Perficient
JUNE 1, 2020
Often times, you may find yourself building a table to display a lot of data. In cases like this, you may want the headers of that table to “stick” to the top of the table so that you can still see the column header as your scroll through the table. An easy situation is to add “table-layout: fixed” to the tbody and thead tag.
Accenture
JUNE 1, 2020
The finance ecosystem—clients and employees, shareholders and stakeholders—is striving for purpose and sustainability. Environmental, social and governance (ESG) considerations are at the forefront of financial decisions, supported by the Sustainable Development Goals (SDGs) and increased awareness of the climate emergency. Sustainable finance is sometimes referred to as green finance, but it’s not just about reducing….
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Chris Skinner
JUNE 1, 2020
Things we’re reading today include … For all his woes, at least Sunak does not need to worry about stagflation | Larry Elliott Judge orders Barclays to hand documents to Amanda Staveley ahead of trial Shopper numbers surge 36% as lockdown in England relaxed Has the investment industry learnt from … The post Things worth reading: 2nd June 2020 appeared first on Chris Skinner's blog.
South State Correspondent
JUNE 1, 2020
PPP forgiveness is fraught with peril for bankers. Done the wrong way, and it will suck countless resources. Aside from having a good process and/or technology platform, having a marketing plan will be the difference between success and failure. If done correctly, an application can take 20 minutes to review and approve. If done incorrectly, that same application will take over three hours.
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.
Abrigo
JUNE 1, 2020
Key Takeaways CFOs have numerous considerations related to the impact of the coronavirus pandemic on the allowance for credit losses, whether it is calculated under the incurred-loss model or CECL. For lenders reporting under both the expected-loss and incurred-loss models, an increase in loan workouts or modifications may wind up as unwanted impacts on the allowance.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
South State Correspondent
JUNE 1, 2020
Loan growth is slowing for community banks, and credit spreads are widening. As is typical in economic cycles, recessions present an opportunity for healthy banks to thrive and for weaker banks to be whittled. Despite the flat and low yield curve, the current banking environment is a perfect recipe for healthy banks to win new, strong credit relationships, and increase loan profitability.
PYMNTS
JUNE 1, 2020
Food prices in the U.S. are higher than they have been in almost a half-century, thanks to disruptions in the supply chain, economic issues and spikes in viral infections. According to the Associated Press , prices spiked in April by 2.6 percent — a higher number than has been seen at any point in 46 years — and are likely to stay that way for the time being, according to the Labor Department.
Payments Source
JUNE 1, 2020
In addition to Apple and Google delivering smartphone apps that would alert users that they are near a person infected by the virus, various other government agencies and businesses are developing that type of technology to address the pandemic's spread.
PYMNTS
JUNE 1, 2020
Americans are known the world over for many things, but financial literacy isn’t one of them. We’re not known for being a nation of expert money managers. GoBankingRates offered up a six-question money quiz a bit back to the public to let consumers test their inherent knowledge of financial literacy and only about 3 percent of respondents managed to pass.
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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
Jack Henry
JUNE 1, 2020
Governance, Risk, and Compliance (GRC) is a strategy to effectively manage enterprise risk in order to achieve compliance with policies, laws, and regulations. In the financial industry, a GRC strategy aligns a financial institution’s (FI’s) organizational structure with the technology and processes that meet their business objectives. This strategy is influenced by the FI’s risk appetite statement and is often driven by the Chief Risk Officer, Information Security Officer or Enterprise Risk Man
PYMNTS
JUNE 1, 2020
Physicist Niels Bohr — or maybe it was ballplayer Yogi Berra — once said predictions are hard, especially the ones about the future. Any sudden shock to the system like we have observed with the pandemic exposes both vulnerabilities and opportunities, especially for payments. But as to where we are headed — well, that’s a bit tougher to divine. In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, bank
Payments Source
JUNE 1, 2020
While open banking is a fascinating movement poised to benefit consumers and spark significant innovation in financial services, the world must weigh convenience vs. risk and approach the inherent privacy and security concerns with caution, says Imperva's Terry Ray.
