Wed.Jul 29, 2020

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Going Beyond Recovery: Virtual Event for Healthcare Providers on August 11

Perficient

If you could turn back time, before COVID-19, what would you do differently? How would you ready your health system? Or what do you wish that you’d known or put into place? Come join us for an exclusive virtual event for healthcare providers, featuring top industry experts from Salesforce, Perficient and The Chartis Group, on Tuesday, August 11.

Groups 537
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When the banks closed, no-one cared

Chris Skinner

A great headline posted in The Financial Times the other day: When the banks closed in Wuhan, nobody cared The Financial Times article makes clear how advanced the Chinese economy is today. For several months this year, banks across Hubei province, an area home to 60 million people, shut their … The post When the banks closed, no-one cared appeared first on Chris Skinner's blog.

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4 Secrets To Compromise Time & Build A Superior Team

Perficient

Time is a constant adversary in project and task management. Managers are often inundated with a performance quandary. Execute a series of tasks that they can easily complete in a manner of minutes. Or delegate these tasks to another person and take more time and effort in the process. The balance between completing these quick tasks or training someone else to perform them is a struggle all managers face.

Training 371
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Things worth reading: 30th July 2020

Chris Skinner

Things we’re reading today include … Barclays: We want our people back in the office FCA raps brokers over ‘inappropriate’ use of clients’ assets Barclays profits plunge as it puts aside £1.6bn for Covid-19 defaults Federal Reserve warns of continuing need to protect US economy Billionaire ordered to pay £270m … The post Things worth reading: 30th July 2020 appeared first on Chris Skinner's blog.

US 286
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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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[Guide] Digital Health Jump Starts: Build Payor/Provider Resilience During COVID-19

Perficient

COVID-19 appears certain to be a long-term challenge, with successive, overlapping waves of surge and retreat. Healthcare providers and payors remain immersed in the pandemic. Deaths and hospital admissions are well above normal levels, requiring emergency response measures to manage and care for thousands of patients. Many questions, nuanced by geographic and demographic considerations remain: How will we prioritize care and recover revenue?

Meeting 365

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Easy Email Integrations with Perficient’s Email Connector for Twilio Flex 

Perficient

Twilio Flex , Twilio’s cloud-based contact center platform, offers the ability to create a truly omnichannel customer service experience. In addition to voice-based tasks, messaging channels such as SMS, live web chat, and WhatsApp can be easily integrated into the same Twilio Flex environment. . Although email is not a native digital channel in Twilio Flex, our team of Twilio experts have created the Email Connector for Twilio Flex.

Video 348
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Payments And Platforms Play Well Together

PYMNTS

As virtual marketplaces displace (and replace) the physical variety at a dizzying pace, payments speed and security are paramount concerns. When transactions and payments occur cross-border, those concerns are doubled. Companies want and need more visibility into cross-border payments, and with the blastoff of eCommerce in 2020, those needs grow daily.

Payments 269
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[Webinar Recording] Automate the Coding of Drug Names With WHODrug Koda

Perficient

On July 23, 2020, Caz Halsey, Director, Life Sciences, Perficient, and Damon Fahimi, Product Manager, Uppsala Monitoring Center, hosted a webinar that discussed WHODrug Koda and how it can be integrated with other systems using an application developed by Perficient. The topics covered include: WHODrug Global and Drug Coding Background. An Introduction to WHODrug Koda.

Course 309
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Next-gen central banking | Pillar 3: Drive efficiency

Accenture

Pillar 3: Drive efficiency In our introductory report, we noted that it is crucial for central banks to drive efficiencies in a range of areas, both externally (to ensure a vibrant and resilient financial services sector) and internally, to ensure that central banks can deliver the relevant services to the industry in an agile and…. The post Next-gen central banking | Pillar 3: Drive efficiency appeared first on Accenture Banking Blog.

Industry 221
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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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BoA Expands Mobile Wallets To EMEA, APAC Corporate Clients

PYMNTS

Bank of America (BoA) has expanded its mobile wallet use to include corporate customers in the Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) regions, hoping to enhance clients’ experiences through faster and more secure business transactions, according to a press release. In 2018, BoA launched digital wallets in the U.S. and Canada.

Mobile 247
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Options Technology COO: Weâ??re a bridge between the public and private clouds

Bobsguide

As the pandemic caused an unprecedented market disruption, hedge fund liquidation surged in the first months of the crisis. Stevie Morrow, chief operating officer at Options Technology – a company that delivers full technology solutions to hedge funds and asset managers – explains how.

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B2B Payments’ Pivot To Digital

PYMNTS

“Fundamental changes to the B2B payments landscape are taking place today, faster than ever before, helping the ecosystem eliminate inefficient B2B payments processes.”. Access to capital hasn’t been this tight since the market meltdown of 2008, so motivated players are finding better, faster ways of moving B2B funds especially. “Today, visibility and speed of paying suppliers — and getting paid — are critical for businesses,” said Kevin Phalen , global head of Visa Business Solutions at Visa.

