Abrigo

MAY 30, 2017

For one thing, there is a limited number of qualified loan officers and credit analysts on the market, especially seasoned bankers that have the skills needed in a rapidly growing institution. The answer to this staffing problem is technology that streamlines and automates as many tasks at the institution as possible.

Technology 150

Technology Community Bank Lending Community 150

Perficient

FEBRUARY 24, 2021

My previous blog analyzed how technology and the right team can improve your sales enablement program. In addition to the technology and having the right teams involved, data – where and how it is sourced, stored, stewarded, refreshed, and enriched – is critical. Data Analysis.

Data 322

Data Analysis Tools Management 322

PYMNTS

NOVEMBER 12, 2020

The small business financing market is in a unique position: despite market volatility and an economic downturn, funding availability remains strong for SMBs thanks to government funding initiatives. But this trend is simply part of the ebbs and flows of the market, according to Dare. In the U.K., Funding Ebbs And Flows.

Marketing 160

Marketing Industry Lending Fintech 160

PYMNTS

AUGUST 4, 2017

Procure-to-pay company Zycus is stepping into the middle market. The company announced Thursday it is launching a source-to-pay program for mid-market companies and small, high-growth firms looking to improve their procurement functions. The program is called Zycus Genesys. ”

Marketing 128

Marketing Analysis Compliance Tools 128

Abrigo

FEBRUARY 16, 2024

It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. Whether it's at the start of a year or some other time, focusing on these key areas will help you fine-tune your operations and set your financial institution up for success in the year ahead.

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

FEBRUARY 4, 2019

market, other research released recently showed the headwinds that small firms are facing from global competition and larger rivals, particularly when it comes to embracing digitization. “But as they grow, they are being stretched by operational issues and manual processes.”

Technology 130

Technology Analytics Survey Community 130

PYMNTS

SEPTEMBER 19, 2018

The spectrum of corporate technological disruption is vast. Small businesses, while they may struggle to have the resources to invest in the tools they want, can be more agile and flexible to handle changing markets. Where does the middle market fit in this spectrum? ” Surveying 300 U.S. ” Surveying 300 U.S.

Capital 134

Capital Marketing Mobile Payments 134

PYMNTS

JULY 18, 2018

Chef’d , a the meal-kit operator, has halted its business operations after using up all its cash and failing to line up more of it. While it was able to ink deals with large food companies and diet plans, it was tough to run the operation — and thus the cash burn rate. Consequently, please cease all work associated with Chef’d.”

Operations 100

Operations Chicago Analysis Branding 100

Perficient

APRIL 2, 2021

AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. Textual analysis.

Regulation 309

Regulation Industry Risk Management Analysis 309

PYMNTS

MAY 25, 2017

USA Technologies (USAT), a payment technology provider of cashless and mobile transactions in self-serve retail , announced Wednesday (May 24) a strategic agreement with Five Star Food Service, a full-service vending, micromarkets, office refreshment services and corporate dining company, to expand their partnership.

Technology 101

Technology Digital Strategies Leadership Retail 101

PYMNTS

JULY 25, 2019

In a press release , Sweep announced its debut aimed to enable freelancers, startups and SMBs to automate their spend management operations and remain compliant in the era of GDPR and PSD2. FinTech’s impact on corporate expense management has elevated the importance of data in spend analysis.

Management 108

Management Marketing Analysis Analytics 108

PYMNTS

MARCH 13, 2017

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. According to Office Depot senior director of contract marketing, Christine Nessen, “SMBs should strongly consider transitioning to tax software.”. 37 percent of SMEs in the U.K.

