Tue.Jan 25, 2022

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Jump-Start Digital Transformation with Change Management

Abrigo

Change Management Helps Financial Institutions with Digitalization Bank and credit union executives who manage the people side of digital transformation have more success. . You might also like this whitepaper, "Leading a Successful Software Implementation." DOWNLOAD. Takeaway 1 Financial institution executives seek additional advances in digitalization that have helped them through the pandemic. .

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ATM deposits shouldn't be optional

ATM Marketplace

Many ATMs accept cash deposits, but sometimes the feature doesn't work due to a variety of technical issues. Financial institutions need to step up their game when it comes to this service issue, because ATM deposits shouldn't be optional.

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Citi Ventures Head of Market Growth Alex Sion joins Bank Automation Summit panel

BankInovation

Alex Sion, managing director and head of Market Growth at Citi Ventures, will join Bank Automation Summit 2022 for a panel discussion on Wednesday, March 2, at 1:30 p.m. ET at the JW Marriott in Charlotte, N.C. The panel, “Ideation in Banking — The Art of Generating New Products and Services,” will focus on using […].

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Preferred habitat behaviour in the gilt market

BankUnderground

Julia Giese, Michael Joyce, Jack Meaning and Jack Worlidge. Every financial market transaction has two parties, each with their own preferences. One channel through which quantitative easing works rests on these differences: preferred habitat investors value certain assets above others for non-pecuniary reasons, beyond risk and return. Central bank asset purchases of the preferred asset create scarcity, which may lead to compensating price adjustment, with spillovers to other assets and the macr

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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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Listen: BNPL providers face risk from synthetic fraud

BankInovation

The buy now, pay later industry (BNPL) provides an innovation rail for alternative lending processes and real-time fund access, but it is also opening doors for advanced fraud techniques. Synthetic fraud poses an especially dangerous risk, Featurespace founder Dave Excell tells Bank Automation News in this episode of “The Buzz” podcast. Featurespace uses machine learning […].

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How DeFi can bring accountability to ESG

BankInovation

On the surface, decentralized finance (DeFi) and environmental, social and governance (ESG) standards may seem like two completely separate themes with little commonality. DeFi promises to disrupt finance by offering services on the blockchain, thereby eliminating the need for an intermediary like a bank. ESG investing, meanwhile, is on fire, especially among millennials and Gen […].

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City of London returns to the office – in pictures

TheGuardian

Photographer Andy Hall has being photographing the Square Mile as people gradually return to the office. Plan B restrictions are set to be lifted on 26 January in England Continue reading.

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4 automation trends for FIs in 2022

BankInovation

With automation on the rise at financial institutions (FIs), solutions are now being scaled as organizations see a demonstrable return on investment. Robotic process automation (RPA) company UiPath recently discussed FI automation trends, and what is changing in the tech approach banks are taking. The vendor late last year launched a container-based on-premise platform offering […].

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Inside Marketing: Activating Engaging Experiences

William Mills

How credit unions can leverage community-focused experiential marketing in the age of COVID-19. People love connections. This is partly due to our basic emotional need for belonging and identity. But how can a community stay connected in light of the pandemic? This is a big challenge for credit unions, whose very foundation is built on a sense of community and local connections.

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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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State Of Fintech 2021 Report

CB Insights

Global fintech deals and dollars reached record highs in 2021. Funding more than doubled year-over-year as private market deal activity soared across sectors and geographies. In our State Of Fintech 2021 Report, we dive into global investment trends to spotlight takeaways including: Fintech accounted for $1 in every $5 of global venture funding. The metrics behind $100M+ mega-rounds, how mega-rounds compare against total global fintech funding, and which region had the highest number of mega-rou

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Plaid to pay USD 58 mln to users of Venmo, Robinhood and other apps

The Paypers

Plaid , which connects consumer bank accounts to services like Venmo , Robinhood , Coinbase and other apps, has been accused of collecting excessive financial data from consumers.

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State Of Fintech 2021 Report

CB Insights

Global fintech deals and dollars reached record highs in 2021. Funding more than doubled year-over-year as private market deal activity soared across sectors and geographies. In our State Of Fintech 2021 Report, we dive into global investment trends to spotlight takeaways including: Fintech accounted for $1 in every $5 of global venture funding. The metrics behind $100M+ mega-rounds, how mega-rounds compare against total global fintech funding, and which region had the highest number of mega-rou

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City Union Bank launches RuPay On-The-Go payment solution for smartwatches

The Paypers

India-based bank City Union Bank (CUB) and GOQii , a local tech-enabled preventive healthcare platform have announced the launch of RuPay On-The-Go payment solution through their debit cards in a fitness watch.

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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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OfficeSpace Raises $150M From Vista Equity. OfficeSpace’s Competitors In The Office Management Software Market Include Envoy, OfficeRnD, Condeco, Robin, And SpaceIQ.

CB Insights

OfficeSpace , a workplace management platform, has raised $150M in an extended private equity round from Vista Equity Partners. How’s the company performing? Georgia-based OfficeSpace’s cloud-based platform offers space management solutions and workflow tools to empower human resources and facilities management teams. The company currently has more than 800 clients worldwide that include Shopify, Dropbox, Live Nation, Harry’s, and Mailchimp.

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Snapdeal and BOB Financial launch co-branded RuPay credit card

The Paypers

India-based pure-play value ecommerce platform Snapdeal has announced its partnership with bank BOB Financial and the National Payments Corporation of India ( NPCI ) to launch a co-branded credit card.

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Nowsta Raises $41M For Its Gig Economy-Focused Workforce Management Software. Nowsta Competitors In The Hypercompetitive Workforce Scheduling And Time Tracking Space Include Quinyx, Shiftsmart, Fountain, And When I Work, Among Others.

CB Insights

Nowsta , a workforce management software provider, has raised $41M in a Series B that drew participation from GreatPoint Ventures, VMG Catalyst, and Rally Ventures, among others. HOW’S THE COMPANY PERFORMING? New York-based Nowsta’s on-demand labor marketplace connects employers and skilled workers and provides tools to hire, manage, and pay hourly workers.

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Markets will need to rethink high valuations

The Banker

The CEO of VTB Capital Investments talks to Burhan Khadbai about the macroeconomic landscape, the rise of retail investing in Russia and the asset manager’s ambitions to get involved in the growing cryptocurrency market.

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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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The TL;DR Live: The State of Fintech

CB Insights

The post The TL;DR Live: The State of Fintech appeared first on CB Insights Research.

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After 10 Years, Digital Transformation Remains Elusive for Most Banks

The Financial Brand

Banking providers haven't changed nearly as much as they need to, says Cornerstone Advisors. In fact, the results for many are anemic. The post After 10 Years, Digital Transformation Remains Elusive for Most Banks appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Nextech AR releases public version of ARitize 3D SaaS

The Paypers

Metaverse and provider of augmented reality (AR) company Nextech AR Solutions has announced the launch of its ARitize 3D SaaS.

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How much control should people have over their financial data?

American Banker

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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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Mambu partners with Volante

The Paypers

Mambu , a provider of cloud payments and financial messaging solutions, has partnered with Volante to help banks and lenders modernise their banking and payment infrastructures.

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Amex says shopping, not travel, will drive growth in card spending

American Banker

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Gorillas to acquire Frichti

The Paypers

Gorillas has announced it plans to acquire Frichti , a startup that delivers meals and groceries, as it plans to establish itself in delivery market.

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Customers Bank teams with fintech on small-business loan software

American Banker

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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.