Perficient

JANUARY 3, 2024

The COVID-19 pandemic prompted several unprecedented shifts in society, notably impacting the workplace and necessitating the adoption of innovative technologies that facilitate collaboration and efficiency in a work-from-home (WFH) environment. What’s New? Reduction in inspection frequency from annually to every three years.

Compliance 221

Compliance Risk Management Regulation Industry 221

PYMNTS

SEPTEMBER 27, 2019

The latest IoT Tracker delves into new applications for IoT, as well as its limitations, with a focus on supply chains and security. Technological advancements in packaging, processing and storage of seafood products are expected to drive the growth. What About Security? billion by 2025.

Security 193

Security Oregon Survey Industry 193

Gonzobanker

JANUARY 4, 2024

In 2024, Smarter Banks will go on offense and differentiate with the customer experience. In the spirit of New Year’s resolutions, here are three ways “Smarter Banks” will flip the customer experience (CX) script in 2024. #1

Customer Experience 134

Customer Experience Community Knowledge Base Tools 134

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. Takeaway 2 Carefully considering a new customer's industry ensures it is a good fit for your risk appetite and helps better manage your customer relationship.

Analysis 195

Analysis Industry Risk Management Lending 195

Perficient

FEBRUARY 2, 2023

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card. million in 2024.

Industry 471

Industry Trends social media Payments 471

South State Correspondent

JANUARY 25, 2024

What LLMs were in 2023, LAMs will be as big in 2024. Having LLM access also helps manage pre and post-processing prompts by giving LAMs contexts, filtering answers, and cross-checking answers or actions to improve accuracy. In effect, banks will have an additional customer segment. LAMs also will be used internally.

Examples 370

Examples Security User Experience Data 370

PYMNTS

JUNE 9, 2020

FinTech firms and government bodies are responding to the wave of cybercrime by developing new anti-money laundering (AML) and know your customer (KYC) technologies, particularly those leveraging biometric authentication factors. billion by 2024. Around The Digital ID World. About The Tracker.

Online 195

Online Report Compliance Fraud 195

PYMNTS

NOVEMBER 24, 2020

Investors Social Capital, Hudson Structured Capital Management, Miller Value, Clearbridge and Mark Cuban have committed to investing $160 million through a private placement of INSU II Class A common shares. Morgan Securities, Wells Fargo and Northland Capital Markets. Morgan served as financial adviser to Metromile on the deal.

Arizona 264

Arizona Pennsylvania Capital Washington 264

PYMNTS

OCTOBER 19, 2020

And the survey cites statistics that an overwhelming number of North American and European consumers expect their digital transactions to be frictionless, secure and quick. On the day we founded our company, we set our sights on the ambition that Detected would be involved in more than 50% of all B2B transactions by 2024.

Survey 161

Survey Management Report Groups 161

PYMNTS

JANUARY 3, 2019

According to an article via the MIT Technology Review , this will be the year that blockchain becomes “boring,” with innovative projects that will “bear fruit” this year even amid the declines seen last year in the sector, and in cryptocurrencies. The new year brings time for reflection and projection.

blockchain 195

blockchain cryptocurrency Security Report 195

South State Correspondent

OCTOBER 25, 2023

After World War II, checks were the hot payment technology and helped fuel the boom that followed. The process was sped up by technology and legislation in the 70’s and 80’s so checks could be scanned and presented faster, but the process remained costly. Checking accounts in the U.S. This is the Rubicon in check processing.

Fraud 195

Fraud ATM Payments Management 195

PYMNTS

JANUARY 29, 2019

billion on the technology before the year’s end, and the country is far from the top spender. However, all that growth may be hampered by the fact that consumers are still wary of IoT when it comes to security. BlackBerry , for one, is now offering a suite of online tools to manage IoT security for clients.

Security 162

Security United States Software Online 162

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

NOVEMBER 19, 2020

Google’s Caesar Sengupta , general manager of payments, and Josh Woodward , director of product management, said the revamp aids visibility, streamlines transactions and lets users track a trail of payments. And 88 percent said they’d had a “consistently positive user experience” with NFC contactless technologies.

Google 254

Google Mobile Apple Survey 254

PYMNTS

OCTOBER 4, 2019

billion by 2024. Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59 billion by 2025. Another form of identity security is biometrics. In addition, unlike fingerprints, veins do not change with age.

Online 144

Online Ohio Knowledge Base Regional 144

South State Correspondent

MARCH 21, 2023

The ERC filing deadline is October 2024. ERC Assist provides clients with a technology platform that showcases bank innovation and demonstrates the bank is forward-thinking. Our group of CPAs and processors have a proven practice and have been through due diligence for information/data security.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

APRIL 10, 2019

From CVS to T-Mobile , retailers and technology providers are catering to the trend of contactless payment acceptance with new solutions and methods of handling cards from customers. Buying snacks, vitamins, personal care and prescriptions from CVS Pharmacy just got faster and more secure.” locations, per reports last year.

Retail 259

Retail Payments Mobile Apple 259

South State Correspondent

JUNE 27, 2023

For example, ISO 20022 defines the elements of a real-time payment, what constitutes a beneficial owner, or what happens during a transfer of securities for collateral (below). As technology and business practices evolve, the standard can be updated to accommodate these changes.

System 195

System Data Examples Payments 195

PYMNTS

OCTOBER 10, 2019

Rising Know Your Customer and other risk mitigation regulations have the financial services world eyeing digital identity technology. Already seeping into the consumer services world, digital identity technology is expected to hit a $12.8 billion valuation by 2024, according to the latest PYMNTS Digital Identity Tracker.