Financial Technology 127

Financial Technology Technology social media Taxes 127

Jeff For Banks

NOVEMBER 4, 2022

It wouldn't be benefiting customers in terms of fees or interest rates, as the analysis above shows. Or in the form of better technology. But I know of no credit union that pays their employees materially above market wages or has materially better tech than their banking brethren. And the $11.8 Where I think the excess $11.8

Operations 78

Operations Analysis Capital Community 78

Perficient

FEBRUARY 10, 2021

While the healthcare industry has long embraced technology, the demand to innovate and adapt quickly has grown exponentially in 2020 and into 2021. This has created an even greater demand for healthcare companies to incorporate more innovative technologies and build custom products to stay competitive within the market.

Software 294

Software Innovation Company America 294

South State Correspondent

MARCH 14, 2024

In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground. Demographics shift, products change and technology drives channel preferences. Today’s R&D investments are tomorrow’s businesses.

Innovation 195

Innovation Strategy Capital Comparison 195

FICO

OCTOBER 12, 2022

Risk-Aware Marketing to Personalize Telco Customer Engagement. Here's how technology from the banking space can help telcos compete with aggressively competitive sales and retention tactics. Innovators are shoring up their market share by opting for cloud-hosted platform technology more typically favoured by banks.

Marketing 96

Marketing Analytics Customer Experience Data 96

Perficient

MARCH 28, 2023

Instead, a supply chain control tower is a cloud-based solution that leverages advanced technologies – such as artificial intelligence (AI), blockchain, or similar distributed ledger technologies, and perhaps even the Internet of Things (IoT) – to proactively manage supply chains. Why is a Control Tower Needed?

Analytics 275

Analytics Management Technology Tools 275

Abrigo

SEPTEMBER 26, 2017

A major concern surrounding technology expenditures is whether the investments will generate a return for the accounting practice. However, identifying the return on investment begins with ascertaining which everyday challenges can be addressed with technology. The end result?

Technology 150

Technology eBook Taxes Meeting 150

South State Correspondent

FEBRUARY 20, 2023

Understanding the competitive banking landscape helps community banks set proper pricing, respond to rival marketing, and compete more effectively. The largest 100 banks dominate the industry with almost 75% of the market share. The number of banks that control the domestic loan market is summarized in the table below.

National 195

National Lending How To Community Bank 195

Perficient

MARCH 22, 2021

These support engineers work on various technologies, take care of the numerous support issues, and provide resolutions. These analysts need to work with cross-functional teams to handle multiple technology-based projects simultaneously. Level 2: Root cause analysis. Problem management and stability analysis. Monitoring.

Analysis 294

Analysis System Groups Knowledge Base 294

South State Correspondent

MARCH 21, 2023

ERC Assist provides clients with a technology platform that showcases bank innovation and demonstrates the bank is forward-thinking. This expertise, combined with the technology platform and your bank’s brand, will provide a formidable position in the marketplace. ERC Assist also serves to differentiate your bank from competitors.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

JANUARY 26, 2021

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. to bring its blockchain-powered corporate trade financing technology into the entity. Last week, the U.K.

blockchain 355

blockchain Data Fintech Tools 355

PYMNTS

MARCH 9, 2017

Airbnb is considering a move into the long-term rental business, with Bloomberg Technology reporting that the company has asked McKinsey & Co. to research the market. has reportedly performed a competitive analysis of Craigslist, which currently dominates the rental market in many cities. McKinsey & Co.

Marketing 100

Marketing Analysis Resources Study 100

PYMNTS

NOVEMBER 11, 2016

“The acquisition broadens both the product offering and the customer base on the buy side of the procurement process, whilst also bringing scale of operation on the strategically important supply side of the procurement process,” stated Rod Jones, Proactis chief executive. million, reports said Thursday (Nov.

Marketing 133

Marketing Analysis Management Technology 133

Abrigo

MAY 24, 2016

Did you know that many of the daily maintenance and management activities in your firm can be handled more effectively with technology? And while the word “technology” itself sometimes sounds like a daunting challenge, good technologies are actually designed with the end user in mind -- and that means you, and not just the IT technician.

