Perficient

JULY 8, 2020

We are proud to announce that the Perficient’s Chicago office has been named a 2020 Best and Brightest Company to Work For ! This program identifies and honors organizations that display a commitment to excellence in their human resource practices and employee enrichment. Each company is assessed based on criteria including communication, work-life balance, employee education, diversity, recognition, retention, and more.

Chicago 520

Chicago St. Louis Company Minneapolis 520

Chris Skinner

JULY 8, 2020

OK, no more politics … unless it’s important to banking, technology and fintech … and back to my usual boring diatribes. There’s been a discussion a while ago about making banking fun, gamifying finance and giving rewards for smart spending and saving. I was an advocate of such ideas, but now … The post Should we gamify banking?

Fintech 477

Fintech Technology 477

Perficient

JULY 8, 2020

Recently, Built In Boston , a well-known online tech community, profiled our own Vice President of People, Andrea Lampert, SPHR, to get her take on how companies can continue to build a culture while working remote that will last for the long-term. Her responses were both interesting and noteworthy, all the while shining a light on several of the ways Perficient’s culture has acted as a foundational support system through our seamless pivot to remote delivery, as shown below.

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Company Boston Meeting Leadership 365

PYMNTS

JULY 8, 2020

QR codes have been around for years, although they often seemed like a marginal tech solution in search of a problem. But as is the case with so many things in our brave new world, COVID-19 is giving new purpose to the much-maligned QR code as an elegant enabler of touchless commerce. We mostly have China to thank for figuring it out – specifically, Alipay and rival Tencent.

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Apple Mobile America Marketing 293

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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

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Perficient

JULY 8, 2020

If you’re reading this you’ve likely heard the news that both SharePoint 2010 and SharePoint 2013 workflows days are limited. In fact, just next month you’ll no longer be able to create your SharePoint Designer based workflows in a new tenant. Chris McNulty, Sr Technical Product Manager from Microsoft provided the detail in an article about the end of life of SharePoint Workflows published on Monday.

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Video Resources Community Groups 365

Bobsguide

JULY 8, 2020

An initiative of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), the Climate Financial Risk Forum (CFRF) comprises senior representatives from across the financial sector whose combined expertise has been brought to bear on addressing the most urgent existential.

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Regulation 158

PYMNTS

JULY 8, 2020

Walgreens Boots Alliance is teaming up with Chicago-based VillageMD to make Walgreens “the first national pharmacy chain to offer full-service doctor offices co-located at its stores at a large scale,” according to a Wednesday (July 8) press release. The move comes against the backdrop of an U.S. healthcare system in upheaval from the COVID-19 pandemic.

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Houston Chicago Texas Meeting 219

Payments Source

JULY 8, 2020

The role of EMVCo — which is often seen as an extension of the card brands that deals only with chip-based EMV plastic cards— has come into sharper focus.

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Cards Branding Payments 168

PYMNTS

JULY 8, 2020

Depending on where you look, cash may still be king. It’s no secret that the pandemic has been forcing consumers to embrace all things digital. That includes paying for everything from clothes to restaurant deliveries through online and card-not-present transactions. But in an interview with PYMNTS, Scott Anderson , director of software product management and go-to-market, banking at Diebold Nixdorf , said that predictions of cash’s imminent demise are premature.

ATM 214

ATM Regional Mobile Payments 214

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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

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Payments Source

JULY 8, 2020

Fueling its market expansion, U.K. earned wage access startup Wagestream has raised £20 million (about $25 million) in a Series B fundraiser from several VC firms.

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Marketing Capital Payments 135

PYMNTS

JULY 8, 2020

That people and life itself are changing as a result of the pandemic is not in doubt. Perhaps the most difficult thing to accurately assess, however, is how people really feel, and how feelings alter behaviors. PYMNTS first polled consumers on March 23 as lockdowns got serious, and the digital shift was already making headlines by then. That week, Amazon suspended thousands of sellers over allegations of price-gouging on crisis supplies, as field hospitals were being set up at the centers of maj

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Online Groups Survey Examples 181

Payments Source

JULY 8, 2020

With a growing number of new applications integrated into the fabric of banking and financial services businesses, security throughout the system becomes a critical success factor, says White Hat Security's Craig Hinkley.

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Security System Fraud Payments 109

PYMNTS

JULY 8, 2020

“The reality is that many banking processes aren’t yet able to fully take advantage of the cloud, and are relying on systems that can’t automatically adjust capacity.” . “What has become apparent over the past 12 weeks,” according to Alessandro Petroni , head of financial services strategy at Red Hat , “is that organizations that had started down a path to modernizing their technology and processes to better compete digitally were more equipped to adapt and scale.

