Perficient
AUGUST 6, 2020
This is a step-by-step tutorial to call Google Map through API for people with little experience in Javascript. If you are familiar with the language, you should be able to follow along the instructions in the Google Maps Platform without a hitch. This post is perfect for those who just want to follow along in order. Here is the link to Google Maps Platform for reference: [link].
PYMNTS
AUGUST 6, 2020
As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. Also seen in this week’s roundup of the latest in open banking and bank-FinTech collaborations is an emerging use of application programming interfaces (APIs) to enhance payments via both new and legacy rails.
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Perficient
AUGUST 6, 2020
As you navigate the current landscape, providing a personalized and superior customer experience is more important than ever before. Successful leaders recognize that communicating with customers effectively can be the difference between standing out or losing a customer to a competitor – especially now. Join us for a discussion about how cloud-based contact centers can help you elevate your customer engagement game and stand apart from your competition.
PYMNTS
AUGUST 6, 2020
Goldman Sachs has named Matthew McDermott its new global head of digital assets, in a move signaling the bank’s renewed commitment to that area of banking, CNBC reported. McDermott, previously a managing director for Goldman who was in charge of running the company’s internal funding operations, is a veteran of old-school financing markets, according to the network.
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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
Payments Source
AUGUST 6, 2020
PayPal is improving its ability to reach innovators, adding a key executive in its recent hire of former Wells Fargo senior vice president and fintech veteran Peggy Mangot to be operating partner at PayPal Ventures, PayPal’s VC team.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Jack Henry
AUGUST 6, 2020
Good. Fast. Cheap. Back in my ad agency days, these three words were a vexing Venn diagram that we creatives (copywriters and designers) used to rant about discuss when we tried to deliver on our clients’ expectations. Clients wanted all three. But that was impossible—we could only pick two, at best. Fast-forward to today’s exploding world of fintech, and we have a similar discussion taking place about tradeoffs.
PYMNTS
AUGUST 6, 2020
Goodbye, corporate expense cards and hello, “Zero Card?”. Paystand on Thursday (Aug. 6) rolled out its new Zero Card , a touchless, pre-paid, digital corporate expense card that the California FinTech is hoping will give the traditional corporate expense card a run for its money. Still, while Paystand, known for its blockchain -enabled commercial payments platform, is hoping to spark a mini-revolution in the corporate expense card space, the Zero Card is designed to work the same way as a tradit
Payments Source
AUGUST 6, 2020
The agility and struggle to adapt are the main traits a fintech company should possess to survive the crisis and thrive afterward, says Genome's Daumantas Barauskas.
PYMNTS
AUGUST 6, 2020
Reward , the European bank customer engagement firm, is expanding its partnership with Visa to provide loyalty programs across Europe, according to a press release. Reward intends to build on its successful U.K. project, in which it provides customer engagement services and content for numerous U.K. client programs for Visa, which contain rewards and work with several big retailers.
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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
Payments Source
AUGUST 6, 2020
The coronavirus outbreak initially looked like it might torpedo U.K.-based Paysafe’s plan to expand in the U.S. in 2020. But several months into the pandemic, the payments conglomerate sees ways it can grow by helping bruised small businesses retool operations.
PYMNTS
AUGUST 6, 2020
Adidas AG , the global sneaker maker, revealed losses of nearly $400 million in the second quarter (Q2) amid store closures to prevent the spread of the coronavirus. Business Insider reported that the German-based company saw sales dive by 35 percent to 3.6 billion euros ($4.3 billion) in the quarter. At the same time, Adidas suffered an operating loss of 333 million euros ($394 million).
Payments Source
AUGUST 6, 2020
One of the few clear implications from the initial two months of the lockdown with the changes to consumer behavior and the uncertainty ahead is the imperative for organizations to regain clarity on credit risk by obtaining a more complete picture of consumer creditworthiness, says LexisNexis Risk Solutions' Ankush Tewari.
