TheGuardian

MAY 1, 2024

The pandemic accelerated the shift away from notes and coins. But China and others are realising that transition has a price One of the idiosyncrasies of China’s huge appetite for luxury goods has been the high sales of man bags – a niche item in the west. Their popularity initially reflected not just the fondness of the newly rich for conspicuous consumption, but also the practical need to carry large wodges of banknotes in a country that hadn’t truly embraced credit cards.

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Payments Dive

MAY 1, 2024

The company’s move to decouple embedded financial services from payment processing means it’s ready to pursue larger customers, analysts said.

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Jack Henry

MAY 1, 2024

Funding broker clients is challenging. Working around common obstacles – everything from error-prone manual processes to communications breakdowns – can significantly impact efficiency, which in turn significantly impacts profitability. That’s where automation comes in.

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Payments Dive

MAY 1, 2024

Payments and credit card companies are scrambling to soften the blow of an impending $8 cap on credit card late fees.

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Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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The Paypers

MAY 1, 2024

The National Bank of Iraq has gone live with Temenos core banking and payments, aiming to develop new products faster and optimise the customer experience.

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Image Works Direct

MAY 1, 2024

Are you a newsletter client? If so, did you know you have access to our article library, free of charge? That’s right, with hundreds of articles at your disposal – over 600 and counting – you have access to content ranging from the latest trends and scams to timeless topics and educational resources.

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American Banker

MAY 1, 2024

CRE CLO issuance surged to $45 billion in 2021, a 137% increase from two years earlier, when buyers of apartment blocks sought to profit from the wave of workers moving to the Sun Belt from big cities.

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The Paypers

MAY 1, 2024

US-based credit management platform Nuvo has partnered with Equifax to enhance credit management for B2B sellers, using data-driven insights for faster, informed decisions.

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American Banker

MAY 1, 2024

Top Federal Home Loan bank officials said they fear the Federal Housing Finance Agency will use supervision to further the goals of last year's report recommending reforms to the Home Loan Bank System.

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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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The Paypers

MAY 1, 2024

Mashreq Egypt and Visa have partnered to unveil the Mashreq NEO Visa Card, heralding a transformative era of banking convenience in Egypt.

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American Banker

MAY 1, 2024

Bolstered by healthy first-quarter global card-spending trends, Mastercard is focusing on opportunities outside the U.S., including a unique card-processing arrangement beginning this month in China.

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The Paypers

MAY 1, 2024

Global insights and information company TransUnion has announced that consumers can receive their free credit report following the launch of Credit Data Smart (CDS).

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American Banker

MAY 1, 2024

The Consumer Financial Protection Bureau is considering new rules covering the collection and sale of some consumer data. If it's not careful, the agency could be inadvertently assisting identity thieves.

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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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The Paypers

MAY 1, 2024

Fintech Australia has signed a Memorandum of Understanding (MoU) with the Thai Fintech Association to partner and foster fintech capability between the two regions.

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American Banker

MAY 1, 2024

The Bank of England set a date of March 2025 for local banks to establish operational resilience plans, Ant Group is using artificial intelligence to aid shopping, and more.

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The Paypers

MAY 1, 2024

Worldcoin , a company that verified identities using iris scanning, has been discussing a potential collaboration with OpenAI to deliver additional AI solutions.

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American Banker

MAY 1, 2024

Mark Warren and Thom Tillis have introduced the Secure Artificial Intelligence Act of 2024 to address the unique risks of AI.

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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

Lending

The Paypers

MAY 1, 2024

US-based dining and retail technology platform Quickcharge has implemented Amazon ’s Just Walk Out technology for frictionless dining at hospitals.

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American Banker

MAY 1, 2024

Fifteen banks have failed since 2017, with the most recent one collapsing on April 26, 2024.

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The Paypers

MAY 1, 2024

X10 , a hybrid crypto exchange providing the centralised exchange experience DeFi lacks, has launched out-of-stealth with USD 6.5 million in funding.

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The Financial Brand

MAY 1, 2024

This article How Higher Interest Rates Flipped Small Business Credit Needs appeared first on The Financial Brand. Grasshopper Bank's head of SBA lending says high rates have led to 'credit compression' among smaller borrowers. This article How Higher Interest Rates Flipped Small Business Credit Needs appeared first on The Financial Brand.

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Lending

The Paypers

MAY 1, 2024

Romania-based fintech Finqware and FwF have joined forces to provide advanced solution for automating financial operations within European companies.

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The Financial Brand

MAY 1, 2024

This article Is Headless Banking the Next Evolution of BaaS? appeared first on The Financial Brand. Headless banking is poised to reshape banking-as-a-service — but technology limitations and regulator scrutiny could limit widespread adoption. This article Is Headless Banking the Next Evolution of BaaS? appeared first on The Financial Brand.

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The Paypers

MAY 1, 2024

Global blockchain-enabled B2B payments provider Paystand has announced the acquisition of Teampay for the development of the B2B payment landscape.

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American Banker

MAY 1, 2024

A new policy directive aims to fortify critical infrastructure by enhancing collaboration between U.S. intelligence agencies and systemically important financial entities.

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Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.

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