Payments Dive

MARCH 14, 2023

As it pursues younger consumers, the company is angling to ensure its high-fee cards offer enough value for millennials and Gen Zers.

Millennials 518

Millennials Cards Company 518

American Banker

MARCH 14, 2023

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ATM Marketplace

MARCH 15, 2023

Automated testing helps to identify and resolve issues faster and more efficiently, leading to improved user experience and increased customer satisfaction.

Strategy 115

Strategy User Experience How To Payments 115

Commercial Lending USA

MARCH 15, 2023

fix and flip loans no money down have become popular with investors because they allow you to use someone else's money to fund your project. That's right.

How To 98

How To Lending 98

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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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Payments Dive

MARCH 13, 2023

As the banking crisis spread, payments players, such as FIS, and venture-backed firms, including Payoneer, were caught in the contagion.

Payments 486

Payments 486

South State Correspondent

MARCH 13, 2023

The abrupt collapse of Silicon Valley Bank (SVB) is a stunning example of bank leadership not understanding interest rate risk, running into trouble with an inverted yield curve, and ignoring the impact of a severe monetary correction on long-duration assets. There will be much more discussion and information written on this bank’s collapse, as well as the shutdown of Signature Bank and the story about Sterling Bank, and perhaps others in the weeks and months to follow.

Risk Management 221

Risk Management Management Community Bank Community 221

CFPB Monitor

MARCH 14, 2023

The Government Accountability Office (GAO) has issued a new report entitled “Financial Technology: Products Have Benefits and Risks to Underserved Consumers, and Regulatory Clarity Is Needed.” The report focuses on the following four types of fintech products: Digital deposit accounts offered by fintech companies through partnerships with banks or credit unions. .

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Fintech Report Financial Technology Lending 145

Payments Dive

MARCH 15, 2023

As bank card issuers faltered this past weekend, the card networks monitored payments closely, Visa and Mastercard executives said at a conference.

Conference 417

Conference Cards Payments 417

Perficient

MARCH 16, 2023

In our first blog in this series, Getting Started With Client Remediation (Part 1 of 3) , we discussed how to get a client remediation program started, what levels of the organization should be involved in client remediation programs, and how ultimately good things, such as lower risks, improved technology, and risk monitoring, may result from a successful client remediation program.

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Analysis Resources How To Regulation 275

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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

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South State Correspondent

MARCH 15, 2023

It turns out that confidence is more valuable than capital. While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed.

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social media FDIC Branding Management 195

SWBC's LenderHub

MARCH 16, 2023

As we have been saying for several of our previous quarterly economic updates, as inflation goes, so goes the U.S. economy. A quick and rapid descent of inflation will take pressure off the Fed to continue raising rates and the possibility of a soft landing improves. The longer inflation remains elevated, the more aggressively the Fed will have to act, likely triggering a recession.

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Industry Lending 145

Payments Dive

MARCH 16, 2023

The central bank is targeting July, as opposed to the earlier end of its prior range, for starting its new real-time payments service.

Payments 396

Payments 396

CFPB Monitor

MARCH 14, 2023

Move over, Tax Day! This year, April 15 falls on a Saturday so the IRS moved the tax filing deadline to April 18. What will you do with all that extra time? Don’t worry, Visa’s got you covered. Visa recently notified its business network that new rules for debt repayment are coming on April 15, 2023. .

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Taxes Cards 128

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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.

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ATM Marketplace

MARCH 17, 2023

In a world of increasing competition for customers with neobanks and major staffing challenges at the branch level, banks need to find ways to reduce costs. One method gaining popularity is cash recycling.

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BankInovation

MARCH 14, 2023

As core legacy systems become inefficient, slow, and unable to keep up with present day customer expectations, more and more financial institutions are facing the same question: how do we modernize these systems without the high costs and long turnover time? The answer is fintech enablement.

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System Fintech 98

Payments Dive

MARCH 15, 2023

Payments processors’ CEOs this week described how their companies were affected by the recent bank industry turmoil, downplaying the impact.

Industry 300

Industry Payments Company 300

FICO

MARCH 14, 2023

Home Blog FICO Claims Automation for Health Plans: Transformation with a Small “t” By focusing on transformation with a small “t” that addresses measurable performance gaps, health plans and administrators can use claims automation to control costs and risk FICO Admin Tue, 07/02/2019 - 02:45 by Paul Crowder expand_less Back To Top Tue, 03/14/2023 - 14:15 Some time ago, I witnessed a plea for help in a global healthcare summit from a Director of Claims Management for assistance in automating thei

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Software Management Analytics Operations 98

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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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ATM Marketplace

MARCH 14, 2023

The collapse of SVB and Signature Bank have raised questions about the economy, the banking system, cryptocurrency and how banks should respond.

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cryptocurrency System 116

TheGuardian

MARCH 13, 2023

Silicon Valley Bank UK has been sold to HSBC for £1 , in a deal that protects depositors’ money says Treasury and Bank of England Full story: HSBC to buy Silicon Valley Bank’s UK operations Why Silicon Valley Bank was so important to UK tech sector Here’s Sky’s Ed Conway: Important developments. Continue reading.

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Marketing Operations 98

Payments Dive

MARCH 16, 2023

The Silicon Valley Bank downfall that sent shockwaves through the financial industry forced fintechs, such as Affirm and Marqeta, to react fast.

Payments 284

Payments Fintech Industry 284

CFPB Monitor

MARCH 17, 2023

The U.S. Chamber of Commerce’s recent publication of an 80-page report titled “ Mass Arbitration Shakedown: Coercing Unjustified Settlements ” has fanned the flames on an already heated debate between consumer advocates and industry lawyers over the propriety of mass arbitrations. We have addressed mass arbitration issues and potential defenses extensively in our prior blogs.

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Report Industry 78

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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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ATM Marketplace

MARCH 13, 2023

The self-serve kiosk industry pushed forward in a big way in 2022, as the recovery from the pandemic continued for the second straight year. A convergence of factors took hold: rising consumer acceptance of self service, a recovering supply chain, a growing labor shortage, improving technology, and the return of industry trade shows.

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Report Industry Technology 98

TheGuardian

MARCH 17, 2023

Complaint claims bank made ‘materially false and misleading statements’ in 2021 annual report Business live – latest updates How to understand Credit Suisse, SVB and fears of a new crisis US investors in Credit Suisse have hit the beleaguered Swiss bank with legal action, claiming that it overstated its prospects before this week’s shares crash. The lender suffered a rapid sell-off, with shares plunging on Wednesday by as much as 30% at one point after comments from Credit Suisse’s largest share

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US National How To Report 101

Payments Dive

MARCH 17, 2023

As buy now, pay later use rises, consumers are learning about the payment option at checkout, more so than from social media or family and friends.

social media 221

social media Payments 221

CFPB Monitor

MARCH 16, 2023

On February 27, 2023, the Consumer Financial Protection Bureau (CFPB) entered into a consent order against RMK Financial Corporation d/b/a Majestic Home Loan (RMK), a California-based mortgage lender, based on allegations that it falsely implied government endorsement of its home loans in its marketing. The consent order, which addressed numerous alleged statutory and regulatory violations and a failure to comply with an earlier consent order, prohibits RMK from engaging in any mortgage lending

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California Lending Marketing FDIC 78

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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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