Perficient

JUNE 30, 2020

How much do people use voice commands with their devices, and what do they use them for? We wanted to know, so for the fourth year in a row, we asked over 1,000 people (1,123 this year) how they use voice, when they use it, and why. If you want a snapshot of how voice is used by people today, then you’ve found it. So, why do we care? Simple: The voice revolution is coming, perhaps not as fast as everyone originally thought , but it’s coming.

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Trends Mobile Survey Study 592

Chris Skinner

JUNE 30, 2020

I recently did a podcast and webinar with the Institute for International Finance (IIF). The timing was great because they’ve just produced a set of three reports about digital transformation in partnership with Deloitte. I can thoroughly recommend the three reports so here they are: Realizing the Digital Promise: Part … The post Realising the digital dream (free research) appeared first on Chris Skinner's blog.

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Report Digital Banking 486

Perficient

JUNE 30, 2020

The use of Scheduled and Opportunistic Counting will improve your inventory controls. Cycle Counting utilizes both of these methods of counting. The utilization of both methods will increase the accuracy of your on-hand reporting. Inventory accountants need this to confidently and accurately report these numbers to investors and banks. So, what exactly is scheduled and opportunistic counting?

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How To System Management Operations 371

Chris Skinner

JUNE 30, 2020

Things we’re reading today include: Fintechs distance themselves from Wirecard Barnier rejects UK bid to preserve City’s rights via trade deal Coronavirus: How lockdown has affected my money Coronavirus: UK economy hit by worst contraction in 41 years UK on track for V-shaped recovery, says Bank of England economist The … The post Things worth reading: 1st July 2020 appeared first on Chris Skinner's blog.

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Fintech 390

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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

How To

Perficient

JUNE 30, 2020

In my last post, I shared the primary insights you need to pull together a Now/New/Next portfolio and get started on making sense of where you stand in the market. In this post, I’ll share how to use those insights to make sense of what to do about it. . The Approach. For most of us, there is no shortage of problems to solve or great ideas to consider.

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Innovation Resources Trends Strategy 348

Perficient

JUNE 30, 2020

Customer experience leaders continue to look for ways to improve their customer experience technologies. These leaders understand that as expectations evolve, competitors try to jump ahead, and other companies invent new capabilities, they must also evolve their capabilities. Assessing your technology stack with respect to customer experience is essential to making sure your technology is keeping pace and able to deliver new and innovative capabilities.

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Customer Experience System Analytics Management 348

PYMNTS

JUNE 30, 2020

The pandemic may be here for a while. But bit by bit, economies are reopening and taking tentative steps toward normalcy. The “new normal,” however, for firms across any industry — but especially across the payments and commerce spheres — must include a “digital-first” mindset. We queried 35 payments executives about their individual efforts to fast-track the leap to digital and recount what has happened in the past 12 weeks — and what will need to happen moving forward to keep that digital shif

Innovation 267

Innovation Examples Cards Payments 267

Perficient

JUNE 30, 2020

Many Energy companies that are running Oracle ERP, SCM, and EPM solutions are working on their roadmap and deciding whether to cross the chasm and move to the Cloud or upgrade their on-premise applications. Change Management is an important part of such a decision and is a critical part of the roadmap to be considered in both options. Nevertheless, success will be defined in two factors; A flawless technology solution that fits the project’s requirements.

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Company Management Strategy Examples 332

PYMNTS

JUNE 30, 2020

The pandemic has upended daily life – and in payments, it is moving analog, face-to-face transactions toward the digital realm. In an interview with PYMNTS, Michael Bermingham, co-founder and chief business officer for Nium , said the pandemic has been changing the very nature of cross-border payments. That’s due in part to the fact that across the globe, businesses have shuttered in the wake of lockdowns and government mandates – including money transfer agents and locations.

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Payments Technology Compliance Fintech 253

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Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.

New York

Perficient

JUNE 30, 2020

Last week was clearly busy for Oracle. I attended three online events to learn more about Clinical One as the Data Collection capabilities were launched. . Oracle revealed that Clinical One Data Collection will: . Save time: Build a study in weeks instead of months ; make mid – study changes in real time ; deploy them in minutes without any cost .

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Data Study Video Online 322

Abrigo

JUNE 30, 2020

Key Takeaways FinCEN released guidance for financial institutions around banking hemp-related businesses. CDD requirements are risk-based and require the grower to provide their compliance with licensing requirements. SARs should only be filed if suspicious activity is detected beyond legal hemp growing. . From the time that the Agriculture Improvement Act of 2018 (2018 Farm Bill) removed hemp from the definition of marijuana within the Controlled Substances Act, the financial services industry

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PYMNTS

JUNE 30, 2020

A summary of Wirecard ’s customers in 2017 suggests that just 100 clients represented over 50 percent of its real sales, the Financial Times reported, citing an internal spreadsheet. The firm reportedly said it worked with 170,000 small companies and 33,000 large and medium-sized merchants in 2017. However, the internal document hints that the firm’s client base was significantly less sizable and the revenue from it much more uneven, per the report viewed by FT.

