Sun.Aug 09, 2020

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Understanding Healthcare Journey Maps

Perficient

Healthcare journey maps are usually drawn as linear – with a clear start and end. But look closely at the healthcare journey and you’ll see it’s actually circular. The end of treatment doesn’t mark the journey end. It’s merely a lull, a period of maintenance before the next symptoms or life events trigger the journey to resume. This isn’t pessimism or an assertion that we all keep getting sick.

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Google Almost Done With Transition To SAP Ariba Network

PYMNTS

Google’s transition to SAP Ariba ‘s cloud-based services has a completion date set for Aug. 24 after multiple waves that began last October, according to a press release. The final wave concerns the Asia Pacific region. Last October, U.S. suppliers were switched over, and in May of this year, the rest of North America, Latin America, Europe, the Middle East, and Africa made the jump, the release says.

Google 362
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As the school year nears, many must change the way they collect payments

Payments Source

Schools are still figuring out how they will open this fall, with some districts providing online education while others try a hybrid approach of online and in-person instruction. This complicated structure also upends how schools handle fees and payments.

Payments 174
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Singapore Charges Citadelle Corporate Services Owner In Wirecard Collapse

PYMNTS

A Singapore businessman faces charges of falsifying documents that showed more than 100 million euros ($118 million) in three accounts held on behalf of Wirecard AG, The Wall Street Journal (WSJ) reported. R. Shanmugaratnam, 54, the owner of Citadelle Corporate Services, a corporate management services company at the heart of an investigation, is the first person outside of Wirecard to be linked to the suspected fraud at the disgraced German payments company.

Fraud 265
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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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Black Friday’s the deadline for retailers to get e-commerce right

Payments Source

The coronavirus has slammed merchants. For many, providing a better online experience by the holidays is their last chance, says Zycada’s James Brear.

Retail 137

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When is the right time to refinance your home loan?

Qudos Bank

If you’re a homeowner, it’s a smart idea to periodically review your service providers to make sure you’re still getting the best deal. Comparing your water, power, internet, home and contents insurance, etc. against competitors can save you hundreds of dollars a year. And your mortgage should be no different.

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Fed Moves Ahead With FedNow Despite Objections

PYMNTS

Not everyone favors the Federal Reserve Board’s launch of its settlement service designed to eliminate the three-day check clearing and support instant payments in the U.S. In response to the Fed’s notice seeking comments on FedNow, the central bank’s initiative that promises to fuel 24/7 payments, the board received nearly 2,600 responses from a variety of stakeholders.

System 181
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Diversity chiefs gain prominence as banks confront racial inequality

American Banker

Institutions large and small are either creating new positions or elevating existing diversity heads to C-suite roles. Will the moves help banks improve equality within their ranks and better serve their communities?

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Agora Services Debuts New Tools For SMB Banking

PYMNTS

Challenger bank Agora Services wants to address challenges with banking for small businesses with a new solution called Agora SMB, which will help them compete with bigger banks, a press release says. Agora SMB will offer its users new options for unlimited plastic and virtual cards for employees. There will also be receipt managing sub-accounts for tax purposes, and other such perks.

Tools 168
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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 consumer lending will plummet during 2020, say forecasts

TheGuardian

Personal loans and credit card debt expected to fall 16% as lending to businesses surges Consumer borrowing from UK banks will fall at the fastest rate on record in 2020, amid the recession caused by the coronavirus pandemic, forecasts suggest. Banks are expected to lend 15.9% less to consumers via personal loans and credit cards, according to forecasts by EY Item Club, the economic forecasting arm of the accounting firm.

Lending 88
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India’s Proposed Data Rules Prompt US Tech Pushback

PYMNTS

A plan by India to regulate what it terms “non-personal” data has roiled the executives of Big Tech companies like Amazon , Facebook and Google and advocates for freedom and competition in business, Reuters reported. A panel was appointed by the Indian government last month to regulate data that doesn’t contain personal details and yet is crucial to letting companies do business, according to Reuters.

