Perficient

DECEMBER 10, 2020

by Chandra Craven. I grew up in the healthcare world watching my mother, a Black nurse for more than 50 years, as she worked in hospitals, nursing homes and other healthcare settings. Now, at 73, my mother works in an assisted living community close to patients at high risk for contracting COVID-19. Once a week, my mother undergoes a COVID-19 test, and every time, the fear that my mom will become infected grows within me.

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PYMNTS

DECEMBER 10, 2020

Major U.S. retailers CVS and Walmart are readying to begin distributing COVID-19 vaccines, according to published reports. CNBC reported that CVS is ready to begin doling out the vaccines to the most vulnerable populations within 24 to 48 hours of receiving them. CVS CEO Larry Merlo said per CNBC that CVS has 10,000 healthcare professionals ready to administer the vaccines in nursing homes and assisted living centers.

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Perficient

DECEMBER 10, 2020

COVID-19 vaccines appear to be close to helping resolve the 2020 Coronavirus Pandemic. The pandemic exposed both good and bad customer experiences as companies reacted to the changing market and economic conditions. As we start to emerge from the pandemic in 2021, what should customer experience practitioners focus on to begin to ramp back up? Expectations vs Reality.

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PYMNTS

DECEMBER 10, 2020

Pet retailer Petco is launching same-day nationwide delivery in partnership with DoorDash that can be accessed via a redesigned website and upgraded app. . "Consumers want more than a transactional relationship with the companies they do business with," Petco Chief Digital and Innovation Officer Darren MacDonald said in a Thursday (Dec. 10) press release.

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Tools Retail Training Online 279

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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

Perficient

DECEMBER 10, 2020

To prevent performance issues for content authors in the Content Editor, Sitecore recommends keeping no more than 10 versions of items. In this blog post of my mini-series, I will go over how to perform an automated cleanup of old, outdated item versions while retaining them in the Archive for historical record. Old versions found in the Archive can be restored for later use if need be.

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Perficient

DECEMBER 10, 2020

Perficient is excited to present Retail Roundtable: A Year of Change in E-commerce and Supply Chain with the Dallas Business Journal. We’ll sit down with leaders at Sally Beauty to discuss the strategies and tactics that have helped them succeed with e-commerce and supply chain management in 2020. Shifting Priorities. This year we’ve all had to dramatically change our lives.

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PYMNTS

DECEMBER 10, 2020

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. “Our payments tracking tool populates SWIFT gpi information into a view that can be read easily and acted upon immediately,” Tom Durkin, global product head for CashPro in global transaction services at BofA, said in a Thursday (Dec. 10) press release.

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Bobsguide

DECEMBER 10, 2020

A no-deal Brexit or a failure to produce close regulatory alignment in the financial services sector will be an “absolute nightmare” for fintechs, according to James Lynn, co-founder at London-based fintech, Currensea. Lynn says that a no-deal scenario, alongside no equivalence.

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Fintech 179

PYMNTS

DECEMBER 10, 2020

At a time when pretty much everyone is longing for a return to normalcy and the way life used to be, at least one top banking technology leader says the pandemic has brought about so many positive changes in such a short period of time that there’s no turning back. And that’s a good thing, Sara Castelhano, J.P. Morgan ’s managing director and EMEA head of payments and solutions, said in a recent interview with Karen Webster.

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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

Report

Payments Source

DECEMBER 10, 2020

Payment technology developer MyPINPAD has upgraded its point-of-sale app to allow merchants to accept and authorize contactless payments through a consumer mobile device — and to potentially provide a less expensive option for PIN transactions for smaller merchants.

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Mobile Payments Technology 154

PYMNTS

DECEMBER 10, 2020

The social commerce category is finishing the year with a flourish. New announcements from Instagram , L’Oréal and Snap lead the way, as consumers find new ways to shop from shared videos and social posts. Instagram’s announcement that it will make its Reels feature shoppable is a clear response to TikTok’s popularity and the latest in Facebook’s corporate push toward more commerce and video.

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social media Video Branding Online 257

Jack Henry

DECEMBER 10, 2020

A lot has changed since the confetti was cleaned off the streets when we entered 2020. There are real world health concerns, economic uncertainty, and fundamental changes associated with how we work, play and connect with others. We have also been introduced to a series of new terms including COVID-19, social distancing, global pandemic, and super-spreaders.

