Payments Dive
SEPTEMBER 25, 2020
With over twenty years of experience in information security, Ameet Naik, an expert in digital security, explains what digital skimming is and how it can hurt your clients and your business.
PYMNTS
SEPTEMBER 25, 2020
Digital dollars could make the leap from concept to reality, but there might be a few ways to get there. Cleveland Federal Reserve President Loretta Mester said in a speech this week that a digital dollar could conceivably be a form of money transfer that would enable the Fed to disburse money to all individuals in America. Her speech, entitled “Payment and the Pandemic,” included a section on digital currencies.
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Perficient
SEPTEMBER 25, 2020
Recently, we had the need for an authoring experience where, an author can re-order a list of fixed tabs to their desired order. The only Granite widget that allows drag-n-drop ordering is the multifield, but we don’t need a multifield, we just wanted the ability to order a fixed list. An Existing solution. ACS Commons has this Draggable Lists Widget but I did not want to include ACS commons just for that widget.
Accenture
SEPTEMBER 25, 2020
This year, banks have needed to innovate at unprecedented speed and scale to navigate the choppy waters of the COVID-19 crisis. In the Accenture Banking Technology Vision for 2020—our annual review of emerging IT developments that will have the greatest impact on banks in the coming years—we identify some of the dangers and opportunities emerging…. The post Banking Tech Vision: Innovating at speed and scale appeared first on Accenture Banking Blog.
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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
Perficient
SEPTEMBER 25, 2020
2020 has offered us some big surprises that I don’t think any of us could have predicted. The most obvious one I won’t waste breath mentioning, but the other surprise that came up near the end of 2019 as we looked to kick off a new decade was Episerver’s acquisition of Insite. With this acquisition, there have been many elements I’ve looked forward to seeing unfold, one of which is the introduction of Spire CMS to Epi’s newly created B2B Commerce Cloud platform.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Perficient
SEPTEMBER 25, 2020
Elasticpath is a market leader for headless commerce microservices and are great partners. Search driven commerce has extreme value for online retailers. Search drives customers to better recommendations. It tracks the conversions and query terms that translate to more sales. With machine learning, search quantifies the search results that translate directly to sales.
PYMNTS
SEPTEMBER 25, 2020
PayPal Holdings Inc. provided $5 million in grants to support Black-owned businesses in the U.S. recovering from the economic impact of COVID-19 pandemic, the company announced Friday (Sept. 25). The grants are part of the San Jose, California-based worldwide online payments system’s $530 million pledge made earlier this year to strengthen minority communities and fight for economic equality and racial justice.
Perficient
SEPTEMBER 25, 2020
Ecommerce has revolutionized the way businesses in every industry operate and provides endless possibilities to expand sales channels, grow revenue, and elevate the customer experience. But with digital growth comes new complexities, and many companies are missing out on the benefits of ecommerce due to manual, rule-based order management processes.
PYMNTS
SEPTEMBER 25, 2020
Remote healthcare firm Hims Inc. is getting close to an arrangement to go public via a merger with special purpose acquisition company (SPAC) Oaktree Acquisition Corp., Bloomberg reported, citing unnamed sources, at a time when the SPAC model has become more popular. The arrangement could bring a valuation of approximately $1.6 billion for Hims, according to unnamed sources in the report, who noted that Oaktree is in discussions with investors to bring in approximately $75 million to assist in p
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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 Dive
SEPTEMBER 25, 2020
While merchants will not be ditching card terminals anytime soon, they should take notice of the growing adoption of digital payments.
PYMNTS
SEPTEMBER 25, 2020
Dining out has taken on new meaning in New York City. Mayor Bill de Blasio told WNYC that outdoor dining will be allowed year-round, amNewYork reported. Open Street, the city program that closes street blocks to vehicular traffic, will also be permanent. “I want us to go for the gold here,” the mayor told the public radio station. “I really want us to take this model and make it a part of the life of New York City for years and generations to come … I really think it’s going to help restaurants
Payments Source
SEPTEMBER 25, 2020
As the coronavirus pandemic has driven more people to work from home and shop online, the demands on digital, faster payment systems have been heightened — as have the opportunities for fraudsters to exploit them.
