Tue.Nov 10, 2020

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The benefits of Click to Pay

Payments Dive

Jed Danbury, vice president at Computop, a global payments service provider, explains the benefits of using Click to Pay

Payments 448
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Will Customer Experience Ever Rule the World?

Perficient

I talk with a lot of companies who want to up their game in delivering a better customer experience. Yet, I’m always struck by the impediments companies always put in front of themselves that negatively affect that experience. “We can’t do that because…” is always the first part of a long set of internal issues that we just can’t seem to overcome.

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FinCEN Offers New Advisory on Human Trafficking

Abrigo

Key Takeaways FinCEN has issued a new advisory in identifying and reporting human trafficking, supplementing its 2014 guidance. In addition to the original 10 red flags in the 2014 guidance, FinCEN identified 10 more indicators FinCEN noted ten behavioral indicators FIs should be aware of. The Financial Crimes Enforcement Network ( FinCEN ) has issued a new advisory on identifying and reporting human trafficking, supplementing its 2014 guidance.

Lending 329
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Essential Question for Healthcare: Why Redesign Your Website?

Perficient

For the vast majority of hospitals, a redesign is triggered by three events: An organizational-wide rebrand or rename. Acquisition or merger with another entity. Annual funding cycle catches — e.g. “it’s been too long” or “we’ve asked two budgets ago”. However, this funding decision is just the starting place. Your website is the first — and sometimes only — experience most people have with your system.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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Zest AI CEO: Artificial Intelligence Is Reshaping Lending and Credit

PYMNTS

The use of artificial intelligence (AI) and machine learning (ML) isn’t some futuristic idea. It’s here now and being used to make good banks better — whether to eliminate discrimination in lending decisions, add stability to existing screening systems or drive loan growth and profits. “It’s not an idea, it’s not a postulate. It is a fact — and we can prove it,” Zest AI CEO Mike de Vere told PYMNTS in a recent interview.

Lending 345

More Trending

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Digital power for middle market banks

Accenture

When it comes to digital, middle market banks want what the big banks have. But they assume it’s out of reach. The refrain I hear from leaders goes something like this: “I’d love to be more digital, but we don’t have a big bank sized technology budget.” Banks go so far down the rabbit hole…. The post Digital power for middle market banks appeared first on Accenture Banking Blog.

Marketing 312
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How to Deploy Your Local SQL Database on Azure SQL

Perficient

I will be going over how you can export your local SQL Database to Azure SQL within SSMS. If you have not created your SQL server and database on Azure, here is a tutorial I found on Youtube that guides you through the process. Open your SQL Sever Management Studio and enter the Azure SQL server name from above and the credentials you have configured for the server.

How To 309
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i2c President Says Blockchain Will Unlock Cryptocurrency

PYMNTS

Cryptos are having a moment. Scan the headlines over the past few weeks and cryptos, well beyond the marquee bitcoin, are making inroads into mainstream consumer and business activities. PayPal is opening its network to allow consumers to shop using cryptocurrency. Square bought $50 million of bitcoin. J.P. Morgan said late in the month that it has gone live with JPM Coin.

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How to Transform Finance with a Unified Platform for Planning, Reporting and Analytics [Webinar]

Perficient

Today’s uncertain environment has caused the Office of the CFO to think outside typical business parameters and seek investments in finance capabilities that enable the bold moves needed to become more agile during times of ambiguity. The first step in becoming a more agile finance organization requires transforming the people, processes, and technologies.

How To 309
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New York Lien Law Essentials: 5 Key Facts for Commercial Lenders

Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.

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Volante: Banks Must Look Beyond Speed With Real-Time B2B Payments

PYMNTS

Real-time payments aren’t just an opportunity for consumers to send and receive money more quickly. Interest in faster payments is also on the rise for corporates, though their adoption of real-time payments won’t look the same as it does in the B2C world. For financial service providers, instant payments offers a chance to open up new revenue streams and develop new services for corporate clients.

Payments 294
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CPM Data File Batch Functionality

Perficient

Both OneStream and Oracle EPM cloud provide the data file batch functionality to load the data. The common ground is that they both need a specific file name format, others are different. For OneStream, here are the steps: Create batch processing extender business rule. Batch file processing is executed by creating an Extender Business Rule that calls the OneStream API function Utilities.ExecuteFileHarvestBatch.

Data 309
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Augmented Reality Adds 3D Technology To Boost Retail Conversions

PYMNTS

Nothing counters disruption like another disruption. Take weddings, for example. Before the pandemic, the fitting for the bride and bridesmaids was a happy social event at a bridal shop, maybe over a shared bottle of prosecco. Then COVID hit, and now masks and social distancing have made wedding planning an entirely different experience. David’s Bridal has countered that disruption with another disruption: augmented reality (AR).

