Bank

New Report: Why Bank of America Says AP Automation Is About Making, Not Breaking The Budget
New Report: Why Bank of America Says AP Automation Is About Making, Not Breaking The...
June 19, 2020  |  Next-Gen AP Automation

Businesses that have stuck with paper-based accounts payable (AP) processes are feeling the heat as the COVID-19 pandemic makes it unsafe for staff to conduct...

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Travelex Ditches Sale After Banks Reject Offers
Travelex Ditches Sale After Banks Reject Offers
June 16, 2020  |  Partnerships / Acquisitions

Foreign exchange giant Travelex is pulling its offer of sale to prospective buyers after none of the buyers could offer an acceptable deal to the...

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FTC Releases State Data Of COVID-19 Related Consumer Complaints
FTC Releases State Data Of COVID-19 Related Consumer Complaints
June 12, 2020  |  Security & Fraud

Fraud was the top complaint related to coronavirus logged by the Federal Trade Commission (FTC), according to new reports released on the organization’s website. There...

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Wells Fargo Announces New Risk Management Hires And Strategy
Wells Fargo Announces New Risk Management Hires And Strategy
June 01, 2020  |  Bank Regulation

Kevin Reen and Bill Juliano, who recently worked for J.P.Morgan Chase and Santander Bank respectively, will now serve as Wells Fargo‘s new corporate risk leaders,...

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How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel
How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel
May 27, 2020  |  Fraud Prevention

More consumers are turning to the omnichannel offerings of banks and credit unions (CUs) as they follow stay-at-home mandates, and cybercriminals are eager to launch...

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HSBC To Restart Restructuring, Eyes Deeper Job Cuts
HSBC To Restart Restructuring, Eyes Deeper Job Cuts
May 25, 2020  |  Banking

The biggest reorganization in HSBC’s history could get even larger as more cuts are requested by the board following the economic fallout from the worldwide...

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SBA Overwhelmed With Requests, May Cause Delay In SMB Loans
SBA Overwhelmed With Requests, May Cause Delay In SMB Loans
April 08, 2020  |  Coronavirus

As businesses around the U.S. wait eagerly for loans from the $2 trillion stimulus package passed by Congress, the Small Business Association (SBA) may be...

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Switzerland Issues $15B In SMB Loans Within First Week Of Launch
Switzerland Issues $15B In SMB Loans Within First Week Of Launch
April 05, 2020  |  Loans

Switzerland is in the midst of an economic surge compared to other coronavirus-ravaged countries, with fast and efficient loans making the difference, experts say. Applicants...

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Ireland‘s AIB Drops Plan To Charge For Contactless Payments
Ireland‘s AIB Drops Plan To Charge For Contactless Payments
March 18, 2020  |  Payment Methods

The coronavirus outbreak, now spreading worldwide, has caused Ireland’s AIB to reconsider charging people for contactless payments. Contactless payments, after all, could help prevent the...

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