Perficient

NOVEMBER 27, 2020

At Perficient, we value and champion diversity. We believe that our individual differences make us stronger as a team. This post is the first in a series highlighting the many cultures that enrich our Perficient community. Be on the lookout for updates to this series over the next weeks and months! Perficient Champions Our Diverse Community. This past September, Perficient colleagues gathered for the month’s highly-anticipated social event: A Cultural Celebration Happy Hour.

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PYMNTS

NOVEMBER 27, 2020

It's been more than a decade since the boom of neo and challenger banks stepping into the market to fill the biggest service gaps left by FI giants. Generally considered more nimble and digital-friendly than legacy banks, challengers have injected a much-needed dose of technological innovation into the sector, with business banking an increasingly popular focus for new players.

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Strategy Industry Marketing Data 295

BankUnderground

NOVEMBER 27, 2020

Matthieu Chavaz and David Elliott. On 16 June 1933, as the nationwide banking crisis was reaching a new peak, freshly elected US President Franklin D. Roosevelt put his signature at the bottom of a 37-page document: the Glass-Steagall Act. Eight decades later, the debate still rages on: should retail and investment banking be separated, as Glass-Steagall required?

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PYMNTS

NOVEMBER 27, 2020

From restaurants to the farthest reaches of retail, rapid digitization is making the best of the COVID-19 mess while setting up conditions for an elevated set of future payments experiences. The 2021 New Merchant Business Models Playbook , a research-based report created in collaboration with American Express , explores the matter in detail, noting how tech innovation has essentially saved at least one sector — restaurants — from pandemic oblivion.

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Survey Innovation Online Retail 277

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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

BankBazaar

NOVEMBER 27, 2020

Living on your own for the first time can be quite liberating. However, it can be just as overwhelming, especially when it comes to your finances. Here’s some help. Moving out of your parents’ house or planning to live on your own in a new city? Just graduated college and are moving to a new city for your job and will be living alone? Getting divorced and moving out of your partner’s home to start all over again?

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US Management Analytics Lending 78

TheGuardian

NOVEMBER 27, 2020

Spanish bank Sabadell commissions review that could lead to third sale of lender in seven years The Spanish owners of TSB are considering putting the UK bank up for sale, in what could lead to the third major ownership shakeup for the loss-making lender in seven years. Sabadell has asked Goldman Sachs to launch a review of TSB that could result in a sale of the entire bank, which it bought for £1.7bn in 2015.

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PYMNTS

NOVEMBER 27, 2020

Consumers and businesses alike have long been familiar with digital payments, but both now expect smoother payment experiences as the COVID-19 pandemic’s financial impacts continue. Friction points that once proved to be minor nuisances have become legitimate financial challenges, especially for consumers and smaller businesses. Companies attempting to more transparently view their cash flows can no longer afford to spend time processing paper checks, and their use of digital payment tools has t

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Meeting Payments Groups Tools 265

The Paypers

NOVEMBER 27, 2020

The South African Reserve Bank (SARB) has issued a warning to consumers to be aware of the risks associated with the use of instant electronic funds transfer (EFT) payment services offered at ecommerce stores.

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Payments 50

PYMNTS

NOVEMBER 27, 2020

As B2B eCommerce accelerates its technological innovation, and as adoption grows, it continues to look toward the world of B2C to implement optimized end-user experiences – for both the buyer and the seller. But B2B eCommerce is inherently more complex than consumer-facing sales and payments flows, thanks to the need for corporate buyers to establish payment terms or purchase on credit with suppliers.

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Payments User Experience Innovation Cards 261

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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

Tomorrow's Transactions

NOVEMBER 27, 2020

For most of us 2020 isn’t going to be a year to linger fondly in the memory. It’s been a monumental slog in the face of grim news and little cheer but from a payments perspective we’ve seen an unsurprising surge in interest in all things payment related. People have moved from cash to electronic… Continue reading Black Friday, Cyber Christmas, and a Contact-Free New Year.

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PYMNTS

NOVEMBER 27, 2020

The B2B payments world is changing fast due to both the increased adoption of digital payment methods over the past several years and the economic upheaval brought on by the COVID-19 pandemic. Approximately $25 trillion in payments flows between American businesses annually, and B2B payments total $120 trillion globally. One-third of B2B payments are processed electronically, but accounting professionals are still pushing to expand that share.

