Perficient
MAY 28, 2020
From crisis to recovery, healthcare providers have been on the front lines for months, protecting the health, safety and well-being of communities nationwide. But as restrictions are lifted and doors are reopened, there’s another big challenge on the horizon for many healthcare systems. The big question: when will patients come back – and how quickly?
Chris Skinner
MAY 28, 2020
I saw an interesting article the other day: I Don’t Feel Like Buying Stuff Anymore … our economy is built on Americans of all class levels buying things. What happens when the ability — and desire — to do so goes away? It’s theme is that when stuck at home … The post What happens if consumers stop consuming? appeared first on Chris Skinner's blog.
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Perficient
MAY 28, 2020
If you’ve driven a car, used a credit card, submitted a claim, or performed countless other everyday tasks, you’ve likely interacted with Pega. But what is it like to build those solutions, and better yet, why would someone want to build those solutions as part of the Pega team at Perficient? . According to our clients , our Pega team is top notch. But if you really want to get to the heart of what we do, keep reading to learn what our employees say about working on the Pega team at Perficient.
Chris Skinner
MAY 28, 2020
Things we’re reading today include … Banks determined to lock in Covid-19 tech changes What is the link between inflation and equity returns? The World Bank lands Carmen Reinhart as chief economist China’s economists debate deficit monetisation Lack of international cooperation will hinder economic recovery | Howard Davies SEC chair … The post Things worth reading: 29th May 2020 appeared first on Chris Skinner's blog.
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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
MAY 28, 2020
Cycle Counting is a key part of effective controls to maintain the accuracy and overall cost of Inventory. Physical Inventory Counts are critical to managing inventory accuracy and reporting on shrinkage. Effective Cycle Counting can eliminate or greatly reduce the need for Physical Inventory counting. Inventory accountants need to confidently and accurately report these numbers to investors and banks.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Perficient
MAY 28, 2020
Consumers want to be connected to the right people and the right information immediately. As a digital media and communications solutions provider, Intrado develops technology to make that a reality for consumers. They provide a wide variety of technology solutions for their customers including communication services. If you’ve ever filled a prescription or reset your modem via text message, you’ve probably used the software they’ve written.
PYMNTS
MAY 28, 2020
The Stellar Development Foundation (SDF) has made a $550,000 strategic investment to go toward SatoshiPay ‘s development of a B2B cross-border payments solution and its digital wallets, according to a press release. SDF’s investment came by way of convertible loan notes and was the third investment the foundation has made in SatoshiPay. The convertible loan notes will likely convert at the time of SatoshiPay’s next funding round, the release states.
Perficient
MAY 28, 2020
The Utilities industry is facing enormous change along with the rest of the world due to Covid-19 and its effects on commercial and residential consumption of energy. The industry has had to learn quickly to juggle demand and workforce planning. Oracle Utilities has long been a leader in industry applications for operations at power generation companies.
PYMNTS
MAY 28, 2020
When the United States economy locked down to slow the spread of the coronavirus, it rapidly and radically altered the way consumers browsed, shopped and paid for goods and services — and not all small- to medium-sized businesses (SMBs) were prepared. Businesses that did not have online shopping channels were unable to sell their products, and restaurants that did not offer online ordering for pickup or delivery could not serve their customers.
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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
Perficient
MAY 28, 2020
My previous blog outlined the potential risks associated with 5G. In my final blog of this series, I go into detail on what financial services companies should be doing now, to prepare. While it’s true that 5G has the potential to profoundly change the banking industry and be a more significant transformation for mobile technology than earlier generations, it’s also true that potential use cases, from connected payments to augmented reality, are unlikely to take place immediately.
PYMNTS
MAY 28, 2020
The global financial space has been severely impacted by the ongoing COVID-19 pandemic, with social distancing and stay-at-home guidelines preventing customers from visiting bank branches to access the services they need. Financial institutions (FIs) have been scrambling to bring these services to web and mobile channels in response, and are partnering with FinTechs to make these changes as quickly as possible.
Perficient
MAY 28, 2020
One scenario you may encounter is wanting to create a report containing information about our Sitecore instance and its content. In this blog, we will see a few methods of how we can create reports using Sitecore Powershell. Exporting Data as Plain Text File Using Out-Download Command. The Out-Download command is used to prompt the Browser client to download the generated output stored in the file named using – Name parameter.
