Perficient
JUNE 11, 2020
Over the last few years, Oracle has been hard at work developing its newest flagship clinical trials platform called Clinical One. The company has invested a significant amount of money and personnel in building the platform. While there are many more capabilities to come over the next few years, you can already leverage Clinical One for data collection, randomization, and trial supplies management.
Chris Skinner
JUNE 11, 2020
hings we’re reading today include … Why are bank bosses sounding more optimistic about loan losses? Lloyds fined £64m for unfair treatment of mortgage customers Wall Street’s ‘fear gauge’ jumps on fears of coronavirus resurgence ‘First lady of Lloyd’s’ locked in £19m high court battle with former business partner over … The post Things worth reading: 12th June 2020 appeared first on Chris Skinner's blog.
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Perficient
JUNE 11, 2020
Centene, a large multi-line managed care organization, was looking to modernize and streamline its corporate performance management (CPM) applications. Centene had to move data between platforms multiple times during the close process so that close data could be fully consolidated and made available for reporting. This process had numerous challenges and inefficiencies that Centene wished to improve upon so that they could provide a more streamlined and more transparent process to the functional
PYMNTS
JUNE 11, 2020
Singapore-based cross border-payments platform TranSwap will partner with Currencycloud , which provides B2B embedded cross-border solutions, to let businesses collect and hold numerous currencies in the U.S., U.K., EU and other countries, a press release states. By using Currencycloud Spark, TranSwap will be able to offer the Global Borderless Virtual Account (GBVA) to customers, enabling funds to be held in 34 currencies and allowing more flexibility for cross-border payment solutions, through
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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper
Perficient
JUNE 11, 2020
Recovering, reopening and rebuilding will be a two-fold process: what now and what next. The pandemic has created a new normal for manufacturers, and the impact of digital communication will more be important than ever before. Join us at Tony Kratovil, RVP of Manufacturing at Salesforce, and Eric Dukart, National Sales Executive at Perficient, discuss why the right digital strategies are critical in the wake of COVID-19.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Perficient
JUNE 11, 2020
In a blog I recently wrote called “Your Ecommerce Customers Are About to Change,” I discussed the unique opportunity businesses have been presented with due to COVID-19. Specifically, looking at how their customers, among many other things, will change forever in this new normal that we are starting to see each day. I wanted to focus a bit more on this and specifically dial into B2B organizations.
PYMNTS
JUNE 11, 2020
The pandemic is setting the stage to change just about every aspect of running a business. With market volatility and economic pressure higher than it has been in more than a decade, the ways businesses manage and account for their money is inevitably included in that wave of operational change. That means significant implications for the ways accountants and auditors operate both within an enterprise and externally from it.
Perficient
JUNE 11, 2020
Previously , I discussed how pharmacovigilance can work, when implemented correctly. In the final installment of this blog series, I look at the future of pharmacovigilance. How can you close the knowledge gap and move pharmacovigilance from a state of reactive to proactive? While the presented earlier is merely an example, it is based on real PV practices of a few forward-looking marketing authorization holders.
PYMNTS
JUNE 11, 2020
The COVID-19 pandemic has upended the way businesses and government agencies verify their customers’, clients’ and citizens’ identities. 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.
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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202
Bobsguide
JUNE 11, 2020
Starting in March, banks including Llyods and HSBC have closed their branches due to government guidelines on health and safety – a trend that has led to a drastic change in consumer behaviour and that has accelerated the digital transformation of retail banks. Mladen Vladek, general.
PYMNTS
JUNE 11, 2020
Instacart ‘s valuation is now almost $14 billion after a new funding round, the company announced in a press release. The round raised $225 million and was led by DST Global and General Catalyst. Existing investor D1 Capital Partners contributed as well. The company’s valuation is now $13.7 billion, the release states. Instacart and other similar companies continue to receive funding as the pandemic has “changed the rhythm of life” in America and the world and “fund
Bobsguide
JUNE 11, 2020
The gap in digital performance continues to grow between traditional banks and challengers as the pandemic exposes incumbents’ inability to adapt. Mark O’Keefe, founding director at Optima Consulting and Payments Systems Regulator (PSR) panel member, says few incumbents have.
