Emanuel Pearlman

Our Co-founder & CEO Jacqueline Reses was on CNBC’s #squawkbox to discuss the future of tech, banking, and crypto with Andrew Ross Sorkin. Jackie said, “I think it's been a long evolution over the last ten years where you've seen a wholesale change in the way banks show up now in people's pockets and try to make transactions easier for consumers and businesses.” Watch her discuss this and more in her interview here: https://lnkd.in/gnQ5mjD3

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Eye on Acquiring: Mohegan Picks PayNearMe in Pennsylvania; Xplor Capital Debuts - Digital Transactions https://buff.ly/44nUOeZ #payments #acquiring #iGaming #PayNearMe #Mohegan #deposits #payouts #XplorTechnologies #capitalfunding #smallbusinesses

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Santo Cannone shares his experience on core banking and the perceived lack of innovation it faces. "For the most part, core banking systems are old technology." In today's episode of Counting Change, we explore core banking systems and the barriers preventing innovation. Santo Cannone, a Board Chair for Tampa Bay Wave and a board member for Tyfone, Inc. and Simply Reliable, Inc., explores the functions of core banking systems, the barriers to innovation created by outdated systems, and the hesitancy of institutions to modernize or replace them. The episode also touches on the role of technology trends, such as AI and open banking, in shaping the future of core providers. Stream the episode now on your favorite podcast platform and join the conversation to hear more about the challenges core banking faces today. #CoreBanking #Innovation Don't forget to share your thoughts and key takeaways! Let's champion collaboration and navigate the future of finance together!

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Hot PPI • Casino M&A • Arbor Targeted REIT Daily Recap: https://lnkd.in/ekuKiSJP On the heels of a cooler-than-expected CPI report, the Producer Price Index this morning showed hotter-than-expected wholesale price trends in June, a modest setback amid a stretch of generally encouraging data showing continued disinflation. Headline PPI increased 0.2% in June from the prior month and 2.6% on a year-over-year basis - above the consensus estimates of 0.1% and 2.3%, respectively. Core PPI followed the same pattern, posting a hotter-than-expected 0.4% monthly increase and 3.0% annual increase - above estimates of 0.2% and 2.5%, respectively. A jump in trade services costs drove the upside surprise - a typically "noisy' category on a month-to-month basis that measures changes in margins received by wholesalers and retailers. Core PPI ex-Trade exhibited more encouraging trends, showing that prices were unchanged in June and moderated to 3.1% on an annual basis. #REITs #Dividends #Investing #Income #Yield #RealEstate #Housing #Stocks #Bonds #HighYield #DividendInvesting #IncomeInvesting #Diversification #Inflation #realassets #investment

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New trends are constantly developing in the#FinTech space. With new developments brings more QA requirements... take a look at this article to see if you are ahead of the curve and how you can incorporate these trends into your business... #qa #fintech #finance #qualityassurance #quality #developments https://lnkd.in/ewWauq8z

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🎉 Celebrating FedNow's 1st year! Despite an ironically slow start to the instant payments service, FedNow is on track to become a strong competitor to the RTP® network which recently announced a record of $1 billion in daily transactions. Bottomline's Jessica Cheney weighs in on the two networks and how they can and will improve business payments. Read her insights here ➡️ https://ow.ly/Kaly50SFue7. #BankingTechnology #InstantPayments #FedNow #Payments

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Unemployment, Recessions, and the S&P 500 BY PAUL HOFFMEISTER, PORTFOLIOS MANAGER AND CHIEF ECONOMIST Last month, we explained that interest rates were expected to stay higher for longer because inflation had become stubborn. Core PCE was holding near 2.8% in recent months, after declining nicely from 5.5% since 2022. As a result, the market had come to expect only one or two quarter point rate cuts by year-end, compared to as many as four or five at the beginning of this year... To read this and other full commentaries, visit us at: https://lnkd.in/emwwaNc

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BattleFin welcome Samantha Mait the Manager, Equity Data Management from Balyasny Asset Management L.P. to BattleFin Chicago, October 15-16th at the Hilton on the Magnificent Mile. Samantha Mait will be on stage for the Category Showcase, focusing on the evolution and power of Global Transaction & ClickStream data. Key topics include: The transformative impact of transaction and clickstream data Integrating these data types into investment strategies Insights into the evolution of data categories The future potential and challenges of leveraging this data Don't miss this opportunity to hear from her and other industry experts as we explore Alternative Data & AI for Financial Services in the Windy City. Check out the AGENDA & RSVP here: https://lnkd.in/eGF7wwPc #BattleFinChicago #AltData #ClickStream #TransactionData #FinancialServices #DataInnovation #InvestmentStrategies

