Tue.Jan 05, 2021

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Perficient Names Five Area Vice Presidents, Expands Executive Leadership Team

Perficient

Perficient is proud to announce the appointment of Vishal Rajpal, Glenn Kline, Prakash Chembai, Mary-Beth Ostasz, and Jason Hudnall as Area Vice Presidents (AVP). The expanded executive leadership team will drive continued growth and operational excellence across Perficient while delivering superior solutions for clients. “As Perficient continues to grow, we’re thrilled to broaden our executive team with these five exceptional leaders,” said Jeff Davis, Chairman and CEO, Perficient.

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Why digital laggards finally became part of the digital payment landscape

Payments Dive

Bethany Ewing, customer marketing, mobile payments lead, Deloitte Digital and Peter Pearce, senior manager of financial services strategy for Deloitte Consulting share their insight on a study the company conducted on whether or not customers that migrated to a digital payments during the pandemic will continue to do so post-pandemic

Payments 476
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Making Meaningful Data Reports with Microsoft Power BI

Perficient

Create Power BI r eports to effectively translate your business data . Microsoft’s Power BI is a versatile platform that allows users to connect to and transform data to make meaningful and interactive visualizations. With a familiar and intuitive interface, Power BI Desktop makes connecting to a data source and creating useful reports easy.

Report 393
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Instant Payments: Changing the Middle East payments landscape

Accenture

This thought leadership piece looks at Instant Payments in the Middle East – how this innovative trend being implemented in the region and elsewhere is changing the payments landscape, and what banks should do to fully leverage its value. Instant Payments are coming Instant Payments are a revolutionary feature of the payments landscape in more…. The post Instant Payments: Changing the Middle East payments landscape appeared first on Accenture Banking Blog.

Payments 299
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Reader’s Choice: Top 5 Oracle Blog Posts of 2020

Perficient

While conducting business in 2020 may have looked a little different, the subject matter experts of Perficient’s Oracle practice stayed dedicated to our clients and readers. The team published fresh, relevant blog content that in all saw over 34,000 page views. Below are the top 5 most viewed blogs from 2020 ordered starting with the most viewed blog post.

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Setting Up A Local AEM Dispatcher With Docker

Perficient

Reverse proxy and caching are two of the many features provided by the AEM dispatcher module. It is the prism through which your web users will view content on the AEM publisher. Developers will say the development and operations (DevOps) team handles it. DevOps rely on developers to provide instructions on how to configure it. Hardly anyone sets it up in their local environment.

System 322
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Report: Alibaba Founder Ma OK But 'Lying Low'

PYMNTS

After a short period of time in which Alibaba Founder Jack Ma’s whereabouts were unknown, CNBC has reported that Ma is not missing. Ma, according to the report, has been "lying low" amid several controversies between his companies and the Chinese government. Several news outlets had reported that Ma hadn't been seen in person since last October, when he spoke at a forum and criticized what he perceived as the government's overly strict regulatory rules.

Report 290
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Argus Safety, Oracle Clinical & RDC Release Notes [Jan. 2021]

Perficient

Perficient’s Life Sciences practice regularly monitors the software release notes for several Oracle Health Sciences applications, including: Argus Safety. Oracle Clinical/Remote Data Capture (OC/RDC). Thesaurus Management System (TMS). Generally speaking, we review release notes at the beginning of each month for the previous month. On occasion, there are no new releases and, therefore, nothing to review; however, we post a fresh version monthly to eliminate confusion.

Software 322
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Stimulus Round Two: Two-Thirds Of Payments Reach Bank Accounts

PYMNTS

The U.S. Department of the Treasury has electronically sent out two-thirds of the second round of individual stimulus checks, or over $112 billion in payments, according to a report from The Wall Street Journal (WSJ). The payments of $600 for every adult and child totaled a cost of around $164 billion, WSJ reported. The payments come as part of the $900 billion relief bill passed at the end of last month, which also included money to go toward assistance for unemployment and small businesses.

Payments 237
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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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OCC, SEC and FinCEN crypto verdicts empower banks, but anger fintechs

Payments Source

Several government agencies have made deeper moves into crypto oversight, leaving a trail of angry executives and unresolved political questions. And there's still no sign of a central bank digital currency, leaving the U.S. at risk of falling behind other countries in the race to support faster payment processing.

Fintech 154
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Bitcoin Daily: CoinDesk Acquires Crypto Index TradeBlock; Bitcoin.com Co-Founder Sues Bridge.link For Misleading Investors

PYMNTS

CoinDesk has acquired digital asset index TradeBlock , the cryptocurrency news platform announced in a press release Tuesday (Jan. 5). TradeBlock provides price references, customizable algorithms and other cryptocurrency data. With its acquisition, CoinDesk plans to invest and expand TradeBlock’s enterprise trading tools and order management platform, the release stated.

