Perficient

FEBRUARY 4, 2021

By having an inaccessible site, you are turning away 26% of your overall potential market and expose the organization to compliance violations. According to the Web AIM million accessibility evaluation study , the top five compliance errors are low color contrast, missing alternative text, empty links, missing form labels, and empty buttons.

UX 531

UX Guidelines Compliance Study 531

PYMNTS

JUNE 27, 2017

As mobile devices continue to be a pervasive force in the technology arena, so does the need for forward thinkers in the field. Those that are constantly developing new ways to integrate connected experiences into people’s lives will probably be at the forefront of the tech industry. PYMNTS: What do you wish you had more time to do?

Innovation 145

Innovation System Mobile Trends 145

PYMNTS

NOVEMBER 13, 2020

Another related theme is the need for legacy core banking systems to upgrade in ways that don’t protract disruptions. Companies seeking to enhance their offerings … may find it particularly convenient to work with BaaS providers that can deliver money transfer capabilities and handle the associated regulatory compliance on their behalf.

Payments 259

Payments User Experience Meeting System 259

PYMNTS

MARCH 4, 2020

In a Masterclass conducted by Karen Webster, Norm DeLuca, managing director of banking solutions at Bottomline Technologies , said banks must put corporate clients at the center of their digital transformation roadmaps, helping those enterprises capitalize on the competitive advantage fostered by advanced technologies.

User Experience 203

User Experience Data Fintech System 203

PYMNTS

JULY 23, 2020

GEP , which works in procurement and supply chain strategy, has launched its new accounts payable (AP) solution, which will help automate AP services through cloud technology, artificial intelligence (AI) and machine learning (ML), according to a press release. “GEP’s AP Automation solution is not an upgrade of a legacy system.

User Experience 140

User Experience Fraud Taxes Resources 140

PYMNTS

OCTOBER 29, 2020

Offering a secure payment experience requires rigorous authentication or time-consuming behind-the-scenes security checks, which can often conflict with customers’ collective desire for an Uber-like frictionless experience. FIs must also ensure that the transaction is compliant with regulatory requirements.

Payments 213

Payments Fraud Meeting Security 213

Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. The Big 3 core vendors are loath to use the term “sunset,” but they are essentially doing just that to a number of tried and true, reliable systems, nudging FIs to evaluate their options.

Strategy 158

Strategy System Risk Management Technology 158

Insights on Business

MARCH 7, 2019

How can they integrate a next-gen flexible enterprise GRC solution with modular framework that uses technologies like AI, machine learning, NLP, and advanced analytics to leverage their existing investments in risk and compliance while building a fully integrated GRC system, lowering total cost of ownership (TCO)?

User Experience 93

User Experience Risk Management Compliance Regulation 93

PYMNTS

NOVEMBER 18, 2016

Nexus Systems is partnering with a real estate technology company to help the industry adapt to more sophisticated accounts payable and procurement processes. Reports Thursday (Nov. 17) said Nexus is teaming up with MRI Software to develop an AP and procure-to-pay solution fit for the real estate sector. ”

Software 100

Software United States User Experience System 100

PYMNTS

DECEMBER 10, 2020

Banks and other FIs must be certain that their clients are who they claim to be and adhere to AML compliance — or be held accountable. . Video-based KYC is an effective digital technology used increasingly to confirm customers? Video verification is one way to ensure smooth experiences and build trust. .

Video 201

Video Digital Banking User Experience Tools 201

Insights on Business

FEBRUARY 13, 2019

The global financial crisis of 2008 and 2009 brought a renewed focus on the governance, risk and compliance (GRC) processes within the financial institutions, who, not very long ago, viewed GRC as little more than a necessary evil – cost of doing business, which added little value. IBM OpenPages with Watson 8.0

User Experience 79

User Experience Compliance Risk Management Training 79

PYMNTS

SEPTEMBER 24, 2019

The bumpy road cryptos face under scrutiny from regulators (we’re looking at you, Libra ) was a springboard into a larger discussion between Zac Cohen, general manager at Trulioo , and Karen Webster on the challenges FIs and others face when deploying new technologies. Toward an Interoperable ID System. As for a universal standard?