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According to Josh Williams, Head of Partnerships at CD Valet, deposits have become the biggest challenge facing community banks today. Sitting down with FinTech Futures at Finovate Spring 2024, Josh explains the difficulties community banks face and insight into the distorted digital marketplace favoring a small number of FIs, making it even harder to compete. Learn about the challenges financial institutions face when building deposit portfolios and how CD Valet is the solution that can help move your deposit strategy forward. https://ow.ly/Sb3C50Sjh8X

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Vitesse PSP Limited Continues Its U.S. Expansion Plans by Receiving New York State Department of Financial Services Approval for Vitesse Trust Company, LLC Phillip M., co-founder and CEO of Vitesse, said of the establishment of the Vitesse Trust, “The U.S. is a key growth market for us. We are excited to introduce our innovative payment and treasury management solutions to a wider audience, we are committed to helping insurance clients transform their operations, optimize liquidity and provide their customers with a more seamless process.” https://lnkd.in/e7kBfXbT William Giles Curt Hess Mauro Di Buono Annie Rosen Steven Newton Thomas Schmidt Stefan Burkwood Richard King Stephanie Johnson #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Steve Castino, our new chairman of the board, and the chief growth officer for Rehmann, joined GrowthTV while at DealMAX to talk about thriving in a turbulent market. #MiddleMarket #Growth #Network #Networking #Deals #Dealmaking #Dealmakers #InvestmentBank #InvestmentBanking #Invest #PrivateEquity #PE #Advisors #Community #BusinessDevelopment

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Steve Castino, our new chairman of the board, and the chief growth officer for Rehmann, joined GrowthTV while at DealMAX to talk about thriving in a turbulent market. #MiddleMarket #Growth #Network #Networking #Deals #Dealmaking #Dealmakers #InvestmentBank #InvestmentBanking #Invest #PrivateEquity #PE #Advisors #Community #BusinessDevelopment

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Check out the latest interview on Growth TV!

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Many thanks to Kristin Carlson, Focal Point Master Executive Coach, CEPA, for featuring Gary Palmer, CEO and Founder at Payall, on BEYOND AVERAGE: Journeys through Growth & Value Podcast! 🎙️ It was a very insightful conversation on revolutionising global cross-border payments, reshaping the banking landscape, and Gary's inspiring journey in the financial world. Don't hesitate to check it out see how challenges can be turn into opportunities! Watch here: [https://lnkd.in/eqiTdVzg] #CrossBorderPayments #PayallPaymentSystems #Podcast

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Jack Henry released its Strategy Benchmark report with the top strategic priorities for bank & CU CEOs in 2024 and 2025. Here’s the rundown 👇 The top strategic priority is growing deposits. Increasing operational efficiency is next. The top two concerns are Net interest margin (NIM) compression & deposit attrition/displacement. COMPARED TO BANKS, CUs ARE: ◆ More bullish on growing tech budgets ◆ Allocating more money to data analytics & automation ◆ Giving outsized priority to AI investments Our take 👉 We see it too. CUs seem more willing to invest in tech that improves the account holder experience. Ease of use is critical for them. And, they’re deep into their data & focused on deepening relationships by serving members better. YOU CAN’T GROW WITHOUT DATA According to the report, you only have 10% to 20% of your accountholders’ financial data. That makes it hard to leverage AI unless you supplement your data via open banking or another means. The report states the average accountholder has 14 financial apps on their smartphone & 15 to 20 relationships spanning the financial services spectrum. Their money & financial data are spread across disparate card issuers, brokers, payments apps, neobanks, digital wallets, HSAs, & 401(k)s. This fragmentation makes it difficult for accountholders to understand where they stand with their money, much less what to do next or how to improve their financial health. Our take 👉 Customers & members are cheating on their banks & CUs. They value what fintechs offer, but their lives have gotten pretty complicated managing it all. They’re dying for someone to pull it all together for them. They’re craving advice & guidance. Community institutions can win here. SO, HOW DO FIs PLAN TO GROW? ◆ 90% of FIs plan to serve a niche market over the next two years. (Banks & CUs both want to seize the SMB opportunity.) ◆ 92% of FIs plan to embed fintech into their digital banking experiences. ◆ Just 30% of FIs cite BaaS plans. Our take 👉 Niche strategies can be brilliant. After all, it’s hard to be everything to everyone. By taking a focused approach, FIs can better differentiate their products and their brands. What’s another way to grow? Lose less. Stem attrition & truly engage your unprofitable customers & members. Double down on driving ORGANIC GROWTH. Get the full report: https://lnkd.in/g7mvYASQ #banking #communitybanks #creditunions #fintech

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