Perficient

JUNE 25, 2020

This article was co-written with joy by Grayson Harden , Rebekah Williamson , and Mary Claire Freese. New Colleagues Reflect on their First Weeks at Perficient. Perficient is thrilled to welcome its Summer Boot Camp Class of 2020! Though COVID-19 has moved the program online, the fourteen interns and new hires in the Atlanta-based Sitecore Business Unit are still taking advantage of this opportunity and trying to get the most out of the ten-week, intensive training Corporate Onboarding Boot Camp

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Chris Skinner

JUNE 25, 2020

There are lots of ways in which FinTech is changing the world, and the one we love to discuss the most is financial inclusion. The figures stun me. Over a billion people have been banked in the last decade, according to the World Bank. 69 percent of adults – 3.8 … The post Coronavirus: from lockdown to bailout oh, and the issue of financial exclusion appeared first on Chris Skinner's blog.

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Payments Dive

JUNE 25, 2020

For aspiring mobile money businesses, the potential rewards are great, but building a robust and flexible growth strategy (and curating the right technology to power that strategy) remains a challenge. Learn how to reduce risk and drive adoption with one of the industry’s leading mobile transaction innovators.

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Chris Skinner

JUNE 25, 2020

Things we’re reading today include … Zopa granted full banking licence Bank staff accused of ‘interrogating’ and turning away pensioners who travelled miles, claiming their visits weren’t essential Britain nearly went bust in March, says Bank of England 3 APIs That Could Revolutionize Banking Banks: back to the office SoftBank: … The post Things worth reading: 25th June 2020 appeared first on Chris Skinner's blog.

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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

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Perficient

JUNE 25, 2020

Having a digital experience platform (DXP) that’s just “good enough” doesn’t cut it anymore. Whether you’re responding to shifts in the economy, society, or just customer preference, being able to deliver a robust omnichannel commerce experience is now the cost of doing business. Perficient and Episerver partnered with IDC, a leading industry research organization to explore what successful digital experience management looks like in 2020 and beyond.

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Perficient

JUNE 25, 2020

The framework continues to grow and new features are being added every day. We’re working on getting a public image of the Framework up and running, so you, dear readers, will be able to test the speed, flexibility, and extensibility of Handshake at your convenience! Until then, the Handshake footprint grows. We’re demoing a lot. ( email us if you’d like one ) Just recently had two of our connectors added to the Google Cloud Search Connector Directory.

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PYMNTS

JUNE 25, 2020

As accounts payable (AP) and accounts receivable (AR) operations continue to converge for many organizations, buyers and suppliers are increasingly acknowledging the value of using each other’s technology platforms to promote stronger B2B relationships. Now more than ever, buyer-supplier ties form a crucial component of ensuring that cash continues to flow through supply chains — and yet today, late payments and cash flow bottlenecks continue to plague both sides of B2B payments.

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Jack Henry

JUNE 25, 2020

Cybersecurity is undoubtedly at the top of the list when you think of security risks for your financial institution. Because cybersecurity, and mitigation of related risks, is extremely important in protecting confidential and sensitive information, intellectual property, corporate data, and systems. But, it’s also important to keep physical security in mind as well, as it plays a key role in ensuring the physical safety of your business and employees.

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PYMNTS

JUNE 25, 2020

Global payments automation platform Tipalti says it has made mass, automated payments seamless for numerous popular online video game customers, according to a press release. Tipalti’s move is aimed at helping gaming companies avoid the fraud and risk of online commerce while enhancing their finances with modern solutions, said CEO and Co-Founder Chen Amit , according to the release. “Success in the gaming ecosystem today is all about rewarding their international partners with consi

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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

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BankBazaar

JUNE 25, 2020

If this pandemic taught us anything, planning your finances right would be at the top of the list. If you’re at sea about this, read on. If not anything else, the pandemic has driven home the importance of why you need to plan your finances well. The job loss, furloughs and pay cuts have thrown most of our finances into jeopardy. There’s not a better time than now to get started with your financial planning, especially the emergency fund part of it.

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PYMNTS

JUNE 25, 2020

Technically speaking, Abingdon Mullin is the CEO of a company that sells watches crafted for women. But realistically, she sells adventure with every one of her aviator watches, which actually got their start back in 2014 when she appeared on Shark Tank. Six years and thousands of watches later, Mullin has survived the formidable inventors’ reality show only to face a global pandemic as the founder and CEO of The Abingdon Co.

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Payments Source

JUNE 25, 2020

When looking back at the pandemic, customers will only remember which companies went above and beyond for them, says Adobe's Mark Masterson.

