Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services. get started.

Technology 195

Technology Lending Capital Meeting 195

PYMNTS

JUNE 9, 2020

Cybercrime is surging during the COVID-19 pandemic as fraudsters seize on increased online activity to steal consumers’ sensitive personal details. The success of this Series A funding underscores the broad market demand for digital AML/KYC technologies that have risen amid the pandemic. billion by 2024. billion by 2024.

Online 195

Online Report Compliance Fraud 195

PYMNTS

JUNE 12, 2020

Palantir Technologies , the Palo Alto, California-based Big Data analytics company, is planning to go public soon and could be trading as early as this fall, sources told Bloomberg News. Palantir declined to comment. The pandemic has boosted Palantir, particularly with businesses using the products to help determine how to reopen.

Technology 131

Technology Analytics Big Data Software 131

PYMNTS

APRIL 10, 2020

There are several complexities associated with reviewing and settling claims, given the nature of the insurance industry, which requires stringent customer authentication and documentation. v , said in a recent interview with PYMNTS. Mobile Insurance Disbursement Challenges.

Mobile 198

Mobile Technology social media Customer Experience 198

PYMNTS

JUNE 10, 2020

Notarization has historically required in-person meetings and the collection and submission of a number of physical documents. Sending and receiving this documentation is not only frustrating for consumers, but also time consuming and vulnerable to errors. RON services were legal in 23 U.S. states in March and are now legal in 43.

Online 131

Online Florida Meeting Regulation 131

PYMNTS

JANUARY 31, 2018

In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. In life, 40 percent of anything is a lot. And the frustration level has grown.

Online 153

Online Security Course Mobile 153

PYMNTS

JUNE 11, 2019

Phone numbers, email addresses, usernames and other online signifiers have become vital to digital identity verification, as the world becomes increasingly connected. Mobile wallets have become popular vehicles for storing and accessing credit card information, plane tickets and other documents.

Online 145

Online blockchain social media Security 145

PYMNTS

OCTOBER 19, 2020

“In this industry, borrowers and lenders have high expectations; they want a mortgage document processing solution catered to improving operational efficiency, while ensuring speed and data accuracy. They also want a document automation process that helps enhance their current security and compliance posture,” she explained.

Google 264

Google Tools Lending Industry 264

Perficient

APRIL 25, 2022

In our previous blogs , we’ve documented how insurance is a complicated product for the traditional commerce process. Purchasing can involve many channels from online to working with agents who are commissioned on what they sell, can the consumer really feel certain in their purchase decision?

Strategy 419

Strategy Analysis US Technology 419

PYMNTS

APRIL 11, 2019

As online food delivery services proliferate amid the battle for customer loyalty, and as grocery and related stores strive to gain more digital footholds, the online sale of alcohol is growing and becoming a bigger part of all those plans. Online food delivery is in the midst of what might one day be called a golden age.

Online 169

Online Retail Regulation Maine 169

PYMNTS

MARCH 21, 2019

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones. While the FDA decision shows that the U.S., Authentication Process.

Online 152

Online Retail Regulation Trends 152

PYMNTS

DECEMBER 12, 2018

Right now, though, we are talking about fraud, and how criminals use online data sites to steal from consumers in search of romance or, at least, some temporary companionship. Global fraud related to online dating scams costs “several billion dollars a year,” Hochrieser said, “and it’s growing every year.”. Online Dating Scope.

Online 159

Online Fraud System New York 159

Abrigo

AUGUST 29, 2022

Takeaway 3 Minimize institutional risk by digitally tracking and safeguarding critical loan documentation, giving customers peace of mind. With the influx of online businesses and brick-and-mortar stores taking their products and services online, especially after the pandemic, it’s no surprise that electronic signatures have boomed.

Lending 195

Lending Security Online How To 195

PYMNTS

AUGUST 22, 2019

In an interview with PYMNTS, Grovara CEO Peter Groverman said the recent announcement helps “close the loop” on the company’s proprietary technology platform. Grovara has built technology to automate, streamline and manage relationships with brands and buyers. That’s especially true for U.S.-based

Online 123

Online Michigan Branding Compliance 123

PYMNTS

AUGUST 3, 2020

Firms worldwide are getting used to the idea that they might not interact in-person with their customers nearly as often, so they must optimize their digital services and verify online customers’ identities. Laing added that that needs to happen immediately, as scams are multiplying during the pandemic. rose 33 percent in April.

Fraud 225

Fraud Online Data Tools 225

PYMNTS

FEBRUARY 4, 2020

The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. All in, counting online and in-person wagers, Super Bowl betting was worth roughly $6.8 In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31

Online 134

Online New Hampshire Rhode Island District of Columbia 134

PYMNTS

JUNE 11, 2020

Social distancing restrictions implemented to curb the virus’s spread are preventing compliance professionals from obtaining physical identification documents and holding in-person meetings that typically enforced anti-money laundering/know your customer (AML/KYC) compliance. Compliance Enforcement Goes Remote With Biometrics.

Compliance 186

Compliance Guidelines Meeting Tools 186

PYMNTS

MARCH 27, 2019

As online gamblers all but feast on the odds and brackets of the ongoing NCAA Division I Men’s Basketball Tournament in the U.S. – In that spirit, most consumers understand the need for a relatively involved onboarding process when first signing up for an online gambling site or service. the first March Madness since the U.S.

Online 115

Online Regulation Compliance Security 115

Perficient

NOVEMBER 17, 2020

Many banks have leveraged digital technologies like cloud computing, robotic process automation, artificial intelligence, and chatbots in response to Covid-19. The Paycheck Protection Program (PPP) is an excellent example of how banks leveraged technology to meet customer needs. Mobile end-to-end account opening is one of those areas.

