Perficient

MAY 17, 2022

John Glen, Economic Secretary to the Treasury of the United Kingdom, delivered the keynote speech at the Innovate Finance Global Summit held in London last month. Glen began his speech by stressing the enormous contributions financial services institutions, particularly “fintech unicorns,” have made to the UK; the UK is the leading European fintech hub and the second leading fintech country in the world (falling only behind the U.S.).

Innovation 493

Innovation cryptocurrency Fintech Bitcoin 493

Accenture

MAY 12, 2022

If there’s one thing the payments industry has learned to expect over the last decade, it’s the unexpected. Even before the pandemic rewrote the rules on customer expectations, industry incumbents were being compelled to innovate by forces such as the advent of new technology like artificial intelligence, disruptive new competitors of all sizes, and shifting….

Payments 477

Payments Innovation Industry Technology 477

Payments Dive

MAY 23, 2022

Google, Microsoft and Apple this month began a big, new push in their campaign for a passwordless standard that's aimed at improving digital identity verification, including for payments.

Payments 459

Payments Apple Google 459

Abrigo

MAY 10, 2022

Strategies for being a better SAR writer With the volume of SARs law enforcement have to sift through, what can a BSA officer do to stand out? Here are a few techniques that should help. Would you like other articles like this in your inbox? Takeaway 1 You work hard on SARs so make sure you are filling them out fully to get the attention of law enforcement.

Regulation 370

Regulation Fraud Resources Software 370

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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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Independent Banker

MAY 31, 2022

Photo by Chris Williams. Community continuation is not about checking a regulatory box; it means putting a name to the people who will be the future of our banks. One of my favorite sayings my dad passed onto me is also a motto I live by: “How far you go in life depends on your being tender with the young, compassionate with the aged, sympathetic with the striving and tolerant of the weak and the strong.

Community 252

Community Community Bank Leadership US 252

Perficient

MAY 2, 2022

Last week, we introduced our blog series on insurance commerce. We discussed the need to consider all the commerce activities that take place before the customer engages in a purchase. First, You’ll Need a Strategy. There are many versions of the famous quote that says, “Strategy without execution is a dream, and execution without strategy is a nightmare,” but the intent is clear – a sound strategy is required to achieve expected results.

Strategy 491

Strategy Company Marketing Strategies Marketing 491

Accenture

MAY 15, 2022

Let’s face it: my previous post on workplace culture in banking was a bit gloomy. But the data is unequivocal. Multiple Accenture cross-industry studies have found that, on an industry level, banking struggles more than it should to attract, recruit and retain talent. That would be a major concern at any moment, but it’s particularly…. The post Culture change as the key to success in banking’s future appeared first on Accenture Banking Blog.

Study 378

Study Industry Data 378

Payments Dive

MAY 26, 2022

Russia's invasion of Ukraine is affecting card chip prices because Ukraine is home to two companies that produce half of the world’s neon supply, a key ingredient in chips.

Cards 456

Cards Company 456

SWBC's LenderHub

MAY 9, 2022

In the recent Supreme Court case of Hughes vs. Northwestern University, current and former plan participants in two of the university’s retirement plans claimed that the academic institution was in breach of its fiduciary duty.

Compliance 158

Compliance Regulation 158

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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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Independent Banker

MAY 31, 2022

Josh Prejean (right) of Bank of Zachary, here with mortgage client David Rozas, says community banks must compete through customer service. Nonbank institutions continue to be serious contenders in the home lending space. We look at how community banks can counter nonbanks’ offerings through streamlined technology, customer service and other strategies.

Community Bank 185

Community Bank Community Lending Marketing 185

Gonzobanker

MAY 4, 2022

A focused plan for the development of next generation talent is no longer optional. Every year, Cornerstone Advisors conducts a survey of community-based financial institution CEOs that asks what their top concerns are. The 2022 survey produced the biggest one-year change we have ever seen. A full 63% of executives identified the ability to attract qualified talent as a key concern, up from just 19% the year before (Cybersecurity and new customer growth were #2 and #3 at just over 40%).

Training 157

Training Survey System Data 157

Bobsguide

MAY 8, 2022

Cloud has moved from leading edge to the baseline of banking success. A recent GFT survey revealed that 95% of banks adopt cloud to improve time to market, while 86% of them do it to improve innovation and scalability. Although these objectives might seem ambitious, they are achievable if the transition to cloud is regarded as an opportunity to re-imagine systems and applications.

Compliance 166

Compliance Risk Management Digital Banking System 166

ATM Marketplace

MAY 6, 2022

It's no surprise that bank branches have had to make adjustments and add new services due to constantly changing circumstances. One such service is remote notarization, a tool that banks can use to notarize documents online.

Tools 159

Tools Online 159

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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 Dive

MAY 6, 2022

In the cannabis business, federal illegality has kept many banks and payments companies on the sidelines. That's opened the door for young companies that are using the ACH network to facilitate cannabis payments in states where it’s been legalized.

