Sun.Nov 15, 2020

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Securing Teams with built-in apps in Microsoft Endpoint Manager

Perficient

With about 42% of the U.S. labor force working remotely, managing devices has become more important than ever. Luckily, Microsoft has made great advancements in device management capabilities, many of which we’ll discuss today. In this blog, we’ll go over four main areas of Endpoint Management: Creating an app deployment. Securing the app (conditional access with MFA).

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Bank’s Margins Suffer As US Consumers Pay Down Credit Card Debt

PYMNTS

U.S. consumers have been paying down payments on credit cards with the pandemic continuing to hamper spending opportunities, which has led to dramatically falling bank card loans, The Financial Times (FT) reports. According to the report, the total amount of card loans in U.S. banks was $755 billion, down $100 billion from before the pandemic, while balances have drifted lower in three of the last four weeks.

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FIS sees opportunity as digital payments become more like cash

Payments Source

As futuristic as real-time digital payments can be, the concept is almost like a blast from the past for FIS’ Raja Gopalakrishnan.

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Fiskl, Samsung Appstack Team On Finance Management For SMBs

PYMNTS

Mobile-first fiscal management solution Fiskl has joined up with Samsung Appstack to help keep small- to medium-sized businesses (SMBs) competitive through collaborations and project management, according to a press release. According to the release, Taher Behbehani , head of mobile division, senior vice president and general manager with Samsung Electronics America, said Appstack "is a platform where SMBs can go to get a collection of highly-rated app recommendations, from a partner they can tr

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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

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Brexit will create new complications for PSD2

Payments Source

With time running out, industry actors are looking for ways to maintain the integrity of the infrastructure while recognizing a new banking framework following a no-deal Brexit, says GlobalSign's Arvid Vermote.

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Job Circular: Probationary Officer Recruitment At First Security Islami Bank Bangladesh Ltd.

FluentBanking

First Security Islami Bank Limited , a third generation progressive Islami Shariah Based Private Commercial Bank having remarkable number of branches all over the country with excellent working environment, corporate culture & steady growth in it's business expansion program, desires to recruit Probationary Officers to strengthen the team. Potential individuals who are challenge striving, forward looking, proactive & self-motivated possessing assertive leadership quality with the followi

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PNC Eyes Buying US Unit Of Spain's BBVA, Report Says

PYMNTS

PNC Financial Services Group could buy the U.S. arm of Spain-based BBVA for over $11 billion, which could be one of the largest bank acquisitions since the financial crisis over a decade ago, The Wall Street Journal (WSJ) reported, with the deal potentially announced as soon as Monday (Nov. 16). The deal, the report stated, would result in a bank with over $550 billion in assets and the fifth-largest retail bank in the country.

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Banks turn to influencers to build buzz about their brands

American Banker

Financial institutions like Ally Financial, Clinton Savings Bank and First National Bank of Omaha are recruiting personal finance experts, college students and local personalities to promote their products and services.

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Ticketmaster Events Won't Require Proof Of Vaccination, COVID Test To Attend

PYMNTS

Ticketmaster , which handles off-site ticket sales for a huge portion of the country's music and sports events, is developing a system to assess fans' Covid-19 vaccination and testing status but will let local promoters set standards for attendance, the San Francisco Chronicle reported. Ticketmaster President Mark Yovich outlined the policy in a statement the company provided to media outlets after a number of news organizations published articles that appeared to be based on inaccurate readings

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The State of Automation in Financial Services 2024 Report

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

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Job Circular: Cash Management Officer Recruitment At Jamuna Bank Ltd.

FluentBanking

Jamuna Bank Ltd. has come up a long way standing out with highly motivated workforce to lead the banking industry; now looking for experienced banking professionals to expediate the expansion strategy. Cash Management Officer Minimum five (5) year, experience in cash management in any scheduled Bank. Minimum Graduation with no third division Good Commend over English & Computer Literacy Willing to work anywhere in the country. • Only online application will be processed. • Only short listed

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Uber May Sell Self-Driving Car Unit To Rival Aurora Innovation, Report Says

PYMNTS

Uber may sell its autonomous vehicle unit Uber Advanced Technologies Group ( UberATG ) to a competitor, startup Aurora Innovation, according to a news report. Aurora, which was founded in 2017 by a former Google lead engineer for the self-driving car project, was most recently valued at around $2.5 billion. The report says representatives from Uber and Aurora both declined to comment.

