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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp 2 hours ago

Why some payments companies want to be banks

Banking charters let those companies streamline their services and save money by not partnering with banks.

https://www.paymentsdive.com/news/why-some-payments-companies-want-to-be-banks/811180/

#FinTech #FinServ #Banking #Payments #PayTech

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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp 2 hours ago

Why some payments companies want to be banks

Banking charters let those companies streamline their services and save money by not partnering with banks.

https://www.paymentsdive.com/news/why-some-payments-companies-want-to-be-banks/811180/

#FinTech #FinServ #Banking #Payments #PayTech

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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp 4 hours ago

‘These players matter’: BNY embraces role on small lenders’ #AI journey

Amid an effort to train community banks on artificial intelligence technology, a BNY executive said, “If we help them, the entire financial system gets stronger.”

https://www.bankingdive.com/news/bny-ai-community-banks-initiative-razzaque/811224/

#FinTech #FinServ #Banking

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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp 4 hours ago

‘These players matter’: BNY embraces role on small lenders’ #AI journey

Amid an effort to train community banks on artificial intelligence technology, a BNY executive said, “If we help them, the entire financial system gets stronger.”

https://www.bankingdive.com/news/bny-ai-community-banks-initiative-razzaque/811224/

#FinTech #FinServ #Banking

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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp 5 hours ago

Block doubles down on European ambitions

Block has opened a new office in Dublin, part of the company's increasing attention to the region.

https://www.americanbanker.com/payments/news/block-opens-a-technology-hub-in-dublin

#FinTech #FinServ #Banking

American Banker

Block doubles down on European ambitions

The payment company opened a new office in Dublin to battle rivals like Adyen, Stripe and PayPal.
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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp 5 hours ago

Block doubles down on European ambitions

Block has opened a new office in Dublin, part of the company's increasing attention to the region.

https://www.americanbanker.com/payments/news/block-opens-a-technology-hub-in-dublin

#FinTech #FinServ #Banking

American Banker

Block doubles down on European ambitions

The payment company opened a new office in Dublin to battle rivals like Adyen, Stripe and PayPal.
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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp 6 hours ago

U.S. Bank COO to retire this spring

The bank hasn’t yet named a successor for Souheil Badran, but said he will be involved in the leadership transition.

https://www.bankingdive.com/news/us-bank-coo-retire-spring/811236/

#FinTech #FinServ #Banking

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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp 6 hours ago

U.S. Bank COO to retire this spring

The bank hasn’t yet named a successor for Souheil Badran, but said he will be involved in the leadership transition.

https://www.bankingdive.com/news/us-bank-coo-retire-spring/811236/

#FinTech #FinServ #Banking

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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp 7 hours ago

Klarna joins Google's AI protocol; Payoneer expands footprint

The card brands and other large payment companies have signed on to support UCP.

https://www.americanbanker.com/payments/news/googles-ai-protocol-grows-payoneer-gets-a-bigger-footprint

#FinTech #FinServ #Banking

American Banker

Klarna joins Google's AI protocol; Payoneer expands footprint

The search giant has added Klarna to its growing list of companies that are supporting standards for agentic commerce. Also, Payoneer has added Indonesia and Mexico to its collections network and more in American Banker's global payments and fintech roundup.
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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp 7 hours ago

Klarna joins Google's AI protocol; Payoneer expands footprint

The card brands and other large payment companies have signed on to support UCP.

https://www.americanbanker.com/payments/news/googles-ai-protocol-grows-payoneer-gets-a-bigger-footprint

#FinTech #FinServ #Banking

American Banker

Klarna joins Google's AI protocol; Payoneer expands footprint

The search giant has added Klarna to its growing list of companies that are supporting standards for agentic commerce. Also, Payoneer has added Indonesia and Mexico to its collections network and more in American Banker's global payments and fintech roundup.
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martin bihl
martin bihl
@martinbihl@pixelfed.social  ·  activity timestamp yesterday

71% of respondents to a #banking survey of small businesses identified a “gap” between what they need & what they’re getting. Some theories on what they’re talking about & why it matters. https://www.martinbihl.com/business-thinking/small-business-banking #banks #business #postCovid #smallbusiness

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Martin Bihl

Keep the Change: Some Thoughts on Small Business Banking — Martin Bihl

Sometimes dissatisfied customers are just jerks. But sometimes dissatisfied customers are telling you the rules have changed & you’re not paying attention. Some thoughts on small business banking.
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martin bihl
martin bihl
@martinbihl@pixelfed.social  ·  activity timestamp yesterday

71% of respondents to a #banking survey of small businesses identified a “gap” between what they need & what they’re getting. Some theories on what they’re talking about & why it matters. https://www.martinbihl.com/business-thinking/small-business-banking #banks #business #postCovid #smallbusiness

