Thu.Sep 03, 2020

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Assess Your Red Hat Skills

Perficient

Are you looking to advance your Red Hat technical skills but aren’t sure what courses to take? Assess your skills today with a free Red Hat Skills Assessment. There are 17 training assessments available for everything from Red Had Enterprise Linux and security to OpenShift and microservices. You can take an individual assessment to evaluate your skills by role or product, and receive a personalized training recommendation.

Training 322
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Hilton Hotel In Times Square To Close

PYMNTS

The Hilton Times Square is the latest victim of the coronavirus pandemic. In a filing with New York’s State Department of Labor Monday (Aug. 31) the managing director of the 44-story landmark said it will close permanently next month and 200 jobs will be lost. The iconic hotel on West 42nd Street was shuttered and furloughs began in mid-March as COVID-19 struck the city, The Wall Street Journal (WSJ) reported.

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Next-gen central banking | Pillar 4: Communicate effectively

Accenture

Pillar 4: Communicate effectively Communication is critical in ensuring that central banks can carry out their mandates effectively on a range of topics. These include: regulation and monetary policy, consumer protection, fraud and Anti-Money Laundering (AML), the national economic outlook, the financial sector’s outlook (for international agencies and global regulators), emerging technologies and innovation (for….

Policies 221
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PayPal Launches iZettle Food & Drink In The UK

PYMNTS

PayPal has launched its iZettle Food & Drink app, the point of sale (POS) platform for iOS to support food and drinks service in the U.K. The app was crafted to support the hospitality industry including restaurants, cafes and pubs for a fast and easy way to pay the check. England’s food and drink sector was one of the hardest hit by lockdowns. Sales fell by 87 percent from April through June.

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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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Connecting With Account Holders in Times of Crisis

SWBC's LenderHub

No one could have foreseen the unprecedented challenges that businesses and individuals have had to face this year. A global pandemic, nationwide shelter-in-place orders, school closures, mass event cancellations, and an uncertain economic future hit America all at once, creating an environment of anxiety that has both businesses and consumers scrambling to keep up.

America 158

More Trending

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A blue wave wouldn’t allow cannabis firms to accept card payments, but it would enable change

Payments Source

The upcoming U.S. election could move the cannabis industry closer to the mainstream, but legal dispensaries will still have to deal with workarounds to accept card or mobile payments.

Cards 158
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SPAC Investor Ackman In Limited Talks With Stripe For IPO

PYMNTS

Billionaire investor Bill Ackman said he's had preliminary discussions with Airbnb and Stripe , among others, about helping them to go public, Bloomberg reported. The process would involve them going through a merger with Ackman's blank-check company. Airbnb didn't get anywhere with Ackman before the popular home vacation rental app ended up seeking a traditional initial public offering (IPO), which it said it ultimately preferred to Ackman's method — although it hasn't ruled out a merger with A

Report 284
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Some digital payment innovators still see value in checks

Payments Source

Business-to-consumer payments are rapidly shifting to digital channels, replacing paper checks with a variety of instant-payment methods for gig work and corporate reimbursements.

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Helping FIs Separate The 'Reality Of Fraud Protection' From Perception

PYMNTS

The pandemic has pushed us to do all things digitally while opening up new vectors of attack. Those new avenues of fraud have leveraged hallmarks of the current pandemic — fears over public health and concerns about stimulus checks issued by the government — to snare unwitting victims. . . According to some estimates, as many as 22 percent of Americans have been impacted by COVID-related fraud. . .

Fraud 279
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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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Remote work makes weak passwords even weaker

Payments Source

While the pandemic will be over eventually, the consequences of poor cybersecurity practices will be here to stay, says Pindrop's Sarosh Shahbuddin.

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The Digital Payments Preferences That Cross The Generational Divide

PYMNTS

Cash will always have a place among consumers — but its use is dwindling. Only 26 percent of all consumer payments are made in the U.S. with cash — and consumers are even starting to ditch plastic cards. For financial institutions (FIs) and enterprises that seek to pivot to meet the growing demand for digital payments, observing and reacting to shifts in how different generations prefer to pay will be critical during the pandemic and beyond, according to Royal Cole , executive vice president, FI

Payments 262
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Colo. 'true lender' settlement is path forward for bank-fintech partnerships

Payments Source

The agreement between Colorado authorities, marketplace lenders and banks offers a way to structure partnerships without triggering the wrath of state regulators.

Colorado 118
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Smaller Treasury Banks Step Up As Corporates Push For Instant Payments

PYMNTS

COVID-19 didn’t suddenly make consumers realize it’s preferable to be paid out instantly instead of waiting three days for an ACH payment — or worse, two weeks for a check to arrive by mail. In a recent conversation, Lisa McFarland , executive vice president and chief product officer at Ingo Money , told PYMNTS CEO Karen Webster that real-time disbursements present a rare win/win.

