Perficient

AUGUST 12, 2020

As workers continue to remain remote, Microsoft Teams usage continues to grow. The reason for that is simple, with Teams being seen as potentially the ultimate application platform. For organizations that are new to Teams, though, there is a lot to know in order to get the most out of it. It isn’t just about the number of tools, either – the ability to get your people to adopt Teams is crucial to its success.

Management 332

Management Meeting Tools Technology 332

PYMNTS

AUGUST 12, 2020

To gain riches – go public or stay private and sell to a high bidder? In a stock market that seems to continuously flirt with new highs, the answer seems to be: Aim for the IPO. To that end, as reported earlier this week, BigCommerce , the software as a service (SaaS) firm that focuses on eCommerce, went public, surging more than 200 percent on its first day of trading.

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Taxes Survey Online Tools 276

Accenture

AUGUST 12, 2020

Small to medium-sized enterprises with up to 250 employees—SMEs—are the bedrock of economies worldwide. In the UK alone there are six million of them, collectively employing 17 million people. Until recently they were also a very dynamic segment, achieving strong growth over the past couple of years. But, as we all know, COVID-19 has changed…. The post UK banks can still build trust and revenues with SMEs post-COVID appeared first on Accenture Banking Blog.

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PYMNTS

AUGUST 12, 2020

Nium , the global FinTech platform, announced in a press release emailed to PYMNTS that users will be able to make payments through Google Pay with its company Visa cards. In addition, Nium subsidiary InstaReM is also partnering with SBM Bank India to help boost remittances out of the country. Nium’s Google Pay announcement, according to the release, will help it become more accessible across the world.

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Google Cards Payments US 265

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

US

Abrigo

AUGUST 12, 2020

Key Takeaways The coronavirus pandemic has upended financial institutions' long-term business strategies, but now FIs have an opportunity to consider how consolidation can create greater efficiencies and better results – especially in the area of CECL and valuation calculations. FIs must confront misconceptions about relating fair value and CECL, such as the belief that discount rates are the same for fair value and CECL.

Capital 195

Capital System Comparison Strategy 195

Abrigo

AUGUST 12, 2020

Key Takeaways The coronavirus pandemic has upended financial institutions' long-term business strategies, but now FIs have an opportunity to consider how consolidation can create greater efficiencies and better results – especially in the area of CECL and valuation calculations. FIs must confront misconceptions about relating fair value and CECL, such as the belief that discount rates are the same for fair value and CECL.

Capital 195

Capital System Comparison Strategy 195

PYMNTS

AUGUST 12, 2020

Federal Reserve officials said they don’t think the economy is coming back in full until the pandemic is contained, Reuters reported. Instead, U.S. citizens will likely have to learn to “live with” the virus for now, according to the report. Eric Rosengren , president of the Federal Reserve Bank of Boston , said in an online event with the South Shore Chamber of Commerce in Massachusetts that the lagging economic performance of the last few months will likely continue for the f

Dallas 242

Dallas Massachusetts Boston Survey 242

Abrigo

AUGUST 12, 2020

Key Takeaways The coronavirus pandemic has upended financial institutions' long-term business strategies, but now FIs have an opportunity to consider how consolidation can create greater efficiencies and better results – especially in the area of CECL and valuation calculations. FIs must confront misconceptions about relating fair value and CECL, such as the belief that discount rates are the same for fair value and CECL.

Capital 195

Capital System Comparison Strategy 195

PYMNTS

AUGUST 12, 2020

Faced with the prospect of classifying its drivers as full-time employees, Uber Technologies Inc. is likely to shut down temporarily in California. “If the court doesn’t reconsider, then in California, it’s hard to believe we’ll be able to switch our model to full-time employment quickly,” CEO Dara Khosrowshahi told MSNBC Wednesday (Aug 12). At the request of California Attorney General Xavier Becerra Monday (Aug. 10), a judge granted a preliminary injunction requiring Uber and Lyft to stop clas

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California New York Company Technology 234

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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

Payments Source

AUGUST 12, 2020

Stripe is expanding its digital payment technology into new industries, and is also welcoming a series of notable executives with backgrounds that are mostly outside merchant technology. But they also have experience with much larger companies, a necessary skill as Stripe tries to grow out of its status as fintech upstart.

Fintech 165

Fintech Industry Technology Payments 165

PYMNTS

AUGUST 12, 2020

For decades, the insurance industry is quite literally a lifeline for those affected by unfortunate events. As service providers in the business of disasters and disruptions, insurance companies have had a front-row seat to the ways the pandemic has affected their small business policyholders. For Next Insurance , the impact was “devastating” for many, according to the firm’s Chief Operating Officer Sofya Pogreb. “It became immediately apparent to us how hard-hit our cust

Policies 229

Policies Marketing Strategies Industry Payments 229

Payments Source

AUGUST 12, 2020

Major payment companies have long looked on at cryptocurrencies as too risky to touch, but too tempting to ignore. Mastercard's latest move signals that the card brands are ready to make a firm pitch for crypto spending.

cryptocurrency 158

cryptocurrency Payments Branding Cards 158

PYMNTS

AUGUST 12, 2020

Face masks have become a part of most people’s day-to-day lives as the physical world reopens with some restrictions amid COVID-19. The fact that the masks rapidly became the fashion-statement accessory of summer 2020 should surprise absolutely no one. Over the years, many things have been described as “must-haves,” but the face mask is possibly the only one that can claim that distinction literally.

