Perficient

NOVEMBER 1, 2023

Intelligent automation and generative AI can unlock tremendous value for financial services leaders who want to optimize experiences and reduce costs. Perficient was honored to participate in the inaugural Banking, Financial Services, and Insurance (BFSI) event hosted by Kofax. With more than 50 financial services and insurance professionals in attendance, this event showcased the industry’s unwavering commitment to practical innovation.

Industry 251

Industry Operations Compliance Strategy 251

Payments Dive

NOVEMBER 1, 2023

Google CEO Sundar Pichai did not provide details on how PayPal used the tool, saying only that it helped “boost developer productivity.

Google 418

Google Tools 418

Perficient

NOVEMBER 1, 2023

In today’s world, enterprises must put an emphasis on their cloud transformation, or they’ll be left behind. To have success, organizations must adopt cloud in concert with business vision to deliver digital initiatives and strategic goals. One of the leading drivers of digital transformation is application modernization and migration, but unfortunately, not everyone has the internal resources to champion these efforts on their own.

Report 221

Report Strategy Digital Strategies Customer Experience 221

Payments Dive

NOVEMBER 1, 2023

The payments processor’s new point-of-sale software for retail and restaurant customers will launch in early 2024, not this year.

Payments 397

Payments Software Retail 397

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

US

Realwired Appraisal Management Blog

NOVEMBER 1, 2023

If you know your potential exceeds your current results, take pause. Be Useful: Seven Tools for Life by Arnold Schwarzenegger provides a roadmap to improve our personal and professional lives. “Be hungry for success, hungry to make your mark, hungry to be seen and to be heard and to have an effect.

Tools 105

Tools 105

CFPB Monitor

NOVEMBER 1, 2023

On October 27, the Federal Trade Commission (“FTC”) unanimously voted to amend the Safeguards Rule to require non-banking financial institutions to report data breaches and security events to the Agency. This amendment will become effective 180 days after its publication in the Federal Register. Under the amended rule, financial institutions subject to the authority of the FTC will be required to notify the Agency as soon as possible, and no later than 30 days after discovery of a “Notification

Security 88

Security Data Report 88

Payments Dive

NOVEMBER 1, 2023

The cross-border payments company plans to revamp its loyalty program early next year as part of a plan to jump-start growth.

Payments 221

Payments Company 221

CFPB Monitor

NOVEMBER 1, 2023

Alan Kaplinsky, Senior Counsel in and former Practice Group Leader of Ballard Spahr’s Consumer Financial Services Group and frequent host of the Consumer Finance Monitor Podcast (a weekly podcast episode sponsored by our Consumer Financial Services Group) was recently the special guest of Bloomberg Intelligence analysts Elliott Stein and Nathan Dean on their podcast, Votes and Verdicts. .

Groups 78

Groups 78

TheGuardian

NOVEMBER 1, 2023

Reported move over scheme run by British Business Bank pushes losses on to banks if borrowers fail to repay The UK government has reportedly removed state guarantees from almost £1bn in Covid-19 emergency loans, pushing potential losses on to banks if borrowers fail to repay them. The taxpayer-owned British Business Bank (BBB), which runs the loan schemes, removed state guarantees from 10,786 loans worth a combined £979m up to 11 October, according to data obtained under freedom of information l

Report 83

Report Data 83

Advertisement

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

Lending

American Banker

NOVEMBER 1, 2023

The U.K.'s Financial Conduct Authority released data that shows buy now/pay later lending on the rise, Ripple is working with Uphold to improve crypto liquidity and more.

Lending 83

Lending Data cryptocurrency Payments 83

BankInovation

NOVEMBER 1, 2023

Citizens Bank added a new Amazon Web Services plug-in to its tech stack in October, according to BuiltWith, which offers an intelligence tool that tracks technology adoption and use.

Tools 63

Tools Operations Data Technology 63

American Banker

NOVEMBER 1, 2023

The card network sells aggregate information about customer spending habits, which data-privacy advocates say goes past Mastercard's role as a payment processor. Mastercard explained the recent removal of certain advertisements as a business decision.

