Tue.Jun 23, 2020

article thumbnail

Don’t Miss Out! Join Us at Google Cloud Next ’20: OnAir

Perficient

Experience cloud at its best during Google Cloud Next ’20: OnAir , July 14 – September 8, 2020. During this 9-week event, a new topic will be covered each week, complete with virtual breakout sessions and solution keynotes. Sign in every Tuesday at 9AM PT to discover new on-demand content, demos, success stories, consult with experts, and more. Join Cloud Study Jams for certification preparation, technical insights, and games.

Google 515
article thumbnail

The world’s best banks, according to Forbes

Chris Skinner

Forbes just launched a list of the world’s best banks, based upon a survey of over 40,000 consumers in partnership with Statista. I’m always wary of such surveys as, like influencer lists, they often reflect the world they want and miss a lot of what’s really happening. Nevertheless, there are some … The post The world’s best banks, according to Forbes appeared first on Chris Skinner's blog.

Survey 476
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mastercard acquires Finicity for $825M

Payments Dive

Mastercard is buying Finicity in an $825 million agreeement that is aimed at enhancing the company's open banking presence in North America.

America 418
article thumbnail

Things worth reading: 23rd June 2020

Chris Skinner

Things we’re reading today include: Dear Monzo, Starling and co; We’re still a long way off the perfect neobank Wirecard crisis looms large over Europe’s fintechs How banks are planning to bring staff back to the office Big tech expected to shake up wealth management industry The new face at … The post Things worth reading: 23rd June 2020 appeared first on Chris Skinner's blog.

Fintech 399
article thumbnail

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

article thumbnail

Avoiding Nuisances of Special Characters in Argus Safety

Perficient

Special characters are useful and sometimes necessary for accurate interpretation of the content specifically for medical terms in PV cases. However, not all special characters are welcome in Argus Safety. If used, they have their own nuisances. Below are a few examples of irritating outcomes when special characters are introduced and the best practices to avoid the impact.

Examples 332

More Trending

article thumbnail

Building Better B2B Commerce Experiences with CPQ

Perficient

What is CPQ? In the B2B industry, complicated products and a large catalog can make providing a quote a lengthy process, often generating inaccurate product configurations and quotes. The same order may vary in price depending on factors like your relationship with the client, the promotions you’re offering, product bundles, accounts with recurring orders, and more.

article thumbnail

Wirecard’s Former CEO Markus Braun Arrested

PYMNTS

Ex-Wirecard CEO Markus Braun was arrested Monday night (June 22) in the latest chapter that has rocked the German payment services provider, the Financial Times reported. Braun surrendered to Munich prosecutors after a judge issued a warrant as prosecutors investigate an accounting scandal that centers on a missing 1.9 billion euros ($2.1 billion), prosecutors confirmed on Tuesday.

Fraud 318
article thumbnail

Game on: The Gaming Opportunity Unraveled

Payments Dive

Video Games and eSports or “Gaming” isn’t the domain of just the young any longer, with a much broader demographic getting on the bandwagon with new advancements in mobile connectivity, hardware and experiences.

Video 348
article thumbnail

Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. In the U.S., The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments. And when it comes to legacy rails, the U.S.

Fraud 266
article thumbnail

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

article thumbnail

Customer Support at Abrigo Provides Peace of Mind

Abrigo

Key Takeaways The Abrigo Assurance Plan was created to make sure your BSA/AML software is running at its most efficient. Throughout your journey with Abrigo, you will have a team dedicated to your success. Learn from your peers and hear what problems they are dealing with in our Abrigo Community, exclusive to our customers. Community financial institutions are often tasked with doing more with less.

Software 195
article thumbnail

MoneyGram Teams With Korean FinTech To Boost Digital Growth

PYMNTS

Money transfer company MoneyGram International Inc. has partnered with Global Money Express Co. Ltd., (GME) one of the largest payment financial technology companies in South Korea, according to a Tuesday (June 23) announcement by MoneyGram. The partnership allows GME customers to connect with MoneyGram’s distribution network in more than 200 countries, MoneyGram said.

Fintech 250
article thumbnail

Square’s withholding practice is an alarm for all payment facilitators

Payments Source

Square has begun holding onto a portion of some sellers’ payments, demonstrating how liquidity shortages challenge the recovery for both businesses and the companies that process their payments.

Payments 174
article thumbnail

Flywire Launches Charitable Foundation To Foster Equality For The Underrepresented

PYMNTS

Flywire is looking to offer four scholarships to students from underrepresented areas or backgrounds studying medicine, global health and social justice, a press release from the vertical payments company says. The applications for the scholarships are available through July 31 for any undergraduate or graduate students. The scholarships are directly related to the main stories in the world for the past several months.

