Wed.Nov 11, 2020

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8 Trends for Healthcare in 2021

Perficient

Momentum in digital healthcare transformation… it’s massive, and much needed. As organizations adapt to new modes of care, demands on resources, and consumer expectations, payors and providers are eyeing opportunities to reduce costs, improve care, build awareness, and expand relationships. Here are 8 trends we’re currently tracking into 2021: TREND 1: The evolution of healthcare will be characterized by a reengineering of clinical care and operations around digital health and

Trends 618
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Bitcoin Daily: Bitcoin ATM Installations Jump By 85 Pct; Argentinian Lawmaker To Introduce Crypto Bill

PYMNTS

The count of bitcoin ATMs has jumped this year, rising by 85 percent to just under 11,800, CoinDesk reported. The border-free network of bitcoin allows for money to be easily moved in any amount internationally, according to the outlet, which noted that the rise in bitcoin ATMs shows that the digital currency is becoming more and more popular as a method of payment.

Bitcoin 320
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Implementation of Multi-Factor Authentication in Salesforce

Perficient

What Is MFA and Why Is It Important? As the security landscape evolves and threats compromising user credentials become more common, it’s important to implement strong security measures to protect your business and customers. Multi-factor authentication (MFA) is one of the easiest, most effective ways to help prevent unauthorized account access and safeguard your Salesforce data.

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Visa Unveils FinTech Partnership Program In Europe

PYMNTS

Visa is rolling out a new initiative aimed at connecting European financial institutions and merchants with cutting-edge digital payments services. Fintech Partner Connect will “support new ways for businesses and consumers to seamlessly and securely pay, get paid, send money and more,” a spokesperson for the credit card and financial services giant said in an email announcing the new program on Visa on Wednesday (Nov. 11).

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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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Salesforce CPQ Overview

Perficient

CPQ. Salesforce CPQ stands for Configure, Price, Quote. It’s an extension of your customer relationship management platform (CRM). Salesforce CPQ is a sales tool for companies to provide accurate pricing with any given product configuration scenario. CPQ gives your sales team easy to use software that is available on any device due to its cloud-based platform.

Tools 322

More Trending

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Case Insensitive Queries with the AEM Query Builder

Perficient

Recently, I needed to perform a query using the AEM Query Builder which was case insensitive. While I normally prefer using JCR SQL2 queries , in this case Query Builder was a better fit as I wanted consuming applications to be able to manipulate the query and doing so as a map is significantly easier than doing so as a string. I was surprised to find that there was no native Query Builder Predicate for doing case insensitive queries so I ended up writing my own.

Software 322
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Fed's Rosengren Looks To Second Half Of 2021 For 'Robust Growth'

PYMNTS

Federal Reserve Bank of Boston President Eric Rosengren said he doesn't think the next few months will be necessarily easy on the economy in spite of the recent uplifting news regarding a possible COVID-19 vaccine, CNBC reported. Rosengren, speaking with CNBC’s Joumanna Bercetche during the UBS European Conference , said he thought the news of Pfizer and BioNTech 's 90 percent effective vaccine, announced on Monday (Nov. 9), wasn't quite a silver bullet.

Boston 243
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Taking Red Hat Certification Exams Remotely

Perficient

Red Hat certifications are an excellent way for IT professionals to validate their mastery of Red Hat products. Professionals with Red Hat certifications are in demand because the Red Hat certification process involves a rigorous, hands-on evaluation of Red Hat technologies. Traditionally, these exams took place at designated testing facilities or as part of in-person classroom training, but this year, as a result of the COVID-19 pandemic, Red Hat accelerated their efforts to offer exams remotel

System 309
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Retailer Gap Partners With BNPL Platform Afterpay To Boost Holiday Shopping

PYMNTS

Buy now, pay later (BNPL) payments platform Afterpay is teaming up with retailer Gap to offer flexible spending options as the holiday shopping season gears up. “Collaborating with Afterpay gives our customers the power of choice when shopping across our family of brands,” John Strain , chief digital and technology officer at Gap, said in a statement on Wednesday (Nov. 11).

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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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Nebraska voters chose to cap annual interest charged for payday lending at 36%

CFPB Monitor

In last week’s election, Nebraska voters passed Initiative 428, a ballot measure that places a 36 percent APR cap on payday loans. The question presented to voters was: Shall Nebraska statutes be amended to: (1) reduce the amount that delayed deposit services licensees, also known as payday lenders, can charge to a maximum annual percentage rate of thirty-six percent; (2) prohibit payday lenders from evading this rate cap; and (3) deem void and uncollectable any delayed deposit transaction made

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Back Office Is Front And Center In Optimization Wave

PYMNTS

How big of a problem is manual data entry and processing? Too big. “Fifty-one percent of participants in a recent study identified manual data entry and inefficient procedures as the biggest pain point they faced, with manual invoice routing, lost or missing invoices and invoice-to-payment matching taking second, third and fourth places at 37 percent, 33 percent and 31 percent, respectively,’” according to the new Back-Office Optimization Playbook done in collaboration with Coupa and TransferMat

Capital 219
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Card networks face pushback over mobile EMV acceptance tech

Payments Source

EMVCo, the major card brand-supported venture to establish EMV guidelines and specifications, has begun testing a program to determine if consumer mobile devices can securely accept contactless payments — a move that not only hastens the adoption of contactless payments, but renews criticism over which networks control technology and routing decisions.

