Accenture

AUGUST 2, 2024

As you start strategic planning this August, consider this: automated, data-driven lending is no longer a future vision—it’s happening now. In our Commercial Banking Top Trends for 2024, we spotlight this critical trend shaping the industry’s future. This three-part blog series looks at the future of lending, reflecting on industry experiences and providing insights into… The post Key disruptions shaping the future of lending appeared first on Accenture Banking Blog.

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Lending Trends Industry Data 259

American Banker

AUGUST 1, 2024

Despite the continuing trends of consolidation and limited startup activity, bankers and industry insiders say there is a path forward. But small lenders must evolve with changing technology.

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Community Bank Community Trends Industry 93

Jack Henry

JULY 30, 2024

With today’s accountholders expecting you to have the necessary precautions in place to minimize downtime and protect their data, data resiliency and recovery solutions are critical to your short- and long-term success.

Data 97

Data Digital Banking Fraud Security 97

Payments Dive

JULY 31, 2024

Generative AI could help spot fraudulent patterns in transaction data and reduce the cost of processing payments, says a McKinsey consultant.

Fraud 482

Fraud Payments Data 482

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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

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BankInovation

AUGUST 1, 2024

Payments behemoths continued investing in technology to control costs and streamline operations in the second quarter. Visa and Mastercard are deploying AI for the following: To fight fraud; Enhance data and analytics; and Boost accounting and sales operations.

Fraud 65

Fraud Analytics Payments Operations 65

ATM Marketplace

AUGUST 2, 2024

A panel entitled "Using Financial Education as a Marketing, Engagement Tool" at the Bank Customer Experience Summit held in Charlotte from Sept. 9 to 11 will address this topic in detail.

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Tools Charlotte Marketing How To 115

Payments Dive

AUGUST 2, 2024

Financial institutions expect business clients to be a driver of instant payment revenue, but adopting the technology comes with hurdles, the results of a recent survey showed.

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Survey Payments Technology 397

TheGuardian

JULY 30, 2024

Outgoing CEO Noel Quinn will have paid $34.4bn to investors during final 18 months in post HSBC is giving a further $4.8bn to shareholders, providing a final parting gift from the outgoing chief executive, Noel Quinn, after a rise in second-quarter profit. The London-headquartered bank said it would buy back another $3bn (£2.3bn) worth of shares from investors, who will receive $1.8bn in fresh dividends.

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American Banker

JULY 29, 2024

Each year, in advance of our Most Powerful Women in Banking and Finance awards, American Banker puts together a list of 15 women who are rising stars at their banks. The honorees, all women 40 years old and younger, are nominated by an executive at their institution who believes that she has the potential to ascend to the C-suite.

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Industry 92

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Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.

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ATM Marketplace

JULY 30, 2024

Retail ATMs will still be a staple in the years to come for a variety of key reasons related to customer preferences, security and more.

ATM 121

ATM Retail Security 121

Payments Dive

AUGUST 2, 2024

“In the aftermath of the CrowdStrike outage, Congress and state lawmakers should look for opportunities to build backups and redundancies into critical online systems,” writes a payments consultant.

Cards 369

Cards System Online Payments 369

BankUnderground

AUGUST 2, 2024

Jenny Chan, Sebastian Diz and Derrick Kanngiesser In recent years, increases in global energy prices have posed significant challenges for net energy importers such as the UK or the euro area. In addition to the inflationary impact, increases in the relative price of energy imply a decline in real incomes for the energy importers. In this blog post, we introduce a macroeconomic model that captures the direct adverse effects on aggregate demand caused by energy price shocks (a notion that resonat

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Policies Resources US Marketing 77

American Banker

AUGUST 1, 2024

Financial institutions have trouble pinning down a common definition of AI and figuring out which of their processes incorporate the technology. That can lead to trouble with regulators.

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Regulation Technology 88

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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

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TheGuardian

JULY 31, 2024

Federal government’s promise to force banks to reimburse scam victims criticised as ‘too vague’ and ‘a mess’ Get our morning and afternoon news emails , free app or daily news podcast The government’s proposed reforms to laws on financial scams let the banking system off the hook, are inferior to policies applied overseas, are complicated for victims and will not be legislated before Australians lose many more billions of dollars, according to consumer advocates.

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social media Policies System 79

Payments Dive

JULY 31, 2024

Slowing card volume growth in the network giant’s earnings report this month revived questions about the longevity of its core business.

Cards 397

Cards Report 397

BankInovation

JULY 30, 2024

PayPal is investing in its platforms and capabilities to keep up with consumer demand for digital payments. “Today, we operate in a massive, $6 trillion plus, global e-commerce market that benefits from the ongoing digitization of payments,” PayPal President and Chief Executive Alex Chriss said during today’s second-quarter earnings call.

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Operations Payments Marketing 69

American Banker

JULY 29, 2024

In a new survey of bank executives from IntraFi, 90% of respondents said instances of check fraud have increased in recent years and half want law enforcement to make check fraud a bigger priority to stop criminals from stealing checks in the mail.

Fraud 88

Fraud Regulation Survey Compliance 88

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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

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TheGuardian

JULY 30, 2024

Assistant treasurer Stephen Jones to tell National Press Club that digital platforms must also be pushed to take more preventative action The federal government is promising to change the law to force banks to compensate Australian customers who are tricked into transferring money to scammers, accusing them of doing too little to prevent people from being duped out of more than $2bn every year.

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National 83

Payments Dive

JULY 29, 2024

In commenting on the proposal, the BNPL provider said consumers would be better served by rules specific to BNPL transactions, as opposed to credit card regulations.

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Regulation Cards 243

ATM Marketplace

AUGUST 1, 2024

As the digital landscape continues to evolve, so do the methods employed by criminals seeking illicit gains. In 2018, the U.S. Secret Service sounded the alarm on a burgeoning threat – jackpotting attacks.

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American Banker

AUGUST 1, 2024

Afterpay co-founder Nick Molnar will lead a centralized sales structure, part of a larger organizational change as the firm battles firms like PayPal and Stripe to reach merchants.

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Innovation Management cryptocurrency Payments 81

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

A good, fast, clean audit leads to a happy work life. Join us in this one-hour webinar, where we share the best ways to prepare and conduct your audit process to maximize audit satisfaction and minimize administrative time in month-end close and financial reporting. Learning objectives: This course objective is to review leading practices to maximize audit success.

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BankInovation

JULY 30, 2024

Fintech funding saw a rebound in the second quarter as global funding increased to $8.9 billion, up 11% year over year. The U.S. saw the most fintech funding during the quarter at $4.8 billion across 324 deals, followed by Europe with $1.

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Fintech Data Payments 67

Payments Dive

JULY 29, 2024

The law firm falsely suggested it represented well-known businesses in the claims filing process and blamed an outside party for the snafu that prompted a call for sanctions.

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The Paypers

AUGUST 2, 2024

People’s Clearinghouse has announced its partnership with the Interledger Foundation in order to launch a digital cross-border payment infrastructure project.

Payments 74

Payments 74

American Banker

AUGUST 2, 2024

While banks are trying to advance, regulators are lagging, with outdated rules failing to address today's technological and digital asset realities. It's time for a new paradigm in banking regulation.

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Regulation Technology Compliance Fintech 81

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Discover the key benefits of portfolio loans and learn how to streamline your lending process with our infographic, "5 Things Lenders Need to Know About Portfolio Loans & Their Documentation." Find out how portfolio loans can maximize borrower potential by consolidating multiple properties under a single loan, reducing paperwork, and lowering closing costs.

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