Perficient
AUGUST 10, 2020
Over the last couple of years, Oracle has been incredibly hard at work developing, from the ground up, what many are calling a game changer for Oracle—and its customers. It’s called Clinical One. If your company uses any Oracle Health Sciences applications, you’ve probably already heard a little about Clinical One. You may already have received a demo.
PYMNTS
AUGUST 10, 2020
Real time is getting ever closer to prime time. But it might not be the Federal Reserve ’s doing. You’d be forgiven for thinking that faster payments might be the purview of the U.S. Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. But with a 2023-24 timeframe to implementation, the Fed’s efforts will take a while to cross the Rubicon from concept to reality.
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Perficient
AUGUST 10, 2020
GitLab Introduction: GitLab CE, or Community Edition, is an open-source application primarily used to host Git repositories, with additional development-related features like issue tracking. It is designed to be hosted using your own infrastructure and provides flexibility in deploying as an internal repository store for your development team, a public way to interface with users, or a means for contributors to host their own projects.
South State Correspondent
AUGUST 10, 2020
It is not a question of “if” it is only a question of “when” you will start deploying chat and chat automation at your bank. It should be on your radar screen for several reasons, the first of which is that it will soon be the fastest growing and the most preferred communication channel among your customers. That trend got a boost when Apple announced last week the production release of its Business Chat product.
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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
Perficient
AUGUST 10, 2020
4 Top Cloud Financial Planning Solutions. Planning and Analytics on the Cloud. All organizations must perform financial planning and analysis (FP&A), and many want to shift from a complex web of spreadsheets to a cloud-based integrated solution. This article will introduce financial planning and analysis and survey four cloud-based solutions. An FP&A solution consolidates and integrates all data, rules, and calculations into one solution that can project plans and monitor performance.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Perficient
AUGUST 10, 2020
On-site search is often a component that often gets overlooked because it can be complicated and challenging to tweak and tune this element of your site with ease. However, before jumping in to set priorities for boosting specific terms , which could lead to negative consequences elsewhere on your website , I recommend looking at product data to enhance your on-site search. .
PYMNTS
AUGUST 10, 2020
The Transportation Security Administration (TSA) reported that it served over 800,000 individuals at American airport screening lanes Sunday (Aug. 9), the first occasion since March 17, and major U.S. air carrier stocks were on the uptick Monday (Aug. 10) on the news, Reuters reported. For example, American Airlines Group stock rose 8.2 percent in trading during the middle of Monday.
Payments Source
AUGUST 10, 2020
Financial firms could lose access to data that’s critical to their businesses if Congress passes a privacy bill. To change lawmakers’ minds, they need to show how data in the right hands has the power to improve customers’ lives.
PYMNTS
AUGUST 10, 2020
Consumers have come to expect personalization in their shopping experiences, whether using online marketplaces such as Amazon and Etsy or mobile apps such as Gilt or Poshmark. Product recommendations, informed by purchase histories and preferred payment methods, are becoming a standard aspect of digital checkout experiences. Online content subscription purchasing experiences are far different from that ideal in practice, however.
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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
South State Correspondent
AUGUST 10, 2020
We sent out a survey to several thousand community bankers across the country to understand bankers’ concerns, challenges, and opportunities in the current business environment. We feel that organizing an exchange of ideas and sharing of strategies is beneficial to many bankers. We also offered resources (videos, white papers, policies, marketing material, online proposal generators, and calculators) to help bankers obtain information based on their specific survey responses.
PYMNTS
AUGUST 10, 2020
Good news from athletic retailer Foot Locker looks like it’s good news for shoe giant Nike as well. Both companies stocks rallied on Monday (Aug. 10) after Foot Locker reported an 18 percent spike in second-quarter comparable store sales, attributing the gains to pent-up demand and U.S. government stimulus payments amid the pandemic. Morningstar Equity Analyst David Swartz told PYMNTS that Nike has a significant relationship with Foot Locker, so strong numbers from Foot Locker certainly bode wel
Payments Source
AUGUST 10, 2020
It took years for NFC payments to gather momentum in the U.S., with merchants initially dragging their heels to enable contactless technology at payment terminals and banks waiting until 2018 to begin the slow rollout of NFC-enabled cards.