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How face-to-face merchant acquiring will survive past COVID-19

Payments Source

Even early in the pandemic, it was apparent that acquirers needed digital onboarding, electronic payments and automated chargeback solutions to keep their footing in an acquiring landscape already facing disruption.

Payments 130
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Opportunity Fund Teams With CUs For SMB Lending Campaign

PYMNTS

Longtime small business microlender Opportunity Fund is teaming up with a trio of credit unions (CUs) as part of the nonprofit’s bid to invest $1 billion in “marginalized businesses” across the country over the next two years. The San Jose-based community development financial institution, or CDFI, on Tuesday (Jan. 5) unveiled a new partnership with Meriwest Credit Union, Self-Help Federal Credit Union and UMe Credit Union.

San Jose 198
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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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Fintech focused on ditching expense reports becomes a unicorn

Payments Source

Divvy, the financial-technology company that offers corporate cards and expense-management software to small businesses, said it’s now valued at $1.6 billion after raising money from investors including PayPal Holdings Inc.

Report 120
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Unanet Debuts New Functionalities For ERP Software

PYMNTS

Enterprise resource planning (ERP) company Unanet has rolled out a number of functionalities to add to its platform for architecture and engineering firms (A/E) in addition to government contractors (GovCons), according to a Tuesday (Jan. 5) announcement. "Unanet is continually investing in its ERP to ensure it has the latest cutting-edge technology because that's what our customers need to stay nimble and competitive in this complex economy," Unanet Chief Product Officer Assad Jarrahian said in

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Lender Affirm seeks to raise up to $934 million in IPO

Payments Source

Affirm Holdings, which provides installment loans to online shoppers, is seeking to raise up to $934.8 million in an initial public offering, signaling last year’s record listings run is carrying over to 2021.

Online 118
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Twitter Absorbs Podcast App Breaker, Breaker Set To Dissolve By Jan. 15

PYMNTS

The team behind podcast app Breaker is joining Twitter 's team and closing down its own services, the company reported in a blog post Tuesday (Jan. 5). According to the post, Breaker, which formed four years ago, will shut down Jan. 15, and founders Leah Culver and Erik Berlin will be building "what comes next." In joining with Twitter, the founders said they are "inspired by the ways Twitter is facilitating public conversations for people around the world.".

Community 163
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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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Digital ID, with a side of biometrics, is needed to meet new threats

Payments Source

With the advances in technology and digitization, and evolving security threats, it’s time for smarter, more robust authentication methods, says Entersekt's Dewald Nolte.

Meeting 113
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Neat Launches Visa Card For Businesses In Hong Kong

PYMNTS

Neat said Tuesday (Jan. 5) that it has become a member of the Visa network and will issue its own Neat Visa card for Hong Kong-incorporated companies. The FinTech can issue its own payment offerings as a Visa member, drawing from the international network of Visa and providing an improved client experience, according to an announcement. “Our new Neat Visa card really gives [small- to medium-sized businesses (SMBs)] the flexibility and control they need over their spending,” Neat CEO David Rosa s

Cards 159
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A quick shift is a permanent skill for the payments industry

Payments Source

2020 has shown that the payment industry is flexible and resilient, and if 2021 throws our plans out the window, we'd better be equipped to adapt on the fly, says IDEMIA's Megan Heinze.

Industry 110
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US Government Aid Lessened Bankruptcies In 2020, Study Finds

PYMNTS

Government pandemic aid helped bankruptcy filings hit a 35-year low in 2020, according to legal service firm Epiq. In Epiq's report on 2020 bankruptcy statistics, the firm found that 2020 had the lowest numbers since 1989, with 529,068 over all chapters, according to a press release. December had 34,304 bankruptcy filings in total, which was also the lowest monthly total since January 2006, the release stated.

Study 159
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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.

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National banks may process stablecoin payments, OCC says

Payments Source

The digital currency and related distributed-ledger technologies could "enhance the efficiency, effectiveness and stability of the provision of payments," according to an interpretive letter issued by the Office of the Comptroller of the Currency.

National 105
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The future of secure issuance

ATM Marketplace

At the Self Service Innovation Summit entitled, The Future of Secure Issuance: Creating a foundation of trust, Andy Cease, product marketing manager for Entrust, moderated a panel discussion that covered issuance, identification and authentication as well as future trends.

Security 102
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AML rules missing targets

Bobsguide

The rise of anti-money laundering (AML) related fines over the past few years shows regulators are homed in on tackling the problem, but current supervisory regimes lack efficiency when it comes to tackling the amount of fraud, according to market participants. “Banks spend billions on.

Fraud 88
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Amex revamps Platinum perks again in bid to retain customers

Payments Source

American Express will once again add perks to its popular Platinum cards to avoid losing customers as the pandemic continues to curtail spending on the firm’s cards.

Cards 100
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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.