Matt Wilcox Pro
OCTOBER 5, 2020
Not even George Orwell foresaw a time when the topic commanding a large share of media attention would be … the media. No, not the old-style broadcast and print media. Dominating the headlines these days are media the likes of Facebook, TikTok, WeChat, and, just to round things out, Netflix. All except Netflix have implications […].
Perficient
OCTOBER 5, 2020
Whether you are launching a new Sitecore XP environment in the next few months or are wanting to enhance your authoring and marketing experience, this video should be a whistle stop on your enhancements campaign tour. Originally this content was to be presented live in Budapest at SUGCON 2020 but then, well, you know. Like the rest of the world, we went virtual and this was delivered to a focused audience of Sitecore diehards and technical wizards.
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Accenture
OCTOBER 5, 2020
So far in this blog series, I’ve talked about how COVID-19 is amplifying banks’ need for innovation and the key technology trends that will shape the near future. The long-term challenge is to set banks up to successfully rebuild and recover when the worst of the pandemic is over. Here are some considerations for building a future-ready banking…. The post How to build future-ready banking operations beyond the pandemic appeared first on Accenture Banking Blog.
PYMNTS
OCTOBER 5, 2020
While the global pandemic has taken a toll on almost every business, consumer demand for all things touchless is surging — and has even been a driver of growth for QR codes. Although the 20-year-old technology has long enjoyed strong adoption in Asia (especially China), 2020 could go down as the year that U.S. merchants and shoppers fully embrace those ubiquitous square squiggly merchant codes.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
Accenture
OCTOBER 5, 2020
This series of blogs looks at the future of banking in Growth Markets in a post-COVID-19 world. My first blog introduced the Digital Maturity Index (DMI), and concluded that digitally mature banks are best-positioned for a post-pandemic world. My second blog introduced our COVID-19 Resiliency Index (CRI), and showed how mapping each bank’s ranking on….
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
PYMNTS
OCTOBER 5, 2020
The late Harvard Professor Clay Christensen was and is famed for the “jobs to be done” theory of business innovation. In a nutshell: Companies (and even consumers) “hire” goods or services to get where they want to go, to make progress, to satisfy goals. Kevin Phalen , head of global business solutions at Visa , told Karen Webster that the consumerization and the digitization of the B2B space are enabling firms to get the job — moving money — done with efficiencies previously unknown.
Accenture
OCTOBER 5, 2020
Today, virtually every organisation is on a journey to cloud. But what’s the best way to map out and navigate that journey? And what opportunities and pitfalls should leaders watch out for along the way? To help organisations in every sector answer these questions and more, my team and I have decided to publish a…. The post Considerations for an effective cloud strategy appeared first on Accenture Banking Blog.
PYMNTS
OCTOBER 5, 2020
In the wake of the pandemic, B2B payments have had to evolve. But in an interview with PYMNTS, Mary Beth Joiner , senior vice president of relationship management at Comdata Corporate Payments, said that there have still been pockets of resistance in making the great digital pivot. While, pre-pandemic, corporate executives had been focused on price — the costs involved in shifting to digital payments — now they are more focused on two other “Ps,” which would be process and pain, which create cos
Accenture
OCTOBER 5, 2020
Financial institutions are widely considered to have a stronghold on elite cybersecurity skills and technologies of any industry—and for good reason. They face the most sophisticated cyber threat actors who continually grow their capabilities and are rarely held accountable across the global footprint where they operate. Financial institutions are literally defending the front lines of….
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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
PYMNTS
OCTOBER 5, 2020
The past six months have been unquestionably difficult for movie theaters. First, they got shut down in early spring by mandated closures that lasted in many places until nearly summer’s end. Now they’re finding customers slow to return even as cinemas reopen — which in turn has made movie studios slow to release their biggest (and most expensive) blockbusters to run in mostly empty theaters.
South State Correspondent
OCTOBER 5, 2020
The combination of the COVID-19 pandemic and the interest rate environment drives every bank to rethink their branch delivery. In a world with six percent net interest margins, banks can have all the branches they want. However, in an environment with sub-three percent margins, banks can no longer afford an extensive bank network.
