Independent Banker

NOVEMBER 30, 2022

And yet, some industry experts have observed that AI is not yet being used to its full advantage in vendor management—one of the thornier problems that community banks are wrestling with today. If a community bank has just a handful of vendors, managing those vendors is fairly straightforward. AI and innovation.

Management 91

Management Community Bank Community Data 91

PYMNTS

MARCH 4, 2020

The paperwork and delays that employee expenses generate can strain any business’s operations. Bringing Innovation to a Traditional Industry. The firm is also deploying data analytics as well as fuel cards to improve its fleet management efforts. This is why Paul Davis is turning to new technology, Floyd said.

Management 141

Management Technology Analytics Resources 141

PYMNTS

MAY 23, 2019

When it comes to innovation, go to the source. has joined the ranks of companies and brands setting up innovation labs. QSR Innovation. The PepsiCo innovation effort comes at a time of significant technology development in the world of restaurants, including quick service restaurants (QSRs). In other words, PepsiCo Inc.

Innovation 148

Innovation Retail Operations Technology 148

PYMNTS

OCTOBER 19, 2020

Google Cloud is aiming to innovate the mortgage industry with its new artificial intelligence (AI) tool called Lending DocAI. Sudheera Vanguri , product manager lead at Google, said in a b log post on Monday (Oct. Lending DocAI is part of Google's Document AI portfolio for the mortgage industry.

Google 264

Google Tools Lending Industry 264

South State Correspondent

MAY 18, 2023

The Start of Our Generative AI Journey “Tate,” a contraction of SouthS tate, was a brainchild of our Spark Innovation group, a team of 35 employees from various sections of the Bank brainstormed a use case, created personas, outlined a user journey, and then developed an action plan. That is an 11.6x

US 195

US Training Examples Data 195

PYMNTS

DECEMBER 22, 2020

The pandemic has forced businesses to pivot quickly to continue their operations — both domestically and internationally — with relative ease as the health crisis affects everything from supply chains to payment schedules. They will need to continue innovating these processes to stay on top of shifting B2B trends worldwide.

Innovation 237

Innovation Cards Payments Study 237

PYMNTS

NOVEMBER 27, 2019

In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be at a disadvantage, at least when it comes to dollars. The partnership model can help offer a roadmap for CUs.

Innovation 215

Innovation Millennials Technology Examples 215

Perficient

JUNE 1, 2023

Use Cases Writer is the most customizable generative AI platform for banking, asset and wealth management, and insurance companies with implementation at many large financial service organizations including Charles Schwab, Vanguard, Intuit, and many more. Perficient can help deliver solutions to transform your organization.

Compliance 251

Compliance Industry Regulation Data 251

PYMNTS

DECEMBER 3, 2020

Intelligent automation supplier Kofax has announced new innovations for its invoice and accounts payable (AP) solutions, according to a press release. That, according to Kofax, shows a focus among business leaders on using more automation to boost operational efficiency, according to the release.

Resources 173

Resources Compliance Management Innovation 173

Gonzobanker

NOVEMBER 2, 2023

In the throes of managing balance sheets and loan portfolios and at the same time executing daily “run the bank” operations, bankers are faced with the need to continuously develop new customer experiences and scale enterprise capabilities. Once they run buzzwords and innovations through management’s “B.S.

Leadership 158

Leadership Industry Management Resources 158

PYMNTS

JANUARY 26, 2021

In other news, European FinTech SIA is partnering with WizKey to create a platform to allow credit negotiations on blockchain for banks, financial operators and funds, according to a press release. Diokno, Philippines’ Central Bank (BSP) governor in the release.

blockchain 244

blockchain Guidelines cryptocurrency Marketing 244

PYMNTS

MARCH 20, 2020

There won’t be any need for documents or collateral to get the loans, the paper said. However, the applicants will have to allow Cainiao to provide things like inventory information and operational status to HSBC for analysis. “We It will have first-mover advantage,” said Louis Tse Ming-kwong, managing director of VC Asset Management.

