BankInovation

DECEMBER 22, 2021

Banks and fintechs implementing open application programming interface (API) builds should look first to security measures as early security and authentication checks prevent up to 80% of risk vectors in API frameworks, Jason Harmon, chief technology officer at API design and development company Stoplight, tells Bank Automation News in this episode of “The Buzz” podcast. […].

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Banking Exchange

DECEMBER 22, 2021

Bloomberg reported that credit unions are seeking the ability to hold crypto-assets directly Technology Lines of Business Financial Trends Feature3 Feature Blockchain Bitcoin Cryptocurrency.

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BankInovation

DECEMBER 22, 2021

IT solutions provider CDW Corp. on Dec. 15 announced a partnership with Clearfind that will give its clients access to Clearfind's automated enterprise software evaluation and consolidation platform. The platform initially is being offered to CDW's banking, pharmaceutical and manufacturing clients, but ultimately will be targeted to "all industries with complex software management needs," according […].

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CFPB Monitor

DECEMBER 22, 2021

On Monday, the CFPB and DOJ announced that they sent joint letters to landlords/property management companies and mortgage servicers regarding the protections given to servicemembers by the Coronavirus Aid, Relief and Economic Security (CARES) Act and the Servicemembers Civil Relief Act (SCRA). Letter to landlords/property management companies. The letter only addresses SCRA protections for early lease terminations and evictions.

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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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BankInovation

DECEMBER 22, 2021

Aaron Wollner, chief marketing officer at Quontic Bank, will join Bank Automation Summit 2022 for a panel discussion on Iterating and Experimenting at Maximum Efficiency on Wednesday, March 2, at 3:30 p.m. ET at the JW Marriott in Charlotte, N.C. View the BAS agenda here. The panel will focus on building and maintaining an innovation […].

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BankInovation

DECEMBER 22, 2021

Intelligent document and process automation company Hyperscience today announced it raised $100 million in a series E funding round. The company had previously raised $188.9 million over eight rounds, according to Crunchbase. New York-based Hyperscience declined to reveal its current total valuation. The latest funding round was led by existing investors Global Founders Capital, Tiger, […].

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CB Insights

DECEMBER 22, 2021

Turing , a developer recruiting platform, has raised $87M in a Series C round that drew participation from AltaIR Capital, BrainStorm Ventures, WestBridge Capital, Foundation Capital, and Stepstone Group, among others. HOW’S THE COMPANY PERFORMING? California-based Turing helps companies hire, onboard, recruit, and manage developers. Over the past 12 months, the company’s developer pool has grown by more than 9x to reach 1M across 150+ countries.

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BankInovation

DECEMBER 22, 2021

The adoption of advanced technologies such as automation and artificial intelligence (AI), and maintaining the workforce to support them, are top risks for 2022 and beyond. Thirty-six business risk areas for 2022 and through 2031 were assessed by global business consulting firm Protiviti, which surveyed nearly 1,500 C-suite executives and board members of industries around […].

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CB Insights

DECEMBER 22, 2021

Razorpay , a payments solution, has raised $375M in a Series F round that drew participation from Tiger Global Management, Sequoia Capital India, Y Combinator, and Alkeon Capital Management, among others. How’s the company performing? India-based Razorpay enables businesses to accept, process, and disburse payments. It has recently launched a tax payments product suite.

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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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BankInovation

DECEMBER 22, 2021

Amazon.com Inc.’s online services business suffered at least its third outage in the past month, knocking a number of websites offline, but service was restored by Wednesday morning. Users of Amazon Web Services began reporting network connectivity problems at its US-East-Region 1 facility in Northern Virginia around 7:35 a.m. New York time Wednesday, and technicians […].

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Ublocal

DECEMBER 22, 2021

In celebration of our new Shelburne Village branch recently opening, we have collected input and insights from the wonderful community of people working and living in Shelburne, Vermont. To start with an introduction to Dave Micklas, Asst. Vice President, Branch and Business Development Manager : “After more than 27 years in banking it’s good to finally work for a Vermont based bank.

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FICO

DECEMBER 22, 2021

As more customers switch to digital channels, customer experience (CX) is now the new battleground. The numbers speak for themselves. Investments in improving CX are worth every cent. It’s also an area that warrants continual investment as it’s the critical customer benchmark that can set you apart from the competition. One mass-market manufacturer saw an uptick in customer experience by just one satisfaction point help deliver more than US$1B in additional revenue.

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CB Insights

DECEMBER 22, 2021

Dialpad , a business communication platform, has raised $170M in a Series F round that drew participation from Amasia, Google Ventures, T-Mobile Ventures, ICONIQ Capital, Work-Bench, Section 32, and OMERS Growth Equity. HOW’S THE COMPANY PERFORMING? San Francisco-based Dialpad provides business communication and customer engagement services to enterprises.

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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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The Paypers

DECEMBER 22, 2021

Reserve Bank of India (RBI) has revealed that its new payment approach will make recurrent online card payments faster for shoppers.

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American Banker

DECEMBER 22, 2021

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The Paypers

DECEMBER 22, 2021

Germany-based investment platform Bitpanda has launched a Bitcoin ETC, expanding its product range to include exchange-traded cryptocurrencies.

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Image Works Direct

DECEMBER 22, 2021

December is here and full of holiday cheer. As we wrap up the year with care, we hope you take some time to enjoy the present. The greatest gift of the season is time spent with loved ones. We hope you get to spend time with family and friends, enjoy time-honored traditions and take time for yourself. Your image.works team will be doing the same.

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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

DECEMBER 22, 2021

LianLian Global , a cross-border payments company has partnered Netcetera , a payment security software company, to work on securing global online transactions.

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American Banker

DECEMBER 22, 2021

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The Paypers

DECEMBER 22, 2021

Crypto exchange Binance has signed a memorandum of understanding with the Dubai World Trade Centre authority to help it establish a crypto regulatory framework, according to The Block.

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American Banker

DECEMBER 22, 2021

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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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The Paypers

DECEMBER 22, 2021

UK-based e-wallet platform VibePay has announced that it integrated with Wix , an Israeli software company that provides cloud-based web development services.

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American Banker

DECEMBER 22, 2021

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The Paypers

DECEMBER 22, 2021

Built Technologies , a US-based construction finance platform, has announced Built Pay, which aims to eliminate common pain points associated with making and receiving construction payments.

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American Banker

DECEMBER 22, 2021

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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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