Sat.Feb 06, 2021 - Fri.Feb 12, 2021

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Improving Your Bank's Digital Experience

ATM Marketplace

Rick Jaros, a principal with Spinnaker Consulting Group, has experience in digital integration, business strategy and change management. For the past 20 years he has worked as an executive with some of the largest banks in the U.S. Rick shares his insight with ATM Marketplace on how financial institutions can digitally expand its business model

ATM 147
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How Can HR Boost Your Bank’s Performance?

Accenture

Even before the COVID-19 pandemic, the nature of work was changing. Automation and AI were forcing organizations to consider how they would address a growing skills gap; people wanted to work for organizations that operate and lead responsibly; and flexibility was increasingly a tool for recruiting and retaining workers.

Tools 376
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Big Banks, Big Tech Face Off Over Swipe Fees

American Banker

A showdown between megabanks such as JPMorgan Chase and the likes of Apple and PayPal could be the prelude to a broader fight. Fintech PayPal Debit cards Interchange fees JPMorgan Chase Apple Google

Apple 101
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How Managed Services Can Take You to the Cloud

Perficient

You need to modernize a legacy application. You’ve looked at it from every angle you can and there’s no way around it. New features are very difficult to deploy, patching is near impossible and is leading to downtime, and security and compliance standards are becoming harder and harder to meet. You need to modernize your application and move it to the cloud.

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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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Online Shopping Trends: Mobile Payments Are Mighty

Payments Dive

The holiday online shopping trend jumped from over 13% in 2019, to nearly 20% in 2020, according to Mastercard. Jordan Reynolds leads the e-Commerce and Marketplace verticals at Ekata. He shares data and insight on how 2020 may have changed shopping forever

Trends 470

More Trending

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Countdown to CECL: A Timeline for Community Banks

Abrigo

Preparing for 2023 While community banks have until 2023 until they must comply with CECL, there is likely less time than expected. . 2023 CECL Deadline? Steps to Take This Year WATCH Webinar. Takeaway 1 "Analysis paralysis" and the pandemic have put CECL on the backburner for many CFIs. Takeaway 2 CFIs getting started with CECL should consider possible partnerships and assess their data.

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How Amazon will Likely Influence Your B2B Marketplace Strategy

Perficient

Amazon is one of the largest marketplaces that we as consumers have ever seen. With that, Amazon has primarily focused on a direct to consumer structure and caters more to end-user customers vs. the traditional B2B channel; that is, until a few years ago when the ecommerce titan really put some weight behind its B2B strategy– and boy has it made some waves.

Strategy 539
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Examining ingredients of a successful mobile payments solution

Payments Dive

With a robust and secure mobile payment solution, consumers are more likely to get on board and embrace mobile payment technology.

Mobile 397
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Four balancing acts that will unlock commercial banks’ SME business

Accenture

The small-to-medium enterprise (SME) market is broad and often needs hand-holding, making it a difficult market for banks to serve profitably. COVID-19 complicates this reality, as SMEs need banks more than ever. To help, we published a research report called Bank of the Profitable SME Base that outlines strategies for banks that are looking to…. The post Four balancing acts that will unlock commercial banks’ SME business appeared first on Accenture Banking Blog.

Strategy 244
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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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First Draw PPP Loan Increases: 5 Borrowers Who May Be Eligible

Abrigo

Qualifying for PPP Loan Increases Only certain borrowers may apply for more money tied to an earlier PPP loan. Beyond PPP: Use the momentum to grow your institution read the whitepaper. Takeaway 1 The PPP this round has more options for borrowers to request an increase. Takeaway 2 Borrowers who returned or repaid part of a loan or who did not accept the full amount may be eligible.

Lending 195
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Introducing Microsoft Viva, a new Employee Experience Platform

Perficient

Microsoft recently made a massive announcement about their new Employee Experience Platform (EXP), Microsoft Viva. This is Microsoft’s first experience platform that empowers you and your colleagues to feel connected, supported, and able to put your best foot forward at work. In today’s blog, we’ll discuss what Viva is, its different components, and when you can start using it!

Study 531
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The new case for 3-D Secure

Payments Source

Michael Moeser, Senior Analyst at PaymentsSource, talks to Kevin Weller, a senior director in the security and products group at Visa; and Jaime Howard, head of product and marketing at Cardinal Commerce; about the growing role of 3-D Secure 2.0, also known as EMV 3DS.

Security 153
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Data-lite: How technology can fix green finance’s biggest challenge

Accenture

This series of blogs looks at the opportunities and challenges associated with green finance in Southeast Asia, and draws on a recent position paper “Green Finance in Singapore and ASEAN: Opportunities and Challenges” by EuroCham Singapore and Accenture. A lack of good-quality data on companies’ environmental profiles is hindering the uptake of green finance.

