PYMNTS

JULY 1, 2020

Is it surprising to know that 55 percent of legacy financial institutions (FIs) report lacking maturity in core systems? Or that, on average, 15 percent of an FI’s annual operating costs go toward maintaining core banking systems that are outmoded? It’s true, but not for long. AI Poised for a “Profound Impact”.

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System Digital Banking Tools User Experience 268

Bobsguide

MAY 11, 2022

ERI is proud to announce that its digital front-to-back technology platform – the OLYMPIC Banking System – has been awarded Best Operational Efficiency Solution at the Asian Private Banker-7th Technology Awards.

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Operations Technology Regional Financial Technology 106

South State Correspondent

MAY 22, 2024

A final source of insight comes from Kastle Systems, a building access control platform. Because of strong corporate earnings and substantial employment, the office market is getting a reprieve from a full-fledged downturn. This fact is a positive for banks since this is the bulk of their lending.

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PYMNTS

MAY 19, 2020

Payment collections software company Ontario Systems has acquired SwervePay to help bolster its electronic payment capabilities, according to a press release. Ontario Systems aims to sell RevQ+ software on the market, which works with managing the collection of fees for court-ordered debt payment, income taxes and property tax.

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System Payments Taxes Software 239

PYMNTS

FEBRUARY 1, 2021

Centered around breaking down silos, IoT technology not only encourages the digitization of everyday items like kitchen appliances and shipping containers, but also collects data from those products, centralizes that information, and introduces new opportunities for automation and analysis. A Decade Of Disparate Technology.

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System Fintech Data Strategy 207

BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. But they are only one part of operational risk, which includes losses from any kind of business disruption or human error, including power outages or natural disasters.

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Operations Policies System Regulation 95

Perficient

JANUARY 5, 2021

The expanded executive leadership team will drive continued growth and operational excellence across Perficient while delivering superior solutions for clients. “As I’m proud to lead this team of talented technology professionals. ” Vishal Rajpal, AVP of API and cloud platform solutions.

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PYMNTS

NOVEMBER 18, 2020

Artificial intelligence (AI) is transforming the food service sector by helping restaurants boost their sales as well as improve and automate systems that were once managed by staff. The health crisis has forced some eateries to close entirely, while others must operate at reduced capacities depending on state and local restrictions.

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Boston Fraud Marketing Mobile 186

Abrigo

JUNE 9, 2020

Technology has enabled financial institutions to operate more quickly and efficiently, creating a better experience for customers. The partnership between the Sageworks Loan Origination System (LOS) and Fusion LaserPro is the first in the market. Generate defensible loan documentation more efficiently. Learn more.

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PYMNTS

NOVEMBER 16, 2020

The European Central Bank (ECB) has plans to independently investigate an incident that affected its TARGET2 real-time gross settlement system on Oct. It is owned and operated by the Eurosystem and allows bank submissions from central banks and commercial banks.

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PYMNTS

JULY 19, 2019

Online payment system Jollypay has received a license to operate in the United Arab Emirates (UAE), and it’s one of the first foreign companies to do so, according to a release. . In other UAE-related news, the First Abu Dhabi Bank recently rolled out a payroll card solution for the market via its Mercury payment operator unit.

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Perficient

FEBRUARY 29, 2024

Driven by technological advancements, regulatory changes, and shifting consumer preferences, the banking industry must evolve and respond accordingly. Going forward, banks should: Implement AI-driven systems to streamline credit decision processes, reducing decision times, and enabling faster responses to loan applications.

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PYMNTS

JANUARY 22, 2020

Three words are driving dramatic technological changes in the fast food space: quality, convenience and speed. Restaurant operators are doing their best to satisfy those demands, spending billions on sophisticated, innovative solutions that improve experiences for customers who are dining in or ordering delivery or pickup. million U.S.

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Technology Operations System Cards 146

PYMNTS

OCTOBER 28, 2020

"What I enjoy most is helping our customers thrive in this rapidly changing world and helping them realize their vision in a way that simplifies the adoption of new technology — capabilities that can unleash their innovation in the digital economy," said Craig Muzilla, senior vice president of Red Hat. A Permanent Shift for Payments.

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PYMNTS

SEPTEMBER 2, 2020

The quick-service restaurants (QSRs) that remain are facing a fiercely competitive market as they attempt to cater to consumers whose preferences have changed significantly since the pandemic’s onset. Taking such steps can enable QSRs to streamline their operations and lead to significant sales gains, he noted.

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BankInovation

SEPTEMBER 21, 2021

trillion Wells Fargo has selected banking software provider nCino’s technology platform to streamline loan origination, account opening, business process management, customer engagement and instant reporting. households and more than 10% of all middle-market companies and small businesses in the United States.

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PYMNTS

OCTOBER 21, 2020

Volante Technologies, which works in cloud payment processing and messaging, has landed a big new client, Grupo Financiero Banorte. In particular, VolPay is a “cloud-native” and “API-ready” system that provides “end-to-end processing of domestic and international payments,” according to Volante.

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System Payments Digital Strategies Capital 140

Bobsguide

JULY 28, 2022

New York, 27 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, has appointed Thomas Bodenski as COO as the firm expands its executive team to support its rapid growth. Thomas will be integral to building on TS Imagine’s significant momentum and further develop our offerings.”.