PYMNTS
MAY 28, 2020
Google’s security experts had their hands full in April, as its Threat Analysis Group ( TAG ) emailed 1,755 warnings to users whose accounts were targets, the California-based global technology company wrote on its blog Thursday (May 27). These threats reflect a resurgence in hacking and phishing attempts by cyber criminals as the commercial and government-backed attackers try to seize opportunities for scams amid the COVID-19 pandemic, Google wrote.
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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.
Jack Henry
MAY 28, 2020
I think everyone can agree that 2020 has been a challenging year. Many banks and credit unions have turned to their digital platforms to stay engaged with their customers/members during the COVID-19 pandemic. Now is the perfect time to review compliance concerns as they apply to your digital platforms.
PYMNTS
MAY 28, 2020
As the nation tiptoes toward phased reopenings and embraces a return to at least some life lived in physical spaces as the curve flattens, we’re unlikely to return to banking as it once was. In an interview with PYMNTS, Simon Powley , head of global banking and digital strategy at Diebold Nixdorf , said financial institutions (FIs) are likely to see incremental shifts that combine digital activity with brick-and-mortar visits.
ATM Marketplace
MAY 28, 2020
Jason Kuhn, vice president of product marketing for Hyosung and leader in the ATM industry died on May 21, 2020. His loss is greatly felt throughout the ATM industry. Jason's business associates, family and friend share their thoughts and memories with ATM Marketplace.
PYMNTS
MAY 28, 2020
The Internal Revenue Service ( IRS ) wants to make sure you don’t throw out your prepaid $1,200 government stimulus debit card. Many people have done that, thinking the cards are junk mail and discarding them, according to MarketWatch. In a press release , the IRS states that the debit cards will arrive in plain envelopes from “Money Network Cardholder Services,” and are issued by Metabank , the Treasury Department’s financial agent — neither of which are commonly known names for most Americans
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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.
Bobsguide
MAY 28, 2020
C-suite executives and boards have already centred entire corporate strategies around Digital Transformation. With one of the most advanced legal environments in the world in terms of the relationship between law and business, Digital has naturally remained a top priority for UK businesses. Given.
PYMNTS
MAY 28, 2020
The Internal Revenue Service ( IRS ) wants to make sure you don’t throw out your prepaid $1,200 government stimulus debit card. Many people have done that, thinking the cards are junk mail and discarding them, according to MarketWatch. In a press release , the IRS states that the debit cards will arrive in plain envelopes from “Money Network Cardholder Services,” and are issued by Metabank , the Treasury Department’s financial agent — neither of which are commonly known names for most Americans
Bobsguide
MAY 28, 2020
Despite a rapid influx of applications, claims have emerged that the UK’s Future Fund will exclude the majority of startups and favour venture capital-backed companies. According to Anthony Rose, founder of SeedLegals, 80 percent of early stage investment in UK companies is carried out.
PYMNTS
MAY 28, 2020
After several very harrowing weeks, the ongoing drama of the Paycheck Protection Program (PPP) seems to have finally come to a close. As Ingo Money CEO Drew Edwards noted in the most recent digital discussion between himself, Karen Webster and Dan Speight , CEO at Planters First Bancorp , the time for small- to medium-sized businesses (SMBs) to seek PPP funds is, for all intents and purposes, over.
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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
MAY 28, 2020
About 78% of Mastercard’s European transactions are now contactless, and the company expects the shift in payment choice will be permanent.
PYMNTS
MAY 28, 2020
As challenging as the environment has been over the last 10 weeks or so, the pain points that have presented themselves aren’t necessarily new. As Mastercard Senior Vice President of Digital Payments Silvana Hernandez told Karen Webster in a recent conversation, the recent difficulties weren’t created by the COVID-19 pandemic so much as they were fully exposed by it and put under more pressure all at once.
Payments Source
MAY 28, 2020
As Erez Ben-Kiki and is wife tried to move her yoga business online — conducting classes via Zoom — they discovered that the process of monetizing such classes was surprisingly awkward. Ben-Kiki, the CEO and co-founder of company 2Key Network, spotted a gap in the market.
PYMNTS
MAY 28, 2020
Now that the era of full-stop lockdown is coming to an end and economic reopenings are under way to one extent or another in all 50 U.S. states, the $3.7 trillion question is: What happens next for retail ? Is a recovery on the way, and if so, what will it look like? PYMNTS recently put those questions to an all-star panel of experts for the “How We Will Shop” segment of our Powering The Digital Shift panel.
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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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