PYMNTS
JUNE 11, 2020
Mortgage lender Quicken Loans , one of the largest lenders in the United States, might be planning to go public, CNBC reported on Thursday (June 11). The company has filed its initial public offering (IPO) prospectus in secret, although it may become public next month, according to sources interviewed by CNBC. The target valuation hasn’t been decided, although it could be in the tens of billions of dollars, and Quicken Loans is working with Morgan Stanley , Goldman Sachs , Credit Suisse an
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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.
Bobsguide
JUNE 11, 2020
Insurers face new threats as impact of coronavirus challenges tech stacks and complicates customer contracts. While the shock of the pandemic is being felt across all industries, insurers are grappling not only with the need to revamp legacy technology, but the potential loss of trust from.
PYMNTS
JUNE 11, 2020
Fraud detection software platform NS8 has closed a Series A funding round for $123 million, led by Lightspeed Venture Partners , a press release states. There was also additional funding contributed by AXA Venture Partners. The company says it has undergone considerable growth, going from 50 to over 200 employees within the past year. The software utilizes real-time data analytics and real-time scoring to help merchants snuff out fraud and deliver seamless transactions, the press release says.
Payments Source
JUNE 11, 2020
The push for a public option to digitize government payments has gotten stronger, and the discussion has moved on from whether it should happen to how it should happen.
PYMNTS
JUNE 11, 2020
They first materialized seemingly overnight, out of nowhere. They often vanish during daytime hours only to return again, at night, around dinnertime. They are “ghost” kitchens. In a novel effort to scale the growing trends of mobile order-ahead ( MOA ) and order-to-eat (OTE), ghost kitchens are a story of “right time, right place,” as they have fulfilled much of the demand for restaurant delivery orders during the COVID-19 pandemic.
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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
Payments Source
JUNE 11, 2020
The immediate lockdown of the nation’s economy in response to attempts to flatten the coronavirus infection curve has had a widespread impact on the revenues of all businesses, particularly small ones that are more susceptible to economic disruptions.
PYMNTS
JUNE 11, 2020
Corporates are diving into an unprecedented opportunity to digitize and modernize. Whether it’s the result of necessity in a remote working environment or of a slowdown in business that frees up time to focus on the transformation, organizations are quickly flocking to their banks and FinTech partners to finally do away with paper in the back office.
Matt Wilcox Pro
JUNE 11, 2020
Originally posted June 11, 2018 About two years ago I took a look at sundry fears about the growth of digital media. Not a few people rued a decline in personal interaction (see “Interaction” below). Who knew—well, besides epidemiologists, who have warned of potential pandemics for some time—that in 2020 we would be self-quarantining, and […].
PYMNTS
JUNE 11, 2020
It has been 11 weeks since California became the first U.S. state to declare a state-wide lockdown to slow the spread of COVID-19. By late May, however, 36.1 percent of U.S. consumers were beginning to warm up to the idea of leaving their homes and resuming their pre-pandemic routines. There are still 63.9 percent of consumers who are opting to stay indoors, though, preferring to work and shop online for fear of risking contagion.
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Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.
Payments Source
JUNE 11, 2020
Inaccurate payments have plagued accounts payable and receivable departments from the time suppliers' contracts and invoices were stored in boxes and file drawers to the dawn of data-driven digital transactions.
PYMNTS
JUNE 11, 2020
The concept of digital identity is front and center as so much of daily life goes online. In the effort to battle the pandemic, will the “trust economy” take a hit? In an interview with Karen Webster, Zac Cohen , chief operating officer of Trulioo , said complex issues surrounding ID verification, public health and even fraud are coming to the forefront as the coronavirus changes every facet of life.
BankBazaar
JUNE 11, 2020
While missing a Credit Card payment is not a good idea, it can happen to the best of us. When you can’t afford to pay your Credit Card bill in full, here’s what you should do. . One of the thumb rules of maintaining a good credit history is making your Credit Card payments on time and in full. However, with COVID-19 rendering many jobless and furloughed, many are finding themselves in a situation of immense financial difficulty to be able to fulfill their Credit Card repayments.
PYMNTS
JUNE 11, 2020
CargoX ’s Platform for Blockchain Document Transfer (BDT) was connected with the Port Community System (PCS) of India amid a push in the country for trade documents, including of bills of lading, to be digitized, WorldCargo News reported. Portall Infosystems of India created the PCS technology and has put it into place at 13 significant ports in the country and 19 ports overall with over 16,000 business stakeholders.
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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.
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