Perficient

NOVEMBER 27, 2023

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. Process mining offers a data-driven, automated, and objective approach to analyzing business processes. what was done). what was done).

Industry 221

Industry Regulation Compliance Data 221

Perficient

APRIL 14, 2022

Although the insurance industry was already facing rising competition and customer expectations, the global pandemic forced our industry to take legacy processes and technologies, and transition to “digital” seemingly overnight. . Consumers and distribution partners alike have experienced the impact digital interactions bring.

Strategy 332

Strategy Tools Industry Customer Experience 332

PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Regulators in countries like Egypt have only recently rolled out their data protection rules.

Online 151

Online Report Payments Regulation 151

Perficient

DECEMBER 14, 2020

With many organizations planning or already engaged in some form of digital transformation, it is not surprising that the global public cloud infrastructure market is projected to grow 35% to $120 billion in 2021. Cloud-Native Technology Will Power Digital Transformations. Cloud Computing will be Increasingly Regulated.

Technology 348

Technology Trends Software Resources 348

Perficient

JUNE 1, 2023

As a leading digital transformation company, Perficient is committed to helping financial services clients integrate Generative AI into their business to augment workflows across every function. An Alternative for Regulated Industries At Perficient, we understand the importance of security when it comes to the financial services industry.

Compliance 251

Compliance Industry Regulation Data 251

PYMNTS

NOVEMBER 3, 2020

Other reports highlight consumers’ changing perceptions regarding the privacy of their personal information, finding that 56 percent of Americans would like more control over their own digital data. open banking rules and that provide holistic views of users’ finances by sharing data among multiple financial entities.

Study 192

Study Data Regulation Digital Banking 192

PYMNTS

OCTOBER 21, 2020

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a data-driven economy. Moving into the Digital Age . The great digital shift has spurred banks to examine even the most basic levels of services and bring them online.

Data 317

Data Regulation National Examples 317

PYMNTS

NOVEMBER 15, 2020

European Union regulators may get new powers to ban internet companies that violate anti-competition rules, a top EU official told a German magazine, Reuters reported. Proposed new guidelines for regulating big internet companies in the region of more than two dozen countries are scheduled for public unveiling Dec.

Regulation 257

Regulation Guidelines Google Washington 257

Accenture

OCTOBER 2, 2020

The introductory report in this series explains why central banks should focus on five areas to become the digital regulators of tomorrow. The post Next-gen central banking | Part 5: Building the workforce of the future appeared first on Accenture Banking Blog.

Regulation 260

Regulation Innovation Data Report 260

Perficient

AUGUST 14, 2020

The investment strategy for health systems during COVID, however, has shifted to digital. It’s a shift towards digital networks. A digital network is a platform that is dynamic enough to handle a variety of transactions; in healthcare, this would include virtual care, digital engagement, consumerism and retail offerings.

System 519

System Analytics Strategy Guidelines 519

PYMNTS

MAY 1, 2020

Financial institutions (FIs) and regulators in Singapore, the E.U. have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. and the U.S. these programs appear to have remained the same in most markets.

Innovation 245

Innovation Regulation Digital Banking Security 245

PYMNTS

JULY 2, 2020

That picture has brightened somewhat as summer begins, but things are far from settled in the digital domain. And it’s a double-whammy for firms, including small and medium-sized businesses (SMBs), as they are very much on the hook for data security. New Behaviors, Same Regulations. And it’s getting more complex, not less.

Compliance 223

Compliance Data Regulation Online 223

PYMNTS

SEPTEMBER 23, 2020

Banks in the EU have been racing to comply with the General Data Protection Regulation ( GDPR ) and the revised Payment Services Directive ( PSD2 ) since both measures were enacted in 2018. FIs in Fidor’s native Germany should by now be familiar with the standards set by GDPR, PSD2 and other regulations aimed at online banking.

Compliance 225

Compliance Regulation Guidelines Security 225

PYMNTS

DECEMBER 17, 2020

The move comes as regulators in the EU are looking at ways to keep U.S. The acquisition was the focus of controversy initially, as critics worried that the tech giant could use customer data for its own purposes and that it could further consolidate the power Google had in the tech world.

Google 294

Google Regulation Data Report 294

PYMNTS

NOVEMBER 9, 2020

there are indications that the opening of data flows between financial services companies has led to strong innovation (and demand for that innovation), and more regulation may loom. The mechanic of digital conduits, and the consent, open the door to digitization and data aggregation, simplifying and streamlining daily financial life.

Fintech 285

Fintech Data Regulation Innovation 285

Abrigo

SEPTEMBER 14, 2022

What banks need to know as the CFPB gets closer to its final rule Banks, credit unions, and other creditors may be required to collect more data for each application under a new rule. Takeaway 1 The CFPB's proposed rule would require any lender with 25 or more covered transactions to collect more data for each application.

Lending 195

Lending Data Regulation Community 195

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic is dramatically altering how merchants can transact, which data they can store and where they can store it, however.

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

AUGUST 20, 2020

online customers have been targeted by COVID-19-related fraud, with phishing scams emerging as the top way these bad actors are attempting to gain access to their victims’ personal data. The jump in online fraud represents a growing problem for both merchants and banks as well as the regulators tasked with monitoring digital transactions.