Data 78

Data Cards Payments 78

BankInovation

NOVEMBER 1, 2023

Financial institutions are identifying AI uses within their operations for coding, documentation and underwriting. Chase Auto National Credit Director Anne Alburo discussed use cases and their implications for AI and automation in underwriting at Auto Finance Summit 2023 in Las Vegas on Monday.

Las Vegas 63

Las Vegas National Operations Technology 63

Advertisement

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

Report

American Banker

NOVEMBER 1, 2023

The island state's biggest banks — which reported lower profits in the third quarter — say it is too soon to fully assess the economic fallout from the deadly August wildfires. The rebuilding effort could boost near-term deposit growth and long-term loan demand, they said.

Hawaii 77

Hawaii Report Community Bank Industry 77

The Paypers

NOVEMBER 1, 2023

The government of Kenya has revealed its plans to introduce a digital identification system in December 2023 following a testing period.

System 74

System 74

TheGuardian

NOVEMBER 1, 2023

Olaudah Equiano and Ignatius Sancho | Seaweed servings | Bank profits | Retirement age | A vote for Labour To offer some small credit to Royal Mail, Olaudah Equiano did feature on a first-class stamp as part of the Abolition of the Slave Trade series in 2007 , which also included a 72p stamp for the great Ignatius Sancho ( Opinion, 28 October ). That the same series also included four stamps of white people tends to confirm the point that black figures have been poorly represented.

58

58

American Banker

NOVEMBER 1, 2023

Federal Reserve Chair Jerome Powell said he expects the final version of the Basel III endgame reforms to garner "broad support" after comments are received and addressed.

Capital 48

Capital Policies Compliance Regulation 48

Advertisement

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.

Lending

The Paypers

NOVEMBER 1, 2023

Token.io and Open Banking Expo have published ‘The future of Dynamic and Variable Recurring Payments’ research, showcasing the benefits of Variable Recurring Payments (VRPs).

Payments 41

Payments 41

American Banker

NOVEMBER 1, 2023

Charlie, a neobank marketed to people 62+, and Carefull, which partners with financial institutions, recently raised their Series A's. A third, called EverSafe, is embarking on its first fundraise.

Fintech 41

Fintech Marketing Capital Fraud 41

The Paypers

NOVEMBER 1, 2023

Hedron has signed a three-year contract for the recently launched FullCircl + Acturis integration as part of its strategy to build a growth ecosystem for brokers in the UK.

Strategy 41

Strategy 41

American Banker

NOVEMBER 1, 2023

Citing the need to conserve capital, Blue Ridge Bankshares indefinitely extended a dividend suspension that it announced in July. The bank remains well-capitalized, but it saw its ratios shrink in the third quarter.

Virginia 36

Virginia Capital Compliance Regulation 36

Advertisement

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.

Lending

The Paypers

NOVEMBER 1, 2023

Mangopay has received an EMI licence authorised by the FCA in order to deliver its services to UK customers and strengthen its presence in the region.

Security 45

Security Regional 45

American Banker

NOVEMBER 1, 2023

U.S. Attorney Philip R. Sellinger said Oscar Marcelo Nunez-Flores, a New Jersey bank staffer of a bank unnamed in case documents, was arrested Wednesday after he allegedly took bribes to launder millions in drug money to Colombia.

New Jersey 36

New Jersey Policies Compliance Regulation 36

The Paypers

NOVEMBER 1, 2023

MENA-based BNPL platform Tabby has secured USD 200 million in Series D funding round in order to develop its solutions and expand its offerings.

Security 45

Security 45

Image Works Direct

NOVEMBER 1, 2023

Meet Erin Pollocoff, one of our gifted Graphic Designers and Lead Animator here at image.works! She grew up in Pleasant Prairie, WI and attended UW Oshkosh, earning her BA in Journalism, and earned her degree in Graphic Design from Madison College, which she has skillfully applied at image.works creating eye-catching visuals and attention-grabbing animations.

Meeting 36

Meeting 36

Advertisement

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.

Compliance