Thu.Jan 07, 2021

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Implementing Custom Play/Pause Button for Embedded YouTube Videos Using IFrame Player API

Perficient

Recently, I worked on one bug where GTM tracking was breaking for an embedded YouTube video with a custom play button. On click of the play button, the video was playing perfectly fine, but it was not getting tracked by GTM. I didn’t find anything wrong in the code, so I did some research and found that it is recommended to use YouTube IFrame player API for any custom play/pause button whether you are doing GTM tracking on your web pages or not.

Video 340
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Jumio Sees Vaccine Passports Intersecting With Digital ID

PYMNTS

For the travel industry, there is light at the end of the tunnel. Vaccines against COVID-19 are (slowly) being rolled out. And while it will take a while to return to any semblance of normal, cruise ships and airlines will at some point once again bustle with travelers journeying for business and pleasure. But no matter where crowds gather, it’s likely that some things will change.

Data 362
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The Organic Evolution of Global Delivery

Perficient

In the pre-pandemic era, some of the stigmas of a global delivery model for projects included fears that getting a hold of your team on-demand is necessary to get work moving faster, spending time together physically to understand and communicate better is key with a culturally diverse group; you get what you pay for, and so on. A good majority of our business community still believed that nothing could substitute a traditional in-person office environment to get the most effective productivity

Community 340
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BBVA To Close Simple, Move Customers Over To BBVA USA

PYMNTS

Customers of Simple Bank are receiving emails telling them the bank is closing and that the intent is to transfer them to BBVA , a report from Talk Android says. After Simple Bank launched as an online bank specializing in high-interest savings accounts, the current economic climate ended up making it unfeasible. So BBVA pulled the plug. Talk Android posts a letter from the company in which it says there will be "no immediate impact" to accounts and that users don't need to do anything right now

FDIC 336
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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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Interview: Gary Johnson on How COVID-19 Can Power the Electric Vehicle Market

Perficient

I recently interviewed Gary Johnson, a delivery director at Perficient who has worked with various automotive brands. In our conversation, Gary shared how the automotive industry is faring during the pandemic. He gives a big nod to electric vehicles (EVs). Eugene Sefanov: First and foremost, I would be remiss not to ask how the automotive industry is doing during COVID-19.

Marketing 309

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PPP Lender Guidance Details How Borrowers Apply for a Second PPP Loan

Abrigo

Who can apply for PPP second-draw loans and other info SBA lender guidance outlines second-draw PPP eligibility and requirement to show 25% reduction in gross receipts. You might also like this infographic on PPP second-draw loan eligibility. DOWNLOAD. Takeaway 1 Many types of small businesses may be eligible for a second-draw PPP loan under the SBA guidance issued. .

Taxes 195
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QR Codes Set To Move From Sideshow To The Main Payments Stage

PYMNTS

While QR codes have become an extremely prominent part of the payments landscape in the Asia Pacific region in general and in China specifically, in the U.S. they’ve mostly been relegated to the periphery of the payment and commerce ecosystems. But they weren’t totally ignored in the country, with individual brands and merchants using them in specific one-off applications.

Maine 283
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Ant plans credit unit overhaul to avoid sharp drop in loans

Payments Source

Jack Ma’s Ant Group Co. is planning to restructure its consumer credit operations so the company can continue lending nationwide under new regulations that would otherwise threaten to dramatically restrict its most lucrative business, people familiar with the matter said.

Lending 150
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Bitcoin Daily: South Korea’s 20 Pct Crypto Tax To Start In 2023; Bitcoin Shoots Above $40K

PYMNTS

South Korea will begin taxing crypto benefits 20 percent, from both buying and selling, beginning in 2023, according to a report from Asia Today. According to the report, investors making more than 2.5 million won (about $2,200) from digital assets will be hit with the 20 percent tax. In terms of digital assets owned before the rule was put into place, the report stated it will depend on the higher amount between either the market price or the actual acquisition price at the end of the year.

Bitcoin 276
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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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2020 New Car Sales and 2021 Forecast for Repossessions

SWBC's LenderHub

As we usher in the first month of 2021 after a most atypical 2020, the forecast for new car sales and repossessions is looking a bit grim. Black Book recently released a market insight report for December 2020. There are two key indicators from their report I would like to highlight that should give us an idea of the challenges facing the auto lending industry going into 2021.

Lending 127
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Facebook, Apple Lead Future Of Smart Glasses

PYMNTS

The connected economy will someday have glasses. Smart glasses. Nine years after Google’s misfire with the product, smart glasses are making a return in a big way — as some very big names are getting behind them. The most anticipated development in the emerging world of connected glasses is Apple’s project, which according to reports has recently entered into its second phase of development.

Apple 261
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Faster pay also needs to find revenue

Payments Source

While instant payments and open banking have been gaining momentum across the globe, payments providers have established digitally backed services that not only facilitate seamless financial operations but also help generate revenue, says AFEX Americas' Christian Spaltenstein.