Mobile 294

Mobile Online Conference Customer Experience 294

PYMNTS

DECEMBER 8, 2020

Traditional bank account opening methods have long involved visits to branches and face-to-face meetings with officials in which physical identification documents are presented. These technologies allow customers and business clients to swiftly and seamlessly onboard remotely, making sign-up processes more accessible and reducing abandonment.

Video 211

Video Report Meeting United States 211

Bank Innovation

OCTOBER 28, 2019

Blend’s platform is designed to simplify user experience for the consumer to drive increases in completed online applications and funding rates. Blend’s technology uses verified data to eliminate steps and the passing around of documents,” said Olivia […].

Las Vegas 170

Las Vegas Lending Oklahoma Fintech 170

PYMNTS

JULY 10, 2018

Use of online banking portals for corporates is ubiquitous — 99 percent of executives recently surveyed by JPMorgan said they conduct business banking online. Most survey respondents told JPMorgan that, though they conduct banking online, there are some processes that require in-person or over-the-phone interactions with their banks.

Online 100

Online Meeting Survey Analysis 100

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

Ublocal

FEBRUARY 15, 2023

Union Bank is dedicated to constantly improving our products and services, and offering customers the latest technology. From Mobile Banking and Online Banking , to secure P2P Payments and Advanced Fraud Protection and Security , we strive to keep our customers, and their assets, safe, while conveniently accessible online.

Online 52

Online How To Security Technology 52

PYMNTS

OCTOBER 4, 2019

Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59 billion by 2025. Hitachi first demonstrated the technology in London in September, and plans to officially launch the product in Europe next year. billion by 2024. billion.

Online 144

Online Ohio Knowledge Base Regional 144

PYMNTS

SEPTEMBER 16, 2020

We may be wondering what’s on the other side of commerce, banking, and “normal” life after the pandemic — but rest assured it will be done (at a significant and accelerating pace) online. Online identity verification has many forms,” Laing told PYMNTS.

Online 263

Online United States Regulation Fraud 263

PYMNTS

FEBRUARY 14, 2020

Technology and equipment vendors can be live in a matter of minutes, offering real-time POS lending with little or no integration needed. “As Companies can shop for products, receive credit approval, choose terms and get documents to secure their purchases through an electronic experience. CIT Group Inc.

Lending 151

Lending Groups Online Technology 151

PYMNTS

AUGUST 5, 2020

Alibaba Health Information Technology plans to pump the $1.3 Alibaba Health, a subsidiary of Chinese online retail giant Alibaba , said it plans to spend 80 percent to 90 percent of the net proceeds on “expanding the Group’s pharmaceutical and medical services network,” as well as “enriching member services and user-focused content.”.

Online 144

Online Policies Industry Technology 144

PYMNTS

DECEMBER 4, 2020

Not getting this right can cost online merchants as much as $4 trillion due to cart abandonment. Address verification and validation technologies have emerged to help co mpanies ease these issues. It’s not just inefficient to manually record paper-based customer documents, it’s also costly.

Tools 169

Tools Study Online Meeting 169

PYMNTS

JUNE 16, 2019

A report from the Government Accountability Office ( GAO ) said several government departments still rely on the three major credit agencies — Equifax, Experian and TransUnion — to verify a person’s identity before they can access their services online. Agencies like the U.S.

Knowledge Base 108

Knowledge Base Online United States Fraud 108

Abrigo

AUGUST 28, 2019

Slow lending decisions and frustrating loan application processes are among borrowers’ biggest gripes with traditional financial institutions vs competitors such as online or alternative lenders. A look at the steps of an institution relying on manual processes and an institution utilizing technology sheds light.

Lending 150

Lending Analysis Taxes Data 150

PYMNTS

AUGUST 27, 2020

With the bank's new BizExpress Online, existing SMB customers can apply for loans of up to $50,000 through the bank's NetBank and CommBank apps. That way, some of the documentation usually needed can be eschewed. By not asking customers to produce documents, Last said the bank wanted to remove some unnecessary complexity.

Online 174

Online Lending Report Fintech 174

PYMNTS

MAY 2, 2017

In an interview with PYMNTS, Rohit Arora, chief executive officer of Biz2Credit, stated that the digital platform and online lending applications are conducive to a mobile-centric interaction between Oriental Bank and smaller businesses. In addition, said Arora, whose firm has arranged for $1.7

Puerto Rico 118

Puerto Rico Lending Online United States 118

PYMNTS

MARCH 27, 2020

So is online shopping, with urgency. And verification can come only on the heels of having the right documentation, attributes and offerings in place that can be verified with speed and security through the use of advanced technologies. So are vaccines. All of these subjects share a commonality: IDs.

Course 361

Course Mobile National Examples 361

PYMNTS

SEPTEMBER 29, 2020

Dilip Kumar , Amazon’s vice president of physical retail, told the network the technology had been in the planning stages long before the pandemic. “I The initiative comes as shoppers continue to explore contact-free payment technology. Instead, he said, the palm images are encrypted and stored online.

San Francisco 349

San Francisco Seattle Missouri Chicago 349

PYMNTS

OCTOBER 10, 2018

After his departure from SoFi, Cagney moved quickly on to his next venture: Figure Technologies Inc , a new online lending venture built around using the blockchain to offer cheaper, faster and more efficient digital loans products.

blockchain 124

blockchain Online Capital Lending 124

PYMNTS

SEPTEMBER 25, 2019

Additional layers of security, including identity document verification (offered by Mitek and others) may introduce necessary friction into the process, where individuals must look for, procure and photograph their documents. Asking for an ID document upfront, paired with a selfie, stands as a strong deterrent to fraudsters.

How To 189

How To Security Fraud Mobile 189