Matt Wilcox Pro
OCTOBER 12, 2020
As if we need more reasons to long for the pandemic’s end There is no shortage of articles that, while acknowledging the horror that is the COVID-19 pandemic, observe or predict a resultant upswing in digital payments. More frequent use seems all but assured by the need to self-quarantine and shop from home. I have […].
Perficient
OCTOBER 12, 2020
Prepare yourself for this incredible news! We are excited to announce our W3 Gold Winner Award and Gold Winner MUSE Creative Award for DTE Interactive Virtual Home. This microsite educates consumers on how to save energy for their homes on a completely new level. The W3 Awards is a major web competition judged by the Academy of Interactive and Visual Arts.
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Accenture
OCTOBER 12, 2020
In my previous blog post, I drew on Accenture’s own cloud journey to examine the elements that make up an appropriate and effective cloud strategy. In this latest post, I shift the focus to the next stage: defining the guiding principles. Picture the scenario. Your organisation has decided to migrate to cloud to realise the…. The post Steering your journey to cloud with a few guiding principles appeared first on Accenture Banking Blog.
Perficient
OCTOBER 12, 2020
We are excited to announce our partnership with Kyriba and dedicated practice to provide our Oracle clients with a robust cloud-based treasury management solution. Specializing in cloud-based business transformation, Perficient’s new Treasury Technology practice will improve client’s global banking footprints through bank connectivity and address concerns for payment fraud.
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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 12, 2020
In a time of increasing change for retailers and consumers, the current global climate has begun accelerating the future of retail trends at a much quicker pace than previously envisioned. However, one thing still rings true: Consumers need a reason to change ingrained behaviors. Helena Mao , vice president of global product strategy for payments at Blackhawk , spoke to PYMNTS, explaining why many consumers were slower to adopt the rollout of mobile wallets and payment methods in places like the
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
PYMNTS
OCTOBER 12, 2020
No matter how innovative they are, companies still need to get paid. And not many companies this year have combined business model creativity with payments innovation more than Beautycounter. After starting the year by winning the top spot in Fast Company’s most innovative company for the beauty category, Beautycounter has followed with two payments deals – with Klarna and Canada’s PayBright – in an effort to keep themselves agile and engaged with customers.
Perficient
OCTOBER 12, 2020
This article explains steps needed to set up SOLR Cloud collections for your sitecore environment using Search Stax. Assuming you already have SOLR Cloud Manager Environment set in SearchStax, follow below steps to set up SOLR Cloud environment. Upload Solr configurations. The first step is to get the compatible SOLR schema and config package per your sitecore version.
PYMNTS
OCTOBER 12, 2020
European digital bank Revolut , the continent's largest such institution with 13 million users, is close to applying for a U.S. digital banking license, according to a report by CNBC. The FinTech, which claims London as home, is likely to apply for a charter with the Federal Reserve Bank of San Francisco and California’s Division of Financial Institutions within the next few weeks, people with inside information told CNBC.
Perficient
OCTOBER 12, 2020
Perficient’s Andres Gonzalez, lead business consultant, organizational change management, Meghlynn Achez, lead business consultant, organizational change management, and Ryan Coburn, senior project manager, management consulting, hosted a webinar where they discussed how change management was leveraged by a large utility company to ensure that its 15,000 employees adopted Microsoft Teams successfully.
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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 12, 2020
Just months after a fundraising round that left the company's value at $3.5 billion, Berlin-based FinTech N26 is exploring seeking additional investments in calendar 2021, Bloomberg reported Monday (Oct. 12). N26 “has been in contact with potential advisers for the fundraising, though discussions are at an early stage and no final decisions have been made, the people said, asking not to be identified because the deliberations are private," Bloomberg's article states.
Perficient
OCTOBER 12, 2020
This article explains the steps needed to set up Solr Cloud collections for your Sitecore environment using SearchStax. Assuming you already have Solr Cloud Manager Environment set in SearchStax, follow the below steps to set up the Solr Cloud environment. 1. Upload Solr Configurations. The first step is to get the compatible Solr schema and config package per your Sitecore version.