Sacramento 223

Sacramento Metro America Hawaii 223

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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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BankUnderground

AUGUST 12, 2020

Galina Potjagailo and Maik H. Wolters. Global financial cycles: a long-term affair. Today’s financial system is global: credit and several financial asset classes show booms and busts across countries, sometimes with severe repercussions to the global economy. Yet it is debated to what extent common dynamics rather than domestic cycles lie behind financial fluctuations and whether the impact of global drivers is growing.

Policies 143

Policies Maine Analysis Marketing 143

PYMNTS

AUGUST 12, 2020

Amid the great digital shift, there are still pockets of commerce — and even entire countries — where cash is king. As detailed by NPR, though at least some verticals, such as grocery stores, accept card transactions (and thus see at some volume of contactless payments), a significant number of smaller businesses rely on cash to keep revenues coming in.

Course 221

Course Cards Fintech Payments 221

Payments Source

AUGUST 12, 2020

ACH network steward Nacha says Visa has been added to its list of partners for a payment information exchange it is creating to help credentialed service providers share and manage electronic payments information for faster and more secure processing.

Security 118

Security Management Payments 118

PYMNTS

AUGUST 12, 2020

A California judge this week ordered Uber and Lyft to stop classifying their workers as independent contractors and start classifying them as employees, an order the two firms have 10 days to comply with barring further legal action. Both firms have already requested stays while they file appeals, but the ruling could have big potential consequences for the gig economy.

California 220

California San Diego Los Angeles San Francisco 220

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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

Payments Source

AUGUST 12, 2020

Chargeback requests have surged since the start of the coronavirus pandemic, as airlines have canceled flights, performers have postponed concerts and supply chain disruptions have delayed the delivery of many goods.

Industry 118

Industry Cards Payments Fraud 118

PYMNTS

AUGUST 12, 2020

Amazon will have a free, three-day “virtual conference” for sellers on its platform from Sept. 1-3, the company announced on Wednesday (Aug. 12). The company said the event will feature “Amazon executives, current sellers and independent online-selling experts who will share their insights and ideas.”. According to the announcement, the Amazon Accelerate conference is bringing together small to medium-size businesses (SMBs) for its “largest-ever U.S. event dedicated to seller success.

Conference 201

Conference Community Branding US 201

TheGuardian

AUGUST 12, 2020

Indigenous people in headwaters region say financing harms communities and ecosystems Indigenous people living at the headwaters of the Amazon have called on European banks to stop financing oil development in the region, as it poses a threat to them and damages a fragile ecosystem, after a new report found $10bn in previously undisclosed funding for oil in the region.

Regional 112

Regional Community Report America 112

PYMNTS

AUGUST 12, 2020

Visa has become a part of the ranks of companies experimenting with Phixius, a technology that assists credentialed service providers in exchanging and supervising digital payments data, NACHA said in a Wednesday (Aug. 12) announcement. “Joining Phixius is a logical next step in the expansion of Visa’s solutions driving efficiency and delivering value added services to buyers and suppliers,” Alan Koenigsberg , SVP, global head of new payment flows, Visa Business Solutions, said in th

Data 198

Data Payments United States Fraud 198

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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

Payments Source

AUGUST 12, 2020

The rapid move online boosts false positives, false negatives and actual fraud, says Adara's Nguyen Nguyen.

Fraud 127

Fraud Online Payments 127

PYMNTS

AUGUST 12, 2020

The eCommerce industry is trying to find balance as more consumers purchase via digital channels while overall customer spending is dipping during the pandemic. This means marketplaces cannot afford to simply ride the digital engagement wave — they must actively entice spend-wary consumers to buy from their platforms instead of competitors’. Seamless customer experiences are essential because consumers that face onboarding strains are likely to seek services elsewhere, Rodrigo Rodríguez , assort

Customer Experience 197

Customer Experience Maine Regional America 197

Payments Source

AUGUST 12, 2020

The complexity of the migration is an opportunity to examine other elements of the payment experience, says TNS' Brian DuCharme.

Cards 115

Cards Payments Fraud 115

PYMNTS

AUGUST 12, 2020

AscendantFX Capital , which works in technology-based payment innovations, has joined the SWIFT Network for the benefits it offers, including better transparency and faster payments, the company announced in a Wednesday (Aug. 12) press release. By using the SWIFT Global Payment Initiative (gpi), the company hopes to access better API capabilities and improve its own aPay platform.

Innovation 193

Innovation Capital Payments Data 193

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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.

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