Perficient

NOVEMBER 18, 2020

Perficient is pleased to announce that our work for Woman’s Hospital and Henry Ford Health System has gained recognition in the 2020 eHealthcare Leadership Awards. Woman’s Hospital Home Page Designed for All Women. Woman’s Hospital | Best Internet Home Page – Hospital, under 200 beds, Gold. Transforming content organization and leveraging a broader color palette, the Women’s Hospital home page is designed for clear navigation and mobile and desktop usability.

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PYMNTS

NOVEMBER 18, 2020

In the accelerated, digital-first world, few things are more complicated than healthcare payments. In fact, even a medical school degree isn’t enough to sort out the different payment accounts, billing statements and various insurance plans. However, chaos invites someone or something than can bring order, and i2c wants to contribute to that effort.

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Meeting Payments Cards System 312

Perficient

NOVEMBER 18, 2020

One new update that may have flown under your radar is the new built-in polls feature in a Teams meeting. In today’s article, I’ll be covering this cool new feature and show you how you can start using polls in your meetings! Step 1: Schedule your meeting. Let’s start things off in the Microsoft Teams client Calendar tab. Let’s create a meeting and add some attendees.

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PYMNTS

NOVEMBER 18, 2020

Americans paid off $10 billion in credit card debt in the third quarter (Q3) of 2020, but borrowed more for car and housing loans, according to a report in the Wall Street Journal (WSJ) citing the Federal Reserve Bank of New York. This follows a record $76 billion drop in Q2 credit card debt, as people used COVID-19 stimulus money and pandemic unemployment to pay down financial obligations.

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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

Perficient

NOVEMBER 18, 2020

Recently a colleague was conducting an OneStream training course and posted a question to the Perficient OneStream collaboration channel. An excerpt of the post follows “Is there a URL Link type or other View Member that would allow an end-user to just click on a link from the Data Attachments window after right-clicking on a cell to select “Data Attachments for Selected Cell””.

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Bobsguide

NOVEMBER 18, 2020

Viable businesses in Britain will require more low-cost finance for investment if they are to survive the blows of the pandemic – and it must come in the form of a “major commitment from the financial services industry”, warned the Governor of the Bank of England Andrew Bailey in a.

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PYMNTS

NOVEMBER 18, 2020

Global payments startup Veem is launching a new business-to-business (B2B) tool to simplify and automate domestic payments, the company announced in a Wednesday (Nov. 18) press release. “Small business owners, financial controllers, and accountants are moving away from paper-based payments and manual processes as the pandemic increases the demand for online payment solutions,” Veem Co-Founder and Chief Executive Officer Marwan Forzley said in the announcement. .

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Tools Payments Study blockchain 272

Payments Source

NOVEMBER 18, 2020

While most payment firms consider checking a time-consuming expensive relic for business transactions, one San Francisco-based fintech is going the opposite direction by adding checks to its digital platform.

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PYMNTS

NOVEMBER 18, 2020

New Jersey-based invoice-to-cash platform Billtrust has upgraded the machine learning (ML) capabilities of its business-to-business (B2B) cash application software, the company announced Wednesday (Nov. 18). “Business continuity involves future proofing operations and becoming more efficient,” Billtrust President Steve Pinado said in the announcement.

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New Jersey Software Payments Data 256

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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

Payments Source

NOVEMBER 18, 2020

Google has redesigned Google Pay to add new financial management and loyalty features; and to offer consumers checking and savings accounts from partner banks and credit unions in 2021.

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PYMNTS

NOVEMBER 18, 2020

Is real-time ready for prime time? The pandemic has exposed glaring points of friction in any number of verticals – including banking, where it’s apparent that legacy systems and processes were not designed to handle real-time anything, and certainly not payments. Banks have been playing catch-up with FinTechs in the bid to bring speed to their processes, especially when it comes to B2B payments.

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Payments System Innovation Management 245

ABA Community Banking

NOVEMBER 18, 2020

The ABA Banking Journal Podcast continues a pre-Thanksgiving tradition by interviewing the winners of ABA's 2020 Community Commitment Awards. These stories present the perfect inspiration as we prepare for the season of thanks and giving. The post Podcast: Celebrating Bankers’ Community Commitment appeared first on ABA Banking Journal.