Retail 261
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Q&A: Perficient Chairman and CEO Talks Recent Appointment to St. Luke’s Hospital Board of Directors

Perficient

Following his recent appointment to the board of directors of St. Luke’s Hospital, a faith-based, nonprofit healthcare provider headquartered in St. Louis, I chatted with Jeff Davis , Perficient Chairman and CEO, about the distinction and his goals for working with the healthcare provider. Jeff, thanks for the time. A Board of Directors appointment is an honor.

St. Louis 294
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Lyft’s Sequential Revenue Rise Driven By Growth In Active Riders

PYMNTS

Lyft reported on Tuesday (Nov. 10) as part of its third quarter earnings results that active riders had risen to 12.5 million from 8.7 million in Q2 on the heels of a major regulatory victory for the gig economy. On Nov. 3, California passed Proposition 22 , which lets app-based firms like Lyft, among others, categorize workers as contractors instead of as employees.

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U.S. Bank aims to beat fintechs by digitizing supplier payments

Payments Source

As the pandemic transforms the way corporations pay suppliers, many banks are watching nimble fintechs rush in with streamlined solutions customized for remote workforces. U.S. Bank didn’t want to risk getting cut out of that equation.

Fintech 154
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Alacriti, Glia Team Up To Offer Banks Digital Customer Service On Payments

PYMNTS

Payments FinTech Alacriti has announced a partnership with Glia , which works in digital customer service, for new customer service options for payments needs, according to a press release. The partnership, according to the release, will let financial institutions (FIs) use Ella, Alacriti's payments-based artificial intelligence (AI) chatbot, in Glia's customer service program.

Payments 246
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Pfizer vaccine benefits card brands, but recovery is still a long road

Payments Source

Even given the huge jump in digital transactions from e-commerce, card brands are holding out for COVID-19 vaccines as a path out of the payment declines that have accompanied 2020’s health and economic crises.

Branding 148
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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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London FinTech SumUp Gets Digital Money License From Irish Central Bank

PYMNTS

Global payments startup SumUp announced it has been granted a new electronic money (eMoney) license from the Central Bank of Ireland. Gareth Walsh , chief executive officer for SumUp Ireland, said small firms are the backbone of a strong economy and getting a license “during this critical time” amid the ongoing pandemic lets the firm continue “to empower those small businesses” and help them thrive. .

Fintech 245
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Four Types Of People Who Should NOT Get A Credit Card

BankBazaar

Credit Cards are absolutely great. But are they for everyone? Here are four types of people who should think twice before getting a card. *Published first in 2016. The post Four Types Of People Who Should NOT Get A Credit Card appeared first on BankBazaar - The Definitive Word on Personal Finance.

Cards 148
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Apple Introduces Suite Of Faster Mac Products

PYMNTS

Apple , in what a company press release calls a "momentous" day on Tuesday (Nov. 10), has rolled out the "next generation" of Macs, including a new MacBook Air, a 13-inch MacBook Pro and a Mac Mini powered by the M1 chip specifically designed by Apple for the Mac. According to Apple, the M1 is the most powerful chip the company has made so far, with high performance per watt.

Apple 235
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Interac, Walmart Canada partner to expand debit in digital shopping

Payments Source

The Interac debit network is expanding online and in-store options for Walmart customers throughout Canada, looking to have new technology in place by spring of 2021.

Online 143
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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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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. “The combined Bluefin/PAAY solution set is as close as we can get to a silver bullet in payment security for eCommerce transactions,” Ruston Miles , co-founder and chief strategy officer at Bluefin, said in a statement on Tuesday (Nov. 10). .

Security 233
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U.S. Bank responds to fintechs by digitizing supplier payments

Payments Source

As the pandemic transforms the way corporations pay suppliers, many banks are watching nimble fintechs rush in with streamlined solutions customized for remote workforces. U.S. Bank didn’t want to risk getting cut out of that equation.

Fintech 136
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New Main Street Business Plans Restart Optimism In Post-COVID Picture

PYMNTS

The late Roy Ash , financial advisor to U.S. presidents and instrumental in establishing the government’s Office of Management and Budget (OMB) is quoted as saying, “An entrepreneur tends to bite off a little more than he can chew hoping he’ll quickly learn how to chew it.”. Get a pack of gum for chewing practice, because Ash’s aphorism is being mightily tested.

Maine 227
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The future of money

ATM Marketplace

What is the future of money? ATM Marketplace interviewed William Budde, Vice President, Product Marketing for Hyosung America to hear his insights and the company’s ideas on future of money.

ATM 126
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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.