Mobile 127
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Chipotle Opening Digital-Only Kitchen Near West Point Academy

PYMNTS

Chipotle Mexican Grill is capitalizing on the surge in online demand and opening its first digital-only restaurant in Highland Falls, New York, just outside the gates of West Point military academy. “The Digital Kitchen incorporates innovative features that will complement our rapidly growing digital business, while delivering a convenient and frictionless experience for our guests,” Curt Garner , chief technology officer at Chipotle, said in a statement on Wednesday (Nov. 11).

Denver 218
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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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Third-party risk can derail a promising fintech partnership

Payments Source

Unlike a traditional supply chain, where value and risk travels up and down a set of organizations in a linear fashion, the extended enterprise is a complex network of relationships, says PXP Financial's Koen Vanpraet.

Fintech 127
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Park Place Payments, NOW Corp Team For SMB Payments

PYMNTS

Park Place Payments , which provides payment processing to companies, and Atlanta-based NOW® Corp unveiled a collaboration that is meant to change how small and medium-sized businesses (SMBs) take payments, according to a Wednesday (Nov. 11) announcement. "The need for small and mid-sized businesses to get paid faster has never been greater," NOW® Corp CEO and President Lara Hodgson said in the announcement.

Payments 217
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Bitcoin's set to benefit from stimulus inflation

Payments Source

Inflationary and macroeconomic pressures will position bitcoin as a new asset that acts as a recognized store of value against inflation, says FiCAS' Ali Mizani Oskui.

Bitcoin 123
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Whirlpool Corporation Rolls Out Swash Laundry Detergent On Amazon

PYMNTS

Kitchen and laundry appliance company Whirlpool Corporation is rolling out its Swash liquid laundry detergent, which is now available exclusively through Amazon. The rollout of the product represents the firm’s entry into the liquid laundry detergent space, according to a Wednesday (Nov. 11) announcement. Swash dispenses the detergent for consumers with its “Precision Pour Cap.

Branding 216
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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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America’s Banks Celebrate America’s Vets

ABA Community Banking

In honor of our veterans, the ABA Banking Journal is sharing several stories from America's Banks of how banks serve and employ those who have served. The post America’s Banks Celebrate America’s Vets appeared first on ABA Banking Journal.

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Chinese Big Tech Value Plummets $280B Amid Regulatory Issues

PYMNTS

Big technology firms in China are suffering as regulatory issues continue, triggering falling share prices, according to a CNBC report on Wednesday (Nov. 11). Hong Kong shares of Alibaba dropped 9.8 percent; Tencent declined 7.39 percent; Smartphone maker Xiaomi dropped 8.18 percent; on-demand delivery services firm Meituan Dianping fell 9.67 percent; and eCommerce giant JD.com plummeted 9.2 percent.

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Podium adds chargeback-fraud prevention for in-person purchases

Payments Source

Podium is offering chargeback-fraud screening for local businesses taking in-person, offline purchases that use its customer messaging platform and accompanying Podium Payments service.

Fraud 111
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JPMorgan, Other Top Banks Brace For Defaults Amid Troubled Loans

PYMNTS

The number of troubled loans sitting on the books of the top U.S. banks remains high despite significant improvement over the past few months, a new report finds. A total of $90 billion in loans to businesses and individuals remained in forbearance, or about 5 percent of such loans, the Financial Times reports, citing regulatory filings by the four top lenders.

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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.

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Barclaycard, Amazon to boost access to credit in Germany

Payments Source

In a bid to fuel online sales, Barclaycard is partnering with Amazon in Germany to offer installment lending to overcome the country’s low credit card ownership rates.

Lending 102
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EDPB Recommends Steps For Data Exporters To Ensure GDPR Compliance 

PYMNTS

The European Data Protection Board (EDPB) adopted recommendations to assist data exporters with evaluating countries to ensure that they are adhering to the bloc’s level of protection under the EU General Data Protection Regulation ( GDPR ) and finding further measures as needed. "Supervisory authorities will continue exercising their mandate to monitor the application of the GDPR and enforce it,” the EDPB said in its recommendations.

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As Brazil debuts PIX faster payments, QR codes glue its many use cases together

Payments Source

Brazil aims to move beyond the era of cash payments on Monday, when the Banco Central do Brasil launches the Brazil Instant Payment System.

Payments 106
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Amazon, Walmart Benefit As More Than 1 Million Food Stamp Shoppers Buy Online

PYMNTS

As online shopping becomes the norm, Amazon is courting food stamp shoppers, according to a report by Bloomberg. The eCommerce giant, along with Walmart and Wakefern Food Corp. ’s ShopRite stores, participates in a pilot program that lets EBT card users buy groceries online for delivery or pickup, Bloomberg reported. When Congress began allowing more food assistance due to the pandemic, the U.S.

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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.