Big Data 203

Big Data Lending Regional Operations 203

Perficient

FEBRUARY 29, 2024

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. Explore and integrate alternative data sources and innovative scoring models to offer fairer assessments of creditworthiness.

Trends 221

Trends Industry Analytics Compliance 221

PYMNTS

JUNE 20, 2019

Tried-and-true credit unions (CUs) have managed to keep pace with commercial banks, FinTechs and other financial institutions. According to the new Credit Union Tracker , as of March 2019 there were an estimated 5,572 CUs in operation and in the same month 324,000 consumers joined CUs. Data analytics can provide customer insights.

Innovation 100

Innovation Cards Analytics Video 100

PYMNTS

APRIL 4, 2019

But with new restaurants also come new or expanded digital initiatives – part of the overall trend, documented by PYMNTS research, of QSRs getting smarter about eCommerce and mobile tech, even as restaurant managers and customers often have differing views about which service and payments innovations work best. Mobile Ordering.

Innovation 136

Innovation National Mobile Trends 136

Perficient

OCTOBER 29, 2020

That’s why you need a solution that helps the sales team manage the sales process and close the deal faster. CPQ is a technical platform that you can use to manage products and simplify the sales process. Document templates for creating documents and quotes. Admin app to manage cache and other services.

Management 247

Management Industry Customer Experience Examples 247

South State Correspondent

MARCH 21, 2023

This article breaks down how you can use the ERC Assist product to generate deposits in an innovative way. ERC Assist provides clients with a technology platform that showcases bank innovation and demonstrates the bank is forward-thinking. ERC Assist also serves to differentiate your bank from competitors.

Taxes 195

Taxes Community Bank Community Operations 195

Perficient

MARCH 3, 2023

Once the business outcomes and pain points have been documented and prioritized and technology has been assessed, Perficient recommends that the next step be to determine what the inventory visibility capability should be. In this blog, we thought to offer the recommended next steps in the supply chain visibility journey. Who/What/When?

blockchain 275

blockchain Management Regulation Resources 275

PYMNTS

SEPTEMBER 19, 2019

Oracle is expanding its Supply Chain Management (SCM) Cloud solution with a range of new features, including integration into a business network and the addition of a digital assistant, the company said on Wednesday (Sept.

Management 143

Management Analytics Operations Technology 143

PYMNTS

MARCH 8, 2018

In an interview with PYMNTS, Katy Jones, chief marketing officer of the company, agreed with the notion that, when it comes to food, supply chain management exists in an analog world in need of digital change, where visibility is limited. Compliance, of course, remains top of mind and urgent in practice.

Management 101

Management Compliance Technology Examples 101

Perficient

AUGUST 7, 2020

This reorientation to supply and demand activated access will require health systems to change how they operate, and success will be require four discrete steps of transformation. Step 1 – Expand patient access modalities. Let’s be honest, accessing healthcare historically is just a pain.

System 332

System Management Operations Resources 332

FICO

JANUARY 6, 2022

As credit issuance, account management and collections enter the digital age, the opportunity for innovative experimentation is accelerated and made more complex by the wide range of data and decision points a digital platform enables. The Pillars of Experimentation. Why this is important?

Management 52

Management social media Customer Experience Strategy 52

PYMNTS

SEPTEMBER 10, 2018

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. Decomposer for innovator large or small, established or emerging. Substitute producer for buyer or supplier. Consumer for the end user. The Ecosystem’s Unsung Hero.

Innovation 146

Innovation Cards Payments San Francisco 146

PYMNTS

JULY 31, 2019

ACOM Solutions is proud of the innovative AP automation platform we’ve built with acompay,” said Patrick McMahon, CEO & President of ACOM Solutions, Inc. American Express has announced that it plans to acquire acompay, a digital payment automation platform, from ACOM Solutions.