PYMNTS
SEPTEMBER 25, 2020
In today’s top payments news around the world, international FinTech firm EBANX and Visa have grown their partnership, while Delivero is reportedly the latest startup to consider going public. Plus, Ant Group has rolled out its Trusple blockchain platform. Visa, EBANX Grow Partnership For Commerce In Brazil. EBANX and Visa said they have expanded their strategic collaboration sealed by a participation agreement with Visa do Brasil for Visa's Money Transfer Merchant Program.
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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
SEPTEMBER 25, 2020
For invisible payments to gain mass consumer adoption, there are several cultural and logistical barriers that retailers and the payment industry must consider first, says PPRO's Matt Jackson.
PYMNTS
SEPTEMBER 25, 2020
It’s the end of another work week, and the PYMNTS Weekender is here to catch you up on the latest news. We have deep dives on the financial health of Main Street small and medium-sized businesses (SMBs), digital accounts payable (AP), and GoodRx ’s initial public offering (IPO). . News. GoodRx’s IPO Shows Disruption Could Be The Cure For Costly Prescriptions .
BankInovation
SEPTEMBER 25, 2020
Contactless payments are here to stay in the post-COVID world, according to recent data from Amex, but cash’s staying power may hinder banks from fully realizing the efficiencies of digitized payments. Meanwhile, Bank of America filed a record 415 patent applications during the first half of 2020, with a clear focus on AI and machine […].
PYMNTS
SEPTEMBER 25, 2020
Apple has temporarily suspended its usual 30 percent assessment on fees users pay to small businesses that host what Facebook calls “Paid Online Events,” The Verge reported Friday (Sept. 25). Facebook launched Paid Online Events to give small businesses a way to make money after COVID-19 made selling tickets impossible. The social media giant also told customers through its app about Apple’s 30 percent assessment on fees — a move Facebook executives said drew the ire of their Apple counterparts.
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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.
BankInovation
SEPTEMBER 25, 2020
The European Union is weighing legislation that could force Apple Inc. to open iPhone payment technology to competitors. The potential rules would grant other payment services a right of access to infrastructure such as near-field communication technology embedded in smartphones, the European Commission said Thursday, confirming a Bloomberg report last week.
PYMNTS
SEPTEMBER 25, 2020
New York City might shutter nonessential businesses in multiple districts and prohibit groups of over 10 individuals, city officials cautioned, The Wall Street Journal reported. The warning come as city leaders said on Friday (Sept. 25) that they would engage in stronge steps to stop a dramatic increase in COVID-19 cases in Queens and Brooklyn. New York has given the locations up to the night of Monday (Sept. 28) to make improvements in social distancing and the use of face masks as well as expe
BankInovation
SEPTEMBER 25, 2020
Contactless payments are here to stay in the post-COVID world, according to recent data from Amex, but cash’s staying power may hinder banks from fully realizing the efficiencies of digitized payments. Meanwhile, Bank of America filed a record 415 patent applications during the first half of 2020, with a clear focus on AI and machine […].
Bobsguide
SEPTEMBER 25, 2020
Organisations in every sector are under pressure to do more with less in today’s current landscape. The uncertainty around the pandemic has meant businesses cannot afford to miss opportunities to free up their capital.
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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.
ABA Community Banking
SEPTEMBER 25, 2020
A conversation with Wendy Cai-Lee of de novo Piermont Bank on the unique needs of multigenerational family firms. The post CEO Q&A: Healing ‘Pain Points’ for Family Businesses appeared first on ABA Banking Journal.
American Banker
SEPTEMBER 25, 2020
Russia's largest bank is reinventing itself as a technology company and selling its own consumer electronic devices. Its chief tech officer says the moves are all about developing broader, more enduring customer relationships that the bank controls fully.
TheGuardian
SEPTEMBER 25, 2020
During the pandemic, the EU dropped its austerity-inducing budget rules and restrictions on its central bank’s ability to finance government spending. It get should rid of them permanently In an emergency, the normal rules do not apply. Coronavirus has shown the EU can do things differently. Early on the commission dumped its obsession with balancing the books.
BankInovation
SEPTEMBER 25, 2020
September has proven to be a busy month in banking and fintech staffing shuffles. JPMorgan Chase made notable investments in its data and analytics efforts, and HSBC USA created a new role centered on diversity and inclusion. Meanwhile, fintechs Vise and GoCardless continue to draw top industry talent away from more established players. Here are […].
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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.
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