This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Meeting investment accounting and reporting requirements The right technology tools can help institutions manage investment accounting compliance and risk exposure across various investment types. Key topics covered in this post: Compliance risks of investment accounting Reducing "Key Person Risk" A single source of truth for pledging, collateral & risk management Faster closings and better decisions Streamlining regulatory adherence Financial institutions thrive on their ability to manage
Many banks are doing an excellent job at embracing generative AI (Gen AI). However, not all have a specific Gen AI strategy, and they should make their journey more efficient. A quality Gen AI strategy aligns an organizations objectives, its use cases, and the delivery mechanism and metrics that measure business value. In this article, we highlight some Gen AI strategy insights for community banks and provide tools to help bankers advance their programs.
Whenever someone asks me what the benefits of instant payments are, the unspoken question often left lingering in the air (or sometimes said out loud not all of you are as sensitive to my tender feelings ) is, My accountholders arent asking for instant payments, so why should I care?
The findings of a J.D. Power survey indicate that merchants are passing the cost of swipe fees onto customers, even though they’re lowering consumer satisfaction with the transaction.
Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
Potential cybersecurity and data privacy violations are among the many dangers of giving the Tesla CEO free rein over systems and data used for Social Security benefits and tax refunds.
The basics of confidence scam detection for banks and credit unions As Valentines Day approaches, many people are eager to find meaningful connections. Unfortunately, scammers take advantage of this time to exploit vulnerable individuals through confidence scams, one of the most prevalent and costly types of fraud in the U.S. Key topics covered in this post: How confidence scams work Red flags of a confidence scam Financial institutions' role in prevention Protecting clients, yourself, and you
The basics of confidence scam detection for banks and credit unions As Valentines Day approaches, many people are eager to find meaningful connections. Unfortunately, scammers take advantage of this time to exploit vulnerable individuals through confidence scams, one of the most prevalent and costly types of fraud in the U.S. Key topics covered in this post: How confidence scams work Red flags of a confidence scam Financial institutions' role in prevention Protecting clients, yourself, and you
Exclusive: Several women claim City grandee exploited his position to harass or sexually assault them in the 1990s One of the worlds most celebrated financiers, Sir Evelyn de Rothschild, has been accused of exploiting his position at the storied bank to abuse women who worked with him. The claims against Sir Evelyn, two years after his death, come from several women who said they felt unable to raise their concerns while he was still alive, because of his position within the bank and the British
A Treasury Department official sought to allay a senator’s concerns about DOGE staffers gaining access to the U.S. payments system, but sidestepped questions Tuesday. The issue escalated at a Wednesday hearing.
Community banks are an important part of the U.S. financial system and play a crucial role in both local communities and the national economy, ABA Vice Chair Cathy Owen told members of the House Financial Services Committee. The post ABA vice chair testifies before House on community banks economic role appeared first on ABA Banking Journal.
This article covers these key topics: Types of lending needs cannabis companies have to build their businesses Understanding the risks and opportunities of CRB lending The challenges financial institutions face when working to increase cannabis lending How to seize the opportunity with a balanced approach to CRB lending Is lending to CRBs right for your institution?
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.
Santanders specialist squad aims to save customers from the grips of fraudsters offering romance and more A widowed pensioner is on the end of the phone and hes flustered. Hes expecting his girlfriend to move in with him next month. He has never met her, but he has photos of a young blonde woman and weeks of texts pledging her devotion. On an industrial estate in Bootle on Merseyside, Clare is trying to deflate his dreams.
Citing possible adverse unintentional consequences to CECL practices at community banks, ABA said it opposed changes proposed by the Financial Accounting Standards Board relating to estimating credit losses on non-bank accounts receivable. The post ABA recommends FASB staff memo to address certain nonbank CECL concerns appeared first on ABA Banking Journal.
What financial institutions need to know before a merger or acquisition The resurgence of mergers and acquisitions (M&A) in the banking sector presents both exciting opportunities and complex financial challenges. With 43% of bank leaders indicating they are likely to acquire another institution by 2025, understanding the nuances of M&A accounting is critical to a successful transaction.
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.
Planned overhaul would see Georges Elhederys salary cut, with bonuses potentially raising maximum pay by 43% The new chief executive of HSBC, Georges Elhedery, could scoop a maximum pay package worth more than 15m as part of a potential deal being put to its biggest shareholders. The banks remuneration committee is testing whether investors are receptive to an overhaul that would slash Elhederys salary but boost his potential bonus payouts and ultimately raise his maximum pay package by nearly 4
Video game players and their parents submitted comments to the Consumer Financial Protection Bureau saying they overspent, or lost their accounts to hackers.
Every time I meet a new bank CEO, I hear the same thing Ive heard from thousands of other bank CEOs before. They say, Roxanne, its different here. Here, we have to measure rates. Here, we have pricing competition. Thats just how it is. Ill never forget meeting two gentlemen years agoone was the CEO, the other the president of a bank. They picked me up in their SUV as we headed to their kickoff meeting.
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.
Outage comes on HMRCs deadline day for settling self-assessment tax returns a pay day for many workers A serious IT glitch has left some Barclays customers locked out of their accounts throughout the night and almost 24 hours on from the banks initial outage. Barclays has apologised to customersand said it was currently facing intermittent errors with its payment system.
Long-term partnerships between banks and fintechs are the real future of financial services. Pharmaceutical firms' relationships with contract research organizations offer a useful model.
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.
Exclusive: Bank holds crisis meeting to discuss response to news that Sir Evelyn de Rothschild left after allegation of sexual misconduct Senior bankers at Rothschild & Co gathered on Tuesday in a meeting room at its St Swithins Lane headquarters in the heart of the City of London to discuss a memo that would shake the storied financial group to its foundations.
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.
We organize all of the trending information in your field so you don't have to. Join 23,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
195 
Let's personalize your content