Perficient

AUGUST 23, 2021

Data fuels the engine of the digital economy. Connected experiences, in the context of the customer relationship, are driven by a robust data set that confidently presents integrated, diverse data to enable actionable insights that can be automated across the customer’s journey. Internally, data creates the foundation for increased analytic application of fraud detection, at-risk customer behavior, and improved cross-functional process management.

Data 508

Data Analytics Trends Fraud 508

Accenture

AUGUST 23, 2021

It’s an axiom among data-minded people that “In God we trust; all others must bring data.” Today we’re going to apply that idea to the hypothesis that purpose-driven banks outperform their peers. The specific data we’re looking at comes from Accenture research on the subject, which analysed 70 leading banks from around the world using…. The post What purpose-driven banking leaders do differently appeared first on Accenture Banking Blog.

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Data Digital Banking 343

Cisco

AUGUST 23, 2021

IDC Uncovers the latest trends and advice for financial services. The events of 2020 will leave a lasting impact on the financial sector as institutions accelerated the shift to a digital environment, both for customers and their employees. Digital transformation has raised the bar for financial services , dictating seamless, personalized interactions during branch visits.

Security 170

Security Trends Strategy Video 170

Banking Exchange

AUGUST 23, 2021

Study finds that midsize credit card issuers report greater drop in customer satisfaction levels compared to national counterparts Retail Banking Financial Trends Feature Feature3 Financial Research Cards Payments.

Cards 158

Cards Meeting Study National 158

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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

Lending

SWBC's LenderHub

AUGUST 23, 2021

Last Week. A combination of relatively hawkish July FOMC minutes and softer global economic reports gave risk markets a slightly negative tone last week. Additionally, industrial commodities took it on the chin, led by WTI crude, which fell over nine percent. Volatility returned to equities as the VIX rose 20%. The FOMC minutes revealed that QE tapering could come as soon as next month’s FOMC (September 22).

Marketing 148

Marketing Industry Report Capital 148

BankInovation

AUGUST 23, 2021

Financial services software provider Finastra onboarded 25 clients onto its cloud-based core banking solution, Fusion Phoenix, during the 2021 fiscal year. The London-based Finastra’s new client institutions include a mix of banks and credit unions such as the Rhode Island-based Peoples Credit Union, First National Bank of Manchester in Kentucky, and Indiana-based Fowler State Bank. […].

Rhode Island 98

Rhode Island Indiana Kentucky Phoenix 98

Banking Exchange

AUGUST 23, 2021

McKinsey report finds that the Covid-19 pandemic has accelerated the decline of roles in bank branches Management Feature Financial Trends Human Resources Feature3 Branch Technology/ATMs.

How To 78

How To ATM Resources Trends 78

BankInovation

AUGUST 23, 2021

It has been a year since Varo Money broke ground by becoming the first fintech to secure a national bank charter without buying a bank. Bank Automation News recently checked in with Varo Bank’s Wesley Wright, chief commercial and product officer at the San Francisco-based startup, which was founded in 2015 and has raised $482.4 […].

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San Francisco National Fintech Security 98

Banking Exchange

AUGUST 23, 2021

Recent data shows a dramatic increase in commercial real estate loans in the first half of 2021 Mortgage Credit Consumer Credit The Economy Community Banking Mortgage/CRE Mortgage Feature3 Feature.

Community Bank 78

Community Bank Community Data 78

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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

Report

SWBC's LenderHub

AUGUST 23, 2021

In spring 2020, following the onset of COVID-19 in the U.S., record-low interest rates created a housing boom in the midst of the most disruptive period in recent history. Increased home sales combined with nationwide lockdowns created a unique challenge for lenders who needed to determine the value of homes without physically being onsite to conduct an appraisal.

Lending 78

Lending 78

TheGuardian

AUGUST 23, 2021

Executive to succeed John Barton as chair of budget airline on 1 December Stephen Hester, the former boss of Royal Bank of Scotland, will become the chairman of easyJet at the end of the year. Hester, who most recently served as chief executive of the insurer RSA from 2014 until May, will join the easyJet board as a non-executive director next month.

