Thu.Jul 30, 2020

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St. Louis Colleagues Rank Perficient a Top Workplace in 2020

Perficient

Perficient is a Top Place to Work in St. Louis. We’ve done it again! Perficient is proud to continue our tradition as a 2020 Top Workplace in St. Louis ! The St. Louis Post-Dispatch released the annual list with Perficient being named as one of St. Louis’ best midsize companies to work for. “I am thrilled that our employees in Missouri have once again recognized Perficient as a 2020 Top Workplace in the annual St.

St. Louis 530
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What’s the Impact of Coronavirus on FinTech?

Chris Skinner

Someone asked me what the coronavirus pandemic means for the future of FinTech. I guess they thought that not much is happening and many firms will shutter and close. However, some may think that times are dull and boring, locked in at home and nothing going on, but there’s loads … The post What’s the impact of coronavirus on FinTech?

Fintech 417
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Self-Advocacy Tips for Promoting Your Work

Perficient

BuiltIn Boston , an online tech community, recently interviewed Hiral Shah , a lead technical consultant at Perficient, to discuss the importance for women to self-advocate and the benefits she has realized as a result. Hiral gave insightful responses and advice while discussing how the Perficient community has been an integral part of improving her confidence and helping her self-advocate.

Boston 452
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Things worth reading: 31st July 2020

Chris Skinner

Things we’re reading today include: Lloyds bank reports loss after setting aside £2.4bn Lloyds reviews use of office space amid homeworking trend Schroders takes crown of UK’s largest listed fund manager Bridgewater faces losses and a lawsuit Five key moments from the big tech grilling Q, U, V or W: … The post Things worth reading: 31st July 2020 appeared first on Chris Skinner's blog.

Trends 269
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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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Product Detail Pages Are Dead. Product Experience Pages Are Here to Stay.

Perficient

It’s funny how changing one term in a phrase can make us think so differently about something. On a recent panel discussion with Digital Commerce 360 , I spoke about this exact paradigm change as it relates to the world of commerce. Product detail pages (PDP) have long been something that we in the commerce space have used to describe the page within a website that holds all the key information that a customer would need in order to research, share, or purchase a specific product or service.

More Trending

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Perficient Consultants Demonstrate Microsoft Power Platform Capabilities in Summer Hackathon

Perficient

Teams Put Their Microsoft Power Apps Skills to the Test in Week-Long Competition. Global pandemics may be rare, but crises of all sizes affect business operations in unforeseen ways. Smart businesses are rising to the top, providing new tools and processes to support their employees coming back to work. And, after employees are back, additional steps will be needed to optimize current operations and/or prepare for the next disruption.

Training 322
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Capital Assessment, Capital Planning Are Critical as Coronavirus Creates Chaos

Abrigo

Key Takeaways Stress tests and capital planning are vital to financial institutions in volatile times like these, when the coronavirus and pressures on the energy sector result in a financial crisis. Regulators will have elevated interest in credit risk and the resulting impact in the months ahead. Consider utilizing the same advisor for any stress testing or credit-focused capital planning as for estimating the allowance for loan and lease losses.

Capital 249
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NowRX CEO: Why DTC Pharmacy Is An Easier Pill For Consumers To Swallow

PYMNTS

Large pharmacy chains selling mixed merchandise are a mainstay of life throughout the developed world. Familiar planograms with the pharmacy in back, pulling shoppers through rows of candy and cosmetics to get their medicine is an everyday routine. Or it was. Big Pharmacy’s reliance on the sale of non-pharmacy products — a strategy that’s worked for years — may now be an Achilles’ heel in a post-pandemic battle for prescription drug market share, where waiting on pharmacy lines with sick people

Retail 275
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Q2 Sees Historic Decline in GDP

Abrigo

This morning, the Bureau of Economic Analysis released its first estimate of second-quarter gross domestic product (GDP) growth. From April to June, GDP plunged 32.9% – faring just slightly above the 34% estimated. This number is well within the range of estimates which had varied widely, due to deep economic uncertainty. Recall that GDP fell 5.0% in the first quarter.

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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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Amazon Crushes Earnings As Online Grocery Sales And Prime Viewership Soar

PYMNTS

To say that Amazon posted a good quarter on Thursday (July 30) is a bit like saying Michael Jordan had a good career. By any metrics, the company’s earnings were off the charts, and they hardly came as a result of cost-cutting. The company almost doubled its revenue and profit numbers while spending more than $9 billion on capital improvement projects.

Online 238
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Rebeca Romero Rainey: A sense of connection

Independent Banker

“There’s an undeniable sense of connection among us, and I’ve seen how community banks have responded.”. What a different August this will be than in previous years. Yet, as much as things have changed, I find comfort in the fact that the core of what we do at ICBA and as community bankers is steadfast. Ninety years ago, a founding group of community bankers rallied around the goals of maintaining their independence and protecting their communities.

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New Mid-Range Google Phone Expected Next Week

PYMNTS

Google will bring its new mid-range Android phone to market Aug. 3, according to hidden information on the Google Store page first publicized by 9to5Google. The Pixel 4a will include features such as the widely anticipated low-light camera capability and longer battery life, the technology news site reported. The phone will also have sensors that let users input gestures without touching the device.