PYMNTS
JUNE 1, 2020
On the heels of the U.S. Mint’s decision to phase out production of pennies next year, a partner at Andreessen Horowitz, a California-based venture capital firm, said money will be digital by 2030, Bloomberg News reported. Kathryn Haun said cash is on its way out in the same way books and music have gone digital. Haun’s prediction is not surprising given the company’s effort to raise $450 million for Libra, a blockchain digital currency proposed by Facebook.
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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
Payments Source
JUNE 1, 2020
By targeting the API rather than scripting a form fill, bad actors are leveraging the same efficiency and flexibility that APIs provide developers, says Cequence Security's Matt Keil.
PYMNTS
JUNE 1, 2020
U.K. invoice insurance provider Nimbla is teaming up with the credit risk assessment firm Wiserfunding , according to a report in Crowdfund Insider on Friday (May 29). The partnership is a result of the launch of the FinTech task force Innovate Finance , which took place in March, the report said. The task force was looking to “offer an origination and underwriting platform that will allow banks, alternative lending platforms and private debt lenders to digitally allocate funding to businesses d
Payments Source
JUNE 1, 2020
In the U.K., many policy researchers predict that the economic fallout of the pandemic in the U.S. could change attitudes towards the idea of basic income on both sides of the Atlantic.
PYMNTS
JUNE 1, 2020
With curfews descending on some American cities due to violent clashes between law enforcement and protesters, Uber , Lyft and DoorDash have ceased operations during the curfew hours, CNBC reports. The protests have broken out in response to the killing of George Floyd, an unarmed black man, by a police officer in Minneapolis last week. The curfews came down as some of the protests erupted into violence.
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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.
Payments Source
JUNE 1, 2020
Western Union Co. is seeking to acquire rival money transfer company MoneyGram International Inc., according to a person familiar with the matter.
PYMNTS
JUNE 1, 2020
Carhops and drive-in restaurants are classic parts of the American dining experience immortalized by George Lucas’s 1973 debut film “American Graffiti,” although the carhop was already a dying institution by the film hit the silver screen. But with COVID-19 and social-distancing rules slamming sit-down restaurants, could the concept soon get a new lease on life?
Jack Henry
JUNE 1, 2020
Governance, Risk, and Compliance (GRC) is a strategy to effectively manage enterprise risk in order to achieve compliance with policies, laws, and regulations. In the financial industry, a GRC strategy aligns a financial institution’s (FI’s) organizational structure with the technology and processes that meet their business objectives. This strategy is influenced by the FI’s risk appetite statement and is often driven by the Chief Risk Officer, Information Security Officer or Enterprise Risk Man
PYMNTS
JUNE 1, 2020
Boston’s biotech industry raised more than $1.5 billion in venture capital funding in May, BostInno reported. Among the handful of startups to benefit from funding include Amwell, a Boston-based telemedicine company, that raised $194 million in Series C funding as some doctors treat patients by video messaging; Atea Pharmaceuticals, a Boston-based developer of therapies for viral diseases that raised $215 million in Series D funding; and Lowell startup Rapid Micro Biosystems, a provider of micro
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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.
Banking Exchange
JUNE 1, 2020
Major appointments this month involved Discover, Wells Fargo, JP Morgan Chase, Sterling Bank & Trust, Pacific Mercantile Bank, Home Bank and Fifth Third Bank Performance Management Feature Financial Trends Human Resources Feature3.
PYMNTS
JUNE 1, 2020
Google issued a stark warning last week about the state of cybersecurity: Phishing attacks are on the rise and continue to take advantage of vulnerabilities resulting from the global pandemic. The warning coincided with separate reports related to Google and cybersecurity. Security experts are warning that phishing attackers are using Google Firebase storage URLs in an effort to trick targets into harvesting sensitive data.
Banking Exchange
JUNE 1, 2020
Payments firms Paiblock and ACI Worldwide have launched new services for banking customers to help them adapt to a post-COVID-19 world Payments Feature Financial Trends Feature3 Fintech Covid19.
PYMNTS
JUNE 1, 2020
The global pandemic has created public health and economic uncertainty on a scale not seen in a generation. It has also motivated the great digital shift across all pillars of the global economy, including an almost unanimous move on the part of the business payments ecosystem to embrace modern, digital payments systems at a pace not seen in decades.
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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.
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