Perficient

NOVEMBER 9, 2020

When most people think about marketing automation, they think about sending emails to contacts. But, what can you really do with the right marketing automation tool? You can send personalized emails, text alerts, nurture customers, save internal time and resources, and create an overall better experience between your brand and your customer. With that being said, how can marketing automation benefit the healthcare industry?

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Marketing Automation Marketing Resources System 525

Accenture

NOVEMBER 9, 2020

In my previous post, I wrote about the changing dynamics in the cloud conversation. But a conversation is just that—a conversation. It’s meaningless if banks don’t take action. In this post, I will outline the considerations for a successful cloud strategy, potential value and overall challenges. For more information, read our detailed report The Cloud….

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Strategy How To Report 384

Perficient

NOVEMBER 9, 2020

Perficient is excited to announce that our Detroit office has officially been named a 2020 Top Workplace in Michigan! This is the fifth Perficient office to be recognized for being a top place to work this year – showing that our people and our culture continue to shine, even during this difficult time. So what makes our Detroit office a top workplace?

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Payments Dive

NOVEMBER 9, 2020

This e-learning series is designed to help traditional transaction-focused banks effectively harnesses the power of transformation to build an ideal customer experience for their retail network.

Customer Experience 365

Customer Experience Retail 365

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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

Perficient

NOVEMBER 9, 2020

Optimizing the recruiting process has become an ever more essential HR function especially in a disruptive business trend like todays. Finding the right skillset and fulfilling vacant positions in a timely manner has a direct impact to an organization’s commitments, supply chain upkeep and overall company performance. Our analytics team at Perficient has devised a solution specifically for organizations who run their recruiting in Taleo.

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Analytics Data Report Management 322

Abrigo

NOVEMBER 9, 2020

Key Takeaways Effective loan administration will protect margins and balance sheets at banks and credit unions as they handle the effects of the pandemic-induced economic crisis. Sound loan administration software or systems will generate accurate, timely information in a secure environment. Your loan administration should help detect emerging problems and improve auditability.

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PYMNTS

NOVEMBER 9, 2020

For most of us, a stroll down the chilled or frozen food aisle in the supermarket is essentially an in-store version of window shopping. But for Chicago-based Cooler Screens , all those clear refrigerator doors are a potential goldmine. “We are taking advantage of unused capacity,” Cooler Screens Chief Technology Officer Rob Dravenstott told PYMNTS in a recent interview.

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Retail Innovation Video Chicago 277

South State Correspondent

NOVEMBER 9, 2020

Being able to adapt and pivot is the hallmark of success in 2020. There are many new skills that we picked up, how to work various video conferencing applications, how to do remote check-ins, and, of course, how to run your entire bank from your home dining room table. One skill that still can use some work is our approach to training, coaching, and conversations.

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PYMNTS

NOVEMBER 9, 2020

When it comes to the scope of changes that businesses have implemented in the past seven months of COVID-era adaptation, characterizing the digital shift as a mere “acceleration” would be an understatement. “I think when the pandemic hit in early March, it really put a gun to the head of many companies by taking what have been Byzantine processes around accounts payable or accounts receivable and moving to much more digital means,” Jay Dearborn , president, corporate payments of WEX Inc. , told

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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

Report

Payments Source

NOVEMBER 9, 2020

Ahead of a holiday shopping season that should focus heavily on e-commerce, Amazon is updating its rewards program to keep delivery drivers interested in handling its packages.

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Cards 163

PYMNTS

NOVEMBER 9, 2020

“Digital transformation.” The term suggests a permanent departure from the physical, but that’s not the whole of it. As COVID-19 continues to modify ideas around how we shop and pay, consumers and B2B buyers are also making choices about where to shop: online or in-store? The answer is “both,” but there the simplicity ends. It’s the old story about how we don’t miss something until it’s gone.

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Payments Source

NOVEMBER 9, 2020

The everyday occurrence of patients leaving medical appointments or hospital stays with no idea what their insurance will cover, what they owe or what payment options exist would change dramatically if health care facilities turn to technology that delivers accurate billing at checkout.

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Payments Technology Industry 154

PYMNTS

NOVEMBER 9, 2020

With the global pandemic creating a market of volatility, corporate spend is down as businesses look to safeguard their bottom lines against macroeconomic headwinds. Recent analysis from the World Advertising Research Center forecasted corporate spend on advertising campaigns this year to drop by 8.1 percent — or nearly $50 billion — for example, CNBC reported.

