article thumbnail

Revamping Data Integration for CRA Compliance: A Necessity in the New Normal

Perficient

The Community Reinvestment Act (CRA) is a federal law in the US that promotes the interest of financial service firms to serve their communities’ credit needs, including low- and moderate-income neighborhoods. Data integration is significant in gaining insights into this updated clientele in the post-pandemic era.

Data 221
article thumbnail

As AI Enters The SMB Community, Cloud Adoption Still Lags

PYMNTS

Nearly the same amount (28 percent) said they’re using automation for marketing, while sales and customer service saw similarly high applications of automated tools. Twenty-four percent of SMBs have adopted some kind of automated Big Data tool , making Big Data the number-one category of automation embraced by small businesses today.

Community 117
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating The Overstuffed Weight Loss Market

PYMNTS

But the market is changing and new players are entering – most notably Noom , a subscription weight management and fitness program that has been dubbed “Weight Watchers for millennials.”. Users also interact with the greater Noom community and have access to both individual coaching with a human health expert and the use of a virtual coach.

Marketing 131
article thumbnail

Marg ERP Eyes Partnerships To Fuel SMB FinServ Strategy

PYMNTS

"We are successfully simplifying inventory management, accounting, payments, GST compliance, sales, marketing, HR and other basic yet complex needs of last-mile MSMEs in India and other geographies," the company said in its announcement. "We We aim to add 100 more channel partners by next year to strengthen our network.

Strategy 175
article thumbnail

Toshiba Rolls Out Unified Commerce Platform For Retailers

PYMNTS

Toshiba Global Commerce Solutions President and CEO Rance Poehler said in the announcement that 2020 was among the most trying years in recent recollection for merchants, but it has “been amazing to see how many rose to the challenge of serving their communities under adverse conditions.”.

Retail 170
article thumbnail

Community Service with the Personal Touch

Banking 2020

Question: Community branch, personal service, mobile banking—which is the odd one out? For some time now, there have been discussions about the future of community banks in the age of digital banking. The very notion of Big Data can seem Big Brother-like, but it, too, is here to stay, and it’s in our best interest to make it serve us.

article thumbnail

15 Twitter accounts every bank executive should follow

Abrigo

The ABA has a new report out on how banks are using social media, and much of the report focuses on using Twitter, Facebook, LinkedIn and the like to boost customer service, make connections in the community and recruit staff. 3) @JohnRBarlow – John Barlow is president of Barlow Research, which provides market research for commercial banks.