Accenture
APRIL 7, 2021
This series of blogs looks at the future of banking in Growth Markets in a post-COVID-19 world. Banks need a clear approach to eliminate their legacy technology debt and attain future-ready systems. That means taking the journey to the cloud – a typically incremental process by which banks shift their core-systems architecture to a flexible,….
Banking Exchange
APRIL 7, 2021
Platform will help gig workers and contractors access government Covid-19 support Consumer Credit Business Credit Community Banking Feature3 Feature Duties Fair Lending Fintech PPP Covid19 People The Economy.
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FICO
APRIL 7, 2021
The economic and financial fall-out following the turbulence of the past 12 months has highlighted the critical need for agility, flexibility and adaptability in unprecedented times. This is particularly true for managing debt collection in the pandemic. It’s clear that being slow to react or tone-deaf to customers facing financial difficulty by delivering impersonal or threatening collections messages — while lacking the flexibility to find collaborative ways to solve your customers challenges
TheGuardian
APRIL 7, 2021
Jamie Dimon says in shareholder letter economy on edge of ‘Goldilocks moment’ but upbeat news comes with caveats The US has been “torn and crippled by politics, as well as racial and income inequality” but is about to enter a post-pandemic boom, according to JP Morgan boss Jamie Dimon. Related: Banks pledge to fight climate crisis – but their boards have deep links with fossil fuels Continue reading.
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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
Banking Exchange
APRIL 7, 2021
Many incumbent US banks are not structured for a new digital shift boosting opportunity for fintechs The Economy Technology Financial Trends Retail Banking Tech Management Mobile Online Cards Feature Lines of Business Feature3 Covid19 Consumer Credit Customers People Fintech.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Lars Markull
APRIL 7, 2021
In the past weeks, I’ve had numerous discussions with startup founders about open banking providers in Europe. All of them were looking for a provider but due to the increasing number of players, they were facing troubles finding the ideal Open Banking provider for their use case. And the last 12-18 months have been hectic in the space: Large funding rounds, new product offerings, expansions, partnerships and so on.
Banking Exchange
APRIL 7, 2021
Hildene Capital claims CIB has underperformed and has poor corporate governance Management Feature M&A Feature3.
BankInovation
APRIL 7, 2021
Consumers are looking for a frictionless customer service experience, but legacy systems may be getting in the way. The seamless digital banking experience customers are looking for is one that’s also personal, Jacqueline White, president of the Americas at the financial services software provider Temenos, tells Bank Automation News in this podcast.
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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
BankInovation
APRIL 7, 2021
Matt Carbonara, managing director at Citi Ventures, will discuss the state of automation in financial services today and in the future during the Bank Automation Ignite virtual conference on April 13-14. This live discussion will launch the conference at 11:30 a.m. ET. View the BA Ignite agenda. Carbonara leads venture investing for Citibank’s Citi Ventures, […].
TheGuardian
APRIL 7, 2021
Banks among firms seeing benefit of lockdown ‘flexibility’ and organising permanent switch away from offices HSBC and JP Morgan are to have thousands of employees working permanently from home , in the latest sign that some of the changes wrought by coronavirus could outlast the pandemic. Jamie Dimon, JP Morgan’s chief executive, said 10% of the US investment bank’s 255,000 employees may work from home full-time.
BankInovation
APRIL 7, 2021
“There simply is no speed fast enough,” to train JPMorgan employees how to use machine learning, Jamie Dimon, chief executive of the $2.6 trillion JPMorgan Chase bank, noted in his annual letter to shareholders released today. Expressing a bullish outlook for the future of the U.S. economy, Dimon’s letter noted that the government’s response to […].
The Paypers
APRIL 7, 2021
Contactless payments and customer engagement solutions company Everyware has announced becoming a Technology Partner of Cybersource and Authorize.net , both Visa Solutions.
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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.
BankInovation
APRIL 7, 2021
IBM today announced that its Cloud for Financial Services, now supports Red Hat’s OpenShift, an open-source application container platform that helps businesses manage their workloads in a hybrid cloud set up. Hybrid clouds use a combination of private and public cloud infrastructure to store data. IBM’s dedicated financial services cloud was initially launched in 2019, […].
TheGuardian
APRIL 7, 2021
Rolling coverage of the latest economic and financial news as Covid recovery hopes lift markets 8.32am BST Germany’s DAX has hit a fresh record high of 15,235 points at the start of trading, and the blue chip index is continuing to climb: 8.07am BST It’s a lacklustre start across Europe, but stocks are broadly edging higher: 8.05am BST BREAKING: Climate activists have been arrested in London after windows were broken at the Barclays headquarters in Canary Wharf, according to Reuters.
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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.
The Paypers
APRIL 7, 2021
Finastra has announced that US-based Unity One Credit Union has gone live on Finastra’s Fusion Digital Banking, according to the official press release.
Lars Markull
APRIL 7, 2021
In the past weeks, I’ve had numerous discussions with startup founders about open banking providers in Europe. All of them were looking for a provider but due to the increasing number of players, they were facing troubles finding the ideal Open Banking provider for their use case. And the last 12-18 months have been hectic in the space: Large funding rounds, new product offerings, expansions, partnerships and so on.
The Paypers
APRIL 7, 2021
Afterpay has announced the launch of a live shopping event to help consumers build a more mindful and eco-friendly wardrobe.
Qudos Bank
APRIL 7, 2021
Limited travel opportunities, a huge uptick in savings 1 and more time spent at home over the last 12 months has meant that an increasing number of people are currently looking at remodelling, or even rebuilding, their home. Undertaking major renovations can be challenging and complicated, but the finance to enable it doesn’t need to be. Construction loans are designed to make financing a build or major renovation as straightforward and stress-free as possible.
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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.
The Paypers
APRIL 7, 2021
Embedded insurance company Trov has expanded its presence in the UK market, enabling brands to offer digital insurance products to their customers and tap additional revenue streams, says the official press release.
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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.
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