Innovation 182

Innovation Fraud Technology Security 182

PYMNTS

FEBRUARY 2, 2021

But there is a lot more to having a secure and stable issuer processing system. System integrity, handling of leading-edge cases and compliance are some of the areas often overlooked. And let’s not forget there are plenty of fraudsters who are looking for system weaknesses that they can exploit.”.

Mobile 235

Mobile Payments System User Experience 235

Insights on Business

JUNE 20, 2018

In today’s global marketplace, financial services firms must grapple with competition, increasing regulation and market volatility while also maintaining profitability and growth in a world disrupted by emerging technologies and fintechs. Simply put, traditional systems and business processes just aren’t enough. OpenPages 8.0

Regulation 70

Regulation Compliance Analytics System 70

PYMNTS

OCTOBER 18, 2017

The question applies to financial institutions of all sizes and is especially germane to smaller banks and credit unions, firms which do not have the deep pockets or the technology of larger banking compadres and FinTechs. Technology on its own has no standalone, distinctive value. What of regulation?

Innovation 140

Innovation Compliance Community Bank Strategy 140

Insights on Business

MARCH 26, 2018

At IBM Think, the premier business and technology conference, the main theme is “mankind + machine,” and during the Wednesday morning session with Ian Hurst and Sarah Diamond, IBM General Managers of Banking and Financial Markets, and Naresh Vyas, Royal Bank of Scotland Head of Solutions, that theme was on full display. Hello, Cora!

User Experience 135

User Experience Compliance Maine Regulation 135

Insights on Business

JUNE 14, 2017

Pressures stem from a myriad of sources: competition from fintechs; unrelenting regulatory environment; associated costs of compliance (or non-compliance!); They rapidly leverage technology to compare options such as prices, features, and banking reputation when purchasing products and services.

Marketing 156

Marketing social media Millennials Customer Experience 156

PYMNTS

NOVEMBER 25, 2019

Financial institutions (FIs) are engaging with technology players in new ways as together, they seek to create ecosystems that offer new value to consumers. That was one of the main messages from a recent PYMNTS discussion between Karen Webster and Vaduvur Bharghavan (who goes by VB), the president and CEO of Ondot Systems.

Security 130

Security Payments Google UX 130

Insights on Business

MAY 2, 2019

Through our many daily interactions we have been witness to a wave of patterns forming that are changing the face of governance, risk and compliance (GRC). To meet these demands, organizations are reassessing their current GRC system approach. Institutions are targeting tactical, ad-hoc systems for replacement.

Compliance 98

Compliance System Analytics Data 98

Insights on Business

MAY 30, 2018

Innovating AI in user experience (UXD) to empower the first line of defense. I recall a recent conversation in which you mentioned the shift in how the first line of defense sees risk and compliance compared to just a few years ago? Now, of course, it’s like dozens, and compliance has exploded since then. Christophe: Yes.

Compliance 87

Compliance User Experience Innovation Risk Management 87

Cisco

AUGUST 23, 2019

Similarly, the role of finance and leasing companies has evolved to focus on providing customers with a seamless omnichannel experience. This created the opportunity to replace former credit systems and with a consolidated platform that could drive continued innovation and maintain best-of-breed credit practices.

Industry 49

Industry User Experience Compliance Capital 49

PYMNTS

FEBRUARY 28, 2017

That night, the “name that tune”-style game was given the Alexa treatment, adding voice functionality to the user experience. While 10,000 seems like a major milestone — and it is in some ways — the statistic still pales in comparison to the number of apps that major smartphone operating systems boast.

Google 100

Google System Comparison User Experience 100

Fintech Labs Insights

MAY 24, 2017

Highlighting the fact that regulation is a key barrier to growth for banks, a post at the Trulioo blog earlier this month underscored how important it was for FIs to leverage technology to meet these challenges. Further, they pointed out that even senior executives gain from the improvements technology can bring to the compliance challenge.

Compliance 21

Compliance UX User Experience Fraud 21

PYMNTS

APRIL 12, 2018

A surge in FinTech innovation, new industry players and the embrace of cutting-edge technologies – like artificial intelligence and mobile payments – positions the T&E market as an example of how B2B payments can, in fact, be innovative. Within this evolution, technologies like AI, machine learning and data analytics have taken hold.

Innovation 101

Innovation User Experience Management Policies 101

PYMNTS

OCTOBER 23, 2017

Oh, and security, too – but not at the expense of that frictionless user experience. Linden unpacked the findings of a recent whitepaper by Paysafe, “ Lost In Transaction: Volume II ,” which showed what consumers really want from their eCommerce experience. What do consumers want? Trust is not always based on facts.