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PYMNTS

JUNE 25, 2020

They’re either the fashion accessory of the moment or a life-saving piece of safety equipment. Or maybe they’re both as several types and sizes of retailers step up to sell non-medical face masks. The retail face mask efforts range from small to big companies. On the large end of the spectrum is fabric and craft store chain JOANN , which is tapping into the DIY segment of the need for the masks as teachers and students prepare for a possible return to school sometime in the fall.

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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.

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ABA Community Banking

JUNE 25, 2020

The OCC is planning to unveil what Acting Comptroller Brian Brooks called "payments charter 1.0" as soon as this fall, Brooks said on the latest episode of the ABA Banking Journal Podcast. The post Podcast: OCC’s Brooks Plans to Unveil ‘Payments Charter 1.0’ This Fall appeared first on ABA Banking Journal.

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PYMNTS

JUNE 25, 2020

When it comes to purchasing a home or attempting to take equity out of a home in cash form — there aren’t an awful lot of options. Debt, by and large, is the option the vast majority of consumers have. And this, Unison CEO Thomas Sponholtz told PYMNTS in a recent conversation has pretty much been in its terms of innovation in the world of homeownership financing since the mortgage was invented in 1192.

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Payments Source

JUNE 25, 2020

Luxury has gone out the window during coronavirus when it comes to credit card rewards point redemptions, according to new data from PayPal on where people are redeeming accumulated rewards.

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PYMNTS

JUNE 25, 2020

Disney may have thought reopening Walt Disney World in Orlando, Florida next month was a good idea. But as of Wednesday (June 23), more than 7,000 people had signed a petition to postpone the scheduled resumption of operations on July 11 as the number of COVID-19 cases is rising, Reuters reported. The petition was created by Katie Belisle, a Disney World employee who has worked as an attractions hostess for three years, according to her LinkedIn profile.

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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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CFPB Monitor

JUNE 25, 2020

The OCC has issued an Advance Notice of Proposed Rulemaking (ANPR) seeking comments in connection with a comprehensive review of its regulations on electronic activities of national banks ( 12 CFR part 7, subpart E ) and federal savings associations ( 12 CFR part 155 ). Comments on the ANPR must be received by August 3, 2020. In the ANPR’s background discussion, the OCC discusses the role of technological developments in allowing new banking products and services to be delivered through innovat

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PYMNTS

JUNE 25, 2020

While they are among some of the world’s wealthiest corporations, insurance companies have nevertheless been clobbered by COVID-19, from travel cancellations to business disruption policies to a rising tide of property and casualty (P&C) claims. For their part, policyholders aren’t thrilled with the speed of insurance disbursements at a time when having funds in their accounts can mean the difference between shuttering or staying in business.

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TheGuardian

JUNE 25, 2020

Australia’s central bank joins 60 others, including the Bank of England, to warn of climate risk to the economy and financial sector More than 60 central banks from across the world, including Australia’s Reserve Bank and the Bank of England, have warned that global GDP could fall by 25% by 2100 if significantly more is not done to reduce global greenhouse gas emissions.

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PYMNTS

JUNE 25, 2020

In today’s top news, Wirecard files for insolvency, and New York proposes easing regulations for cryptocurrency licenses. Plus, California seeks a court order to make Uber and Lyft classify drivers as employees. Wirecard Files For Insolvency, Seeks Court Protection. Wirecard, the embattled Germany payment services company, said Thursday (June 25) it was filing for insolvency.

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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.

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BankUnderground

JUNE 25, 2020

Matthew Osborne and David Bholat. Every minute of the day , Google returns over 3.5 million searches, Instagram users post nearly 50,000 photos, and Tinder matches about 7,000 times. We all produce and consume data, and financial firms are key contributors to this trend. Indeed, the global business models of many firms have amplified the data-intensity of the financial services industry.

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PYMNTS

JUNE 25, 2020

Sometimes an experience had by the right person can end up being the start of a sea change in an industry. Case in point, take the very recent tale of a Paytronix team member who one evening at a recently opened brewery and discovered a slight hiccup in their just introduced version of their contactless payments dining experience inside the dining room.

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Payments Source

JUNE 25, 2020

Big firms need nimble operators to create streamlined processes that match shifting customer behaviors, says DealRockit's David Carmell.

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PYMNTS

JUNE 25, 2020

To let franchised and independent auto dealers purchase wholesale vehicles, Carvana has rolled out a direct-purchase platform called CarvanaACCESS. Trade-ins in addition to other wholesale autos processed at Carvana outlets throughout the nation will become available on the website in a “timed bid” digital auction through the help of Manheim Digital, according to an announcement on Thursday (June 25).

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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.

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