Google 205
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Thinking historically

BankUnderground

Austen Saunders. Central banks want to learn from history. They can do so by drawing on decades of work by economic historians, as well as their own archives which manifest layers of institutional memory. But the path from page to policy can be difficult to find. Central banks need therefore to invest in the capacity of their own staff to think historically.

Policies 145
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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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Shipt COO: Why Success Requires More Than Just Great Tech

PYMNTS

For some companies, the digital shift has been more seismic than subtle. Shipt is one of those companies. Owned by Target , the shopping and delivery service has seen a business spike in numbers that are massive even in the context of the current crisis. Among them: a 278 percent revenue bounce in Q1 2020 versus 2019. In fact, Shipt is four or five years ahead of plan, as Chief Operating Officer Bridget Fruit told PYMNTS CEO Karen Webster.

Retail 199
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Traders keep eye on Libor transition

Bobsguide

Derivatives traders are on track to adopt new benchmark fallbacks ahead of the London Interbank Offered Rate (Libor) transition, with the pandemic bearing little impact on preparations. “We have personally not seen any slowdown because of coronavirus from our clients, whether it’s on.

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Digital Shifts In eCommerce And Online Banking

PYMNTS

eBay ’s CEO outlined his vision for growth in its Q2 earnings call, as the company benefited from the pandemic-driven digital shift. Shopify also reported earnings that reflected the expanding digital shift for consumers, with the company noting a rise in the number of stores on its platform and consumer spending at those merchants. And in banking, credit unions are taking another look at their use of innovative tools and digital channels, as shifts in these strategies are vital for them

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Roles lack clarity in Isdaâ??s CDM

Bobsguide

Debate is growing over the implementation of the International Swaps and Derivatives Association’s (Isda’s) common domain model (CDM), as uptake remains slow nearly three years after the project’s launch. “Lack of standards creates a self-perpetuating mess,” says.

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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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PayPal, Mercado Libre Integrate Payments Systems In Brazil and Mexico

PYMNTS

Mercado Libre announced Thursday (July 30) that it will integrate PayPal as a payment option in Brazil and Mexico. The move builds on a partnership signed between the Latin American marketplace and payments powerhouse and PayPal in December 2019 and opens Mercado Libre to a larger international audience as the integration allows consumers to use the PayPal on the Mercado Libre platform from anywhere in the world as long as the delivery destination is Brazil or Mexico.

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TBT: The Six-Cent Dollar

Matt Wilcox Pro

Currency has come a long way since its start in the fourth century BCE. We have arrived at a time and place where you can trade between three and four slips of intaglio-printed paper with the word “One” printed on them for a gallon of gasoline, between one and two thousand of them for a new […].

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Topcoder On The Payroll Must-Haves For Retaining Tech Talent

PYMNTS

The United States added 4.8 million jobs in June, but economic concerns surrounding the impact of the COVID-19 pandemic are still surfacing. Many workers hired in June were also hired part-time or freelance, indicating a widespread shift away from traditional employment and how U.S. employees want to receive their wages. Companies and workers alike are searching for payroll solutions that are faster and more flexible, especially during this time of economic uncertainty.

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Companies ready to defy Boris Johnson's planned return to work

TheGuardian

Guardian analysis finds many large England-based firms opt to keep staff working at home England: sector-by-sector look at work plans of major employers Future shape of offices: proposals to make workplaces safe A slew of England’s biggest businesses are set to defy the government’s push to get workers back into offices in August, a Guardian analysis shows, with many big businesses sticking to home working arrangements or delaying a partial return until September at the earliest.

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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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US GDP Falls By A Record 32.9 Pct

PYMNTS

There was more bad news Thursday (July 30) as the U.S. economy experienced its worst hit since the Great Depression in the second quarter (Q2) as COVID-19 brought the country to a standstill for a second time. The Bureau of Economic Analysis of the U.S. Department of Commerce reported the nation’s gross domestic product (GDP), the value of goods and services produced in the country, fell at an annual rate of nearly 33 percent from April to June.

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Banking 101: Should You Consider a Short-Term CD in Today's Market?

BankDeals

Short-term CDs usually offer higher yields than savings accounts and range in maturity from 3 to 12 months. We cover when short-term CDs might be a good idea relative to other savings options.

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How Cloud Kitchens Are Reinventing Hotel Room Service, As A Service

PYMNTS

Putting the “hospital” in Butler Hospitality , the New York-based hotel room service startup found itself this past spring in a city overrun by frontline workers of every description, setting up field hospitals in Manhattan’s most famous greenspaces as medical ships anchored. Tim Gjonbalic , founder and CEO of Butler, did what any conscientious hotelier, caterer or restauranteur would do: He started feeding them.

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PayPal touts QR codes for Venmo monetization strategy

BankInovation

PayPal is confident the rollout of its Venmo QR codes can help monetize the peer-to-peer payments network. During the company’s second-quarter earnings call, Daniel Schulman, PayPal CEO, said the QR code rollout will target merchants that consumers use daily, creating deeper customer relationships. “We are going to put aggressive marketing dollars behind this to make […].

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.