Study 249
article thumbnail

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.

article thumbnail

Asset managers to increase regulatory outsourcing

Bobsguide

Regulatory hurdles remain the greatest challenge for asset managers, who will look to outsource compliance burdens as the pandemic eases according to research. The study, conducted by Northern Trust in the first quarter of this year, found that 50 percent of asset managers cite the.

article thumbnail

i2c Partners With Credit Sesame For Enhanced Money Management Services

PYMNTS

Digital payment and open banking firm i2c has announced its partnership with Credit Sesame ‘s Sesame Cash , which will give more customers the option to use Credit Sesame’s money management services, according to a press release. The integration of i2c will allow Credit Sesame customers to set and control the card, banking and payments programs on the platform and have more control over their money and spending via personalized features, which the banks hope will appeal to peopleR

article thumbnail

Coronavirus has upended payments, and fintech investing

Payments Source

Micro-investing apps that can enable payments, savings management and investment all in one place will gain favorable consideration from investors and consumers alike, says Naples Technology Ventures' Tom Hogan.

Payments 156
article thumbnail

German Finance Minister Calls For Regulatory Reform Amid Wirecard Scandal

PYMNTS

Hours after Wirecard AG’s former CEO was arrested, German Finance Minister Olaf Scholz said lawmakers must tighten regulations because the payment services company has embarrassed the nation’s financial watchdog, Reuters reported. . “It appears that neither auditors nor regulators were effective here,” Scholz told the news service. “(It) raises critical questions about supervision of the company, in particular with regard to accounting and balance sheet control.” .

article thumbnail

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.

article thumbnail

Prepaid corporate cards find new role in coronavirus aid

Payments Source

The spending and account management capabilities of corporate prepaid cards have been given new purpose in a pandemic-struck world dependent on government and charity aid.

Cards 132
article thumbnail

Bitcoin Daily: Binance Defeated In Australian Domain Name Case; Former Shopin CEO Mandated To Pay $450K; UnionBank Of The Philippines Rolls Out Remittance Counters With Coin.ph’s Help

PYMNTS

A florist in Australia named Binancé has purportedly won a domain name disagreement with Binance , the digital currency exchange, Decrypt reported. Binance has been in dispute with the florist as of the middle of April. Lawyers for the firm reportedly contended that the Binance trademark has been registered in the country as of Nov. 21, 2018, but that the florist registered the domain name on Oct. 27 of last year.

New York 220
article thumbnail

Former Wirecard CEO Braun arrested over missing cash scandal

Payments Source

Wirecard AG’s former chief executive officer was detained by Munich prosecutors after 1.9 billion euros ($2.1 billion) went missing from the digital-payment company, in a scandal that has rattled Germany’s financial industry.

Industry 117
article thumbnail

Singapore’s TiffinLabs To Launch 1,000 Smart Kitchens For Food Delivery

PYMNTS

Singapore-based foodtech company TiffinLabs has acquired access to more than 1,000 kitchens across the U.S., Europe and Asia, which it intends to use for a new network of smart kitchens, according to a press release. TiffinLabs opened in early 2019 and is operating some kitchens in Singapore, including digital-first restaurant brands Publico Pastabar and Hureideu – Korean Fried Chicken.

article thumbnail

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.

article thumbnail

Cash equals freedom and freedom equals cash.

ATM Marketplace

Blogger Richard Buckle looks into the issue of the freedom we have with cash. Do we still have it? Can we keep it? Or is cash going out of style?

131
131
article thumbnail

German Court Orders Facebook To Stop Data Collection

PYMNTS

The German Federal Court has ordered Facebook to comply with an order from the country’s antitrust regulator and stop data collection of users in the country, Reuters reported Tuesday (June 23). The ruling is a setback for the U.S. social media giant, which also could set a precedent for the future, with Germany being the first country to explore whether or not data dominance is an antitrust issue.

Data 209
article thumbnail

Managing A Credit Card On A Low Income

BankBazaar

If you aren’t earning much, you’ll have to be a little careful with your Credit Card. It’s a bit tricky, but keeping a few things in mind will see you through. That’s where we come in. Remember that this little piece of plastic will work wonders in building your Credit Score (if managed properly). You may well be in a good position to secure bigger loans in the future (Car Loan, Home Loan ), thanks to your Credit Card.

Cards 148
article thumbnail

Instagram Shopping Platform Will Open To Wider Array Of Businesses

PYMNTS

Instagram has taken what could be a big step toward expanding access to its shopping platform at a time when rivals of the Facebook subsidiary are moving broaden and diversify their own revenue streams. In a Tuesday (June 23) press release , the company said it will be opening up Instagram Shopping to a wider array of businesses, including Instagram creators who have products or other offerings to sell.

article thumbnail

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.