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Community Community Bank 111

PYMNTS

NOVEMBER 18, 2020

In today’s top news, U.S. consumers paid off $10 billion in credit card debt in the third quarter of 2020, and Amazon Pharmacy launched for consumers to order prescription medications. Plus, Walmart+ gets a closer look after the retail giant’s third-quarter earnings call. US Consumers Pay Down $10B in Credit Card Debt In Q3. Americans paid off $10 billion in credit card debt in the third quarter of 2020, following a record $76 billion drop in credit card debt in the second quarter.

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Cards US Payments Strategy 227

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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.

Lending

Payments Source

NOVEMBER 18, 2020

The accelerator has enabled Los Angeles-based fintech Be Money to relaunch itself as Daylight and bring to market a transgender-inclusive preferred name card.

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PYMNTS

NOVEMBER 18, 2020

As a response to the recent rise in COVID-19 cases across the U.S., Wegmans issued guidelines and safety measures to manage shopping crowds during the holiday season. The grocery chain has placed purchase limits on 14 everyday items in an attempt to prevent item shortages caused by consumer hoarding, an issue seen widely during the first wave of the coronavirus.

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BankInovation

NOVEMBER 18, 2020

Automation has provided the financial services industry an efficient, fast and scalable way to operate — but comes with its own challenges. During the Banking Automation Summit last week, Bank Innovation editors asked industry leaders what about automation keeps them up at night. Here is what they said: Citibank “One of the biggest dilemmas is, […].

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PYMNTS

NOVEMBER 18, 2020

Companies that are looking to launch offices in more countries and serve customers in new markets need to be able to easily pay staff in those locations. The economic downturn caused by the COVID-19 pandemic has made it even more important that firms deliver payroll quickly, as employees are facing greater financial strains that may make them more eager for prompt salary disbursements.

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Mobile Payments Cards Retail 220

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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.

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American Banker

NOVEMBER 18, 2020

The success of some fintechs in getting bank charters this year only underscores how onerous the process remains for many others. That’s unlikely to change unless policymakers reconsider what it means to be a bank.

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Fintech Payments 101

PYMNTS

NOVEMBER 18, 2020

Shipping giant Maersk is predicting a better 2021 in a move that bodes well for the battered but now recovering global economy. A rebound in retail sales in the United States has resulted in a quicker than expected resurgence in shipping demand, with Maersk now expecting EBITDA to weigh in between $8 billion and $8.5 billion, the company said, according to a Reuters report.

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Payments Source

NOVEMBER 18, 2020

Software developers and ISOs must go into payment partnerships with a full understanding of what capabilities their merchants are seeking, including flexibility and choice, says NMI's Nick Starai.

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Software Payments 87

PYMNTS

NOVEMBER 18, 2020

Chime , a mobile-based startup delivering banking services that has gained strength during the pandemic, is here to stay, according to CEO Chris Britt , CNBC reports. The company’s good fortunes come as people have largely stopped trying to conduct business transactions in person that they can do online. Chime’s transaction volume has more than tripled this year.

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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.

Compliance

Bobsguide

NOVEMBER 18, 2020

A vaccine to the coronavirus will not bring much change in consumer confidence in the next quarter, according to a panel of finance directors at this year’s CFO Virtual Agenda. “At the moment, we are working on a scenario that the first half of next year most closely looks like.

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PYMNTS

NOVEMBER 18, 2020

The Clearing House 's RTP network is now several years old, and while the real-time payments capability is gaining traction, adoption in the B2B landscape remains muted. Indeed, it can be difficult for businesses to change their payment habits. Just ask the estimated 42 percent of small- to medium-sized businesses ( SMBs ) that continue to use paper checks to make B2B payments.

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Payments Data Technology System 206

BankInovation

NOVEMBER 18, 2020

Banco Santander SA is planning to sit out the wave of banking mergers sweeping its home market of Spain, opting instead to expand its digital platform. “We’re not about to participate in any, let’s say, traditional bank consolidation,” Chairman Ana Botin said in a panel discussion at the Bloomberg New Economy Forum on Tuesday. “We […].

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PYMNTS

NOVEMBER 18, 2020

As the holidays grow closer, American Express says research has shown that social media promotions and engagement could be a big boost for this year's Small Business Saturday event, according to a press release. The event is the company's 11th annual one, and the American Express Shop Small Impact study found that 78 percent of businesses reported that a social media campaign had helped to drive sales, with endorsements of small- to medium-sized businesses (SMBs) having the potential to be worth

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social media Study Survey Retail 201

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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.

Lending