Wed.Mar 03, 2021

article thumbnail

SCAD Team Mentored by Director of Experience Design Wins STARTUP Competition

Perficient

Joseph Willet, a Director of Experience Design at Perficient and alumni of Savannah College of Art and Design (SCAD), recently mentored a team of students that participated and won the Fan Favorite award at the 2021 STARTUP competition, the week-long yearly competition hosted by the Future Leaders of UX (FLUX) Club. STARTUP is typically a one-track competition where teams create a viable start-up business with a design strategy, but this year’s competition included two tracks, the second track p

UX 539
article thumbnail

Request to Pay—a growing global trend in payments

Accenture

In my last post, I talked about the important role Request to Pay (RtP) will play in the future of payments—it will , bring flexibility to payers, cost reduction and efficiency to billers, and a huge value opportunity to financial services providers that have an Open Banking infrastructure in place. In this post, let’s take…. The post Request to Pay—a growing global trend in payments appeared first on Accenture Banking Blog.

Trends 310
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MiHC La Puerta Portal Opens the Door to Success for Hispanic Students in Detroit

Perficient

Perficient is pleased to announce, along with the Michigan Hispanic Collaborative (MiHC), the enhanced availability of the La Puerta portal. Perficient developed the La Puerta portal framework as a way of giving back to the Detroit community and to pave the way for students to benefit from a college education. The Michigan Hispanic Collaborative’s goal to improve the economic strength of the Hispanic community in Michigan.

Detroit 520
article thumbnail

FinCEN Red Flags for Economic Impact Payment Fraud

Abrigo

New relief may escalate EIP criminal activity. While the typologies of EIP fraud are not new, FinCEN has provided examples of trending types of EIP-related criminal activities. . Would you like other articles like this in your inbox? Takeaway 1 FinCEN has provided examples of the trending types of EIP fraud. . Takeaway 2 There are several red flags that should be incorporated into an institution's FinCrime monitoring program.

Fraud 195
article thumbnail

Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

article thumbnail

Healthcare Interoperability with Perficient and Red Hat [Webinar]

Perficient

In 2020, the Centers for Medicare & Medicaid Services and the Office of the National Coordinator for Health Information Technology released the CMS Final Rule , which puts patients first by giving them access to their health information when they need it, in a way they can best use it. Payers that deal with federal healthcare plans have to do the following: Patient Access API: Provide a FHIR-based API that lets patients access claims and information via third-party applications.

Meeting 505

More Trending

article thumbnail

Use Power BI to view your Smartthings devices

Perficient

Intro. This is more of a proof of concept to show that you can read from custom and not-often-used data sources into Power BI. As you go through this small showcase/tutorial, I encourage you to think about what type of data would benefit from you being able to look at it in a cohesive dashboard. Use Case. I have many IoT devices in my home and mainly use Smartthings to manage them.

Data 322
article thumbnail

Interchange to rise in April, but card brands offer an olive branch

Payments Source

The update, delayed from last year, would be the most substantial change to the interchange rate structure in a decade — and the card networks have not signaled plans to delay it further.

Cards 160
article thumbnail

Why migrate from Informatica PowerCenter to Informatica Intelligent Cloud Services

Perficient

The Covid-19 pandemic has accelerated multicloud adoption and research predicts that workloads primarily executed in cloud-based external environments will increase from 36% in 2020 to 63% in 2022. Taking a cloud or multicloud approach has many benefits like reducing vendor lock-in, greater agility, scalability, network performance improvement, improved risk management, and more.

Data 309
article thumbnail

Ripple founder funds upgrades in San Francisco small-business zones

Payments Source

Chris Larsen, co-founder and former CEO of the payments company, is donating $1.7 million to help merchant associations improve the city's lighting, crosswalk markings, sidewalks and trash receptacles.

article thumbnail

The State of Automation in Financial Services 2024 Report

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

article thumbnail

The History Behind Google’s Page Experience Signal and Where It May Be Going Next

Perficient

In May 2021, Google is rolling out the Page Experience ranking signal. It combines the existing mobile-friendly, safe-browsing, https, and intrusive interstitials signals with the new Core Web Vitals (CWV) signal that includes: Largest Contentful Paint. First Input Delay. Cumulative Layout Shift (a form page speed metric). The Page Experience signal is a milestone in Google’s journey toward improved experiences for its search users.