Company 455

Company Compliance Payments 455

SWBC's LenderHub

MAY 31, 2022

Last Week. Equities and credit sensitive bonds jumped sharply last week leaving investors wondering over the long weekend if the worst is over or whether it is a chance to exit at higher levels. The “good” news over the week was that both the U.S. and global economy is weakening faster than expectations, which in turn could allow central bankers to curtail monetary policy tightening sooner that previously thought.

Marketing 148

Marketing Policies Capital 148

CFPB Monitor

MAY 16, 2022

The CFPB recently issued its annual fair lending report covering its fair lending activity in 2021. . In the report’s discussion of its risk-based approach for prioritizing fair lending supervisory and enforcement activity, the CFPB indicates that much of its enforcement and supervision efforts were focused on advancing its priorities of advancing racial and economic equity and promoting economic recovery related to the COVID-19 pandemic.

Lending 148

Lending Report Memphis Tennessee 148

Gonzobanker

MAY 5, 2022

ICE should take care to ensure that this deal does not slow the speed to market of both companies. New York Stock Exchange-parent Intercontinental Exchange (ICE.N) just announced it will acquire Black Knight (BKI.N) in a deal valuing the mortgage-lending software and data analytics firm at $13.1 billion or about 9 times 2021 revenue. This is the same ICE that owns Encompass, the mortgage loan origination system formerly owned by Ellie Mae, in use by over 1,350 U.S. banks and credit unions for th

Lending 148

Lending System Marketing New York 148

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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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Bobsguide

MAY 26, 2022

Generation Life – a leading life insurance company that’s been providing Australians with tax-effective investment solutions for over 18 years – has launched its innovative new lifetime income solution, known as Generation Life LifeIncome, on GBST’s cloud-based wealth administration platform, Composer. Available exclusively through financial advisers, Generation Life’s new and exciting solution, an investment-linked lifetime annuity that pays an income for life – paves the road for much needed p

Technology 148

Technology Management Innovation User Experience 148

TheGuardian

MAY 21, 2022

The banker and former regulator has seen many crises in his career, but war and political division have him worried Sir Howard Davies is a worried man. He is worried about political polarisation. He is worried about the long-term impact of Brexit on the City of London. And he is worried by the pushback against globalisation. One thing he is not especially worried about is the health of the bank he chairs, NatWest, which in its former guise as Royal Bank of Scotland was on the edge of collapse du

Regulation 145

Regulation Policies Groups 145

Payments Dive

MAY 2, 2022

"We urge Director Rohit Chopra to update the CFPB’s outdated remittance rule and take on the high cost of international payments," the Financial Technology Association says in this op-ed piece.

Financial Technology 454

Financial Technology Technology Payments 454

SWBC's LenderHub

MAY 2, 2022

Last Week. It is hard to imagine anybody went home for the weekend happy. The rout in both the equity markets and the bond market continues to pick up intensity. Global inflation continues to build as the supply of just about everything needed to make the world clothed, sheltered, and fed is experiencing major problems.

Marketing 148

Marketing Capital 148

Advertiser: Data Robot

The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.

Marketing

CFPB Monitor

MAY 9, 2022

The Federal Trade Commission issued two notices this week concerning the Telemarketing Sales Rule (TSR)—an advance notice of proposed rulemaking (ANPR) and a notice of proposed rulemaking (NPR). Both notices address the TSR’s exemption of business-to-business (B2B) telemarketing calls. The FTC issued the new notices following its review of comments received in response to the regulatory review of the TSR it initiated in 2014.

Compliance 148

Compliance Marketing Examples Retail 148

ATM Marketplace

MAY 31, 2022

Versatile and omnipresent though kiosks may be, they require a regular and reliable connection to work their magic. One of the best out there is 4G LTE and soon 5G. As you move towards your kiosk or ATM deployment , you'd be hard-pressed to find a better network arrangement than a 4G LTE.

ATM 129

ATM 129

Bobsguide

MAY 25, 2022

Moneybase, a fintech subsidiary of Calamatta Cuschieri Finance Group – Malta’s largest independent financial services firm which pioneered the Maltese financial services industry in 1971, has launched Moneybase, a new digital payments app and card issuing platform using the award-winning payments platform, TranzAxis, from Compass Plus Technologies.

Technology 147

Technology Payments Cards ATM 147

Cisco

MAY 10, 2022

We’re ALL IN at Cisco Live 2022. We’re excited for the in-person creative experiences, impactful speakers, and thought-provoking sessions June 12-16, 2022 in Las Vegas. Join us for our thousands of engaging business and technology sessions. Cisco Live delivers education and inspiration to technology innovators worldwide through large-scale in-person and digital events, as well as on-demand education.

Las Vegas 129

Las Vegas Industry Leadership Technology 129

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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