Perficient
FEBRUARY 8, 2021
Amazon is one of the largest marketplaces that we as consumers have ever seen. With that, Amazon has primarily focused on a direct to consumer structure and caters more to end-user customers vs. the traditional B2B channel; that is, until a few years ago when the ecommerce titan really put some weight behind its B2B strategy– and boy has it made some waves.
Accenture
FEBRUARY 8, 2021
Even before the COVID-19 pandemic, the nature of work was changing. Automation and AI were forcing organizations to consider how they would address a growing skills gap; people wanted to work for organizations that operate and lead responsibly; and flexibility was increasingly a tool for recruiting and retaining workers.
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Perficient
FEBRUARY 8, 2021
You’ve created a fresh new site on the latest version of Sitecore. Congratulations! Life is good! Your site is modern. If something breaks on your site, you are able to open a support ticket with Sitecore. These things, however, do not last forever. Eventually, your code base ages. New features you cannot use start to come out on newer versions of Sitecore.
South State Correspondent
FEBRUARY 8, 2021
Our first indication of industry performance for 4Q comes to us in the form of earnings disclosures from the top 24 banks. In this article, we break down five lessons learned from analyzing large bank performance for the fourth quarter (4Q) of 2020 compared to 2019 and see how we can turn this data into actionable insights to improve community bank performance. .
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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
SWBC's LenderHub
FEBRUARY 8, 2021
GameStop mania retreated last week and major stock indices roared back to life, setting new all-time highs. The plunge, in what is referred to as “meme” stocks like AMC, GME, and KOSS, and the sharp reversals in household name stocks—especially big-tech stocks—highlighted the dynamic of how many liquid and relevant names were liquidated the prior week to raise cash for short-seller redemptions.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Cisco
FEBRUARY 8, 2021
Throughout the past year, we’ve heard a lot about recovery and support for small businesses. Large enterprises are shifting their priorities to longer-term business resiliency. But for the organizations in between – not quite large and not quite small – the past year has also had a significant and unique impact on business goals and IT investments. How are midsize companies different?
TheGuardian
FEBRUARY 8, 2021
International politicians say the bank, already under fire for backing China’s security law, could ‘gravely tarnish’ its reputation An international group of senior politicians have written to the chairman of HSBC, Mark Tucker, urging him unfreeze bank accounts linked to a high-profile pro-democracy activist from Hong Kong. More than 50 members of the Inter-Parliamentary Alliance on China – including representatives from the UK, Canada, Australia, France, Germany and Switzerland – are calling fo
Bobsguide
FEBRUARY 8, 2021
The sixth anti-money laundering directive (6AMLD) is here. In effect in EU member states since December 3, 2020, financial institutions must implement the directive by June 3, 2021. While there are fewer big changes than previous directives, 6AMLD brings clarity to specific regulatory details to.
Payments Source
FEBRUARY 8, 2021
Fintechs and challenger banks are small, nimble and tech-centric. However, incumbents have strong reputations, customer trust and loyalty built over many decades, says Twilio's Bijon Mehta.
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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
BankInovation
FEBRUARY 8, 2021
This year, risk management will look inward. Automation is not new to risk management, but businesses will increasingly look to the technology to address pandemic-spurred risk and security issues, said J.H. Caldwell, a global financial services risk advisory leader and a partner at “Big Four” accounting agency Deloitte. Caldwell recently authored the organization’s “Global Risk […].
Payments Source
FEBRUARY 8, 2021
The arrangement, which focuses on merchant services, comes about six months after Global Payments secured a similar partnership with Amazon Web Services on the issuer side of its business.
Banking Exchange
FEBRUARY 8, 2021
‘Knowledgeable and forward-thinking’ regulators praised for work on digital assets banking Compliance Compliance Management Compliance/Regulatory Feature3 Feature Blockchain Cryptocurrency.
Payments Source
FEBRUARY 8, 2021
Newer partners like the Isreali fintech First are building connections to help stores enroll.
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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.
CFPB Monitor
FEBRUARY 8, 2021
We are pleased to announce that Ballard Spahr has launched HR Law Watch , a new blog focused on workplace developments. The blog will provide updates of interest to public and private employers related to federal, state, and local government guidance and compliance, legislation, legal trends, and other developments. HR Law Watch is produced by the members of Ballard’s Labor and Employment Group—a nationwide team of more than 40 attorneys.
Payments Source
FEBRUARY 8, 2021
Citigroup will refund an additional $4.2 million to some credit card customers who were overcharged years ago.
Jack Henry
FEBRUARY 8, 2021
Jack Henry will be a leader in the industry’s charge to provide American consumers and businesses with instant payments services that deliver control, convenience, and certainty by participating in a pilot program for the Federal Reserve’s upcoming instant payments offering, the FedNow SM Service.
CFPB Monitor
FEBRUARY 8, 2021
For our webinar last week, “The Times at the CFPB are A-Changing: Perspectives on the CFPB Under Acting Director Uejio and Director Chopra,” we were joined by special guest former CFPB Director Richard Cordray. The webinar looked at the changes that the CFPB is likely to undergo under the leadership of Messrs. Chopra and Uejio and how the two men are likely to approach the use of the CFPB’s regulatory, enforcement, and supervisory authorities.
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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.
Banking Exchange
FEBRUARY 8, 2021
Pandemic sees increase in amount lost to fraud, according to new data Risk Management Feature3 Feature Security AML & Fraud BSA/AML Big Data Covid19 Online Mobile Cards.
American Banker
FEBRUARY 8, 2021
When its proposed sale to Suncoast Credit Union fell through, Apollo Bank decided to step up commercial lending and revamp its digital offerings in anticipation of an economic rebound in South Florida.
Banking Exchange
FEBRUARY 8, 2021
Covid-19 and wider digitalization are boosting specialist online lenders The Economy Technology Tech Management Mobile Online PPP Covid19 Feature Feature3 Fintech.
BankInovation
FEBRUARY 8, 2021
Wealthfront has revealed a handful of new integrations that push the company closer to achieving its mission of “self-driving money.” The robo-advisor turned banking platform has expanded its tech stack to support the automatic transfer of excess cash to a wider range of investment accounts. Wealthfront automatically transfers money either from an internal Wealthfront cash […].
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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.
American Banker
FEBRUARY 8, 2021
The regional bank is switching VirtualBank, a digital-only unit added through a recent merger, to a core system that relies on Finxact software and Amazon Web Services. The move epitomizes the industry's cautious approach to cloud-based technology.
TheGuardian
FEBRUARY 8, 2021
We thought one cheque had got lost in the post, so sent another. Now we can’t get £157 back My husband and I are both pensioners and for the past three months have been trying to get a refund for an overpayment of a TV licence. We initially sent a cheque in October to pay the £157.50 fee but heard nothing. Three weeks later, we had a reminder asking us to pay.
American Banker
FEBRUARY 8, 2021
Sen. Richard Shelby. R-Ala., served two stints as head of the committee. He announced Monday that he will not run for reelection when his term expires.
Payments Source
FEBRUARY 8, 2021
There's already an appetite for digital and consumers should quickly embrace Apple's range of services, says CellPoint Digital's Howard Blankenship.
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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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