UX 116

UX Security User Experience Millennials 116

PYMNTS

MARCH 14, 2017

As banks and payments companies endeavor to meet anti-money laundering (AML) regulations to avoid hefty fines for non-compliance, easily identifying customers in the digital channel becomes paramount to their success. Cybercriminals are predictable in the sense that they also move toward the weakest or most vulnerable links in a system.

Meeting 111

Meeting Fraud Knowledge Base User Experience 111

Independent Banker

JANUARY 31, 2022

In 2022, we’ve got some critical milestones around integration testing with all of our Fed systems, as well as pilot testing,” said Connie Theien, senior vice president and director, payments industry relations with the Federal Reserve System, to ICBA members during a November 2021 webinar ( see sidebar below ). payment system.”.

Community Bank 91

Community Bank Community Resources Fraud 91

FICO

MARCH 6, 2020

Visma Connect recently interviewed Jürgen Krieg, FICO's head of global compliance sales. In this excerpt from that article, Jürgen elaborates on the importance of compliance. . At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally.

Compliance 81

Compliance Technology Fraud Analytics 81

Perficient

OCTOBER 19, 2020

There is a tremendous opportunity for a unified and consistent experience across almost all user devices with the various advantages and mature technology PWAs utilize. The assumption of standards-compliance browsers allows PWAs the ability to behave much like a native app. The Advantages of PWAs.

User Experience 309

User Experience Technology Software Mobile 309

PYMNTS

MAY 22, 2017

In early May, approximately 300,000 computer systems in more than 150 countries were compromised by the WannaCry cyberattack. Even voice authentication biometrics are not foolproof because, as Clarke pointed out, there are now software tools available that capture and manipulate a sample of a user’s voice for nefarious ends.

Regulation 116

Regulation National Online System 116

PYMNTS

JULY 19, 2017

Larger-scale companies have corporate discount programs in place, they have airline deals, hotel deals, rental car deals, which they all need incorporated into their system and into their travel programs,” he recently explained to PYMNTS. For the most part, travel policy plays a big role in how travelers are treated through the booking path.

Industry 108

Industry Policies Management User Experience 108

FICO

DECEMBER 20, 2022

Since we are in the early stages for many new payment technologies, the steps FIs take in 2023 will shape how these new payment markets unfold. Buy-Now-Pay-Later Will Win on Customer Experience but Needs Enhanced Security. BNPL usage is beginning to hit critical mass, with roughly 60 million users today. trillion.

Fraud 52

Fraud Payments South Carolina Compliance 52

Insights on Business

JUNE 20, 2018

With the launch of OpenPages with Watson v8 , IBM is continuing to build on its legacy of industry-leading technologies for the financial sector. In particular, three issues with risk and compliance systems have been found to contribute to this situation: low visibility, disparate disconnected systems, and limited reach.

Compliance 70

Compliance Innovation User Experience System 70

Insights on Business

OCTOBER 12, 2018

I need an enterprise scale transformation approach powered by new technologies including cloud. Imagine you could accelerate the velocity of the business through information technology while saving 21% year over year on IT costs. But what is it and what are its real catalysts?

Innovation 87

Innovation Strategy Industry Technology 87

Gonzobanker

AUGUST 31, 2015

The biggest reason is related to lack of system integration. Systems like ChexSystems, Check Order, Credit Reports, Debit Card, Online Banking Enrollment require re-entry. Before selecting systems, make sure the vendors you have in place work with the new system. Vendors tout "“integrated workflow”" in their systems.

System 60

System Tools Cards User Experience 60

PYMNTS

JULY 5, 2017

We work with some of the most innovative companies in the world around payments and other technologies, enabling us to become the spear of innovation for enterprises. By perceived security, I am talking mainly about user experience as it relates to the digital payment space.

Innovation 121

Innovation Customer Experience Mobile Security 121

Fintech Labs Insights

MAY 26, 2017

ABN AMRO is the third-largest bank in the Netherlands and will use the technology to support its CDD/KYC processes in specific, and the bank’s broader “business transformation strategy” in general. “Fenergo is the technology platform that will underpin this initiative.”

Management 17

Management Innovation Compliance Capital 17