Chris Skinner
APRIL 19, 2020
A lot of things seem irrelevant right now, as we sit in the dark of a crisis, but life will go on and things do go on. It therefore intrigued me to see that Accenture has just performed a survey around purpose-driven banking. Purpose-driven banking is something I started writing … The post Purpose-driven banking research finds a 9% uplift in revenues appeared first on Chris Skinner's blog.
PYMNTS
APRIL 19, 2020
Funding Circle has been given the go-ahead by the British Business Bank to distribute business loans to small- to medium-sized business (SMB) owners hurting because of the coronavirus pandemic, according to a company blog post. Funding Circle said it will only be focused on Coronavirus Business Interruption Loan Scheme (CBILS) loans for now, and in doing so, will be unable to service retail lenders as it usually does.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Chris Skinner
APRIL 19, 2020
Things we’re reading today include … Bank of England governor piles pressure on bank CEOs Big Banks, Readying for a Recession, Set Aside Billions ‘Banks will behave better this time than during financial crisis’ How the coronavirus has hit the biggest US banks, in five charts U.S. banks seek term … The post Things worth reading: 20th April 2020 appeared first on Chris Skinner's blog.
PYMNTS
APRIL 19, 2020
TravelBank ’s new Work From Home platform will allow businesses to set expenses and figure out logistics for working from home during the coronavirus pandemic, according to a press release. The expense management company said the program is intended to help set clear expectations for what employees can and can’t expense while working from home. The program will incorporate questions about groceries, home internet, virtual fitness classes, and ergonomic desk chairs, among other items, in terms of
Advertisement
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
APRIL 19, 2020
Fast-moving payments innovation was already threatening comfortable connections between consumers and businesses before the pandemic turned the trend into an outright crisis.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
ABA Community Banking
APRIL 19, 2020
The COVID-19 outbreak has prompted banks to move with lightning speed toward mobile work arrangements—and with that move comes pressing new considerations. Supervisors are adjusting to managing remote workers. IT departments are feeling the strain of equipping huge numbers of people with secure network access and mobile devices. And security issues must be reassessed in [.].
Banking Exchange
APRIL 19, 2020
The power of digital in keeping the global economy hanging on by a thread through the present shutdown cannot be ignored Bank Performance The Economy Technology Tech Management Mobile Online Feature3 Fintech Financial Research Feature Financial Trends Management.
Payments Source
APRIL 19, 2020
When we go back to normal, it's our opportunity to start making long-overdue infrastructure upgrades, says Nvoicepay's Derek Halpern.
Banking Exchange
APRIL 19, 2020
One sector that supports more than 211,000 full-time jobs has been excluded from COVID-19 federal aid: cannabis Bank Performance The Economy Feature Financial Trends Lines of Business Risk Management Feature3 Community Banking.
Advertisement
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
American Banker
APRIL 19, 2020
Citizens, Regions and others say business investments initiated before the coronavirus crisis, including technology improvements and new consumer offerings, are on track.
BankBazaar
APRIL 19, 2020
How well-informed are you about COVID-19? Take this quiz to find out. Remember, knowledge is power! Stay safe! Coronavirus is mainly transmitted from one person to another via: Dandruff. Respiratory droplets from mouth or nose. Eye contact. Correct! Wrong! For how long must you wash your hands to prevent the spread of germs? 5 seconds. 1 second. 20 seconds.
The Paypers
APRIL 19, 2020
PCI Pal , a global provider of payment solutions, has launched a rapid deployment version of its payment services.
The Financial Brand
APRIL 19, 2020
Existing strategic plans of banks and credit unions must be reassessed now to reflect the seismic shifts caused by COVID-19. The post It’s Time to Throw Out Your 2020 Strategic Plan appeared first on The Financial Brand.
Advertisement
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.
The Banker
APRIL 19, 2020
Saudi banks are hoping their healthy liquidity and capital levels, plus swift acceleration of their digital capabilities, will help them ride out the pandemic. John Everington reports.
The Paypers
APRIL 19, 2020
Branch, a challenger bank that partners with employers, has announced an integration agreement with Servant Systems, the software developer for the Domino’s PULSE Franchise Office System.
The Financial Brand
APRIL 19, 2020
Having any mobile product helped financial institutions serve people during the contagion. But 'adequate' won't cut it in the new reality. The post Over the COVID Horizon, Mobile Banking Demands Strategic Clarity appeared first on The Financial Brand.
PYMNTS
APRIL 19, 2020
The hospitality group behind Ruth’s Chris Steak House — operator or franchiser of 159 restaurants — showed a profit of $42 million on $468 million in revenue in 2019 and a workforce topping 5,000, according to The Wall Street Journal. Yet, the company is one of many big conglomerates that bagged forgivable loans from the government’s $350 billion Paycheck Protection Program (PPP).
Advertisement
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.
The Financial Brand
APRIL 19, 2020
Social media is a shifting target for banks and credit unions. The key is a coordinated organic and paid strategy. Here's how to pull it off. The post Why Organic + Paid Social Is a Powerful Strategy for Financial Marketers appeared first on The Financial Brand.
PYMNTS
APRIL 19, 2020
Fitness chain 24 Hour Fitness is looking at a possible bankruptcy due to the coronavirus , as well as mounting debt concerns and the fact that every single one of its 448 locations has closed down, according to CNBC. 24 Hour Fitness, which has said it plans to suspend membership payments if it is unable to open its locations, faces hundreds of thousands of dollars in debt set to spring maturity by 2022 if it remains outstanding.
PYMNTS
APRIL 19, 2020
A lobbying effort has pitted the restaurant industry against insurers as the American economy attempts to find its way out of the coronavirus pandemic, according to The Wall Street Journal. The restaurants want President Donald Trump to pressure insurance companies to cover “business interruption” claims during the pandemic. Restaurants and allies say the mass shutdowns of most businesses constitute business interruptions, even though some restaurants have policies excluding losses from pandemic
PYMNTS
APRIL 19, 2020
Tom Donohue, CEO of the U.S. Chamber of Commerce, is urging Congress to finish up a plan for the next round of stimulus spending by Monday (April 20), according to CNBC. Speaking on CNBC’s “Closing Bell,” Donohue said lawmakers all “understand it” and everyone would face blame if more was not done to mitigate the coronavirus ‘s impact, especially in an election year.
Advertisement
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.
Expert insights. Personalized for you.
386 
Let's personalize your content