The payments technology banks are adopting

2023-06-09 17:27:39 • 1 min

Smaller banks face challenges in providing their business customers with modernized tools to streamline payments, but the newest breed of embedded banking tools are making it easier for banks to help businesses increase revenue and cut costs.

#bankingtools #technology #smallerbanks #cutcosts

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Business / Finance

9 companies investing more in small-business payments

Payment companies and banks are pouring investment into small-business technology, hoping to bring automation to one of the lingering parts of the economy...

#investment #economy #commerce

American Banker

2023-09-29 17:14:27 • 1 min

Economy

Bank deposits, lending climb in latest week:Fed

Invesitng.com -- Bank deposits, and lending rose in the week ended Sep. 20, the latest data Friday from the Fed showed. Deposits at large U.S. banks rose by...

#bankdeposits #estatelending #banklending

Investing.com

2023-09-29 20:54:04 • 1 min

Economy

FSB scrutinizes non-banks' escalating debt amid global financial risk concerns

The Financial Stability Board (FSB) has heightened its scrutiny of the escalating debt among non-banking entities, underlining the potential risks to the...

#dash #cash #FSB

Investing.com

2023-09-29 04:48:42 • 1 min

Business / Finance

Why consumer delinquencies are at their highest level since 2020

Delinquency rates on consumer loans last month hit their highest level since the spring of 2020, a potential sign that inflation and rising interest rates...

#inflation #health #economy

American Banker

2023-09-29 02:39:24 • 1 min

Business / Finance

Asian Development Bank unveils capital moves to boost lending by $100 billion over a decade

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022 The...

#apple #reuters #portfolio

Channel NewsAsia

2023-09-29 00:03:33 • 1 min

Business / Finance

Asian Development Bank unveils capital moves to boost lending by US$100 billion over a decade

THE Asian Development Bank (ADB) unveiled new capital reforms on Friday that will unlock US$100 billion in new financing capacity over 10 years as the lender...

#developmentbank #financingcapacity #globalcrises

The Business Times

2023-09-29 00:24:22 • 1 min

Economy

Coinbase CEO slams JPMorgan for banning crypto payments in UK, suggests government should act

Key Points Chase UK earlier this week put out a notice to customers saying it will no longer allow its customers to purchase cryptocurrencies using its debit...

#government #cryptopayments #bloomberg

CNBC

2023-09-29 11:00:24 • 1 min

Business / Finance

Scale With Funding: Revolutionizing Business Credit Approval

Getting approved for credit, especially business credit, can be daunting, often characterized by high interest rates or the need for verifiable income....

#income #opinion #nasdaq

Nasdaq

2023-09-29 18:53:40 • 1 min

Business / Finance

Humanizing banking technology

Technology and innovation can make banking easier, faster and more convenient but the human factor remains critical not only in keeping existing customers...

#technology #bankingtechnology #innovation

Inquirer.net

2023-09-23 18:10:00 • 1 min

Technology

3 Factors to Bet on Bank ETFs Now

The journey this year for bank ETFs has been anything but smooth. The largest bank ETF, Invesco KBW Bank ETF KBWB, is off 21% so far this year. First, a...

#banketfs #nasdaq #spy

Nasdaq

2023-09-29 17:32:00 • 2 mins

Business / Finance

Fincen announces Shinhan Bank America will pay $15M for BSA Violations

Picasa/Jarretera - stock.adobe.com WASHINGTON The Financial Crimes Enforcement Network announced Friday a $15 million civil penalty against New York...

#fincen #shinhan #treasury

American Banker

2023-09-29 21:12:13 • 1 min

Business / Finance

Congress is focusing on the wrong deposit insurance reforms

Increasing federal deposit insurance limits is not the answer to the banking system's woes. It would cause riskier behavior and more red tape. And it...

#congress #bill #business

American Banker

2023-09-29 14:00:09 • 2 mins

Technology

Banks must find balance with AI in financial markets

THE surge in artificial intelligence (AI) research within the financial technology sector has been remarkable. Banks are strategically cultivating ecosystems...

#research #propertydevelopment #bbva

The Business Times

2023-09-27 02:30:01 • 1 min

Business / Finance

MGM cyber attacks, VR onboarding: Top banking news for September 2023

In September's roundup of top banking news: Truist Financial promises to cut costs by roughly $750 million, former Wells Fargo exec Carrie Tolstedt is...

#bankingnews #yearsprobation #tdbank

American Banker

2023-09-29 17:05:48 • 1 min

Business / Finance

South Africa's MTN fintech arm pushes into remittances, business payments

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...

#cash #money #devices

Channel NewsAsia

2023-09-28 16:10:22 • 1 min

Politics

Eight big U.S. bank CEOs to face Senate Banking Committee grilling in December

Key Points Eight CEOs of the largest U.S. banks will face questioning at a Senate Banking Committee hearing in December, CNBC has learned. The Dec. 6 session...

#treasury #reuters #trump

CNBC

2023-09-29 15:30:01 • 1 min

Business / Finance

3 Money Saving Hacks That Will Make You Go Even More Broke

In an economy where prices for just about everything are soaring, people are seeking out money hacks that to keep more cash in their wallets. Some...

#money #economy #amazon

Nasdaq

2023-09-29 17:26:43 • 1 min

Business / Finance

Homeowners raid savings and pensions to pay rising mortgage bills

Homeowners buckling under the weight of soaring mortgage rates are raiding their savings and cutting pension contributions, new research shows. Mortgage...

#bill #economy #raid

Daily Mail

2023-09-29 05:00:46 • 1 min

Business / Finance

Looking for it ? This cash-back credit card offers up to 5% cash back.

The Discover it Cash Back credit card offers 5% cash back on rotating bonus categories, which can seriously boost your savings.

#cardoffers

Fortune

2023-09-29 12:30:06 • 1 min

Business / Finance

Fewer customers opting for regular savings deals despite interest up to 8%

The best headline savings rates on the market are paid by regular saver deals, but people are turning their backs on the products and taking out bonds...

#market #analysis #investment

Daily Mail

2023-09-29 05:00:49 • 1 min

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