The state of digital transformation in banking
By John Manninginternational banker ONavigating through a global pandemic over the past two years has highlighted some goals for the...
financial institutions
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5 Movies That Can Teach You Important Money Lessons
Learning to manage our money can be as easy as going to the movies.Over the decades, the ups and downs...
Cambridge Wilkinson Investment Banking completes $80 million credit facility for multi-family real estate development
NEW YORK, March 14, 2022 /PRNewswire/ -- Cambridge Wilkinson ("CW") is pleased to announce the closing of an $80 million...
Man robbed after withdrawing cash from bank
Having three extra eyes to go to the bank has become a necessity. More and more people are coming with...
ILCU says strict lending rules limit Louth credit unions to just 3% of mortgage market
The Irish League of Credit Unions (ILCU) is calling for an urgent and thorough review of the regulatory restrictions on...
Binance obtains a third money transfer license in the United States
Binance.US, the US outpost of the world's largest crypto exchange, has secured its third US money transfer licenses. Following receipt...
Meriwest Credit Union donates $12,500 to Children’s Miracle
SAN JOSE, Calif., March 11, 2022 (GLOBE NEWSWIRE) -- Meriwest Credit Union has been selected by its partner, Elan, a...
Upcoming UAE Instant Payments Platform Brings Real-Time Benefits to Banks
The trend towards real-time digital payments in the UAE is expected to accelerate this year with the introduction of a...
Innovation in Canadian fintech and transformation of the banking model
In 2022, traditional financial institutions are prioritizing catering to their tech-savvy customers, huge investment rounds are driving fintech innovation, and...
NCR buys intellectual property for Open Banking
NCR Corporation, a global enterprise technology provider, has purchased FinTech intellectual property for open banking from Canadian company Spoke Technologies,...
Consumer Satisfaction Drops for UCs, Rises for Online Banks: Report
Source: Shutterstock. Credit unions could lose ground to online banks when it comes to consumer satisfaction, according to a new...
The City must not stand idly by in the face of dirty money on our streets and in our banks
Monday 07 March 2022 06h50 Bill Browder in a tweet told people today to avoid Russian stocks and bonds and...
Mastercard does not work in the UK; hundreds unable to use credit or debit cards
On Saturday March 5, UK citizens were unable to use their debit and credit cards as an outage hit the...
IDC reveals India’s corporate banking forecast for 2022 and beyond
INDIA, 04 March 2022 – International Data Corporation (IDC) reveals predictions for corporate banking in India in the latest IDC...
Meriwest Credit Union chooses NCR for a flexible and seamless digital experience
Meriwest Credit UnionMeriwest Credit Union improves member experience, increases efficiency and innovates faster with NCR Digital BankingSILICON VALLEY, Calif., March...
Dutch Bros aims to leverage stored-value payments
While Dutch Bros. Seeking to convert regular customers into super fans, the company is leveraging stored value features to remove...
On The Money – Lawmakers rally against Russian oil imports
Happy Tuesday and welcome to On The Moneyyour nightly guide to everything related to your bills, bank account, and bottom...
What’s next for innovation in financial services?
Open banking has changed the game for financial services. It enabled financial institutions and third-party providers (TPPs) to exchange data...
FinTech offers instant B2C and B2B credit solution
Regulated, instantaneous, with no limit on amount or maturity. These are three elements that Charles Egly, co-founder and CEO of...
Credit union customer satisfaction plummeted in 2021
Credit union members' satisfaction with their credit union (CU) has seen a noticeable decline. The change has not been excessive,...
UK car dealers take advantage of open banking to cut costs
Payment processing fees are an unavoidable problem for many businesses large and small, but for automotive merchants the impact on...
Russian banks face exclusion as allies deploy ‘financial nuclear weapon’ | Money
File photo shows a Russian flag flying above the headquarters of the Russian Central Bank in Moscow on December 3,...
The United States and its allies will expel some Russian banks from the SWIFT banking system
The White House announced on Saturday that the United States and its allies would expel some Russian banks from a...
