Accenture
JUNE 29, 2021
At the beginning of 2020, the mindset around cloud adoption in banking and capital markets was in a very different. Much of the industry had settled into a steady but slow migration path to the cloud that was often cautious and incremental. But with the arrival of the global pandemic, all of that changed. Almost…. The post Cloud empowerment: Enabling growth in the new appeared first on Accenture Banking Blog.
ATM Marketplace
JUNE 29, 2021
If you look up "cashless" on Google, you will inevitably find articles that argue the future is cashless and cash is old news. But…that isn't entirely true
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BankInovation
JUNE 29, 2021
Organizations, including those in financial services, are struggling to realize the full value of automation, in part because they’re tentative about fully rolling it out. That’s left nearly half of process automation deployments at the proof-of-concept stage or team scale, although process automation received a high satisfaction rating in a recent survey by Emergence Partners, […].
Cisco
JUNE 29, 2021
For the office to have a future, it must offer employees added value. Collaboration software and a laptop are no longer enough to be effective and productive in and out of the office. It has to be completely rethought. Over the past year, many have seen the office move to the kitchen table at home from one day to the next. What was initially unfamiliar has now become part of everyday life – many people no longer want to do without the flexibility and freedom of choice that the home offic
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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
Jack Henry
JUNE 29, 2021
Talent management is one of the most important elements in driving a healthy financial services industry. Because banking is no longer viewed as one of the most “attractive” industries, financial service organizations are now competing both inside and outside of the industry when recruiting employees.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
TheGuardian
JUNE 29, 2021
Officials’ emails to British Business Bank raise more questions about Greensill’s lobbying in Whitehall Government officials emailed the British Business Bank eight times for updates on Greensill Capital’s Covid loan requests, MPs have been told, raising further questions about the failed finance firm’s influence across Whitehall. The Bank’s head of operations told the parliamentary scrutiny committee on Tuesday that the Department for Business, Energy and Industrial Strategy (BEIS) had asked fo
BankInovation
JUNE 29, 2021
Banking technology provider Finastra is aggregating some of the many fintech offerings available on its FusionFabric.cloud marketplace, which has more than 150 apps for banks to tap for digital banking, cross-border payments, regulatory compliance and reporting, among other services. With so many fintech offerings available, it can be tricky for financial institutions to keep track […].
CB Insights
JUNE 29, 2021
Zeller , a fintech company, has raised $37.5M (AUD 50M) in a Series B that drew participation from Spark Capital, Square Peg Capital, and Addition, among others. HOW’S THE COMPANY PERFORMING? Australia-based Zeller is an online payment and financial service provider for small to mid-sized companies. It facilitates business transactions such as payments, financial management, and paying recipients through its products Zeller Terminal, Zeller Transaction Account Manage, and Zeller Mastercard
BankInovation
JUNE 29, 2021
The Covid-19 pandemic accelerated a shift toward digital services in banking, a trend that may sound the death knell for in-branch activity in the next five years. Nearly two-thirds of the 305 banking executives worldwide surveyed between February and March by the Economist Intelligence Unit said branches could disappear altogether in the next five years, […].
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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
TheGuardian
JUNE 29, 2021
Car finance deals and personal loans increase as interest rates fall Households increased their borrowing in May for the first time in eight months as the easing of lockdown rules coincided with a fall in loan interest rates. Figures from the Bank of England showed the first significant credit spending surge since last August, as a run of net repayments by households came to an end in May when £280m more was borrowed on consumer credit than was repaid.
ABA Community Banking
JUNE 29, 2021
Farmers, ranchers and producers across the country have stood strong during a year of extreme economic disruption and tumult. America needs them to sustain agriculture, and they need all of the support they can get. At this time, in particular, withholding any would be irresponsible. Reps. Ron Kind (D-Wis.) and Randy Feenstra (R-Iowa) introduced the Enhancing Credit Opportunities in Rural America (ECORA) Act of 2021 in the House of Representatives, bringing it a step closer to law.
The Paypers
JUNE 29, 2021
Akurateco , a Netherlands-based white-label payment software provider, has integrated with Mastercard Payment Gateway Services (MPGS).
ABA Community Banking
JUNE 29, 2021
In a statement for the record shared ahead of a House Financial Services Subcommittee hearing on economic and racial justice in the aftermath of George Floyd’s death, the American Bankers Association emphasized the banking industry’s commitment to diversity, equity and inclusion and highlighted some of the DEI and financial inclusion initiatives banks are implementing across the country.
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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.
The Paypers
JUNE 29, 2021
The new report by the Emerging Payments Association EU (EPA EU) and The Paypers, commissioned by Luxembourg for Finance offers the first strategic review across Europe’s individual payments markets, ranking the key players according to their place in the value chain and several financial indicators.
The Paypers
JUNE 29, 2021
According to research from Trulioo , 71% of respondents living in China, the UK, and the US feel that online brands are now prioritising speed over security.
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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.
The Paypers
JUNE 29, 2021
‘Change at the checkout – ecommerce payments after the pandemic’ , a research from TrueLayer and YouGov , has revealed the consumer and merchant trends that are shaping the future of the UK ecommerce checkout.
The Paypers
JUNE 29, 2021
Commercial Bank of Kuwait (CBK) has selected TCS BaNCS for Treasury to manage risk better, improve asset class coverage, and drive future growth.
American Banker
JUNE 29, 2021
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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.
The Paypers
JUNE 29, 2021
Cardlay has partnered with SAP Concur on an integration that is designed to allow banks to issue and manage virtual payment cards for their corporate card holders.
The Paypers
JUNE 29, 2021
US-based marketplace Etsy has signed a definitive agreement to acquire Elo7 , a privately held marketplace for unique, handmade items.
The Financial Brand
JUNE 29, 2021
Anticipation about the mega-retailer's banking ambitions stokes fears, but the evolving role of hybrid fintech/neobank Green Dot is key. The post Walmart & Green Dot Turning Pre-Paid Cards into Checking Accounts appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
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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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