Perficient

JANUARY 29, 2021

Perficient is happy to announce that it has joined the Looker Partner Ecosystem. By becoming a Looker partner, our business intelligence practice will be strengthened, giving us more tools to help our customers unlock the real power of their data. Our alignment will help enable customers to transcend traditional business intelligence by seamlessly integrating data experiences into the way people already work – helping them explore, analyze and share real-time business analytics easily.

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Analytics Google Data Tools 508

Payments Dive

JANUARY 29, 2021

Geeman Yip is the founder and CEO of BitTitan, a SaaS-based cloud enablement provider that helps IT service providers and businesses assess, deploy and manage technology solutions in a rapidly changing cloud world. He shares his thoughts on how IT plays a pivotal role in the success of mergers and acquisitions in the payments industry.

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Industry Management Technology Payments 370

Perficient

JANUARY 29, 2021

Perficient is excited to announce that we have achieved Diamond level partner status within the OneStream partner network. As the highest level in the partner ecosystem, this represents the exceptional work of Perficient’s OneStream specialists and commitment to 100% customer success. With over two decades of experience in implementing CPM solutions, Perficient is dedicated to helping our clients modernize finance to drive profitability and improve performance.

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Training Houston United States Software 436

PYMNTS

JANUARY 29, 2021

Online gaming and entertainment platform Roblox is holding off on a public listing after the U.S. Security and Exchange Commission (SEC) raised concerns, Reuters reported on Friday (Jan. 29), citing an employee memo. The SEC is investigating how the San Francisco-area startup allocates revenue. . Roblox was planning to list shares on the New York Stock Exchange in the fourth quarter of 2020 but in an SEC filing on Jan. 8, the company changed its plans to a direct listing to occur in February. .

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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

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Perficient

JANUARY 29, 2021

ADFdi (Application Development Framework Desktop Integration) is part of Oracle’s Application Development Framework that integrates with MS Excel to load moderate amounts of data into Oracle Cloud. The tool offers the following benefits: Accessed from the user interface. More user-friendly than FBdi (File-Based Data Integration). Offers online data validation using lists of values.

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Tools Data Online Management 322

Payments Source

JANUARY 29, 2021

City National Bank is working with the fintech startup Extend to further boost contactless payments at the point of sale for business employees through the launch of a virtual Visa commercial credit card.

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PYMNTS

JANUARY 29, 2021

A U.S. lobbying organization representing companies like Walmart and Amazon has asked India not to strengthen eCommerce mandates for companies outside of the country, Reuters reported on Friday (Jan. 29), citing a letter. In response to local merchants’ complaints about U.S. eCommerce giants, India is considering revising its rules after allegations surfaced that Amazon and Walmart’s Flipkart devised ways to sidestep investment regulations.

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Regulation US Policies Compliance 178

ATM Marketplace

JANUARY 29, 2021

The fate of bank branches has been hanging in the balance. Pre-COVID-19 statistics from the European Banking Federation show the number of branches had already fallen to about 163,000 by the end of 2019, which puts a strain on customers who need a brick and mortar location. So what's the solution? One emerging concept is the lean bank branch.

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PYMNTS

JANUARY 29, 2021

New policy changes on Google Play will enable gambling apps to be available in its store in more countries effective March 1, extending availability to the U.S. and 14 other countries, 9to5Google reported on Thursday (Jan. 28). Just four Google Play stores worldwide make gambling and betting apps available — Brazil, Ireland, France and the United Kingdom.

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Policies Google Rhode Island West Virginia 168

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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

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Payments Source

JANUARY 29, 2021

With the ongoing coronavirus pandemic prompting more consumers to use contactless payments, the U.K.’s banks have lobbied for higher contactless payments limits, a move which could benefit the biometrics payments industry.

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Industry Payments 125

PYMNTS

JANUARY 29, 2021

Gummy worms: check. Beverages: also check. Outrageously big flat-screen HDTV: bonus check. This list is heading in only one direction — the couch — where hundreds of millions of Americans have been feasting on subscription video and education services for a year. PYMNTS latest Provider Ranking of Streaming Apps leaps a few months from the last, and we find that chess pieces have moved.

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Video Regional Course Branding 151

Payments Source

JANUARY 29, 2021

Allowing employees to work from home until the holiday will give Amex the chance to monitor the speed with which vaccines are distributed, CEO Stephen Squeri said in a memo to workers.

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Cards 118

PYMNTS

JANUARY 29, 2021

Legislators in the European Union have informed Alphabet , Facebook , Apple and Amazon that they are open to delaying a potential hearing beyond Feb. 1, its initially scheduled date, Reuters reported. The European Parliament had invited the leaders of the firms to a hearing in Europe to aid them in forming an opinion on stringent new regulations that the European Commission had put forward.