Data 168
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Pandemic Reveals Digital Banking Transformation Paradoxes

The Financial Brand

The potential of digital banking transformation will fall short if investments do not align with known strategies for success. The post Pandemic Reveals Digital Banking Transformation Paradoxes appeared first on The Financial Brand.

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Fed’s Kashkari Advocates For New Lockdown

PYMNTS

Neel Kashkari , president of the Federal Reserve Bank of Minneapolis and Dr. Michael Osterholm , director of the Center for Infectious Disease Research and Policy at the University of Minnesota , said the defeat of the coronavirus will require sacrifice but will save thousands of lives. In a New York Times opinion piece published Friday (Aug. 7), they wrote the choice is clear.

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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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Debit Cards Dominating Retail Payments, Fueled by P2P and eCommerce

The Financial Brand

New data from annual PULSE survey shows a big jump in digital transactions even before COVID, a clear sign of changing consumer habits. The post Debit Cards Dominating Retail Payments, Fueled by P2P and eCommerce appeared first on The Financial Brand.

Retail 41
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Report: TikTok Plans Lawsuit Over US Ban

PYMNTS

Despite President Donald Trump’s executive order to ban TikTok effective Sept. 15, the Chinese app is not going down without a fight. The popular video-sharing platform will file a federal lawsuit in the U.S. District Court for the Southern District of California, where TikTok’s American operations are based, as soon as Tuesday (Aug. 11), National Public Radio (NPR) reported, citing a source.

Report 164
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Apple Opposes Meal Planning SMB’s Pear Logo

PYMNTS

Prepear , a small company spun off from parent Super Healthy Kids and focused on meal planning and grocery lists, is under legal attack from Apple for an alleged similarity in the company’s logos, a news report says. Super Healthy Kids posted about the issue on Twitter , saying Apple “ has decided to oppose and go after our small business @prepearapp trademark saying our Pear logo is too close to their Apple and supposedly hurts their brand.”.

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CHAMPS Group Purchasing Works With Procurement Partners On Smoother P2P Services

PYMNTS

CHAMPS Group Purchasing is partnering with Procurement Partners , which works in procure-to-pay (P2P) solutions, to provide a new service for suppliers, a press release says. The service will “drive the efficiency of purchasing, invoicing and auditing for both members and suppliers of CHAMPS GPO,” the release says. Procurement Partners’ services work to implement flexible proprietary software to help manage every kind of software development, integration, implementation and support all on

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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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Report: Twitter In Talks To Buy TikTok

PYMNTS

The bidding to buy TikTok ’s U.S. operations took an unexpected turn over the weekend. While Microsoft Corp. is still seen as front-runner, The Wall Street Journal (WSJ) reported Twitter has held preliminary talks with the popular Chinese app that allows users to craft and post short videos to combine the two mega social media platforms. Citing data and national security issues, President Donald Trump issued two executive orders last week banning TikTok and WeChat from the U.S.

Report 150
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DFC: Eastman Kodak Loan Stalled Until ‘Allegations Are Cleared’

PYMNTS

A $765 million loan agreement between Eastman Kodak and the government to provide pharmaceutical ingredients has been put on hold due to questions about Kodak’s recent securities transactions. Reuters reported that the transactions had sparked questions of a very serious nature from senior Democratic leaders, and the U.S. International Development Finance Corp.

Company 189
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Trump Provides Stimulus By Executive Order

PYMNTS

Amid a Congressional impasse over the next pandemic-related stimulus package, President Donald Trump directed the federal government to provide relief for beleaguered Americans. The president’s action Saturday (Aug. 8) from his golf club in Bedminster, New Jersey, provides federal unemployment benefits, defers some payroll taxes, helps renters and homeowners behind on their payments and extends relief on student loans.

Taxes 238
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Pelosi, Mnuchin Call For Reopening Stimulus Talks

PYMNTS

Weeks of failed negotiations on pandemic-related aid has led to House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin , representing two sides of the debate on how further stimulus packages should proceed, agreeing to attempt a compromise. A report from Reuters chronicles the past few days — an effort to issue a fifth coronavirus package fell apart on Friday (Aug. 7), and that led to President Donald Trump taking it upon himself to issue several executive actions, addressing things lik

Taxes 272
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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.