Sat.May 08, 2021 - Fri.May 14, 2021

article thumbnail

Embracing Real-Time Payments

Bobsguide

The past 12 months have accelerated the trend of moving consumers away from cash and more towards digital and contactless payments. With the pandemic having blurred the lines between people’s professional and personal lives, this consumer preference has also had a similar affect in the

article thumbnail

Assessing Global Cash Flow Post Pandemic

Abrigo

The What, When, and How of Global Cash Flow While many institutions have already implemented global cash flow, are they using it effectively in the post-pandemic world? You might also like this webinar on assessing global cash flow. WATCH. Takeaway 1 Global cash flow can provide a more holistic lending picture as lending decisions have become more complex.

Analysis 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are You Losing Good-Credit Customers to Suboptimal Debt Collection Practices?

Perficient

2020 had a significant impact on families from many perspectives. Consumers who worked extremely hard to achieve coveted top credit scores were caught off guard and ended up having to rely on their savings to stay in good standings with banks and creditors. Unfortunately, no one could predict how long the impact would last, and therefore those consumers fell into delinquency.

Analytics 436
article thumbnail

Safaricom in talks with Amazon about mobile payments

Payments Source

Mobile 174
article thumbnail

Fall In Love With the Month-End Close

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.

article thumbnail

Banks: Investors need to know ESG factors to stay relevant

Bobsguide

Investors need to start ingesting ESG factors in their overall value proposition to remain relevant, according to Simone Vroegop, head of investor services strategy for Europe and Asia at Brown Brothers Harriman. “ESG has gone from a hype to the biggest revolution where virtually all.

Strategy 167

More Trending

article thumbnail

Market Commentary: Week of May 10, 2021

SWBC's LenderHub

Last Week: In an action-packed week, the equity markets continued the big equity rotation trade where the high-flying “Big Tech” and “Fintech Disrupter” stocks lost more ground to value stocks, such as banks. A good example of the activity could be found in two Exchange Traded Funds. Cathy Wood’s Ark Innovation (ticker: ARKK) fell 9% week-over-week, while Invesco’s ETF that tracks the KBW Bank Index (ticker: KBWB) advanced 4%, setting a new all-time high on Friday.

Marketing 148
article thumbnail

MoneyGram, Coinme to allow bitcoin to be traded for cash in person

Payments Source

Bitcoin 165
article thumbnail

The consumption response to borrowing constraints in the mortgage market

BankUnderground

Belinda Tracey and Neeltje van Horen. How is household consumption affected by borrowing constraints in the mortgage market? In a new paper , we answer this question by studying the UK’s Help to Buy (HTB) program over the period 2014–16. The program facilitated home purchases with only a 5% down payment and resulted in a sharp relaxation of the down-payment constraint.

Marketing 142
article thumbnail

Managing Financial Risk in a Post-Pandemic Environment

Abrigo

Align inputs, outputs, and teams for risk optimization. How can financial risk models within the bank or credit union benefit from using the same sheet music? Check out this webinar on Enterprise Risk Management. WATCH ON-DEMAND. Takeaway 1 Enterprise Risk Management is a priority for financial institution leaders but still maturing. Takeaway 2 Key assumptions from financial models can and should be reused for better, performant risk assessments.

article thumbnail

5 Ways You Can Win Faster with Gen AI in Sales

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.

article thumbnail

Google steps into the banking sector

Bobsguide

Google’s head of retail banking, Zac Maufe, confirmed the tech giant is stepping into the banking sector. “We're really excited because we think that there are so many technologies and capabilities that Google has to offer that can be brought into the financial services space and.

Google 137
article thumbnail

Payments innovation is key to bridging the financial gender gap

Payments Source

article thumbnail

Leave My Interchange Alone!

Gonzobanker

The Fed’s proposed change to the Durbin Amendment could mean big losses in payment card interchange income for financial institutions. This week marks the 10 th anniversary of the Durbin Amendment (Regulation II) to the Dodd-Frank law that went into effect on Oct. 1, 2011. It is a momentous occasion that we will all celebrate … NOT. Non-regulated financial institutions should be grateful that it has taken the Federal Reserve this long to officially muck up the current legislation.