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Meeting Fraud Survey Security 238

The Paypers

NOVEMBER 27, 2020

Viber has announced the launch of its Chatbot Payments feature in the Philippines, allowing users to make payments via the messaging app.

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Payments 53

PYMNTS

NOVEMBER 27, 2020

In the middle of the biggest week in the biggest season, Walmart and Amazon are making news with their moves to solidify their shopping experience and last-mile delivery — because it’s hard to claim the whole paycheck for U.S. consumers if the goods can’t be delivered. Walmart, in particular is making last-minute adjustments on its last-mile capabilities.

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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

The Paypers

NOVEMBER 27, 2020

Zalando has selected Amazon Web Services (AWS) as its preferred cloud provider, running all of its machine learning workloads on the world’s leading cloud.

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PYMNTS

NOVEMBER 27, 2020

At a time when the coronavirus has caused a spike in unemployment and crippled countless small businesses, the pawnbroking industry has found itself in a perfect storm of sorts, which has fueled a surge in demand for loans as well as an appetite for secondhand merchandise. “Obviously pawning is the meat and potatoes of the business,” said Len Summa , CEO of Data Age , which owns the widely used PawnMaster software platform.

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The Banker

NOVEMBER 27, 2020

Lenders' profitability set to weaken on the back of higher impairments and lower net interest margins, according S&P Global.

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PYMNTS

NOVEMBER 27, 2020

There’s nothing quite like being on Zoom calls for several hours of one’s workday to remind one of proper skincare’s importance. There’s something undeniably motivational about seeing one’s own face poorly lit on a computer screen when it comes to remembering to go to the dermatologist. That’s part of the reason why dermatologist Dr. Dhaval Bhanusali has been so busy of late.

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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.

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The Paypers

NOVEMBER 27, 2020

Cloud solutions provider Quotevine has joined forces with analytics firm AccountScore to develop a new product that will help lenders make better open banking decisions.

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Analytics 31

PYMNTS

NOVEMBER 27, 2020

The great digital shift didn’t start in March. Though the world before then seems hard to remember, consumers were already in the process of shifting shopping habits toward digital before then, while workers were already leveraging the digital world to work from home. Cash was already on the decline, and digital banking was already on the rise. But as Guy Atzmon , senior vice president of product and creative at SundaySky , told PYMNTS in a recent discussion, COVID-19 rapidly accelerated that di

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Video Branding Examples Cards 209

The Paypers

NOVEMBER 27, 2020

Uber has introduced Uber Direct, a new and operationally efficient way for Canadian retailers to manage their delivery process, reach their customers, and deliver right to their doorstep.

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Branding Retail Operations Management 28

PYMNTS

NOVEMBER 27, 2020

Compliance with financial regulations market-to-market around the globe is increasingly automated yet relies on the same human emotion that undergirds all forms of exchange: trust. In other words, banks and financial institutions (FIs) have an obligation to make sure you are who you claim to be. Trust. And it’s gotten much more difficult as remote onboarding spikes and cybercrooks get their hands on the hottest tech underground evildoers have to offer.

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Compliance Regulation Payments Study 198

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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

The Paypers

NOVEMBER 27, 2020

Facebook’s stablecoin, Libra might get off the ground as early as January 2021, albeit in a more limited format than the original multi-currency basket envisioned, according to CoinDesk.

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Report 28

PYMNTS

NOVEMBER 27, 2020

More consumers than ever are turning to online shopping channels to meet their needs during the pandemic, but many are also aware that cybercriminals are looking to capitalize on this stepped-up online activity to steal their card data. These kinds of concerns could encourage shoppers to change up how they make payments. Some are turning to virtual cards to keep their debit account numbers safe, providing shoppers with newly generated codes that can be restricted to work only when paying specifi

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Cards Security Tools Online 197

The Paypers

NOVEMBER 27, 2020

WHP Global has launched WHP+, a new direct to consumer digital ecommerce platform, with full ecommerce operations including technology, data science, analytics, and more.

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Branding Analytics Operations Data 28

PYMNTS

NOVEMBER 27, 2020

It was a slow week for B2B FinTech venture capital investments, though the industry still managed to pull more than $46.8 million in fresh funding. The leader this week is a B2B payments and trade credit startup offering a point-of-sale financing solution for B2B buyers, while additional funding landed across RegTech, logistics and other startup verticals.

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Fintech Capital Operations Analytics 176

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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