Perficient
JANUARY 11, 2021
A global pandemic requires a quick response and accelerates digital transformation. The brands that can operate with speed and agility win in this environment. As consumers rely on their mobile devices now more than ever, mobile device and mobile app usage is surging. . eMarketer predict ed US adults spent over three and a half hours per day on mobile apps this year and expect this number to rise in 2021. .
PYMNTS
JANUARY 11, 2021
Mexicans and Mexican-Americans working in the U.S. sent a record sum of money to the southern country despite the staggering blows the U.S. economy took due to the pandemic, The Wall Street Journal reported, citing data from Mexico's central bank. During the first 11 months of the year, people in the United States sent $36.9 billion to Mexico, WSJ reported, citing data released by the Banco de Mexico.
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Perficient
JANUARY 11, 2021
Recently , I had a task to s horten URLs and remove the HTML extension in AEM. On top of that , I had to add a context root to the URLs so that these mappings would happen. /content/ myapp /en_US.html -> / mycontext /. /content/ myapp / en_US /homepage.html -> / mycontext / homepage/. /content/ myapp /es_ES.html -> / mycontext / es_ES /.
PYMNTS
JANUARY 11, 2021
Roblox , which operates an online gaming platform that spans millions of users and millions of variations of games or related interactions, plans to go public on the New York Stock Exchange via a direct listing in February, according to an SEC filing the company submitted. Roblox previously had planned to go public the usual way, allowing Wall Street investment bankers to find buyers for early blocks of shares before opening a stock to investors in the broader market.
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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
JANUARY 11, 2021
New data is available to show that the major carriers (UPS, FedEx and USPS) generally performed well compared to last year which is surprising given over 2 million packages still missed their Christmas delivery window. Perhaps as a response to all of the delays, a new crop of apps have appeared that “help” customers aggregate and track shipping status across their orders.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Perficient
JANUARY 11, 2021
DevOps vs. Agile is NOT a debate. Each one addresses a specific problem; when using together to build a product, it realizes the productivity gains. Agile and DevOps helps to take an idea and deliver it to produce business value. Architecture plays a vital role in bringing the concept and providing the right solutions to maximize productivity gains and business value. .
Payments Dive
JANUARY 11, 2021
The Identity Fraud in the Digital Age report, developed by Javelin Strategy & Research and sponsored by GIACT, details the challenges of preventing new and emerging fraud threats and what businesses should consider in their fraud prevention strategies for the year ahead.
PYMNTS
JANUARY 11, 2021
Buy now, pay later (BNPL) platform Affirm boosted the price range of its initial public offering (IPO), potentially raising $1.08 billion, according to a Monday (Jan. 11) filing with the Securities and Exchange Commission (SEC). The Silicon Valley startup is planning to offer 24.6 million shares of its common stock through the IPO, with a price range of $41 to $44 per share.
Payments Dive
JANUARY 11, 2021
According to Javelin Strategy & Research’s 2019 Identity Fraud Study, the total amount of identity fraud in 2018 amounted to $14.7BB and impacted 14.4MM adults in the U.S. — more than 5% of the total population. In 2020, amid the COVID-19 pandemic, the impact of fraud was higher than ever.
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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
PYMNTS
JANUARY 11, 2021
A California man has sued Robinhood Financial and Robinhood Securities, claiming he lost thousands of dollars after his brokerage account with the firm was breeched, according to a complaint. Siddharth Mehta, who filed the lawsuit in Superior Court for the state of California, is seeking class-action status in his case against the provider of low-fee brokerage services.
Abrigo
JANUARY 11, 2021
Plus what waiting lenders can do The latest round of the Paycheck Protection Program began with a head start for institutions aiding low-income areas. You might also like this whitepaper: "Beyond PPP: How Savvy Financial Institutions Can Propel Growth and Profitability with Technology" DOWNLOAD/WATCH. Takeaway 1 The Paycheck Protection Program's (PPP) latest round of funding opened up to CDFIs, MDIs, etc.