Google 309
article thumbnail

Merchants Must Cater to the Distracted Shopper

Payments Source

The post-pandemic world requires serving multitasking consumers. Checkout.com exec and Card Forum: Contactless presenter Bradley Riss discusses how that works in a preview of our virtual conference. Contactless payments Digital payments

article thumbnail

Applying Power Platform to the Healthcare Industry – Part 2: Using Power Automate for Backend Logic

Perficient

This mini series is about using Power Platform to help streamline the work of healthcare providers and increase patient safety. Part 1 of this mini series covered how to set up your database – creating entity tables to store the list of directions and the list of conditions, and relating the two tables with a lookup column. You can find previous parts linked below: Applying Power Platform in the Healthcare Industry.

Industry 294
article thumbnail

Expand CRA to include nonbanks

Payments Source

If policymakers are serious about revitalizing low-income communities, they should require all fintechs and other nonchartered lenders to adhere to the Community Reinvestment Act.

article thumbnail

Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

article thumbnail

Cash Forecasting During an Unstable Economy

Perficient

Covid-19 has turned the world’s economies upside down. As preventative measures (such as lock-downs) continue, uncertainty abounds. This uncertainty is making it difficult for companies to gain a clear picture of their finances. In the best of times, when the financial waters are calm and the visibility is clear, cash forecasting remains one of the greatest challenges for a company (with most admitting to a level of accuracy that barely approaches 75 percent).

Analytics 221
article thumbnail

How to … Find AI-backed automation use cases

BankInovation

Every business has a use case for artificial intelligence (AI) to support automated decisions, and some researchers believe that 100% of businesses will realize that potential and pursue the combined technology by 2025. In 2019, 54% of companies surveyed by Forrester Research were implementing AI, but the IT research firm expects that number to rise […].

How To 98
article thumbnail

Embedded payments will change commerce as much as cards

Payments Source

Linking a variety of services to a payment account opens a new more flexible world of financial services, says Tribe Payments' Alex Ressish.

article thumbnail

M&T’s Mary Kate Loftus to speak at BA Ignite

BankInovation

Mary Kate Loftus, senior vice president and director of digital for M&T Bank, is set to take the virtual stage at the Bank Automation Ignite conference, which takes place April 13-14. Loftus will present an Ignite Idea in a Ted Talk-style session that delves into the topic of automation within financial services. View the BA […].

article thumbnail

Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

article thumbnail

Greensill crisis spreads as Bank of England and German regulator take action

TheGuardian

Uncertainty over lender’s future poses threat to investors, business borrowers and nearly 50,000 jobs Founder facing sudden fall to earth The crisis at the troubled lender Greensill Capital has spread after the Bank of England took action against one of the firm’s major business partners, and German regulators banned its local subsidiary from doing business and reportedly filed a criminal complaint against management.

article thumbnail

Banks lobby Congress to postpone PPP deadline

American Banker

The Small Business Administration is still writing rules for the Paycheck Protection Program two months after its relaunch. Lenders fear they may not have enough time to review those rules before the program’s March 31 expiration date.

Lending 92
article thumbnail

Financial Services Digital Transformation & Business Resiliency Strategies

Cisco

Financial Services institutions have experienced unforeseen challenges and significant disruption during the Pandemic and beyond, but also unprecedented opportunities to accelerate growth and digitize business operations to enhance employee productivity, customer experience, and innovation. There is an increased sense of urgency to Connect, Secure & Automate, and most importantly, to make Banking, Insurance & Wealth Management easier for customers, partners and stakeholders.

article thumbnail

Credit unions expect hybrid work model after COVID ends

American Banker

The industry quickly pivoted to remote work once the pandemic hit, but panelists who spoke during CUNA's online Governmental Affairs Conference predicted many institutions will utilize a mix of working from home and in the office once things return to normal.

article thumbnail

Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.

article thumbnail

UK contactless payment limit to rise to £100

TheGuardian

Move, to be announced by Rishi Sunak in the budget, may not be rolled out until later this year The limit on contactless spending is set to rise to £100, although the change may not be rolled out to shops until later in the year. The limit on tap-and-go card spending was increased to £45 last year as retailers sought ways to cut the need for physical contact in shops amid the Covid pandemic, and in January plans were announced to more than double it.

article thumbnail

The Fed needs to close backdoor to its payment rails

American Banker

Some bank regulators are allowing companies that offer digital currencies to apply for a charter, potentially giving them a path to the Federal Reserve system without proper oversight.

article thumbnail

Document intelligence: Long-term value creators

BankInovation

When senior decision-makers are asked what they look for when evaluating document automation solutions, their answers tend to converge around three core questions: Can the offering solve my problem? How easy is it to use? Can we scale this solution to meet future needs? These are subjective questions that are hard to answer. Understandably, they […].

Meeting 64
article thumbnail

Challenger bank helps customers erase carbon footprints

American Banker

Aspiration makes donations to a tree-planting charity based on debit card spending, buys carbon offsets for gas purchases and rates retailers' environmental records.

Retail 83
article thumbnail

2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.