Industry 84

Industry 84

The Paypers

AUGUST 23, 2021

The Bank of Thailand (BOT) has announced plans following a recent study to begin testing a Retail Central Bank Digital Currency (Retail CBDC) in the second quarter of 2022.

Retail 74

Retail Study 74

CB Insights

AUGUST 23, 2021

Enable , a provider of cloud-based software tools for B2B rebate management, has raised $45M in Series B funding. The round drew participation from Norwest Venture Partners, Menlo Ventures, and Sierra Ventures. How is the company performing? UK-based Enable is a provider of cloud-based rebate management solutions to assist distributors, manufacturers, and retailers across 50 industries.

San Francisco 69

San Francisco Management America Software 69

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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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FICO

AUGUST 23, 2021

The global pandemic is driving a digital-first mindset for account opening. To measure the impact of COVID-19 on digital transformation in financial services, FICO surveyed 14,000 consumers across 14 countries in 2021 to evaluate customer-willingness for digital account opening. Today, we’ll share the top-five takeaways from our NORAM survey results.

Survey 52

Survey Groups Digital Banking Customer Experience 52

CB Insights

AUGUST 23, 2021

Moss , a fintech startup, has raised $29M in a Series A extension round. The round drew participation from Valar Ventures, Global Founders Capital, and Cherry Ventures. HOW’S THE COMPANY PERFORMING? Berlin-based Moss provides corporate credit cards and expense management solutions to small- and medium-sized enterprises (SMEs) in Germany. Since its inception in mid-2020, the company has issued over 8,500 credit cards (both physical and virtual) and processed over 100,000 transactions.

Cards 64

Cards Company Capital Fintech 64

ABA Community Banking

AUGUST 23, 2021

Not even the pandemic could stop this group of Stonier students from experiencing safe, in-person learning community. The post Learning Pods: Not Just for Kids appeared first on ABA Banking Journal.

Community 52

Community Groups Resources Training 52

FICO

AUGUST 23, 2021

This post explores the credit card trends in the UK, US and Canada, reviewing regional differences and focussing on the impact of the pandemic. Part 1 covered trends related to activity, limits, utilisation, spend, cash and interest. In this post I review payment and delinquency trends. The impact of the extra savings people accumulated during the pandemic is clear for all regions and is masking the impact on those that have struggled and are struggling to support their card debt.

Cards 52

Cards Payments US Regional 52

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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

The Paypers

AUGUST 23, 2021

France-based payment and transactional services company Worldline and crypto service provider Bitcoin Suisse have launched an omnichannel crypto payments solution for Swiss merchants in the Worldline network.

Bitcoin 57

Bitcoin Payments Company 57

ABA Community Banking

AUGUST 23, 2021

One in 10 adults say they do not have a checking or savings account, according to new research released by Morning Consult. The post Morning Consult: One in 10 Adults Don’t Have Checking, Saving Account appeared first on ABA Banking Journal.

Survey 52

Survey Community Bank Community Retail 52

The Paypers

AUGUST 23, 2021

Amazon.com has announced it plans to open several large physical retail locations in the US that will function similar to department stores, The Wall Street Journal reports.

Retail 57

Retail US Report 57

American Banker

AUGUST 23, 2021

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96

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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

The Paypers

AUGUST 23, 2021

The UK’s Financial Intelligence Unit (UKFIU) has published its guide on how suspicious activity report (SAR) intelligence is being used by law enforcement, aiming to demonstrate SAR filing best practices.

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Report 39

American Banker

AUGUST 23, 2021

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Company Marketing Cards Mobile 95

The Financial Brand

AUGUST 23, 2021

Banking as a service is hot and getting hotter. Here’s why you might want to jump on the BaaS train while it’s still in the station. The post More Banks Eye Rent-a-Charter Business Model for Fintechs & Neobanks appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Fintech 43

Fintech Training Banking Trends Analysis 43

American Banker

AUGUST 23, 2021

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87

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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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