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PYMNTS

DECEMBER 10, 2020

The Department of Health and Human Services has reportedly signed on many supermarket and pharmacy chains to provide coronavirus vaccines once the inoculations get the green light. In eCommerce, Amazon ’s third-party merchants are worried they won’t be able to satisfy holiday demand due to restrictions on the volume of inventory the firm can keep in its facilities.

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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

SWBC's LenderHub

DECEMBER 10, 2020

No one could have anticipated the struggles we’ve all faced this year. The onset and spread of COVID-19 throughout the country has caused major disruptions across nearly all industries in 2020. While we have somewhat recovered from the initial shock of job losses in the spring, mass furloughs and layoffs have negatively affected millions of Americans—between February and August 2020, our nation lost nearly 11.6 million jobs.

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National Industry Lending 145

PYMNTS

DECEMBER 10, 2020

Platform companies are all the rage on Wall Street. Airbnb, in only the latest example, priced its initial public offering (IPO) on Thursday (Dec. 10) far above initial targeted ranges. The company’s shares come to market at $68 a share. That compares with a reported range of $44 to $50, as of earlier this month. The splash — with trading yet to begin — follows the DoorDash IPO that debuted this week, where shares soared more than 80 percent in their first day of trading.

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Course Online Marketing Operations 247

Payments Source

DECEMBER 10, 2020

BitPay and Paxos are only the latest digital currency companies to pursue a national charter from the Office of the Comptroller of the Currency.

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cryptocurrency National Company 148

PYMNTS

DECEMBER 10, 2020

Bank of America customers are spending more across all accounts than they did last year, but more stimulus is needed to support small businesses and people who are unemployed, according to CEO Brian Moynihan. “When you look at what they’re spending year-to-date, they’ve spent more in 2020 than they did in 2019, and that is now across $2.7 trillion in money moved by our consumers,” Moynihan told CNBC.

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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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Payments Source

DECEMBER 10, 2020

FleetCor Technologies, whose peers with fleet-card roots include WEX and U.S. Bank Voyager, has been on an M&A streak that netted several B2B payments specialists in areas that take FleetCor in new directions, as rivals also diversify.

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Cards Technology Payments 123

PYMNTS

DECEMBER 10, 2020

It has been suggested that millennials are averse to having and using credit cards. New PYMNTS research shows such assumptions are off-base, however, as is often the case with generational stereotypes. Millennials are in fact as likely as other generations to have credit cards, with nearly nine out of 10 having at least one card, according to PYMNTS’ latest research.

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Millennials Online Report Study 241

Payments Source

DECEMBER 10, 2020

It's important that breach mitigation strategies take younger people, gaming and school into account, says ForgeRock's Ben Goodman.

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Data Strategy Fraud Payments 124

PYMNTS

DECEMBER 10, 2020

Consumers were forced to swiftly adapt to a world where their primary way to interact with businesses or banks became digital-first, with the pandemic seemingly increasing the number of consumers turning to digital tools to conduct their financial activities. PYMNTS research found that fi­nancial institutions (FIs) in the United States alone saw a 60 percent increase in the amount of consumers who downloaded mobile banking apps in April and May, for example.

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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

Payments Source

DECEMBER 10, 2020

Scotiabank is an early adopter of a Canadian initiative to improve liquidity for B2B transactions by speeding processing.

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Payments 123

PYMNTS

DECEMBER 10, 2020

North Lane Technologies and daVinci Payments said they have finished their merger, making a "high-growth, premier payment company with innovative technology and solutions," according to a Thursday (Dec. 10) announcement. They now operate together under the Syncapay brand umbrella via a holding firm created with a new majority equity investment from funds that Centerbridge Partners advises, according to the announcement.

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Matt Wilcox Pro

DECEMBER 10, 2020

It was a dreadful advertising campaign. I figure it’s safe to say that now, since the bank in question has long since been acquired by another bank, which was in turn acquired by another bank, and that one by another, and so forth. The tagline was “We want to be your bank.” They even set it […].

Payments 88

Payments 88

PYMNTS

DECEMBER 10, 2020

TSYS , a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. Krebs said the attackers have said they plan to publish more in the coming days. However, TSYS said the malware didn't jeopardize card data and that the attack had only targeted the company's administrative wing.

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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.

Lending