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PNC reportedly in talks to buy BBVA's U.S. operations

American Banker

The deal, if announced, would be among the biggest bank mergers since the 2008 financial crisis and would push PNC above $560 billion in assets.

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Grocers Set Purchase Limits, Walmart Restricts In-Store Customers As COVID Cases Rise

PYMNTS

Retailers around the country are reinstating measures intended to counter the spread of COVID-19, CNBC reported. At Walmart stores, employees have resumed keeping track of how many shoppers are in stores at the same time, according to the report. "We know from months of metering data in our stores that the vast majority of the time our stores didn’t reach our self-imposed 20 percent metering capacity," a Walmart spokesman said, according to CNBC.

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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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Nexcess, Oliver POS launch ecommerce omnichannel solution

The Paypers

Digital commerce company Nexcess has partnered Oliver POS to roll out new ecommere solution for WooCommerce merchants, which brings essential data directly into the POS system from the online store, connecting both channels.

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FactorForYou Links SMBs With Factoring Companies

PYMNTS

A new website called FactorForYou has launched that is something of an online dating service for small- to medium-sized business (SMB) owners who want to turn accounts receivable (AR) into cash and the owners of factoring companies that make such transactions happen, according to a press release. FactorForYou states on its website: “Choosing a factoring company can be a challenge.

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WeBank: Insights From The World’s Top Digital Bank

The Financial Brand

Tencent-backed WeBank is a great example of how digital technology and data can provide the foundation to serve underserved markets efficiently. The post WeBank: Insights From The World’s Top Digital Bank appeared first on The Financial Brand.

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Bitcoin Daily: NY Airport Uses Blockchain To Track Cleanliness; Payments Provider BitPay Debuts Crypto Payroll Service

PYMNTS

The Albany Airport is using a blockchain-based app to track the cleanliness of surfaces and objects in the airport due to health concerns with the pandemic, according to a report from Cointelegraph. The Wellness Trace App was developed by General Electric in partnership with TE-FOOD and Eurofins, the report stated. It looks to provide "a safe travel experience" during the pandemic, and the blockchain it uses is from Microsoft Azure.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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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Five Ways Financial Institutions Drive People Out the Door

The Financial Brand

No institution can escape trouble – how they handle it is key. Among the toughest issues: discrimination, data breaches, money laundering. The post Five Ways Financial Institutions Drive People Out the Door appeared first on The Financial Brand.

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Ordway Debuts Multi-Entity Billing For SMBs

PYMNTS

Ordway , which works in billing and revenue automation for scaling companies, will offer small- to medium-sized businesses (SMBs) multi-entity billing and revenue management support, according to a press release. That means "companies can focus on global expansion and compete with Fortune 500 companies on an affordable and flexible order-to-revenue framework," no matter their size, the release stated.

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8 Surefire Ways To Explode Diwali Debt

BankBazaar

While you’re enjoying Diwali shopping and sampling delectable food with your family, there’s a devil lurking around the corner that you need to watch out for – Diwali debt. Here’s how you can slay that devil before it gives you sleepless nights. Diwali in India is more than just a festival: people across the country use this auspicious occasion to make big purchases like cars, gadgets, and appliances that they’ve planned for months.

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UK's Recognise Gets Its 'Restricted' Banking License

PYMNTS

Recognise, a subsidiary of Britain's City of London Group , has been awarded a restricted banking license by regulators in the U.K., the company announced, in a press release. A full license could come as early as the first quarter of 2021, the release stated. The timeline is consistent with one City of London Group included in a slide deck on its website describing the licensing process.

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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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.

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New Digital Rules Could Allow EU To Ban Tech Services

PYMNTS

European Union regulators may get new powers to ban internet companies that violate anti-competition rules, a top EU official told a German magazine, Reuters reported. Proposed new guidelines for regulating big internet companies in the region of more than two dozen countries are scheduled for public unveiling Dec. 2. One of the two officials slated to present the proposed new rules, EU Internal Market Commissioner Thierry Breton, told the Welt am Sonntag weekly that the time has come to give re