FDIC prohibits three banking transactions
Three people have been ordered to stop participating "in any way" with financial institutions following January's enforcement actions by the...
Credit unions leverage digital tools to grow
Credit Unions (UC) are historically known for their service - the tellers who know you by name and the call...
On The Money – Biden brings down the hammer on Russian banks
Happy Thursday and welcome to On The Moneyyour nightly guide to everything related to your bills, bank account, and bottom...
CIBC Innovation Banking Finance Graphite Ventures
CIBC Innovation Banking provided funding solutions, including a capital call line of credit, to early-stage investment firm Graphite Ventures on...
Bahrain Development Bank Selects TCS BaNCS Global Banking Platform to Accelerate Innovation
Bahrain Development Bank Selects TCS BaNCS Global Banking Platform to Accelerate Innovation MANAMA | MUMBAI, 13 October 2020: Tata Consultancy...
U GRO Capital goes live on Scienaptic’s AI-powered credit underwriting platform
NEW YORK & BANGALORE, India--(BUSINESS WIRE)--World's leading provider of AI-based credit decision platforms, Scientific AI today announced that U GRO...
Automotive Service Providers Leverage Customer Data
If someone has taken their car to one of your stores for an oil change, they are a good candidate...
Cease and desist orders issued against apparently bogus credit union and bank
Source: Shutterstock. The Office of the Comptroller of the Currency (OCC) said two purported financial institutions, including one with a...
Banking platform Akulaku secures $100 million investment
Siam Commercial Bank has made a $100 million strategic investment in Indonesian digital banking and finance platform Akulaku, which will...
Diversity, inclusion and the future of banking
Diversity and inclusion are more than reputational issues. They are an operational imperative, especially in engineering. As banks adapt technology...
BoA confirms digital banking engagement trends
Arguably slow to take off, digital banking is soaring with the eagles now, presenting itself as one of the greatest...
Jindal School of Banking & Finance students get industry exposure at over 150 companies in 5 countries
Sonipat (Haryan) , Feb 17 (ANI/OP Jindal University): Students from Jindal School of Banking & Finance (JSBF) at OP...
Increase in the money supply in December compared to the increase in savings and the growth of exports
(Yonhap)South Korea's money supply rose 0.7 percent month-on-month in December, mainly due to an increase in savings spurred by higher...
Elements of a Successful Banking as a Service (BaaS) Offering
BaaS defined Innovative companies looking to offer traditional banking products are creating remarkable opportunities for traditional banks looking for additional...
Anti-money laundering regulations in the Pacific, a double-edged sword
Around the world, new measures are being introduced to deal with increasingly sophisticated money laundering and terrorist financing schemes. The...
Educators Credit Union reaches $3 billion in assets
(TNS) - It all started at a kitchen table on Orchard Street during the Great Depression.It was in 1937 that...
On The Money: Border blockade hits US economy
Happy Friday and welcome to On The Moneyyour nightly guide to everything related to your bills, bank account, and bottom...
Wells Fargo Exec outlines key banking industry themes in 2022
Ather Williams III is Head of Strategy, Digital Platform and Innovation at Wells Fargo. He manages innovation priorities, opportunities and...
KeyPoint Credit Union Commits $10 Million to Grow Credit
KeyPoint Credit Union pledges $10 million to create credit for young adults Tweet that KeyPoint offers many financial education webinars...
Treasury urges closer monitoring of fine art money laundering
FILIE - This photo from June 6, 2019 shows the US Treasury Department building at dusk in Washington. Fine art...
Outraged by mortgage, credit card and bank charges? | Business
Finding an offer on a credit card seems like one of those pretty simple things. Low, eye-catching rates are posted...
How personalized experiences are transforming digital banking
Consumers of all types have become comfortable managing their lives through digital channels and, for many, it has become their...
ECCB joins sustainable banking and finance network facilitated by IFC
- Advertising - The International Finance Corporation (IFC), a member of the World Bank Group, announces the appointment of the...
