Accenture
FEBRUARY 15, 2022
A year or so ago, I wrote that moving to cloud was non-negotiable for middle market banks. My reasoning? Cloud enables everything banks want (and need) to do to compete with digital players. Flash forward to today, and most middle market banks have by now dipped their toes in the proverbial “cloud pool”. I’m certainly…. The post Concerned about cyber security?
Perficient
FEBRUARY 15, 2022
Mask mandates are being lifted across the country. California, New Jersey, Connecticut, Delaware, Oregon, Illinois, and Rhode Island have announced plans to lift their statewide mask mandates or school mask mandates, and more states have indicated they will revisit mask requirements in the near future. If you have been holding back on making investments to drive new ways your advisors can communicate with investors when COVID-19 restrictions fade and life returns to normal, you might want to rev
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Accenture
FEBRUARY 15, 2022
One of the things I hear most from our banking clients today is that, as they increasingly adopt digital technologies, they are concerned about losing personal connections. Historically, banks have been relationship-based organizations that understood customers on an individual level—and while technology is opening up new opportunities across the ecosystem, it is also removing the….
ATM Marketplace
FEBRUARY 15, 2022
It can be a major challenge to not want to quit after a bad day. Nastia Liukin, five time Olympic medalist in gymnastics, commentator and entrepreneur, shared first hand her experience with this issue during a keynote address at the ATMIA conference.
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.
TheGuardian
FEBRUARY 15, 2022
Bumper payouts are ‘kick in the teeth for everyone else suffering with the cost of living crisis’, say critics This week British bankers will start collecting the biggest bonuses since before the 2008 global financial crisis as their employers fight an “increasingly intense war for talent”. As most Britons face the biggest squeeze on their incomes since at least 1990, already very highly paid bankers are celebrating “particularly obscene” bonuses in the City’s pubs and wine bars.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
TheGuardian
FEBRUARY 15, 2022
UK ‘laughing stock’ for failure to stem ‘dirty money’, says Lord Faulks QC, who was told to drop register by Theresa May’s No 10 A former Conservative minister, once at the heart of efforts to clamp down on money laundering in London, has revealed that during Theresa May’s premiership, No 10 “leant on him” when he tabled amendments to introduce a public register of overseas property owners.
BankInovation
FEBRUARY 15, 2022
Core provider FIS announced Monday that it has acquired fintech Payrix in a move that will allow FIS to embed payment capabilities within software-as-a-service (SaaS) platforms. Atlanta-based Payrix, founded in 2015, enables SaaS-based platforms to embed payments and financial technology into their offerings. The acquisition will accelerate merchants’ e-commerce offerings for platforms that primarily serve […].
CB Insights
FEBRUARY 15, 2022
7shifts , a workforce and scheduling management platform, has raised $80M in a Series C round that drew participation from SoftBank, Ten Coves Capital, and Enlightened Hospitality Investments. HOW’S THE COMPANY PERFORMING? Canada-based 7shifts helps restaurants manage hiring, onboarding, training, payroll, and workforce scheduling processes. The company’s platform is used by 27K+ restaurants, including Yogurtland, Clean Juice, &pizza, and Bar Burrito.
BankInovation
FEBRUARY 15, 2022
Core banking provider Temenos reported a 32% year-over-year increase in revenues related to their software as a service (SaaS) offering. While earnings per share declined to $1.07, an 11% decrease YoY, key indicators overall were strong for the Swiss software giant. Total revenues climbed 8% YoY to $153 million. The company counted 19 new client […].
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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
CB Insights
FEBRUARY 15, 2022
Silvr , a revenue-based financing platform for e-commerce sellers, has raised $148.6M in a mix of debt and equity. $20.6M in Series A funding was provided by Bpifrance, XAnge Private Equity, Eurazeo, and ISAI, among others. It secured $128M in debt financing from undisclosed investors. HOW’S THE COMPANY PERFORMING? France-based Silvr provides businesses with revenue-based growth capital.
BankInovation
FEBRUARY 15, 2022
Mastercard Inc. said it will hire more than 500 young professionals this year as it expands its data and services unit, an effort that will include launching consulting practices focused on cryptocurrencies and open banking. The payments giant will also develop a consulting practice focused on environmental, social and governance issues, Purchase, New York-based Mastercard […].
The Paypers
FEBRUARY 15, 2022
US-based payment service provider i2c has teamed up with fintech startup Karty to launch a prepaid mobile wallet in Qatar.
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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
The Paypers
FEBRUARY 15, 2022
FacePhi , a user identity verification technology provider has announced that its digital onboarding and facial recognition solutions are now available on Oracle Cloud Marketplace.
The Paypers
FEBRUARY 15, 2022
Germany-based fintech for technology-driven end-to-end solutions for credit transactions CrossLend has become a member of the Federal Association of Alternative Investments (BAI).
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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
FEBRUARY 15, 2022
Netherlands-based private equity firm Main Capital Partners has announced the acquisition of a majority stake in management consulting company InnoValor , the creator of ID verification specialist ReadID.
American Banker
FEBRUARY 15, 2022
The Paypers
FEBRUARY 15, 2022
Lithuania-based Electronic Money Institutions (EMI) ConnectPay has partnered with Open Banking solutions provider Salt Edge to improve the payments experience in Germany and the Netherlands.
American Banker
FEBRUARY 15, 2022
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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.
The Paypers
FEBRUARY 15, 2022
Netherlands-based private equity firm Main Capital Partners has announced the acquisition of a majority stake in management consulting company InnoValor , the creator of ID verification specialist ReadID.
The Paypers
FEBRUARY 15, 2022
Marqeta , a card issuing platform, has partnered with Plaid , a data network, to simplify ACH transfers, enabling customers to authenticate their bank accounts and fund their account.
American Banker
FEBRUARY 15, 2022
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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.
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