Search Results for: banks and insurance

Community Bank System, Announces CEO Succession Plan
Banking News

Community Bank System, Announces CEO Succession Plan

Business Wire
by Business Wire0
Community Bank System, announced that Mark E. Tryniski will retire as the Company’s President and Chief Executive Officer (“CEO”) effective as of December 31, 2023. Since August 2006, Mr. Tryniski has served as the President, CEO and Director of the Company and its wholly owned banking subsidiary, Community Bank, N.A.......
CFPB Takes Action Against ACI Worldwide for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize
Consumer protection laws Digital Payments News

CFPB Takes Action Against ACI for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize

Fintech News Desk
by Fintech News Desk0
ACI will pay a $25 million penalty for data handling practices that negatively impacted nearly 500,000 homeowners whose mortgages were serviced by Mr. Cooper The Consumer Financial Protection Bureau (CFPB) issued an order against ACI Worldwide and one of its subsidiaries, ACI Payments, for improperly initiating approximately $2.3 billion in......
Why Fintech Leaders Should Embrace Three Key Strategies to Deliver Value for Their Business and Customers
Digital Payments Fintech Guest Posts

Three Key Fintech Strategies to Deliver Value to Customers

Ralph Dangelmaier
by Ralph Dangelmaier0
Fintech leaders are constantly challenged to deliver incremental value for their businesses and customers. This has become even more heightened in today’s landscape, as economic factors and a competitive market are leaving organizations strapped for solutions to stand out and get ahead. As a result, many are turning to technical......
Hiscox Selects Ivalua to Digitally Transform its Source-to-Pay Processes
Digital Finance News

Hiscox Selects Ivalua to Digitally Transform its Source-to-Pay Processes

PR Newswire
by PR Newswire0
Ivalua, a global leader in spend management, announced that, after a comprehensive selection process, Hiscox, an international specialist insurer, has selected Ivalua’s full, Source-to-Pay (S2P) solution to digitalize its global procurement operations. With over 1.5 million retail customers across the UK, Europe, Asia and the USA, Hiscox offers a range of specialist insurance products in......
Biz2X Announces New Account Opening Product for Business Banking Clients
Banking News

Biz2X Announces New Account Opening Product for Business Banking Clients

GlobeNewswire
by GlobeNewswire0
Biz2X is excited to announce its new Account Opening product. This breakthrough technology allows banking clients to quickly and efficiently open new deposit accounts, enabling faster funding for borrowers. New small and medium-sized businesses are cropping up every day. The integration of Biz2X’s Lending and Account Opening products can help......
Six Ways Fraudsters Are Using Generative AI to Commit Fraud
Artificial Intelligence Compliance management Digital Guest Posts

Six Ways Fraudsters Are Using Generative AI to Commit Fraud

Oliver Tearle
by Oliver Tearle0
Generative artificial intelligence (AI) has already had a pervasive impact on our lives, with many experts sharing their opinions on the technology’s industry changing commercial potential and how it might be used in future. I recently shared my thoughts on how the technology would change the payments industry, but while there are......
1