Technology 150

Technology social media Software Leadership 150

Independent Banker

APRIL 30, 2022

But with so much emphasis placed on customer-facing products and technologies, innovating back-office operations can fall to the bottom of the priority list. We believe operations is the “engine” that drives every aspect of banking and, ultimately, the bottom line. Unbundle your end-to-end operations and conduct a SWOT analysis.

Innovation 91

Innovation Community Bank New York City Community 91

South State Correspondent

JANUARY 23, 2023

With the capital raised by Elon Musk, Microsoft, and others, this year, banks look to license the technology utilizing a paid professional version and leverage the tool through the Microsoft Office Suite to accomplish a variety of tasks more efficiently. Instantly, you have a three-sentence summary complete with prioritized action items.

Tools 370

Tools Examples Analysis Data 370

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. What does that mean, then?

Fintech 211

Fintech Mobile Analysis Technology 211

Perficient

JUNE 11, 2020

While the presented earlier is merely an example, it is based on real PV practices of a few forward-looking marketing authorization holders. A holistic pharmacovigilance system is not just adverse event cases entered into a database and endless line listings spit out for analysis. Do you have the right analytics tools?

Analytics 309

Analytics Risk Management System Analysis 309

South State Correspondent

SEPTEMBER 20, 2023

For starters, a customer may carry large balances but not generate franchise value if those balances are all in high-paying money market accounts or are highly volatile. The value driver in cash management is that it is usually some sort of operating account at the bank. As such, operating accounts have low-interest rate sensitivity.

Management 195

Management Survey Industry Community Bank 195

Abrigo

FEBRUARY 23, 2022

Indeed, the financial institutions surveyed most frequently identified the following as their top challenges in small business lending: Efficiency Process, operations, and staffing Competition Over half of the survey respondents cited efficiency as a challenge when it comes to small business lending. Knowing Your Customer.

How To 195

How To Lending Software Survey 195

PYMNTS

NOVEMBER 10, 2020

But understanding how to position real-time payments technology to meet the needs of businesses is a challenge. As Scaffidi recently told Karen Webster, uncovering the B2B value of real-time payments is about understanding the broader culture shift that instant payments technology has introduced to the financial services landscape.

Payments 294

Payments Analysis Data Meeting 294

Gonzobanker

APRIL 25, 2024

Nevertheless, the bankers felt an obligation to move into the future, so on a sunny Tuesday they gathered in the basement training room to begin implementing this powerful new technology. Mortgage lenders looked forward to receiving notice of promotions that Marketing sent to customers.

System 129

System Training Community Bank Management 129

PYMNTS

OCTOBER 24, 2018

While executives may understand the importance of key technologies like data analytics, artificial intelligence (AI) and machine learning (ML) to improve their processes, they don’t always turn that understanding into actionable adoption of those tools. Only 8 percent of survey respondents are using third-party technology solutions.

Analytics 153

Analytics Data Survey Analysis 153

PYMNTS

JANUARY 13, 2021

Toshiba Global Commerce Solutions unveiled its ELERA unified commerce platform that will let merchants operate without the bounds of traditional retail IT infrastructures, according to a Wednesday (Jan. 13) announcement emailed to PYMNTS.

Retail 170

Retail Big Data Analysis Community 170

PYMNTS

DECEMBER 5, 2018

The funding will be used to hire staff, “build out our infrastructure and secure the appropriate steps are taken to develop a regulated market for digital assets,” said ErisX Chief Executive Officer Thomas Chippas, according to Reuters. A new document shows that the U.S.

blockchain 166

blockchain Bitcoin cryptocurrency Analysis 166

Abrigo

FEBRUARY 25, 2022

Takeaway 3 Technology allows lenders to blend these approaches while achieving greater economies of scale. Among those with eased terms, 31% reported they had narrowed spreads of small business loan rates over the cost of funds, and 43% reported having narrowed spreads for large and middle-market loans. PPP Proved Technology.

Lending 195

Lending St. Louis Community Survey 195