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social media Apple Online Regulation 148

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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.

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Bobsguide

JANUARY 29, 2021

Forty-one percent of authorised push payment (APP) scams have been reimbursed since the introduction of the Contingent Reimbursement Model (CRM) but “there is more to do”, according to the Lending Standards Board (LSB). The self-regulatory body published its review into the voluntary.

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Lending Payments 97

PYMNTS

JANUARY 29, 2021

Education gig economy platform Nerdy Inc. has struck a deal to go public by merging with TPG Pace Tech Opportunities, a special purpose acquisition company (SPAC), according to a Friday (Jan. 29) announcement. "We’re transforming how people learn at all age levels, from kindergarten to professional. With our new partners at TPG, we anticipate further investing in growth and expanding the breadth and reach of our platform,” Chuck Cohn , founder, chairman and CEO of Nerdy, said in the announcemen

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Online Groups Study Marketing 142

FICO

JANUARY 29, 2021

Today it gives me great pleasure to announce the winners of the 2021 FICO® Decisions Awards. . This year we received a bumper crop of entries from more than 30 different companies across the globe from banking and finance, retail, telecommunications, automotive, FMCG and healthcare. It was clear from the submissions that digital transformation was the name of the game, with more than a few companies declaring they had accelerated their plans due to the global pandemic.

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PYMNTS

JANUARY 29, 2021

In this week's news, we saw Quevos secure funding, new data on loyalty and rewards programs, and research on how nonprofits are using digital payments. The Weekender is here to catch you up. News . 22-Year-Old Entrepreneurs Win ‘Shark Tank’ Deal for Quevos Startup. Quevos recently secured an approximately $400,000 investment on the ABC TV reality show “ Shark Tank ” from the inventor of Kind Bars, Daniel Lubetzky.

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Payments Apple Cards Security 139

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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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BankInovation

JANUARY 29, 2021

Innovation in the financial industry is now an expectation. However, for small and mid-size financial institutions, this can be a fine line to negotiate. A bank that focuses too heavily on digital innovation can see its budgets run thin, and its customers become overwhelmed. Refusing to digitize interface features could lead clients to flock to […].

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Innovation National Industry Omaha 98

PYMNTS

JANUARY 29, 2021

In today’s top news, Visa’s first-quarter earnings show growth in contactless payments, and Plaid introduces Plaid Deposit Switch for users to modify paycheck destinations. Plus, Mastercard’s fourth-quarter earnings show a bump in debit spending. Visa Fiscal Q1 Earnings Show 60 Pct Growth for Visa Direct. Visa’s fiscal first-quarter results showed headwinds in cross-border spend, hampered by the pandemic and travel restrictions.

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Digital Banking Payments Mobile Branding 132

MerhantsBanks

JANUARY 29, 2021

As it did for everybody, 2020 presented challenges for me and my teammates at Merchants Bank. I am guessing you were as excited as we were to turn the page on the calendar and look forward to the new year with renewed hope and optimism. Being tested as we all were last year, responding with […].

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Company 98

Payments Source

JANUARY 29, 2021

Several financial tech companies that applied to become national banks are seeking exemptions from many provisions of the Community Reinvestment Act. A consumer advocacy group and the American Bankers Association say the OCC mustn't allow this.

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Fintech Community National Groups 94

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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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TheGuardian

JANUARY 29, 2021

Tom Hayes hopes to rebuild his life and family after ‘traumatic’ time in custody Tom Hayes, the City trader jailed for manipulating Libor interest rates, has been released from prison after serving what he called a “traumatic” five and a half years in custody. The former star UBS and Citigroup trader was the first person to be convicted by a jury of rigging the financial industry benchmark and was released after serving half of his 11-year sentence.

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Industry Regulation 94

BankInovation

JANUARY 29, 2021

This week, Bank Automation News explored Wells Fargo’s goal to stand up at least 300 automations in the next few years as it looks to expand its robotic processing automation (RPA) team. After making headlines for losing a $5.3 billion deal for acquisition by Visa, data aggregator Plaid unveiled a new beta product this week […].

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Payments Source

JANUARY 29, 2021

Like other card issuers, the Stamford, Conn., company expects current trends — soft loan demand but strong credit quality — to reverse later this year as the economy emerges from the pandemic-induced recession.

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Trends Cards Company Lending 70

BankInovation

JANUARY 29, 2021

Suncrest Bank is leveraging an automation partnership formed during the pandemic to potentially generate $15-$20 million annually in loan production by expanding its Small Business Administration 7 (a) lending program, said Chief Operating Officer Steve Jones. The $1.3 billion bank is partnering with online lending network SmartBiz to grow its lending program.

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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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