Strategy 124

Strategy Lending Knowledge Base Tools 124

Abrigo

FEBRUARY 14, 2023

The types of transactions excluded from the rule are trade credit, public utilities credit, securities credit, and incidental credit. Factoring, leases, consumer-designated credit used for business purposes, and credit secured by certain investment properties are also excluded transactions included in the proposed rule.

Data 195

Data Lending Compliance Resources 195

PYMNTS

JUNE 27, 2018

Industries of all shapes and sizes are looking to use the insights and capabilities offered by the emerging and evolving technology, and it’s now making an impact in the financial services space, too. That’s for good reason, too, according to Chris Ward, executive vice president and head of product management for PNC Treasury Management.

Digital Banking 148

Digital Banking Technology Management Risk Management 148

PYMNTS

NOVEMBER 18, 2020

Distributed ledger technologies (DLT) could also play a greater role in supporting businesses that want to deliver funds across borders to their workers. The companies can use artificial intelligence (AI)-powered capabilities to track the cards’ use in real time and ensure that only appropriate items are purchased using company funds.

Mobile 220

Mobile Payments Cards Retail 220

PYMNTS

SEPTEMBER 10, 2019

Despite all the discussion about verifying digital IDs without creating friction for the user, recent incidents like cybercriminals using AI to impersonate an energy company’s CEO to falsely request money could give security professionals nightmares. billion by 2024, despite the fact that digital IDs are still largely underused worldwide.

Wyoming 136

Wyoming District of Columbia Colorado Idaho 136

PYMNTS

NOVEMBER 12, 2019

AP automation is a popular target of corporates’ digitization strategies today, and according to new data released last week, researchers expect this industry to flourish at a compound annual growth rate of 11 percent between 2019 and 2024 — hitting a $3.1 billion valuation. Vendors Key to Billtrust’s BPN Adoption.

Innovation 124

Innovation Digital Strategies Payments Tools 124

PYMNTS

SEPTEMBER 10, 2019

At the highest level blockchain proponents say that distributed ledger technology (DLT) has the ability to safely, and immutably, transfer data, payments and … well , seemingly any exchange of value and information that one might envision. According to a statement, the minister said on Monday (Sept.

blockchain 155

blockchain New York Data Policies 155

PYMNTS

MARCH 9, 2020

It decided that it would launch such a system by 2024, stating that a government-created system would better support smaller FIs than TCH’s RTP, especially given that the latter describes itself as being owned by “ the largest commercial banks.”. Both approaches grant FIs access while other parties manage the technological undertakings.

Strategy 202

Strategy System Payments Resources 202

PYMNTS

JUNE 18, 2018

It’s a thought that comes to mind this week because the World Cup is currently underway in Russia, and because this week’s news managed to offer up a win, a loss and a draw, depending on where one looked. . According to a release earlier this week, Erica now has one million users, a milestone managed in just two months. .

Data 101

Data cryptocurrency America San Francisco 101

Accenture

AUGUST 26, 2019

In addition, a number of revolutionary ideas have recently hit the financial services industry, including digital and cryptocurrencies, as well as distributed ledger technology and blockchain. And it’s now spreading into RTGS systems, securities and trade finance as well.

Industry 174

Industry Payments System Guidelines 174

PYMNTS

APRIL 30, 2020

Buyers used local payment methods for 77 percent of worldwide eCommerce in 2019, and that figure is projected to reach 82 percent by 2024. Merchants may be wise to follow these customer segments and consider how to provide a seamless and secure payment experience. Merchants must find ways to provide these kinds of conveniences safely.

Payments 131

Payments Cards Resources Online 131

Fintech Labs Insights

APRIL 12, 2024

I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

Cisco

MAY 25, 2021

Financial Services Bank, Insurance & Wealth industry participants are actively addressing how to balance and deliver a safe return to work, with the right mix between a Secure Remote Workforce and Trusted Workplace to ensure business resiliency for all types of work, independent of work locations.

Strategy 71

Strategy Mobile Study System 71

Fintech Labs Insights

NOVEMBER 10, 2023

The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. Elon Musk’s second startup, X.com (now PayPal), launched in 1999.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

CB Insights

MARCH 19, 2019

Move over, 4G — the next generation of wireless technology is here. 5G technology will enable wider network coverage, more stable internet connections, and faster data transfer speeds (from 4G’s 1Gbps to 10Gbps). IoT cellular connections will use 5G worldwide by 2024, according to Ericsson. We dig in below. Manufacturing.

Industry 78

Industry Video Mobile Technology 78

Abrigo

JANUARY 22, 2024

Takeaway 2 Examiners' focus is on risk management related to products and services , especially those involving complex technologies like AI. billion in losses globally last year, according to Nasdaq’s  2024 Global Financial Crime Report. For A proactive approach to risk management involves continuous monitoring and adjustment.

Fraud 221

Fraud Training Risk Management Software 221

Abrigo

APRIL 22, 2024

Takeaway 3 Depository lenders are enhancing their lending procedures and technologies to meet institution risk and return requirements as they grow. The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months.

Lending 243

Lending St. Louis Community Marketing 243

Abrigo

FEBRUARY 8, 2024

Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. Fraud schemes, evolving with technology, are more sophisticated and more complex to detect. Fraudsters have adjusted their tactics as technology has changed.

Fraud 195

Fraud Resources social media Software 195

PYMNTS

JANUARY 16, 2020

A two-headed monster of rising churn and rampant fraud is menacing the growing subscription space, and many companies are spending big bucks to roll out innovative fraud-busting technologies to combat it. This means businesses must prioritize security, even if it means sacrificing transaction speed. That confidence is well-founded.

Customer Experience 131

Customer Experience Fraud Video Security 131