Payments 245
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Pandemic gives U.S. Faster Payments Council role of easing digital transitions

Payments Source

The agency's voice carries even more weight in light of the coronavirus pandemic, which has hastened the transition to digital and remote payments.

Payments 129
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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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Advancing With Collaboration, Cooperation And Innovation

PYMNTS

“Digitization has helped support remittance market continuity in the face of reduced mobility. We also believe money transfers relying on informal or unregulated routes are converting to formal money transfers, and may even help stabilize the market as travel restrictions likely remain.”. Markets are seeking stability, though not necessarily finding it, as business essentially “feels” its way forward in a bizarre, post-pandemic topography.

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ISO's standards can bridge post-coronavirus international payments

Payments Source

One way banks can prepare for a smooth cutover to new standards is by implementing a core banking / payment solution that uses ISO 20022, says Infosys Finacle's Peter Ryan.

Payments 122
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The Latest Digital Fraud Prevention Technique: Build A Selective Lock

PYMNTS

When one stops to consider how fast merchants pivoted to offer their consumers digitally-enriched shopping journeys and how many things customers can do now that they couldn’t as recently as January, it’s pretty staggering. That would be terrific news, Kount Chief Customer Experience Officer Rich Stuppy told PYMNTS in an interview, except for one thing: fraudsters love seeing consumer-centric innovations because those present fresh access points for ill-gotten gains.

Fraud 216
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Optimising the path to digital payments in the US

Bobsguide

The US payments landscape is in the midst of significant change. A spark of new capabilities – comprising existing payment rails introducing new developments, the dawn of real-time payments and the emergence of innovative overlay services – is transforming the entire payments ecosystem.

US 107
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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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Strong Venmo and QR Code Payments Growth Help PayPal Score Record Q2 Earnings

PYMNTS

In an earnings season defined by diminished expectations amid the worldwide economic shutdown, PayPal not only beat analysts’ expectations Wednesday (July 29) but enjoyed a record quarter. And the company credited its Venmo peer-to-peer (P2P) payments platform and QR code-based contactless-payments system for a big part of that success. “In the midst of the COVID-19 pandemic, digital payments have become more important and essential than ever,” CEO and President Dan Schulman said in announcing

Payments 212
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Turning deliveries into digital payments, Latin America's Rappi eyes international growth

Payments Source

On-demand delivery service Rappi is leveraging its huge customer base to provide financial products to Latin American consumers through partnerships and joint ventures with fintechs and banks.

America 116
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Almost Half Of Wirecard’s Debt Stemmed From SoftBank’s $1B Investment

PYMNTS

SoftBank Group Corp. , the Tokyo-based multinational conglomerate that owns stakes in technology and finance companies, invested $1 billion in Wirecard AG last year in a move that quieted questions about the German payment processing firm. Today, Wirecard is fighting to survive as German prosecutors allege that the company’s inflated balance sheet allowed it to raise 3.2 billion euros ($3.7 billion) in debt leading up to its declaration of insolvency last month.

Groups 191
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Amid a crisis, PayPal has best its quarter since its IPO

Payments Source

As the coronavirus pandemic wreaked havoc on the economy, there were few bright spots. PayPal is one of the brightest.

Online 128
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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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Shopify’s 2Q Earnings Illustrate Growing Digital Shift For Merchants, Shoppers

PYMNTS

Shopify reported second-quarter earnings on Wednesday (July 29) that demonstrated the growing digital shift for consumers, with the company recording a dramatic increase in both the number of stores on the platform and consumer spending at those stores. By the numbers, total revenue came in at $714.3 million, a 97 percent increase from 2019. Gross merchandise volume (GMV) also grew 119 percent, accelerating in April and May and decelerating in June and July.

Retail 181
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Investors 'double down' on Remitly, driving value to $1.5B as coronavirus propels mobile remittances

Payments Source

Remitly has raised $85 million in its latest fundraising round, valuing the company at $1.5 billion as the COVID-19 pandemic drives consumers to increasingly send remittances digitally.

Mobile 109
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The Coming World Of Going To The Movies … In Your Living Room

PYMNTS

In a massive reversal of its previous policy, theater giant AMC Entertainment Holdings has reached agreement with Universal Studios to allow the studio to release films to premium video-streaming services after just 17 days of play in cinemas. The deal signals a massive sea change to a longstanding policy that had required studios to play films on the big screen for at least three months before making titles available to home viewers.

Video 174
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Engineers are the stars of the new payments world

Payments Source

As more payment enterprises embrace the ecosystem model, we will continue to see a shift towards composable and dynamic operations flows supported by an engineering-first approach and a smart digital core, says Mphasis' Andres Ricuarte.

Payments 102
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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.