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Regulation Report Operations Payments 222

Abrigo

JUNE 30, 2020

Key Takeaways Work-from-home mandates have brought new challenges to an already stressful job held by banking professionals. While many banking professionals have already made adjustments in order to work remotely, it's a good time to revisit work-from-home strategies since some states are slowing reopening plans, and some employers are looking at longer-term increases of remote work.

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Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

US

PYMNTS

JUNE 30, 2020

Careem , the Dubai-based ride hailing company, has entered into a partnership with Visa to expand digital payments. The agreement is expected to accelerate cashless payments and digital banking across the Middle East and North Africa, the companies announced. Under the terms of the deal, Visa is integrated into the Careem Pay Super App which will provide Careem drivers, known as Careem captains, access to payments and funds.

Payments 207

Payments Security Regional Digital Banking 207

Independent Banker

JUNE 30, 2020

“With a heart led by compassion, let’s ask ourselves a question: Who do we want to be when we grow up?”. At times in our country, true independence has arisen from points of crisis—critical moments in time that require us to listen and reflect. Just think about the foundation of our nation so many years ago. A crescendo of events drove actions that ultimately led to the birth of a new nation.

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Community Bank Community social media National 184

PYMNTS

JUNE 30, 2020

Google’s parent, Alphabet Inc. , confirmed on Tuesday (June 30) that it has purchased North, the Canadian startup best known for Focals, its $600 smart glasses. . Terms were not disclosed, but The Globe and Mail reported the deal was worth about $180 million. “North’s technical expertise will help as we continue to invest in our hardware efforts and ambient computing future,” Rick Osterloh, Google’s senior vice president of devices and services, wrote on the company’s blog. .

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Google Report Regional Technology 207

Payments Source

JUNE 30, 2020

Wirecard North America is seeking a buyer, an otherwise routine corporate move that requires a large number of assurances, given its parent company's descent into scandal.

America 140

America Company Cards Payments 140

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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

Lending

PYMNTS

JUNE 30, 2020

Microsoft reported that digital currency mining encounters dropped 40 percent from 2018 to 2019, according to a report. The tech company noted in the report that only 50 endpoints for each 100,000 came across a digital currency miner. Ethiopia was the country with the highest encounter rate, followed by Uzbekistan and Pakistan. Ireland was the country with the lowest encounter rate, followed by the United States and Japan.

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Bitcoin United States cryptocurrency Mobile 200

Payments Source

JUNE 30, 2020

Tia Ilori, Senior Director of global fraud and breach investigations at Visa, joins us to talk with Michael Moeser, PaymentsSource's senior analyst, about the new attacks and fraud trends that have emerged since the start of the pandemic.

Fraud 122

Fraud Trends US Risk Management 122

PYMNTS

JUNE 30, 2020

Travel tech companies TravelgateX and PayParc have made a deal to create a B2B digital wallet, operating via API integration and available for any buyer or seller using TravelgateX, a press release says. The release cites the complications in the travel industry due to the COVID-19 pandemic, which has rendered much of the industry useless with shutdowns and people’s fears over potentially catching the virus.

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Payments Fraud Cards Data 198

Payments Source

JUNE 30, 2020

When PayActiv ended its coronavirus-related fee holiday this month, it didn't just go back to the way things were before; it adopted a modified business model that could bring it new markets and partnerships.

Marketing 130

Marketing Cards Payments 130

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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

Report

PYMNTS

JUNE 30, 2020

Lots of Taco Bell customers hoping to get their hands on a free Chalupa Craving Box were disappointed when the Mexican and Tex-Mex fast food chain’s app and website crashed Tuesday morning, MassLive reported. As Taco Bell regulars know, the $5 Cravings Box includes a five-layer beef burrito, a taco, cinnamon twists and a medium drink as well as the titular chalupa.

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California Resources Chicago Report 189

Payments Source

JUNE 30, 2020

COVID-19 has been a major accelerator in the shift to digital for most of us; how we take classes, do our jobs, connect with friends, and definitely how we shop, says PPRO's James Booth.

Payments 122

Payments US Mobile 122

PYMNTS

JUNE 30, 2020

Cade , the Brazilian antitrust watchdog, announced it would be reversing its decision to suspend the WhatsApp payment services partnership between Facebook and Brazilian card operator Cielo , Reuters reported. According to Cade, the decision was made because preliminary information from both Cielo and Facebook indicated that they would not infringe on peoples’ choices and wouldn’t limit other deals with rival companies.

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Regulation System Payments Cards 175

BankDeals

JUNE 30, 2020

If you want a bank account with a yield of at least 2%, the only place to find yields this high is a high-yield reward checking account.

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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.

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