PYMNTS
JANUARY 11, 2021
Pakistan has debuted a government-run instant digital payment system to help with financial inclusion and government revenue, Reuters reports. Pakistan has the distinction as a country where only some economic transactions happen on the books. The new system is called "Raast," or "direct way," and will be rolled out in three phases culminating in early 2022, according to the news outlet.
Payments Dive
JANUARY 11, 2021
In advance of Nacha's upcoming WEB Debit Account Validation Rule, slated to take effect on March 19, 2021, this report serves as a guide on how to apply proper account validation measures.
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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.
PYMNTS
JANUARY 11, 2021
Corporate travel management platform TripActions said in a press release that its TripActions Liquid payments and expense system now integrates with leading corporate finance systems. Among the enterprise resource planning (ERP) systems with which TripActions Liquid communicates now are NetSuite, Microsoft Dynamics, Sage Intacct, SAP and Xero, according to the release.
Jack Henry
JANUARY 11, 2021
Let’s take a look at efficiency. To be blunt, it’s never a bad time for financial institutions to look for solutions that can help boost efficiency – especially in a world that’s become accustomed to technology, speed, and convenience. But because of recent events, the ability to quickly provide answers, complete transactions, and deliver service is now an absolute necessity.
PYMNTS
JANUARY 11, 2021
The price of bitcoin kept going up and up and up for months — to a high of more than $40,000. Then, on Monday (Jan. 11), the market came crashing down. CNBC reported that bitcoin (BTC), the largest cryptocurrency by market capitalization, fell over 12 percent from a day earlier, to as low as $30,863. According to Coinmarketcap, the overall value of the cryptocurrency market — or market cap —was $880 billion Monday morning, down from $1.08 trillion a day earlier.
Bobsguide
JANUARY 11, 2021
This is not a regular time - and, as Robert Frost said, "the best way out is always through” Even now, insurers are following the path of technological progress, trying to keep up with the market. Many actions have already been taken, key trends are being implemented by the industry, so.
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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.
PYMNTS
JANUARY 11, 2021
British challenger bank Revolut has submitted a banking license application to the U.K. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). Nik Storonsky , founder and CEO at Revolut, said in a press release on Monday (Jan. 11) that having a U.K. license for financial services will enable it to offer banking products “U.K. customers expect from their everyday primary bank account.” .
Payments Source
JANUARY 11, 2021
Revolut Ltd., one of Europe’s largest startups, has asked U.K. regulators for a full banking license to fuel expansion beyond its fintech roots.
PYMNTS
JANUARY 11, 2021
COVID-19 and the digital-first trend are sending U.S. retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. “These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.
Payments Source
JANUARY 11, 2021
The widespread shift to e-commerce and touchless payments during the pandemic has escalated fraud risk in those channels, including the possibility of fraudsters combining altered photos with synthetic ID, Experian warns.
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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.
PYMNTS
JANUARY 11, 2021
xSuite , a German provider of electronic document-handling services, especially those integrating with SAP software, has won a key government certification in Singapore, according to a press release. The country's Infocomm Media Development Authority (IMDA) has listed xSuite among companies whose electronic-invoicing products are suitable for use with the Peppol system.
Payments Source
JANUARY 11, 2021
In a bid to expand contactless card acceptance, Mastercard is testing its Cloud Tap on Phone tech with Napa, Calif.-based IT services provider Computer Engineering Group (CEG).
PYMNTS
JANUARY 11, 2021
The impact of the global pandemic on corporates' digitization journeys has been undeniable. Whether businesses were establishing their modernization roadmaps for the first time or simply accelerating the plans they already had in place, the COVID-19 crisis drove organizations to embrace technology at unprecedented levels in order to manage a remote workforce, supply chain disruptions and economic uncertainty.
Payments Source
JANUARY 11, 2021
Affirm Holdings Inc., which provides installment loans to online shoppers, increased the price range for its initial public offering, seeking to raise as much as $1.1 billion when it goes public this week.
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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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