Payments Dive

DECEMBER 20, 2024

Buy now, pay later users in the U.S. tended to be returning customers under 35 years-old, according to a new analysis from LexisNexis Risk Solutions.

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Analysis Payments 221

Abrigo

DECEMBER 20, 2024

This article covers these key topics: How interest rates are shaping 2025 priorities Rate effects on economy, credit risk, allowances Banks and credit unions look to grow deposits A focus on efficiency and lower expenses Top priorities for managing portfolio risk, assets, and liabilities at banks & credit unio ns Abrigo's Advisory Services team and financial institution clients shared their expectations of key focus areas related to credit portfolio risk, ALM, and other topics.

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Management Risk Management Trends Lending 195

Payments Dive

DECEMBER 20, 2024

The federal agency sued the operator of the pay-by-bank service as well as three bank owners, alleging they let fraud "fester" on the digital system.

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Fraud System Operations 221

ATM Marketplace

DECEMBER 20, 2024

At this years Self-Service Innovation Summit, hosted by Networld Media Group in Tampa from December 9-11, I had a chance to sit in on the "Thought leader roundtable: Executive predictions" session, which brought together industry leaders to explore innovations in automation, artificial intelligence, and customer experience.

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Tampa Customer Experience Innovation Groups 80

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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

The Paypers

DECEMBER 20, 2024

Visa has announced its acquisition of Featurespace , a developer of real-time AI payments protection technology, aiming to optimise its fraud protection capabilities.

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Fraud Technology Payments 45

American Banker

DECEMBER 20, 2024

The Consumer Financial Protection Bureau sued three of the largest U.S. banks for fraud perpetrated on the bank-owned payment network Zelle, alleging shoddy safeguards and millions in consumer losses.

Fraud 41

Fraud Payments Compliance Regulation 41

The Paypers

DECEMBER 20, 2024

The European Central Bank has welcomed the Bulgarian market to the TIPS service, following its successful migration in December 2024.

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Marketing 41

American Banker

DECEMBER 20, 2024

The Federal Deposit Insurance Corp.'s decision to weigh civil lawsuits against Silicon Valley Bank executives to recover losses to its Deposit Insurance Fund isn't rare in itself, but the bipartisan nature of the move and size of the failed institution suggest a current that isn't changing with the presidential administration.

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Policies Compliance Regulation 41

The Paypers

DECEMBER 20, 2024

The Commerce Commission plans to help businesses forom New Zealand save money in annual fees for accepting Visa and Mastercard payments.

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Payments 41

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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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American Banker

DECEMBER 20, 2024

Hanscom Federal Credit Union in Massachusetts said it would acquire Peoples Bancorp and its insurance agency. It marked the 21st deal of the year involving a credit union buying a bank.

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The Paypers

DECEMBER 20, 2024

The European Central Bank has welcomed the Bulgarian market to the TIPS service, following its successful migration in December 2024.

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Marketing 36

American Banker

DECEMBER 20, 2024

Financial institutions that build a presence on the social media platform could gain a first-mover advantage and a communications channel with potential customers, experts say.

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social media Technology 36

The Paypers

DECEMBER 20, 2024

Chainalysis has purchased Hexagate , a company specialising in web3 security solutions that detect and tackle real-time threats, including cyber exploits.

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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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American Banker

DECEMBER 20, 2024

The Capital One-Discover merger, the war against Visa and Mastercards' swipe fees and budding payment technologies were most popular with American Banker readers in 2024.

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Technology Payments Capital Cards 36

The Paypers

DECEMBER 20, 2024

bank has expanded its collaboration with Alipay+ aiming to improve the travel experience for international visitors.

Payments 36

Payments 36

American Banker

DECEMBER 20, 2024

BNY announced expanded employee benefits and a boost in its minimum wage for all U.S.-based employees; Synovus has added former FIS executive Greg Montana to its executive board; National Bank Holdings sold off a fifth of its securities portfolio; and more in this week's banking news roundup.

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Montana National Security Industry 36

The Paypers

DECEMBER 20, 2024

authID , a provider of biometric identity verification and authentication solutions, has announced that it scaled its services within the operations of the EinStrong Foundation.

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Operations 36

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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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American Banker

DECEMBER 20, 2024

The OCC's 2024 annual report said that while the federal banking system remains stable, it faces challenges such as rising credit costs, declining net income, and increasing nonperforming loans.

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System Report Compliance Regulation 36

The Paypers

DECEMBER 20, 2024

We want to express our heartfelt gratitude for the trust and support you’ve shown us throughout 2024.

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US 36

American Banker

DECEMBER 20, 2024

By naming David Sacks as his "AI & Crypto Czar," Donald Trump has sent a strong signal that forward-thinking regulation of the most vibrant sector of the financial services industry could be on the way.

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Regulation Fintech Industry cryptocurrency 67

The Paypers

DECEMBER 20, 2024

ICICI Bank and Times Internet, part of The Times of India Group, have introduced a co-branded credit card targeting high-net-worth individuals.

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Branding Groups Cards 36

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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

American Banker

DECEMBER 20, 2024

The proposal has similar elements to Republican-led legislation, including a piece of a measure from Vice President-elect JD Vance.

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FDIC Policies 36

The Paypers

DECEMBER 20, 2024

Kobble , an Embedded Finance platform, has launched with the goal of supporting financial businesses in modernising operations while mitigating risks.

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Operations 36

TheGuardian

DECEMBER 20, 2024

Lawsuit is part of CFPBs aggressive agenda in reported bid to advance protections before Trump overhauls agency The US Consumer Financial Protection Bureau said on Friday it filed a lawsuit against JPMorgan Chase, Bank of America and Wells Fargo for failing to protect consumers from alleged widespread fraud on the payments platform Zelle. The lawsuit was initiated as the watchdog moves ahead with an aggressive agenda in the final weeks of Joe Biden s Democratic administration in a bid to advance

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Fraud US America Report 47

The Paypers

DECEMBER 20, 2024

XTransfer , a B2B cross-border trade payment platform, has partnered with OCBC , a financial services group from South Asia to provide SMEs with cross-border solutions. The Memorandum of Understanding was signed on 18 December 2024.

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Groups Payments 36

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Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.

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