PYMNTS
OCTOBER 12, 2020
Amazon is introducing a new QR-code-based augmented reality (AR) experience to help bring interactive and shared experiences for a mobile user, according to Apple's App Store listing. The way the app works, the store listing says, is for one to download the app, point the camera at a QR code on an Amazon box and “immerse yourself in augmented reality.”.
Accenture
OCTOBER 12, 2020
Financial services (FS) firms in the Middle East face a range of well-documented challenges. Some match those facing their peers elsewhere, while others (like the floundering oil price, a troubled real estate market and VAT changes) are more relevant to this region. In responding to this challenging and changing landscape, it’s time that all players….
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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 12, 2020
Singapore’s Qume is seeing an influx of new customers in the wake of the charges from the U.S. against BitMEX, CoinDesk writes. CEO Aditya Mishra said the company has seen around 2,000 customer sign-ups in the last week or so as almost 30 percent of BitMEX's trading volume has been withdrawn by customers since U.S. regulators cracked down on the firm Oct. 1.
Bobsguide
OCTOBER 12, 2020
In June this year, the Bank of England published the findings from its Post-Trade Technology Market Practitioner Panel, which brings together post-trade specialists to identify and discuss the key challenges facing firms. The banking industry was still very much in fire-fighting mode with respect to.
PYMNTS
OCTOBER 12, 2020
A new checking account from Chase will aid children in getting a head start on banking, a press release says. With Chase First Banking, built in collaboration with Greenlight, parents and kids will be able to work on managing allowances, check off chores and look at spending, the release says. Greenlight says its mission is to help parents raise fiscally-intelligent children.
Banking Exchange
OCTOBER 12, 2020
The pandemic has acted as a catalyst for positive change such as the shift towards digitization and cashless payments or ecommerce, which in the long run may benefit Small and Medium-sized Enterprises (SMEs) Community Banking PPP Covid19 The Economy Feature Technology Lines of Business Retail Banking Feature3.
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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.
PYMNTS
OCTOBER 12, 2020
Retailo , the Riyadh-based B2B eCommerce startup, has announced $2.3 million of funding in a pre-seed round to go toward boosting small to medium-sized businesses (SMBs) in the Middle East, according to a press release. The round was led by Abu Dhabi-based Shorooq Partners , while 500 Durian (the 500 Startups fund for Southeast Asia) and 92 Ventures chipped in as well, along with angels from the region’s top startups and leading management consulting firms, according to the release.
Banking Exchange
OCTOBER 12, 2020
This past weekend, a bombshell report found that major global banks have “defied money laundering crackdowns by moving staggering sums of illicit cash for shadowy characters and criminal networks." Compliance AML & Fraud BSA/AML Compliance Management Compliance/Regulatory Feature3 Feature.
PYMNTS
OCTOBER 12, 2020
The entire healthcare system has gone from emergency mode to a new normal in just months, after COVID-19 disrupted supply chains, customer care, communications and even the ability to go into work, CEO Lance Hill of patient-engagement platform Within3 told PYMNTS in a recent conversation. And although the pandemic is far from over, Hill expects many of the changes will outlast the disease.
Banking Exchange
OCTOBER 12, 2020
Not only does technology provide a better customer experience, but it is proven to create a more efficient and less risky lending process from beginning to end Mortgage Credit Mortgage Mortgage Compliance Mortgage/CRE Residential Commercial Technology Feature3 Feature.
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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.
PYMNTS
OCTOBER 12, 2020
There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market.
Banking Exchange
OCTOBER 12, 2020
The two financial services giants were hit with huge regulatory penalties in the past few days, but Moody’s believes their prospects are very different Compliance Feature3 Feature Compliance Management Compliance/Regulatory Risk Management.
PYMNTS
OCTOBER 12, 2020
China’s central bank is issuing 10 million yuan ($1.5 million) worth of digital currency to 50,000 people chosen by lottery in the country’s first trial run of a cashless payments system, according to numerous reports on Monday (Oct. 12). Nearly 2 million people applied to the Shenzhen drawing. The winners were chosen at random and announced on Sunday.
Bobsguide
OCTOBER 12, 2020
What are the main reasons these days for companies to pursue reconciliation automation? Reconciliation automation fits into the broader concept of business transformation in the realm of finance & accounting.
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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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