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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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How Diversified Revenue Streams Impact Ag Borrowers

Abrigo

Diversifying revenue streams With the recent impacts of COVID-19, ag and financial partners alike are turning their attention to diversified income streams for financial stability. You might also like this webinar, How the 2021 Roadmap for Producers will Influence Ag Lending. WATCH . Takeaway 1 To make their land more profitable, farmers are taking advantage of renewable energy resources.

Lending 195
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The Importance of PIM for your B2B Marketplace Strategy

Perficient

PIM, as most of you readers might know, stands for product information management system. It is not just an application, but also an enabler of a perfect opportunity to connect the dots between people, process, and technology within a commerce business. Years ago, we published a piece that highlighted how PIM is a backbone for Ecommerce , which not only applies to just B2C commerce but also very extensively to B2B commerce.

Strategy 508
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Financial Crimes Predictions for 2021

Jack Henry

The time has come to close the year we will never forget and look forward to what 2021 will bring us. But before we turn the page, I’d like to say as I look back at 2020, I will not only remember the bad times, like the pandemic, but will also look at the bright side, like the family time I was able to spend with the ones I love. Human nature is such that we tend to concentrate on the bad and dismiss the positives, as if good times are supposed to be constants.

US 152
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Acting Director Uejio asks for report highlighting companies with poor track record in responding to consumer complaints

CFPB Monitor

Again demonstrating that he does not intend to merely be a caretaker for the CFPB’s next Director, Acting Director Uejio has publicly shared his statement to the Bureau’s Division of Consumer Education and External Affairs (CEEA) in which he directs Consumer Response to prepare a report highlighting the companies with a poor track record in responding to consumer complaints.

Company 148
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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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Money Lies That You Often Tell Yourself

BankBazaar

When it comes to money matters, most of us usually end up fooling ourselves. Here are some of the common money lies we keep telling ourselves and some simple solutions to overcome them. When it comes to money matters, most of us usually end up fooling ourselves. For instance, there are quite a few of us who barely save any money and the lie we tell ourselves is that we don’t have enough to set aside.

Cards 148
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AI is Powering its Way to PIM

Perficient

Artificial intelligence (AI) has quickly become one of the industry’s biggest buzzwords, and many businesses are looking to utilize this technology to provide enhanced digital experiences. AI is programmed intelligent software or hardware that can learn and solve problems and has forecasted growth of 54% this year in the software market worldwide.

Software 508
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Market Commentary: Week of February 8, 2021

SWBC's LenderHub

GameStop mania retreated last week and major stock indices roared back to life, setting new all-time highs. The plunge, in what is referred to as “meme” stocks like AMC, GME, and KOSS, and the sharp reversals in household name stocks—especially big-tech stocks—highlighted the dynamic of how many liquid and relevant names were liquidated the prior week to raise cash for short-seller redemptions.

Marketing 148
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Visa, Stripe give Canadian food-delivery drivers instant payout options

Payments Source

Instant payouts for gig workers have been gaining traction globally for the last five years, but Canada lacked many options until COVID-19 struck.

Payments 160
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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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Bank consultants question incumbentsâ?? move into digital space

Bobsguide

JPMorgan Chase recently announced it will offer UK consumers “a completely new banking choice” with the launch of its new digital challenger later this year, but consultants are warning that those looking into the market must be clear on the path they are taking. “I’m.

Marketing 142
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Why Omnichannel Delivery is here for the Long Run

Perficient

Omnichannel fulfillment methods such as curbside, buy-online, pick-up in-store (BOPIS), and ship-from-store have become extremely familiar to retailers, especially due to the climate of the COVID-19 pandemic. These methods are very resourceful and beneficial when utilized correctly and tailored specifically to each business. Understanding the technology systems the enable these fulfillment methods are important for successfully driving positive, enhanced customer experiences, and retailers need

Retail 506
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Show Me the Money: Banks and Credit Unions Need to Establish a Chief Revenue Officer Position

Gonzobanker

FIs’ renewed focus on revenue generation, vendor relationships and new product development is great – but someone needs to be leading it. There’s a saying that “some things never change,” and when it comes to mid-size banks’ and credit unions’ technology priorities, there’s some truth there. “Improving the customer experience” has been financial institutions’ (FIs) top tech priority for the past three years with roughly three-quarters of institutions citing it as a top priority.

Lending 128
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Fiserv credits Clover devices for pandemic earnings

Payments Source

Fiserv's digital offerings proved to be vital in the fourth-quarter of 2020, while its client base continued to struggle through the global pandemic.

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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.