United States 176

United States System Strategy Digital Banking 176

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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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TheGuardian

JULY 8, 2020

£380bn in backing comes despite calls by scientists for large reductions in meat consumption to help avoid climate crisis Banks, investors and pension funds have poured billions into the world’s largest meat and dairy companies over the past five years, a new report has found. It compares the environmental impact of “‘big ag” to that of big oil. The report, published on Thursday, said private financial backing for the world’s 35 largest meat and dairy companies totalled an estimated $478bn (£380

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Industry System Report Company 108

PYMNTS

JULY 8, 2020

Ant Group, the online payment service affiliate of China’s Alibaba Group Holding Ltd, is looking to go public as early as this year, Reuters reported. . If the IPO moves ahead, one of the sources said it would be one of the world’s biggest listings this year. The news service reports that the world’s most valuable tech “unicorn” had been looking to sell shares in Hong Kong and mainland China simultaneously, according to sources.

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Groups Report Capital Regulation 175

Payments Source

JULY 8, 2020

At a time when many have shifted to digital payments to weather the coronavirus pandemic, the four main U.S. credit card brands are aggressively expanding their own take on digital commerce.

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Cards Maine Branding Payments 100

PYMNTS

JULY 8, 2020

“Are paper checks really the best we can do for our workers?”. Crises have a way of exposing weaknesses, vulnerabilities and outmoded systems. For Mark Putman , general manager of payments at ADP , that means paper checks. “If the recent and continuing health crisis has demonstrated one thing, it is that compensating people via paper checks is unreliable, unsafe and untenable,” he said.

United States 168

United States System Payments Management 168

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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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ABA Community Banking

JULY 8, 2020

Wendy Cai-Lee leads one of the latest crop of U.S. de novo banks: Piermont Bank, opened to address "pain points" faced by middle-market businesses. The post Podcast: Healing ‘Pain Points’ for Multigenerational Family Businesses appeared first on ABA Banking Journal.

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Marketing Community Bank Community Lending 96

PYMNTS

JULY 8, 2020

“2020 will be the year when businesses invest in filling their information and skill gaps to take advantage of digital commerce.”. It’s now clear that all the talk of COVID-era change is crossing over into reality. “For software-as-a-service (SaaS) providers, we expect headwinds and tailwinds,” observed Payoneer CEO Scott Galit. “Unfortunately, this extended period of shutdowns and slow economic activity means fewer businesses will be around in the latter half of the year.

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Tools Software Trends Retail 161

BankBazaar

JULY 8, 2020

Why are liquid funds more lucrative than a savings account? They not only provide easy access to your cash, but at the same time give higher interest rates than a savings account. Read on to know more. The COVID-19 situation has taught us the importance of saving money, hasn’t it? Whether it was a personal experience or hearing about the experiences of others, we’ve all learned the importance of having enough funds stocked up in case of an emergency situation such as a medical emerge

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US Maine Security Capital 78

PYMNTS

JULY 8, 2020

According to a recent National Bureau of Economic Research (NBER) survey , two-thirds of unemployed workers in the U.S. after the CARES Act could have received compensation that was better than what they earned at their previous jobs, with one-fifth also receiving almost double what they used to earn. The benefits of the CARES Act, passed in March, included $600 additional payments to unemployment benefits to help offset the massive job losses and risks due to the coronavirus.

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Study Data Policies Survey 160

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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

JULY 8, 2020

An initiative of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), the Climate Financial Risk Forum (CFRF) comprises senior representatives from across the financial sector whose combined expertise has been brought to bear on addressing the most urgent existential.

Regulation 78

Regulation 78

PYMNTS

JULY 8, 2020

Missouri-based First Bank will now be using Autobooks to help clients such as small- to medium-sized businesses (SMBs) boost their banking experiences, according to a press release. Among the new features will be the ability for customers to get paid at a distance and monitor cash flow in real time, the release states. Before Autobooks, First Bank would recommend quality accounting software to clients, but clients often found it cumbersome to download transactions and work with financial informa

Missouri 160

Missouri Online Software Payments 160

CFPB Monitor

JULY 8, 2020

The Financial Crimes Enforcement Network (“FinCEN”) just issued another Advisory pertaining to two consumer fraud schemes exacerbated by the COVID-19 pandemic. This Advisory focuses on “imposter schemes” and “money mule schemes, ”which we discuss below. This most recent Advisory is the latest in a string of pronouncements relating to the pandemic by FinCEN, which has stated that it regularly will issue such documents.

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Examples Groups Report Maine 78

PYMNTS

JULY 8, 2020

The retail world was rocked by more bankruptcy news on Wednesday (July 8), as Brooks Brothers officially announced its long-rumored bankruptcy and women’s fashion icon Ann Taylor was reported to be preparing for a Chapter 11 filing. The Brooks Brothers announcement had been speculated upon even before the pandemic, but the chain recently suffered from the double-whammy of COVID-19 and work-from-home lockdown measures that made “suit up and show up” an empty phrase.

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Retail Fort Worth Delaware Groups 156

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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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