Q2 Presents Helix: Banking as a Service to Make Finance Human | 2022-02-02 | Press Releases
Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the introduction...
Digital Banking Users Want Big Tech Experiences: Survey
Image: Shutterstock. Credit unions must accelerate their adoption of technology platforms that provide end-user experiences comparable to those offered by...
How African Tech Startups Can Leverage Predictive Analytics for Effective Service Delivery
By Opé Adeoye You have a store in the neighborhood or at the market selling products like milk, noodles, sugar,...
3 challenges facing credit unions
Talk to experts in the credit union (CU) industry and they'll tell you that most CUs lag behind their banking...
Leeds trust money was a good investment for 19th century bankers
If there's one thing Yorkshire people have become famous for over the centuries, it's knowing how to take care of...
CIMB PH to strengthen digital banking services
ONE of the fastest growing banks offering digital banking products, CIMB Bank Philippines, recently announced that it has collaborated with...
How the Navy Federal Credit Union Blunted an Unprecedented Fraudulent Attack
Source: Shutterstock. Fraudulent attacks on credit unions and banks have increased dramatically, and no one knows it better than Garin...
Manna Inc. and its Affiliates, Leading Restaurant Owners, Leverage DailyPay for a Competitive Advantage in Hiring and Retaining Staff
Subsidiaries of Manna Inc. operate Wendy's Restaurants, Fazoli's Restaurants, Mark's Feed Store Restaurants and other restaurants nationwide. Each Affiliate is...
Are FinTech companies a serious threat to the banking sector?
The banking sector is threatened by the growing fintech industry. From payment services to lending, fintech is increasing its exposure...
CFPB signals crackdown on hidden fees for banks and credit cards
Rohit Chopra, director of the Consumer Financial Protection Bureau.Alex Edelman/Bloomberg via Getty ImagesThe Consumer Financial Protection Bureau on Wednesday reported...
Launch of Open Banking Exchange in Saudi Arabia
The announcement comes twelve months after the Central Bank of Saudi Arabia (SAMA) announced its Open Banking Policy, designed to...
CIT Arranges Senior Credit Facility for FPA WhiteHawk III | national news
NEW YORK, January 25, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Asset based...
Keeping customers engaged with digital banking
People have embraced digital financial services, with 43% saying they manage their banking needs entirely online or through a mobile...
Give members the open banking services they want
Source: Shutterstock. Open banking is changing the way people think about financial institutions – including credit unions – and transforming...
Victims of online banking scams in Bahrain ‘struggle to get their money back’ amid growing number of online burglaries | THE DAILY TRIBUNE
TDT | manama The Daily Tribune – www.newsofbahrain.com No one knows what to do now! Fraudsters targeting online banking and...
A conversation with Sanat Rao on the future of retail banking
Through Sanat Rao, Infosys Finacle CEO How has the pandemic encouraged financial institutions to innovate and what does this mean...
Encore Bank Partners with ZSuite Technologies to Leverage Innovative Technology Solutions
WESTWOOD, Mass., January 19, 2022--(BUSINESS WIRE)--ZSuite Technologies, a fintech company that provides financial institutions with digital escrow products for specific...
Grocers Leverage Contextual Commerce | PYMNTS.com
As grocers see the benefits of removing key pain points from their e-commerce channels, many are now looking for ways...
Restaurants benefit from the digitization of payments | PYMNTS.com
Across continents, major restaurant brands and smaller independents are increasingly leveraging digital technologies to improve the in-restaurant checkout experience, driving...
UCs can leverage member connection to grow
Credit unions (CUs) have seen impressive growth throughout the pandemic. But in an interview with PYMNTS, PSCU Senior Vice President...
Access Bank to leverage HoldCo structure for expansion — Business — The Guardian Nigeria News – Nigeria and World News
Access Bank Group looks forward to another decade of growth as it begins the process of evolving into a holding...
