Fri.Feb 05, 2021

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Five Simple Commands to Manage Your AWS EC2 Instances Using the CLI

Perficient

I have a lab environment in Amazon Web Services (AWS) that consists of four small EC2 instances. When I’m not using the lab, I shut the instances down and then start them up when I need them. When I do this, they get new public IP addresses, and I need to know those addresses in order to connect to them. I wanted to simplify this whole process by using the AWS command line utility (CLI).

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Buy Now Pay Later: Why Millennials and Gen Zs are crazy for split payment options

Payments Dive

Buy Now and Pay Later has become a trend during 2020 and looks like, given the appeal it has for Millennials and Gen Z's it will be part of the payments industry in the future. Chaim Lever, co-founder of Four, a split-payment platform, shares his thoughts on why especially these two groups prefer to buy now and pay later.

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How to Create a Custom Dropdown Field in Sitecore

Perficient

Sometimes the out of the box dropdown field types in Sitecore do not provide the functionality you need. Maybe you want to pull options from an external data source. Perhaps you want to alter how options appear to the Content Author but store a different value as the raw value. You may even want to have a dropdown with selectable options based off field values already selected on the same item.

How To 354
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PPP Headaches: As Anti-Fraud Efforts Continue, Borrowers & Lenders Face Challenges

Abrigo

Moves to validate applicants create complaints The SBA is urging patience as it works to assist lenders with resolving "holds" on applications. You might also like this webinar: "Detecting PPP Fraud: Optimizing Your AML Solution". register. Takeaway 1 To prevent the kind of fraud that plagued the Paycheck Protection Program in 2020, the SBA has put new measures in place that have created challenges.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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

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The pandemic has opened myriad doors for payment innovation

Payments Source

COVID-19 has taken a great deal away from us in the past 12 months, but from a digital payments perspective, it has also opened the doors for new innovation and activity, says Cognizant Softvision's Karla Ch'ien.

More Trending

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CFPB probe of Venmo complicates PayPal's plans

Payments Source

The inquiry into Venmo's debt collection practices is a taste of what PayPal can expect as it expands to other categories that increasingly face regulatory pressure.

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Visa pilots settlement prediction service for client banks

BankInovation

Visa is leveraging AI and real-time analytics to pilot a new service that will help banks manage their transaction settlements. Smarter Settlement Forecast will be a subscription service available through the Visa Analytics Program, although Visa has not yet revealed the price. The service will provide Visa clients with a seven-day forecast of the settlement […].

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A fistful of dollars: transmission of global funding shocks to emerging markets

BankUnderground

Aakriti Mathur and Shekhar Hari Kumar. Emerging markets (EMs) have become more exposed to the global financial cycle in recent years. Positive liquidity shocks – that is, a loosening of global funding market conditions – have led to exchange rate appreciations, reductions in long-term bond yields, stock market booms, and increased gross capital flows to EMs ( Bhattarai et al (2018) ).

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California DFPI invites comments on rulemaking for new Consumer Financial Protection Law

CFPB Monitor

Yesterday, the California DFPI issued an invitation for stakeholders to provide input on rulemaking to implement the recently-effective California Consumer Financial Protection Law (CCFPL). Comments are due by March 8, 2021. As the invitation notes, pursuant to Cal. Fin. Code. Sec. 90001, the DFPI has broad authority to establish rules to implement the CCFPL.

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The State of Automation in Financial Services 2024 Report

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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OCC approves trust charter for second crypto firm

American Banker

Protego Trust Bank in Seattle will focus on providing custody services for investors that hold digital assets. The OCC decision comes weeks after the agency granted permission to a South Dakota trust company to offer crypto-related services.

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Pennsylvania Homeowners Insurance: Average Rates for Coverage

MyBankTracker

Home insurance is a common policy for homeowners, but do you know how this protection works? Homeowners insurance in Pennsylvania includes a standard level of coverage, with the option to add extra coverage known as riders. Understanding what’s covered (and what’s not covered) under a policy is vital to avoiding costly surprises. Here’s what you need to know about homeowners insurance in Pennsylvania, including information on coverage, deductibles, and techniques for getting a

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Immigrant-focused fintechs offer lessons for banks

American Banker

Startups such as Majority, Sable and Simba were created by newcomers to the U.S. who learned firsthand which services, including global remittances and financial education, their audience values most.

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What is Shadow Banking? And Why Should You Know About It?

FICO

The recent explosion of new financial product and service providers has started to capture a share of consumers’ attention and wallets, perhaps more so than many banks believe. FICO recently worked with Cornerstone Advisors to commission a study on the emergence of “shadow banking" providers – fintech startups, large technology companies, merchants, and others.

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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.

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The cashless Super Bowl is coming three years early

American Banker

Visa and partners fast-tracked the big game's digital overhaul as the pandemic caused a sharp spike in demand for contactless payments.

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Fintech Launches SaveBetter, an Online Savings Marketplace

BankDeals

The German financial technology company Deposit Solutions launched an online savings marketplace in the US late last year called SaveBetter.com.

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Truliant creates executive-level position focused on diversity

American Banker

The North Carolina-based credit union is one of a handful in the industry to prioritize diversity, equity and inclusion at the management level.

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Luso American Credit Union (MA) Offers Competitive Long-Term CDs

BankDeals

Luso American Credit Union (MA) has competitive long-term CDs with top rates on 4-year and 5-year terms. $500 minimum opening deposit. Also as IRA CDs.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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Lower taxes, more M&A: Behind a California bank’s move to Texas

American Banker

First Foundation is relocating its corporate headquarters to Dallas, where the tax burden is lighter and it sees more opportunity to beef up lending, add wealth management clients and pursue acquisitions of community banks.

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France-based DIY marketplace ManoMano increases focus on Germany and the UK

The Paypers

France-based DIY marketplace ManoMano has announced plans to double down on Northern Europe in 2021.

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Get the transition to green financing right

American Banker

Regulators are right to encourage environmentally responsible lending, but with the transition to a low-carbon economy likely to take decades, they can’t allow banks to cut off lending to polluting firms cold turkey — especially to those making good-faith efforts to lower emissions.

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Taiwan's LINE Bank gets operational license

The Paypers

Taiwan-based LINE Bank has announced that it has been granted an operational license by Taiwan’s Financial Supervisory Commission for launching an internet-only bank.

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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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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American Partners FCU enters Virginia via old Fidelity Bank branch

American Banker

The North Carolina-based credit union, which purchased the vacant bank branch last summer, serves some members across the state line but has not had a brick-and-mortar presence there until now.

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Spain releases guidelines for minimising crypto tax evasion risk

The Paypers

The State Agency for Tax Administration of Spain has published guidelines to reduce tax evasion for cryptocurrencies, such as bitcoin, according to news.bitcoin.com.

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CUNA's credit union awareness drive stuck in low gear

American Banker

The onset of COVID-19 forced the industry’s largest trade group to put its Open Your Eyes campaign on hold, but nearly a full year later it’s still struggling for industry buy-in.

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South Korea extends ban on short-selling

The Paypers

The South Korean Financial Services Commission has announced it will be extending a ban on short-selling after the GameStop share price pump.

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.