PYMNTS
AUGUST 10, 2020
A California judge has passed an injunction to force Uber and Lyft to stop classifying their workers as independent contractors rather than employees, CNBC reported. The order, pending further court action, will take place in 10 days. The companies have requested a brief stay for appeals. The issue of how the gig workers for the two largest U.S. rideshare companies are classified has been a heated one for some time.
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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.
Payments Source
AUGUST 10, 2020
Facing Wall Street analysts for the first time after the murder of George Floyd, CEOs of major payment companies joined other financial services firms in promising to improve fairness and opportunities for Black people and other underrepresented groups.
PYMNTS
AUGUST 10, 2020
Introduction. Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. The COVID-19 pandemic has accelerated this shift to digital , creating the need for a wide range of digital financial solutions that offer immediate, well-known and tailor-made services. .
BankBazaar
AUGUST 10, 2020
Financial independence doesn’t have to be out of your reach. Here are a few simple tips to become a financially-independent individual. Who doesn’t desire to lead a life without any financial constraints? Unfortunately, the vast majority of us find it extremely hard to attain financial independence or ‘Findependence’. Being a young adult, who has just stepped out of college and thrust into your first job, can be one of the most difficult phases in life, financially speaking.
PYMNTS
AUGUST 10, 2020
A multitude of payments flow between businesses, government agencies, individuals and others in the U.S. The Federal Reserve recently estimated that there were 174.2 billion non-cash payments with a total value of $97.04 trillion in 2018, marking a $10.25 trillion rise from 2015. Credit and debit card payments accounted for 75.3 percent of all non-cash payments made, with debit cards being roughly twice as popular as credit cards.
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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.
Payments Source
AUGUST 10, 2020
The shift to electronic payments during the coronavirus has led to a notable increase in in-app debit card payments—particularly via Apple Pay—along with higher levels of direct debit and P2P debit card transfers.
PYMNTS
AUGUST 10, 2020
Consumers have long used the internet to purchase everything from meals to clothing, and the ongoing COVID-19 pandemic is only accelerating the shift toward digital commerce. This is in turn driving a need for fresh financial solutions that can help customers pay — and get paid — fast. Instant payments that enable the 24/7, year-round transfer of tax refunds, benefits, dividend payments and other disbursements could be key to quickly getting them money for much needed purchases within 30 minutes
Payments Source
AUGUST 10, 2020
As the global economy continues to unlock more opportunities for cross border transactions and payments, the ability for businesses to communicate with global consumers in their language (or currency) of choice is vital, says Fiserv's Brian Frey.
PYMNTS
AUGUST 10, 2020
Marriott International Inc. reported on Monday (Aug. 10) that comparable dollar revenue per available room (RevPAR) plunged 84.4 percent worldwide in Q2 on a constant-currency basis. “The lodging industry continues to be profoundly impacted by the COVID-19 global pandemic and the current operating environment remains quite challenging,” Marriott CEO and President Arne Sorenson said on the company’s earnings call.
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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.
Payments Source
AUGUST 10, 2020
Facebook Inc. unveiled a new group to pursue payments and commerce opportunities and put David Marcus, co-creator of its Libra cryptocurrency project, in charge of the initiative.
PYMNTS
AUGUST 10, 2020
One of the world’s largest digital money movers could be getting bigger. The Financial Times (FT) reported Western Union (WU) is planning to use opportunities arising from the pandemic to gobble up its weaker rivals. “I am pretty active on the mergers and acquisitions front,” CEO Hikmet Ersek told the newspaper. “Our financial position is much better than any competitors.
ABA Community Banking
AUGUST 10, 2020
Even before the pandemic, most households were skating on thin financial ice. The post Learning From 2020: A Great Way to Save for the Unexpected Is Making It Automatic appeared first on ABA Banking Journal.
PYMNTS
AUGUST 10, 2020
No matter where you look, the pandemic has put up serious barriers to economic growth – and at the same time, has forced business models to pivot from in-person, face-to-face interactions toward digital offerings. And for at least some segments of payments (and the companies that serve them) – especially remittances – the pivot has opened pathways to sustained growth.
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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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