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Innovation Fintech Payments Mobile 255

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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

CFPB Monitor

NOVEMBER 9, 2020

On November 13, 2020, from 12:00 p.m. to 1:00 p.m. ET, we will present a webinar on the CFPB’s final collection rule. Click here for more information and to register. Continuing our series of blog posts breaking down the CFPB’s final debt collection rule, we now discuss the use of email and text messages, and how to qualify for a safe harbor from civil liability for unintentional third party disclosures resulting from these types of communications.

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Examples Regulation System Operations 113

PYMNTS

NOVEMBER 9, 2020

News on Monday (Nov. 9) that Pfizer’s experimental COVID-19 vaccine has delivered a preliminary 90 percent success rate sent consumers’ hopes soaring, fueling a rally in stocks of dine-in restaurants and other companies linked to how we used to live. For instance, shares of Brinker International, which operates or franchises about 1,600 Chili’s Grill and Bar locations and other eateries, were up 15 percent as of midday Monday.

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Kentucky Survey New Jersey Dallas 253

Payments Source

NOVEMBER 9, 2020

In today’s changing work environment, a one-size-fits-all policy does not make sense. An AI-based system means organizations rely less on an auditor’s luck in catching expenses abuses, and more on a systematic, evidence-based, and consistently fair approach, says AppZen's Andrew Foster.

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Management Policies System Payments 117

PYMNTS

NOVEMBER 9, 2020

Nuro , a startup focused on robotics use in daily life, has raised $500 million in a Series C funding round, according to a Medium post. The round was led by funds and accounts advised by T. Rowe Price Associates, with participation from new investors, including Fidelity Management & Research Company and Baillie Gifford. SoftBank Vision Fund 1 and Greylock, which are existing investors, also participated in the round, the post stated.

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Houston Arizona Texas California 249

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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.

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Payments Source

NOVEMBER 9, 2020

Bitcoin has underpinned the next generation of currencies, while showing that central banks are not necessarily needed as administrators or gatekeepers.

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Bitcoin cryptocurrency Payments 116

PYMNTS

NOVEMBER 9, 2020

Payer Financial Services has developed a new registration product to change how customer relations are made between companies online through better identity verification services, according to a press release. The new product will let eCommerce merchants verify new customers as trustworthy, to ease some of the difficulties of making new transactions, the release stated.

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Taxes Security Online Software 238

Payments Source

NOVEMBER 9, 2020

Opening a bank or investment account — or even securing employment in a racism-free workplace — is out of reach for many Black Americans.

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Security FDIC 118

PYMNTS

NOVEMBER 9, 2020

With a new Google Play app called Device Lock Controller, creditors for installment phone plans have gained the ability to restrict access to one's phone if they don't make a payment on time, according to a report from XDA. But the app wasn't supposed to be available in the U.S., the company said, per the XDA report. Google, in an update to the XDA story, called the quiet launch of the app on Google Play a mistake and said the app wasn't intended to have been launched that way.

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Google Trends Report Payments 230

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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.

Compliance

Matt Wilcox Pro

NOVEMBER 9, 2020

Antitrust and other anti-anti-competition laws (the two antis are intentional) make for a curious game. They allegedly protect consumers, yet consumers are hardly ever principal players in the game. Actions are more often brought by underdog competitors and would-be dragon-slayers in government. There is no better case in point than the fact that, as reported […].

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Report Payments 88

PYMNTS

NOVEMBER 9, 2020

The pandemic has driven companies in many sectors to streamline cumbersome payment processes that are siphoning off time and money they can no longer afford to lose. Many of these processes are decades-old and must follow complex regulatory guidelines, as is the case in the construction industry. Construction companies are facing both time and cash crunches due to dwindling work opportunities and slower payment timelines during the crisis.

Payments 227

Payments Study Examples Survey 227

Jack Henry

NOVEMBER 9, 2020

When many small- and mid-sized businesses saw their revenue drop precipitously or stop altogether due to the pandemic, the Paycheck Protection Program (PPP) was a cash lifeline. While temporary relief was crucial, many businesses now need an ongoing cash flow solution to manage working capital disruptions stemming from the repercussions of COVID-19.

Operations 88

Operations Capital Lending Management 88

PYMNTS

NOVEMBER 9, 2020

Social commerce platform Verishop is adding new social features to its app, allowing all users to share content and interact with other shoppers and brands. What began as an eCommerce site has grown to include social elements, such as allowing users to upload photos and videos, tag products, and follow brands and other users, announced in a company press release.

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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