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Martin Bihl

Keep the Change: Some Thoughts on Small Business Banking — Martin Bihl

Sometimes dissatisfied customers are just jerks. But sometimes dissatisfied customers are telling you the rules have changed & you’re not paying attention. Some thoughts on small business banking.
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pixelfed

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Martin Bihl
Martin Bihl
@martinbihl@mastodon.social  ·  activity timestamp yesterday

71% of respondents to a #banking survey of small businesses identified a “gap” between what they need & what they’re getting. Some theories on what they’re talking about & why it matters. https://www.martinbihl.com/business-thinking/small-business-banking #banks #business #postCovid #smallbusiness

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Martin Bihl

Keep the Change: Some Thoughts on Small Business Banking — Martin Bihl

Sometimes dissatisfied customers are just jerks. But sometimes dissatisfied customers are telling you the rules have changed & you’re not paying attention. Some thoughts on small business banking.
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Martin Bihl
Martin Bihl
@martinbihl@mastodon.social  ·  activity timestamp yesterday

71% of respondents to a #banking survey of small businesses identified a “gap” between what they need & what they’re getting. Some theories on what they’re talking about & why it matters. https://www.martinbihl.com/business-thinking/small-business-banking #banks #business #postCovid #smallbusiness

Sorry, no caption provided by author
Sorry, no caption provided by author
Sorry, no caption provided by author
Martin Bihl

Keep the Change: Some Thoughts on Small Business Banking — Martin Bihl

Sometimes dissatisfied customers are just jerks. But sometimes dissatisfied customers are telling you the rules have changed & you’re not paying attention. Some thoughts on small business banking.
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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp yesterday

Insider threat cited in $22M Iowa bank fraud case

Prosecutors say a bank employee used knowledge of customers from a previous job to facilitate the fraudulent loans.

https://www.americanbanker.com/news/insider-threat-cited-in-22m-iowa-bank-fraud-case

#FinTech #FinServ #Banking

American Banker

Insider threat cited in $22M Iowa bank fraud case

Prosecutors allege Curtis Weston and a bank insider used fraudulent loans to fund stock market trades, leaving the bank with $20 million in losses.
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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp yesterday

Insider threat cited in $22M Iowa bank fraud case

Prosecutors say a bank employee used knowledge of customers from a previous job to facilitate the fraudulent loans.

https://www.americanbanker.com/news/insider-threat-cited-in-22m-iowa-bank-fraud-case

#FinTech #FinServ #Banking

American Banker

Insider threat cited in $22M Iowa bank fraud case

Prosecutors allege Curtis Weston and a bank insider used fraudulent loans to fund stock market trades, leaving the bank with $20 million in losses.
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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp yesterday

Embedded finance to ‘explode’: panel

Tucking financial services, like payments, into a broader range of consumer situations is about to take off, bank executives said.

https://www.paymentsdive.com/news/embedded-finance-to-explode-panel/810979/

#FinTech #FinServ #Banking

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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp yesterday

Embedded finance to ‘explode’: panel

Tucking financial services, like payments, into a broader range of consumer situations is about to take off, bank executives said.

https://www.paymentsdive.com/news/embedded-finance-to-explode-panel/810979/

#FinTech #FinServ #Banking

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Business Channel boosted
Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp yesterday

SBA re-tightens its eligibility rules, hitting noncitizens

The SBA is backtracking on a policy, instituted last year, that had permitted modest participation in its lending program by noncitizens who are in the country legally.

https://www.americanbanker.com/news/sba-re-tightens-its-eligibility-rules-hitting-noncitizens

#FinTech #FinServ #Banking #Kakistocracy

American Banker

SBA re-tightens its eligibility rules, hitting noncitizens

The latest directive, which takes effect in March, allows only U.S. citizens and nationals to seek government-guaranteed financing. It's drawing criticism from Democrats in Congress, small-business advocates and some lenders.
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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp yesterday

SBA re-tightens its eligibility rules, hitting noncitizens

The SBA is backtracking on a policy, instituted last year, that had permitted modest participation in its lending program by noncitizens who are in the country legally.

https://www.americanbanker.com/news/sba-re-tightens-its-eligibility-rules-hitting-noncitizens

#FinTech #FinServ #Banking #Kakistocracy

American Banker

SBA re-tightens its eligibility rules, hitting noncitizens

The latest directive, which takes effect in March, allows only U.S. citizens and nationals to seek government-guaranteed financing. It's drawing criticism from Democrats in Congress, small-business advocates and some lenders.
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BT Free Social

BT Free is a non-profit organization founded by @ozoned@btfree.social . It's goal is for digital privacy rights, advocacy and consulting. This goal will be attained by hosting open platforms to allow others to seamlessly join the Fediverse on moderated instances or by helping others join the Fediverse.

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