Sat.Feb 20, 2021 - Fri.Feb 26, 2021

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Hone Your Edge: Why Digital Fluency is Key to Banking Performance

Accenture

Which musical artist has had the longest-running streak at the top of the Billboard Hot 100 list? If you guessed The Beatles, Madonna or Prince, guess again. The answer: Lil Nas X. The singer-rapper holds the record with “Old Town Road.” If you’ve heard the song, you’ll curse me for getting it stuck in your….

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Are We Reflating Yet?

SWBC's LenderHub

You can almost hear the nervous laughter reverberating across financial markets with the jump in yields on the longer end of the yield curve. Since the end of January, yields on the 10-year Treasury note have jumped over 25 basis points, blasting through the 1% barrier.

Marketing 139
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[Podcast] The Plumbing Behind Your Analytics

Perficient

Business intelligence technologies are shaping analytics decision making across multiple industries. Hear how BI trends and best practices are the driving forces behind those decisions. In season 1 episode #4 of the Intelligent Data Podcast , host Arvind Murali and his guest Abhisek Majumdar, Perficient’s Business Intelligence practice director, discuss how to use data storytelling as a solution for a digital transformations.

Analytics 528
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E-wallets guide for current and future trends

Payments Dive

Although initially viewed mainly as an alternative to a credit or debit card for online or in-store purchases, e-wallets have now expanded out into many different areas ranging from loyalty programs to direct-carrier billing.

Trends 223
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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

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Europeans are skeptical about their banks. Here’s what the data tells us

Accenture

After surveying over 47,000 consumers across the globe, our recently released 2020 Banking Consumer Study surfaces important consumer trends, behaviours and beliefs. As the lead for Strategy and Consulting in Europe, I wanted to narrow the scope of our research to talk specifically about the region. In this post I focus on the theme of…. The post Europeans are skeptical about their banks.

US 352

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[Podcast] Collecting and Connecting Data for Interoperability

Perficient

In the age of Covid-19, the healthcare industry has seen massive, accelerated shifts in digital transformations. This means that the meaning of interoperability now shifts to connected devices, data privacy, and more. With patient records becoming more and more accessible between systems, the organizational focus now lies on standards of regulation vs. standard of sharing.

Data 511
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Why faster payments are critical to the gig economy

Payments Source

More people are joining the gig economy, and a major driver of this trend — particularly for those working multiple gigs — is a need for faster access to cash to meet expenses.

Meeting 172
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Four keys to boosting digital fluency (and bonus: becoming more agile)

Accenture

As I introduced in my previous blog post, digital fluency is essential for banks’ performance in the near-term (to support remote and hybrid working) and long-term (to unlock the full benefit of digital transformation). But what does it look like in practice? We worked with a large European bank to support its pivot to learning…. The post Four keys to boosting digital fluency (and bonus: becoming more agile) appeared first on Accenture Banking Blog.

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Five key agile learnings for businesses during Covid-19

Bobsguide

The last 11 months have passed at a crawl, and yet it is hard to believe that for nearly a year – a whole year – the world has been in the grip of Covid-19, the deadliest pandemic since the 1918 flu. You do not need me to point out that our lives, in all aspects, have been irreparably.

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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

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How Incorporating Motion Design on Websites Improves Overall Business

Perficient

When consumers visit a website, they expect to find the website designed to tell them who the company is and how its products and services can be beneficial to them, and businesses have a greater chance of accomplishing this when incorporating motion into its website design. Motion design can tell a business’ story at a deeper level, evolve the brand, enhance the user journey, and leave a lasting impact on the consumer.

Video 509
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More than half of Square’s revenue now comes from bitcoin trading

Payments Source

The fintech that gave life to the mobile point of sale market is seeing that business overshadowed by the ever-rising popularity of cryptocurrency.

Bitcoin 163
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Take care of your people to take care of your bank

Accenture

Middle market banks have done so much to help their employees during the pandemic. They’ve reskilled branch workers to process PPP loans. They’ve helped call center staff transition to remote work. They’ve supported employee health and well-being. But none of this surprises me. Because taking care of their people isn’t something middle market banks do….

