Payments Dive

DECEMBER 2, 2024

Credit card debt will not slow shoppers down as they spend for the holidays, according to a new survey of U.S. consumers.

Cards 448

Cards Survey 448

Abrigo

DECEMBER 2, 2024

This article covers these key topics: Holiday risks: Thieves target checks in the mail Financial institutions can educate customers about holiday check fraud A staff refresher on check fraud red flags will help Check fraud detection software, collaboration, and reporting are crucial Check fraud risks during the holiday season Holiday check fraud puts financial institutions and their customers or members at risk.

Fraud 195

Fraud Virginia Software Report 195

South State Correspondent

DECEMBER 4, 2024

The Federal Reserve Bank of New York published three articles on why banks fail (the first one here ). While the aim of the research was to identify the cause of approximately 5,000 US bank failures over the course of 160 years, the research also infers what factors bank executes can influence to not only avoid failure but to improve performance. In summary, the research finds that bank failure is caused primarily by rapid asset growth, that then causes rising asset losses, deteriorating solven

Community Bank 195

Community Bank Community FDIC Tools 195

American Banker

DECEMBER 2, 2024

Banks have been returning some funds to fintech customers affected by the Synapse collapse, but a multimillion-dollar discrepancy between how much Synapse says customers are owed and how much the banks say they have remains.

Fintech 95

Fintech Technology 95

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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.

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BankUnderground

DECEMBER 4, 2024

Bowen Xiao Zero-day options have exploded in popularity in recent years, accounting for approximately half of S&P 500’s total options volume, a ten-fold increase from just 5% in 2016. Their flexibility, low premia and underlying leverage appeal to all market participants ranging from conservative investors hedging against intraday market volatility to aggressive traders speculating for quick profit generation.

Marketing 110

Marketing Risk Management Retail Capital 110

ATM Marketplace

DECEMBER 6, 2024

Industry 112

Industry 112

TheGuardian

DECEMBER 3, 2024

Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country The Vietnamese property tycoon Truong My Lan has lost her appeal against the death penalty for masterminding a multibillion-dollar fraud scandal – though she could still save her life if she can repay most of the funds she embezzled. Lan, who founded the real-estate developer Van Thinh Phat, was sentenced to death in April for embezzling $12bn (£9.95bn) from Saigon Commercial Bank (SCB), i

Fraud 108

Fraud 108

American Banker

DECEMBER 6, 2024

Telcoin is seeking to become the first chartered bank under Nebraska's Digital Asset Depository Institutions regime. Its CEO believes it can become a regulated bridge between crypto and banking.

Nebraska 93

Nebraska Regulation Policies cryptocurrency 93

Payments Dive

DECEMBER 3, 2024

With the proposal, the federal agency aims to crack down on fraudsters and others seeking to use sensitive personal information for illicit activities.

Data 416

Data 416

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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

Community Bank

ATM Marketplace

DECEMBER 4, 2024

Despite their dwindling numbers, most ATM owners are still finding plenty of uses for them. In the 17th edition of the ATM & Self-Service Software Trends survey, about 57% said their reliance on ATMs remained the same, while about 31% said they were more reliant on their ATMs.

ATM 117

ATM Software Trends Survey 117

Gonzobanker

DECEMBER 5, 2024

Will new infusions in the digital banking space translate to real innovation? This year has delivered many that wasnt on our digital 2024 bingo card moments for our industry. Two deals that were very much needed in the market were Candescents (the artist formally known as NCR Voyix) acquisition by Veritas Capital in September for $2.45 billion in cash (plus up to $100 million in contingent considerations) and Lumin Digitals growth equity raise of $160 million led by Light Street Capital, NewView

Digital Banking 87

Digital Banking Capital UX Innovation 87

American Banker

DECEMBER 6, 2024

With a business-friendly crypto and AI overseer, observers expect a softer government approach to tech projects and partnerships.

Industry 90

Industry cryptocurrency Technology 90

Payments Dive

DECEMBER 6, 2024

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366

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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.

Lending

BankBazaar

DECEMBER 2, 2024

Large cash transactions, particularly those exceeding specified thresholds, can attract attention from the Income Tax Department. While these regulations are designed to uphold the integrity of the financial system and prevent illicit activities, they are not intended to discourage legitimate transactions. Understanding which transactions might draw scrutiny can help taxpayers avoid unnecessary notices or penalties.

Taxes 78

Taxes Cards Regulation Report 78

Gonzobanker

DECEMBER 5, 2024

Will new infusions in the digital banking space translate to real innovation? This year has delivered many “that wasn’t on our digital 2024 bingo card” moments for the team at Cornerstone Advisors. Two deals that especially took us by surprise were Candescent’s (the artist formally known as NCR Voyix) acquisition by Veritas Capital in September for $2.45 billion in cash (plus up to $100 million in contingent considerations) and Lumin Digital’s growth equity raise of $160 million led by Light Str

Digital Banking 78

Digital Banking Marketing Capital Georgia 78

American Banker

DECEMBER 4, 2024

The three largest deals had an average round amount of more than $121 million.

Fintech 92

Fintech 92

Payments Dive

DECEMBER 2, 2024

Payments players charted an increase in spending over the Thanksgiving Day holiday weekend, with e-commerce sales growth outstripping the rise in stores.

Payments 259

Payments 259

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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

Cards

TheGuardian

DECEMBER 3, 2024

Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients The boss of Japanese bank Nomura has apologised and taken a voluntary pay cut after a former employee was charged with robbery and attempted murder of a customer. Kentaro Okuda, who has led Nomura since 2020, will take a 30% pay cut over the next three months, with several other senior managers at the bank taking similar reductions, the bank said.

Management 104

Management 104

Jack Henry

DECEMBER 2, 2024

When it comes to AI, compliance and accountability are more than regulatory obligations – they are commitments to your accountholders’ trust and the integrity of your financial institution. So, what happens if you don’t have robust AI governance and accountability structures in place? Consequences like regulatory penalties, potential biases in decision-making, and privacy breaches could harm your reputation and lead to financial losses.

Compliance 88

Compliance Survey Branding Strategy 88

American Banker

DECEMBER 5, 2024

These regulatory announcements in the banking industry are currently open to public comment.

Industry 88

Industry FDIC Compliance Regulation 88

Payments Dive

DECEMBER 4, 2024

The Federal Reserve projects the real-time payment system’s costs will climb slightly next year, from the $245.5 million it expects to spend this year.

System 243

System Payments 243

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

Community Bank

BankBazaar

DECEMBER 4, 2024

Weddings are more than just ceremonies. They’re larger-than-life productions steeped in traditions, emotions and societal expectations. From keeping up with the Sharmas to chasing Instagram-worthy moments, the pressure to spend big can be overwhelming. But why do we spend so much? Ah, weddings! The grand, glitzy spectacles that could rival even the most extravagant Bollywood sets.

Trends 78

Trends social media Cards Meeting 78

Jack Henry

DECEMBER 2, 2024

Digital account opening solutions have undoubtedly emerged as one of the most essential initiatives a financial institution should invest in. In fact, account opening has been a very hot topic in Cornerstone’s What’s Going on in Banking report for the past four years.

Online 88

Online Fraud Report Digital Banking 88

American Banker

DECEMBER 3, 2024

The top five banks in this list closed a net total of 175 branches in the third quarter.

US 90

US Industry 90

Payments Dive

DECEMBER 2, 2024

The Canadian payments software company said it expects the operational overhaul to impact 200 workers and result in savings that can be redirected to its priorities.

Software 243

Software Operations Payments Company 243

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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.

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