PYMNTS
AUGUST 6, 2020
The IT firm Coke One North America Services (CONA), owned by the major Coca-Cola bottling companies, will try out the Baseline Protocol, a public Ethereum blockchain technology targeted at large enterprises. The trade publication Ledger Insights said that blockchain startups Unibright and Provide are involved in the project. Ethereum ’s website says that it is “a technology that lets you send cryptocurrency to anyone for a small fee.
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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.
Payments Source
AUGUST 6, 2020
Paystand's Zero Card leverages its proprietary blockchain-based bank-to-bank payments network in combination with a virtual Mastercard.
PYMNTS
AUGUST 6, 2020
Grocery chain Kroger is rolling out a new contactless pay solution at its Quality Food Centers (QFC) locations, according to a press release. The pilot will be introduced in the Seattle, Washington area, the company said, and will let customers use their mobile phones to pay in a seamless manner. The method is a popular one in the time of the pandemic, as people try to avoid making contact with one another to avoid spreading the coronavirus.
Payments Source
AUGUST 6, 2020
The central bank released new details about FedNow, which officials hope to get off the ground before a 2023 or 2024 target launch date.
PYMNTS
AUGUST 6, 2020
As vice president of product at Roku , Mark Ely works with connections. He’s the executive in charge of making sure that the Amazons and Best Buys of the world are fully stocked with the company’s streaming devices, home audio equipment and accessories. But part of Ely’s job involves disconnecting, because what has made Roku so successful is its acceleration of “cutting the cord” — which entails consumers opting out of their cable services and opting into streaming services.
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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.
Matt Wilcox Pro
AUGUST 6, 2020
What to do with an old bank building? Originally posted April 8, 2019. Last week nostalgia swept over me as I stepped inside an architectural masterpiece. An elegant survivor from banking’s bygone era of marble and polished brass, the entire building suggested strength, security, and longevity, all needful symbols for the early 20th century when people weren’t […].
PYMNTS
AUGUST 6, 2020
Stripe , the San Francisco-based company which works to build economic online infrastructure, announced in a press release that Mike Clayville , a 36-year sales veteran of companies like Amazon Web Service (AWS), VMware and BEA Systems, would be joining to help grow the company’s global sales organization. Clayville’s role will be chief revenue officer, and he will be in charge of scaling Stripe to meet the challenges of the new online digital world economy, working to enable more startups
BankInovation
AUGUST 6, 2020
Square is looking to replicate the success it has seen with consumers through its Cash App for small businesses. In response to a question during Square’s second-quarter earnings call about creating a digital wallet tying together Square’s varied financial products, Square CEO Jack Dorsey said, “It’s a great idea.” “All these tools connected in the […].
PYMNTS
AUGUST 6, 2020
Monzo Bank Ltd, the London-based online bank, must now have a capital worth of 13.6 percent of its risk-weighted assets to guard against potential losses. The Financial Times (FT) reported the new requirements are among the first signs the Bank of England ( BoE ), the United Kingdom’s (U.K.) central bank, will implement its promise to strengthen capital planning and governance at fast-growing, smaller lenders.
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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
AUGUST 6, 2020
Credit card debt has actually gone down since the pandemic struck, with many consumers spending less while using bailout money to chip away at balances. But that may not last.
PYMNTS
AUGUST 6, 2020
BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. On Wednesday, shares of the company began trading up 183 percent from its IPO price, which is the second-biggest gain this year on the U.S. exchange for a company raising at least $100 million, according to Bloomberg’s data.
BankInovation
AUGUST 6, 2020
Citizens Bank is refining its approach to consumer data usage, chatbot tech and combining online experiences with human expertise, thanks to new data from the bank’s inaugural “Banking Experience Survey,” which ran June to July and was released last week. Citizens found a generational divide when it comes to privacy and data sharing. Younger consumers […].
PYMNTS
AUGUST 6, 2020
Online crafts giant Etsy Inc. reported huge Q2 gains Wednesday (Aug. 5) in its total number of buyers, sellers and gross merchandise sales as COVID drove consumers to its platform to purchase face masks and other items. “Our extremely strong second-quarter results … [are] a testament to the agility of our team, the strength of our brand, the innovation of our sellers and the unique and special nature of inventory on our core Etsy marketplace,” CEO Josh Silverman said in announcing the resu
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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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