American Banker

OCTOBER 18, 2022

Industry 69

Industry 69

BankInovation

OCTOBER 17, 2022

Bank of America increased its technology investments during the third quarter amid increased virtual assistant and digital platform usership. The $3.1 trillion bank in Q3 enhanced its CashPro platform, launched biometric sign-in capabilities and posted a record number of digital logins, which is prompting the hiring of tech-focused talent to help facilitate the rise in […].

America 52

America Technology Digital Banking 52

ATM Marketplace

OCTOBER 18, 2022

In an age where customers are more willing than ever to switch banking providers, banks need to step up their game when it comes to mobile apps.

Mobile 139

Mobile 139

South State Correspondent

OCTOBER 20, 2022

We covered various frameworks to “wow” your customer HERE. We covered why “Time-on-Task” (or the companion Customer Effort Score) is the ultimate metric in banking HERE. In this article, the last in the series, we give you seven rules to improve your bank. While these rules were derived from improving time-on-task, they can enhance bank performance no matter what metrics a bank uses for customer, employee, or total experience (the combination of employee and customer experience). 1.

Policies 195

Policies Training Customer Experience Examples 195

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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

Payments Dive

OCTOBER 18, 2022

With the company set to report third-quarter results next week, ongoing employee cuts have put severance expense under the microscope.

Report 418

Report Company 418

Accenture

OCTOBER 16, 2022

The metaverse might seem like a fantasy for the future, and not something that will impact finance, but some auto and equipment finance organizations are already pursuing the new opportunities it presents. For those lenders and lessors that have not yet staked their claim, further delay could put them on the back foot. In our…. The post Bold steps through the virtual showroom to real finance appeared first on Accenture Banking Blog.

195

195

South State Correspondent

OCTOBER 17, 2022

In a previous article ( HERE ), we discussed the concept of Funds Transfer Pricing (FTP), why systemically important banks and large regional banks incorporate FTP, and why community banks should also consider implementing FTP. We defined an FTP framework, the regulatory recommendation for FTP, and how FTP allows community banks to make better decisions about balance sheet profit contribution (loans versus deposits).

How To 195

How To Community Bank Community Capital 195

Payments Dive

OCTOBER 21, 2022

The bank said it invested in the regulated gaming company Sightline Payments this week, following an agreement earlier this year to be the firm’s primary merchant acquirer.

Regulation 417

Regulation Payments Company 417

Abrigo

OCTOBER 18, 2022

Streamlining the construction loan process Construction d raw s oftware helps lenders and contractors to automate the construction loan management. . You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH. Takeaway 1 Construction draw management software can increase lender efficiency and reduce risk by saving time.

Software 195

Software How To Lending Management 195

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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.

Groups

BankUnderground

OCTOBER 18, 2022

David Swallow and Chris Faint. Policymakers have been investing heavily, to an accelerated timeline, to better understand the financial risks from climate change and to ensure that the financial system is resilient to those risks. Against that background, some commentators have observed that the most carbon-intensive sectors may be subject to the greatest increase in transition risk.

Analysis 134

Analysis Regulation Capital Policies 134

Cisco

OCTOBER 18, 2022

Over the last few years we have experienced a huge expansion and adoption of online services precipitated by a global pandemic. By all accounts, a good proportion of these changes will become permanent, resulting in greater reliance on resilient, secure services to support activities from online banking and telemedicine to e-commerce, curbside pickup, and home delivery of everything from groceries to apparel and electronics.

Security 133

Security Tools Training System 133

Payments Dive

OCTOBER 18, 2022

“In addition to cross-border payments, the benefits of FedNow must be widely available to Americans through competitive, diverse providers — including nonbanks,” writes a U.S.-based Wise executive.

Payments 418

Payments 418

Abrigo

OCTOBER 18, 2022

Top benefits of construction loan software for bankers and clients Why many banks and credit unions are turning to fintech for construction loan automation. You might also like this webinar, "How to manage a high-performing construction loan portfolio." WATCH. Takeaway 1 Construction loans are considered risky because they involve long-term exposure to collateral, often with no other tangible assets.

Software 195

Software Lending System Management 195

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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

ATM Marketplace

OCTOBER 21, 2022

ATM thieves are getting bolder and banks are adopting more advanced strategies in response to prevent attacks.

ATM 112

ATM How To Strategy 112

The Paypers

OCTOBER 18, 2022

US-based Open Banking operator Plaid has published The Fintech Effect report that shows 84% of UK consumers use fintech for money management in 2022.

Fintech 100

Fintech Management Report US 100

Payments Dive

OCTOBER 19, 2022

From self-checkout machines to checkout-free stores, the options for processing payments are expanding at retail venues. Here’s how retailers find the best fit.

Retail 397

Retail Payments 397

American Banker

OCTOBER 18, 2022

Policies 99

Policies Compliance Regulation 99

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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

OCTOBER 19, 2022

No commitment yet to cut banking surcharge after corporation tax U-turn, leaving sector face headline tax rate of 33% UK banks are steeling themselves for a windfall tax by stealth as the new chancellor, Jeremy Hunt, tries to plug a £40bn hole in the public finances. City lobbyists are concerned that banks will not be compensated for Hunt’s U-turn on corporation tax, which will now mean the levy rises from 19% to 25% next year.

Taxes 98

Taxes 98

ABA Community Banking

OCTOBER 18, 2022

The relief effort is part of the $3.1 billion allocated by the Inflation Reduction Act for distressed borrowers of USDA loans. The post USDA provides nearly $800 million in loan relief, more aid to come appeared first on ABA Banking Journal.

Community Bank 98

Community Bank Community 98

Payments Dive

OCTOBER 20, 2022

Macroeconomic headwinds, consumer health and cost management are set to be topics of conversation during payments companies' quarterly earnings calls.

Company 389

Company Payments Management 389

American Banker

OCTOBER 19, 2022

Fintech 97

Fintech Digital Banking Technology 97

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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

TheGuardian

OCTOBER 17, 2022

New chancellor made no mention of policy in economic update, but Treasury sources confirm he will go ahead with controversial move Hunt rips up most of Kwarteng’s mini-budget UK politics: all today’s developments – live The new chancellor, Jeremy Hunt, is pressing on with plans to scrap the bankers’ bonus cap, protecting one of the most divisive policies from his predecessor’s disastrous mini-budget.

Policies 98

Policies 98

BankInovation

OCTOBER 21, 2022

Westlake Financial has launched a credit card rewards program using back-end technologies from embedded finance company Railsr. The Westlake Black Credit Card gives the financial institution’s customers 2% cash back on all qualified automotive-related purchases including vehicle maintenance and servicing, gas, oil changes and brakes, Jim Eyraud, vice president of Wilshire Consumer Credit, a wholly […].

Cards 96

Cards Fintech Technology Company 96

Payments Dive

OCTOBER 17, 2022

Nonbank fintechs are pushing for access to the new federal faster payments system as its launch date next year approaches.

Fintech 352

Fintech System Payments 352

American Banker

OCTOBER 18, 2022

Lending 98

Lending Fintech Community Bank Community 98

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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