PYMNTS

JANUARY 27, 2021

The National Restaurant Association , the country’s (and world’s) foodservice trade association, released its annual State of the Restaurant Industry report on Tuesday (Jan. 26) compiling and analyzing data elicited from 6,000 restaurant operators and 1,000 adult consumers. The report looks at sales expectations for the coming year, operational changes in the industry, consumer behavior, menu trends, employment statistics and more.

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Perficient

JANUARY 28, 2021

This article was co-written by Iman Watson, senior solutions architect, and Kailey Hughes, lead development representative. As we mostly are working remotely these days, securing your space when you’re not in the safeguards of the office walls are critical. Perficient places a high value on data security and has several processes and tools in place to protect colleague and client information, but what about the everyday person?

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Payments Dive

JANUARY 26, 2021

Scott Tomkins serves as the Senior Vice President of Global Revenue for Digital Turbine. With over 20 years’ experience in the mobile app ecosystem, Scott has influenced mobile-first strategies for hundreds of top mobile properties. He shares his thoughts on how mobile app publishers can learn from mobile games.

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Accenture

JANUARY 27, 2021

The global adoption of ISO 20022 is the most far-reaching and widely underestimated development in payments today. It’s not shocking that the transition hasn’t attracted the attention it merits. ISO 20022 is complicated and can seem downright mysterious even to payments specialists. The new standard has also been a long time coming. Some financial institutions….

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Payments 341

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

PYMNTS

JANUARY 26, 2021

Last week, the U.K. marked its third anniversary of adopting its open banking framework, making it the leading market to drive the concept of unlocking customers’ bank account data for integration with third-party solution providers. Over the last three years, the open banking model has continued to proliferate in markets around the world — even in jurisdictions, like the U.S., where there is no open banking regulatory mandate.

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blockchain Data Fintech Tools 355

Payments Dive

JANUARY 29, 2021

Geeman Yip is the founder and CEO of BitTitan, a SaaS-based cloud enablement provider that helps IT service providers and businesses assess, deploy and manage technology solutions in a rapidly changing cloud world. He shares his thoughts on how IT plays a pivotal role in the success of mergers and acquisitions in the payments industry.

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Industry Management Technology Payments 370

Accenture

JANUARY 25, 2021

What are the best indicators of someone’s potential at work? If you said education, tenure, job level, industry, geography or company size, you’d be partly right. Our research found that these factors account for 9 percent of someone’s work potential. Nine percent is good. But what if you could do better—drastically better? Well, you can.…. The post How can high human care boost your bank’s performance?

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PYMNTS

JANUARY 25, 2021

In the world of business, where the quest for profits, sales growth and the next big thing is never ending, here’s something you don’t hear every day. “I will die of old age before we've even cracked a fraction of this demand.” . That’s the market summary Outdoorsy Co-founder and CEO Jeff Cavins gave to PYMNTS' Karen Webster on the status of his RV rental platform, which’s about to cross the billion-dollar bookings milestone in only its fifth year in business.

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Perficient

JANUARY 29, 2021

Perficient is happy to announce that it has joined the Looker Partner Ecosystem. By becoming a Looker partner, our business intelligence practice will be strengthened, giving us more tools to help our customers unlock the real power of their data. Our alignment will help enable customers to transcend traditional business intelligence by seamlessly integrating data experiences into the way people already work – helping them explore, analyze and share real-time business analytics easily.

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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

Lending

Payments Source

JANUARY 25, 2021

Biometric authentication has always been a challenging subject with consumers, who are accustomed to using the technology to unlock their phones but are still wary about how much personal information they share with retailers and card issuers.

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Cards Payments Retail Technology 215

Accenture

JANUARY 25, 2021

There is no excerpt because this is a protected post. The post Protected: Challenges and Opportunities in Banks’ Cloud Migration appeared first on Accenture Banking Blog.

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PYMNTS

JANUARY 25, 2021

The Reserve Bank of India (RBI) is exploring making a digital currency, a reversal of its prior position, according to a report from Cointelegraph. A booklet on payments released by the RBI Monday (Jan. 25), said the bank is “exploring the possibility as to whether there is a need for a digital version of fiat currency,” the report stated, adding that it would put one into use if necessary.