Cards 135
article thumbnail

What Basic Functions Should My Loan Origination System (LOS) Perform?

Abrigo

Features of a Commercial LOS What basic functions should a loan origination system complete? What should an LOS vendor provide? . You might also like this Aite Group report on LOS vendors. DOWNLOAD. Takeaway 1 Know the features and functions of a loan origination system (LOS) if your financial institution is shopping for one or upgrading. Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing.

System 195
article thumbnail

The Role of Automation in Commercial Lending

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.

article thumbnail

Enabling Business Observability with AppDynamics

Cisco

The move to an all-online world has been expedited by the Covid-19 pandemic, and many companies have had to accelerate their timelines for digital transformation dramatically. The impact of the pandemic has been felt across every industry in a way that no-one could have predicted. For financial services, this meant unforeseen challenges and significant disruption.

article thumbnail

Hackers using text messaging to target retailers

Payments Source

Retail 156
article thumbnail

Goldman Sachs executive quits after making millions from Dogecoin

TheGuardian

The crypto asset is down more than 30% this week but is still up by more than 1,000% from the start of 2021 A senior manager at Goldman Sachs in London has quit the US investment bank after making millions from investing in Dogecoin, the joke crypto asset which has risen by more than 1,000% in value this year. City sources said Aziz McMahon, a managing director and head of emerging market sales, had resigned from the bank after making money from investing in the digital currency based on the Dog

article thumbnail

Greetings from the new editor

ATM Marketplace

As the new editor of ATM Marketplace, I would like to offer my sincerest greetings. My name is Bradley Cooper.

ATM 107
article thumbnail

Outsource With Confidence for RDC Program Success

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.

article thumbnail

KeyBank ramps up RPA ops

BankInovation

Improved data quality and cost savings have spurred KeyBank to roll out robotic process automation (RPA) in its frontline, back office and technology operations recently. KeyBank first implemented RPA solutions via the cloud-native, web-based and AI-infused Automation Anywhere platform in 2018, said Dominic Cugini, chief information officer of service digitization at the $170 billion KeyBank, […].

article thumbnail

Fraud shifts to mobile, loyalty in 2020

Payments Source

Fraud 152
article thumbnail

‘It was appalling’: man sees fraudsters emptying account – but can’t stop them

TheGuardian

After the victim was left on hold and cut off, the bank told him it was up to him to try to recover the money A business manager has described watching helplessly as fraudsters emptied his current account, even as he desperately tried to get through to someone at his bank to stop the theft. Alerted by a text from Lloyds bank last month warning him that a £4,100 payment was leaving his current account, Adrian Giles* leapt into action and immediately called to halt it.

Fraud 101
article thumbnail

How Texas wants to use ATMs to stop human trafficking

ATM Marketplace

A Texas house bill aims to fight human trafficking by requiring operators to register white-label ATMs.

Texas 104
article thumbnail

It Takes Two to Tango

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.

article thumbnail

FIS and NYDIG roll out mobile banking for Bitcoin via traditional bank accounts

BankInovation

Technology solutions provider FIS is set to roll out a mobile banking solution that enables banks to give their customers the ability to buy, sell and hold Bitcoin within their traditional bank accounts. FIS Digital One is a user-friendly interface that connects consumers seamlessly in-app with Bitcoin trading. Under a recently signed agreement with the […].

Bitcoin 98
article thumbnail

Apple defends app review, payment system to deflect Epic claims

Payments Source

Apple 149
article thumbnail

US Bankers Optimistic Despite Post-Pandemic Changes

Banking Exchange

Nearly two thirds believe their bank to be in a strong position, survey shows Risk Management Retail Banking Technology Feature3 Financial Research Feature Financial Trends The Economy Covid19 PPP Online Mobile.

US 97
article thumbnail

Bailey: Combination of reforms needed to tackle â??dangerousâ?? money market funds

Bobsguide

Bank of England governor Andrew Bailey has said that money market funds (MMFs) proved in the early stages of the pandemic that they were “not sufficiently resilient” That is despite efforts to increase the stability of MMFs after their involvement in the demise of Lehman Brothers and.

article thumbnail

10 Ways to Leverage Buyer Signals and Drive Revenue

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.