Perficient

OCTOBER 6, 2021

Robotic Process Automation (RPA) is the use of software to automate high volume and repetitive tasks that previously required a human to perform. RPA enables the configuration of a “bot” or “digital workers” to capture and interpret tasks on existing applications such as processing transactions, transforming or manipulating data, triggering responses, and integrating with other digital systems.

Management 508

Management System Report Software 508

BankInovation

OCTOBER 6, 2021

Tulsa, Okla.-based commercial and retail community bank Vast Bank is offering crypto banking as a service to banks looking to offer crypto services without implementing their own technology. Vast rolled out its crypto banking service in its new app in late August. The service links with customers' checking accounts and allows them to buy, sell […].

Tulsa 98

Tulsa Community Bank Community Retail 98

Perficient

OCTOBER 6, 2021

“It takes time for loans to go bad and the full extent of problems to surface, so I’d predict this is likely to be a 2023 issue.” That’s what Michael Jamesson, a principal at the bank consulting firm Jamesson Associates, told American Banker when asked about the long-term impact Covid-19 economic relief might have on the financial services industry.

Strategy 294

Strategy Industry Payments Customer Experience 294

BankInovation

OCTOBER 6, 2021

Payments automation company AvidXchange Holdings Inc. this week filed an initial public offering for its common stock with the U.S. Securities and Exchange Commission in an effort to raise up to $444.6 million in funding, according to the filing. AvidXchange plants to offer 22,000,000 shares of common stock at a price between $21 and $23 […].

Security 98

Security Payments Company Fintech 98

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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

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TheGuardian

OCTOBER 6, 2021

Despite so many government promises, we’ve ended up with inadequate laws and toothless regulation. The Pandora papers show why urgent action is needed The Pandora papers data leak has once again highlighted the predatory practices of the world’s political and financial elites – enriching themselves by looting the public purse, or exploiting laws which they themselves helped to establish.

Taxes 98

Taxes National Regulation Data 98

CFPB Monitor

OCTOBER 6, 2021

On Monday, the first day of its new term, the U.S. Supreme Court denied the petition for a writ of certiorari filed by RD Legal Funding that asked the Court to decide whether the CFPB can ratify actions taken when it was unconstitutionally structured. In its petition, RD Legal argued that the ratification of the CFPB’s enforcement action by former Director Kraninger was ineffective because, as an agent of the CFPB, she could not ratify an act that the CFPB, as principal, could not take at the ti

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ABA Community Banking

OCTOBER 6, 2021

CEO survey reveals banks’ resilience, commitment to employees and communities. The post How Community Banks Survived the COVID Pandemic appeared first on ABA Banking Journal.

Community Bank 69

Community Bank Community Survey Resources 69

FICO

OCTOBER 6, 2021

I am excited to announce that our 2022 FICO Decisions Awards are now open! We are calling on our customers who are achieving outstanding success using analytics and decision management solutions from FICO to submit nominations for the awards. . Nominations are due December 3, 2021 , and winners will be announced on January 28, 2022. For more information and to enter a nomination, visit www.fico.com/decisionsawards.

Analytics 52

Analytics Conference Compliance Management 52

ABA Community Banking

OCTOBER 6, 2021

The American Bankers Association today congratulated the women named to American Banker Magazine’s “Most Powerful Women in Banking,” “Women to Watch in Banking” and “Most Powerful Women in Finance” lists for 2021. Many of them are current and former members of ABA’s board, councils and committees. The post ABA Salutes Women Bank Execs Atop ‘Most Powerful,’ ‘Women to Watch’ Lists appeared first on ABA Banking Journal.

Resources 64

Resources Leadership Community Bank Community 64

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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

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The Paypers

OCTOBER 6, 2021

Germany-based onboarding and monitoring solution Web Shield has launched High-Risk Verification for their InvestiGate underwriting hub, abiding to Mastercard Revised Standards.

Tools 36

Tools 36

Image Works Direct

OCTOBER 6, 2021

Be more to your accountholders than their financial institution – be their educator on all things financial! Position yourself as an expert in the financial industry by offering unique financial tips, ideas and thoughts to your accountholders.

Resources 36

Resources Community Industry 36

American Banker

OCTOBER 6, 2021

Lending 88

Lending Fintech 88

The Paypers

OCTOBER 6, 2021

UK-based community of experts Open Banking Expo has partnered with dedicated advisory company Open Vector to support the growth of the Open Banking ecosystem in Latin America.

America 39

America Community Company 39

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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.

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American Banker

OCTOBER 6, 2021

Data 74

Data Fintech 74

The Financial Brand

OCTOBER 6, 2021

Seeking long-term large deposit relationships Lexicon Bank balances compliance duties with marketing itself as a home for poker professionals. The post Startup Bank Goes All-In Gambling on a Niche Market appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Marketing 37

Marketing Banking Trends Analysis Compliance 37

American Banker

OCTOBER 6, 2021

Policies 69

Policies Data Fintech 69

The Paypers

OCTOBER 6, 2021

Asian fintech Moolahgo had completed its Pre-Series Funding round at a total amount of SGD 4.5 mln.

Fintech 36

Fintech Payments 36

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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.

US

American Banker

OCTOBER 6, 2021

72

72

The Paypers

OCTOBER 6, 2021

UK-based ecommerce fulfilment platform Huboo has closed a GBP 60 million Series B financing round.

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The Financial Brand

OCTOBER 6, 2021

Despite a doubling of identity theft reports, people grow less concerned about the risks, expecting financial institutions to protect them. The post Banks’ Brand Risk Grows As People Become Numb to Cyber Fraud appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Branding 34

Branding Fraud Banking Trends Analysis 34

The Paypers

OCTOBER 6, 2021

Germany-based automated order and invoices exchange company Pagero has announced an investment agreement with Costa Rica-based digital signature electronic exchange company Gosocket.

Maine 28

Maine Company 28

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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.

Compliance

American Banker

OCTOBER 6, 2021

Management 61

Management 61

The Paypers

OCTOBER 6, 2021

TransUnion has invested in Monevo – a personal credit platform and API empowering lenders to deliver personalised credit offers to consumers via comparison websites and other third parties.

Comparison 28

Comparison 28

The Financial Brand

OCTOBER 6, 2021

Next-generation management puts more chips on digital for all customers, but sees a critical role for humans on the business-banking side. The post Customers Bank Pursues Branch-Light, High-Tech National Strategy appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

National 31

National Strategy Banking Trends Analysis 31

The Paypers

OCTOBER 6, 2021

Visa has announced a new research paper that explores a concept they call a Universal Payment Channel (UPC), a protocol that enables sending digital currencies across multiple blockchains.

blockchain 28

blockchain Payments 28

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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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