Fri.Jul 03, 2020

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A Day in the Life of a Teams Administrator: Part 2

Perficient

Welcome back! Last time we took a look at settings from within the Teams Admin Center. This included many of the Teams policies and settings that you may be asked to configure as a Teams administrator. In this blog, we’ll be returning from our lunch break ( read the last article, it’ll make more sense ) and start looking into streamlining our administration capabilities by utilizing Microsoft Graph.

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How Payments Is Powering The Travel Industry’s Return

PYMNTS

The global pandemic has left no industry unscathed, but the travel business has the unfortunate distinction of being the sector that was slammed first and hardest, Colin Smyth , head of travel at payments platform Flywire , told Karen Webster in a recent conversation. “They took [that] punch in the stomach first, and they’ve had to rebuild, thinking about the ways they can survive until the industry opens back up again,” Smyth said.

Payments 352
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Pandemic accelerates adoption of contactless payments

Bobsguide

The spread of the coronavirus and governments’ subsequent reaction has led to a surge in the adoption in contactless payment methods such as card and mobile payments. A report released by consumer research firm Dynata, surveyed 1000 people is 11 different countries found a universal uptick.

Payments 187
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The Six Retail CEOs Who Could Set Off Fireworks This Year

PYMNTS

Retail CEOs faced a parade of problems in 2020’s first six months, but some executives look ready to set off plenty of fireworks in the year’s back half. . Who will come up with revolutionary solutions to the COVID-19 slowdown and other challenges? Here’s a July 4 th look at some top executives in retail who seem ready to declare their independence from business as usual in 2020’s final six months. .

Retail 267
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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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

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Why You Should Be A Financial Ant-Man

BankBazaar

Ever turned to nature for financial advice? Turns out there’s a lot you can learn from the way ants lead their lives. Read on to become an ant-man today! It’s time for all of us to be our own version of Ant-Man or Ant-Woman (let’s just skip the Wasp for now). No, we’re not talking about the movie; we’re referring to those teeny wondrous creations of Mother Earth that are totally worth seeking inspiration from.

Resources 148

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Georgia's Own Credit Union CDs Remain Competitive

BankDeals

Georgia's Own Credit Union's CDs remain competitive: the 2-, 3-, 4-, and 5-year CD APYs rank near or at the top of their respective term-length categories.

Georgia 119
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Red Hat: Migrating To The Cloud And The Risk Of Sticking With The Status Quo

PYMNTS

The ability for companies to immediately respond to the need to support a work-from-home environment depended, in large part, upon where those firms were already in terms of their digitization journeys. For some, the shift was relatively easy, thanks to an existing embrace of cloud-based platforms and systems. For others, not so much: Continued reliance on legacy infrastructure, which itself often depends on manual intervention to function properly, created a panic for some companies unable to m

System 216
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Rising to the Challenge

ABA Community Banking

In this pandemic, America's banks have shown what they're made of—dedicated employees working around-the-clock to help customers shore up their financial lives. The post Rising to the Challenge appeared first on ABA Banking Journal.

America 105
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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. As many teams within businesses big and small had continued to rely on paper and manual processes, AP operations were tasked with migrating to a work-from-home environment quickly. As an event that few anticipated, the pandemic was a painful reminder that developing a thorough business continuity plan is vital to the survival of many firms.

Regional 214
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The State of Automation in Financial Services 2024 Report

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

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UK productivity growth from 2008 to 2018: weakness was structural, not cyclical

BankUnderground

Marko Melolinna. Monetary policy makers need to know whether the economy is operating above or below its supply capacity. If the economy is operating above its supply capacity, inflation is likely to rise, and vice versa. A crucial component of supply capacity is the labour productivity trend but we cannot observe this directly. We have to estimate it.

Trends 81
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SMBs, Department Store Chains Contend With Pandemic’s Impact

PYMNTS

The pandemic continues to put usual business operations on unsteady ground across several industries, bringing about disastrous financial effects. Small to medium-sized businesses ( SMBs ) are especially grappling with a loss of revenue, which has led to a number of them to close down in the U.S. And the pandemic is creating some dark days for department stores domestically and across the pond in the U.K.

Data 200
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Banking apps: what do they offer – and how is your cash protected?

