Perficient

APRIL 13, 2021

The Federal Reserve Board announced this week that it is accepting applications from individuals who wish to be considered for membership on the Community Advisory Council (CAC). Formed in 2015, CAC advises the Federal Reserve Board on issues affecting consumers and communities. The Federal Reserve Board also has two other advisory councils with members represent depository institutions.

Community 309

Community Washington Meeting Groups 309

ATM Marketplace

APRIL 13, 2021

Bitcoin ATMs or BTMs are already spreading across the U.S. and the world. Retailers however, might be wondering if Bitcoin ATMs are right for them. To uncover the answer to that question, we need to take a look at the origins of BTMs, some challenges they have dealt with and what opportunities they provide.

ATM 140

ATM Bitcoin Retail 140

TheGuardian

APRIL 13, 2021

Bill Crothers met Cabinet Office official several times after leaving post and becoming a director at failed lender A former top civil servant who went on to serve as a director of scandal-hit Greensill Capital is facing questions over a string of meetings he held with the head of the Cabinet Office after leaving Whitehall, as a Guardian investigation shows he had a shareholding in Greensill potentially worth $8m before the lender collapsed.

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Meeting Capital 126

Bobsguide

APRIL 13, 2021

Action must be taken following the European Securities and Markets Authority (Esma)’s review into Ucits liquidity risk management and market practices which identified shortcomings in documentation, procedures and how methodologies are compiled. “Without effective regulation in the.

Regulation 88

Regulation Risk Management Security Marketing 88

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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

Lending

BankInovation

APRIL 13, 2021

Julius Technologies won judges over with its big data analytics tool in this year’s Bank Automation Ignite DEMOvation challenge today. Enteruptors, an intelligent automation platform for small banks, came in second place in the competition. The Middletown, Del.-based Julius Technologies uses a proprietary framework that automates the building and support of a data architecture for […].

Technology 98

Technology Big Data Analytics Tools 98

BankInovation

APRIL 13, 2021

KeyBank is teaming up with IBM’s Watson to prototype a digital conversational experience, as part of its goal to combine the physical and digital experience for bank customers. Justin Hunsaker, the head of omnichannel experience at $170.3 billion KeyBank, highlighted the prototype and other new Keybank initiatives during Bank Automation Ignite today.

Retail 94

Retail 94

Cisco

APRIL 13, 2021

Today customers want to be addressed and looked after using modern means. The digital POS offers a new possibility. This allows banks to provide a kind of virtual branch – anywhere they want. The use of digital elements can make bank branches more attractive for customers. A customer enters her favorite café around the corner. A touch screen has recently been installed there.

Examples 76

Examples Mobile Online User Experience 76

Payments Source

APRIL 13, 2021

Payments 170

Payments Fintech 170

BankInovation

APRIL 13, 2021

Banks and financial institutions looking to leverage automated workflow solutions said today they want tools that can scale and function end to end while bringing specialized domain knowledge to the table. At the inaugural session of Bank Automation Ignite 2021, representatives from Citi Ventures, Synchrony Financial, Stash, OakNorth, and Unqork, spoke about their respective journeys […].

Tools 64

Tools 64

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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

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Payments Source

APRIL 13, 2021

Retail 154

Retail Payments 154

ABA Community Banking

APRIL 13, 2021

American Bankers Association Past Chair Laurie Stewart today said that her bank—Sound Community Bank in Seattle, of which she is CEO—has seen “great results” from Paycheck Protection Program loans made to small business customers over the last year. The post ABA Past Chair: ‘We’ve Seen Great Results’ from PPP Loans appeared first on ABA Banking Journal.

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Seattle Community Bank Community Lending 90

The Banker

APRIL 13, 2021

More jurisdictions around the world are levying punishing fines for money laundering breaches, but criminals are always innovating to avoid controls.

Trends 78

Trends Innovation 78

Payments Source

APRIL 13, 2021

Marketing 134

Marketing Data Payments 134

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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.

Lending

MyBankTracker

APRIL 13, 2021

As if moving wasn’t complicated enough, you may have to switch car insurance after moving to another state. Though it isn’t something you’ll need to do immediately, it will typically be required shortly after relocating to the new state. And there is one state (Michigan) where you will need to make the change immediately. How to Switch Car Insurance When Moving to Another State.

New Hampshire 52

New Hampshire Michigan Florida Policies 52

FICO

APRIL 13, 2021

Automated Model Monitoring Improves Capital Utilization. Alfa-Bank, the largest universal privately-owned bank in Russia, has used FICO® Decision Central to automate monitoring of its predictive models, in order to meet requirements from the Central Bank of Russia. The project has reduced report preparation time by more than 90 percent, created complete transparency into model performance and recommendations for improvement, and will help the bank qualify for an internal ratings-based (IRB) appr

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Management Analytics Compliance Meeting 52

MyBankTracker

APRIL 13, 2021

Getting life insurance is a great way to secure your family’s future should you unexpectedly die early. While purchasing a life insurance policy isn’t difficult, figuring out what to buy can be. One question often pops up when people are buying life insurance. That question is: “How much life insurance do I need?” The answer will vary based on every person’s specific situation.

Policies 52

Policies Guidelines How To California 52

Payments Source

APRIL 13, 2021

Fraud 112

Fraud 112

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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.

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TheGuardian

APRIL 13, 2021

Continue reading.

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Payments Source

APRIL 13, 2021

Cards 109

Cards Payments 109

The Paypers

APRIL 13, 2021

Payments-as-a-Service API platform Modulr has secured new investment from FIS Ventures, the corporate venture arm of global financial technology company FIS, for an undisclosed amount.

Financial Technology 41

Financial Technology Security Technology Payments 41

Payments Source

APRIL 13, 2021

Payments 99

Payments Fraud 99

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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.

Compliance

The Paypers

APRIL 13, 2021

Russia-based Ozon has announces that it has entered into a sale and purchase agreement to acquire 100% of Oney Bank from Sovcombank.

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ATM Marketplace

APRIL 13, 2021

What to consider when building and supporting your technology ecosystem

Technology 48

Technology Payments 48

The Paypers

APRIL 13, 2021

UK-based regulatory data integration player SteelEye has secured GBP 5 million of new funding from Beacon Equity Partners to expand into the North American marketplace.

Security 39

Security Data 39

American Banker

APRIL 13, 2021

Lending 81

Lending 81

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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.

Lending