Sat.Feb 27, 2021 - Fri.Mar 05, 2021

article thumbnail

Seizing the $300 Billion Opportunity in Payments

Accenture

Many banks today are not seeing the returns on their investments in payments modernisation they hoped for. This is often due to a reactive, compliance-driven, piecemeal approach that makes it harder to adopt new capabilities.

Payments 438
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

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Customer Service Mistakes Impacting Your Account Holders’ Experience

SWBC's LenderHub

As we all know, providing exceptional customer service is key to running a successful company, but is your financial institution doing everything it can to ensure your valued customers are getting the type of service they want and need?

Company 148
article thumbnail

How to Get Started With a Power Platform COE

Perficient

The following is the fifth and final in a series of blogs about how a center of excellence can help you unlock the potential of your people and Power Platform. Throughout this series, we have explained how Power Platform enables your makers and why and how a COE enables these makers. Now all you need to know is how to get started with your Power Platform COE.

How To 553
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

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

More Trending

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

Applying Power Platform to the Healthcare Industry

Perficient

The purpose of this miniseries is to build an app for healthcare providers to be able to view a patient’s lab results and immediately see a list of next steps or directions for patient care. To do this, we will build a Power App that takes in the patient’s name and displays that patient’s lab results and a checklist of directions for the provider to follow.

Industry 547
article thumbnail

Accelerating digital transformation: value in a platform-based approach

Bobsguide

Over the last 12 months we’ve seen one of the biggest shifts in decades in financial technology – with banks accelerating the transition of their operations to the cloud. The benefits are clear: a cloud-based approach provides easy access to innovation, helps banks.

article thumbnail

Commercial Credit Analysis 101: Back to Basics

Abrigo

The basics of commercial credit analysis Learn the foundations of credit analysis, including key data analysis strategies and best practices. . For more information on the basics of credit analysis, check out this webinar: WATCH NOW. Takeaway 1 Understanding credit risk and assigning risk to loans is the foundation of credit analysis. . Takeaway 2 To determine creditworthiness, most analysts rely on the 5 Cs of Credit.

Analysis 195
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

Klarna valued at $31 billion after U.S. growth stoked investors

Payments Source

Klarna Bank said it raised $1 billion at a valuation of $31 billion, triple the price investors gave the Swedish payments firm during its last funding round, following rapid growth in its U.S. business.

Payments 160
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

Are software vendors about to become Netflix-like? Well, sort of

Bobsguide

These days, there are three main software delivery models on the market: out the box, off-premises, and on-premises. In the out of the box delivery model, the user buys a disk containing a software distribution kit and installs it. Simple as it may seem, the main disadvantages of the model.

Software 157
article thumbnail

BNY Mellon Enters Digital Assets Arena as Interest Grows

Banking Exchange

Development comes amid controversy over new digital banking licenses Technology Financial Trends Feature3 Feature Fintech Blockchain.

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

Amex adds wireless phone insurance to top-tier rewards

Payments Source

As wireless handset costs rise, American Express is throwing in insurance coverage for phone repair or replacement on top-tier rewards cards as another way to get upscale travel-and-entertainment customers to stick around as the pandemic drags on.

Cards 160
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

Fintechs praise Kalifa Review but await government response

Bobsguide

Reaction to the long-awaited Kalifa Review of UK Fintech by the fintech community has been broadly positive. But the industry’s attention now turns to the UK government and how it will implement the raft of recommendations made in the report. Published on February 26, on the eve of the.

Fintech 135
article thumbnail

Negotiating nationalisation

BankUnderground

Austen Saunders. 1 March 2021 was the 75th anniversary of the Bank of England’s nationalisation. While its stock formerly passed into public ownership in 1946, Lord Catto (the Governor) and Hugh Dalton (the Chancellor of the Exchequer) had negotiated the terms of the Bank’s nationalisation the summer before. During these negotiations Catto lobbied for the Bank not to be given more powers to regulate banks.

Policies 124
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.

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

Perficient’s Bright Paths Program Welcomes 25 Women to Tech in Detroit

Perficient

Perficient is proud to help #ChangeTheRatio in Detroit. Today, Perficient colleagues are excited to welcome 25 new women to the tech industry as the first Perficient Bright Paths training program kicks off at an online pop-up campus in Detroit! The Perficient-sponsored Hackbright Academy offers 25 women a fully-paid, customized coding bootcamp over the next ten weeks.

Detroit 520
article thumbnail

Tokenization: Embracing the great unifier

ATM Marketplace

Consumers expect their personal payment data will be protected when shopping online. For many companies that requires tokenization: using an algorithmically generated number called a token. Andre Machicao, SVP, Global Head of Product, Cybersource, shares his insight on tokenization and how it can help consumers and online businesses.

Online 115
article thumbnail

Budget 2021: Fintech omission disappoints

Bobsguide

Hopes of detailed spending plans for fintech were dashed when Chancellor Rishi Sunak failed to specifically mention the sector in his Budget speech on March 3. Luke Hamm, CEO of R&D tax specialists GovGrant said in a statement that the government had “fallen short” of.

Fintech 88
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

Can we finally kill the password?

Payments Source

David Heun, associate editor of PaymentsSource, talks to Phillip Dunkelberger, president and CEO of Nok Nok Labs, about the latest developments in data security. Nok Nok is a founding member of the Faster Identity Online alliance, or FIDO.

Security 154
article thumbnail

Hip On HIPAA: The Secret Sauce to Successful Marketing Campaigns

Perficient

Over the years, I’ve sat through (or participated in) countless digital platform/CRM presentations. I’m hard-pressed to think of one presentation that didn’t include the phrase “the right message, to the right person, at the right time.” We can all agree that the most impactful messages need to come at the right time. The challenge is really understanding when the right time is.

Marketing 508
article thumbnail

Payday: Helping gig and contract workers get paid

ATM Marketplace

The pandemic changed many full-time positions into contract positions or 'gig work.' Many companies needed help to navigate how to streamline payment for contract workers. Craig J. Lewis, founder and CEO of Gig Wage, a fintech payroll platform, helps companies navigate in this new 'gig economy.

Fintech 98
article thumbnail

Top News Updates in Personal Finance | Feb’21 – Week 4

BankBazaar

Here’s a roundup of the latest news updates in the past week from Gold Loan rates to income tax returns ?. . ?. – Rs.1.91 lakh crore issued as I-T refunds between 1 April 2020 and 8 February 2021. – Karur Vyasa Bank records a Q3 profit of 133% at Rs.35 crore. – Petrol and diesel prices recorded an all-time high. – Punjab and Sind Bank, and Bank of India offering lowest rates of gold loans. – Bank of Baroda offers 100 bps for senior citizens under the Senior Citizens

Taxes 88
article thumbnail

Addressing Top Enterprise Challenges in Generative AI with DataRobot

The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.