automation News.
TheGuardian
JULY 5, 2023
This live blog is now closed, you can read more of our UK political coverage here Yesterday Sajid Javid, the Tory former health secretary, called for the creation of a royal commission to consider the future of the NHS. He argued that this would take the debate about the future of the service out of the realm of party politics, and, in an article in the Times , he said that in private politicians believed that the NHS was unsustainable in its current form.
Payments Dive
JULY 5, 2023
The move, if true, would mark a 180-degree turn after Goldman and the tech giant extended their partnership until 2029 in October.
Advertisement
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.
Gonzobanker
JULY 6, 2023
Banking executives faced with rapid-fire industry changes may feel at times like they’re playing “Whack-a-Mole,” “Red Rover, Red Rover,” “Duck, Duck, Goose!” or any of those childhood games that if you were on the wrong team, on the wrong side of the line, or wearing the wrong clothes, chances were good you’d experience shame, blame or bruises. I feel your pain!
CFPB Monitor
JULY 5, 2023
Community Financial Services Association of America (CFSA) has filed its brief with the U.S. Supreme Court in which it asks the Court to affirm the Fifth Circuit panel decision in CFSA v. CFPB. In that decision, the panel held the CFPB’s funding mechanism violates the Appropriations Clause of the U.S.
Jack Henry
JULY 5, 2023
In today's age, technology modernization provides a plethora of benefits to consumers, financial institutions, businesses, and yes, even fraudsters and cybercriminals.
Payments Dive
JULY 7, 2023
Two years after purchasing Returnly for $300 million, Affirm said it’s divesting the returns management platform business.
Advertisement
Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se
Expert insights. Personalized for you.
98 
Let's personalize your content