Perficient

JULY 26, 2021

Insurance serves a noble purpose: to protect individuals & businesses and their property, liability, and financial obligations. At their roots, many of the large, well-known carriers today began by serving the distinctive needs of businesses and individuals who could not find coverage elsewhere. Rural residents paying city insurance rates, government employee affinities, and experiences tailored for military families are just a few examples of these beginnings.

Customer Experience 294

Customer Experience Apple Study Google 294

SWBC's LenderHub

JULY 26, 2021

Last Week. Another week, another new all-time high for stocks. Equities plunged at the beginning of the week. The S&P 500 dropped 1.6% on Monday as risk assets reacted to the very real risk of the COVID-19 Delta variant causing havoc and snuffing out the recovery. However, by Tuesday, the buy dip crowd came in like gangbusters, taking both the S&P 500 and the NASDAQ 100 up to new all-time highs by Friday.

Marketing 148

Marketing Capital 148

BankInovation

JULY 26, 2021

Banks often struggle with how to automate operations or functions deemed essential or strategically different, says Hemal Nagarsheth, associate partner at global management consultancy Kearney, in this episode of “The Buzz” podcast. The Covid-19 pandemic uncovered operational inefficiencies at many financial institutions and in turn compelled the organizations to embrace automation initiatives more quickly, he […].

Operations 98

Operations How To Management Customer Experience 98

TheGuardian

JULY 26, 2021

Customers will receive letter in next fortnight to advise on what they need to do Tesco Bank has announced that it is closing all of its customers’ current accounts from the end of November, and that it will write to them in the next fortnight to advise them what they need to do. The banking arm of the retailer launched its current account in 2014 , at the time offering 3% interest on balances and Clubcard points on spending in a bid to win customers.

Retail 77

Retail 77

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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

BankInovation

JULY 26, 2021

The fintech industry will see a wave of consolidations in the coming six to 12 months as banks grab up fintechs and larger fintechs eat their own. These are the predictions from “The Changing Fintech Landscape: A Snapshot of M&A Themes and Trends,” a collaboration between Shearman & Sterling, S&P Global Market Intelligence and Rise, […].

Trends 98

Trends Fintech Report Industry 98

BankInovation

JULY 26, 2021

Consumers and businesses in the U.S., looking for the holistic, hassle-free customer experiences they get from technology giants such as Amazon and Uber, are struggling to get the same from their banking providers. This is particularly true of smaller businesses: according to JD Power’s 2020 U.S. Small Business Banking Satisfaction Survey, such businesses “have seen […].

Customer Experience 98

Customer Experience Survey Technology 98

CB Insights

JULY 26, 2021

Visa, a digital payment network, has acquired Currencycloud , a cloud-based solution for cross-border payments. The deal values Currencycloud at $962.8M. WHO ARE THE PARTIES TO THE DEAL? Currencycloud: UK-based Currencycloud is a cloud-based platform that offers a broad range of APIs enabling currency exchange service offerings from banks and financial services.

Fintech 68

Fintech Payments California Company 68

FICO

JULY 26, 2021

The signs from our UK Credit Market Report for May suggest that consumers are practicing pragmatic financial management, as well as continuing to make use of savings accrued during the pandemic. There are, however, warning signs in our UK credit card data of the financial pressure growing for those already in debt. Whilst the effects of a full month of retail and hospitality re-openings were reflected in a further rise in card spend, the increase was just 4 percent compared to the 12 percent inc

Cards 52

Cards Data Payments Report 52

The Paypers

JULY 26, 2021

Spoko.app , operating on the money transfer market, has announced it is focusing on expanding in African and Asian countries.

Operations 71

Operations Marketing 71

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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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American Banker

JULY 26, 2021

Community Bank 85

Community Bank Community Regulation 85

The Paypers

JULY 26, 2021

Spain-based travel technology company Amadeus has integrated the IBM Digital Health Pass into its digital health verification solution, Traveler ID for Safe Travel.

Technology 60

Technology Company 60

American Banker

JULY 26, 2021

cryptocurrency 85

cryptocurrency blockchain 85

The Paypers

JULY 26, 2021

UK-based Zopa has hired JP Morgan , to advise on what is expected to be its last funding round before it launches a public flotation.

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62

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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

American Banker

JULY 26, 2021

Security 85

Security Data 85

The Paypers

JULY 26, 2021

Lloyds Bank Commercial Banking has partnered with Mastercard to use its Open Banking Merchant Payment Solution to launch PayFrom Bank.

Payments 54

Payments 54

American Banker

JULY 26, 2021

Payments 85

Payments 85

The Paypers

JULY 26, 2021

Littlepay has introduced Portugal's first contactless transit ticketing system, in the city of Porto, in partnership with Visa.

System 57

System 57

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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 Financial Brand

JULY 26, 2021

187-year-old savings bank stakes its future on a scalable combination of a digital-only brand, well-trained people and data analytics. The post A Small Bank Believes Its Digital Brand Will Succeed Where Chase Failed appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Branding 43

Branding Training Analytics Banking Trends 43

The Paypers

JULY 26, 2021

The Bank of Russia has issued a recommendation for local stock exchanges asking them not to list stocks of any companies with their businesses tied to cryptocurrencies.

Company 48

Company cryptocurrency 48

American Banker

JULY 26, 2021

Payments 81

Payments Fintech 81

The Paypers

JULY 26, 2021

Indonesia-based media conglomerate Elang Mahkota Teknologi (Emtek) has announced it is investing USD 375 million in ride-hailing and payment firm Grab ’s Indonesia unit.

Groups 46

Groups Payments 46

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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

American Banker

JULY 26, 2021

Chicago 81

Chicago Illinois Community Bank Community 81

The Paypers

JULY 26, 2021

Technology-enabled ecosystem for protection and insurance bolttech has acquired Europe-based B2B2C digital insurance platform i-surance.

Technology 50

Technology 50

American Banker

JULY 26, 2021

78

78

The Paypers

JULY 26, 2021

Solarisbank , the European Banking-as-a-Service platform, has raised EUR 190 million in an oversubscribed Series D funding round, valuing the company at EUR 1.4 billion.

Company 44

Company 44

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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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