TheGuardian

A string of online services provide products similar to banks, but they may not be regulated in the same way When the Financial Conduct Authority ordered the UK arm of payments firm Wirecard to freeze customer funds, hundreds of thousands of people who had probably never even heard of the company suddenly found they could not access their cash. Customers of several UK banking and payment services, including FairFX, Pockit, U Account and Anna Money, were told that their money was caught up in the

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The Great (Muted) Fourth Of July Holiday Trek

PYMNTS

Not planes. Not trains. Automobiles. The question becomes: What happens once we get where we are wheeling — amid the great summer trek of 2020? You may not be reading this because you are on the road, possibly bumper to bumper, cursing the pandemic for making holiday travel feel nothing like the getaway you and the family had coveted (unless you’re using COVID-19 as a convenient way to really socially distance).

Las Vegas 200
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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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.

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What is After-Hours Trading? How Does it Work?

MyBankTracker

When people think about the floor of the New York Stock Exchange one of the first images that comes to mind is probably the opening and closing bell that announces the start and finish of trading each day. Typically, stock trading begins at 9:30 AM each weekday and ends at 4 PM, but now, investors can participate in after-hours trading, making transactions before or after the market opens or closes.

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How FIs Adapt Fraud Detection During Times Of Behavioral Upheaval

PYMNTS

Financial institutions can keep customers safe by accurately determining when attempted transactions are legitimate versus when they are being made by fraudsters who have stolen customers’ cards or taken over accounts. Banks’ security efforts depend on analyzing consumers’ transaction histories to gain firm understandings of their normal behaviors, enabling financial institutions (FIs) to spot unusual activities that could suggest fraudsters are involved.

Fraud 180
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Georgia's Own Credit Union CDs Remain Competitive

BankDeals

Georgia's Own Credit Union's CDs remain competitive: the 2-, 3-, 4-, and 5-year CD APYs rank near or at the top of their respective term-length categories.

Georgia 52
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B2B FinTechs Show Signs Of Mid-Year Venture Capital Lull

PYMNTS

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. With a combined $43.3 million in VC funding for the sector, B2B FinTechs may be showing signs of a mid-year lull. PYMNTS breaks down the companies that did manage to secure funding, below.

Capital 161
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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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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Central Bank of Sri Lanka aims for blockchain KYC platform

The Paypers

The Monetary Board of the Central Bank of Sri Lanka has announced plans to develop a blockchain platform expected to speed the processing of bank users’ ID information.

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Credit Unions Tech Up For Loyalty

PYMNTS

If there’s one thing credit union (CU) members are known for, it’s their loyalty. Since most CUs start life as an economic affinity group of some kind, loyalty is often baked into the business relationship pre-inception. It’s a rare, fair feature in an impersonal business world. When it comes to loyalty, though, it’s best not to test it too often or bend it too far – because it can break.

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LivQuik joins Visa's Fintech Fastrack Programme

The Paypers

LivQuik , a Future Group backed payments technology company, has joined Visa’s Fintech Fastrack Programme in India.

Fintech 49
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eCommerce Media Gets Its Own Upfront Event

PYMNTS

At a time when retail revenue is precious and the shift to Digital 3.0 is white-hot, eCommerce media is becoming a bigger factor in the advertising world. The practice is a trade name for simply advertising on eCommerce sites. Last year, Amazon did $4.8 billion in eCommerce media in 2019. The selling point is compelling, as it places a brand’s ads in front of a customer at the exact time they are in the market.

Retail 151
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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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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Three new companies are now using Mastercard Open Banking Protect

The Paypers

Mastercard has announced three financial companies as the latest companies to start using Mastercard Open Banking Protect , safeguarding organisations who manage customer accounts against compromised or unauthorised third-party providers (TPPs).

Company 39
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Virtual Shopping Finds Its Moment

PYMNTS

Virtual shopping is having a pandemic-driven moment. Several retail brands as well as designers have taken this twist on personal shopping to a new application. For example, Tanger Outlets last week announced the launch of a virtual shopping concierge service that takes shoppers to its outlets without leaving home. Now that its outlets are open, the company still sees utility for the application.

Branding 142
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Instacart partners with Chase to provide new offerings for cardholders

The Paypers

Grocery delivery and pick-up service company Instacart has partnered with Chase to provide new offers to Chase Sapphire Reserve and Preferred cardmembers.

Company 36
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Bringing 21st Century Technology To A 12,000-Year-Old Industry

PYMNTS

Robert Morris , founder and CEO of agricultural-imaging company TerrAvion Inc. , is bringing modern technology to what’s perhaps the world’s oldest business — farming. All with the simple goal of helping farmers more precisely grow the food that consumers want to eat — and grocery stores want to buy. “ Agriculture is the original high-tech industry,” Morris told PYMNTS.

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.