Payments 191

Payments Tools Resources Management 191

PYMNTS

AUGUST 13, 2019

Australia and New Zealand-based ASB Bank has acquired a stake in a New Zealand startup developing a blockchain-powered trade management solution. While financial details of the acquisition were not disclosed, ASB Bank Executive General Manager of Corporate Banking Nigel Annett said the bank would take a “significant” stake in TradeWindow.

blockchain 134

blockchain Customer Experience Security Management 134

PYMNTS

FEBRUARY 25, 2020

Businesses want fast, convenient and cost-effective financial management systems, so many opt for cloud-based solutions rather than those that exist on-premises. According to research, approximately half of businesses will use cloud-based financial management systems by 2022. Using Data to Optimize Operations.

System 153

System Operations Management Data 153

Abrigo

JUNE 10, 2020

The former Chief Operational Risk Officer was fined for insufficient action on AML program deficiencies and staffing issues. Adequately staffed and risk-focused AML resources with good documentation are critical. Ensure good documentation. The recent $450,000 fine of U.S. Focus BSA/AML resources on risk. In the U.S.

Resources 195

Resources Regulation Compliance Policies 195

PYMNTS

OCTOBER 6, 2020

At a time of increased consumer use and acceptance of the new COVID-era digital lifestyle, the pressure is mounting on large, legacy lenders to accelerate their innovations – or become obsolete. Banks are good at creating pain points by making customers sign several forms and documents, Dimon told Sibos attendees. On Monday (Oct.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

JANUARY 26, 2021

In addition to facilitating corporate payments, the platform enables seamless integration, real-time reconciliation and document sharing, and smart contract automation. Temenos Targets Banks With Digital Transformation Tools.

blockchain 355

blockchain Data Fintech Technology 355

PYMNTS

SEPTEMBER 20, 2018

While regulatory requirements have emerged as a top “driver” of trucking innovation and technological disruption, the complexities of the industry’s supply chain mean that dealing with paper not only adds cumbersome processes to the fold, but slows down payments for trucking firms.

Industry 158

Industry Tools Regulation Management 158

PYMNTS

NOVEMBER 26, 2019

Transportation management and logistics technology solutions provider Transplace , which works with a growing base of more than 32,000 carriers either directly or on behalf of shippers, recently improved its payment processing operations. Moves such as this are not easy to make, however. The Hurdles Stifling AP, AR Efficiency.

Data 131

Data Resources Payments Innovation 131

PYMNTS

NOVEMBER 11, 2019

The Monetary Authority of Singapore is backing the launch of a new trade finance offering operated by trade facilitation platform provider vCargo Cloud (VCC), a press release said Monday (Nov. MAS, as well as FinTechs from the country’s private sector, have propelled the nation into a global leading position in trade finance innovation.

Operations 100

Operations Compliance Fintech National 100

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however.

United States 174

United States Security Innovation Mobile 174

PYMNTS

OCTOBER 28, 2020

But in a panel discussion with Mike Massaro , CEO of Flywire , four executives from various verticals — from freight management to banking — discussed how pressure points are spurring a shift to digital processes. TripActions is focused on travel management, Cohen said, and also was hit hard as travel came to a standstill.

Payments 242

Payments Management Software Google 242

Insights on Business

APRIL 5, 2018

million managed retirement account participants and 11 million individuals. Those numbers also incorporate approximately 250,000 financial advisors, 300,000 retirement plans, 1,300 asset management firms, through 27 different plan providers, and over 50 global regulators to maintain compliance. Our reach is global, including 1.3

Operations 102

Operations Analytics Software Data 102

Insights on Business

OCTOBER 23, 2019

IBM OpenPages with Watson has been named one of the 2019 Gartner Peer Insights Customers’ Choice for Integrated Risk Management Solutions. Their contribution in our “innovating in the open” approach is part of the reason we received this honor. The Gartner document is available upon request from IBM. All rights reserved.

Risk Management 125

Risk Management Compliance Management Policies 125

PYMNTS

MAY 1, 2020

In the inaugural Digitizing B2B Payments Tracker® , a PYMNTS and Deluxe collaboration, the balance between paper and pixels is explored, revealing some unique and surprising strengths of hybrid accounts receivable (AR) operations. For those operators, the hybrid approach holds appeal.

Payments 132

Payments Tools System Online 132