Mon.Feb 15, 2021

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Virginia-based bank provides Bitcoin access at ATMs

Payments Dive

Virginia-based Blue Ridge Bank is partnering with ATM operator BluePoint ATM Solutions and Bitcoin ATM software provider LibertyX to facilitate access to the cryptocurrency. This announcement comes as banks and regulators appear to be warming to digital assets, and as Bitcoin continues to gain value and attention.

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What Did You Expect? Delivering Experiences that Meet Customer Expectations (Part 2 of 3)

Perficient

Part 2: Keeping Up with Changing Customer Needs. Are you ever unsure of what your customers want? Would knowing what they expect help you drive business outcomes? If this sounds like you, read on as we explore the art and science of expectations in the second installment of this three-part series. In Part 1 I described an expectations gap in which 84% of consumers say the digital tools and services they use fall short of what’s expected.

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What happens when talent strategy has Board oversight?

Accenture

COVID-19 has upended so much, from our daily lives (hello, home schooling) to long-held beliefs about how business should work. Historically, workforce and talent strategy has been siloed within the HR function. And the pandemic has amplified a trend that’s been growing for a while: organizations used to find people worthy of working for them—but…. The post What happens when talent strategy has Board oversight?

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Kafka Consumer Error Handling, Retry, and Recovery

Perficient

This blog post is about Kafka’s consumer resiliency when we are working with apache Kafka and spring boot. As a scenario, let’s assume a Kafka consumer, polling the events from a PackageEvents topic. service class (Package service) is responsible for storing the consumed events into a database. Note: Here in the place of the database, it can be an API or third-party application call. .

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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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Merchants want more say as faster payments develop

Payments Source

Retailers are often considered to be key beneficiaries of faster payments, but they may be among the last to reap its benefits in the U.S.

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China's mobile boom is an example for global recovery

Payments Source

Mobile pay is embedded in social media platforms and large retailers, proving an e-commerce spending boom, says Azoya USA's Franklin Chu.

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Who Are the Winners from the Digital Banking Transition?

Banking Exchange

Ratings agency KBRA has laid out how the digital transition is levelling the playing field for small banks Community Banking PPP Covid19 Feature Financial Trends Duties Fair Lending Feature3 The Economy Technology.

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Your Monthly Credit Card Offers Guide (February 2021)

BankBazaar

Here’s your monthly guide to offers and promotions on Credit Cards listed on BankBazaar – major discounts on food, online shopping and hotel bookings are up for grabs! . Don’t let your Credit Card sit idle in your wallet. Here’s how you can get maximum bang for your buck with your Credit Card this month. IndusInd Bank. Swiggy: Get 20% off on your next food order/delivery every Friday.

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CIBC Fails in Bid to Offload Caribbean Subsidiary

Banking Exchange

First Caribbean Bank has weighed on CIBC’s balance sheet but regulators blocked a sale this month Management Feature M&A Feature3.

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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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Eurobank Detects Money Laundering In Real Time

FICO

All Digital Transactions Monitored For High-risk Behaviour. Eurobank , one of the four Greek systemic banks, now performs real-time AML (anti-money laundering) and KYC (Know Your Customer) checks, with automation across digital and remote channels resulting in substantial efficiency improvements. . Eurobank has managed to meet the new regulatory requirements for European directives AML4D & 5D, to check for money laundering across real-time processes, such as digital onboarding without a signific

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Banking M&A Hits Record High in 2020

Banking Exchange

Figures from Finaria.it show there were more than 1,300 deals last year Management Feature M&A Feature3 The Economy Financial Trends.

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Campus Federal (Louisiana) Offers Product Line Statewide

BankDeals

Campus Federal (easy membership for Louisiana residents) is currently offering a very competitive 72-month CD. $1k minimum deposit. Also as an IRA CD.

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Mode confirms Open Banking-powered payments solution will launch in Q2 2021

The Paypers

Mode , the LSE-listed fintech group, has announced that it is set to launch its novel payments and loyalty solution powered by Open Banking in Q2 2021, providing merchants with an alternative to rising card interchange fees and boosting loyalty amongst consumers.

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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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Investing: Use Social Networks, don’t be used

Bankelele

All data indicates a new age of interest in retail investing. Across the world more people than ever are starting to trade for the first time, with reports of retail participation in the US stock market, for example, increasing from 10% in 2019 to 25% in 2020. Even during a public relations disaster, Robinhood- the […]. The post Investing: Use Social Networks, don’t be used appeared first on Bankelele.

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Sopra Banking launches its Marketplace to further its open fintech ecosystem strategy

The Paypers

Sopra Banking Software has launched its Marketplace aiming at accelerating modernisation and platformisation of banking and financial systems.

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What Will The Post-COVID Banking World Look Like?

The Financial Brand

2020's dramatic reshaping of U.S. finance will churn banks and credit unions for years. Those who don't adapt risk their survival. The post What Will The Post-COVID Banking World Look Like? appeared first on The Financial Brand.

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Paydoo, PAX partner to launch POS terminal for retail and hospitality verticals

The Paypers

Latvia-based digital payments provider Paydoo has partnered with PAX Technology , a China-based electronic payment terminal solution provider, to launch the PAX E-Series of all-in-one POS and payment solution for retail and hospitality verticals.

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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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Kenya’s banks set for another bumpy year

The Banker

Large government debt and vulnerability to external shocks could derail the sector’s recovery in 2021.

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Roadman Investments signs Social Ecommerce Licensing Agreement with A3Com Solutions

The Paypers

Roadman Investments has signed a Social Ecommerce Licensing Agreement to add A3Com Solutions’ iCashRewards to its portfolio.

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Why Exposing Targeted Search Results Pages Can Be SEO Gold – Here’s Why #259

Perficient

Many SEOs strongly believe that you never want to expose your search pages to indexation. Is that a myth? In this episode of the?award-winning Here’s Why digital marketing video series, Eric Enge and John Dietrich reveal that there are cases where exposing a targeted group of search pages for indexation makes a lot of sense for SEO. ? ? ? ?. Don’t miss a single episode of Here’s Why.

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Utility.fr, Limonetik team up to offer multi-instalment payment solution

The Paypers

France-based moving company Utily.fr has teamed up with Limonetik to set up a multi-instalment payment solution with FLOA Bank.

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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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Central bank digital currencies breakthrough in Asia

The Banker

China and Cambodia are rolling out central bank digital currencies, which could provide a global blueprint for domestic transactions and cross-border payments.

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BNY Mellon announces plans to provide an integrated service for digital assets

The Paypers

BNY Mellon has developed a new enterprise Digital Assets unit to support the development of solutions that help clients address their needs regarding digital assets, including cryptocurrencies.

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Signs a Managed Service Provider Could Be the Right Fit For You

Perficient

You have been thinking about moving to the cloud. You might have a workload or application that would be better hosted there, or you might have a new solution you’re looking at that is cloud based. You’re not sure if you want to manage your cloud environment in house, or outsource it to a managed service provider, though. In this blog, we will highlight some of the reasons you might want to outsource to a managed service provider – and perhaps give you some signs that your thoughts are valid and

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STC Pay, Thales join forces for contactless card payments

The Paypers

The Saudi Telecom Company (STC) mobile wallet app STC Pay has teamed up with France-based technology provider Thales to introduce contactless cards into the Kingdom of Saudi Arabia.

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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.