America 118
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Mambu’s Valuation Hits $2 Billion After TCV-Led Investment Round 

PYMNTS

Cloud banking startup Mambu has raised €110 million (nearly $135 million) in a new funding round aimed at financing the company’s global expansion. TCV led the latest round of financing, with Tiger Global and Arena Holdings contributing additional dollars. Current investors Bessemer Venture Partners, Runa Capital and Acton Capital Partners also took part.

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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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FortisPay acquires Swype to expand North America B2B services

Payments Source

Preparing to expand its B2B e-commerce offerings in North America, Fortis Payment Systems LLC has acquired technology integrator Swype at Work and entered a long-term partnership with Swype affiliate Net at Work.

America 117
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IRS unresponsive as Americans seek answers on missing stimulus payments

PYMNTS

Many Americans are reporting frustration after not receiving their second stimulus checks within the past week, according to CNBC Thursday (Jan. 7). The new checks, which are for $600 and were approved as part of Congress's $900 billion package for pandemic aid, began to go out early in 2021 and reports said they had reached two-thirds of the recipients for the digital checks.

Payments 244
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Contactless pay and all things digital show no sign of slowing down

Payments Source

Organizations that put the customer experience front of mind will be the winners, but they must nonetheless expect additional pressure from regulators, new competition, ever more digitally demanding consumers, and no slowdown in technological innovation, says Entersekt's Gerhard Oosthuizen.

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Integrated Workflows Fuel Cross-Border B2B Payments

PYMNTS

There are a lot of moving parts in B2B payments that are keeping corporate finance executives busy as they work to modernize and optimize their operations. In 2020, many of the biggest pain points in B2B payments were revealed, particularly when transactions move across border. But organizations are rising to the challenge with a renewed modernization effort that has carried into the new year.

Payments 243
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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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After chaos in D.C., fintechs find a path to normalcy

Payments Source

History will remember Wednesday for the anti-democracy domestic terrorism that resulted in death, injuries and damage inside the U.S. Capitol — but did not thwart the process of confirming the presidential election. It was also a day that Georgia's Senate runoff gave much-needed clarity to the fintech sector.

Georgia 99
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AmEx Faces Fed Inquiry On Business Card Sales Tactics

PYMNTS

Officials at the Federal Reserve, the Federal Deposit Insurance Corp. (FDIC) and the Treasury Department are looking to see if American Express Co. (AmEx) harnessed strong and deceptive sales practices for card sales to business owners and if clients experienced negative effects, The Wall Street Journal reported Thursday (Jan. 7), citing unnamed sources.

Cards 242
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Georgia election results may pave way for stricter regulation

BankInovation

Despite pro-Trump rioters’ efforts Wednesday to disrupt the U.S. Senate’s certification of President-elect Joe Biden’s victory, more Democratic legislation is likely bound for approval, thanks to the blue win in the Georgia runoff election on the same day. Four people are reported dead following the breach of the U.S. Capitol building as Congress met.

Georgia 98
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Gig Apps Enabling Crucial Workforce Connections In 2021

PYMNTS

In the humming world of gig apps, three variations dominate. There’s the platform model, where contractors create profiles and upload portfolios; we’ve got the on-demand type (think restaurant mobile order-ahead and day labor apps); and freelancer apps that may allow gig workers to classify themselves by vertical expertise or specialty. It’s a rich ecosystem.

Mobile 240
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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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Did You Know? These Popular Songs Are About Personal Finance

BankBazaar

Does your financial situation make you want to sing the blues? Here are a few very popular songs that actually revolve around personal finance. Music is a great form of expression, so it’s no surprise that every situation you can possibly think of has a song to go with it. In this article, we’ll take a look at popular songs from the past that touch upon aspects of money and personal finances!

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Average Credit Scores Hit Record High As Credit Card Balances Drop

PYMNTS

Despite a raging pandemic, widespread unemployment and a fragile economy, U.S. consumers paid more of their bills on time last year, resulting in the largest improvement in personal credit scores in more than a decade. According to Experian’s 2020 Consumer Credit Review , the national average FICO score increased by 7 points last year, to a record 710, a rating that is considered “good” within a 5-tiered scoring system that ranges from 300 to 850, ranking scores from “very poor” to “excellent.”.

Cards 237
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CFPB issues compliance assistance sandbox approval for dual-feature credit card

CFPB Monitor

The CFPB has issued an approval order through its Compliance Assistance Sandbox Policy (CAS Policy) to Synchrony Bank in connection with a proposed “dual-feature” credit card (DFCC) program. The CFPB instituted the CAS Policy in 2019 in an attempt to encourage innovation through the testing of financial products that could benefit consumers but might pose regulatory uncertainty.

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Will Dollar Stores Fill The Void At Malls From Department Store Closures?

PYMNTS

Department stores like Sears, JCPenney, Lord & Taylor and others have either gone under or closed hundreds of stores, threatening to take down shopping malls where they once served as anchor tenants — but dollar stores are booming. Could rapidly growing Dollar General, Dollar Tree and other discount stores become the new anchor tenants for malls and shopping centers and save the day?

Capital 235
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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.