Perficient
AUGUST 22, 2022
Live Connection Mode: Power BI. Live Connection is one of the connection modes to connect the data source into Power BI, just like Import and Direct Query. As of now, some of the cloud data sources we can connect through Power BI Live Connection are: Azure Analysis Services. SQL Server Analysis Services Tabular. SQL Server Analysis Service Multi-Dimensional.
Payments Dive
AUGUST 22, 2022
Higher costs and a reduction in revenue, due to less merger and acquisition activity, are crimping the outlook for profit margin expansion at Jack Henry & Associates.
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Abrigo
AUGUST 22, 2022
Emerging Check Fraud Trends to be Aware of It seems check fraud will never go away, it just changes its approach every opportunity. Find out what the latest iteration looks like. You might also like this webinar, "Balancing compliance risk & reward with high-risk businesses." WATCH . Takeaway 1 The lottery or sweepstakes scam is becoming popular.
Payments Dive
AUGUST 22, 2022
The Consumer Financial Protection Bureau is “carefully monitoring” payments innovations and the risks they pose to consumers, the agency said in a recent report.
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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
TheGuardian
AUGUST 22, 2022
Forecasts updated after 25% and 7% rally in gas and electricity prices respectively last week Inflation in the UK will hit 18% early next year as consumers count the cost of the deepening energy crisis, one of the world’s biggest banks has predicted. Forecasters at the US financial services group Citi said it expects the consumer prices index to breach 18% in the first quarter of 2023, while the retail prices index inflation rate will soar to 21%.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
CFPB Monitor
AUGUST 22, 2022
The CFPB is seeking comments on changes to its semi-annual Terms of Credit Card Plans (TCCP) Survey. Comments must be submitted by October 17, 2022. Amendments to the Truth in Lending Act made in 1988 by the Fair Credit and Charge Card Disclosure Act require the CFPB to conduct the TCCP Survey. The information that the CFPB must collect for the survey is credit card price and availability data from the 25 largest credit card issuers, and no fewer than 125 additional credit card issuers that ar
The Paypers
AUGUST 22, 2022
Canada-based ecommerce platform Shopify has announced the introduction of a new business financing programme for the Australian market, offering up to AUD 2.5 million in funds.
CFPB Monitor
AUGUST 22, 2022
On August 10, 2022, Director Rohit Chopra delivered remarks at the 2022 National Association of Attorneys General Presidential Summit in Des Moines, Iowa on the topic of consumer protection in the digital world. Director Chopra focused his remarks on the current state of digital marketing and advertising in an ever-increasing digitalized world. Director Chopra began his remarks by discussing the shift in advertising by companies from the traditional methods of purchasing time or space in newspa
The Paypers
AUGUST 22, 2022
India-based NPCI International Payments (NIPL) has signed a MoU with PayXpert to internationalise the acceptance of its payment solutions in the UK.
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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
AUGUST 22, 2022
One of the fastest growing banks in the US is on a mission to rewire the industry. It has also touched some nerves. Cross River Bank began turning heads across the financial realm soon after Congress started unleashing $800 billion in emergency loans to help small businesses survive the pandemic. The little-known 14-year-old suburban New […].
CB Insights
AUGUST 22, 2022
Mastercard , one of the world’s leading payment networks, has forged hundreds of strategic business partnerships, invested in dozens of different companies, and made more than 5 acquisitions over the last 2 years. <span data-sheets-value='{"1":2,"2":"<div class="cbi-cta-shortcode-wrapper"><div class="cbi-cta-shortcode-content"></div><div class="cbi-cta-shortcode-forms" ><div class="cta has-desktop&
BankInovation
AUGUST 22, 2022
First Tech Federal Credit Union recently selected Zebra Technologies’ Reflexis for Banking to optimize branch performance for employees and improve the customer experience. The $15.8 billion, San Jose, Calif.-based credit union will use Reflexis to digitize audit processes to enhance insights and visibility into staff workload, task management and communications across all branches, according to […].
The Paypers
AUGUST 22, 2022
Australia’s new government has announced it will conduct a ‘token mapping’ exercise to identify how crypto assets and related services should be regulated and inform future regulatory decisions.
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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.
BankInovation
AUGUST 22, 2022
Financial institutions can streamline digital account opening (DAO) for their clients by reimagining the process as neobanks do, rather than digitizing their existing processes. For the past 15 years, FIs have been focused on digitizing — rather than rethinking — the customer’s digital journey, Alex Jiminez, managing principal, financial services consulting at EPAM Systems, told […].
The Paypers
AUGUST 22, 2022
The Korea Financial Intelligence Unit (KoFIU) has reported 16 virtual asset service providers to the investigative authorities for operating without the necessary registrations in the country.
The Banker
AUGUST 22, 2022
New guidance indicates that the stablecoin market could be maturing, but there are still unanswered questions, putting that diagnosis in doubt. James King reports.
The Paypers
AUGUST 22, 2022
Sri Lanka-based Commercial Bank of Ceylon has introduced a wearable banking product for its Flash digital account holders who use Apple Watches.
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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.
The Paypers
AUGUST 22, 2022
One-stop shopping destination across the UAE, Day to Day Hypermarket , has announced its intention to accept cryptocurrency payments for both online and in-store purchases.
The Paypers
AUGUST 22, 2022
I-Finance Services , a Netherlands-based fintech, has chosen Nordigen as their Open Banking service provider, facilitating a better understanding of their users' finances.
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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.
The Paypers
AUGUST 22, 2022
Tamara , a Saudi Arabia-based Buy Now, Pay Later (BNPL) firm, has raised USD 100 million in a second round of fundraising from investors including Sanabil Investments.
The Paypers
AUGUST 22, 2022
The Federal Reserve has announced that the FedNow service will launch by mid-2023 to make faster payments more widely available in the US.
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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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