Accenture

MARCH 23, 2021

Payments is a hot topic for middle market banks. In fact, I think payments modernization is the most consequential transformation that they’ll make this decade. With the shadow of an aging payments infrastructure looming large, banks can’t stay on the sidelines. This is an existential issue. Banks that don’t act put their future at risk.…. The post Once-in-a-generation chance for banks in payments appeared first on Accenture Banking Blog.

Payments 493

Payments Marketing 493

Perficient

MARCH 23, 2021

This study is a comprehensive review of mobile versus desktop usage on the web. In this year’s study, we compare 2019 and 2020 traffic patterns in the U.S. and globally. We also include tablet usage stats. The data in this study was pulled from Google Analytics’ Benchmarking feature , which provides aggregated industry data from companies who share their data.

Mobile 421

Mobile Study Community Industry 421

Payments Source

MARCH 23, 2021

Decentralized finance, in tandem with financial institutions, could create a more efficient, convenient, wider-reaching, and more secure experience than traditional finance alone, says FISPAN's Clayton Weir. ]].

Security 165

Security Digital Banking Fintech Mobile 165

Perficient

MARCH 23, 2021

Overview. This use case describes how to customize and validates JSON message for GrantType client credential – AccessToken. What is GrantType client credential? Client POST’s an API call to Apigee with client ID and client secret to fetch the access token from the registered developer application. In addition, query parameter grant_type=client_credentials must be passed in the request.

How To 332

How To Policies Operations Data 332

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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

Payments Source

MARCH 23, 2021

Non-fungible tokens are taking the digital world by storm. They could displace traditional payment rails, but they could also be a handy tool for cybercrooks. ]].

Payments 163

Payments Tools blockchain 163

Bobsguide

MARCH 23, 2021

A flexible, collaborative and adaptable approach to partnership was behind the success of 2020 bobsguide Best Retail Banking System Implementation award winners Compass Plus and Unibank. Unibank, one of the largest, most innovative and successful retail banks in Azerbaijan, originally teamed up.

Retail 155

Retail Innovation System 155

SWBC's LenderHub

MARCH 23, 2021

But I hold up my hand, I'm just trying make you understand, Lord, you know, everybody tells Lil' Junior "Somebody hoodooed the hoodoo man." – Junior Wells “The Hoodoo Man Blues”.

Capital 147

Capital Marketing 147

Payments Source

MARCH 23, 2021

Michael Moeser, senior analyst at PaymentsSource, talks to Shai Cohen, senior vice president of global fraud solutions at TransUnion, about the rapid evolution of fraud in the digital era. ]].

Fraud 149

Fraud 149

ATM Marketplace

MARCH 23, 2021

Ruston Miles, founder and advisor of Bluefin Payment Systems takes a long look at how the coronavirus pandemic affected the payments industry and how that changes the future. This will be the first article in ATM Marketplace's series, COVID-19: A look back at a year of change

Payments 113

Payments ATM System Industry 113

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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

MARCH 23, 2021

With former Mastercard executive Dave Glaser becoming the fintech's first president and COO, Dwolla has the leadership necessary to move upmarket. ]].

Leadership 142

Leadership Fintech Payments 142

Jeff For Banks

MARCH 23, 2021

Imagine a fintech, with off-the-chart valuations such as 2.6x book value and 51x EBITDA, buying a bank. For 1.85x book. In today's M&A valuations, 1.85x is pretty lofty. Especially for a community bank. But you don't have to imagine it. Because that was what LendingClub paid for Radius Bank. Since the deal closed, LendingClub has kept its valuations.

Fintech 88

Fintech Community Bank Taxes Lending 88

Payments Source

MARCH 23, 2021

Keeping up with new retail trends shouldn’t come at the cost of keeping personal information safe, says Bluefin's Ruston Miles. ]].

Data 144

Data Trends Retail Fraud 144

BankInovation

MARCH 23, 2021

The cloud-based data platform Aunalytics is targeting mid-sized banks and credit unions with a new solution that automates big data analytics and management. Aunalytics CEO Rich Carlton told Bank Automation News the company’s goal is to give mid-sized banks access to insights based on artificial intelligence (AI) that might otherwise require a full data science […].