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Operations New York Analytics Software 88

PYMNTS

MAY 2, 2017

Mastercard today announced the appointment of CIO Ed McLaughlin to president, Operations and Technology. Everyone likes to talk about the T in operations and technology,” McLaughlin said. That’s how it lives every day, everywhere — the consumer experience is the operation.”. And likewise, knowing when to hold back.

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Operations Technology Examples Mobile 109

PYMNTS

MARCH 18, 2019

Gill asserts that most financial institutions, left to their own devices, may end up following a less than optimal path to innovation, and not because they have selected the “wrong” technology solution, since in Gill’s experience, what’s “wrong” for one FI might be right for another. Technology spend gets mistaken for branch transformation.”.

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Technology Innovation Strategy System 237

PYMNTS

MARCH 5, 2019

The Mexican central bank and Amazon are in talks to introduce a government-approved mobile payment system, according to reports. The system would involve users paying for online purchases using QR codes, and it would be the first time Amazon offered the technology in the country.

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System Mobile Report Payments 173

PYMNTS

NOVEMBER 23, 2020

Banks, merchants, issuers, processors — they’re all locked in combat with shadowy fraudsters that gain system access via phishing emails as easily as mice sneak into old houses. While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them.

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PYMNTS

MAY 29, 2018

software company Verint Systems, Inc. is looking to buy NSO Group, an Israeli company that sells military-grade technology, for around $1 billion. Verint — b ased in Melville, NY — trades on the Nasdaq Stock Market with a market value of around $2.8 Spokeswomen for all three companies declined to comment on the report.

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Groups System San Francisco Software 164

Bobsguide

MARCH 14, 2022

Profile Software , the leading financial solutions provider, announced today the selection of Axia by Cirdan Capital, a financial technology company in the UK founded in 2014, that specialises in the issuance of structured investment products, to complete the proprietary technology of its platform.

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PYMNTS

MARCH 11, 2019

In the age of digital payments, mobile point of sale systems (POS) are making inroads with the promise of time-saving conveniences for merchants. These systems can provide restaurants with the ability to check their inventories or update their menus, for example. The global POS terminal market’s expected value by 2023 is $109.5B.

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PYMNTS

APRIL 29, 2020

As he told Webster, “in many mature markets, the responses of most of these institutions have been fast and consistent, with business continuity plans established under the supervision of regulators.”. He added that “some players who were already advanced in their technology journeys are able to use cloud resources to scale quickly.

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PYMNTS

FEBRUARY 27, 2019

These market conditions may not seem ripe for FinTech innovation, but where there are challenges, there are opportunities. Michael Sassoon, CEO of banking and technology firm Sasfin , recently told PYMNTS about some of the country’s biggest hurdles in small business FinServ — and what technology innovators hope to do about them.

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Technology Industry Innovation Big Data 190

Perficient

JULY 19, 2023

In today’s rapidly evolving technological landscape, artificial intelligence (AI) has emerged as a game-changer for various industries. By harnessing the power of AI, regional insurance carriers can streamline their operations, enhance customer experience, and make more informed decisions.

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PYMNTS

JANUARY 10, 2019

Toshiba Global Commerce Solutions has announced that it will be integrating its TCx 300 point-of-sale (POS) systems at all of the Massachusetts locations for grocery store chain Roche Bros. We are excited with the selection of Toshiba as our provider of retail technology,” Roche Bros. Family-owned and Massachusetts-based Roche Bros.

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PYMNTS

JUNE 27, 2019

Such locations can be critical in expanding retail options for smaller cities and towns, too, and staff-free grocery store Farmhouse Market seeks to do just that for consumers in New Prague, Minnesota. The pair ultimately designed a concept that could operate without any on-site staff to solve this quandary. “We

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PYMNTS

OCTOBER 8, 2020

That’s been driving suppliers online too to look for solutions that would help them become discovered by retailers and give them an efficient ordering system. There are so many technologies that are widely available and affordable in the B2C segment, but they have yet to be adopted in the B2B world.”.

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PYMNTS

NOVEMBER 17, 2020

Many of the biggest points of friction that emerged in the spring could be solved through technology, according to Anne Miller , executive director at Project N95 , a new nonprofit described as the "National Critical Equipment Clearinghouse.". According to Miller, there are three categories of buyers in the PPE market. once again.

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Gonzobanker

MARCH 6, 2020

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

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PYMNTS

SEPTEMBER 22, 2020

There was, indeed, hesitancy at metals supplier Ritchey Metals , which recently announced that it is implementing enterprise resource planning (ERP) technology from Sage. We probably had 12 to 15 systems we were using.". The proprietary system that the company had built years prior was no longer fit for purpose.

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System Resources Data Management 166

Independent Banker

FEBRUARY 28, 2022

Kathy Strasser of IncredibleBank is evaluating marketing campaign management platforms. We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Their ability to market and add banking functionality … is a natural fit.”.

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Bobsguide

AUGUST 1, 2022

(NYSE:BR), announced a global partnership with Blue Ocean Technologies (BOT), a unique capital markets Fintech focused on global afterhours trading. Blue Ocean ATS (BOATS) will integrate with Broadridge’s NYFIX order-routing network to offer clients untapped, after-market access to US equities.

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Technology Regional America Fintech 88

Gonzobanker

APRIL 25, 2024

“It’s time we embark on a journey to modernize and invest in a powerful customer relationship management system!” Hoodwink, a suave sales professional from the Big City who convinced them that the bank’s current core system lacked a 360-degree view of the customer and what they desperately needed was his OopsieDaisy CRM solution.

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System Training Community Bank Management 134