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

Citi pilots #AI-assisted collaboration feature for employees

CTO David Griffiths said Spaces will help teams work together on projects within the financial services firm’s AI platform.

https://www.ciodive.com/news/citi-pilots-ai-assisted-workspace-employees/811280/

#FinTech #FinServ #Banking

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

Citi pilots #AI-assisted collaboration feature for employees

CTO David Griffiths said Spaces will help teams work together on projects within the financial services firm’s AI platform.

https://www.ciodive.com/news/citi-pilots-ai-assisted-workspace-employees/811280/

#FinTech #FinServ #Banking

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

Deal gives Santander 'final step change' needed for U.S. growth

Santander's pending acquisition of Webster Financial checks several boxes for the Spanish bank, which has been seeking greater scale and profitability in the U.S.

https://www.americanbanker.com/news/deal-gives-santander-final-step-change-needed-for-u-s-growth

#FinTech #FinServ #Banking

American Banker

Deal gives Santander 'final step change' needed for U.S. growth

The Spanish banking giant is accelerating its U.S. growth plans with the pending acquisition of Webster Financial in Connecticut. The combined entity will be the second-largest foreign-owned bank operating in the country.
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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp yesterday

Deal gives Santander 'final step change' needed for U.S. growth

Santander's pending acquisition of Webster Financial checks several boxes for the Spanish bank, which has been seeking greater scale and profitability in the U.S.

https://www.americanbanker.com/news/deal-gives-santander-final-step-change-needed-for-u-s-growth

#FinTech #FinServ #Banking

American Banker

Deal gives Santander 'final step change' needed for U.S. growth

The Spanish banking giant is accelerating its U.S. growth plans with the pending acquisition of Webster Financial in Connecticut. The combined entity will be the second-largest foreign-owned bank operating in the country.
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