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cryptocurrency Regulation Report Payments 318

Perficient

JANUARY 27, 2021

Imagine you are an Amazon Connect administrator. You’ve been working on a project to deploy over 20 new contact flows that use more than 50 prompts (media that can be used to playback audio to customers or agents in contact flows, such as hold music or greetings) for your Amazon Connect instance. After a long week of work, you head home for the weekend. .

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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

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Bobsguide

JANUARY 26, 2021

Unreliable payment rails still pose a challenge for third party providers, according to Luke Massie, CEO of VibePay. Problems with the technical infrastructure of open banking is experienced “most weeks”, says Massie. The instability of the APIs creates friction, impacting.

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Payments 209

Payments Source

JANUARY 24, 2021

U.S. banks and payment companies are looking to Europe's example to see how open banking can push the market beyond its reliance on credit and debit cards.

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PYMNTS

JANUARY 28, 2021

By the numbers, convenience stores are America’s gas stations. They account for 63.7 percent of all gasoline sold in the country, and 80 percent of them combine the food staples they’re well known for with the pumps for the business they’ve come to dominate. But the simplicity ends there. For convenience store chains and independents, fuel is a razor-thin business.

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Perficient

JANUARY 26, 2021

Quantum computing is one of the hottest technologies in the world right now, but it also considered an extremely complicated field because the quantum concepts involved aren’t easy to understand. To make it simple for folks interested in learning about quantum computing, I will be writing a series of blogs to give a holistic understanding of what the quantum industry is and what the technologies mean.

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System Technology Data United States 505

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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.

Lending

Jack Henry

JANUARY 25, 2021

Check fraud loss is much like an iceberg. While we see the tip of the iceberg, which is the immediate loss from check fraud, what lies beneath the surface can be more costly than the check fraud loss itself. It is estimated that for every $1 of check fraud loss an institution experiences, it spends $2.90 handling the repercussions of the fraudulent item.

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Fraud 158

Payments Source

JANUARY 27, 2021

The application process was a mess in the first rounds of the Paycheck Protection Program. Fintechs say their efforts will make it go smoothly in the latest iteration.

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Fintech 160

PYMNTS

JANUARY 25, 2021

Mastercard has applied new quantum-resistant technologies in order to develop a new kind of contactless payment, according to a press release emailed to PYMNTS. The new Enhanced Contactless (Ecos) specifications will come along with the demand for more efficient, safer products overall, the release stated. Contactless payments are “future-proofed” in that they will let consumers access the security and convenience for long into the future, according to the release.

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Perficient

JANUARY 29, 2021

The Assumptions We Make About Disability. What comes to mind when you’re thinking about what it means for a person to be disabled? Are they deaf? Is their mobility compromised in some way? What about their vision? It’s important to remember that senses and abilities like these aren’t only reserved for those with permanent disabilities.

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Video UX Examples Mobile 493

Advertiser: Data Robot

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.

Marketing

SWBC's LenderHub

JANUARY 25, 2021

Last Week: Another strong week for equities as new all-time highs were set yet again for the S&P and NASDAQ. President Biden’s inauguration went off without a hitch and some confidence rose that the new administration will attack the virus with a more coordinated federal effort and aggressively push the $1.9 trillion stimulus-relief package.

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Payments Source

JANUARY 29, 2021

City National Bank is working with the fintech startup Extend to further boost contactless payments at the point of sale for business employees through the launch of a virtual Visa commercial credit card.

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PYMNTS

JANUARY 26, 2021

Given that the World Economic Forum has been relegated by the pandemic to a week-long digital discussion, how fitting is it that a conference of executives, elected leaders and academic experts that would normally be gathering in the snowy Swiss mountain town this week be told that the Golden Age of remote work is upon us and that there’s no turning back?

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Perficient

JANUARY 28, 2021

Ecommerce sales have consistently seen growth in the last few years. This has been especially true during this past year of unprecedented times. Businesses had to quickly adapt to enabling online stores and driving more sales online. The assessment is that the pandemic accelerated the ecommerce growth in the US by nearly 2 years. This has certainly been the trend across the globe as well.

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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.

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