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 261

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 94

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.

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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.

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Fraud Payments Data 482

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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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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.

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South State Correspondent

JULY 29, 2024

It has long frustrated us that our industry has no aggregate banking calendar. That is, there is no single place to see all the banking conferences, workshops, symposiums, and conventions (we will use the generic “conference”) in the banking industry. If you are trying to budget for next year, train yourself, train your people, prospect, or explore a particular discipline, it will take you hours of research, and you will likely still come up short.

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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

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.

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ATM Retail Security 117

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 99

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

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

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.

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Cards Report 397

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 111

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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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

Commercial Lending USA

JULY 29, 2024

Bust myths about hard money loans in Florida! Learn how to get funding fast for real estate investment & reach your goals with Commercial Lending USA.

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Florida Lending How To 90

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.

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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.

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Fraud Regulation Survey Compliance 88

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 93

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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

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 80

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

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

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 79

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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

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.

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Payments 74

Payments Dive

JULY 31, 2024

Just Walk Out is rolling out an advanced AI model that the company says will make its system more accurate and efficient and less costly to implement.

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System Company 221

American Banker

AUGUST 2, 2024

The payment option has grown beyond underbanked consumers. For issuers, a $1 trillion market is at stake.

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Cards Marketing Payments 87

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 77

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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