Listen: Top 3 Bank Automation News podcasts of 2022
Open banking, augmenting the customer experience (CX), and AI were key themes across Bank Automation News’ most popular “The Buzz” podcast episodes in 2022. Listen as the BAN …
Banking
ABA to SEC: Minimize burdens on banks, affiliates from investment adviser outsourcing proposal
In a recent letter to the Securities and Exchange Commission, the American Bankers Association offered feedback on its recent registered investment adviser outsourcing proposal. Under the proposal, RIAs …
Looking back at the year in climate finance
For banks, the potential losses associated with climate change — and the opportunities from transitioning to clean energy — came into sharper focus during 2022. With prodding from …
Buy vs. build in 2023: Preparing to partner
The recent collapse of crypto exchange company FTX might have banks and fintechs reevaluating their partnership-vetting processes in 2023 to avoid potential reputational damage. “As a result of …
Adaptable fraud strategies help banks lend with confidence in a down economy
Prioritizing a smooth customer experience while protecting against attacks. By Sandip Nayak The imminent economic downturn, ‘precession,’ recession—whatever you want to call it—is presenting banks with a challenge …
New York’s gift card extension adds to retailers’ liability | PaymentsSource
Behind clothing, gift cards are the most popular items consumers purchased for friends and family this year, according to the National Retail Federation. But nearly half of recipients …
Top 5 innovation and technology stories of 2022
Technological innovation has taken the auto industry by storm since the start of the COVID-19 pandemic by automating lending operations and addressing consumer pain points in the car-buying …
New York State proposes climate risk guidance for financial institutions
The New York State Department of Financial Services has proposed new guidance for banking and mortgage-lending institutions “to help them manage safety and soundness risks related to climate …
First Sound Bank in Seattle says its sale to BM Technologies is canceled
First Sound Bank in Seattle said Friday its sale to BM Technologies had been nixed. The $23 million deal, announced in November 2021 and originally expected to close …
Hyperpersonalization is vital to winning the SMB banking game
Financial institutions today are teetering into a Nash Equilibrium. Mike Butler, CEO, Grasshopper A Nash Equilibrium, named for mathematician John Nash, occurs when players in a game can …