Analytics 98

Analytics Data Big Data Management 98

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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

American Banker

MARCH 23, 2021

Citigroup Chief Executive Jane Fraser has barred internal video calls on Fridays and encouraged vacations in an effort to combat workplace malaise brought on by the coronavirus pandemic. ]].

Video 101

Video Management 101

BankInovation

MARCH 23, 2021

Automation is moving up from the back office to the front office, where banks are increasingly using automation to interact with customers. The challenge will be to ensure those encounters feel personal, says David Foss, chief executive of financial services at core provider Jack Henry, in this episode of The Buzz podcast. “I think the […].

98

98

American Banker

MARCH 23, 2021

The New York company is seeding savings accounts offered by the challenger bank Goalsetter as a way to help minority communities as well as use technology to start building long-term relationships with young consumers. ]].

New York 100

New York Fintech Community Technology 100

BankInovation

MARCH 23, 2021

As credit unions increasingly pivot to digital platforms and solutions, flaws in their cyber meshes may become an expensive point of weakness. Credit unions face risks associated with out-of-date operating systems and employee credentials leaked onto the dark web, according to a report released last week by cyber-risk rating platform Black Kite. With about 5,200 […].

Software 98

Software System Operations Report 98

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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.

US

TheGuardian

MARCH 23, 2021

Coal, oil and gas firms have received $3.8tn in finance since the Paris climate deal in 2015 The world’s biggest 60 banks have provided $3.8tn of financing for fossil fuel companies since the Paris climate deal in 2015, according to a report by a coalition of NGOs. Despite the Covid-19 pandemic cutting energy use, overall funding remains on an upward trend and the finance provided in 2020 was higher than in 2016 or 2017, a fact the report ’s authors and others described as “shocking”.

Report 98

Report Trends Company 98

Banking Exchange

MARCH 23, 2021

Payment disputes related to friendly fraud are expected to soar this holiday season due to the pandemic-fueled surge in e-commerce Risk Management Cyberfraud/ID Theft Consumer Compliance Operational Risk Security Online Payments Feature Feature3.

Fraud 78

Fraud Risk Management Compliance Security 78

CFPB Monitor

MARCH 23, 2021

The FTC has provided its annual update to the CFPB on the FTC’s FDCPA activities. The latest update covers the FTC’s 2020 activities. In addition to remaining an FTC focus, unlawful debt collection practices have been identified as a CFPB priority by Acting Director Dave Uejio and Director-nominee Rohit Chopra. In the letter, the FTC indicates that it will continue to work closely with the CFPB to coordinate consumer protection activities related to debt collection.

Report 78

Report Fraud System Operations 78

Jack Henry

MARCH 23, 2021

Too often these days I hear this coming from senior leadership at financial institutions (FIs) we’re having conversations with: “I’ve outsourced. I don’t need to do anything towards disaster recovery.”. How wrong they are.

Strategy 78

Strategy Leadership 78

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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

Payments Source

MARCH 23, 2021

Brim Financial contends there's an innovation gap for installment lending that favors larger lenders. ]].

Lending 106

Lending Fintech Innovation 106

BankInovation

MARCH 23, 2021

Banks are under increasing pressure to digitally transform “analog” processes and address rising consumer demands for digital experiences. Going digital, however, isn’t for the faint of heart—particularly in a complex and highly-regulated sector such as loan operations. Custom enterprise software requires upgrading and integrating legacy systems, complying with an evolving patchwork of oversight, and competing […].

Software 89

Software Regulation System Operations 89

American Banker

MARCH 23, 2021

Free investment education and testing for risk tolerance are among the ways financial firms can better reach underserved consumers, former SEC chief Jay Clayton and Operation HOPE’s John Hope Bryant say. ]].

Operations 92

Operations 92

CB Insights

MARCH 23, 2021

Our Europe-based fintech funding update takes a closer look at the deals driving funding activity across the continent. FREE DOWNLOAD: STATE OF FINTECH q1’21 preview. Get a first look at fintech funding activities from the first two months of Q1, plus projections for the rest of the quarter. Our full report will be available in April 2021. First name.

Trends 89

Trends Fintech Report Company 89

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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