Payments 245
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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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Covid-19 briefing: tracking economic variables in real time

BankUnderground

Joel Mundy During the current pandemic, economic variables have moved quickly and by large magnitudes. Given the publication lags for official data this has led to a greater emphasis on higher-frequency and/or more timely measures to track the economic impact of the pandemic and gauge the state of the economy in real time.

Data 108
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Bolstering The B2B Buyer's Online Experience

PYMNTS

When B2B commerce requires sales representatives, phone calls and fax machines, both purchasing and sales workflows can quickly get bogged down. Yet when market volatility reached an all-time high in the midst of the global pandemic, the process of calling up sales representatives to inquire about product availability became not just inefficient, but unsustainable.

Online 218
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TBT: Bank metamorphosis for fun and profit

Matt Wilcox Pro

You will doubtless agree that morphing beats going the way of the typewriter. The good news for banks is that morphing in a digital environment represents more than survival. It represents exciting opportunities to prosper in newer and bigger ways. The digital age has not rolled forth without casualties. Type-writers, maps, encyclopedias, calculators, film cameras, […].

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How Linking AP And AR Can Mitigate Supply Chain Volatility

PYMNTS

Today's market volatility has presented plenty of opportunities for the enterprise. When it comes to B2B payments and supply chain management , many of those opportunities have surfaced as a result of some troubling vulnerabilities that have come to light in the midst of the pandemic. Today, strengthening buyer-supplier relationships and optimizing B2B payments — in terms of collections as well as initiation — is critical to the financial health of any business.

Strategy 195
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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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Collinsville Bank (CT) Kasasa Cash Available Statewide

BankDeals

Collinsville Bank's Kasasa Cash offers a competitive rate and is available statewide in Connecticut and in three Massachusetts counties.

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How Payments Orchestration Can Help Firms Make The Digital Leap During The Pandemic

PYMNTS

The COVID-19 pandemic has prompted a worldwide surge in demand for digital commerce and content as consumers stuck at home search for new channels through which to make purchases and stream entertainment. Businesses are understandably following suit, adjusting their operations to cater to customers’ growing preferences for digital-first everything. Some firms are setting up websites for the first time, while others are enhancing their existing online channels by rolling out new payment features.

Payments 193
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How open source can help banks combat fraud and money laundering

BankInovation

Compliance with anti-money laundering and fraud standards, laws, and regulations is a familiar topic to financial institutions. After all, some of the rules and processes banks have had to deal with go back 20, 30, or even 40 years, including: The Bank Secrecy Act, passed in 1970, requires U.S. financial institutions and agencies of foreign […].

Fraud 90
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Hilton Times Square Closure Bruises NYC Tourism Rebound

PYMNTS

It sounds so nice they had to name it twice: New York, New York. These days, however, America’s biggest and arguably most vibrant city — a tourist magnet and concomitant revenue engine unmatched on the continent — is facing a long road to recovery. The venerable Hilton Times Square is the latest hotel casualty of COVID-19, announcing on Thursday (Sept. 3) that the 44-story, 478 room property, favored by Manhattan’s midtown and Broadway visitors ever since the 42nd Street district was reclaimed i

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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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Wells Fargo gets top marks for COVID-19 safety

American Banker

When it comes to branch cleanliness and mask-wearing, the San Francisco bank is more diligent than its rivals in helping to reduce the spread of coronavirus, according to a new study.

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Walmart To Require 98 Pct On-Time Shipments

PYMNTS

Walmart has issued a directive to suppliers to have on-time and in-full (OTIF) shipments 98 percent of the time or else they'll be fined, according to a report from Talk Business & Politics. Effective Sept. 15, suppliers not meeting those guidelines will be fined 3 percent of the cost of the goods. Most suppliers right now are meeting around a 70 percent rate of OTIF shipments, and Walmart's announcement gives them little time to adjust, with the Talk Business & Politics report saying th

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Building Fintech Brand Authority Through Earned and Owned Media

William Mills

Owned media includes anything that is produced and housed on the company’s own channels, including its website, emails or social media platforms. Typically, this encompasses all content marketing activities. Owned media is not only crucial for SEO , it also helps position the company as a helpful resource. Companies have complete control over their owned media, enabling them to pivot quickly to create content about trending topics or emerging pain points.

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Hitachi Capital Unveils Planning Initiative To Help SMBs

PYMNTS

To assist in creating a blueprint for businesses aiming to expand, Hitachi Capital Business Finance has rolled out its inaugural “Smart Business Planning” initiative that follows its ongoing pledge to help those who own small- to medium-sized businesses (SMBs), Process and Control Today reported. The launch occurs as British companies are not sure about the future and a number of firms are seeking to have their companies return to the black or continue to expand.

Capital 159
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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.