PYMNTS
OCTOBER 5, 2020
For workers living paycheck to paycheck even before COVID-19, having their hours cut back due to the pandemic can stretch already tenuous financial situations to the breaking point. Cash-strapped employees struggling to make ends meet need fast access now more than ever to the money they’ve already earned, Ceridian Chief Information Officer Warren Perlman told Karen Webster in a recent chat.
South State Correspondent
OCTOBER 5, 2020
The Covid-19 pandemic has decimated the US economy, and the recovery may take longer than initially suspected. However, currently, community banks have an opportunity to identify and win or retain longer-term, credit-worthy relationships at better credit spreads. There are also substantial challenges facing the entire banking industry.
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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
PYMNTS
OCTOBER 5, 2020
Alibaba Group Holding Co. continues to capitalize on growth opportunities. The latest: China’s digital economy giant has struck a multimillion-dollar deal to buy as much as a 9.99 percent stake in the Swiss duty-free retailer Dufry , Bloomberg reported on Monday (Oct. 5). Dufry is looking to reel in up to $763 million from investors, including Alibaba.
Payments Source
OCTOBER 5, 2020
Nexi SpA is already hunting for its next target after agreeing a milestone payments merger with Italian rival SIA SpA, as consolidation in the sector shows little sign of easing.
PYMNTS
OCTOBER 5, 2020
Wool footwear brand Allbirds is wagering on physical retail stores despite the coronavirus. The firm recently closed a $100 million investment round that will partly back physical growth in international markets and bolster the size of its labor force, the Financial Times reported. In October, the firm will open its 22 nd retail location in its home state of California.
Payments Source
OCTOBER 5, 2020
Parking payments have long been a pain point for many motorists, but it's a category that has also resisted a shift to mobile or digital payments in many regions.
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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.
PYMNTS
OCTOBER 5, 2020
The pandemic has triggered various shifts in the digital-first economy, and Petco has just notched another one. The company last week announced a cross between a subscription plan and health insurance for pets. Called Vital Care , the paid annual plan provides pet owners with options to meet their animals' routine wellness needs. The program is available through Petco.com and the Petco app.
Payments Source
OCTOBER 5, 2020
Emerging market payments and foreign exchange provider Crown Agents Bank Ltd. is partnering with MTFX Group, a similar company based in Canada, to expand digital payments access across Africa.
PYMNTS
OCTOBER 5, 2020
99 , a Brazilian ridesharing service, will partner with Facebook -owned WhatsApp in order to take orders on the chat platform, letting users summon cars without having to use more than just the WhatsApp application, according to Reuters. 99 is owned by China-based Didi Chuxing Technology , Reuters reported. The partnership, which has already launched in four cities in São Paulo state, will aim to target lower-income individuals who might not have the same capacity on their mobile phones to downl
Payments Source
OCTOBER 5, 2020
Coronavirus galvanized the use of NFC payments and QR codes, and PayPal wants to harness both trends for Venmo’s first credit card.
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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.
PYMNTS
OCTOBER 5, 2020
More scams are taking place in the pandemic era, and fraudsters are now using Cash App to swindle consumers, according to a report from WPRI 12 , which cited the Better Business Bureau (BBB). There are a few variations taking place through the popular payment tool, the report stated. One of them involves a person requesting payment through the app and, once it's made, the sender is blocked immediately.
Payments Source
OCTOBER 5, 2020
With travel spending still largely sidelined by the coronavirus pandemic, Amazon is looking to harness more of the spending that small and medium-sized businesses are focused on for recovery.
PYMNTS
OCTOBER 5, 2020
Here’s the latest news from Google and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. Regulation. EU Aims To Have Big Tech Share Data With Smaller Competitors. The European Union is getting ready to make Big Tech provide smaller competitors with their massive collections of customer information.
Payments Source
OCTOBER 5, 2020
Longtime finance entrepreneur Jackie Reses, who led Square Capital for the last five years, is leaving the company at the end of the month. Square has not yet named a successor.
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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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