Marketing 221
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Market Commentary: Week of February 22, 2021

SWBC's LenderHub

Last Week: Last week was dominated by the surge in long-term interest rates and a steepening of the yield curve. The 10-year Treasury jumped 13 basis points, while the two-year remained firmly anchored. The sell-off in rates has been orderly, so far, as we have not seen much forced duration selling yet from the mortgage market.

Marketing 136
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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.

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Byte-8: Agile transformation – Building Products

Perficient

Are you in the transformation phase from executing projects to building products ? Yes. Its a cultural shift which involves people, process and technology. It’s a journey, start with small and do a roadshow on how it works or how to make it work ? . In my view, Product Enablement within the organization requires . People’s mindset changes . Clear definition and understanding of the process. .

Training 453
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SEC heat on Ripple gives MoneyGram pause, even as digital channel grows

Payments Source

With the SEC probing Ripple, MoneyGram sidelines its partner to nurture online operations, which hit a milestone by surpassing in-store Walmart remittances in December.

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US Banks Resilient Despite Pandemic

Banking Exchange

Research from the Federal Reserve noted profitability and capital positions improved in H2 2020 Financial Research The Economy Feature Fair Lending Feature3 Risk Management Covid19 PPP.

US 130
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Evolution of fintechs prevents Brexit headaches

Bobsguide

UK-based fintechs have largely been shielded from any negative Brexit side-effects by working with larger financial institutions and evolving their business models, according to Nicki Bisgaard, CEO and founder of fintech payments company EedenBull. There had been fears that Brexit would see the.

Fintech 128
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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.

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[Podcast] Customer Intelligence to Inform and Enhance eCommerce

Perficient

Once you access your data, how do you leverage that data to drive business forward? This episode will outline how to monetize your data and gain the necessary competitive edge. In season 1 episode 7 of the Intelligent Data Podcast , host Arvind Murali and his guest Pawan Gupta , Perficient’s Principal of Commerce and Omnichannel Services, discuss the impact data has on ecommerce, supply chain, and order management as well as key considerations such as data privacy and compliance. ?.

Data 452
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Amex offers restaurants a lifeline via National Trust for Historic Preservation

Payments Source

The organizations are working to deliver $1 million in grants to help some of the most treasured and vulnerable restaurants in the U.S. get through the pandemic.

National 141
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The Creative Superpower: The Impact of High Performing Creative Teams on Business Performance

Jack Henry

“If marketing were a science, we would have figured out the perfect formula by now. The reality is that people make decisions based on emotion. Tapping into that emotion and using it to drive business outcomes is the creative superpower.” – Adam Morgan, Executive Creative Director at Adobe.

Marketing 103
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Real Learning from Virtual Teaching

ABA Community Banking

COVID-19 forced traditional bank financial education classroom presentations online. Tips from financial literacy experts for delivering learning and value through video-conferenced lessons. The post Real Learning from Virtual Teaching appeared first on ABA Banking Journal.

Video 111
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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.

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[Podcast] What If? So What? Episode 4: What if Every Brand Went Direct to Consumer?

Perficient

In a world where retail has changed and consumers remain at home, how do brands reimagine the task of getting products to customers? In Episode 4 of the What If? So What? podcast , we interview Jon Bostock, best-selling author, innovator, co-founder and CEO of Truman’s and learn how brands that innovate will win in a rapidly changing digital-first economy.

Branding 441
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Fintech sector needs Brexit lift, U.K. government warned

Payments Source

The U.K. should overhaul its stock listing rules and visa requirements to help the country’s fast-growing fintech industry compete after Brexit, a government-backed review has found.

Fintech 128
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The State of SBA 7(a) Lending in Fiscal 2021

Jack Henry

Since its origins in the early 1950s, 7(a) lending has been the flagship program of the Small Business Administration (SBA). Given the economic conditions emerging in the wake of the pandemic, 2021 is likely to be a critical year for the program and the businesses it serves.

Lending 103
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NCR Acquires Terafina – So What?

Gonzobanker

Acquisition of digital origination provider Terafina reads like a good add for NCR. The pandemic continues to grow demand for digital self-service capabilities. The banking competitive landscape has intensified with digital challenger banks like Chime and Varo picking up market share in a digital-first environment already favoring megabanks like Chase and BofA.

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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.