Data 289

Data Fraud Regulation Online 289

PYMNTS

JULY 21, 2020

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems. Around The Data Protection World.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

SEPTEMBER 22, 2020

21), European Central Bank (ECB) President Christine Lagarde made a case for the digital euro, saying it would provide an alternative to private digital currencies, according to her prepared opening remarks. She framed the need for change as the need to adapt to the new digital world. "We

cryptocurrency 276

cryptocurrency Regulation Regional System 276

Abrigo

OCTOBER 19, 2023

DOWNLOAD Takeaway 1 Cybersecurity Awareness Month, in its 20th year, highlights the shared responsibility of everyone to safeguard their digital data and assets. Takeaway 2 The sensitive data and transactions financial institutions handle and the constant threats of cyberattacks make cybersecurity measures and education critical.

Online 221

Online Security Resources Training 221

PYMNTS

DECEMBER 6, 2020

Britain's highly anticipated report outlining new rules to govern Big Tech will call for establishing specific rules for certain sectors of the digital economy and major players within them, the Financial Times (FT) reported. FT quoted an unnamed government spokesman saying of upcoming new regulations: "We are committed to making the U.K.

Regulation 170

Regulation Marketing Fintech Report 170

PYMNTS

MARCH 2, 2020

Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The Wall Street Journal reported on Monday (March 2). New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws.

NJ 249

NJ New Jersey Regulation Data 249

PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Stablecoins also “have the potential to serve as a digital monetary instrument to embed in DLT applications, including for programmable money or smart contracts,” the paper added.

Regulation 231

Regulation Bitcoin Cleveland Study 231

PYMNTS

JANUARY 14, 2020

Payments and financial service providers are facing an even greater challenge in balancing these two capabilities in the age of open banking and cloud migrations, with more opportunities than ever before for sensitive company and customer data to be compromised. A Regulatory Minefield. Greater Security Without Compromising UX.

User Experience 253

User Experience Security Payments Compliance 253

Gonzobanker

FEBRUARY 29, 2024

While growth and scale are helpful, bank leaders need to dive deeper into enterprise performance data to uncover the smart efficiency opportunities. It’s very hard for regulated banks and credit unions to gain any meaningful efficiencies under $1 billion in assets.

Tools 166

Tools Analytics Data System 166

PYMNTS

FEBRUARY 5, 2020

Looks like the digital advertising and marketing sectors are in for a reckoning. As we know, mostly anonymous corporations have been collecting consumer data online for years, usually without explicit permission, selling it or using it for ad retargeting and personalization. That’s a bad moon rising for some Big Data operators.

Google 288

Google Data Regulation social media 288

PYMNTS

AUGUST 5, 2020

The degree to which COVID-19 has converted consumers to digital channels is very visible with a quick glance at the data. A plethora of new digital shoppers are driving such numbers, Horton said, and many of them are older consumers who had been sitting out digital commerce until COVID-19 hit but are now pivoting decisively toward it.

Security 267

Security Fraud Data Online 267

PYMNTS

OCTOBER 29, 2018

As a result of the passage and adoption of open banking regulations, like PSD2 in Europe, banks and other financial firms are sharing data more freely than ever before. New open banking tools mean new types of financial transactions, which could make fighting digital fraud even more difficult for banks.

Security 192

Security Fraud Tools Data 192

Perficient

JULY 15, 2020

can leverage the Modern Data Platform approach. This Digital Transformation approach will help enterprises looking to re-platform, helping various Line of Businesses embark on the journey for Self Service Analytics, Modern fully managed Data Platform services etc. Digital Transformation. Align them to Scores.

Data 497

Data Customer Experience Analytics Industry 497

Perficient

MAY 5, 2022

IDC recently included Perficient in the “Loan Collections-Recovery” category of its “ Market Glance: Worldwide Consumer & Small Businesses Lending Digital Transformation Strategies, Q2 2022 (Doc # US49009422, April 2022).” The IDC Market Glance offers an overview of the landscape for consumer and small business digital lending.

Lending 354

Lending Strategy Marketing Big Data 354

Abrigo

SEPTEMBER 11, 2023

The next big advance came with digital access to your account. As technology advances, the possibility of data leakage into publicly available models or nefarious individuals exploiting the same also increases. Organizations must implement stringent security measures to safeguard their data and prevent unauthorized access.

Risk Management 195

Risk Management Data Technology Fintech 195

Perficient

MARCH 1, 2021

Over the years, I’ve sat through (or participated in) countless digital platform/CRM presentations. My hope is that we can eventually agree on three points around marketing and HIPAA-compliance: Your marketing calendar is not the best data source to tell us the right time to communicate to individual consumers about their health.

Marketing 508

Marketing Training Data US 508

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Few speakers or vendors had solutions for how banks are going to efficiently index, manage, and optimize their knowledge base, not to mention customer data.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Around The Data Protection And Security World. The virus is sweeping through the U.S.

Data 199

Data Retail US California 199

Abrigo

JUNE 12, 2023

Money transmitters like Western Union, PayPal, MoneyGram, Zelle, and many others, facilitate secure digital transactions, allowing people to send and receive funds across borders and within the U.S. Streamlined compliance : Compliance with varying state regulations significantly burdens money transmitters.

Compliance 195

Compliance Fraud Regulation Guidelines 195

PYMNTS

SEPTEMBER 24, 2020

Twenty-two percent of American consumers state that they have been targeted by COVID-19-related fraud attempts since the pandemic’s onset, for example, leading financial authorities to work toward keeping consumers’ data more secure by changing how it is stored. Answering The Data Question . EU and U.K.

Compliance 151

Compliance Fraud Regulation Security 151